Non-Destructive Testing Market Worth $34.1 Billion By 2030

The global non-destructive testing market was valued at USD 17.9 billion in 2021 and is expected to grow to USD 34.1 billion by 2030, advancing at a CAGR of 7.7% during the forecasted timeframe. Non-destructive testing finds key usage in several industries such as aerospace and oil and gas. With the surging automation in industrial manufacturing and infrastructure sectors, there has been a considerable hike in the demand for flaw detection related to porosity, cracks, and production disorders. Thus, adherence to industrial safety norms is important which will positively influence the scope of the NDT market in the coming years.

Several government agencies and regional bodies, such as the American Society of Mechanical Engineers and the International Organisation for Standardization (ISO), have established strict regulations to ensure the safety of instruments and oversee engineering testing. This is important to gain certificates and clearances from recognized authorities.

Notably, non-destructive testing deploys complex machinery and equipment for superior results in flaw detection. Advanced technology in sensors and the growing popularity of IoT will continue to drive the demand for NDT owing to exceptional accuracy in testing results. The highest accuracy is extended by several ultrasonic testing tomographies of rebar. The testing is well-equipped with optical positioning solutions and AI-led software algorithms. Safe to say, constant technology upgradation along with its acceptance across the world will boost market growth.

However, due to COVID-19 most of the sectors like aerospace were adversely affected due to the travel restrictions imposed by the government to control the rapidly rising cases. This led to a substantial fall in passenger traffic globally thereby affecting the growth rate of the NDT market. Although, gradual relaxations announced in major parts of the globe after a reasonable decline in the number of COVID cases will restrengthen the economy, thereby driving the use of non-destructive technology in a wide number of industries.

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Non-Destructive Testing Market Report Highlights

• On the basis of offerings, services dominated the segment holding 75.2% of the revenue stake in 2021. The high cost associated with advanced non-destructive testing equipment along with the complexity of installation of these solutions will compel end-users to outsource their non-destructive testing operation to third parties. Additionally, strict regulations with regard to worker safety will further influence the end-users to outsource their services to other companies

• With respect to verticals, the manufacturing segment accounted for the largest revenue share of 22% in the year 2021. This growth may be attributed to the ever-rising demand for NDT in the sector supported by urbanization and the need for various products

• In the oil and gas industry, NDT is widely used to facilitate the inspection of valves, pipes, and storage vessels in all production cycles to enhance operational efficiency and reliability. Advanced non-destructive testing technologies inspect accurately and quickly owing to technological advancements in probes, software, and probes

• North America non-destructive testing (NDT) market dominated the regional segment holding 36% of the total revenue stake in 2021. High adoption of the technology in a number of industries, the presence of a skilled workforce, and several non-destructive testing training institutes in the region will continue to supplement the regional market scope

• In addition to this, Asia Pacific is slated to emerge as a profitable revenue pocket exhibiting a CAGR of 9% from 2022 to 2030. Economic development in the region has favored development in industries like construction, power generation, and manufacturing. This has propelled the need for reliable NDT technologies in order to enhance operations and ensure continuous productivity. 

Non-Destructive Testing Market Report Segments

Non-Destructive Testing Offering Outlook (Revenue, USD Million, 2017 - 2030)
    • Services
   • Equipment

Non-Destructive Testing Test Method Outlook (Revenue, USD Million, 2017 - 2030)
   • Traditional NDT Method
      • Visual Testing
      • Magnetic Particle Testing
      • Liquid Penetrant Testing
      • Eddy Current Testing
      • Ultrasonic Testing
      • Radiographic Testing
   • Digital/Advanced NDT Method
      • Digital Radiography (DR)
      • Phased Array Ultrasonic Testing (PAUT)
      • Pulsed Eddy Current (PEC)
      • Time-Of-Flight Diffraction (TOFD)
      • Alternating Current Field Measurement (ACFM)
      • Automated Ultrasonic Testing (AUT)

Non-Destructive Testing Vertical Outlook (Revenue, USD Million, 2017 - 2030)
   • Oil & Gas
   • Manufacturing
   • Aerospace and Defense
   • Construction
   • Automotive
   • Power Generation
   • Others

Non-Destructive Testing Regional Outlook (Revenue, USD Million, 2017 - 2030)
   • North America
      • U.S.
      • Canada
   • Europe
      • U.K.
      • Germany
      • France
   • Asia Pacific
      • China
      • India
      • Japan
   • Latin America
      • Brazil
      • Mexico
   • Middle East & Africa (MEA)
      • Saudi Arabia
      • South Africa

List of Prominent Non-Destructive Testing Market Players
   • Ashtead Technology
   • Eddyfi
   • Fischer Technologies Inc
   • General Electric
   • Nikon Corporation
   • Mistras Group
   • Olympus Corporation
   • Sonatest
   • Yxlon International
   • Zetec, Inc
   • MME Group
   • TWI Ltd.