非破壊検査(NDT)および点検市場 – 2030年までの世界予測

NDT and Inspection Market - Global Forecast To 2030

非破壊検査(NDT)と点検市場 - 技術(超音波探傷、目視、磁性粒子探傷、液体浸透探傷、渦電流探傷、放射線透過探傷、アコースティックエミッション)、サービス、方法、垂直、用途および地域別 - 2030年までの世界予測
NDT and Inspection Market by Technique (Ultrasonic Testing, Visual, Magnetic Particle, Liquid Penetration, Eddy-Current, Radiographic, Acoustic Emission), Service, Method, Vertical, Application and Region - Global Forecast to 2030

商品番号 : SMB-26532

出版社MarketsandMarkets
出版年月2025年8月
ページ数293
図表数265
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、非破壊検査(NDT)および点検市場を技術、サービス、垂直市場、用途、地域別にセグメント化し、市場規模を予測しています。また、市場の成長に影響を与える推進要因、制約要因、機会、課題についても包括的に分析しています。本レポートは、市場の定量的側面に加えて、定性的な側面も網羅しています。

本レポートは、非破壊検査(NDT)および点検市場全体および関連セグメントの収益に関する最も近い概算情報を提供し、市場リーダー企業および新規参入企業にとって役立ちます。本レポートは、関係者が競争環境を理解し、市場における自社の地位を強化し、適切な市場開拓戦略を策定するための洞察を深めるのに役立ちます。また、本レポートは、関係者が市場の動向を把握し、主要な市場牽引要因、制約要因、機会、課題に関する情報を提供するのにも役立ちます。

非破壊検査(NDT)および点検市場は、予測期間中に8.3%のCAGRで成長し、2025年の149億9,000万米ドルから2030年には223億4,000万米ドルに達すると予測されています。

非破壊検査(NDT)および点検市場の堅調な成長を牽引する要因はいくつかあります。資産の完全性、公共の安全、製品品質への関心の高まりに加え、ASME、API、ISOなどの機関による厳格な規制が、産業界に高度な試験・検査ソリューションへの投資を迫っています。先進地域におけるインフラの老朽化や、石油・ガス、航空宇宙、発電、自動車セクターにおける大規模プロジェクトの急増は、信頼性の高いNDT技術の需要をさらに高めています。AI駆動型分析、IoT対応センサー、ロボット工学、デジタルツインなどの技術革新は、リアルタイム監視、予知保全、欠陥検出の向上を可能にし、検査プロセスを変革しています。しかし、高度なNDT機器に関連する高コスト、熟練した専門家の不足、そしてレガシーシステムとの統合の課題が、導入を阻む可能性があります。さらに、新興市場における認知度の低さや、多様な業界にわたる検査プロセスの標準化の複雑さも、市場の広範な拡大にとってさらなる課題となっています。

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.

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.

非破壊検査(NDT)および点検市場 - 2030年までの世界予測
non-destructive-testing-ndt-equipment-services-market

“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.

非破壊検査(NDT)および点検市場 - 2030年までの世界予測
non-destructive-testing-ndt-equipment-services-market-region

“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 Société Générale de Surveillance SA (SGS SA) (Switzerland), Bureau Veritas (France), Baker Hughes Company (US), Applus+ (Spain), and Intertek Group plc (UK).

非破壊検査(NDT)および点検市場 - 2030年までの世界予測 ecosystem
non-destructive-testing-ndt-equipment-services-market1-ecosystem

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 Société Générale de Surveillance SA (SGS SA) (Switzerland), Bureau Veritas (France), Baker Hughes Company (US), Applus+ (Spain), Intertek Group plc (UK), MISTRAS Group (US), TÜV Rheinland (Germany), DEKRA (Germany), Evident (US), and Ashtead Technology (UK)

