Non-Destructive Testing Services Market 2018 Key Players by: MISTRAS, Olympus, GE Inspection, Intertek, SGS S.A, Nikon, Ashtead by Forecast to 2023

Market Scenario:

The non-destructive testing services market is growing, with a quick pace. Non-Destructive Testing Services Market are gaining popularity due to the need for ensuring the prevention of accidents and promoting safety for workers during overhauling and maintenance. The rise in demand for improving quality and longevity of the machines is one major factor driving the growth of non-destructive testing services market. Also, increase in the use of renewable energy resources is another major factor responsible for driving the growth of non-destructive testing services market.

MISTRAS Group, Inc., Olympus Corporation, GE Inspection Technologies, Intertek Group PLC, SGS S.A., Olympus Corporation, and Nikon Metrology are a few major players in the global non-destructive testing services market. Increasing emergence of industrial internet of things is one major factor responsible for driving the growth of non-destructive testing services market. Also, stringent government regulations formulated by the government is another major factor, driving the growth of non-destructive testing services market.

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The technique segment in the non-destructive testing services market comprises of ultrasonic testing services, radiography testing services, liquid penetrant testing services, magnetic particle testing services, eddy-current testing services, and visual inspection services. The ultrasonic testing services sub-segment of the global non-destructive testing services market is expected to hold the largest market share during the forecast period. This is owing to the increasing demand for testing method from manufacturing, power generation, aerospace & defense, automotive, and transportation industries.

North America region holds the largest share of the market across the globe, followed by Europe, and Asia Pacific region. U.S. and Canada are dominating the North America market due to rising technological enhancements and growing adoption of industrial internet of things in the region. Moreover, the region has a well-established infrastructure, which allows faster implementation of advanced technologies. Additionally, the growing demand to ensure safety and efficiency in the production process is another major factor driving the growth of non-destructive testing services market in the region.

The global non-destructive testing services market is expected to grow at a CAGR of approximately 8% during the forecast period 2017-2023.

Key Players:

• MISTRAS Group, Inc. (U.S.),
• Olympus Corporation (Japan),
• GE Inspection Technologies (U.S.),
• Intertek Group PLC (U.K.),
• SGS S.A. (Switzerland),
• Olympus Corporation (Japan),
• Nikon Metrology, Inc. (U.S.),
• Ashtead Technology, Inc. (U.S.),
• Sonatest Ltd. (U.K),
• Bosello High Technology S.R.L. (Italy),
• Fujifilm Holdings Corporation (Japan).

Segments:

The global non-destructive testing services market is segmented by type, technique, application and vertical. By product, the market is segmented into traditional non-destructive testing services and advanced non-destructive testing services. By type, the market is segmented into ultrasonic testing services, radiography testing services, liquid penetrant testing services, magnetic particle testing services, eddy-current testing services, and visual inspection services. By application, the market is segmented into flaw detection, leak detection, dimensional measurement, and estimation of physical properties, chemical composition determination, and stress & structure analysis. Whereas, based on vertical, the market is segmented into aerospace & defense, automotive, oil & gas, infrastructure, and power.

Regional Analysis:

The global non-destructive testing services market is studied in Asia Pacific, North America, Europe, and Rest of the World. It has been observed that North America is estimated to account for the largest market share, whereas Asia Pacific is projected to grow at the fastest rate during the forecast period. The growth of North America market is attributed to technological advancements and the increased adoption of non-destructive testing service applications across industry verticals.

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Intended Audience:

• Technology Investors
• Research/Consultancy firms
• Government Bodies
• Service Providers
• Information Technology (IT) developers
• Consulting service providers
• Technology Providers
• System integrators

TABLE OF CONTENTS

1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continues...

LIST OF TABLES
Table 1 Global Non-Destructive Testing Services Market: By Region, 2017-2023
Table 2 North America Non-Destructive Testing Services Market: By Country, 2017-2023
Table 3 Europe Non-Destructive Testing Services Market: By Country, 2017-2023
Table 4 Asia Pacific Non-Destructive Testing Services Market: By Country, 2017-2023
Table 5 Middle East & Africa Non-Destructive Testing Services Market: By Country, 2017-2023
Continues...

LIST OF FIGURES
FIGURE 1 Global Non-Destructive Testing Services Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Non-Destructive Testing Services Market
FIGURE 4 Value Chain Of Global Non-Destructive Testing Services Market
FIGURE 5 Share Of Global Non-Destructive Testing Services Market In 2017, By Country (In %)
Continues...

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