Global Non-Destructive Testing Instruments Market Insights, Forecast to 2025

This report studies the Non-Destructive Testing Instruments market, Non-destructive testing instruments are a wide group of equipment used in science and industry to evaluate the properties of a material, component or system without causing damage. Common NDT methods include ultrasonic, magnetic-particle, liquid penetrant, radiographic, remote visual inspection, eddy-current testing, and low coherence interferometry.
The United States is the largest market of Non-Destructive Testing Instruments, which occupies average 38.79 percent of global Non-Destructive Testing Instruments procedures per year. It is followed by Europe and Japan, which have around 43 percent of the global total industry. Other main regions which take important part in this industry include China and some Industrial countries.
According to the research, the most potential market in the main countries of Non-Destructive Testing Instruments industry is China, determined by its rapid growth of economy. Besides, Southeast Asia, Japan and India should also be focused by the investors. They are the potential consumers of Non-Destructive Testing Instruments. India is also a rapidly developing economy.
The market of the Non-Destructive Testing Instruments is growing fast due to people’s more concentration on safety. Although the market scale is still limited at present, but the potential is considerable.
The Non-Destructive Testing Instruments market was valued at 3690 Million US$ in 2018 and is projected to reach 5500 Million US$ by 2025, at a CAGR of 5.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Non-Destructive Testing Instruments.

This report presents the worldwide Non-Destructive Testing Instruments market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
General Electric
Olympus Corporation
Mistras
Nikon
Magnaflux
YXLON
Fujifilm
Sonatest
Zetec, Inc
Bosello High Technology srl
Union

Non-Destructive Testing Instruments Breakdown Data by Type
Ultrasonic Test Equipment
Magnetic Particle Test Equipment
Visual Inspection Equipment
Radiography Test Equipment
Penetrant Test Equipment
Others
Non-Destructive Testing Instruments Breakdown Data by Application
Aerospace & Defense Industry
Automotive Industry
Oil & Gas Industry
Infrastructure Industry
Power Generation Industry
Others

Non-Destructive Testing Instruments Production by Region
United States
Europe
China
Japan
Other Regions

Non-Destructive Testing Instruments Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Non-Destructive Testing Instruments status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Non-Destructive Testing Instruments manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Non-Destructive Testing Instruments :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Non-Destructive Testing Instruments market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions