Product Code: SE 2860
The NDT and inspection market is projected to reach USD 22.34 billion by 2030 from USD 14.99 billion in 2025 at a CAGR of 8.3% during the forecast period.
Scope of the Report |
Years Considered for the Study | 2021-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Billion) |
Segments | By Technique, Service, Vertical, Application, and Region |
Regions covered | North America, Europe, APAC, RoW |
Several factors are driving the robust growth of the NDT and inspection market. Increasing focus on asset integrity, public safety, and product quality, coupled with stringent regulations from bodies such as ASME, API, and ISO, is compelling industries to invest in advanced testing and inspection solutions. The aging infrastructure in developed regions and the surge in large-scale projects across oil & gas, aerospace, power generation, and automotive sectors further boost the demand for reliable NDT techniques. Technological advancements, including AI-driven analytics, IoT-enabled sensors, robotics, and digital twins, are transforming inspection processes by enabling real-time monitoring, predictive maintenance, and improved defect detection.

However, high costs associated with advanced NDT equipment, coupled with the shortage of skilled professionals and integration challenges with legacy systems, can restrain adoption. Additionally, limited awareness in emerging markets and the complexity of standardizing inspection processes across diverse industries pose further challenges to widespread market expansion.
"By technique, acoustic emission testing (AET) is expected to register the highest CAGR during the forecast period."
The acoustic emission testing (AET) segment is projected to register the highest CAGR in the NDT and inspection market during the forecast period, driven by its growing adoption for real-time structural health monitoring and early fault detection in critical assets. AET is increasingly favoured in industries such as oil & gas, power generation, aerospace, and public infrastructure due to its ability to detect dynamic changes like crack growth, corrosion, and material deformation under stress, which traditional NDT methods may not identify at an early stage.
The technique's compatibility with advanced digital technologies, including AI-based signal analysis, IoT-enabled sensors, and cloud-based data management, is further enhancing its accuracy and usability. AET systems enable continuous, non-invasive monitoring, reducing downtime and operational risks while supporting predictive maintenance strategies. Its applications are expanding rapidly in pipelines, pressure vessels, bridges, and wind turbines, where safety and reliability are critical.
The shift toward smart asset management and Industry 4.0 practices is accelerating the deployment of AET solutions. Key players in the market are focusing on developing portable, wireless, and automated AET systems that provide remote monitoring capabilities. As industries prioritize efficiency, safety, and cost optimization, AET is set to become a pivotal technology within the NDT and inspection landscape.
By service, the inspection services segment is projected to account for the largest market share during the forecast period."
The inspection services segment is expected to hold the largest share of the NDT and inspection market during the forecast period, driven by the growing demand for outsourced expertise, cost efficiency, and compliance with stringent safety and quality standards. Inspection services are critical across industries such as oil & gas, aerospace, power generation, automotive, and infrastructure, where ensuring asset integrity and operational safety is paramount. These services involve a wide range of NDT techniques, including ultrasonic testing (UT), radiographic testing (RT), magnetic particle testing (MPT), and eddy-current testing (ECT), which enable accurate defect detection without damaging critical components.
The rising complexity of industrial assets and the growing need for predictive maintenance are encouraging companies to rely on specialized service providers that offer advanced inspection solutions integrated with AI, IoT, and digital twin technologies. Additionally, the adoption of drones, robotics, and automated inspection platforms is enhancing the efficiency and safety of field operations, especially in hazardous or remote environments. Many companies are turning to third-party inspection services to ensure regulatory compliance with standards set by ASME, ISO, and other global bodies, while minimizing downtime and operational risks. With rapid industrialization and infrastructure development in emerging markets, the demand for professional inspection services is expected to grow steadily, reinforcing its dominant position in the NDT and inspection market.
"Asia Pacific is projected to account for the second-largest market share during the forecast period."
