Global Non-Destructive Testing Equipment Market is expected to reach USD 12,353.37 million by 2024 from USD 6,700.00 million in 2016, at a CAGR of 8.1% in the forecast period 2017 to 2024.
Asia-Pacific Non-Destructive Testing Equipment Market is expected to reach USD 3,556.72 million by 2024 from USD 1,795.60 million in 2016, at a CAGR of 9.1% in the forecast period 2017 to 2024.
Europe Non-Destructive Testing Equipment Market is expected to reach USD 2,895.74 million by 2024 from USD 1,634.80 million in 2016, at a CAGR of 7.6% in the forecast period 2017 to 2024.
North America Non-Destructive Testing Equipment Market is expected to reach USD 4,332.36 million by 2024 from USD 2,311.50 million in 2016, at a CAGR of 8.3% in the forecast period 2017 to 2024.
The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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This report consists of below pages:
- No of pages: 328
- No of Figures: 48
- No of Tables: 171
The major factors driving the growth of this market are remote visual inspection in aerospace increases demand, stringent safety guidelines and government protocols, automated NDT devices expected to see most demand and the power industry is boomed by continuous investment in nuclear plants. On the other hand, lack of skilled equipment operators and high cost of NDT equipment slowing down acceptance may hinder the growth of the market.
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Report Segmentation:
The global non-destructive testing equipment market is segmented on the basis of equipment type, mode of testing, application, industry, and geography. The global non-destructive testing equipment market is segmented into ultrasonic test equipment, magnetic particle test equipment, visual inspection equipment, radiography test equipment, penetrant test equipment, eddy current testing equipment, acoustic emission testing equipment and others. In 2017, the ultrasonic test equipment segment is expected to dominate the market with a share of 32.0 % and is expected to continue this trend till 2024.
Based on equipment type, the global non-destructive testing equipment market is segmented into ultrasonic test equipment, magnetic particle test equipment, visual inspection equipment, radiography test equipment, penetrant test equipment, eddy current testing equipment, acoustic emission testing equipment and others.
On the basis of mode of testing, the global non-destructive testing equipment market is segmented into surface testing, volumetric testing, condition monitoring and integrity inspection.
On the basis of application, the global non-destructive testing equipment market is classified into flaw detection, leak detection dimensional measurement, physical analysis, chemical analysis, plasma emission testing, corrosion emission testing and others.
On the basis of industry, the global non-destructive testing equipment market is classified into automotive, oil and gas, energy and power, aerospace and defence and others.
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Key Drivers of Global Non-Destructive Testing Equipment Market:
Some of the major factors driving the market for non-destructive testing equipment market are remote visual inspection in aerospace increases demand, stringent safety guidelines and government protocols. These factors increase the demand for non-destructive testing equipment market. Automated NDT devices expected to see most demand and the power industry is boomed by continuous investment in nuclear plants are the other major factors driving the growth of the non-destructive testing equipment market.
- Lack of skilled equipment operators and high cost of NDT equipment slowing down acceptance are the factor which may hinder the growth of this market
- Many companies are increasingly focusing on variability in the prices of crude oil and natural gas in order to strengthen their product portfolios in the non-destructive testing equipment market.
- New power generation products and integration of robotic technology will drive the market in future.
Key Points of Global Non-Destructive Testing Equipment Market:
- Radiography test equipment market is growing with the highest CAGR
- Surface testing are driving the market with highest market share
- Ultrasonic test equipment are dominating the non-destructive testing equipment market
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TABLE OF CONTENTS:
