World NDT Inspection Services Market 2020 with Profiles of Key Players General Electric, Mistras Group, Olympus Corporation and Ashtead Technology

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Dublin, Aug. 24, 2020 (GLOBE NEWSWIRE) -- The "NDT Inspection Services - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global NDT Inspection Services market accounted for $7.43 billion in 2018 and is expected to reach $16.41 billion by 2027 growing at a CAGR of 9.2% during the forecast period. High adoption of IoT devices, and a rising need to assess health of aging assets are the major factors propelling market growth. However, factors such as a dearth of skilled and qualified personnel for inspection services and high costs of automated NDT equipment are hampering the market growth.

Based on the technique, the ultrasonic testing (UT) segment is going to have a lucrative growth during the forecast period owing to its ability to accurately identify defects and determine their severity. Some advanced techniques such as ultrasonic immersion testing and guided-wave ultrasonic testing can be used for critical applications in the oil & gas and aerospace industries, among many others.

By geography, North America is going to experience lucrative growth during the forecast period, increasing implementation of NDT techniques across numerous end-use sectors. The availability of a skilled workforce and the presence of numerous NDT training institutes in the region is affecting the market share. Power generation using shale oil in the U.S. and Canada is also likely to positively impact the growth of the regional market.

Some key players profiled in the report include the General Electric, Mistras Group, Olympus Corporation, Ashtead Technology., Nikon Metrology, Magnaflux Corporation, Zetec Inc., Eddyfi, YXLON International GmbH, Sonatest Ltd, Acuren Inspection Inc, and Cygnus Instruments Ltd.

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global NDT Inspection Services Market, By Technique
5.1 Introduction
5.2 Ultrasonic Testing (UT)
5.2.1 Straight Beam Testing
5.2.2 Angle Beam Testing
5.2.3 Immersion Testing
5.2.4 Guided Wave Testing
5.2.5 Phased Array Testing
5.2.6 Time-Of-Flight Diffraction (TOFD)
5.3 Visual Inspection Testing (VT)
5.3.1 General Visual Inspection
5.3.2 Aided Visual Inspection
5.3.2.1 Borescope
5.3.2.2 Endoscope
5.3.2.3 Videoscope
5.4 Magnetic Particle Testing (MPT)
5.5 Liquid Penetrant Testing (LPT)
5.6 Eddy-Current Testing (ECT)
5.6.1 Alternating Current Field Measurement (ACFM)
5.6.2 Remote-Field Testing (Rft)
5.6.3 Eddy-Current Array (ECA)
5.7 Radiographic Testing (RT)
5.7.1 X-Ray Testing
5.7.2 Gamma-Ray Testing
5.7.3 Computed Radiography
5.7.4 Film Radiography
5.7.5 Direct Radiography (Real-Time)
5.8 Acoustic Emission Testing (AET)
5.9 Terahertz Imaging
5.10 Near-Infrared Spectroscopy

6 Global NDT Inspection Services Market, By Service
6.1 Introduction
6.2 Inspection Services
6.3 Equipment Rental Services
6.4 Calibration Services
6.5 Training Services

7 Global NDT Inspection Services Market, By Method
7.1 Introduction
7.2 Visual Inspection
7.3 Surface Inspection
7.4 Volumetric Inspection

8 Global NDT Inspection Services Market, By End User
8.1 Introduction
8.2 Oil & Gas
8.3 Aerospace
8.4 Public Infrastructure
8.5 Automotive
8.6 Power Generation
8.7 Marine
8.8 Medical and Health
8.9 Plastics & Polymers

9 Global NDT Inspection Services Market, By Geography
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa

10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies

11 Company Profiling
11.1 General Electric
11.2 Mistras Group
11.3 Olympus Corporation
11.4 Ashtead Technology.
11.5 Nikon Metrology
11.6 Magnaflux Corporation
11.7 Zetec Inc.
11.8 Eddyfi
11.9 YXLON International GmbH
11.10 Sonatest Ltd
11.11 Acuren Inspection Inc
11.12 Cygnus Instruments Ltd


For more information about this report visit https://www.researchandmarkets.com/r/sqf6mm

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