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Global Non-destructive Testing Equipment Market Size, Share: By Method: Visual Inspection, Surface Inspection, Volumetric Inspection; By Technology: Magnetic Particle Testing Equipment, Liquid Penetrant Testing Equipment, Radiography Testing Equipment, Others; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
Global Non-Destructive Testing Equipment Market Outlook
The global non-destructive testing equipment market size reached approximately USD 3.45 billion in 2023. The market is further projected to grow at a CAGR of 6.5% between 2024 and 2032, reaching a value of USD 6.07 billion by 2032.
Key Trends in the Market
Non-destructive testing equipment refers to devices that are used for inspecting, detecting, and measuring bond integrity and flaws of products without destroying or altering their physical properties. Non-destructive testing is done for quality control purposes and for assessing the durability, strength, and susceptibility of the concrete structures to deterioration.
- The increasing investments by various governments towards the restoration and reconstruction of aging infrastructure is aiding the non-destructive testing equipment market growth. The utilisation of ultrasonic testing aids in detection of concrete defects and allows the restoration of the durability and strength of the structure.
- The expansion of the automotive sector is providing lucrative growth opportunities to the market as the testing aids the manufacturers in meeting the high-quality demands and ensuring product consistency. Non-destructive testing also supports the detection of cracks and flaws in materials, improper assembly, and hardness variation, among others.
- The rising incidences of blast and leakage in the oil and gas sector have resulted in the enforcement of stringent rules and regulations with regards to personnel safety and infrastructure. These enforcements are bolstering the requirement for non-destructive testing equipment.
Global Non-Destructive Testing Equipment Market Analysis
On the basis of method, the market is divided into visual inspection, surface inspection, and volumetric inspection. Based on technology, the market is categorised into magnetic particle testing equipment, liquid penetrant testing equipment, radiography testing equipment, ultrasonic testing equipment, visual inspection equipment, and eddy current equipment, among others.
On the basis of end use, the market is classified into oil and gas, power and energy, aerospace and defence, automotive and transportation, and construction, among others. Based on region, the non-destructive testing equipment market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Baker Hughes Company (Waygate Technologies)
- Mistras Group, Inc.
- Previan Technologies, Inc. (Eddyfi Technologies)
- FUJIFILM Corporation
- Comet AG
- Sonatest Ltd.
- Zetec, Inc.
- Magnaflux
- Vidisco Ltd.
- Others
Market Share by Technology
Ultrasonic testing equipment is expected to account for a significant non-destructive testing equipment market share. The ultrasonic technique aids in the location of defects in the metallic components while identifying localised impairments in the structures. The testing also detects impurities and cracks among other durability and quality degrading elements. The various ultrasonic testing technique such as time of flight diffraction, phased array, and immersion testing are widely used in aerospace, manufacturing, and automotive sectors, bolstering the demand for ultrasonic testing equipment.
Market Share by Region
The Asia Pacific is anticipated to witness significant growth over the forecast period. This growth can be attributed to the increased acceptance of non-destructive testing procedures, presence of various training centres, and availability of skilled workforce in the region. The expansion of the manufacturing, oil and gas, and construction sectors is further boosting the non-destructive testing equipment market demand. The rising requirement for increased pipeline transportation capacity due to growing production of crude oil is bolstering the investment towards the development of oil and gas infrastructure, propelling the demand for non-destructive testing equipment.
Competitive Landscape
Mistras Group, Inc., headquartered in New Jersey, United States, is one of the leading providers of technology enabled asset protection solutions that are used for evaluating the structural integrity of public, energy, and industrial infrastructure. The company was founded in 1978 and offers non-destructive and mechanical integrity testing services.
FUJIFILM Corporation, headquartered in Tokyo, Japan, is involved in the creation of innovative products and solutions to enhance environment sustainability. The company operates in the realm of biotechnology, medical electronics, and chemical, among others.