1. INTRODUCTION
1.1. OBJECTIVES OF THE STUDY
1.2. MARKET DEFINITION
1.3. OVERVIEW OF GLOBAL NON DESTRUCTIVE TESTING EQUIPMENT MARKET
1.4. CURRENCY AND PRICING
1.5. LIMITATION
1.6. MARKETS COVERED
2. MARKET SEGMENTATION
2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCES
2.8. ASSUMPTIONS
3. EXECUTIVE SUMMARY
4. PREMIUM INSIGHTS
5. GLOBAL NON DESTRUCTIVE TESTING EQUIPMENT MARKET, BY EQUIPMENT TYPE
5.1. OVERVIEW
5.2. ULTRASONIC TEST EQUIPMENT
5.3. MAGNETIC PARTICLE TESTING
5.4. VISUAL INSPECTION EQUIPMENT
5.5. RADIOGRAPHY TESTING EQUIPMENT
5.6. PENETRANT TEST EQUIPMENT
5.7. EDDY CURRENT TESTING EQUIPMENT
5.8. ACCOUSTIC EMMISION TESTING EQUIPMENT
5.9. OTHERS
6. GLOBAL NON DESTRUCTIVE TESTING EQUIPMENT MARKET,
BY INDUSTRY
6.1. OVERVIEW
6.2. AUTOMOTIVE
6.3. OIL AND GAS
6.4. ENERGY AND POWER
6.5. AEROSPACE AND DEFENCE
6.6. OTHERS
7. GLOBAL NON DESTRUCTIVE TESTING EQUIPMENT MARKET,
BY APPLICATION
7.1. OVERVIEW
7.2. PHYSICAL ANALYSIS
7.3. LEAK DETECTION
7.4. FLAW DETECTION
7.5. DIMENSIONAL MEASUREMENT
7.6. CHEMICAL ANALYSIS
7.7. CORROSION EMISSION TESTING
7.8. PLASMA EMISSION TESTING
7.9. OTHERS
8. GLOBAL NON DESTRUCTIVE TESTING EQUIPMENT MARKET,
BY INDUSTRY
8.1. OVERVIEW
8.2. AUTOMOTIVE
8.3. OIL AND GAS
8.4. ENERGY AND POWER
8.5. AEROSPACE AND DEFENCE
8.6. OTHERS
9. GLOBAL NON-DESTRUCTIVE TESTING EQUIPMENT MARKET,
BY GEOGRAPHY
9.1. GLOBAL
9.2. NORTH AMERICA
9.2.1. U.S.
9.2.2. CANADA
9.2.3. MEXICO
9.3. EUROPE
9.3.1. GERMANY
9.3.2. FRANCE
9.3.3. U.K.
9.3.4. ITALY
9.3.5. SPAIN
9.3.6. SWITZERLAND
9.3.7. NETHERLANDS
9.3.8. BELGIUM
9.3.9. TURKEY
9.3.10. RUSSIA
9.3.11. REST OF EUROPE
9.4. ASIA-PACIFIC
9.4.1. JAPAN
9.4.2. CHINA
9.4.3. INDIA
9.4.4. SOUTH KOREA
9.4.5. AUSTRALIA
9.4.6. SINGAPORE
9.4.7. THAILAND
9.4.8. MALAYSIA
9.4.9. INDONESIA
9.4.10. PHILIPPINES NON-DESTRUCTIVE EQUIPMENT MARKET
9.4.11. REST OF ASIA
9.5. SOUTH AMERICA
9.5.1. BRAZIL
9.5.2. REST OF SOUTH AMERICA
9.6. MIDDLE EAST AND AFRICA
9.6.1. SOUTH AFRICA
9.6.2. REST OF MIDDLE EAST AND AFRICA
10. GLOBAL NON-DESTRUCTIVE TESTING EQUIPMENT MARKET, COMPANY LANDSCAPE
10.1. COMPANY SHARE ANALYSIS: GLOBAL
10.2. COMPANY SHARE ANALYSIS: NORTH AMERICA
10.3. COMPANY SHARE ANALYSIS: EUROPE
10.4. COMPANY SHARE ANALYSIS: APAC
11. COMPANY PROFILES
11.1. FUJIFILM HOLDINGS CORPORATION
11.1.1. COMPANY OVERVIEW
11.1.2. FUJIFILM HOLDINGS CORPORATION: REVENUE ANALYSIS
11.1.3. PRODUCT PORTFOLIO
11.1.4. RECENT DEVELOPMENTS
11.2. OLYMPUS CORPORATION
11.2.1. COMPANY OVERVIEW
11.2.2. OLYMPUS CORPORATION: REVENUE ANALYSIS
11.2.3. PRODUCT PORTFOLIO
11.2.4. RECENT DEVELOPMENTS
11.3. GENERAL ELECTRIC
11.3.1. COMPANY OVERVIEW
11.3.2. GENERAL ELECTRIC: REVENUE ANALYSIS
11.3.3. PRODUCT PORTFOLIO
11.3.4. RECENT DEVELOPMENTS
11.4. SONATEST
11.4.1. COMPANY OVERVIEW
11.4.2. SONATEST: COMPANY SNAPSHOT
11.4.3. PRODUCT PORTFOLIO
11.4.4. RECENT DEVELOPMENTS
11.5. PFINDER KG
11.5.1. PFINDER KG: COMPANY SNAPSHOT
11.5.2. PRODUCT PORTFOLIO
11.5.3. RECENT DEVELOPMENTS
11.6. SOCOMORE
11.6.1. SOCOMORE: COMPANY SNAPSHOT
11.6.2. PRODUCT PORTFOLIO
11.6.3. RECENT DEVELOPMENTS
11.7. MISTRAS GROUP, INC.
11.7.1. COMPANY OVERVIEW
11.7.2. MISTRAS GROUP, INC.: REVENUE ANALYSIS
11.7.3. PRODUCT PORTFOLIO
11.7.4. RECENT DEVELOPMENTS
11.8. NIKON CORPORATION
11.8.1. COMPANY OVERVIEW
11.8.2. NIKON CORPORATION: REVENUE ANALYSIS
11.8.3. PRODUCT PORTFOLIO
11.8.4. RECENT DEVELOPMENTS
11.9. ASHTEAD GROUP PLC
11.9.1. COMPANY OVERVIEW
11.9.2. ASHTEAD GROUP PLC: COMPANY SNAPSHOT
11.9.3. PRODUCT PORTFOLIO
11.9.4. RECENT DEVELOPMENTS
11.10. BOSELLO HIGH TECHNOLOGY SRL
11.10.1. COMPANY OVERVIEW
11.10.2. BOSELLO HIGH TECHNOLOGY SRL: COMPANY SNAPSHOT
11.10.3. PRODUCT PORTFOLIO
11.10.4. RECENT DEVELOPMENTS
11.11. COMET GROUP
11.11.1. COMPANY OVERVIEW
11.11.2. COMET GROUP: COMPANY SNAPSHOT
11.11.3. PRODUCT PORTFOLIO
11.11.4. RECENT DEVELOPMENTS
11.12. ZETEC, INC. (ROPER TECHNOLOGIES)
11.12.1. COMPANY OVERVIEW
11.12.2. ZETEC, INC.: COMPANY SNAPSHOT
11.12.3. PRODUCT PORTFOLIO
11.12.4. RECENT DEVELOPMENTS
11.13. MAGNAFLUX (ILLINOIS TOOL WORKS INC.)
11.13.1. COMPANY OVERVIEW
11.13.2. MAGNAFLUX: COMPANY SNAPSHOT
11.13.3. PRODUCT PORTFOLIO
11.13.4. RECENT DEVELOPMENTS
12. RELATED REPORTS
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