Increasing Construction Activities Driving Non-Destructive Testing and Inspection Market Growth

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Non-Destructive Testing and Inspection Market

The Population Division of the U.N. Department of Economic and Social Affairs predicts that the global urban population will rise by 2.5 billion by 2050, in comparison to the 2018 population. The 2018 Revision of World Urbanization Prospects reveals that nearly 68% of the world population will reside in urban localities by 2050. As per this report, 90% of this surge will be recorded in Asia and Africa. The rising urban population will result in the large-scale construction of residential and commercial structures globally.

Thus, the increasing construction activities will help the non-destructive testing and inspection market progress during 2021–2030. According to P&S Intelligence, the market generated a revenue of $9 billion in 2020. Construction companies use NDT inspection methods to detect and assist in the repair of corrosion and cracks to avoid any unprecedented damage. The adoption of this testing method helps prevent road or bridge closure or a potential catastrophic failure. Owing to these advantages of NDT and inspection methods, construction firms are using them for infrastructure inspection and structural health monitoring.

Moreover, the mounting investments being made in infrastructure development will also encourage the use of NDT and inspection methods in the coming years. The Ministry of Infrastructure of the government of Brazil plans to invest $1.06 billion in 20 airports, $0.41 billion in 2 ports, $10.72 billion in roadways, and $1.62 billion in railways in 2022. Likewise, the Indian government has allocated $1.4 trillion in infrastructure development, especially in the energy, railways, roads, and urban sectors, between 2019 and 2025.

In addition to the construction sector, the oil and gas, manufacturing, aerospace and defense, and automotive industries also use NDT and inspection components and services to identify and repair damages. In the coming years, end users will prefer ultrasonic testing, such as angle-beam testing, immersion ultrasound testing, and straight-beam testing, over radiographic testing, eddy current testing, virtual testing, liquid penetrant testing, and magnetic particle testing. High preference for ultrasound testing can be credited to their ability to identify defects in plastics, ceramics, metals, and composites accurately.

In contemporary times, the non-destructive testing and inspection market has been dominated by NDT Global GmbH, Cygnus Instruments Ltd., Fischer Technology Inc., Bosello High Technology srl, T.D. Williamson Inc., Sonatest, Eddyfi NDT Inc., Magnaflux Corporation, SGS S.A., Ashtead Technology, Nikon Corporation, MISTRAS Group Inc., Olympus Corporation, and General Electric Company. In recent years, these companies have engaged in the introduction of novel products and services. For example, in March 2021, Nikon Corporation introduced a new CT/X-ray system, which is equipped with half-turn CT, rotating target 2.0, auto filament control, local calibration, and quick-change features.

In the coming years, the APAC region will emerge as a significant user of NDT and inspection services, equipment, and methods. This will be on account of the improving infrastructure sector and increasing automation in the manufacturing industry of India and China. The aerospace and defense, oil and gas, and construction industries use these testing methods to ensure work quality and employee safety, as NDT helps protect staff and equipment and assists enterprises in following the regulations and requirements.

Therefore, the rising construction activities and soaring infrastructure investments will accelerate the use of NDT and inspection methods in the forthcoming years.

Key Players in Non-Destructive Testing and Inspection Market

  • General Electric Company
  • Olympus Corporation
  • YXLON International
  • Eddyfi NDT Inc.
  • MISTRAS Group Inc.
  • T.D. Williamson Inc.
  • Sonatest
  • Nikon Corporation
  • Bosello High Technology srl
  • Magnaflux Corporation
  • Cygnus Instruments Ltd.
  • Netec Inc.
  • NDT Global GmbH

Market Segmentation by Offering

  • Services
  • Equipment

Market Segmentation by Method

  • Visual Testing
    • General visual inspection
    • Aided visual inspection
  • Magnetic Particle Testing
  • Liquid Penetrant Testing
  • Eddy Current Testing
  • Ultrasonic Testing
    • Straight-beam testing
    • Angle-beam testing
    • Immersion ultrasound testing
    • Others
  • Radiographic Testing

Market Segmentation by Industry

  • Oil & Gas
  • Manufacturing
  • Aerospace & Defense
  • Construction
  • Automotive
  • Others

Market Segmentation by Region

  • North America NDT and Inspection Market
    • By offering
    • By method
    • By industry
    • By country – U.S. and Canada
  • Europe NDT and Inspection Market
    • By offering
    • By method
    • By industry
    • By country – Germany, France, U.K., Italy, Spain, and Rest of Europe
  • Asia-Pacific (APAC) NDT and Inspection Market
    • By offering
    • By method
    • By industry
    • By country – Japan, China, India, Australia, South Korea, and Rest of APAC
  • Latin America (LATAM) NDT and Inspection Market
    • By offering
    • By method
    • By industry
    • By country – Brazil, Mexico, and Rest of LATAM
  • Middle East and Africa (MEA) NDT and Inspection Market
    • By offering
    • By method
    • By industry
    • By country – Saudi Arabia, South Africa, and rest of MEA

Market Segment Analysis of Countries

  • Further breakdown of the 16 listed countries will be provided as per below segmentation:
    • By offering
    • By method
    • By industry

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About P&S Intelligence

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