Global Nondestructive Testing Equipment Market Estimated To Reach $7.1 Billion By 2020

Date: 2016-10-17

Since 2013, the global transportation industry has been showcasing high growth potential and there have been significant investments in new production facilities for the automotive industry as well as demand for more aircraft from airlines, the Nondestructive Testing inspection services market is expected to grow as the transportation industry.

According to research, the global non-destructive testing market is estimated to grow at a CAGR of 9.3% to reach $7.1 billion by 2020. NDT aims at optimizing safety, reliability, and cost-effectiveness. Non-Destructive Testing (NDT) assures safety and reliability by identifying flaws and defects in products without disrupting operations or delaying processes.

In terms of application, Non-destructive testing has its applications in various industries such as aerospace and defense, automotive, oil & gas, infrastructure, and power generation. The report provides a description of the application of Non-Destructive Testing (NDT). The market within this study has been classified on the basis of Non-Destructive Testing (NDT) methods such as visual testing, magnetic particle testing, electromagnetic testing, liquid penetrant testing, radiography testing, thermography testing, and ultrasonic testing.

Globla top Nondestructive Testing Equipment companies are Mistras Group, Inc. (U.S.), Olympus Corporation (Japan), GE Measurement & Control Solutions (U.S.), Nikon Corporations (Japan), Ashtead Technology (U.K.), Magnaflux Corporation ( U.S.), Zetec Inc. (U.S.), Sonatest Ltd. (U.K.), Sonotron NDT (isreal), Bosello High Technology SRL (Italy), YXLON International GMBH (Germany), Fischer Technology, Inc. (Germany) , Eddyfi (Canada), and so on.

Nondestructive Testing Equipment market share by region as following:


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520

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