Non Destructive Testing Equipment Market: growing with rise of Industries in APAC region.


Posted May 10, 2016 by nehachopra

Non Destructive Testing Equipment Market is rapidly growing market which has applications in various industries for testing purposes. The tests are done without any destruction and thus it is specified in the name of the products.

 
Non Destructive Testing Equipment Market is rapidly growing market which has applications in various industries for testing purposes. The tests are done without any destruction and thus it is specified in the name of the products. For example, Non Destructive testing of concrete can help in construction industry without destroying the infrastructure.
According to IndustryARC market insights, The Non Destructive Testing Equipment Market is a growing market especially in North America and Europe but this market is expected to have a significant growth in the future because of growing demands in Asia and South America especially in infrastructure and industrialization sectors.
Asia-Pacific is expected to experience the fastest growth in Non Destructive Testing Equipment Market because of rapidly growing industries like infrastructure, power generation and manufacturing in countries like India and China.
Non Destructive Testing Equipment Market is segmented into categories based on by end user industries, by application, by technology and by geography in the market research report by IndustryARC.
By end user industries: manufacturing (mining industry, iron foundry, ship building industry, metal industry and pipe and tube manufacturing), aerospace, automotive, petrochemical, government infrastructure (military & defense, airport security, railway industry and nuclear waste storage), power generation and others
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By application: flaw detection, structural mechanics, leak detection, dimensional measurement, estimation of physical properties, weld verification, chemical composition determination and radiography
By technology: acoustic emission testing, eddy current testing, infrared and thermal testing, liquid penetrant testing, magnetic particle testing, radiography and other x-ray testing, ultrasonic testing and visual testing
By geography: America (North and South), Europe, Asia-Pacific and ROW
Noteworthy companies in the Non Destructive Testing Equipment Market are:
• GE Inspection technologies (U.S.)
• Olympus Corporation (Japan)
• YXLON international (Germany)
• Nikon metrology (U.S.)
• Institut Dr. Foerster (Germany)
These companies manufacture world class testing equipment for this market. This non-destructive test equipment is used by NDT inspection industry to inspect structures and detect defects in them.

The NDT Inspection industry major players include:
• Team Industrial Services (USA)
• Acuren (U.S.)
• Mistras Group (U.S.)
• SGS SA (Switzerland)
• Applus RTD (Netherlands)
These companies performs tests on the structures, they provide testing as service to their customers. The primary consumer of Non Destructive Testing Equipment Market products is the inspection industry.
Non Destructive Testing Equipment Market is a profitable market with many infrastructural projects starting in the upcoming years. Due to the Industrial development as well as rising infrastructure construction, there is a rise in demand for these products, thus the NDT market is thriving.
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Issued By Industryarc
Country India
Categories Business , Industry , Science
Last Updated May 10, 2016