Opportunity and Strategy Analysis
This report focuses on identifying opportunities and strategies for investing in the global Non-destructive testing (NDT) Equipment market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.

Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the Non-destructive testing (NDT) Equipment industry and market. All the identified risk factors are measured quantitatively according to GMD’s novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global Non-destructive testing (NDT) Equipment industry.

Market Coverage & Overview
The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global Non-destructive testing (NDT) Equipment market is expected to reach $6.95 billion by 2033, growing by 7.5% annually over the coming years.

Segmentation Analysis
Highlighted with 86 tables and 93 figures, this 204-page report represents a 360-degree view on the global market with extensively detailed segmentations by Technology, Method, Industry Vertical, and Region/Country as shown below. Annual revenue 2023-2033 for each segment is included in the report.

By Technology

  • Ultrasonic Testing Equipment
  • Radiography Testing Equipment
  • Visual Inspection Equipment
  • Magnetic Particle Equipment
  • Liquid Penetrant Testing Equipment
  • Eddy Current Equipment
  • Acoustic Emission Equipment
  • Other Technologies



By Method

  • Volumetric Examination
  • Surface Examination
  • Visual Inspection
  • Other Methods



By Industry Vertical

  • Oil and Gas
  • Manufacturing
  • Power and Energy
  • Aerospace and Defense
  • Automotive and Transportation
  • Construction & Infrastructure
  • Electronics & Semiconductors
  • Other Industry Verticals



By Region

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
  • ? APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)


The breakdown of all regional markets by country and the breakdown of each national market by Technology, Method, and Industry Vertical over the forecast years are also included.

Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:

  • Acuren Inspection Inc.
  • Applied Technical Services, Inc.
  • Applus+ Laboratories
  • Ashtead Technology Ltd.
  • Baker Hughes
  • Bureau Veritas SA
  • Controle Mesure Systemes SAS
  • Fujifilm Corporation (Fujifilm Holdings Corporation)
  • Innospection Limited
  • Intertek Group PLC
  • Magnaflux Corp. (Illinois Tool Works Inc.)
  • Mistras Group Inc.
  • Nikon Metrology Nv (Nnikon Corporation)
  • Okondt Group
  • Olympus Corporation
  • SGS Group
  • TEAM Inc.
  • Yxlon International GMBH (Comet Holding AG)