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The Non-Destructive Testing Market In Oil And Gas Industry size is forecast to increase by USD 1.57 billion, at a CAGR of 7.3% between 2023 and 2028. The market is experiencing significant growth due to increased demand for NDT in oil and gas transportation. The integration of artificial intelligence (AI) and machine learning (ML) in NDT devices is a major trend, enhancing the efficiency and accuracy of inspections. However, the high initial cost of NDT remains a challenge for market growth. Despite this, the benefits of NDT, including improved safety, increased productivity, and extended asset life, continue to drive market demand. The market is expected to grow steadily, with innovations in technology and an increasing focus on preventive maintenance strategies contributing to its expansion.
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The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The traditional methods segment is estimated to witness significant growth during the forecast period. Non-destructive testing (NDT) plays a crucial role in ensuring material integrity and detecting faults in various industries, including the oil and gas sector. Ultrasonic testing using ultrasonic equipment is a widely used advanced NDT process for identifying internal defects. Radiographic testing and industrial CT scanners are also employed for volumetric inspection of components in the aerospace sector and defense industry. Robotics and automated crawlers facilitate efficient NDT in hard-to-reach areas.
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The traditional methods segment was valued at USD 2.18 billion in 2018. Traditional NDT methods, such as visual inspection, liquid penetrant inspection, and magnetic particle inspection, continue to be essential for surface defect detection. The power generation industry also leverages NDT for internal and external corrosion inspection in pipelines. Virtual training programs and remote inspection technologies, including portable NDT devices and drones, enhance the efficiency and accessibility of NDT techniques. NDI and NDE are integral to maintaining the safety and reliability of infrastructure in the oil and gas, aerospace, construction, and power industries.
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North America is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In the Oil and Gas Industry, Non-Destructive Testing (NDT) plays a crucial role in ensuring the integrity and reliability of various equipment and structures. Ultrasonic inspection is a widely used NDT method for examining pressure systems, such as steam and gas turbines, in power generation applications, including those in nuclear power plants. Fuel rods and waste management facilities also undergo ultrasonic testing for flaw detection. Advanced NDT products, including Eddy current testing, are employed to inspect critical components in diverse industries, including Aerospace and Defense, Power and Energy, Automotive and Transportation, and Medical Tourism. Traditional testing services continue to be in demand for system failures, particularly in industries with high safety and reliability requirements. Inspection methods like ultrasonic testing and Eddy current testing are essential for detecting defects in various industries, from healthcare expenses related to Osteoarthritis and Degenerative disc disease to the maintenance of instrumentation and probes in industrial applications. These testing techniques contribute significantly to the early detection and prevention of potential system failures, ensuring safety, efficiency, and cost savings.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Acuren Corp. - The company offers NDT services in the oil and gas industry which includes Liquid Penetrant Testing, Ground Penetrating Radar, and others.
Technavio provides the ranking index for the top 20 companies along with insights on the market positioning of:
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Market structure |
Fragmented |
YoY growth 2023-2024 |
6.8 |
Non-destructive testing (NDT) plays a crucial role in ensuring material integrity in various industries, including oil and gas. NDT techniques, such as ultrasonic testing and radiographic testing, are widely used for fault detection in this sector. Ultrasonic equipment is commonly employed to identify internal defects, while industrial CT scanners help detect both internal and surface defects. Advanced NDT processes, including robotics and automated crawlers, are increasingly being adopted for inspection techniques in the oil and gas industry. These technologies enable efficient and accurate detection of defects in pipelines and other critical infrastructure. NDT is also essential in the aerospace sector and defense industry for ensuring material integrity in high-performance applications. NDT techniques, such as radiographic testing and visual inspection, are used to detect surface and internal defects. Liquid penetrant inspection is another NDT method used for detecting surface defects. Non-destructive inspection (NDI), non-destructive examination (NDE), and non-destructive evaluation (NDE) are interchangeable terms used to describe the various NDT techniques. The power industry also heavily relies on NDT for inspecting power plants and preventing internal corrosion and external corrosion. NDT equipment and training are essential for maintaining the safety and reliability of infrastructure in the oil and gas, power generation, and construction industries. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increased demand for NDT in oil and gas transportation is notably driving market growth. Non-destructive testing (NDT) plays a crucial role in the oil and gas industry, particularly in fault detection and ensuring material integrity in various applications. Ultrasonic testing using advanced NDT processes, such as ultrasonic equipment, is widely used for component testing in power generation and oil and gas industries to detect internal and surface defects. Radiographic testing and industrial CT scanners are also employed for volumetric inspection in the aerospace sector and defense industry for critical component evaluation.
Robotics and automated crawlers are utilized for pipeline inspection, enhancing efficiency and safety. Traditional NDT methods, including liquid penetrant inspection and magnetic particle inspection, continue to be relevant in visual inspection. The power industry focuses on preventing internal and external corrosion, while shale oil extraction necessitates rigorous NDT inspections. Remote inspection technologies, such as drone inspection, and portable NDT devices enable efficient and cost-effective inspections. Training programs and virtual training are essential for maintaining a skilled workforce to effectively implement NDT techniques. Thus, such factors are driving the growth of the market during the forecast period.
