Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Non-Destructive Testing Instruments, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Non-Destructive Testing Instruments. This report contains market size and forecasts of Non-Destructive Testing Instruments in global, including the following market information:
Global Non-Destructive Testing Instruments Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Non-Destructive Testing Instruments market was valued at US$ 4786.7 million in 2022 and is projected to reach US$ 6986.5 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Non-Destructive Testing Instruments key players include General Electric, Olympus Corporation, Fujifilm, Nikon, etc. Global top four manufacturers hold a share about 35%.
North America is the largest market, with a share over 35%, followed by Asia-Pacific and Europe, both have a share about 50 percent.
In terms of product, Ultrasonic Test Equipment is the largest segment, with a share about 33%. And in terms of application, the largest application is Oil & Gas Industry, followed by Aerospace & Defense Industry, Automotive Industry, Infrastructure Industry, Power Generation Industry, etc.
We surveyed the Non-Destructive Testing Instruments companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Non-Destructive Testing Instruments Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Non-Destructive Testing Instruments Market Segment Percentages, by Type, 2022 (%)
Ultrasonic Test Equipment
Magnetic Particle Test Equipment
Visual Inspection Equipment
Radiography Test Equipment
Penetrant Test Equipment
Others
Global Non-Destructive Testing Instruments Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Non-Destructive Testing Instruments Market Segment Percentages, by Application, 2022 (%)
Aerospace and Defense Industry
Automotive Industry
Oil and Gas Industry
Infrastructure Industry
Power Generation Industry
Others
Global Non-Destructive Testing Instruments Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Non-Destructive Testing Instruments Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Non-Destructive Testing Instruments revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Non-Destructive Testing Instruments revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Electric
Olympus Corporation
Mistras
Nikon
Magnaflux
YXLON
Fujifilm
Sonatest
Zetec
Bosello High Technology
Union
Outline of Major Chapters:
Chapter 1: Introduces the definition of Non-Destructive Testing Instruments, market overview.
Chapter 2: Global Non-Destructive Testing Instruments market size in revenue.
Chapter 3: Detailed analysis of Non-Destructive Testing Instruments company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Non-Destructive Testing Instruments in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
