Latest News:- Non-Destructive Testing And Inspection Market: Traditional methods is expected to lead the Method segment during 2024-2028

Non-Destructive Testing And Inspection Market to grow at a CAGR of 7.1% during 2024-2028

The Non-Destructive Testing And Inspection Market is expected to grow at a CAGR of 7.1% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 5956.4 million. The non-destructive testing and inspection market is experiencing a notable trend towards the adoption of advanced technologies to enhance precision, efficiency, and reliability in quality control processes. In the competitive automotive industry, for instance, Volkswagen Group has implemented das-Nano technology for measuring car body coating thickness, addressing the limitations of traditional methods. The Irys system, which uses terahertz waves and proprietary algorithms, offers a non-contact, non-destructive solution for measuring coating layer thickness with exceptional accuracy. This technological shift is a significant development in the non-destructive testing and inspection market. 

Get more information on Non-Destructive Testing And Inspection Market by requesting a sample report

The Traditional methods subsegment is expected to dominate the Method segment during the forecast period 

Technavio analysts predict that the Traditional methods subsegment will lead the Method segment during 2024 and 2028 The Non-Destructive Testing and Inspection (NDT&I) market encompasses innovative technologies that ensure the integrity and reliability of infrastructure and industrial assets without causing damage. These solutions enhance operational efficiency, reduce downtime, and mitigate safety risks. Key offerings include ultrasonic testing, radiography, magnetic particle inspection, and eddy current testing. Market growth is driven by increasing regulatory compliance, expanding infrastructure development, and the need for predictive maintenance strategies.

Here are the various ways based on which the market is segmented: 

• Method
  • Traditional methods
  • Advanced methods
• Industry Application
  • Oil and gas
  • Manufacturing
  • Power generation
  • Construction
  • Others
• Geography
  • North America
  • APAC
  • Europe
  • Middle East and Africa
  • South America

Reasons to Purchase the Global Non-Destructive Testing And Inspection Market Market Research Report by Technavio. What is in it for you?

• Wealth of Experience: Technavio is an established name in the world of market research. It holds an expertise of more than 20 years in the field, has published 21,000+ reports thereby extensively covering the area in various industries and range of regions
• Insight into Current Market Trends: Our research reports provide our readers insights into the latest market intelligence, competitor strategies, market trends, changes taking place in the industry and customer preferences, forecasted market opportunities that influence them to make better business decisions
• High ROI with Extensive Hands-on Research: Technavio is renowned for offering personalized market research reports as per unique business needs, delving deep into specific markets, product segments and demographics. Additionally, it is also well-known for providing high return on investments through its wide collection of data at pocket-friendly rates

There are several factors that are causing the market to flourish increasing non-destructive testing and inspection training initiatives

Learn which are the obstacles that the market is experiencing in the way of its growth by accessing the free PDF report

Research Analysis Overview

Non-Destructive Testing (NDT) is a critical process used in various industries, including Defense and Aerospace, Power Generation, Construction, Oil and Gas, and Aerospace, to ensure material integrity and detect faults without damaging the tested components. NDT techniques, such as Radiographic Testing (RT), Ultrasonic Testing (UT), Eddy-Current Testing (ECT), and Visual Testing (VT), are essential for safety detection and quality control in these sectors. In the Defense industry and Aerospace sector, NDT plays a crucial role in detecting internal defects and ensuring structural integrity. Industrial CT scanners are advanced NDT processes used to inspect complex geometries and detect subsurface defects. Radiographic testing and Ultrasonic testing are widely used for fault detection in Power Generation and Oil and Gas industries. Ultrasonic equipment is particularly useful for detecting subsurface defects in pipes and tanks. In Construction, NDT is used for safety detection, ensuring the quality of concrete, steel, and other materials. NDT methodologies are also used in the Aerospace industry for inspecting wings, fuselages, and other critical components. NDT techniques are essential for detecting both surface and subsurface defects, ensuring the safety and reliability of components and structures in various industries. NDT is an indispensable tool for maintaining quality control and ensuring the structural integrity of critical infrastructure.

Market Research Overview

The global diversified support services market encompasses businesses offering labor-intensive services to corporations and governments. This sector comprises companies providing commercial cleaning, dining and catering, equipment repair, industrial maintenance, auctioneering, storage and warehousing, transaction services, uniform rental, and other business support solutions. According to Technavio's market analysis, the commercial services and supplies industry's size is determined by the consolidated revenue generated by firms offering products and services in commercial printing, environmental and facilities, office services and supplies, security and alarm services, and diversified support services. The global diversified support services market growth is influenced by the rising outsourcing trend, where businesses increasingly delegate their support functions to specialized providers.

The Non-Destructive Testing And Inspection Market is experiencing significant growth, fueled by the increasing non-destructive testing and inspection training initiatives. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/