NDT and Inspection Market by Technique (Visual Testing, Magnetic Particle, Liquid Penetrant, Eddy-Current, Ultrasonic, Radiographic, Terahertz Imaging, Acoustic Emission), Method, Service, Application, Vertical and Region - Global Forecast to 2028

Abstract
The NDT and Inspection market size is estimated to be USD 10.3 billion in 2023 and is projected to reach USD 18.5 billion by 2028, at a CAGR of 10.1% during the forecast period. The booming NDT and Inspection market is mostly due to the increasing number of companies offering testing equipment and inspection services and increasing demand for public safety. Moreover, technological innovations and rising advancements have further accelerated the growth of the NDT and Inspection market. Competitive manufacturing costs, and a high economic growth rate, are some of the other major factors driving the growth of the NDT and Inspection market.

“Manufacturing vertical to grow at the highest CAGR between 2023 - 2028”

The manufacturing segment is expected to be the fastest-growing vertical of the NDT and inspection market from 2023 to 2028. The manufacturing sector is flourishing in emerging economies such as China, India, and South Africa. Government initiatives such as “Make in India” in India and “Industry 4.0” in Europe are expected to increase the manufacturing output from the respective regions. This, in turn, is expected to drive the demand for NDT equipment and services in the coming years.

“Training Services segment to hold second-largest market share during the forecast period.”

The training services segment is projected to account for the second-largest size of the NDT and testing market. The growth of this segment can be attributed to the requirement of training NDT technicians to keep them updated with new technological trends and make them aware of the changing demands of customers. The NDT and inspection industry is facing a shortage of skilled workforce; hence, training services are expected to be in demand in the coming years.

“Ultrasonic Technique to hold largest market share during the forecast period”

The UT segment is projected to account for the largest size of the NDT and inspection market in 2022. The growth of the UT technique segment can be attributed to the ability of this technique to identify defects accurately and determine their severity. Some advanced techniques, such as ultrasonic immersion testing and guided wave ultrasonic testing, can be used in critical applications in the oil & gas and aerospace industries.

“China to account for the largest size of NDT and inspection during the forecast period”

China is expected to continue to account for the largest share of the NDT and inspection market in Asia Pacific in the coming years. China has developed in-house inspection facilities, yet the demand for NDT and inspection techniques from the manufacturing and oil & gas verticals is high in the country. With the exploration of shale gas sites in the country, the demand for NDT and inspection technology in China is expected to increase further during the forecast period.

The rapid infrastructural development in China is an emerging opportunity for the NDT and inspection market. Automobile production in China is estimated to grow by 2024, which, in turn, will surge the demand for NDT and inspection equipment and services from the automotive vertical. China’s economic growth has led to the expansion of its energy, infrastructure, manufacturing, construction, and transportation industries.

General Electric (US), MISTRAS Group (US), Olympus Corporation (Japan), Astead Technology (Scotland), Nikon Metrology NV (UK) are the key players in the NDT and Inspection market. These top players have strong portfolios of products and services and a presence in both mature and emerging markets.

The study includes an in-depth competitive analysis of these key players in the NDT and Inspection market, with their company profiles, recent developments, and key market strategies.

Research Coverage
The report defines, describes, and forecasts the NDT and Inspection market based on technique, vertical, method, service, and region. It provides detailed information regarding factors such as drivers, restraints, opportunities, and challenges influencing the growth of NDT and Inspection market. It also analyzes competitive developments such as product launches, acquisitions, expansions, contracts, partnerships, and developments carried out by the key players to grow in the market.

Key Benefits of Buying the Report
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall NDT and Inspection market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Content
Table of Contents

