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Non-destructive testing equipment is 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.
Scope of the Report:
Non-Destructive Testing Equipment is a huge market, and the total sum of the industry is more than 1.8 Billion US dollars in 2014. Moreover, this industry continuously increases, with the development of global economy.
The United States is the largest market of Non-Destructive Testing Equipment, which occupies average 31.42 percent of global Non-Destructive Testing Equipment procedures per year. It is followed by Europe and China, which respectively have around 50 percent of the global total industry. Other main regions which take important part in this industry include Japan and some Industrial countries.
According to the research, the most potential market in the main countries of Non-Destructive Testing Equipment 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 Equipment. India is also a rapidly developing economy.
The market of the Non-Destructive Testing Equipment 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 Equipment market is consolidated in nature. Various players are adopting competitive strategies such as collaborations, acquisitions and capitalizing untapped opportunities in the emerging economies of India and China, to sustain and gain market penetrartion across the globe. Some key players of this market include GE Measurement & Control, Olympus Corporation, Magnaflux, YXLON, Nikon Metrology NV, Zetec, Mistras, karl deutsch, Proceq, Sonatest, Union, Dndt, Huari, Aolong, Zhongke Innovation, Quanrui, Hongxu, Siui, IDEA, Runqi.
The worldwide market for Non-Destructive Testing Equipment is expected to grow at a CAGR of roughly 5.1% over the next five years, will reach 2320 million US$ in 2024, from 1720 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Non-Destructive Testing Equipment in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- GE Measurement & Control
- Olympus Corporation
- Nikon Metrology NV
- karl deutsch
- Zhongke Innovation
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- magnetic particle
- Penetrant flaw detection
- eddy current test
Market Segment by Applications, can be divided into
- Oil and gas
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Non-Destructive Testing Equipment product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Non-Destructive Testing Equipment, with price, sales, revenue and global market share of Non-Destructive Testing Equipment in 2017 and 2018.
Chapter 3, the Non-Destructive Testing Equipment competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Non-Destructive Testing Equipment breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Non-Destructive Testing Equipment market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Non-Destructive Testing Equipment sales channel, distributors, customers, research findings and conclusion, appendix and data source.