DUBLIN--(BUSINESS WIRE)--The "Global Non-Destructive Testing (NDT) Market - Segmented by Type (Service and Equipment), Technology (Radiography Testing, Ultrasonic Testing, Magnetic Particle Testing, etc.), End-user and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The non-destructive testing (NDT) market was valued at USD 13.72 billion in 2017 and is expected to reach a value of USD 20.25 billion by 2023, at a CAGR of 6.7% during the forecast period (2018-2023).
In the recent years, governments across the globe are focusing on safety issues and needs to prevent accidents. Major applications of the market are found in oil & gas, aerospace and defense, and power generation sectors.
The market was recently exposed to the uncertainties in the oil prices and is recovering from gaining momentum in the upstream oil & gas sector.
Advancements in technology are expanding the scope of the market towards the pharmaceutical and food & beverages also, which are expected to add up to the increasing global demand in the next four years.
Key Highlights
- Gaining Momentum in Upstream Oil & Gas Sector to Increase Demand for NDT
- Rising Construction Activity in the UK to Increase Demand in Europe
Topics Covered
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Insights
5. Market Dynamics
6. Global Non-destructive Testing Market Segmentation - By Type
7. Global Non-destructive Testing Market Segmentation - By Testing Technology
8. Global Non-destructive Testing Market Segmentation - By End User
9. Global Non-destructive Testing Market Segmentation - By Region
10. Competitive Intelligence
11. Investment Analysis
12. Future of the Market
Companies Profiled
- MISTRAS Group
- SGS Group
- Fujifilm Corporation
- Olympus Corporation
- Bureau Veritas S.A.
- GE Measurement and Control
- Nikon Metrology N.V.
- Intertek Group PLC
- Applus Services S.A.
- Acuren Inspection Inc.
- TEAM Inc.
- YXLON International GmbH (COMET Group)
- TV Rheinland AG
- Magnaflux Corp.
For more information about this report visit https://www.researchandmarkets.com/research/xm3vbc/global?w=4