Report Detail
Global NDT Services Market to reach USD 12.31 billion by 2026
- RnM3888062 |
- 17 February, 2020 |
- Global |
- 200 Pages |
- Bizwit Research & Consulting LLP |
- Other
Global NDT Services Market is valued approximately at USD 6.18 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 9.0% over the forecast period 2019-2026. Non-destructive testing (NDT) can be defined as a process of testing, inspecting or measuring components or materials for discontinuities, or modifications in features without extinguishing the serviceability of the part or system. Non-destructive testing (NDT) covers an extensive group of techniques utilized to assess the properties of a material, product, part, weld, or system without substantially affecting the integrity of the unit being investigated or inspected under the test procedure. Outsourcing of NDT services to third party service providers, aging infrastructure and increasing need for maintenance and availability of different NDT methods according to the requirement to ensure quality inspection, and stringent government regulations regarding public safety and product quality are the few factors responsible for high CAGR of the market over the forecast period. Moreover, increasing infrastructure development in emerging economies along with surging utilization for NDT inspection services in power generation sector is the major factor likely to create lucrative growth opportunities to the market growth in the forecasting years. However, high cost of NDT services, and lack of skilled workforce are the few factors responsible for the hindering the growth of global NDT Services market during the forecast period.
The regional analysis of global NDT Services Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the establishment of several supportive regulations by the government, mandating companies to use NDT services and wide presence of oil refineries in the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as growing infrastructural development, and rising construction of power plants is expected to drive the growth of Asia-Pacific region.
Major market player included in this report are:
GE Oil and Gas Digital Solutions
Mistras Group
TUV Rheinland
Ashtead Technology
Intertek Group PLC
Zetec Inc.
Rockwood Service Corporation
Yxlon International GmbH
Applus+
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technique:
Visual Inspection Testing
Magnetic Particle Testing
Liquid Penetrant Testing
Eddy-Current Testing
Ultrasonic Testing
Radiographic Testing
Others
By Service:
Inspection Services
Equipment Rental Services
Calibration Services
Training Services
By Vertical
Manufacturing
Oil & Gas
Aerospace
Automotive
Public Infrastructure
Power Generation
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global NDT Services Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
- 1.2.1. NDT Services Market, by Technique, 2017-2026 (USD Billion)
- 1.2.2. NDT Services Market, by Service, 2017-2026 (USD Billion)
- 1.2.3. NDT Services Market, by Vertical, 2017-2026 (USD Billion)
- 1.2.4. NDT Services Market, by Region, 2017-2026 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global NDT Services Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global NDT Services Market Dynamics
- 3.1. NDT Services Market Impact Analysis (2018-2026)
- 3.1.1. Market Drivers
- 3.1.2. Market Challenges
- 3.1.3. Market Opportunities
Chapter 4. Global NDT Services Market: Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
Chapter 5. Global NDT Services Market, by Technique
- 5.1. Market Snapshot
- 5.2. Global NDT Services Market by Technique, Performance - Potential Analysis
- 5.3. Global NDT Services Market Estimates & Forecasts by Technique 2016-2026 (USD Billion)
- 5.4. NDT Services Market, Sub Segment Analysis
- 5.4.1. Visual Inspection Testing
- 5.4.2. Magnetic Particle Testing
- 5.4.3. Liquid Penetrant Testing
- 5.4.4. Eddy-Current Testing
- 5.4.5. Ultrasonic Testing
- 5.4.6. Radiographic Testing
- 5.4.7. Others
Chapter 6. Global NDT Services Market, by Service
- 6.1. Market Snapshot
- 6.2. Global NDT Services Market by Service, Performance - Potential Analysis
- 6.3. Global NDT Services Market Estimates & Forecasts by Service, 2016-2026 (USD Billion)
- 6.4. NDT Services Market, Sub Segment Analysis
- 6.4.1. Inspection Services
- 6.4.2. Equipment Rental Services
- 6.4.3. Calibration Services
- 6.4.4. Training Services
Chapter 7. Global NDT Services Market, by Vertical
- 7.1. Market Snapshot
- 7.2. Global NDT Services Market by Vertical, Performance - Potential Analysis
- 7.3. Global NDT Services Market Estimates & Forecasts by Vertical, 2016-2026 (USD Billion)
- 7.4. NDT Services Market, Sub Segment Analysis
- 7.4.1. Manufacturing
- 7.4.2. Oil & Gas
- 7.4.3. Aerospace
- 7.4.4. Automotive
- 7.4.5. Public Infrastructure
- 7.4.6. Power Generation
- 7.4.7. Others
Chapter 8. Global NDT Services Market, Regional Analysis
- 8.1. NDT Services Market, Regional Market Snapshot
- 8.2. North America NDT Services Market
- 8.2.1. U.S. NDT Services Market
- 8.2.1.1. Technique breakdown estimates & forecasts, 2016-2026
- 8.2.1.2. Service breakdown estimates & forecasts, 2016-2026
- 8.2.1.3. Vertical breakdown estimates & forecasts, 2016-2026
- 8.2.2. Canada NDT Services Market
- 8.2.1. U.S. NDT Services Market
- 8.3. Europe NDT Services Market Snapshot
- 8.3.1. U.K. NDT Services Market
- 8.3.2. Germany NDT Services Market
- 8.3.3. Rest of Europe NDT Services Market
- 8.4. Asia-Pacific NDT Services Market Snapshot
- 8.4.1. China NDT Services Market
- 8.4.2. India NDT Services Market
- 8.4.3. Japan NDT Services Market
- 8.4.4. Rest of Asia Pacific NDT Services Market
- 8.5. Latin America NDT Services Market Snapshot
- 8.5.1. Brazil NDT Services Market
- 8.5.2. Mexico NDT Services Market
- 8.6. Rest of The World NDT Services Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. GE Oil and Gas Digital Solutions
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject To Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. Mistras Group
- 9.2.3. TUV Rheinland
- 9.2.4. Ashtead Technology
- 9.2.5. Intertek Group PLC
- 9.2.6. Zetec Inc.
- 9.2.7. Rockwood Service Corporation
- 9.2.8. Yxlon International GmbH
- 9.2.9. Applus+
- 9.2.1. GE Oil and Gas Digital Solutions
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
Summary:
Get latest Market Research Reports on NDT Services . Industry analysis & Market Report on NDT Services is a syndicated market report, published as Global NDT Services Market to reach USD 12.31 billion by 2026. It is complete Research Study and Industry Analysis of NDT Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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