Integration of AI and ML in NDT devices is the key trend in the market. Non-destructive testing (NDT) plays a vital role in the oil and gas industry, ensuring material integrity and detecting faults in components and pipelines. Ultrasonic testing using ultrasonic equipment is a common NDT process, which identifies both surface and internal defects through the use of high-frequency sound waves. Advanced NDT processes, such as industrial CT scanners, offer volumetric inspection capabilities, providing detailed 3D image for comprehensive defect analysis. The aerospace sector and defense industry have long utilized NDT for fault detection, with robotics and automated crawlers facilitating component testing in harsh environments.
Traditional NDT methods, including radiographic testing and magnetic particle inspection, continue to be essential for various industries, including power generation and shale oil. Virtual training programs and remote inspection technologies, such as portable NDT devices and drone inspection, enable efficient and cost-effective inspections, reducing the need for on-site personnel. Power industry applications include the detection of internal and external corrosion in pipelines and turbines. The integration of artificial intelligence (AI) and machine learning (ML) in NDT devices is revolutionizing the industry, enhancing accuracy, efficiency, and predictive capabilities. AI analyzes vast amounts of data to identify patterns and predict potential failures, enabling preventive maintenance and reducing downtime. Thus, such trends will shape the growth of the market during the forecast period.
High initial cost of NDT is the major challenge that affects the growth of the market. Non-destructive testing (NDT) plays a crucial role in the oil and gas industry, enabling fault detection and ensuring material integrity in various applications. Ultrasonic testing, utilizing ultrasonic equipment, is a common NDT process for identifying internal defects. Advanced NDT processes, such as industrial CT scanners, are also employed for volumetric inspection and detecting complex defects. The aerospace sector and defense industry have long utilized NDT techniques for component testing, and the oil and gas industry is increasingly adopting these methods. Robotics and automated crawlers facilitate non-destructive inspection (NDI), non-destructive examination (NDE), and non-destructive evaluation (NDE) in challenging environments.
Traditional NDT methods, including radiographic testing, liquid penetrant inspection, and magnetic particle inspection, continue to be used alongside new technologies. The power generation industry, shale oil production, and pipeline inspection also benefit from NDT. Virtual training and remote inspection technologies, as well as portable NDT devices, enhance efficiency and accessibility. Despite the high initial cost of NDT equipment, its importance in detecting internal and surface defects, as well as ensuring material integrity, warrants investment in this critical technology. The oil and gas industry faces challenges with internal and external corrosion, and NDT is essential for preventing costly downtime and ensuring safety. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Non-destructive testing (NDT) plays a crucial role in ensuring material integrity in various industries, including oil and gas. NDT techniques, such as ultrasonic testing and radiographic testing, are widely used for fault detection in components and pipelines. Ultrasonic equipment is particularly effective in identifying internal defects, while industrial CT scanners are ideal for complex geometries. Advanced NDT processes, including robotics and automated crawlers, are increasingly being adopted for inspection in harsh environments. Traditional NDT methods, such as visual inspection, liquid penetrant inspection, and magnetic particle inspection, continue to be essential for surface defect detection. NDT is not limited to the oil and gas industry; it is also extensively used in the aerospace sector and defense industry for component testing. Power generation, shale oil, and construction industries also benefit from NDT inspection techniques to ensure material integrity and prevent catastrophic failures.
Further, NDT equipment manufacturers are investing in virtual training programs, remote inspection technologies, portable NDT devices, drone inspection, and volumetric inspection to enhance efficiency and reduce costs. NDT is essential for detecting internal corrosion, external corrosion, and other forms of material degradation in pipelines, ensuring the safety and reliability of infrastructure. Non-destructive inspection (NDI), non-destructive examination (NDE), and non-destructive evaluation (NDE) are interchangeable terms used to describe the process of inspecting materials and components without damaging them. NDT is a critical component of maintaining the safety and reliability of infrastructure in the power industry, oil and gas, aerospace, and construction sectors.
Market Scope |
|
Report Coverage |
Details |
Page number |
205 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.3% |
Market Growth 2024-2028 |
USD 1.57 billion |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 33% |
Key countries |
US, China, Saudi Arabia, India, Canada, UK, UAE, Germany, Russia, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Acuren Corp., Amerapex Corp., Applus Services Technologies SL, Ashtead technology, Baker Hughes Co., Bureau Veritas, Dakota Ultrasonics Corp., Dexon Technology PLC, Eddyfi Technologies, Evident Corp, FORCE Technology, Intertek Group Plc, Magnaflux, Mistras Group Inc., Phoenix Inspection Systems Ltd, SGS SA, Sonatest Ltd, Team Inc, TUV Rheinland AG, Vibrant NDT Services, Videray Technologies Inc., and Zetec Inc. |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, AI impact on market trends, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the market forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Method
9 Market Segmentation by Type
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
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