Market Research Insights

  San Francisco, 21 January 2025:  The Report  Non-destructive Testing Market  Size, Share & Trends Analysis Report By Offering (Services, Equipment), By Test Methods (Traditional NDT Method, Digital/Advanced NDT Method), By Vertical, By Region, And Segment Forecasts, 2024 - 2030 The global non-destructive testing market size is anticipated to reach USD 34,148.1 million by 2030, registering a CAGR of 7.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is expected to experience substantial growth during the forecast period. This growth can be attributed to the increasing manufacturing activities in both developing and developed nations. The application of non-destructive testing (NDT) plays a crucial role in precise fault detection, effectively reducing the probability of product/component failures and associated repair costs. NDT also accelerates the manufacturing process by eliminating potential faults beforehand. ...

  San Francisco, 15 June 2021:   The Report  Non-destructive Testing Market  Size, Share & Trends Analysis Report By Test Method (Visual, Magnetic Particle, Liquid Penetrant, Radiographic), By Offering, By Vertical (Manufacturing, Construction, Automotive), And Segment Forecasts, 2021 - 2028 The global non-destructive testing market size is anticipated to reach USD 22.9 billion by 2028, registering a CAGR of 6.7% over the forecast period, according to a new report by Grand View Research, Inc. The market is anticipated to witness significant growth over the forecast period. The growth is ascribed to the increasing manufacturing in the developing as well as developed nations. The use of non-destructive testing (NDT) helps in detecting the faults precisely, reducing the product/component failure probability as well as costs incurred in the repairs of the components. The use of NDT also speeds up the process of manufacturing as the possible faults are elimi...