Nondestructive Testing Equipment Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
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The global Nondestructive Testing Equipment market is expected to grow at a CAGR of 5.4% during the forecast period.
The global Nondestructive Testing Equipment market is estimated to be about 1816.1 million US dollars in 2020.
The global Nondestructive Testing Equipment market is estimated to reach 2240.8 million USD by 2026.
The global Nondestructive Testing Equipment market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Nondestructive Testing Equipment market will be able to gain an advantage as they use reports as a powerful resource.
Nondestructive Testing Equipment markets by category
Ultrasonic Testing
Radiography Testing
Visual Inspection Testing
Magnetic Particle Testing & Electromagnetic Testing
Eddy-Current Testing
Liquid Penetrant Testing
Others (Thermography Testing, Acoustic Emission, Terahertz Imaging, and Infrared Testing)
Nondestructive Testing Equipment Market by Application (Percentage of Demand)
Oil & Gas
Energy & power
Aerospace & Defense
Automotive & transportation
Infrastructure
Others
Who are the leading companies in Nondestructive Testing Equipment
General Electric
Olympus
Fujifilm
Eddyfi
Pfinder
Nikon
Ashtead
Sonatest
Bosello High Technology
Magnaflux
Socomore and Zetec
Yxlon
Mistras
Nondestructive Testing Equipment markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Nondestructive Testing Equipment.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Market Size Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Nondestructive Testing Equipment Revenue and Growth Forecast 2014-2026
2.2 Global Nondestructive Testing Equipment Market Size and Growth Forecast 2014-2026
2.3 Global Nondestructive Testing Equipment Revenue by Region 2014-2026
2.4 Nondestructive Testing Equipment Market Share by Major Regions 2014-2021
2.5 Nondestructive Testing Equipment Gross Margin in Different Region 2014-2021
2.6 Global Nondestructive Testing Equipment Market History Price and Forecast 2014-2026
2.7 Global Nondestructive Testing Equipment Sales Market Share by Top Companies 2014-2021
3 Global Nondestructive Testing Equipment Market by Type
3.1 Global Nondestructive Testing Equipment Revenue and Growth Rate Segment by Types from 2014-2021
3.2 Global Nondestructive Testing Equipment Market Size and Growth Rate Segment by Product Types from 2014-2021
3.3 Global Nondestructive Testing Equipment Price Segment by Types from 2014-2021
3.4 Brief Introduction of Different Types
3.4.1 Ultrasonic Testing
3.4.2 Radiography Testing
3.4.3 Visual Inspection Testing
3.4.4 Magnetic Particle Testing & Electromagnetic Testing
3.4.5 Eddy-Current Testing
3.4.6 Liquid Penetrant Testing
3.4.7 Others (Thermography Testing, Acoustic Emission, Terahertz Imaging, and Infrared Testing)
4 Global Nondestructive Testing Equipment Market by Application
4.1 Global Nondestructive Testing Equipment Revenue and Growth Rate Segment by Applications from 2014-2021
4.2 Global Nondestructive Testing Equipment Market Size and Growth Rate Segment by Product Applications from 2014-2021
4.3 Brief Introduction of Different Applications
4.3.1 Oil & Gas
4.3.2 Energy & power
4.3.3 Aerospace & Defense
4.3.4 Automotive & transportation
4.3.5 Infrastructure
4.3.6 Others
5 North America Nondestructive Testing Equipment Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Nondestructive Testing Equipment Value ($) from 2014-2021
5.2 North America Nondestructive Testing Equipment Market Size from 2014-2021
5.3 North America Nondestructive Testing Equipment Price Change from 2014-2021
5.4 North America Nondestructive Testing Equipment Import and Export from 2014-2021
5.5 North America Nondestructive Testing Equipment Market Value ($) and Growth (%) by Type from 2014-2021
5.6 North America Nondestructive Testing Equipment Market Value ($) and Growth (%) by Application from 2014-2021
5.7 North America Nondestructive Testing Equipment Market Value ($) and Growth (%) by Countries from 2014-2021
5.7.1 The United States
5.7.2 Canada
5.8 Top North America Nondestructive Testing Equipment Participants Value ($) and Market Share (%) in 2020
