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The non-destructive testing (NDT) equipment market size is forecast to increase by USD 866 million at a CAGR of 5.79% between 2023 and 2028. The market is experiencing significant growth due to several key trends. The increase in oil and gas and power generation projects worldwide is driving the demand for NDT techniques to ensure the integrity and safety of infrastructure. Another trend is the rising demand for ultrasonic testing equipment, which offers high accuracy and versatility in detecting defects in various materials. Additionally, the growing availability of pre-used variants of NDT equipment is making it more accessible and cost-effective for businesses. These factors are expected to boost the market growth in the coming years.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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