The Asia Pacific region is projected to hold the second-largest share of the global NDT and inspection market during the forecast period, driven by rapid industrialization, expanding infrastructure, and stringent safety regulations across key industries. Countries such as China, India, Japan, South Korea, and Australia are witnessing significant investments in sectors like oil & gas, power generation, aerospace, and automotive, all of which require advanced inspection technologies to ensure operational safety, quality, and compliance with international standards.
Government initiatives promoting infrastructure modernization, coupled with growing energy demand and pipeline development projects, are boosting the adoption of non-destructive testing methods such as ultrasonic testing (UT), radiographic testing (RT), and eddy-current testing (ECT). Additionally, the rapid growth of renewable energy projects, particularly wind and solar, is driving the need for structural health monitoring and predictive maintenance.
Asia Pacific is also emerging as a hub for manufacturing and exports, which is increasing the demand for advanced, cost-efficient inspection solutions. Local players, in collaboration with global NDT companies, are expanding their service capabilities by integrating AI, IoT, and robotics to enhance accuracy and reduce downtime. With its dynamic industrial base and supportive regulatory frameworks, Asia Pacific continues to be a key growth engine for the global NDT and inspection market.
Break-up of the profile of primary participants in the NDT and inspection market:
- By Company Type: Tier 1 - 25%, Tier 2 - 35%, Tier 3 - 40%
- By Designation Type: C Level - 40%, Director Level - 30%, Others - 30%
- By Region: North America - 35%, Europe - 30%, Asia Pacific - 25%, Rest of the World - 10%
Note: Other designations include sales, marketing, and product managers.
The three tiers of the companies are based on their total revenues as of 2024; Tier 1: >USD 1 billion, Tier 2: USD 500 million-1 billion, and Tier 3: USD 500 million
The major players in the NDT and inspection market with a significant global presence include SGS Societe Generale de Surveillance SA (SGS SA) (Switzerland), Bureau Veritas (France), Baker Hughes Company (US), Applus+ (Spain), and Intertek Group plc (UK).
Research Coverage
The report segments the NDT and inspection market and forecasts its size by technique, service, vertical, application, and region. It also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing the market growth. The report covers qualitative aspects in addition to quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall NDT and inspection market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (Implementation of stringent safety regulations to ensure public safety and product quality, Increased adoption in electronics, automation, and robotics industries to extend equipment