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Non-Destructive Testing (Ndt) Equipment Market

Non-Destructive Testing (Ndt) Equipment Market

Non-Destructive Testing (Ndt) Equipment Market Global Industry Assessment & Forecast

# Pages:

155

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0290

Segments Covered
  • By Type Portable, Stationary
  • By Application Oil and Gas, Aerospace and Defense, Automotive
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 2,058.7 Million
Revenue 2028Revenue 2028: 3,042.3 Million
Revenue CAGRRevenue CAGR (2021 - 2028): 7.23
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

Type Analysis: Preview

On the basis of Type, the market is segmented into Portable, Stationary. On Premices held the highest share in the global Non-Destructive Testing (Ndt) Equipment market and is projected to witness the same trend during the forecast period. Companies in this sector are opting to advanced technologies in their supply chain to cater the end user requirements effectively.

Application Analysis: Preview

Based on Application, the market is segmented into Oil and Gas, Aerospace and Defense, Automotive. Chemicals accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Non-Destructive Testing (Ndt) Equipment Market: Type Segment Analysis

    • Portable
    • Stationary

Global Non-Destructive Testing (Ndt) Equipment Market: Application Segment Analysis

    • Oil and Gas
    • Aerospace and Defense
    • Automotive
FAQ
Frequently Asked Question
  • The global Non-Destructive Testing (Ndt) Equipment valued at 2,058.7 Million in 2020 and is expected to reach 3,042.3 Million in 2028 growing at a CAGR of 7.23%.

  • The prominent players in the market are Fujifilm, Rigaku, Dandong NDT Equipment, Spellman, Shenzhen Zoan, Comet, QSA Global, Shimadzu, SEC, Teledyne Dalsa, DanDong HuaRI Science Electric, Vidisco, Marietta..

  • The market is project to grow at a CAGR of 7.23% between 2021 and 2028.

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

    • The increasing stringent government regulations regarding public safety and rising stringent quality control demand is anticipated to augment the growth of the non-destructive testing (Ndt) equipment market during the forecast period.
    • The increasing demand of non-destructive testing across the globe from aerospace and defense industry is expected to support the growth of the non-destructive testing (Ndt) equipment market over the forecast period.

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