1INTRODUCTION27
1.1STUDY OBJECTIVES27
1.2MARKET DEFINITION27
1.2.1INCLUSIONS AND EXCLUSIONS28
1.3STUDY SCOPE29
1.3.1MARKETS COVERED29
1.3.2GEOGRAPHIC SCOPE30
1.3.3YEARS CONSIDERED30
1.4CURRENCY CONSIDERED30
1.5LIMITATIONS31
1.6UNIT CONSIDERED31
1.7STAKEHOLDERS31
1.8SUMMARY OF CHANGES31
1.9RECESSION IMPACT32
2RESEARCH METHODOLOGY33
2.1RESEARCH DATA33
FIGURE 1NDT AND INSPECTION MARKET: PROCESS FLOW FOR MARKET SIZE ESTIMATION33
FIGURE 2RESEARCH DESIGN: NDT AND INSPECTION MARKET34
2.1.1SECONDARY DATA35
2.1.1.1Key data from secondary sources35
2.1.2PRIMARY DATA36
2.1.2.1Key data from primary sources36
2.1.2.2Key industry insights37
2.1.2.3Breakdown of primaries37
2.1.2.4Primary interviews with experts38
2.1.3SECONDARY AND PRIMARY DATA38
2.2MARKET SIZE ESTIMATION39
2.2.1BOTTOM-UP APPROACH39
2.2.1.1Approach to obtain market size using bottom-up analysis (demand side)39
FIGURE 3MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS40
2.2.2TOP-DOWN APPROACH40
2.2.2.1Approach to obtain market size using top-down analysis (supply side)41
FIGURE 4NDT AND INSPECTION MARKET SIZE ESTIMATION METHODOLOGY: DEMAND SIDE ANALYSIS41
 