lifespan, enhance production efficiency, and improve product quality , Growing use of AI and IoT technologies in NDT and inspection, Increased demand for structural health monitoring and maintenance of infrastructure), restraints (Lack of skilled technicians for conducting NDT and inspection, High cost of NDT equipment and related technologies), opportunities (Extensive infrastructure development in Asia Pacific, Europe, and South America, Growing demand for NDT and inspection services in power industry, Advancements in NDT and inspection techniques and emergence of new technologies, Growing demand for miniaturized and portable NDT devices, Growing emphasis on sustainability and eco-friendly practices), and challenges (Growing complexity of industrial structures and machines, High replacement costs associated with automated NDT and inspection equipment)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product/service launches, agreements, partnerships, collaborations, acquisitions, and investments in the NDT and inspection market
- Market Development: Comprehensive information about lucrative markets - the report analyses the NDT and inspection market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the NDT and inspection market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product/service offerings of leading players, such as SGS Societe Generale de Surveillance SA (SGS SA) (Switzerland), Bureau Veritas (France), Baker Hughes Company (US), Applus+ (Spain), Intertek Group plc (UK), MISTRAS Group (US), TUV Rheinland (Germany), DEKRA (Germany), Evident (US), and Ashtead Technology (UK)
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
- 1.3.2 INCLUSIONS AND EXCLUSIONS
- 1.3.3 YEARS CONSIDERED
- 1.4 CURRENCY CONSIDERED
- 1.5 UNIT CONSIDERED
- 1.6 STAKEHOLDERS
- 1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY AND PRIMARY RESEARCH
- 2.1.2 SECONDARY DATA
- 2.1.2.1 List of key secondary sources
- 2.1.2.2 Key data from secondary sources
- 2.1.3 PRIMARY DATA
- 2.1.3.1 Key data from primary sources
- 2.1.3.2 Breakdown of primaries
- 2.1.3.3 Key industry insights
- 2.2 MARKET SIZE ESTIMATION METHODOLOGY
- 2.2.1 BOTTOM-UP APPROACH
- 2.2.1.1 Approach to derive market size using bottom-up analysis
- 2.2.2 TOP-DOWN APPROACH
- 2.2.2.1 Approach to derive market size using top-down analysis
- 2.3 MARKET SHARE ESTIMATION
- 2.4 DATA TRIANGULATION
- 2.5 RISK ASSESSMENT
- 2.6 RESEARCH ASSUMPTIONS
- 2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NDT AND INSPECTION MARKET
- 4.2 NDT AND INSPECTION MARKET, BY TECHNIQUE
- 4.3 NDT AND INSPECTION MARKET, BY SERVICE
- 4.4 NDT AND INSPECTION MARKET, BY VERTICAL
- 4.5 NDT AND INSPECTION MARKET, BY REGION
- 4.6 NDT AND INSPECTION MARKET, BY COUNTRY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Implementation of stringent safety regulations to ensure public safety and product quality
- 5.2.1.2 Expansion of industrial automation and robotics in inspection
