Non Destructive Testing and Inspection Market Forecasts to 2030 - Global Analysis By Method, Service, Technique, End User and by Geography

According to Stratistics MRC, the Global Non Destructive Testing and Inspection Market is accounted for $16.04 billion in 2024 and is expected to reach $26.25 billion by 2030 growing at a CAGR of 8.56% during the forecast period. Non-Destructive Testing (NDT) and Inspection is an essential procedure used in many different industries to assess a material's, components, or system's properties without causing harm. In applications like aerospace, construction, oil and gas, and manufacturing, NDT techniques like magnetic particle, radiography, and ultrasonic testing ensure safety and dependability by detecting flaws, fractures, or inconsistencies in structures.

According to the American Society for Non-destructive Testing (ASNT), over 80% of aerospace components undergo NDT before entering service, emphasizing the critical role of NDT in ensuring safety, quality, and reliability in the aerospace industry.

Market Dynamics:

Driver:

Soaring regulation requirements

Regulations are constantly being updated and enforced by governments and international organizations to guarantee quality and safety in a variety of industries. The International Organization for Standardization (ISO) and the American Society for Testing and Materials (ASTM) are two organizations that, for example, set standards that specify the minimal requirements for NDT procedures. These regulations, which frequently call for frequent inspections and certifications, particularly affect the oil and gas, aerospace, automotive, and construction industries. Moreover, adoption of NDT procedures is accelerated by the fact that adhering to these standards not only improves safety but also shields businesses from penalties and legal risks.

Restraint:

Exorbitant start-up and running expenses

The high initial cost of sophisticated testing tools and technologies is one of the NDT market's biggest obstacles. Large sums of money must be invested in order to acquire complex systems like radiography inspection equipment or ultrasonic testing machines. High-end NDT systems, for instance, can run into the hundreds of thousands of dollars, which small and medium-sized businesses (SMEs) or sectors with tight budgets may find prohibitive. Furthermore, the continuous operating expenses related to skilled labor, maintenance, and calibration also add to the financial strain.

Opportunity:

Increasing need for predictive maintenance

The need for NDT solutions that enable predictive maintenance is rising as more industries come to understand the value of proactive maintenance tactics. NDT is essential to asset management because it makes it possible to identify flaws, corrosion, and structural weaknesses in machinery and infrastructure early on. Additionally, sophisticated NDT techniques assist in locating possible pipeline integrity problems in the oil and gas industry before they result in expensive breakdowns or environmental risks. As businesses look to cut expenses while increasing operational efficiency, this trend is predicted to continue.

Threat:

Threats from alternative technologies

Traditional NDT techniques are under serious threat from the emergence of alternative inspection methods. The rapid and efficient provision of detailed insights is driving the adoption of advanced imaging technologies such as digital radiography and 3D scanning. By providing comparable or better results in some applications, these alternatives to traditional NDT methods have the potential to challenge them and change consumer preferences. Furthermore, traditional NDT suppliers may find it difficult to hold onto their market share if industries continue to look for quicker and more affordable solutions unless they innovate and modify their products accordingly.

Covid-19 Impact:

The COVID-19 pandemic had a major effect on the non-destructive testing (NDT) industry, upsetting international supply chains and resulting in sharp drops in the demand for NDT services and equipment across a range of industries. The production and delivery of vital NDT tools were hampered by the temporary closures and operational limitations that many manufacturing facilities experienced. Delays in procurement and inspections ensued from this, especially in industries where non-destructive testing (NDT) is essential to upholding safety and quality standards, like oil and gas, aerospace, and automotive. Moreover, the need for NDT services was further reduced by the curtailment of maintenance, repair, and new project activities due to travel restrictions and financial uncertainties.