Table of Contents

1               INTRODUCTION              26

1.1           STUDY OBJECTIVES       26

1.2           MARKET DEFINITION   26

1.3           STUDY SCOPE   27

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      27

1.3.2        INCLUSIONS AND EXCLUSIONS 28

1.3.3        YEARS CONSIDERED      29

1.4           CURRENCY CONSIDERED            29

1.5           UNIT CONSIDERED        29

1.6           STAKEHOLDERS               29

1.7           SUMMARY OF CHANGES               30

2               RESEARCH METHODOLOGY       31

2.1           RESEARCH DATA              31

2.1.1        SECONDARY AND PRIMARY RESEARCH 32

2.1.2        SECONDARY DATA          32

2.1.2.1    List of key secondary sources              33

2.1.2.2    Key data from secondary sources       33

2.1.3        PRIMARY DATA 33

2.1.3.1    Key data from primary sources           34

2.1.3.2    Breakdown of primaries      35

2.1.3.3    Key industry insights           35

2.2           MARKET SIZE ESTIMATION METHODOLOGY     36

2.2.1        BOTTOM-UP APPROACH              38

2.2.1.1    Approach to derive market size using bottom-up analysis                 38

2.2.2        TOP-DOWN APPROACH                39

2.2.2.1    Approach to derive market size using top-down analysis                 39

2.3           MARKET SHARE ESTIMATION    40

2.4           DATA TRIANGULATION                41

2.5           RISK ASSESSMENT           42

2.6           RESEARCH ASSUMPTIONS           43

2.7           RESEARCH LIMITATIONS             43

3               EXECUTIVE SUMMARY  44

4               PREMIUM INSIGHTS       48

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NDT AND INSPECTION MARKET         48