- 5.2.1.3 Growing adoption of AI, IoT, and digital twin technologies
- 5.2.1.4 Rising demand for structural health monitoring of aging infrastructure
- 5.2.1.5 Expansion of subscription-based and service-driven models
- 5.2.1.6 Increasing demand for remote and contactless inspection solutions
- 5.2.2 RESTRAINTS
- 5.2.2.1 Shortage of skilled technicians for advanced NDT operations
- 5.2.2.2 High cost of NDT equipment and related technologies
- 5.2.2.3 Legacy system incompatibility hampering scalable integration of advanced NDT solutions
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Growing demand for NDT and inspection services in renewable energy and power sectors
- 5.2.3.2 Growing demand for miniaturized and portable NDT devices
- 5.2.3.3 Emphasis on eco-friendly and digitalized inspection solutions
- 5.2.4 CHALLENGES
- 5.2.4.1 Increasing complexity of modern industrial structures and materials
- 5.2.4.2 High replacement and upgrade costs
- 5.2.4.3 Cybersecurity risks in IoT-enabled NDT systems
- 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.4 PRICING ANALYSIS
- 5.4.1 AVERAGE SELLING PRICE OF ULTRASONIC TESTING TECHNIQUES
- 5.4.2 AVERAGE SELLING PRICE TREND OF ULTRASONIC TESTING TECHNIQUES, 2021-2024
- 5.4.3 AVERAGE SELLING PRICE TREND OF ULTRASONIC TESTING TECHNIQUES, BY REGION, 2021-2024
- 5.5 VALUE CHAIN ANALYSIS
- 5.6 ECOSYSTEM ANALYSIS
- 5.7 TECHNOLOGY ANALYSIS
- 5.7.1 KEY TECHNOLOGIES
- 5.7.1.1 Real-time NDT with IoT integration
- 5.7.2 COMPLEMENTARY TECHNOLOGIES
- 5.7.2.1 Artificial intelligence (AI) for defect detection
- 5.7.2.2 Data analytics & cloud platforms
- 5.7.2.3 Green NDT technologies
- 5.7.3 ADJACENT TECHNOLOGIES
- 5.7.3.1 Drone-based inspection
- 5.7.3.2 Robotics & crawlers
- 5.7.3.3 Digital twins
- 5.8 PATENT ANALYSIS
- 5.9 TRADE ANALYSIS
- 5.9.1 IMPORT SCENARIO (HS CODE 9031)
- 5.9.2 EXPORT SCENARIO (HS CODE 9031)
- 5.10 KEY CONFERENCES AND EVENTS, 2025-2026
- 5.11 CASE STUDY ANALYSIS
- 5.11.1 PIPELINE OPERATOR ENHANCED PIPELINE INTEGRITY BY DEPLOYING ADVANCED INSPECTION TECHNOLOGIES BY NDT GLOBAL
- 5.11.2 INSPECTION INNERSPEC TECHNOLOGIES INC. INTRODUCED INNOVATIVE NDT TECHNOLOGIES FOR INSPECTION AND MONITORING OF BOLT LOAD IN SERVICE
- 5.11.3 NDT GLOBAL REVOLUTIONIZED NGL PIPELINE INSPECTION WITH ADVANCED ULTRASONIC CRACK DETECTION TECHNOLOGY
- 5.12 TARIFF AND REGULATORY LANDSCAPE
- 5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.13 PORTER'S FIVE FORCES ANALYSIS
- 5.13.1 INTENSITY OF COMPETITIVE RIVALRY
- 5.13.2 THREAT OF NEW ENTRANTS
- 5.13.3 THREAT OF SUBSTITUTES
- 5.13.4 BARGAINING POWER OF BUYERS
- 5.13.5 BARGAINING POWER OF SUPPLIERS
- 5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.14.2 BUYING CRITERIA
- 5.15 IMPACT OF AI/GEN AI ON NDT AND INSPECTION MARKET
- 5.16 IMPACT OF 2025 US TARIFF ON NDT AND INSPECTION MARKET - OVERVIEW
- 5.16.1 PRICE IMPACT ANALYSIS
