Global Non Destructive Testing (NDT) in Aerospace and Defense Market – Growth, Trends, And Forecast (2020 – 2025)
The report presents an in-depth assessment of the Global Non Destructive Testing (NDT) in Aerospace and Defense including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Non Destructive Testing (NDT) in Aerospace and Defense investments from 2020 till 2025.
The non-destructive testing market was valued at USD 2581.02 million in 2019 and is expected to register a CAGR of 10.3% during the forecast period (2020-2025), to reach USD 4687.75 million by 2025.
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The Global Non Destructive Testing (NDT) in Aerospace and Defense market is highly competitive and consists of a number of major players. Companies, like Mistras Group, Fujifilm NDT Systems, GE Measurement and Control, NikonMetrology Inc., Magnaflux Corporation, Olympus Corporation, SGS Group, Intertek Group PLC, Applus Services, S.A., Yxlon International GmbH, Team, Inc., Tv Rheinland Ag, Gould-Bass Co., FLIR Systems, Inc, among others.
Scope of the Report
Nondestructive testing is a wide group of analysis techniques used in science and technology industry to evaluate the properties of a material, component or system without causing damage.
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Key Market Trends:
Radiography Testing Technology to Account for the Largest Share
Radiography is one of the versatile testing methods in nondestructive testing, which is used for the detection of surface and subsurface features in welded parts and castings. Radiography employs highly penetrating X-rays produced by X-ray tube, gamma rays by a radioactive isotope, and other forms of radiation for testing without causing any damage to the product.
It enables product reliability, providing the information to prevent accidents and saves lives in industries. It is also used for corrosion mapping, detection of blockages inside sealed equipment, testing of semiconductor devices for cracks, broken wires, unsoldered connections, detection of reinforcing the material in concrete slabs and measuring bulk density of materials.
The use of computed radiography in the aerospace & defense industry provides significant cost savings when compared to other testing methods as it eliminates the external costs. As economic justification is a major criterion for any testing method, the radiography testing range in size from microminiature electronic parts to massive missile components used in the aerospace & defense industry.
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The key insights of the Non Destructive Testing (NDT) in Aerospace and Defense Market report:
The report provides key statistics on the market status of the Non Destructive Testing (NDT) in Aerospace and Defense market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Non Destructive Testing (NDT) in Aerospace and Defense market report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2025 market development trends of Non Destructive Testing (NDT) in Aerospace and Defense Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Non Destructive Testing (NDT) in Aerospace and Defense Industry before evaluating its feasibility.
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