Comet AG is involved in the building of modules and components including vacuum capacitors, RF generators, and x-ray sources for automotive, solar, semiconductor, and aerospace manufacturers, among others. The company was founded in 1948 and is headquartered in Freiburg, Germany.
Other non-destructive testing equipment market players include Baker Hughes Company (Waygate Technologies), Previan Technologies, Inc. (Eddyfi Technologies), Sonatest Ltd., Zetec, Inc., Magnaflux, and Vidisco Ltd., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Method |
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| Breakup by Technology |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Non-Destructive Testing Equipment Market Analysis
8.1 Key Industry Highlights
8.2 Global Non-Destructive Testing Equipment Historical Market (2018-2023)
8.3 Global Non-Destructive Testing Equipment Market Forecast (2024-2032)
8.4 Global Non-Destructive Testing Equipment Market by Method
8.4.1 Visual Inspection
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Surface Inspection
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Volumetric Inspection
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Non-Destructive Testing Equipment Market by Technology
8.5.1 Magnetic Particle Testing Equipment
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Liquid Penetrant Testing Equipment
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Radiography Testing Equipment
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Ultrasonic Testing Equipment
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Visual Inspection Equipment
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Eddy Current Equipment
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Others
8.6 Global Non-Destructive Testing Equipment Market by End Use
8.6.1 Oil and Gas
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Power and Energy
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Aerospace and Defense
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Automotive and Transportation
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Construction
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Non-Destructive Testing Equipment Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Non-Destructive Testing Equipment Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Non-Destructive Testing Equipment Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Non-Destructive Testing Equipment Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Non-Destructive Testing Equipment Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Non-Destructive Testing Equipment Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Baker Hughes Company (Waygate Technologies)
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Mistras Group, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.2.5 Certifications
15.2.3 Previan Technologies, Inc. (Eddyfi Technologies)
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 FUJIFILM Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Comet AG
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Sonatest Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Zetec, Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Magnaflux
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Vidisco Ltd.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Non-Destructive Testing Equipment Market: Key Industry Highlights, 2018 and 2032
2. Global Non-Destructive Testing Equipment Historical Market: Breakup by Method (USD Billion), 2018-2023
3. Global Non-Destructive Testing Equipment Market Forecast: Breakup by Method (USD Billion), 2024-2032
4. Global Non-Destructive Testing Equipment Historical Market: Breakup by Technology (USD Billion), 2018-2023
5. Global Non-Destructive Testing Equipment Market Forecast: Breakup by Technology (USD Billion), 2024-2032
6. Global Non-Destructive Testing Equipment Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Global Non-Destructive Testing Equipment Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Global Non-Destructive Testing Equipment Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Non-Destructive Testing Equipment Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Non-Destructive Testing Equipment Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Non-Destructive Testing Equipment Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Non-Destructive Testing Equipment Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Non-Destructive Testing Equipment Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Non-Destructive Testing Equipment Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Non-Destructive Testing Equipment Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Non-Destructive Testing Equipment Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Non-Destructive Testing Equipment Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Non-Destructive Testing Equipment Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Non-Destructive Testing Equipment Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Non-Destructive Testing Equipment Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 3.45 billion in 2023.
The market is projected to grow at a CAGR of 6.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 6.07 billion by 2032.
The major market drivers include increasing investments towards the restoration and reconstruction of aging infrastructure and growing strictness of safety regulations in various sectors.
The key trends fuelling the growth of the market include expansion of the automotive sector and increasing requirements by the oil and gas sector.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses of non-destructive testing equipment include oil and gas, power and energy, aerospace and defence, automotive and transportation, and construction, among others.
The key players in the market are Baker Hughes Company (Waygate Technologies), Mistras Group, Inc., Previan Technologies, Inc. (Eddyfi Technologies), FUJIFILM Corporation, Comet AG, Sonatest Ltd., Zetec, Inc., Magnaflux, and Vidisco Ltd., among others.
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