- 5.16.2 KEY IMPACTS ON VARIOUS COUNTRIES/REGIONS
- 5.16.2.1 US
- 5.16.2.2 Europe
- 5.16.2.3 Asia Pacific
- 5.16.3 IMPACT ON END-USE VERTICALS
6 APPLICATIONS OF NDT AND INSPECTION
- 6.1 INTRODUCTION
- 6.2 FLAW DETECTION
- 6.3 STRESS AND STRUCTURE ANALYSIS
- 6.4 LEAK DETECTION
- 6.5 DIMENSIONAL MEASUREMENT
- 6.6 PHYSICAL PROPERTIES ESTIMATION
- 6.7 WELD VERIFICATION
- 6.8 CHEMICAL COMPOSITION DETERMINATION
- 6.8.1 PLASMA EMISSION SPECTROGRAPH
- 6.8.2 CORROSION RESISTANCE TESTING
- 6.9 OTHER APPLICATIONS
7 NDT AND INSPECTION MARKET, BY TECHNIQUE
- 7.1 INTRODUCTION
- 7.2 ULTRASONIC TESTING
- 7.2.1 ADOPTION OF SMART ULTRASONIC NDT GAINING MOMENTUM WITH PHASED ARRAY, TOFD, AND AI INTEGRATION
- 7.2.2 STRAIGHT BEAM TESTING
- 7.2.3 ANGLE BEAM TESTING
- 7.2.4 IMMERSION TESTING
- 7.2.5 PHASED ARRAY TESTING
- 7.2.6 TIME-OF-FLIGHT DIFFRACTION (TOFD)
- 7.2.7 GUIDED WAVE TESTING
- 7.3 VISUAL TESTING
- 7.3.1 NEED FOR CONTACTLESS INSPECTION IN CONFINED OR HAZARDOUS ENVIRONMENTS TO DRIVE MARKET
- 7.3.2 GENERAL VISUAL INSPECTION
- 7.3.3 AIDED VISUAL INSPECTION
- 7.3.4 BORESCOPES
- 7.3.5 ENDOSCOPES
- 7.3.6 VIDEOSCOPES
- 7.4 MAGNETIC PARTICLE TESTING
- 7.4.1 HIGH DEMAND IN OIL & GAS INDUSTRY FOR PIPELINE INSPECTION TO DRIVE GROWTH
- 7.5 LIQUID PENETRANT TESTING
- 7.5.1 EXPANSION OF ADDITIVE MANUFACTURING SECTOR FUELING MARKET GROWTH
- 7.6 EDDY-CURRENT TESTING
- 7.6.1 RISING UPTAKE OF ELECTROMAGNETIC PROBES TO FUEL MARKET GROWTH
- 7.6.2 ALTERNATING CURRENT FIELD MEASUREMENT (ACFM)
- 7.6.3 REMOTE FIELD TESTING (RFT)
- 7.6.4 EDDY-CURRENT ARRAY (ECA)
- 7.7 RADIOGRAPHIC TESTING
- 7.7.1 ADOPTION OF ADVANCED IMAGING TOOLS CREATING SEGMENTAL GROWTH OPPORTUNITIES
- 7.7.2 X-RAY TESTING
- 7.7.3 GAMMA RAY TESTING
- 7.7.4 COMPUTED RADIOGRAPHY
- 7.7.5 FILM RADIOGRAPHY
- 7.7.6 DIRECT RADIOGRAPHY (REAL TIME)
- 7.8 ACOUSTIC EMISSION TESTING
- 7.8.1 RISING DEMAND FOR REAL-TIME STRUCTURAL MONITORING BOOSTING ADOPTION OF ACOUSTIC EMISSION TESTING
- 7.9 OTHER TECHNIQUES
- 7.9.1 TERAHERTZ IMAGING
- 7.9.2 NEAR-INFRARED SPECTROSCOPY
8 NDT AND INSPECTION MARKET, BY SERVICE
- 8.1 INTRODUCTION
- 8.2 INSPECTION SERVICES
- 8.2.1 RISING ADOPTION OF REMOTE & INLINE PIPELINE INSPECTION SERVICES TO DRIVE SCALABLE GROWTH
- 8.2.2 ULTRASONIC INSPECTION
- 8.2.3 RADIOGRAPHIC INSPECTION
- 8.2.4 VISUAL INSPECTION
- 8.2.5 MAGNETIC PARTICLE INSPECTION
- 8.2.6 ADVANCED EDDY-CURRENT INSPECTION
- 8.2.7 LIQUID PENETRANT INSPECTION
- 8.3 EQUIPMENT RENTAL SERVICES
- 8.3.1 CLOUD-ENABLED RENTAL PLATFORMS AND ASSET-LIGHT STRATEGIES ACCELERATING ADOPTION
- 8.4 CALIBRATION SERVICES
- 8.4.1 DEVELOPMENT OF ROBOTIC AND DIGITAL CALIBRATION SYSTEMS TO FUEL MARKET GROWTH
- 8.5 OTHER SERVICES
9 NDT AND INSPECTION MARKET, BY VERTICAL
- 9.1 INTRODUCTION
- 9.2 MANUFACTURING
- 9.2.1 RISING DEMAND FROM MINING AND SHIPBUILDING INDUSTRIES DRIVING ADOPTION
- 9.3 OIL & GAS
- 9.3.1 AGING PIPELINE INFRASTRUCTURE AND ENERGY TRANSITION DRIVING NDT ADOPTION IN OIL & GAS SECTOR
- 9.3.2 REFINERIES