4.2           NDT AND INSPECTION MARKET, BY TECHNIQUE                 48

4.3           NDT AND INSPECTION MARKET, BY SERVICE    49

4.4           NDT AND INSPECTION MARKET, BY VERTICAL 49

4.5           NDT AND INSPECTION MARKET, BY REGION     50

4.6           NDT AND INSPECTION MARKET, BY COUNTRY 50

5               MARKET OVERVIEW       51

5.1           INTRODUCTION              51

5.2           MARKET DYNAMICS       51

5.2.1        DRIVERS               52

5.2.1.1    Implementation of stringent safety regulations to ensure public safety and product quality   52

5.2.1.2    Expansion of industrial automation and robotics in inspection                 52

5.2.1.3    Growing adoption of AI, IoT, and digital twin technologies                 53

5.2.1.4    Rising demand for structural health monitoring of aging infrastructure        54

5.2.1.5    Expansion of subscription-based and service-driven models                 54

5.2.1.6    Increasing demand for remote and contactless inspection solutions 55

5.2.2        RESTRAINTS      56

5.2.2.1    Shortage of skilled technicians for advanced NDT operations                 56

5.2.2.2    High cost of NDT equipment and related technologies 57

5.2.2.3    Legacy system incompatibility hampering scalable integration of advanced NDT solutions    57

5.2.3        OPPORTUNITIES              58

5.2.3.1    Growing demand for NDT and inspection services in renewable energy and power sectors    58

5.2.3.2    Growing demand for miniaturized and portable NDT devices                 59

5.2.3.3    Emphasis on eco-friendly and digitalized inspection solutions                 60

5.2.4        CHALLENGES    61

5.2.4.1    Increasing complexity of modern industrial structures and materials                 61

5.2.4.2    High replacement and upgrade costs                 61

5.2.4.3    Cybersecurity risks in IoT-enabled NDT systems          62

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            63

5.4           PRICING ANALYSIS          64

5.4.1        AVERAGE SELLING PRICE OF ULTRASONIC TESTING TECHNIQUES    64

5.4.2        AVERAGE SELLING PRICE TREND OF ULTRASONIC TESTING TECHNIQUES, 2021–2024            64

5.4.3        AVERAGE SELLING PRICE TREND OF ULTRASONIC TESTING TECHNIQUES,

BY REGION, 2021–2024    65

5.5           VALUE CHAIN ANALYSIS               66

5.6           ECOSYSTEM ANALYSIS  68

5.7           TECHNOLOGY ANALYSIS             69

5.7.1        KEY TECHNOLOGIES     69

5.7.1.1    Real-time NDT with IoT integration                 69

5.7.2        COMPLEMENTARY TECHNOLOGIES       69

5.7.2.1    Artificial intelligence (AI) for defect detection                69

5.7.2.2    Data analytics & cloud platforms       69

5.7.2.3    Green NDT technologies    70

5.7.3        ADJACENT TECHNOLOGIES       70

5.7.3.1    Drone-based inspection      70

5.7.3.2    Robotics & crawlers              70

5.7.3.3    Digital twins          70

5.8           PATENT ANALYSIS          71

5.9           TRADE ANALYSIS             73

5.9.1        IMPORT SCENARIO (HS CODE 9031)        73

5.9.2        EXPORT SCENARIO (HS CODE 9031)        74

5.10         KEY CONFERENCES AND EVENTS, 2025–2026        75

5.11         CASE STUDY ANALYSIS 76

5.11.1      PIPELINE OPERATOR ENHANCED PIPELINE INTEGRITY BY DEPLOYING ADVANCED INSPECTION TECHNOLOGIES BY NDT GLOBAL    76

5.11.2      INSPECTION INNERSPEC TECHNOLOGIES INC. INTRODUCED INNOVATIVE NDT TECHNOLOGIES FOR INSPECTION AND MONITORING OF BOLT LOAD IN SERVICE                 77

5.11.3      NDT GLOBAL REVOLUTIONIZED NGL PIPELINE INSPECTION WITH ADVANCED ULTRASONIC CRACK DETECTION TECHNOLOGY        77