2.3MARKET BREAKDOWN AND DATA TRIANGULATION42
FIGURE 5DATA TRIANGULATION42
2.4RESEARCH ASSUMPTIONS43
FIGURE 6ASSUMPTIONS FOR RESEARCH STUDY43
2.5RESEARCH LIMITATIONS43
2.6RISK ASSESSMENT44
2.7IMPACT OF RECESSION ON NDT AND INSPECTION MARKET44
TABLE 1NDT AND INSPECTION MARKET: IMPACT OF RECESSION ON END-USER VERTICALS44
3EXECUTIVE SUMMARY46
FIGURE 7NDT AND INSPECTION MARKET: PRE- VS. POST-RECESSION ANALYSIS47
FIGURE 8SERVICE SEGMENT TO HOLD LARGEST MARKET SHARE IN TERMS OF VALUE THROUGHOUT FORECAST PERIOD47
FIGURE 9UT SEGMENT TO HOLD LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2023 IN TERMS OF VALUE48
FIGURE 10POWER GENERATION SEGMENT OF NDT AND INSPECTION MARKET TO HOLD LARGEST SHARE FROM 2023 TO 2028 IN TERMS OF VALUE48
FIGURE 11INSPECTION SERVICES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET FROM 2023 TO 2028 IN TERMS OF VALUE49
FIGURE 12NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2022 IN TERMS OF VALUE50
4PREMIUM INSIGHTS51
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NDT AND INSPECTION MARKET51
FIGURE 13SIGNIFICANT GROWTH OPPORTUNITIES FOR NDT AND INSPECTION MARKET FROM 2023 TO 202851
4.2NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE51
FIGURE 14SERVICE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2023 TO 2028 IN TERMS OF VALUE51
4.3NDT AND INSPECTION MARKET, BY SERVICE52
FIGURE 15INSPECTION SERVICES TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET FROM 2023 TO 2028 IN TERMS OF VALUE52
4.4NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY AND TECHNIQUE, 202252
FIGURE 16CHINA AND UT TECHNIQUE SEGMENT HELD LARGEST SHARES IN OVERALL NDT AND INSPECTION MARKET IN ASIA PACIFIC IN 202252
4.5NDT AND INSPECTION MARKET, BY REGION53
FIGURE 17NDT AND INSPECTION MARKET IN INDIA TO GROW AT HIGHEST CAGR FROM 2023 TO 2028 IN TERMS OF VALUE53
5MARKET OVERVIEW54
5.1INTRODUCTION54
5.2MARKET DYNAMICS55
FIGURE 18DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES AFFECTING NDT AND INSPECTION MARKET55
5.2.1DRIVERS55
5.2.1.1Regulatory compliance by governments regarding public safety and product quality55
5.2.1.2Increased adoption of NDT and inspection equipment and services in electronics, automation, and robotics industries56
5.2.1.3High adoption of IoT devices57
5.2.1.4Increased demand for structural health monitoring of infrastructures57
5.2.1.5Higher demand for Artificial Intelligence in NDT and inspection58
FIGURE 19NDT AND INSPECTION MARKET DRIVERS AND THEIR IMPACT58
5.2.2RESTRAINTS59
5.2.2.1Dearth of skilled and qualified personnel to carry out NDT and inspection activities59
5.2.2.2Huge investments in NDT and inspection equipment59
FIGURE 20NDT AND INSPECTION MARKET RESTRAINTS AND THEIR IMPACT59
5.2.3OPPORTUNITIES60
5.2.3.1Large-scale infrastructural developments in Asia Pacific, Europe, and South America60
5.2.3.2Increased demand for NDT and inspection services from power generation industry60
5.2.3.3Technological advancements in NDT and inspection techniques and emergence of new applications61
5.2.3.4Importance of NDT and inspection activities in controlling corrosion in aging infrastructures61
FIGURE 21NDT AND INSPECTION MARKET OPPORTUNITIES AND THEIR IMPACT62
5.2.4CHALLENGES62
5.2.4.1Reluctance to adopt new and high-cost NDT and inspection techniques62
5.2.4.2Increased complexity of machines and structures62
5.2.4.3High replacement costs of automated NDT and inspection equipment63
FIGURE 22NDT AND INSPECTION MARKET CHALLENGES AND THEIR IMPACT63
5.3EVOLUTION OF NDT AND INSPECTION METHODS64
FIGURE 23NDT AND INSPECTION METHODS: EVOLUTION64
5.4SUPPLY CHAIN ANALYSIS64
FIGURE 24SUPPLY CHAIN: NDT AND INSPECTION MARKET65
5.5ECOSYSTEM66
FIGURE 25NDT AND INSPECTION MARKET: ECOSYSTEM66
TABLE 2COMPANIES AND THEIR ROLES IN NDT AND INSPECTION ECOSYSTEM67
5.6AVERAGE SELLING PRICE ANALYSIS68
FIGURE 26AVERAGE SELLING PRICE OF NDT AND INSPECTION TECHNIQUES68
5.7TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS68
FIGURE 27TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS RELATED TO NDT AND INSPECTION MARKET69
5.8TECHNOLOGY ANALYSIS69
5.8.1EMERGING TRENDS AND TECHNOLOGIES IN NDT AND INSPECTION MARKET70
5.8.1.1Drone inspection70