- 9.3.3 TRANSMISSION PIPELINES
- 9.3.4 SUBSEA PIPELINES
- 9.3.5 STORAGE TANKS
- 9.3.6 ADVANCED NDT TECHNIQUES USED IN OIL & GAS VERTICAL
- 9.3.6.1 Long-range ultrasonic technique (LRUT)
- 9.3.6.2 Positive metal identification technique
- 9.4 AEROSPACE
- 9.4.1 RISING ADOPTION OF ADVANCED ULTRASONIC AND BOND INSPECTION METHODS DRIVING MARKET GROWTH
- 9.4.2 AIRCRAFT ENGINE PART PRODUCTION
- 9.4.3 COMPOSITE AIRFRAME MANUFACTURING
- 9.4.4 AIRCRAFT MAINTENANCE
- 9.4.5 MATERIAL ANALYSIS
- 9.4.6 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN AEROSPACE VERTICAL
- 9.4.6.1 Dynamic thermography
- 9.4.6.2 Air-coupled ultrasound
- 9.4.6.3 Dynamic interferometry
- 9.5 PUBLIC INFRASTRUCTURE
- 9.5.1 SMART CITY INVESTMENTS AND RESILIENCE INITIATIVES FUELING ADOPTION OF NDT AND INSPECTION TECHNOLOGIES
- 9.5.2 MILITARY & DEFENSE
- 9.5.3 AIRPORT SECURITY
- 9.5.4 RAILWAYS
- 9.5.5 BRIDGES AND TUNNELS
- 9.5.6 BORDER CROSSING
- 9.5.7 NUCLEAR WASTE STORAGE AND DECOMMISSIONING
- 9.5.8 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN PUBLIC INFRASTRUCTURE VERTICAL
- 9.5.8.1 Impact echo
- 9.5.8.2 Ground penetrating radars (GPRs)
- 9.6 AUTOMOTIVE
- 9.6.1 SURGING AUTOMOTIVE SAFETY STANDARDS DRIVING ADOPTION OF ADVANCED NDT SOLUTIONS
- 9.6.2 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN AUTOMOTIVE VERTICAL
- 9.6.2.1 High-energy digital radiography
- 9.7 POWER
- 9.7.1 AGING POWER INFRASTRUCTURE AND EXPANDING RENEWABLE INSTALLATIONS FUELING MARKET GROWTH
- 9.7.2 NUCLEAR POWER PLANTS
- 9.7.3 WIND TURBINES
- 9.7.4 SOLAR POWER
- 9.7.5 FOSSIL FUEL ENERGY PLANTS
- 9.7.6 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN POWER VERTICAL
- 9.7.6.1 Galvano static pulse measurement
- 9.7.6.2 Ultrasonic pulse echo testing
- 9.8 OTHER VERTICALS
- 9.8.1 MARINE
- 9.8.2 MEDICAL & HEALTHCARE
- 9.8.3 PLASTICS & POLYMERS
10 NDT AND INSPECTION MARKET, BY REGION
- 10.1 INTRODUCTION
- 10.2 NORTH AMERICA
- 10.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
- 10.2.2 US
- 10.2.2.1 Rising defense expenditures and aircraft production to fuel market growth
- 10.2.3 CANADA
- 10.2.3.1 Increasing demand for advanced material testing to drive market
- 10.2.4 MEXICO
- 10.2.4.1 Strong emphasis on urban mobility and expansion of natural gas pipeline network to fuel market growth
- 10.3 EUROPE
- 10.3.1 MACROECONOMIC OUTLOOK FOR EUROPE
- 10.3.2 UK
- 10.3.2.1 Growth in aircraft export to support market growth
- 10.3.3 GERMANY
- 10.3.3.1 Growing demand in automotive vertical to drive market
- 10.3.4 FRANCE
- 10.3.4.1 Increased demand in aerospace vertical to fuel market growth
- 10.3.5 ITALY
- 10.3.5.1 Expansion of oil refining capacity and shale gas development to drive market
- 10.3.6 SPAIN
- 10.3.6.1 Rising industrial investments and advancements in aerospace sector to fuel market growth
- 10.3.7 POLAND
- 10.3.7.1 Manufacturing sector expansion and power infrastructure upgrades to drive market
