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Nondestructive Testing Equipment Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030

ID : MRU_8982 | Date : Jan, 2023 | Pages : 168 | Region : Global

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Nondestructive testing (NDT) is the application of measurement techniques to identify defect and discontinuity in material, component, or structure.
The market growth is supplemented by the increase in stringent safety government regulations across different geographical regions owing to rise in incidence of infrastructure failures and need for extending the life of obsolete infrastructure and maintenance optimization by various industries for efficient operations and quality/safety assurance.
North America dominated the global non-destructive testing equipment market, accounting for 35.77% of the overall market. Huge investments in energy verticals such as oil and gas are majorly driving the market growth in North America.
The automotive industry is likely to contribute a large share to market revenues in Europe. Asia Pacific is expected to be the fastest growing region through the forecast period.
The Global Nondestructive Testing Equipment Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023-2030.
As the report focuses on global Nondestructive Testing Equipment Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-
General Electric
Olympus
Fujifilm
Eddyfi
Pfinder
Nikon
Ashtead
Sonatest
Bosello High Technology
Magnaflux
Socomore and Zetec
Yxlon
Mistras

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:
Ultrasonic Testing
Radiography Testing
Visual Inspection Testing
Magnetic Particle Testing & Electromagnetic Testing
Eddy-Current Testing
Liquid Penetrant Testing
Others (Thermography Testing, Acoustic Emission, Terahertz Imaging, and Infrared Testing)

In Market segmentation by applications :
Oil & Gas
Energy & power
Aerospace & Defense
Automotive & transportation
Infrastructure
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Nondestructive Testing Equipment Market for the forecast period 2023-2030?
• What are the driving forces in the Nondestructive Testing Equipment Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Nondestructive Testing Equipment industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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