5.8.1.2IoT-powered real-time NDT for predictive maintenance70
5.8.1.3Use of artificial intelligence to detect defects70
5.8.1.4Use of combination techniques70
5.8.1.5Development of new materials to refurbish market71
5.8.1.6Increased customer expectations from NDT and inspection equipment71
5.9IMPACT OF EMERGING TECHNOLOGIES ON NDT71
5.10PORTER’S FIVE FORCES ANALYSIS71
TABLE 3IMPACT OF PORTER’S FIVE FORCES ON NDT AND INSPECTION MARKET72
FIGURE 28NDT AND INSPECTION MARKET: PORTER’S FIVE FORCE ANALYSIS72
5.10.1BARGAINING POWER OF SUPPLIERS72
5.10.2BARGAINING POWER OF BUYERS72
5.10.3THREAT OF NEW ENTRANTS73
5.10.4THREAT OF SUBSTITUTES73
5.10.5INTENSITY OF COMPETITIVE RIVALRY73
5.11KEY STAKEHOLDERS AND BUYING CRITERIA74
5.11.1KEY STAKEHOLDERS IN BUYING PROCESS74
FIGURE 29INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VERTICAL74
TABLE 4INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS, BY VERTICAL (%)74
5.11.2BUYING CRITERIA75
FIGURE 30KEY BUYING CRITERIA, BY VERTICAL75
TABLE 5KEY BUYING CRITERIA, BY VERTICAL75
5.12CASE STUDIES76
5.12.1BOLT-LOAD IN-SERVICE INSPECTION AND MONITORING76
TABLE 6CASE STUDY 1: BOLT-LOAD IN-SERVICE INSPECTION AND MONITORING THROUGH NOVEL NON-DESTRUCTIVE TESTING TECHNOLOGIES76
5.12.2GENEVA’S OIL TANK INSPECTION76
TABLE 7CASE STUDY 2: GENEVA’S OIL TANK INSPECTION—REMOTE MONITORING USING DRONES76
5.12.3REDUCING BOILER DOWNTIME AT EFW (ENERGY-FROM-WASTE) FACILITIES USING INNERSPEC’S THICKNESS MEASUREMENT TECHNOLOGY77
TABLE 8CASE STUDY 3: REDUCING BOILER DOWNTIME AT EFW (ENERGY-FROM-WASTE)77
5.13TRADE DATA ANALYSIS78
TABLE 9IMPORT DATA ON MEASURING OR CHECKING INSTRUMENTS, APPLIANCES, AND MACHINES, BY COUNTRY, 2017–2021 (USD MILLION)78
FIGURE 31NDT AND INSPECTION MARKET: IMPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION)79
TABLE 10EXPORT DATA ON MEASURING OR CHECKING INSTRUMENTS, APPLIANCES, AND MACHINES, BY COUNTRY, 2017–2021 (USD MILLION)79
FIGURE 32NDT AND INSPECTION MARKET: EXPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION)80
5.14PATENT ANALYSIS80
TABLE 11NOTABLE PATENTS RELATED TO NDT AND INSPECTION MARKET81
TABLE 12NUMBER OF PATENTS REGISTERED RELATED TO NDT AND INSPECTION MARKET IN LAST 10 YEARS84
FIGURE 33TOP 10 COMPANIES WITH HIGHEST NO. OF PATENT APPLICATIONS IN LAST 10 YEARS85
FIGURE 34NO. OF PATENTS GRANTED PER YEAR, 2012–202185
5.15KEY CONFERENCES AND EVENTS, 2022–202386
TABLE 13NDT AND INSPECTION MARKET: DETAILED LIST OF CONFERENCES AND EVENTS86
5.16REGULATIONS AND STANDARDS RELATED TO NDT AND INSPECTION87
5.16.1LEADING ASSOCIATIONS FOR NDT AND INSPECTION87
5.16.1.1American Society for Nondestructive Testing87
5.16.1.2British Institute of Non-Destructive Testing88
5.16.1.3ASTM International91
6NDT AND INSPECTION MARKET, BY TECHNIQUE93
6.1INTRODUCTION94
FIGURE 35SERVICE SEGMENT TO ACCOUNT FOR LARGER SIZE OF NDT AND INSPECTION MARKET FROM 2023 TO 202894
TABLE 14NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION)95
TABLE 15NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION)95
FIGURE 36UT TECHNIQUE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET FROM 2023 TO 202896
TABLE 16NDT AND INSPECTION MARKET, BY TECHNIQUE, 2019–2022 (USD MILLION)96
TABLE 17NDT AND INSPECTION MARKET, BY TECHNIQUE, 2023–2028 (USD MILLION)97
TABLE 18NDT AND INSPECTION MARKET, BY TECHNIQUE, 2019–2022 (THOUSAND UNITS)98
TABLE 19NDT AND INSPECTION MARKET, BY TECHNIQUE, 2023–2028 (THOUSAND UNITS)98
6.2ULTRASONIC TESTING (UT)99
6.2.1STRAIGHT BEAM TESTING100
6.2.1.1Growing deployment of straight beam testing for crack detection100
6.2.2ANGLE BEAM TESTING100
6.2.2.1Surging demand for angle beam testing in weld inspections100
6.2.3IMMERSION TESTING100
6.2.3.1Rising adoption of immersion testing in industrial and manufacturing sectors to assure welding quality100
6.2.4GUIDED WAVE TESTING101
6.2.4.1Growing use of guided wave testing for overall screening of pipe walls101
6.2.5PHASED ARRAY TESTING101
6.2.5.1Increasing deployment of phased array inspection technique for corrosion, flaw, and crack detection and weld inspection101
6.2.6TIME-OF-FLIGHT DIFFRACTION (TOFD)101
6.2.6.1Surging adoption of time-of-flight diffraction technique for weld flaw detection101
 
