Request Sample Inquiry
Non-Destructive Testing Equipment Market

Non-Destructive Testing Equipment Market

Non-Destructive Testing Equipment Market Global Industry Assessment & Forecast

# Pages:

160

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0294

Segments Covered
  • By Type X-Ray, Ultrasonic, Magnetic particle, Penetrant flaw detection, Eddy current test, Other
  • By Application Oil and gas, Automotive, Aerospace, Other
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 2,058 Million
Revenue 2028Revenue 2028: 3,042.30
Revenue CAGRRevenue CAGR (2021 - 2028): 7.2
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

The report delivers an acute breakdown of the market based on various segments such as Type, Application, and region. The report will cover market estimations and forecast for each segment by region for the years 20156–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.

On the basis of Type, the market is divided into X-Ray, Ultrasonic, Magnetic particle, Penetrant flaw detection, Eddy current test, Other. Lorry Tank held the largest share in 2020 and is projected to witness substantial growth during the forecast period.

Based on Application, the market is divided into Oil and gas, Automotive, Aerospace, Other. Energy & Mining attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.

Global Non-Destructive Testing Equipment Market: Type Segment Analysis

    • X-Ray
    • Ultrasonic
    • Magnetic particle
    • Penetrant flaw detection
    • Eddy current test
    • Other

Global Non-Destructive Testing Equipment Market: Application Segment Analysis

    • Oil and gas
    • Automotive
    • Aerospace
    • Other
FAQ
Frequently Asked Question
  • The global Non-Destructive Testing Equipment valued at 2,058 Million in 2020 and is expected to reach 3,042.30 in 2028 growing at a CAGR of 7.2%.

  • The prominent players in the market are Aolong, Zetec, Magnaflux, Hongxu, Mistras, Olympus Corporation, Union, Proceq, Runqi, IDEA, Siui, Karl deutsch, Nikon Metrology NV, YXLON, Sonatest, Quanrui, GE Measurement & Control, Huari, Zhongke Innovation, Dndt..

  • The market is project to grow at a CAGR of 7.2% between 2021 and 2028.

  • The driving factors of the Non-Destructive Testing Equipment include

    • The rise in environmental and population safety considerations causes high-quality models in the products, this tendency in the products is increasing the demand for Non-Destructive Testing Equipment Market.
    • Increasing emphasis on energy efficiency, energy recovery, and reduction of CO2 emissions is driving the Non-Destructive Testing Equipment Market.

  • Asia Pacific was the leading regional segment of the Non-Destructive Testing Equipment in 2020.