Non-Destructive Testing Equipment Market
Non-Destructive Testing Equipment Market Global Industry Assessment & Forecast
#
Pages:
160
2021
Nov - 2021
VMR-2021-0294
Segments Covered
By
Type X-Ray, Ultrasonic, Magnetic particle, Penetrant flaw detection, Eddy current test, Other
-
By
Application Oil and gas, Automotive, Aerospace, Other
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
2,058 Million |
 Revenue 2028:
|
3,042.30 |
 Revenue CAGR
(2021 - 2028): |
7.2 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Type, Application, and region. The report will cover market estimations and forecast for each segment by region for the years 20156–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Type, the market is divided into X-Ray, Ultrasonic, Magnetic particle, Penetrant flaw detection, Eddy current test, Other. Lorry Tank held the largest share in 2020 and is projected to witness substantial growth during the forecast period.
Based
on Application, the market is divided into Oil and gas, Automotive, Aerospace, Other. Energy & Mining
attributed to the highest market share and is expected to grow at a significant
CAGR from 2021 to 2028.
Global Non-Destructive Testing Equipment Market: Type Segment Analysis
-
- X-Ray
- Ultrasonic
- Magnetic particle
- Penetrant flaw detection
- Eddy current test
- Other
Global Non-Destructive Testing Equipment Market: Application Segment Analysis
-
- Oil and gas
- Automotive
- Aerospace
- Other
FAQ
Frequently Asked Question
What is the global demand for Non-Destructive Testing Equipment in terms of revenue?
-
The global Non-Destructive Testing Equipment valued at 2,058 Million in 2020 and is expected to reach 3,042.30 in 2028 growing at a CAGR of 7.2%.
Which are the prominent players in the market?
-
The prominent players in the market are Aolong, Zetec, Magnaflux, Hongxu, Mistras, Olympus Corporation, Union, Proceq, Runqi, IDEA, Siui, Karl deutsch, Nikon Metrology NV, YXLON, Sonatest, Quanrui, GE Measurement & Control, Huari, Zhongke Innovation, Dndt..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.2% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Non-Destructive Testing Equipment include
- The rise in environmental and population safety considerations causes high-quality models in the products, this tendency in the products is increasing the demand for Non-Destructive Testing Equipment Market.
- Increasing emphasis on energy efficiency, energy recovery, and reduction of CO2 emissions is driving the Non-Destructive Testing Equipment Market.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Non-Destructive Testing Equipment in 2020.