6 Europe Nondestructive Testing Equipment Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Nondestructive Testing Equipment Value ($) from 2014-2021
6.2 Europe Nondestructive Testing Equipment Market Size from 2014-2021
6.3 Europe Nondestructive Testing Equipment Price Change from 2014-2021
6.4 Europe Nondestructive Testing Equipment Import and Export from 2014-2021
6.5 Europe Nondestructive Testing Equipment Market Value ($) and Growth (%) by Type from 2014-2021
6.6 Europe Nondestructive Testing Equipment Market Value ($) and Growth (%) by Application from 2014-2021
6.7 Europe Nondestructive Testing Equipment Market Value ($) and Growth (%) by Countries from 2014-2021
6.7.1 Germany
6.7.2 France
6.7.3 UK
6.7.4 Italy
6.7.5 Russia
…
6.8 Top Europe Nondestructive Testing Equipment Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Nondestructive Testing Equipment Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Nondestructive Testing Equipment Value ($) from 2014-2021
7.2 Asia-Pacific Nondestructive Testing Equipment Market Size from 2014-2021
7.3 Asia-Pacific Nondestructive Testing Equipment Price Change from 2014-2021
7.4 Asia-Pacific Nondestructive Testing Equipment Import and Export from 2014-2021
7.5 Asia-Pacific Nondestructive Testing Equipment Market Value ($) and Growth (%) by Type from 2014-2021
7.6 Asia-Pacific Nondestructive Testing Equipment Market Value ($) and Growth (%) by Application from 2014-2021
7.7 Asia-Pacific Nondestructive Testing Equipment Market Value ($) and Growth (%) by Countries from 2014-2021
7.7.1 China
7.7.2 Japan
7.7.3 Korea
7.7.4 Southeast Asia
7.7.5 India
7.7.6 Australia
…
7.8 Top Asia-Pacific Nondestructive Testing Equipment Participants Value ($) and Market Share (%) in 2020
8 Latin America Nondestructive Testing Equipment Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Nondestructive Testing Equipment Value ($) from 2014-2021
8.2 Latin America Nondestructive Testing Equipment Market Size from 2014-2021
8.3 Latin America Nondestructive Testing Equipment Price Change from 2014-2021
8.4 Latin America Nondestructive Testing Equipment Import and Export from 2014-2021
8.5 Latin America Nondestructive Testing Equipment Market Value ($) and Growth (%) by Type from 2014-2021
8.6 Latin America Nondestructive Testing Equipment Market Value ($) and Growth (%) by Application from 2014-2021
8.7 Latin America Nondestructive Testing Equipment Market Value ($) and Growth (%) by Countries from 2014-2021
8.7.1 Brazil
8.7.2 Mexico
8.7.3 Argentina
8.7.4 Chile
8.7.5 Colombia
…
8.8 Top Latin America Nondestructive Testing Equipment Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Nondestructive Testing Equipment Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Nondestructive Testing Equipment Value ($) from 2014-2021
9.2 Middle East & Africa Nondestructive Testing Equipment Market Size from 2014-2021
9.3 Middle East & Africa Nondestructive Testing Equipment Price Change from 2014-2021
9.4 Middle East & Africa Nondestructive Testing Equipment Import and Export from 2014-2021
9.5 Middle East & Africa Nondestructive Testing Equipment Market Value ($) and Growth (%) by Type from 2014-2021
9.6 Middle East & Africa Nondestructive Testing Equipment Market Value ($) and Growth (%) by Application from 2014-2021
9.7 Middle East & Africa Nondestructive Testing Equipment Market Value ($) and Growth (%) by Countries from 2014-2021
9.7.1 Egypt
9.7.2 Saudi Arabia
9.7.3 United Arab Emirates
9.7.4 Nigeria
9.7.5 South Africa
…
9.8 Top Middle East & Africa Nondestructive Testing Equipment Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 General Electric
10.1.1 General Electric Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 General Electric Sales, Value, Gross and Gross Margin from 2014-2021
10.1.3 General Electric Value and Growth Change from 2014-2021
10.1.4 General Electric Price Change from 2014-2021
10.1.5 General Electric Product Offered
10.2 Olympus
10.2.1 Olympus Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Olympus Sales, Value, Gross and Gross Margin from 2014-2021
10.2.3 Olympus Value and Growth Change from 2014-2021