6.2.7PROCESS COMPENSATED RESONANCE TESTING (PCRT)102
6.2.7.1Increased adoption in aerospace and power generation applications102
FIGURE 37NDT AND INSPECTION MARKET, BY PCRT TECHNIQUE, 2019–2028 (USD MILLION)103
TABLE 20PCRT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)103
TABLE 21PCRT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)103
FIGURE 38OIL AND GAS VERTICAL TO HOLD LARGEST SHARE OF NDT AND INSPECTION MARKET FOR UT TECHNIQUE IN 2022104
TABLE 22UT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)104
TABLE 23UT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)105
TABLE 24UT: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)105
TABLE 25UT: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)106
6.3VISUAL TESTING (VT)106
6.3.1GENERAL VISUAL INSPECTION106
6.3.1.1Rising demand for deployment of cost-effective general visual inspection technique for quick detection of flaws in test objects106
6.3.2AIDED VISUAL INSPECTION107
6.3.2.1Growing use of aided visual inspection for predictive and regular maintenance of fixed and movable assets107
6.3.2.2Borescopes107
6.3.2.2.1Surging demand for borescopes to inspect aircraft engines, steam turbines, diesel engines, and automobile engines107
6.3.2.3Endoscopes107
6.3.2.3.1Rising adoption of endoscopes in NDT and inspection activities owing to their cost-effectiveness107
6.3.2.4Videoscopes108
6.3.2.4.1Produce high-quality images for flaw detection108
TABLE 26VT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)108
TABLE 27VT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)109
TABLE 28VT: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)109
TABLE 29VT: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)109
6.4MAGNETIC PARTICLE TESTING (MPT)110
6.4.1RISING DEMAND FOR MAGNETIC PARTICLE TESTING TO CONDUCT UNDERWATER INSPECTIONS110
TABLE 30MPT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)111
FIGURE 39MANUFACTURING SEGMENT TO HOLD LARGEST SHARE OF NDT AND INSPECTION MARKET FOR MPT TECHNIQUE IN 2028111
TABLE 31MPT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)112
TABLE 32MPT: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)112
TABLE 33MPT: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)112
6.5LIQUID PENETRANT TESTING (LPT)113
6.5.1INCREASING DEMAND FOR LIQUID PENETRANT TESTING TO TEST DIFFERENT MATERIALS113
TABLE 34COMPARISON OF DIFFERENT LPT TECHNIQUES113
TABLE 35LPT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)114
TABLE 36LPT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)114
TABLE 37LPT: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)115
TABLE 38LPT: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)115
6.6EDDY-CURRENT TESTING (ECT)115
6.6.1ALTERNATING CURRENT FIELD MEASUREMENT (ACFM)116
6.6.1.1Growing use of ACFM technique in weld and threat inspections of magnetic and non-magnetic components116
6.6.2REMOTE FIELD TESTING (RFT)116
6.6.2.1Surging use of RFT to detect defects in internal and external surfaces116
6.6.3EDDY-CURRENT ARRAY (ECA)116
6.6.3.1Surging demand for ECA technique to detect corrosion116
TABLE 39ECT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)117
TABLE 40ECT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)117
TABLE 41ECT: NDT INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)118
TABLE 42ECT: NDT INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)118
6.7RADIOGRAPHIC TESTING (RT)118
6.7.1X-RAY TESTING119
6.7.1.1Rising use of X-ray testing to detect surface and internal discontinuities119
6.7.2GAMMA RAY TESTING119
6.7.2.1Increasing use of gamma-ray testing to detect internal voids in materials119
6.7.3COMPUTED RADIOGRAPHY119
6.7.3.1Growing adoption of computed radiography owing to its reliability, flexibility, and cost-effectiveness119
6.7.4FILM RADIOGRAPHY120
6.7.4.1Surging deployment of film radiography to inspect hidden flaws in different types of materials120
6.7.5DIRECT RADIOGRAPHY (REAL-TIME)120
6.7.5.1Increasing use of direct radiography to detect cracks120
TABLE 43RT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)120
FIGURE 40MANUFACTURING VERTICAL TO HOLD LARGEST SHARE OF NDT AND INSPECTION MARKET FOR RT TECHNIQUE FROM 2023 TO 2028121
TABLE 44RT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)121
TABLE 45RT: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)122
TABLE 46RT: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)122
6.8ACOUSTIC EMISSION TESTING (AET)122
6.8.1INCREASING DEMAND FOR AET FROM METAL INDUSTRY122
TABLE 47AET: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)123
TABLE 48AET: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)123
TABLE 49AET: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)124
TABLE 50AET: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)124
6.9OTHERS124
6.9.1TERAHERTZ IMAGING124
6.9.1.1Growing use to test various material layers124
TABLE 51APPLICATIONS OF TERAHERTZ IMAGING, BY INDUSTRY125
6.9.2NEAR-INFRARED SPECTROSCOPY125
6.9.2.1Growing use to meet requirement for testing bulk materials125
TABLE 52APPLICATIONS OF NEAR-INFRARED SPECTROSCOPY, BY INDUSTRY125
