In this report, we covers the present scenario (with the base year being 2017) and the growth prospects of global Non-Destructive Testing Instruments market for 2018-2023.

This report studies the Non-Destructive Testing Instruments market, Non-destructive testing instruments are a wide group of equipment used in science and industry to evaluate the properties of a material, component or system without causing damage. Common NDT methods include ultrasonic, magnetic-particle, liquid penetrant, radiographic, remote visual inspection, eddy-current testing, and low coherence interferometry.

The United States is the largest market of Non-Destructive Testing Instruments, which occupies average 38.79 percent of global Non-Destructive Testing Instruments procedures per year. It is followed by Europe and Japan, which have around 43 percent of the global total industry. Other main regions which take important part in this industry include China and some Industrial countries.

According to the research, the most potential market in the main countries of Non-Destructive Testing Instruments industry is China, determined by its rapid growth of economy. Besides, Southeast Asia, Japan and India should also be focused by the investors. They are the potential consumers of Non-Destructive Testing Instruments. India is also a rapidly developing economy.

The market of the Non-Destructive Testing Instruments is growing fast due to people’s more concentration on safety. Although the market scale is still limited at present, but the potential is considerable.

Over the next five years, our projects that Non-Destructive Testing Instruments will register a 5.8% CAGR in terms of revenue, reach US$ 5180 million by 2023, from US$ 3690 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Non-Destructive Testing Instruments market by product type, application, key manufacturers and key regions.

To calculate the market size, we considers value and volume generated from the sales of the following segments:

Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology

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Segmentation by product type:

Ultrasonic Test Equipment
Magnetic Particle Test Equipment
Visual Inspection Equipment
Radiography Test Equipment
Penetrant Test Equipment
Others
Segmentation by application:

Aerospace & Defense Industry
Automotive Industry
Oil & Gas Industry
Infrastructure Industry
Power Generation Industry
Others
This report also splits the market by region:

Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report:

General Electric
Olympus Corporation
Mistras
Nikon
Magnaflux
YXLON
Fujifilm
Sonatest
Zetec, Inc
Bosello High Technology srl
Union
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Non-Destructive Testing Instruments consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Non-Destructive Testing Instruments market by identifying its various subsegments.
Focuses on the key global Non-Destructive Testing Instruments manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Non-Destructive Testing Instruments with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Non-Destructive Testing Instruments submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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