10.2.4 Olympus Price Change from 2014-2021
10.2.5 Olympus Product Offered
10.3 Fujifilm
10.3.1 Fujifilm Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 Fujifilm Sales, Value, Gross and Gross Margin from 2014-2021
10.3.3 Fujifilm Value and Growth Change from 2014-2021
10.3.4 Fujifilm Price Change from 2014-2021
10.3.5 Fujifilm Product Offered
10.4 Eddyfi
10.4.1 Eddyfi Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 Eddyfi Sales, Value, Gross and Gross Margin from 2014-2021
10.4.3 Eddyfi Value and Growth Change from 2014-2021
10.4.4 Eddyfi Price Change from 2014-2021
10.4.5 Eddyfi Product Offered
10.5 Pfinder
10.5.1 Pfinder Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 Pfinder Sales, Value, Gross and Gross Margin from 2014-2021
10.5.3 Pfinder Value and Growth Change from 2014-2021
10.5.4 Pfinder Price Change from 2014-2021
10.5.5 Pfinder Product Offered
10.6 Nikon
10.6.1 Nikon Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 Nikon Sales, Value, Gross and Gross Margin from 2014-2021
10.6.3 Nikon Value and Growth Change from 2014-2021
10.6.4 Nikon Price Change from 2014-2021
10.6.5 Nikon Product Offered
10.7 Ashtead
10.7.1 Ashtead Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 Ashtead Sales, Value, Gross and Gross Margin from 2014-2021
10.7.3 Ashtead Value and Growth Change from 2014-2021
10.7.4 Ashtead Price Change from 2014-2021
10.7.5 Ashtead Product Offered
10.8 Sonatest
10.8.1 Sonatest Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 Sonatest Sales, Value, Gross and Gross Margin from 2014-2021
10.8.3 Sonatest Value and Growth Change from 2014-2021
10.8.4 Sonatest Price Change from 2014-2021
10.8.5 Sonatest Product Offered
10.9 Bosello High Technology
10.9.1 Bosello High Technology Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 Bosello High Technology Sales, Value, Gross and Gross Margin from 2014-2021
10.9.3 Bosello High Technology Value and Growth Change from 2014-2021
10.9.4 Bosello High Technology Price Change from 2014-2021
10.9.5 Bosello High Technology Product Offered
10.10 Magnaflux
10.10.1 Magnaflux Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.10.2 Magnaflux Sales, Value, Gross and Gross Margin from 2014-2021
10.10.3 Magnaflux Value and Growth Change from 2014-2021
10.10.4 Magnaflux Price Change from 2014-2021
10.10.5 Magnaflux Product Offered
10.11 Socomore and Zetec
10.11.1 Socomore and Zetec Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.11.2 Socomore and Zetec Sales, Value, Gross and Gross Margin from 2014-2021
10.11.3 Socomore and Zetec Value and Growth Change from 2014-2021
10.11.4 Socomore and Zetec Price Change from 2014-2021
10.11.5 Socomore and Zetec Product Offered
10.12 Yxlon
10.12.1 Yxlon Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.12.2 Yxlon Sales, Value, Gross and Gross Margin from 2014-2021
10.12.3 Yxlon Value and Growth Change from 2014-2021
10.12.4 Yxlon Price Change from 2014-2021
10.12.5 Yxlon Product Offered
10.13 Mistras
10.13.1 Mistras Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.13.2 Mistras Sales, Value, Gross and Gross Margin from 2014-2021
10.13.3 Mistras Value and Growth Change from 2014-2021
10.13.4 Mistras Price Change from 2014-2021
10.13.5 Mistras Product Offered
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in Some Regions: North America/Europe/China/India/Japan …
11.1.2 Increasing Use of Nondestructive Testing Equipment by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
11.4 Covid-19 Impact/Evaluation
12. Future Forecast of Global Nondestructive Testing Equipment Market from 2020-2026
12.1 Future Forecast of Global Nondestructive Testing Equipment Market from 2020-2026 Segment by Regions
12.2 Future Forecast of Global Nondestructive Testing Equipment Market from 2020-2026 Segment by Type
12.3 Future Forecast of Global Nondestructive Testing Equipment Market from 2020-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Revenue Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
15 Disclaimer
Research Methodology:
Nondestructive Testing Equipment Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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