In 2019, NDT inspection services are probably going to hold the largest market share. The primary objective of NDT techniques is to examine things, materials, equipment, and structures for flaws so that they can be fixed quickly and affordably. Since training NDT technicians to keep them abreast of new technological trends and make them aware of the customers’ changing demands is equally important, it is likely that training services will continue to grow with the highest CAGR during the forecast period and take the second-largest market share after inspection services.
The market for eddy-current testing technology is anticipated to expand significantly between 2020 and 2025. The surface and alloy content, subsurface cracks and seams, conductivity, variations in heat treatment, crack depth, coating thickness, and permeability are all measured or identified using this method. It is primarily used in service environments that examine safety or quality-related issues in the aerospace and manufacturing verticals. Eddy-current testing is a technique used to examine discontinuities in metal tubes and surface-breaking cracks in metals.
However, the Covid-19 pandemic is causing end-user industries like the automotive, oil and gas, and construction to experience a decline in demand, as a result of lockdown and other social segregation norms. The impact of Covid-19 on gross value added in the manufacturing, mining, and construction sectors has been estimated by the Ministry of Statistic and Program Institute (MOSPI) of India to be -13.3%, -6.3%, and -14.7%, respectively. Thus, the NDT activities’ demand has decreased as a result of these industries’ declining growth, which is having an effect on the market’s expansion.
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Key players in the global Non-Destructive Testing (Ndt) Equipment market
SEC
Shimadzu
Fujifilm
DanDong HuaRI Science Electric
Shenzhen Zoan
Dandong NDT Equipment
Comet
QSA Global
Spellman
Teledyne Dalsa
Marietta
Rigaku
Vidisco
on the basis of types, the Non-Destructive Testing (Ndt) Equipment market
Portable
Stationary
on the basis of applications, the Non-Destructive Testing (Ndt) Equipment market
Oil and Gas
Aerospace and Defense
Automotive
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions
North America
United States
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific
China
Japan
South Korea
Australia
India
South America
Brazil
Argentina
Columbia
Middle East and Africa
UAE
Egypt
South Africa
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