The Non-Destructive Testing Equipment market report analysis series and provides a comprehensive insight into the global Non-Destructive Testing Equipment channel. It analyses the market, the major players, and the main trends, strategies for success and consumer attitudes. It also provides forecasts to 2024.
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About Non-Destructive Testing Equipment Industry
Non-Destructive Testing Equipment is a huge market, and the total sum of the industry is more than 1.8 Billion US dollars in 2014. Moreover, this industry continuously increases, with the development of global economy.
The United States is the largest market of Non-Destructive Testing Equipment, which occupies average 31.42 percent of global Non-Destructive Testing Equipment procedures per year. It is followed by Europe and China, which respectively have around 50 percent of the global total industry. Other main regions which take important part in this industry include Japan and some Industrial countries.
According to the research, the most potential market in the main countries of Non-Destructive Testing Equipment 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 Equipment. India is also a rapidly developing economy.
The market of the Non-Destructive Testing Equipment 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.
The Non-Destructive Testing Equipment market is consolidated in nature. Various players are adopting competitive strategies such as collaborations, acquisitions and capitalizing untapped opportunities in the emerging economies of India and China, to sustain and gain market penetrartion across the globe. Some key players of this market include GE Measurement & Control, Olympus Corporation, Magnaflux, YXLON, Nikon Metrology NV, Zetec, Mistras, karl deutsch, Proceq, Sonatest, Union, Dndt, Huari, Aolong, Zhongke Innovation, Quanrui, Hongxu, Siui, IDEA, Runqi.
The worldwide market for Non-Destructive Testing Equipment is expected to grow at a CAGR of roughly 5.1% over the next five years, will reach 2320 million US$ in 2024, from 1720 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Non-Destructive Testing Equipment in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Non-Destructive Testing Equipment market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Non-Destructive Testing Equipment market are:–
- GE Measurement & Control
Nikon Metrology NV
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Production Analysis: SWOT analysis of major key players of Non-Destructive Testing Equipment industry based on a Strengths, Weaknesses, company’s internal & external environments. …, Opportunities and Threats. . It also includes Production, Revenue, and average product price and market shares of key players. Those data are further drilled down with Manufacturing Base Distribution, Production Area and Product Type. Major points like Competitive Situation and Trends, Concentration Rate Mergers & Acquisitions, Expansion which are vital information to grow/establish a business is also provided.
Application of Non-Destructive Testing Equipment Market are:
Oil and gas
Product Segment Analysis of the Non-Destructive Testing Equipment Market is:
Penetrant flaw detection
eddy current test
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Regions Covered in Non-Destructive Testing Equipment Market are:-
- North and South America
- South Korea
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Key Highlights of the Report:
• Historical data of Global Non-Destructive Testing Equipment Market for the Period 2015-2017
• Market Size & Forecast of Global Non-Destructive Testing Equipment Market until 2024
• Historical data of European Non-Destructive Testing Equipment Market for the Period 2015-2017
• Market Size & Forecast of European Non-Destructive Testing Equipment Revenue Market until 2024
• Historical data of North America Non-Destructive Testing Equipment Market for the Period 2015-2017
• Market Size & Forecast of North America Non-Destructive Testing Equipment Revenue Market until 2024
• Historical data of Asia & Pacific Non-Destructive Testing Equipment Market for the Period 2015-2017
• Market Size & Forecast of Asia & Pacific Non-Destructive Testing Equipment Revenue Market until 2024
• Historical data of Middle East & Africa Non-Destructive Testing Equipment Market for the Period 2015-2017
• Market Size & Forecast of Middle East & Africa Non-Destructive Testing Equipment Revenue Market until 2024
• Market Drivers and Restraints
• Players Market Share
• Key Strategic Pointers
The report offers the market growth rate, size, and forecasts at the global level in addition as for the geographic areas: Latin America, Europe, Asia Pacific, North America, and Middle East & Africa. Also it analyses, roadways and provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading market players within the Non-Destructive Testing Equipment market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users.
In this study, the years considered to estimate the market size of Non-Destructive Testing Equipment Market are as follows:-
- History Year: 2013-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2024
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