5.12         TARIFF AND REGULATORY LANDSCAPE               78

5.12.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             78

5.13         PORTER’S FIVE FORCES ANALYSIS           81

5.13.1      INTENSITY OF COMPETITIVE RIVALRY 82

5.13.2      THREAT OF NEW ENTRANTS      83

5.13.3      THREAT OF SUBSTITUTES          83

5.13.4      BARGAINING POWER OF BUYERS             83

5.13.5      BARGAINING POWER OF SUPPLIERS       83

5.14         KEY STAKEHOLDERS AND BUYING CRITERIA     84

5.14.1      KEY STAKEHOLDERS IN BUYING PROCESS           84

5.14.2      BUYING CRITERIA           84

5.15         IMPACT OF AI/GEN AI ON NDT AND INSPECTION MARKET               85

5.16         IMPACT OF 2025 US TARIFF ON NDT AND INSPECTION MARKET – OVERVIEW    86

5.16.1      PRICE IMPACT ANALYSIS             87

5.16.2      KEY IMPACTS ON VARIOUS COUNTRIES/REGIONS                 87

5.16.2.1  US           87

5.16.2.2  Europe   87

5.16.2.3  Asia Pacific            88

5.16.3      IMPACT ON END-USE VERTICALS             88

6               APPLICATIONS OF NDT AND INSPECTION          89

6.1           INTRODUCTION              89

6.2           FLAW DETECTION          89

6.3           STRESS AND STRUCTURE ANALYSIS       91

6.4           LEAK DETECTION           91

6.5           DIMENSIONAL MEASUREMENT 92

6.6           PHYSICAL PROPERTIES ESTIMATION     94

6.7           WELD VERIFICATION    94

6.8           CHEMICAL COMPOSITION DETERMINATION    95

6.8.1        PLASMA EMISSION SPECTROGRAPH       95

6.8.2        CORROSION RESISTANCE TESTING         96

6.9           OTHER APPLICATIONS 96

7               NDT AND INSPECTION MARKET, BY TECHNIQUE                 97

7.1           INTRODUCTION              98

7.2           ULTRASONIC TESTING 106

7.2.1        ADOPTION OF SMART ULTRASONIC NDT GAINING MOMENTUM WITH PHASED ARRAY, TOFD, AND AI INTEGRATION  106

7.2.2        STRAIGHT BEAM TESTING          108

7.2.3        ANGLE BEAM TESTING 109

7.2.4        IMMERSION TESTING    109

7.2.5        PHASED ARRAY TESTING             109

7.2.6        TIME-OF-FLIGHT DIFFRACTION (TOFD)              110

7.2.7        GUIDED WAVE TESTING               110

7.3           VISUAL TESTING              111

7.3.1        NEED FOR CONTACTLESS INSPECTION IN CONFINED OR HAZARDOUS ENVIRONMENTS TO DRIVE MARKET   111

7.3.2        GENERAL VISUAL INSPECTION 113

7.3.3        AIDED VISUAL INSPECTION       113

7.3.4        BORESCOPES    113

7.3.5        ENDOSCOPES   114

7.3.6        VIDEOSCOPES  114

7.4           MAGNETIC PARTICLE TESTING                115

7.4.1        HIGH DEMAND IN OIL & GAS INDUSTRY FOR PIPELINE INSPECTION TO DRIVE GROWTH             115

7.5           LIQUID PENETRANT TESTING  116

7.5.1        EXPANSION OF ADDITIVE MANUFACTURING SECTOR FUELING MARKET GROWTH      116

7.6           EDDY-CURRENT TESTING           118

7.6.1        RISING UPTAKE OF ELECTROMAGNETIC PROBES TO FUEL MARKET GROWTH               118

7.6.2        ALTERNATING CURRENT FIELD MEASUREMENT (ACFM) 119

7.6.3        REMOTE FIELD TESTING (RFT) 119

7.6.4        EDDY-CURRENT ARRAY (ECA)   120

7.7           RADIOGRAPHIC TESTING            120

7.7.1        ADOPTION OF ADVANCED IMAGING TOOLS CREATING SEGMENTAL GROWTH OPPORTUNITIES              120

7.7.2        X-RAY TESTING                 121

7.7.3        GAMMA RAY TESTING   122

7.7.4        COMPUTED RADIOGRAPHY       122

7.7.5        FILM RADIOGRAPHY      122

7.7.6        DIRECT RADIOGRAPHY (REAL TIME)     122

7.8           ACOUSTIC EMISSION TESTING 123

7.8.1        RISING DEMAND FOR REAL-TIME STRUCTURAL MONITORING BOOSTING ADOPTION OF ACOUSTIC EMISSION TESTING              123