TABLE 53OTHERS: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)126
TABLE 54OTHERS: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)126
TABLE 55OTHERS: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)127
TABLE 56OTHERS: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)127
7NDT AND INSPECTION MARKET, BY SERVICE128
7.1INTRODUCTION129
TABLE 57NDT AND INSPECTION MARKET, BY SERVICE, 2019–2022 (USD MILLION)129
FIGURE 41INSPECTION SERVICES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2028129
TABLE 58NDT AND INSPECTION MARKET, BY SERVICE, 2023–2028 (USD MILLION)130
7.2INSPECTION SERVICES130
7.2.1ULTRASONIC INSPECTION131
7.2.1.1Growing ultrasonic inspections to detect internal defects with high accuracy131
7.2.2RADIOGRAPHIC INSPECTION131
7.2.2.1Increasing adoption of radiographic inspection to identify planar and volumetric defects131
7.2.3VISUAL INSPECTION132
7.2.3.1Rising use of cost-effective visual inspection technique to inspect objects, parts, or components132
7.2.4MAGNETIC PARTICLE INSPECTION132
7.2.4.1Used to spot surface and subsurface discontinuities in ferromagnetic materials132
7.2.5ADVANCED EDDY-CURRENT INSPECTION133
7.2.5.1Growing demand to detect faults in condensers, tubing, and heat exchangers and inspect complex shapes of conductive materials133
7.2.6LIQUID PENETRANT INSPECTION133
7.2.6.1Used to expose surface discontinuities in ferromagnetic and non-ferromagnetic materials133
TABLE 59INSPECTION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)133
TABLE 60INSPECTION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)134
7.3EQUIPMENT RENTAL SERVICES134
7.3.1FLOURISHING MARKET FOR EQUIPMENT RENTAL SERVICES GLOBALLY134
TABLE 61EQUIPMENT RENTAL SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)135
FIGURE 42POWER GENERATION SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET FOR EQUIPMENT RENTAL SERVICES IN 2028136
TABLE 62EQUIPMENT RENTAL SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)136
7.4CALIBRATION SERVICES137
7.4.1GROWING REQUIREMENT FOR HIGHLY ACCURATE TESTING EQUIPMENT TO DRIVE DEMAND FOR CALIBRATION SERVICES137
TABLE 63CALIBRATION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)137
TABLE 64CALIBRATION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)138
7.5TRAINING SERVICES138
7.5.1FLOURISHING MARKET FOR TRAINING SERVICES OWING TO RISING DEMAND FOR SKILLED TECHNICIANS138
TABLE 65TRAINING SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)139
FIGURE 43POWER GENERATION SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET FOR TRAINING SERVICES IN 2028139
TABLE 66TRAINING SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)140
8NDT AND INSPECTION MARKET, BY METHOD141
8.1INTRODUCTION142
FIGURE 44VOLUMETRIC INSPECTION METHOD TO LEAD NDT AND INSPECTION MARKET FROM 2023 TO 2028142
TABLE 67NDT AND INSPECTION MARKET, BY METHOD, 2019–2022 (USD MILLION)143
TABLE 68NDT AND INSPECTION MARKET, BY METHOD, 2023–2028 (USD MILLION)143
8.2VISUAL INSPECTION143
8.2.1EMERGENCE OF VISUAL INSPECTION AS MOST COST-EFFECTIVE METHOD FOR SURFACE INSPECTION143
8.3SURFACE INSPECTION144
8.3.1DEPLOYMENT OF SURFACE INSPECTION METHOD TO DETECT CRACKS AND DISCONTINUITIES ON COMPONENT SURFACES144
8.4VOLUMETRIC INSPECTION145
8.4.1VOLUMETRIC INSPECTION METHOD HELD LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2022145
8.5OTHERS146
9NDT AND INSPECTION MARKET, BY VERTICAL147
9.1INTRODUCTION148
TABLE 69TESTING REQUIREMENTS OF DIFFERENT INDUSTRIES148
TABLE 70NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION)149
FIGURE 45POWER GENERATION SEGMENT TO HOLD LARGEST MARKET SHARE IN 2022149
TABLE 71NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)150
9.2MANUFACTURING150
9.2.1ADVANCED NDT AND INSPECTION TECHNIQUES FOR MANUFACTURING VERTICAL151
9.2.1.1Electromagnetic acoustic transducer (EMAT) technique151
9.2.1.1.1EMAT technique increases overall probability of flaw and fracture detection in metal surfaces151
TABLE 72MANUFACTURING: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION)151
TABLE 73MANUFACTURING: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION)151
TABLE 74MANUFACTURING: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)152
FIGURE 46ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET FOR MANUFACTURING VERTICAL IN 2028152
TABLE 75MANUFACTURING: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)152
TABLE 76MANUFACTURING: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION)153
TABLE 77MANUFACTURING: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION)153
TABLE 78MANUFACTURING: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION)153
TABLE 79MANUFACTURING: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION)154
TABLE 80MANUFACTURING: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION)154
TABLE 81MANUFACTURING: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION)154
TABLE 82MANUFACTURING: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION)155
TABLE 83MANUFACTURING: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION)155
 
