Non-Destructive Testing (NDT) Market To Witness Massive Growth
Non-Destructive Testing (NDT) Industry
The global non-destructive testing (NDT) market was valued at an impressive USD 20,019.5 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.9% from 2023 to 2030. This anticipated growth is primarily driven by the increasing manufacturing activities occurring across both developing and developed nations, which are expected to bolster the demand for NDT services. Additionally, the rapid pace of technological innovations in the field has facilitated the development of advanced non-destructive testing processes that significantly enhance safety and fault detection capabilities. As manufacturers become more aware of the benefits associated with the application of non-destructive testing techniques, it is anticipated that there will be a notable increase in the penetration and utilization of these methods in various sectors over the coming years.
The implementation of NDT techniques in projects offers substantial advantages, including expedited completion times, as they enable the early detection of faults in complex areas and on irregular surfaces. By identifying potential issues before they escalate into significant problems, NDT minimizes the risk of failures, thereby driving demand for these testing methods in the near future. Among the various NDT techniques, the ultrasonic test method is gaining traction due to its ease of operation and high efficiency in fault detection compared to other available NDT equipment. Furthermore, advancements anticipated in ultrasonic technology over the next eight years are likely to further enhance the adoption of this testing procedure, making it an increasingly popular choice among manufacturers.
The overall non-destructive testing market is projected to experience significant growth throughout the forecast period, largely attributable to rising urbanization in developing countries such as India and China. These nations are undergoing extensive construction and manufacturing projects, which inherently require stringent quality assurance measures. The fast-paced nature of these projects necessitates the implementation of effective testing processes, which is expected to positively influence the growth of non-destructive testing techniques in these regions. As a result, this trend is likely to enhance the global market penetration of NDT, further solidifying its importance in ensuring quality and safety across various industries.
Gather more insights about the market drivers, restrains and growth of the Non-Destructive Testing (NDT) Market
Test Methods Insights
Types of Non-Destructive Testing (NDT) Methods:
- Two main categories:
- Traditional NDT methods
- Digital/Advanced NDT methods
Traditional NDT Methods:
- Dominated the market with a revenue share of over 80% in 2022.
- Market growth driven by the increasing use of traditional NDT methods for various applications.
- Common traditional NDT techniques include:
- Visual Testing
- Magnetic Particle Testing
- Liquid Penetrant Testing
- Eddy Current Testing
- Ultrasonic Testing
- Radiographic Testing
- Ultrasonic Testing holds a prominent position among traditional NDT methods because of its:
- Portability and ease of use in various settings.
- Precise results, which make it preferable over other traditional techniques.
- The adoption of ultrasonic testing is growing rapidly and is anticipated to increase further in the coming years.
Digital/Advanced NDT Methods:
- Phased Array Ultrasonic Testing (PAUT) led the digital NDT segment, accounting for 20.0% share in 2023.
- The preference for PAUT over other digital NDT methods is due to its advanced capabilities.
- Key features of PAUT include:
- Detailed visualization capabilities that aid in identifying defect size, depth, shape, and orientation.
- Considered an enhanced version of ultrasonic testing, as it uses:
- Multiple transducers for better accuracy.
- UT probes with multiple smaller elements, enhancing defect detection and evaluation.
Order a free sample PDF of the Non-Destructive Testing (NDT) Market Intelligence Study, published by Grand View Research.
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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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