The global market for Non-Destructive Testing Instruments reached 18,900.00 USD Million in 2022 and is expected to grow at a CAGR of 8.10% during 2023-2030, reaching 32,600.00 USD Million, according to a report.
The report provides an in-depth analysis of the global Non-Destructive Testing Instruments market, including market segmentation by end-user, product type, application, region, and top brands. It also covers the market status, growth drivers, competitive landscape, challenges, distributors, market share, future trends, growth rate, sales channel, and new opportunities. The report includes the import-export status, apparent consumption, and production scenario of each region, categorized by country. The key players in the market are General Electric, Olympus Corporation, Baker Hughes, YXLON International GmbH (COMET Holding AG), OkoNDT group, Applus+ Laboratories, Mistras Group Inc., Controle Mesure Systemes SA, Fujifilm Corporation, Bureau Veritas SA, Nikon Metrology NV, Intertek Group PLC, Inspection Limited, Magnaflux Corp., Sonatest Ltd, Zetec Inc, and Bosello High Technology srl. The market is divided by type, including Radiography Testing Equipment, Ultrasonic Testing Equipment, Magnetic Particle Testing Equipment, Liquid Penetrant Testing Equipment, Visual Inspection Equipment, Eddy Current Equipment, and Other Technologies Equipment. The market is also segmented by application, including Oil and Gas, Power and Energy, Aerospace and Defense, Automotive and Transportation, Construction, and Other End-user Industries. Additionally, the report provides a detailed analysis of the sales channel, which can be divided into Direct Channel and Distribution Channel, and the regions and respective countries, including North America, Europe, Asia-Pacific, South America, the Middle East, and Africa.
The report delivers competitive landscape details, emerging trends, vital trial information, data, and statistics in terms of niche sectors available in the global Non-Destructive Testing Instruments market. The report also clarifies significant doubts associated with the global market, such as key market participants' expansion of their global presence, their focus on new product innovations and research & development activities, and the surging prices of raw materials amid the COVID-19 pandemic that affected the growth of the global Non-Destructive Testing Instruments market. The report also reveals the regional market is projected to exhibit exponential growth during the forecast period (2023-2030).