The Volumetric Inspection segment is expected to be the largest during the forecast period

It is projected that the volumetric inspection segment will command the largest market share. This section is essential for evaluating the internal consistency of materials and structures, which is why it is so valuable in so many different industries, such as oil and gas, aerospace, and automotive. Volumetric inspection methods, like radiographic testing (RT) and ultrasonic testing (UT), are frequently used to find flaws in materials like inclusions, voids, and cracks without causing any harm. Additionally, volumetric inspection is becoming more and more necessary to ensure that components meet strict regulatory requirements, which is driven by the growing focus on quality assurance and safety standards in manufacturing processes.

The Calibration Services segment is expected to have the highest CAGR during the forecast period

The segment with the highest predicted CAGR is calibration services. The primary factor driving this growth is the growing demand for accuracy and precision in measurements across a range of industries, which makes routine calibration of NDT equipment necessary to guarantee adherence to industry standards. The need for calibration services is anticipated to grow as businesses work to improve their service offerings and uphold superior inspection procedures. Furthermore, the frequent calibration helps to maintain safety standards and supports informed decision-making by ensuring that equipment functions as intended and reducing the risks associated with inaccurate measurements.

Region with largest share:

The North American region is anticipated to hold the largest share of the non-destructive testing (NDT) market. Numerous factors contribute to this dominance, such as a well-established industrial infrastructure, strict safety and quality standards and regulations, and a strong focus on technological innovation across a range of industries, including oil and gas, aerospace, and automotive. For these industries to guarantee the integrity and dependability of their structures and components, NDT methods must be widely accepted. Moreover, bolstering North America's dominant position in the NDT market is the region's abundance of training facilities and knowledgeable workers.

Region with highest CAGR:

Due to the rapid industrialization and significant infrastructure development occurring in nations like China and India, the Asia-Pacific region is anticipated to witness the highest CAGR in the non-destructive testing (NDT) market during the forecast period. Growing manufacturing activity is the main driver of this expansion, especially in industries like aerospace, automotive, and energy where strict quality control standards are crucial. The need for sophisticated NDT methods to guarantee safety and adherence to global standards is growing as these sectors grow. Furthermore, the region's emphasis on improving asset integrity management and updating its infrastructure also encourages the use of NDT solutions.

Key players in the market

Some of the key players in Non Destructive Testing and Inspection market include GE Technologies, Ashtead Technology Ltd., Fischer Technology Inc., Nikon Metrology NV, Magnaflux GmbH, Hexagon AB, Baker Hughes Company, Cygnus Instruments Ltd., MISTRAS Group Inc., Eddyfi Technologies, Zetec Inc., Magwerks Corporation, Olympus Corporation, Intertek Group plc and MR Chemie GmbH.

Key Developments:

In June 2024, Baker Hughes, an energy technology company, announced that it has entered into a new 10-year services frame agreement with Woodside Energy to support its LNG operations in Australia. Under the multi-year services frame agreement, Baker Hughes will provide spare parts and field service resources for onsite turbomachinery equipment maintenance and upgrades, equipment refurbishment and advanced digital asset performance services.

In March 2024, Olympus announced that it has been awarded a contract for its advanced energy portfolio by Provista Inc. This new, nationwide agreement provides Provista members with negotiated pricing for Olympus(R) energy products, including the POWERSEAL(TM) sealer/divider, the SONICBEAT(TM) ultrasonic portfolio and THUNDERBEAT(TM) hybrid energy portfolio.

Methods Covered:

• Surface Inspection
• Volumetric Inspection
• Visual Inspection
• Other Methods

Services Covered:

• Training Services
• Calibration Services
• Inspection Services
• Equipment Rental Services

Techniques Covered:

• Visual Testing
• Magnetic Particle Testing
• Liquid Penetrant Testing
• Eddy-Current Testing
• Ultrasonic Testing
• Radiographic Testing
• Acoustic Emission Testing
• Other Techniques

End Users Covered:

• Automotive
• Oil and Gas
• Aerospace
• Power Generation
• Manufacturing
• Public Infrastructure
• Military
• Railroad
• Construction
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances