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Non-Destructive Testing (NDT) Market Size

  • Report ID: GMI3201
  • Published Date: Mar 2023
  • Report Format: PDF

Non-Destructive Testing Market Size

Non-Destructive Testing (NDT) Market size valued at USD 10 billion in 2022 and is set to expand at 10% CAGR from 2023 to 2032, driven by the escalating demand from industries dealing with aging infrastructure.

 

In the civil and construction sectors, NDT methods have emerged as an essential assessment tool for quality control of new constructions, in situ material characterization, evaluation of existing structures, and quality assurance of repair work. The exorbitant cost and difficulty of developing new infrastructure have resulted in increasing aging of current infrastructure, which has prompted businesses to seek methods for extending the lifespan of current assets. Moreover, it has become a global priority to assess the state of civil structures to address issues associated with the durability of the structures and to support decisions for maintenance, and retrofit of existing civil structures, thereby propelling the demand for NDT.

 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of non-destructive testing (NDT) was worth more than USD 10 billion in 2022 and is projected to record growth at over 10% CAGR through 2032, propelled by the rising demand from industries dealing with aging infrastructure.

The eddy current testing technology segment was worth more than USD 1 billion in 2022 and is expected to grow significantly till 2032, driven by the growing adoption rate owing to its faster scanning speed and convenience of usage.

The Asia Pacific industry is poised to witness exponential growth at more than 10% CAGR from 2023 to 2032, owing to stringent safety regulations and widespread industrial standardization.s

Zetec Inc., TEAM Industrial Services, Bureau Veritas, Olympus Corporation, and TUV Rheinland, among others are some of the top players in the market.

Non-Destructive Testing Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 460
  • Countries covered: 19
  • Pages: 300
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