Global Non-destructive Testing (ndt) Market Size & Outlook
Global non-destructive testing (ndt) market, 2018-2030 (US$M)
Related Markets
Global non-destructive testing (ndt) market highlights
- The global non-destructive testing (ndt) market generated a revenue of USD 20,019.5 million in 2023 and is expected to reach USD 34,148.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.9% by 2030.
- In terms of segment, services accounted for a revenue of USD 15,237.2 million in 2023.
- Services is the most lucrative offering segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 20,019.5 million |
| Market revenue in 2030 | USD 34,148.1 million |
| Growth rate | 7.9% (CAGR from 2024 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, Equipment |
Other key industry trends
- In terms of revenue, the North America accounted for 36.2% of the global non-destructive testing (ndt) market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 3,041.4 million by 2030.
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Non-destructive Testing (NDT) Market Scope
Non-destructive Testing (NDT) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vitesco Technologies Group AG | View profile | 35370 | Siemensstrase 12, Regensburg, BY, Germany, 93055 | https://www.vitesco-technologies.com |
| MoneyMe Ltd Ordinary Shares | View profile | - | 131 Macquarie Street, Level 3, Sydney, NSW, Australia, 2000 | https://www.moneyme.com.au |
| MISTRAS Group Inc | View profile | 4800 | 195 Clarksville Road, Princeton Junction, NJ, United States, 08550 | https://www.mistrasgroup.com |
| AMETEK Inc | View profile | 21500 | 1100 Cassatt Road, Berwyn, PA, United States, 19312-1177 | https://www.ametek.com |
| Bureau Veritas SA | View profile | 81511 | 40/52 Boulevard du Parc, Immeuble Newtime, Neuilly-sur-Seine, France, 92200 | https://group.bureauveritas.com |
| Intertek Group PLC | View profile | 44000 | 33 Cavendish Square, London, United Kingdom, W1G 0PS | https://www.intertek.com |
| SGS AG | View profile | 103193 | 1 Place des Alpes, P.O. Box 2152, Geneva, Switzerland, CH-1211 | https://www.sgs.com |
| Titan International Inc | View profile | 6900 | 1525 Kautz Road, Suite 600, West Chicago, IL, United States, 60185 | https://www.titan-intl.com |
| Comet | View profile | 51-100 | New York, New York, United States, North America | http://www.comet.com |
| Nikon Corp | View profile | 19444 | Konan 2-15-3 Shinagawa Intercity Building C, Minato-ku, Tokyo, Japan, 108-6290 | http://www.nikon.co.jp |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| Olympus Corp | View profile | 33629 | Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 163-0914 | http://www.olympus.co.jp |
Global non-destructive testing (ndt) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to non-destructive testing (ndt) market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 76.11% in 2023. Horizon Databook has segmented the Global non-destructive testing (ndt) market based on services, equipment covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Non-destructive Testing (NDT) Offering Outlook (Revenue, USD Million, 2018-2030)
- Equipment
- Services
- Global Non-destructive Testing (NDT) Test Methods Outlook (Revenue, USD Million, 2018-2030)
- Digital/Advanced NDT Method
- Time-Of-Flight Diffraction (TOFD)
- Phased Array Ultrasonic Testing (PAUT)
- Digital Radiography (DR)
- Alternating Current Field Measurement (ACFM)
- Pulsed Eddy Current (PEC)
- Automated Ultrasonic Testing (AUT)
- Traditional NDT Method
- Magnetic Particle Testing
- Radiographic Testing
- Visual Testing
- Liquid Penetrant Testing
- Ultrasonic Testing
- Eddy Current Testing
- Digital/Advanced NDT Method
- Global Non-destructive Testing (NDT) Vertical Outlook (Revenue, USD Million, 2018-2030)
- Oil & Gas
- Downstream
- Upstream
- Midstream
- Aerospace and Defense
- Power Generation
- Others
- Manufacturing
- Automotive
- Oil & Gas
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Target buyers of Global non-destructive testing (ndt) market databook
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Horizon Databook provides a detailed overview of global-level data and insights on the Global non-destructive testing (ndt) market , including forecasts for subscribers. This global databook contains high-level insights into Global non-destructive testing (ndt) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global non-destructive testing (ndt) market size, by regions, 2018-2030 (US$M)
Top 10 countries: Non-destructive testing (ndt) market size, 2023 (US$M)
Global non-destructive testing (ndt) market share, by offering, 2023 & 2030 (%, US$M)
Non-destructive testing (ndt) market: Opportunity assessment by country
Global non-destructive testing (ndt) market, by region, 2023 (US$M)
Related statistics
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