Global Non-Destructive Testing Equipment Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application

Non-destructive testing equipment is a wide group of equipment used in science and industry to evaluate the properties of a material, component or system without causing damage. Common NDT methods include ultrasonic, magnetic-particle, liquid penetrant, radiographic, remote visual inspection, eddy-current testing, and low coherence interferometry.
Non-Destructive Testing Equipment is a huge market, and the total sum of the industry is more than 1.8 Billion US dollars in 2014. Moreover, this industry continuously increases, with the development of global economy.

The United States is the largest market of Non-Destructive Testing Equipment, which occupies average 31.42 percent of global Non-Destructive Testing Equipment procedures per year. It is followed by Europe and China, which respectively have around 50 percent of the global total industry. Other main regions which take important part in this industry include Japan and some Industrial countries.

According to the research, the most potential market in the main countries of Non-Destructive Testing Equipment industry is China, determined by its rapid growth of economy. Besides, Southeast Asia, Japan and India should also be focused by the investors. They are the potential consumers of Non-Destructive Testing Equipment. India is also a rapidly developing economy.

The market of the Non-Destructive Testing Equipment is growing fast due to people’s more concentration on safety. Although the market scale is still limited at present, but the potential is considerable.

The Non-Destructive Testing Equipment market is consolidated in nature. Various players are adopting competitive strategies such as collaborations, acquisitions and capitalizing untapped opportunities in the emerging economies of India and China, to sustain and gain market penetrartion across the globe. Some key players of this market include GE Measurement & Control, Olympus Corporation, Magnaflux, YXLON, Nikon Metrology NV, Zetec, Mistras, karl deutsch, Proceq, Sonatest, Union, Dndt, Huari, Aolong, Zhongke Innovation, Quanrui, Hongxu, Siui, IDEA, Runqi.

Market Analysis and Insights: Global Non-Destructive Testing Equipment Market
The global Non-Destructive Testing Equipment market size is projected to reach US$ 2741.8 million by 2026, from US$ 2022.8 million in 2020, at a CAGR of 5.2% during 2021-2026.
Global Non-Destructive Testing Equipment Scope and Segment
The global Non-Destructive Testing Equipment market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Non-Destructive Testing Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Segment by Type, the Non-Destructive Testing Equipment market is segmented into
X-Ray
ultrasonic
magnetic particle
Penetrant flaw detection
eddy current test
other

Segment by Application, the Non-Destructive Testing Equipment market is segmented into
Electricity
Oil and gas
Automotive
Aerospace
Other

Non-Destructive Testing Equipment market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Non-Destructive Testing Equipment business, the date to enter into the Non-Destructive Testing Equipment market, Non-Destructive Testing Equipment product introduction, recent developments, etc.
The major vendors covered:
GE Measurement & Control
Olympus Corporation
Magnaflux
YXLON
Nikon Metrology NV
Zetec
Mistras
karl deutsch
Proceq
Sonatest
Union
Dndt
Huari
Aolong
Zhongke Innovation
Quanrui
Hongxu
Siui
IDEA
Runqi

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Non-Destructive Testing Equipment markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Non-Destructive Testing Equipment market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.