- 10.3.8 NORDICS
- 10.3.8.1 Renewable energy projects and innovation in aerospace sector to accelerate demand
- 10.3.9 REST OF EUROPE
- 10.4 ASIA PACIFIC
- 10.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
- 10.4.2 CHINA
- 10.4.2.1 Rapid infrastructure development and expanding automotive sector to drive demand
- 10.4.3 JAPAN
- 10.4.3.1 Expanding nuclear power generation sector to propel market
- 10.4.4 INDIA
- 10.4.4.1 Increased demand in manufacturing sector to drive market
- 10.4.5 SOUTH KOREA
- 10.4.5.1 Defense modernization and strong automotive sector to support market growth
- 10.4.6 AUSTRALIA
- 10.4.6.1 Energy projects and mining investments strengthening market outlook
- 10.4.7 INDONESIA
- 10.4.7.1 Expansion of oil & gas sector and infrastructure boom to fuel demand
- 10.4.8 MALAYSIA
- 10.4.8.1 Strong oil & gas sector and increased investments in aerospace to drive market growth
- 10.4.9 THAILAND
- 10.4.9.1 Expansion of automotive sector and infrastructure modernization fueling demand
- 10.4.10 VIETNAM
- 10.4.10.1 Government initiatives to support economic development fueling market growth
- 10.4.11 REST OF ASIA PACIFIC
- 10.5 ROW
- 10.5.1 MACROECONOMIC OUTLOOK FOR ROW
- 10.5.2 MIDDLE EAST
- 10.5.2.1 High investment in infrastructure development to drive market
- 10.5.2.2 GCC countries
- 10.5.2.2.1 Increasing infrastructure development to support market growth
- 10.5.2.3 Rest of Middle East
- 10.5.3 AFRICA
- 10.5.3.1 Booming power sector to fuel demand during forecast period
- 10.5.4 SOUTH AMERICA
- 10.5.4.1 Rising demand in oil & gas and power verticals to drive market
11 COMPETITIVE LANDSCAPE
- 11.1 OVERVIEW
- 11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020-2025
- 11.3 MARKET SHARE ANALYSIS, 2024
- 11.4 REVENUE ANALYSIS, 2020-2024
- 11.5 COMPANY VALUATION AND FINANCIAL METRICS, 2025
- 11.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
- 11.6.1 COMPANY EVALUATION MATRIX: NDT AND INSPECTION SERVICES MARKET, 2024
- 11.6.1.1 Stars
- 11.6.1.2 Emerging leaders
- 11.6.1.3 Pervasive players
- 11.6.1.4 Participants
- 11.6.2 COMPANY EVALUATION MATRIX: NDT AND INSPECTION EQUIPMENT MARKET, 2024
- 11.6.2.1 Stars
- 11.6.2.2 Emerging leaders
- 11.6.2.3 Pervasive players
- 11.6.2.4 Participants
- 11.6.3 COMPANY FOOTPRINT: KEY PLAYERS, 2024
- 11.6.3.1 Company footprint
- 11.6.3.2 Region footprint
- 11.6.3.3 Service footprint
- 11.6.3.4 Vertical footprint
- 11.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
- 11.7.1 PROGRESSIVE COMPANIES
- 11.7.2 RESPONSIVE COMPANIES
- 11.7.3 DYNAMIC COMPANIES
- 11.7.4 STARTING BLOCKS
- 11.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
- 11.7.5.1 Detailed list of key startups/SMEs
- 11.7.5.2 Competitive benchmarking of key startups/SMEs
- 11.8 BRAND/PRODUCT COMPARISON
- 11.9 COMPETITIVE SCENARIO
- 11.9.1 PRODUCT/SERVICE LAUNCHES
- 11.9.2 DEALS
- 11.9.3 EXPANSIONS
- 11.9.4 OTHER DEVELOPMENTS
12 COMPANY PROFILES