9.3OIL AND GAS155
9.3.1REFINERIES156
9.3.1.1Adoption of NDT and inspection technique to ensure operating safety and avoid unplanned outages156
9.3.2TRANSMISSION PIPELINES156
9.3.2.1Increased demand for NDT and inspection techniques for inspection and maintenance of transmission pipelines156
9.3.3SUBSEA PIPELINES157
9.3.3.1Deployment of NDT and inspection techniques for corrosion mapping in subsea pipelines157
9.3.4STORAGE TANKS158
9.3.4.1Application of NDT and inspection techniques for detection of imperfections in storage tanks158
9.3.5ADVANCED NDT TECHNIQUES FOR OIL & GAS VERTICAL159
9.3.5.1Long-range ultrasonic technique (LRUT)159
9.3.5.1.1Surging adoption of long-range ultrasonic technique in onshore and offshore oil & gas pipelines159
9.3.5.2Positive metal identification technique159
9.3.5.2.1Use of positive metal identification technique for identification of flow acceleration corrosion159
TABLE 84OIL AND GAS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION)159
TABLE 85OIL AND GAS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION)159
TABLE 86OIL AND GAS: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)160
TABLE 87OIL AND GAS: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)160
TABLE 88OIL AND GAS: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION)160
TABLE 89OIL AND GAS: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION)161
TABLE 90OIL AND GAS: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION)161
TABLE 91OIL AND GAS: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION)161
TABLE 92OIL AND GAS: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION)162
TABLE 93OIL AND GAS: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION)162
FIGURE 47MIDDLE EAST TO HOLD LARGEST SHARE OF NDT AND INSPECTION MARKET FOR OIL AND GAS VERTICAL IN 2023162
TABLE 94OIL AND GAS: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION)163
TABLE 95OIL AND GAS: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION)163
 
