Europe Non-destructive Testing (ndt) Market Size & Outlook
Europe non-destructive testing (ndt) market, 2018-2030 (US$M)
Related Markets
Europe non-destructive testing (ndt) market highlights
- The Europe non-destructive testing (ndt) market generated a revenue of USD 5,695.4 million in 2023.
- The market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating offering in 2023.
- Services is the most lucrative offering segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 5,695.4 million |
| Market revenue in 2030 | USD 9,121.8 million |
| Growth rate | 7% (CAGR from 2023 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 |
| Key market players worldwide | Bureau Veritas SA, MISTRAS Group Inc, Comet, MoneyMe Ltd Ordinary Shares, Titan International Inc, Nikon Corp, Olympus Corp, Intertek Group PLC, AMETEK Inc, Vitesco Technologies Group AG, SGS AG, GE Aerospace |
Other key industry trends
- In terms of revenue, Europe region accounted for 28.4% of the global non-destructive testing (ndt) market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,371.1 million by 2030.
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Non-destructive Testing (NDT) Market Scope
Non-destructive Testing (NDT) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 76.38% in 2023. Horizon Databook has segmented the Europe non-destructive testing (ndt) market based on services, equipment covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Non-destructive Testing (NDT) Offering Outlook (Revenue, USD Million, 2018-2030)
- Services
- Equipment
- Europe Non-destructive Testing (NDT) Test Methods Outlook (Revenue, USD Million, 2018-2030)
- Traditional NDT Method
- Visual Testing
- Magnetic Particle Testing
- Liquid Penetrant Testing
- Eddy Current Testing
- Ultrasonic Testing
- Radiographic Testing
- Digital/Advanced NDT Method
- Digital Radiography (DR)
- Phased Array Ultrasonic Testing (PAUT)
- Pulsed Eddy Current (PEC)
- Time-Of-Flight Diffraction (TOFD)
- Alternating Current Field Measurement (ACFM)
- Automated Ultrasonic Testing (AUT)
- Traditional NDT Method
- Europe Non-destructive Testing (NDT) Vertical Outlook (Revenue, USD Million, 2018-2030)
- Oil & Gas
- Upstream
- Midstream
- Downstream
- Manufacturing
- Aerospace and Defense
- Automotive
- Power Generation
- Others
- Oil & Gas
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Target buyers of Europe non-destructive testing (ndt) market databook
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Our clientele includes a mix of non-destructive testing (ndt) market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe non-destructive testing (ndt) market , including forecasts for subscribers. This continent databook contains high-level insights into Europe non-destructive testing (ndt) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe non-destructive testing (ndt) market size, by country, 2018-2030 (US$M)
Europe Non-destructive Testing (NDT) Market Outlook Share, 2023 & 2030 (US$M)
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