Non-Destructive Testing (Ndt) Equipment Market
Non-Destructive Testing (Ndt) Equipment Market Global Industry Assessment & Forecast
Segments Covered
- By Type Portable, Stationary
- By Application Oil and Gas, Aerospace and Defense, Automotive
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 2,058.7 Million |
Revenue 2028: | 3,042.3 Million |
Revenue CAGR (2021 - 2028): | 7.23 |
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
What is the global demand for Non-Destructive Testing (Ndt) Equipment in terms of revenue?
-
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%.
Which are the prominent players in the market?
-
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..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.23% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
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.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Non-Destructive Testing (Ndt) Equipment in 2020.