- 12.1 INTRODUCTION
- 12.2 KEY PLAYERS
- 12.2.1 SGS SOCIETE GENERALE DE SURVEILLANCE SA
- 12.2.1.1 Business overview
- 12.2.1.2 Products/Solutions/Services offered
- 12.2.1.3 Recent developments
- 12.2.1.4 MnM view
- 12.2.1.4.1 Key strengths
- 12.2.1.4.2 Strategic choices
- 12.2.1.4.3 Weaknesses and competitive threats
- 12.2.2 BUREAU VERITAS
- 12.2.2.1 Business overview
- 12.2.2.2 Products/Solutions/Services offered
- 12.2.2.3 Recent developments
- 12.2.2.4 MnM view
- 12.2.2.4.1 Key strengths
- 12.2.2.4.2 Strategic choices
- 12.2.2.4.3 Weaknesses and competitive threats
- 12.2.3 BAKER HUGHES COMPANY
- 12.2.3.1 Business overview
- 12.2.3.2 Products/Solutions/Services offered
- 12.2.3.3 Recent developments
- 12.2.3.3.1 Product/service launches
- 12.2.3.3.2 Deals
- 12.2.3.4 MnM view
- 12.2.3.4.1 Key strengths
- 12.2.3.4.2 Strategic choices
- 12.2.3.4.3 Weaknesses and competitive threats
- 12.2.4 APPLUS+
- 12.2.4.1 Business overview
- 12.2.4.2 Products/Solutions/Services offered
- 12.2.4.3 Recent developments
- 12.2.4.3.1 Deals
- 12.2.4.3.2 Other developments
- 12.2.4.4 MnM view
- 12.2.4.4.1 Key strengths
- 12.2.4.4.2 Strategic choices
- 12.2.4.4.3 Weaknesses and competitive threats
- 12.2.5 INTERTEK GROUP PLC
- 12.2.5.1 Business overview
- 12.2.5.2 Products/Solutions/Services offered
- 12.2.5.3 Recent developments
- 12.2.5.3.1 Product/Service launches
- 12.2.5.3.2 Expansions
- 12.2.5.4 MnM view
- 12.2.5.4.1 Key strengths
- 12.2.5.4.2 Strategic choices
- 12.2.5.4.3 Weaknesses and competitive threats
- 12.2.6 MISTRAS GROUP
- 12.2.6.1 Business overview
- 12.2.6.2 Products/Solutions/Services offered
- 12.2.6.3 Recent developments
- 12.2.6.3.1 Product/Service launches
- 12.2.6.3.2 Deals
- 12.2.6.3.3 Other developments
- 12.2.7 WABTEC CORPORATION
- 12.2.7.1 Business overview
- 12.2.7.2 Products/Solutions/Services offered
- 12.2.7.3 Recent developments
- 12.2.8 ASHTEAD TECHNOLOGY
- 12.2.8.1 Business overview
- 12.2.8.2 Products/Solutions/Services offered
- 12.2.8.3 Recent developments
- 12.2.8.3.1 Product/Service launches
- 12.2.8.3.2 Deals
- 12.2.9 TUV RHEINLAND
- 12.2.9.1 Business overview
- 12.2.9.2 Products/Solutions/Services offered
- 12.2.9.3 Recent developments
- 12.2.10 DEKRA
- 12.2.10.1 Business overview
- 12.2.10.2 Products/Solutions/Services offered
- 12.2.10.3 Recent developments
- 12.3 OTHER PLAYERS
- 12.3.1 COMET GROUP
- 12.3.2 ACUREN
- 12.3.3 VIDISCO
- 12.3.4 TEAM, INC.
- 12.3.5 CYGNUS INSTRUMENTS LTD.
- 12.3.6 FPRIMEC SOLUTIONS INC.
- 12.3.7 CARESTREAM HEALTH
- 12.3.8 ELEMENT MATERIALS TECHNOLOGY
- 12.3.9 HELMUT FISCHER GMBH
- 12.3.10 AMERAPEX CORPORATION
- 12.3.11 NIKON METROLOGY NV
- 12.3.12 MAGNAFLUX
- 12.3.13 SONATEST
- 12.3.14 EDDYFI TECHNOLOGIES
- 12.3.15 OKONDT GROUP
13 APPENDIX
- 13.1 INSIGHTS FROM INDUSTRY EXPERTS
- 13.2 DISCUSSION GUIDE
- 13.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 13.4 CUSTOMIZATION OPTIONS
- 13.5 RELATED REPORTS
- 13.6 AUTHOR DETAILS