9.4AEROSPACE163
TABLE 96NDT AND INSPECTION TECHNIQUES IN AEROSPACE VERTICAL164
9.4.1AIRCRAFT ENGINE PART PRODUCTION165
9.4.1.1Deployment of Eddy-current testing, ultrasonic testing, and visual testing for checking aircraft engine parts165
9.4.2COMPOSITE AIRFRAME MANUFACTURING165
9.4.2.1Increased use of NDT and inspection methods for testing composite materials used in aircraft165
9.4.3AIRCRAFT MAINTENANCE165
9.4.3.1Deployment of ultrasonic testing, radiographic testing, visual testing, and infrared thermography for aircraft maintenance165
TABLE 97ESSENTIAL NDT AND INSPECTION TECHNIQUES FOR AIRCRAFT MAINTENANCE166
9.4.4MATERIAL ANALYSIS166
9.4.4.1Adoption of penetrant testing for material analysis in aerospace industry166
9.4.5ADVANCED NDT AND INSPECTION TECHNIQUES FOR AEROSPACE VERTICAL167
9.4.5.1Dynamic thermography167
9.4.5.1.1Use of technique for real-time high-speed scanning and contactless inspection of test objects167
9.4.5.2Air-coupled ultrasound167
9.4.5.2.1Designed to detect defects with high accuracy167
9.4.5.3Dynamic interferometry167
9.4.5.3.1Helpful in carrying out cost-effective and fast inspections167
TABLE 98AEROSPACE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION)167
TABLE 99AEROSPACE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION)168
TABLE 100AEROSPACE: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)168
TABLE 101AEROSPACE: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)168
TABLE 102AEROSPACE: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION)169
TABLE 103AEROSPACE: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION)169
TABLE 104AEROSPACE: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION)169
TABLE 105AEROSPACE: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION)170
TABLE 106AEROSPACE: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION)170
TABLE 107AEROSPACE: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION)170
TABLE 108AEROSPACE: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION)171
TABLE 109AEROSPACE: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION)171
9.5PUBLIC INFRASTRUCTURE171
9.5.1MILITARY AND DEFENSE172
9.5.1.1Adoption of NDT and inspection techniques to detect flaws and repair military and defense equipment172
9.5.2AIRPORT SECURITY172
9.5.2.1Increased use of NDT and inspection techniques in airport security to screen goods to be transported172
9.5.3RAILWAYS173
9.5.3.1Railways use NDT and inspection techniques to check rail wheels, axles, and tracks173
9.5.4BRIDGES AND TUNNELS173
9.5.4.1Surged demand for maintenance of aging bridges and tunnels173
9.5.5BORDER CROSSING174
9.5.5.1Increased use of NDT and inspection techniques to check barriers used at border crossing174
9.5.6NUCLEAR WASTE STORAGE AND DECOMMISSIONING174
9.5.6.1Deployment of NDT and inspection techniques in nuclear power plants for leak detection174
9.5.7ADVANCED NDT AND INSPECTION TECHNIQUES EMPLOYED FOR PUBLIC INFRASTRUCTURES174
9.5.7.1Impact echo174
9.5.7.1.1Useful in carrying out highly accurate and reliable inspections174
9.5.7.2Ground penetrating radars (GPR)175
9.5.7.2.1Helpful in detecting rebar, corrosion, and delamination in surfaces under test175
TABLE 110PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION)175
TABLE 111PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION)175
TABLE 112PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)176
FIGURE 48NORTH AMERICA TO HOLD LARGEST SHARE OF NDT AND INSPECTION MARKET FOR PUBLIC INFRASTRUCTURE VERTICAL FROM 2023 TO 2028176
TABLE 113PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)176
TABLE 114PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION)177
TABLE 115PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION)177
TABLE 116PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION)178
TABLE 117PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION)178
TABLE 118PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION)178
TABLE 119PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION)179
TABLE 120PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION)179
TABLE 121PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION)179
9.6AUTOMOTIVE180
TABLE 122ADVANTAGES OF USING DIFFERENT NDT AND INSPECTION TECHNOLOGIES IN AUTOMOTIVE VERTICAL180
9.6.1ADVANCED NDT AND INSPECTION TECHNIQUES ADOPTED IN AUTOMOTIVE VERTICAL182
9.6.1.1High-energy digital radiography182
9.6.1.1.1Designed to detect flaws and corrosion in large components of automobiles182
TABLE 123AUTOMOTIVE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION)182
TABLE 124AUTOMOTIVE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION)182
TABLE 125AUTOMOTIVE: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)183
TABLE 126AUTOMOTIVE: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)183
TABLE 127AUTOMOTIVE: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION)183
TABLE 128AUTOMOTIVE: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION)184
TABLE 129AUTOMOTIVE: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION)184
TABLE 130AUTOMOTIVE: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION)184
TABLE 131AUTOMOTIVE: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION)185
TABLE 132AUTOMOTIVE: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION)185
TABLE 133AUTOMOTIVE: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION)185
TABLE 134AUTOMOTIVE: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION)186
9.7POWER GENERATION186
9.7.1NUCLEAR POWER PLANTS187
9.7.1.1Increased use of NDT and inspection techniques in nuclear power plants187
TABLE 135APPLICATIONS OF NDT AND INSPECTION TECHNIQUES IN NUCLEAR POWER PLANTS187
9.7.2WIND TURBINES187
9.7.2.1Surged activities for maintenance and inspection of wind turbines187
9.7.3SOLAR POWER188
9.7.3.1Risen use of digital radiography to detect defects accurately and efficiently in solar panels188
9.7.4FOSSIL FUEL ENERGY PLANTS188
9.7.4.1Increased adoption of radiographic and ultrasonic testing in fossil fuel energy plants188
9.7.5ADVANCED NDT AND INSPECTION TECHNIQUES USED IN POWER GENERATION VERTICAL189
9.7.5.1Galvano static pulse measurement189
9.7.5.1.1Offers real-time evaluation of corrosion in metal structures of power plants189
9.7.5.2Ultrasonic pulse echo testing189
9.7.5.2.1Detects presence of cracks and porosity in metal or steel structures189
TABLE 136POWER GENERATION: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION)189
TABLE 137POWER GENERATION: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION)189
TABLE 138POWER GENERATION: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION)190
TABLE 139POWER GENERATION: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION)190
TABLE 140POWER GENERATION: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION)191
TABLE 141POWER GENERATION: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION)191
TABLE 142POWER GENERATION: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION)191
TABLE 143POWER GENERATION: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION)1