7.9           OTHER TECHNIQUES    124

7.9.1        TERAHERTZ IMAGING  125

7.9.2        NEAR-INFRARED SPECTROSCOPY            126

8               NDT AND INSPECTION MARKET, BY SERVICE    127

8.1           INTRODUCTION              128

8.2           INSPECTION SERVICES 135

8.2.1        RISING ADOPTION OF REMOTE & INLINE PIPELINE INSPECTION SERVICES TO DRIVE SCALABLE GROWTH 135

8.2.2        ULTRASONIC INSPECTION          136

8.2.3        RADIOGRAPHIC INSPECTION    137

8.2.4        VISUAL INSPECTION      138

8.2.5        MAGNETIC PARTICLE INSPECTION        138

8.2.6        ADVANCED EDDY-CURRENT INSPECTION          138

8.2.7        LIQUID PENETRANT INSPECTION           139

8.3           EQUIPMENT RENTAL SERVICES                139

8.3.1        CLOUD-ENABLED RENTAL PLATFORMS AND ASSET-LIGHT STRATEGIES ACCELERATING ADOPTION              139

8.4           CALIBRATION SERVICES               141

8.4.1        DEVELOPMENT OF ROBOTIC AND DIGITAL CALIBRATION SYSTEMS TO FUEL MARKET GROWTH     141

8.5           OTHER SERVICES             143

9               NDT AND INSPECTION MARKET, BY VERTICAL 145

9.1           INTRODUCTION              146

9.2           MANUFACTURING          148

9.2.1        RISING DEMAND FROM MINING AND SHIPBUILDING INDUSTRIES DRIVING ADOPTION           148

9.3           OIL & GAS            150

9.3.1        AGING PIPELINE INFRASTRUCTURE AND ENERGY TRANSITION DRIVING NDT ADOPTION IN OIL & GAS SECTOR                 150

9.3.2        REFINERIES        152

9.3.3        TRANSMISSION PIPELINES          152

9.3.4        SUBSEA PIPELINES          153

9.3.5        STORAGE TANKS              153

9.3.6        ADVANCED NDT TECHNIQUES USED IN OIL & GAS VERTICAL            154

9.3.6.1    Long-range ultrasonic technique (LRUT)       154

9.3.6.2    Positive metal identification technique             154

9.4           AEROSPACE       154

9.4.1        RISING ADOPTION OF ADVANCED ULTRASONIC AND BOND INSPECTION METHODS DRIVING MARKET GROWTH                 154

9.4.2        AIRCRAFT ENGINE PART PRODUCTION                157

9.4.3        COMPOSITE AIRFRAME MANUFACTURING          157

9.4.4        AIRCRAFT MAINTENANCE           157

9.4.5        MATERIAL ANALYSIS     158

9.4.6        ADVANCED NDT AND INSPECTION TECHNIQUES USED IN AEROSPACE VERTICAL            159

9.4.6.1    Dynamic thermography       159

9.4.6.2    Air-coupled ultrasound        159

9.4.6.3    Dynamic interferometry      159

9.5           PUBLIC INFRASTRUCTURE          159

9.5.1        SMART CITY INVESTMENTS AND RESILIENCE INITIATIVES FUELING ADOPTION OF NDT AND INSPECTION TECHNOLOGIES               159

9.5.2        MILITARY & DEFENSE   161

9.5.3        AIRPORT SECURITY        162

9.5.4        RAILWAYS           162

9.5.5        BRIDGES AND TUNNELS               163

9.5.6        BORDER CROSSING        163

9.5.7        NUCLEAR WASTE STORAGE AND DECOMMISSIONING                 164

9.5.8        ADVANCED NDT AND INSPECTION TECHNIQUES USED IN PUBLIC INFRASTRUCTURE VERTICAL               164

9.5.8.1    Impact echo           164

9.5.8.2    Ground penetrating radars (GPRs)  164

9.6           AUTOMOTIVE   164

9.6.1        SURGING AUTOMOTIVE SAFETY STANDARDS DRIVING ADOPTION OF ADVANCED NDT SOLUTIONS     164

9.6.2        ADVANCED NDT AND INSPECTION TECHNIQUES USED IN AUTOMOTIVE VERTICAL        168

9.6.2.1    High-energy digital radiography        168

9.7           POWER 168

9.7.1        AGING POWER INFRASTRUCTURE AND EXPANDING RENEWABLE INSTALLATIONS FUELING MARKET GROWTH                 168

9.7.2        NUCLEAR POWER PLANTS           170

9.7.3        WIND TURBINES              171

9.7.4        SOLAR POWER  171

9.7.5        FOSSIL FUEL ENERGY PLANTS   172

9.7.6        ADVANCED NDT AND INSPECTION TECHNIQUES USED IN POWER VERTICAL     172

9.7.6.1    Galvano static pulse measurement    172

9.7.6.2    Ultrasonic pulse echo testing              172

9.8           OTHER VERTICALS         172

9.8.1        MARINE                174

9.8.2        MEDICAL & HEALTHCARE            174

9.8.3        PLASTICS & POLYMERS 175

10            NDT AND INSPECTION MARKET, BY REGION     176

10.1         INTRODUCTION              177

10.2         NORTH AMERICA             178

10.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 181

10.2.2      US           181

10.2.2.1  Rising defense expenditures and aircraft production to fuel market growth       181

10.2.3      CANADA               182

10.2.3.1  Increasing demand for advanced material testing to drive market                 182

10.2.4      MEXICO                183

10.2.4.1  Strong emphasis on urban mobility and expansion of natural gas pipeline network to fuel market growth            183

