Navigation Links
Global Non-Destructive Testing Equipment Market Worth $2200 Million by 2018

DALLAS, January 28, 2013 /PRNewswire/ --

According to a new market research report, "Global Non-Destructive Testing (NDT) Equipment Market-By Technology (Ultrasonic, Eddy Current , Electromagnetic, Radiography, Thermography), Verticals (Manufacturing, Petrochemical, Aerospace, Automotive, Power Generation) And Geography (2013 - 2018)" ,published by MarketsandMarkets (, the total market for non-destructive equipment is expected to reach $2200 million by 2018 at an estimated CAGR of 8.0% from 2013 to 2018.

Browse 127 market data tables with 32 figures spread through 257 pages and in-depth TOC on Global Non-Destructive Testing (NDT) Equipment Market-By Technology (Ultrasonic, Eddy Current , Electromagnetic, Radiography, Thermography), Verticals (Manufacturing, Petrochemical, Aerospace, Automotive, Power Generation) And Geography (2013 -2018).
Early buyers will receive 10% customization on reports.

Non-destructive testing is a testing of objects for their flaws and imperfections in accordance with some standard norms. The Non-destructive testing equipment market is, at present, witnessing a spree of mergers, partnerships, and acquisitions among market players, which is resulting in a wide range of challenges and opportunities.

The global Non-Destructive Testing Equipment Market covers whole industry on the basis of technology, verticals, application and geography. The technology section covers different contact and non-contact technologies with their current and future estimations. Phased array ultrasonic, X-ray computed tomography and computed radiography technologies are expected to grow exponentially in the days to come. The vertical section covers different industries like power generation, petrochemical, oil & gas, aerospace and automotive. The industries such as aerospace, power generation and oil & gas are the major consumers of non-destructive testing equipments. The Geographical analysis covers North America, Europe, Asia-Pacific, and ROW.

The major drivers for non-contact equipment market are strong government regulations, user friendly software, continuous advancement in electronics, automation and robotics and assured return on investment. There are some restraints in the market such as high infrastructure cost and lack of product knowledge to end users. The service industry and rapid growth of infrastructure and automation are the key opportunities for the non-destructive testing market.

The major companies involved in global non-destructive testing market are GE Inspection technologies (U.S.), Olympus Corporation (Japan), YXLON international (Germany), Mistras (U.S.), Zetec (U.S.), Dr. Foerster (Germany) and Nikon metrology (U.S.).APAC will remain the leading market for non-destructive testing equipments throughout the forecasted period due to the high growth in sectors like infrastructure, power generation and aerospace incountries like India and China.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices [  ], pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website

Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
MarketsandMarkets Blog @

SOURCE MarketsandMarkets
Copyright©2012 PR Newswire.
All rights reserved

Related biology technology :

1. Lucintel Profiles Top Five Global Polypropylene Companies: APAC is Expected to Drive Future Industry Growth
2. Lucintel’s Analysis of Global Linear Low Density Polyethylene Industry: Market Estimated to Reach $41 Billion in 2017
3. Life Technologies to Present at Leerink Swann Global Healthcare Conference
4. Life Technologies Named #33 among Global 100 Most Sustainable Corporations
5. Lucintel Estimates Moderate Growth for Global Pulp and Paper Chemical Industry during 2012-2017
6. Renal Dialysis Equipment - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2018
7. How to Ensure Pharmacovigilance Practices are Compliant with Global Safety Requirements: Challenges in Asia-Pacific
8. CSL Behring enrolls first patient in global pediatric Phase III pivotal study of recombinant fusion protein linking coagulation factor IX with albumin (rIX-FP) to treat hemophilia B
9. Lucintel’s Analysis of Global Base Metal Mining Industry: Market to Reach $305 Billion in 2017
10. Global Metabolomics Market Reviewed & Forecast in New In-Demand Report Available at
11. Global Soil Treatment Market Forecast to Grow at a CAGR of 8.5% to 2017 in New Research Report at
Post Your Comments:
(Date:6/24/2016)... NY (PRWEB) , ... June 24, 2016 , ... While ... machines such as the Cary 5000 and the 6000i models are higher end machines ... is the height of the spectrophotometer’s light beam from the bottom of the cuvette ...
(Date:6/23/2016)... ... June 23, 2016 , ... Mosio, a leader in clinical ... Patient Recruitment and Retention Tips.” Partnering with experienced clinical research professionals, Mosio revisits ... tips, tools, and strategies for clinical researchers. , “The landscape of how patients ...
(Date:6/23/2016)... , June 23, 2016   Boston Biomedical ... novel compounds designed to target cancer stemness pathways, ... been granted Orphan Drug Designation from the U.S. ... of gastric cancer, including gastroesophageal junction (GEJ) cancer. ... designed to inhibit cancer stemness pathways by targeting ...
(Date:6/23/2016)... June 23, 2016 A person commits a crime, ... scene to track the criminal down. An outbreak ... and Drug Administration (FDA) uses DNA evidence to track down ... Sound far-fetched? It,s not. The FDA has increasingly used ... investigations of foodborne illnesses. Put as simply as possible, whole ...
Breaking Biology Technology:
(Date:6/2/2016)... , June 2, 2016   The Weather Company , ... Watson Ads, an industry-first capability in which consumers will be ... able to ask questions via voice or text and receive ... Marketers have long sought an advertising ... that can be personal, relevant and valuable; and can scale ...
(Date:5/16/2016)... May 16, 2016   EyeLock LLC , a ... the opening of an IoT Center of Excellence in ... expand the development of embedded iris biometric applications. ... of convenience and security with unmatched biometric accuracy, making ... aside from DNA. EyeLock,s platform uses video technology to ...
(Date:4/28/2016)... Sweden , April 28, 2016 First ... M (139.9), up 966% compared with the first quarter of 2015 ... profit totaled SEK 589.1 M (loss: 18.8) and the operating margin ... 7.12 (loss: 0.32) Cash flow from operations was SEK ... The 2016 revenue guidance is unchanged, SEK 7,000-8,500 M. ...
Breaking Biology News(10 mins):