The global non-destructive testing equipment market was valued at USD 3,035.5 million in 2020 to USD 5549.01 million by 2027, at a CAGR of 9.0% from 2021 to 2027.
A newly published report by Market Statsville Group (MSG), titled Global Nondestructive Testing Equipment Market provides an exhaustive analysis of significant industry insights and historical and projected global market figures. MSG expects the global Nondestructive Testing Equipment market will showcase an impressive CAGR from 2024 to 2033. The comprehensive Nondestructive Testing Equipment market research study highlights market dynamics, value chain analysis, regulatory framework, growing investment hotspots, competitive landscape, geographical landscape, and extensive market segments.
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This report contains the historic, present, and forecast analysis of the Nondestructive Testing Equipment market at segmental, regional, and country-level, including the following market information:
- Global Nondestructive Testing Equipment Market Revenue, 2018-2023, 2024-2033, (US$ Millions)
- Global Nondestructive Testing Equipment Market Sales Volume, 2018-2023, 2024-2033, (Units)
- Share of the top five Nondestructive Testing Equipment companies in 2023 (%)
Market Statsville Group™ has assessed thoroughly the Nondestructive Testing Equipment manufacturers, suppliers, distributors, and industry experts in its latest industry report. A 5-year historical analysis (value/volume) and a 10-year forecast analysis (value/volume) of the market size are included in the report. The report also offers installed base, production/consumption analysis, import/export trends, pricing trend analysis, and consumption statistics.
The research provides an in-depth analysis of the Nondestructive Testing Equipment market, examining its many components at the segmental, regional, and country levels. Its primary goal is to provide a comprehensive market segmentation based on type, application, and end-use industries. The research report additionally provides an analysis of the growth of each segment, aiming to provide a precise estimation and future sales possibilities during the period of 2024-2033. The analysis provides valuable strategic insights and informative content for users, enabling them to effectively leverage business opportunities and facilitate growth.
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Nondestructive Testing Equipment Market Segments Covered in this report are:
By Testing Method Outlook (Sales, USD Million, 2017-2027)
- Ultrasonic Testing
- Radiography Testing
- Visual Inspection Testing
- Magnetic Particle Testing & Electromagnetic Testing
- Eddy-Current Testing
- Liquid Penetrant Testing
- Others
By Technique Outlook (Sales, USD Million, 2017-2027)
- Volumetric Examination
- Surface Examination
- Others
By Industrial Vertical Outlook (Sales, USD Million, 2017-2027)
- Oil & Gas
- Energy & power
- Aerospace & Defense
- Automotive & transportation
- Infrastructure
- Others
Nondestructive Testing Equipment Market Regional Analysis in the report covers:
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North America (Revenue: USD Million; 2018-2033)
- US
- Canada
- Mexico
Europe (Revenue: USD Million; 2018-2033)
- Germany
- France
- U.K.
- Italy
- Spain
- Russia
- The Netherland
- Poland
- Belgium
- Nordic Countries
- Rest of Europe
Asia Pacific (Revenue: USD Million; 2018-2033)
- China
- Japan
- South Korea
- ASEAN
- Australia & New Zealand
- India
- Rest of Asia
South America (Revenue: USD Million; 2018-2033)
- Brazil
- Argentina
- Peru
- Colombia
- Rest of South America
Middle East & Africa (Revenue: USD Million; 2018-2033)
- Turkey
- Israel
- Saudi Arabia
- Egypt
- UAE
- Rest of the Middle East & Africa
Competitor Analysis of the Global Nondestructive Testing Equipment Market
This segment encompasses extensive data pertaining to several prominent competitors in the Nondestructive Testing Equipment market. It also provides insights into recent developments, market contributions, and successful marketing strategies. A dashboard summary of the historical and current performance of the leading corporations is also included in the report. The competitive landscape part of the study also includes a breakdown of local and international sales, as well as a market player mapping by product and a market share analysis of the major companies, brands, producers, and suppliers. Additionally, the study offers a thorough list of products and services offered, a SWOT analysis, and associated winning business strategies, along with a detailed company profile of 20–25 prominent market participants, complete with their financials and business models.
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The key companies covered in the market report are:
The global non-destructive testing equipment market is fragmented into a few major players are Olympus Corporation, Intertek Group PLC, SGS SA, Ashtead Technology Inc., General Electric, Sonatest Ltd. Zetec, Inc., Nikon Metrology Inc., Mistras Group Inc., and Carestream Health. These manufacturers have garnered the maximum market share in 2020. These market players are adopting growth strategies to strengthen their position in the market.
Why asking for a copy of the report sample is a good idea:
- Understand the ways in which our report can impact on your company’s strategic operations.
- Understanding regional analysis and growth
- Overview in graphical form of both global and regional analysis
- Recognize the leading market participants by examining their revenue analyses.
- Evaluation of market dynamics, including upcoming trends, Porter’s five forces, SWOT analysis, and PESTEL analysis.