10.3         EUROPE               183

10.3.1      MACROECONOMIC OUTLOOK FOR EUROPE      186

10.3.2      UK          187

10.3.2.1  Growth in aircraft export to support market growth       187

10.3.3      GERMANY           187

10.3.3.1  Growing demand in automotive vertical to drive market                 187

10.3.4      FRANCE                188

10.3.4.1  Increased demand in aerospace vertical to fuel market growth                 188

10.3.5      ITALY    188

10.3.5.1  Expansion of oil refining capacity and shale gas development to drive market          188

10.3.6      SPAIN    189

10.3.6.1  Rising industrial investments and advancements in aerospace sector to fuel market growth               189

10.3.7      POLAND               189

10.3.7.1  Manufacturing sector expansion and power infrastructure upgrades to drive market     189

10.3.8      NORDICS             189

10.3.8.1  Renewable energy projects and innovation in aerospace sector to accelerate demand                189

10.3.9      REST OF EUROPE             190

10.4         ASIA PACIFIC     190

10.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 193

10.4.2      CHINA  193

10.4.2.1  Rapid infrastructure development and expanding automotive sector to drive demand        193

10.4.3      JAPAN   194

10.4.3.1  Expanding nuclear power generation sector to propel market                 194

10.4.4      INDIA    195

10.4.4.1  Increased demand in manufacturing sector to drive market                 195

10.4.5      SOUTH KOREA  195

10.4.5.1  Defense modernization and strong automotive sector to support market growth       195

10.4.6      AUSTRALIA         195

10.4.6.1  Energy projects and mining investments strengthening market outlook   195

10.4.7      INDONESIA        196

10.4.7.1  Expansion of oil & gas sector and infrastructure boom to fuel demand  196

10.4.8      MALAYSIA           196

10.4.8.1  Strong oil & gas sector and increased investments in aerospace to drive market growth             196

10.4.9      THAILAND          196

10.4.9.1  Expansion of automotive sector and infrastructure modernization fueling demand     196

10.4.10   VIETNAM             197

10.4.10.1                 Government initiatives to support economic development fueling market growth  197

10.4.11   REST OF ASIA PACIFIC   197

10.5         ROW      197

10.5.1      MACROECONOMIC OUTLOOK FOR ROW              199

10.5.2      MIDDLE EAST   200

10.5.2.1  High investment in infrastructure development to drive market                 200

10.5.2.2  GCC countries      200

10.5.2.2.1                Increasing infrastructure development to support market growth       200

10.5.2.3  Rest of Middle East              201

10.5.3      AFRICA 201

10.5.3.1  Booming power sector to fuel demand during forecast period                 201

10.5.4      SOUTH AMERICA             201

10.5.4.1  Rising demand in oil & gas and power verticals to drive market                 201

11            COMPETITIVE LANDSCAPE         202

11.1         OVERVIEW          202

11.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2025                 202

11.3         MARKET SHARE ANALYSIS, 2024                 204

11.4         REVENUE ANALYSIS, 2020–2024  206

11.5         COMPANY VALUATION AND FINANCIAL METRICS, 2025                 207

11.6         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 208

11.6.1      COMPANY EVALUATION MATRIX: NDT AND INSPECTION SERVICES MARKET, 2024    208

11.6.1.1  Stars        208

11.6.1.2  Emerging leaders 208

11.6.1.3  Pervasive players  208

11.6.1.4  Participants           209

11.6.2      COMPANY EVALUATION MATRIX: NDT AND INSPECTION EQUIPMENT MARKET, 2024               210

11.6.2.1  Stars        210

11.6.2.2  Emerging leaders 210

11.6.2.3  Pervasive players  210

11.6.2.4  Participants           210

11.6.3      COMPANY FOOTPRINT: KEY PLAYERS, 2024         212

11.6.3.1  Company footprint               212

11.6.3.2  Region footprint   213

11.6.3.3  Service footprint   214

11.6.3.4  Vertical footprint  215

11.7         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        216

11.7.1      PROGRESSIVE COMPANIES         216

11.7.2      RESPONSIVE COMPANIES            216

11.7.3      DYNAMIC COMPANIES  216

11.7.4      STARTING BLOCKS         216

11.7.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 218

11.7.5.1  Detailed list of key startups/SMEs    218

11.7.5.2  Competitive benchmarking of key startups/SMEs          218

11.8         BRAND/PRODUCT COMPARISON             219

11.9         COMPETITIVE SCENARIO             220

11.9.1      PRODUCT/SERVICE LAUNCHES                 220

11.9.2      DEALS  221

11.9.3      EXPANSIONS     222

11.9.4      OTHER DEVELOPMENTS              223

12            COMPANY PROFILES      224

12.1         INTRODUCTION              224

12.2         KEY PLAYERS     224

12.2.1      SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA 224

12.2.1.1  Business overview 224

12.2.1.2  Products/Solutions/Services offered 226

12.2.1.3  Recent developments           226

12.2.1.3.1                Deals      226

12.2.1.4  MnM view              228

12.2.1.4.1                Key strengths        228

12.2.1.4.2                Strategic choices   228

12.2.1.4.3                Weaknesses and competitive threats 228

12.2.2      BUREAU VERITAS             229

12.2.2.1  Business overview 229

12.2.2.2  Products/Solutions/Services offered 230

12.2.2.3  Recent developments           231

12.2.2.3.1                Expansions             231

12.2.2.4  MnM view              232

12.2.2.4.1                Key strengths        232

12.2.2.4.2                Strategic choices   232

12.2.2.4.3                Weaknesses and competitive threats 232

12.2.3      BAKER HUGHES COMPANY         233

12.2.3.1  Business overview 233

12.2.3.2  Products/Solutions/Services offered 234

12.2.3.3  Recent developments           236

12.2.3.3.1                Product/service launches    236

12.2.3.3.2                Deals      237

12.2.3.4  MnM view              238

12.2.3.4.1                Key strengths        238

12.2.3.4.2                Strategic choices   238

12.2.3.4.3                Weaknesses and competitive threats 238

12.2.4      APPLUS+              239

12.2.4.1  Business overview 239

12.2.4.2  Products/Solutions/Services offered 240

12.2.4.3  Recent developments           242

12.2.4.3.1                Deals      242

12.2.4.3.2                Other developments             243

12.2.4.4  MnM view              243

12.2.4.4.1                Key strengths        243

12.2.4.4.2                Strategic choices   243

12.2.4.4.3                Weaknesses and competitive threats 243

12.2.5      INTERTEK GROUP PLC  244

12.2.5.1  Business overview 244

12.2.5.2  Products/Solutions/Services offered 245

12.2.5.3  Recent developments           247

12.2.5.3.1                Product/Service launches   247

12.2.5.3.2                Expansions             247

12.2.5.4  MnM view              248

12.2.5.4.1                Key strengths        248

12.2.5.4.2                Strategic choices   248

12.2.5.4.3                Weaknesses and competitive threats 248

12.2.6      MISTRAS GROUP              249

12.2.6.1  Business overview 249

12.2.6.2  Products/Solutions/Services offered 250

12.2.6.3  Recent developments           252

12.2.6.3.1                Product/Service launches   252

12.2.6.3.2                Deals      253

12.2.6.3.3                Other developments             253

12.2.7      WABTEC CORPORATION              254

12.2.7.1  Business overview 254

12.2.7.2  Products/Solutions/Services offered 255

12.2.7.3  Recent developments           256

12.2.7.3.1                Deals      256

12.2.8      ASHTEAD TECHNOLOGY             257

12.2.8.1  Business overview 257

12.2.8.2  Products/Solutions/Services offered 258

12.2.8.3  Recent developments           261

12.2.8.3.1                Product/Service launches   261

12.2.8.3.2                Deals      261

12.2.9      TÜV RHEINLAND             263

12.2.9.1  Business overview 263

12.2.9.2  Products/Solutions/Services offered 265

12.2.9.3  Recent developments           266

12.2.9.3.1                Deals      266

12.2.10   DEKRA  267

12.2.10.1                 Business overview 267

12.2.10.2                 Products/Solutions/Services offered 268

12.2.10.3                 Recent developments           269

12.2.10.3.1             Expansions             269

12.3         OTHER PLAYERS              270

12.3.1      COMET GROUP 270

12.3.2      ACUREN               271

12.3.3      VIDISCO               272

12.3.4      TEAM, INC.         273

12.3.5      CYGNUS INSTRUMENTS LTD.    274

12.3.6      FPRIMEC SOLUTIONS INC.           275

12.3.7      CARESTREAM HEALTH  276

12.3.8      ELEMENT MATERIALS TECHNOLOGY    277

12.3.9      HELMUT FISCHER GMBH             278

12.3.10   AMERAPEX CORPORATION         279

12.3.11   NIKON METROLOGY NV               280

12.3.12   MAGNAFLUX     281

12.3.13   SONATEST          282

12.3.14   EDDYFI TECHNOLOGIES              283

12.3.15   OKONDT GROUP             284

13            APPENDIX           285

13.1         INSIGHTS FROM INDUSTRY EXPERTS     285

13.2         DISCUSSION GUIDE        285

13.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                289

13.4         CUSTOMIZATION OPTIONS        291

13.5         RELATED REPORTS         291

13.6         AUTHOR DETAILS           292

LIST OF TABLES

TABLE 1                RISK ASSESSMENT           42

TABLE 2                AVERAGE SELLING PRICE OF ULTRASONIC TESTING TECHNIQUES OFFERED

BY BAKER HUGHES COMPANY (WAYGATE TECHNOLOGIES), 2021–2024 (USD)                64

TABLE 3                AVERAGE SELLING PRICE TREND OF ULTRASONIC TESTING TECHNIQUES,

2021–2024 (USD)                64

TABLE 4                AVERAGE SELLING PRICE TREND OF ULTRASONIC TESTING TECHNIQUES,

BY REGION, 2021–2024 (USD)      65

TABLE 5                NDT AND INSPECTION: ROLES OF COMPANIES IN ECOSYSTEM 68

TABLE 6                LIST OF MAJOR PATENTS, 2021–2024        72

TABLE 7                IMPORT DATA FOR HS CODE 9031-COMPLIANT PRODUCTS, BY COUNTRY,

2020–2024 (USD MILLION)            73

TABLE 8                EXPORT DATA FOR HS CODE 9031-COMPLIANT PRODUCTS, BY COUNTRY,

2020–2024 (USD MILLION)            74

TABLE 9                NDT AND INSPECTION MARKET: KEY CONFERENCES AND EVENTS, 2025–2026                 75

TABLE 10              MFN TARIFF LEVIED ON HS CODE 9031-COMPLIANT PRODUCTS

LEVIED BY CHINA, 2024 78

TABLE 11              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             78

TABLE 12              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 80

TABLE 13              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 80

TABLE 14              ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 81

TABLE 15              NDT AND INSPECTION MARKET: PORTER’S FIVE FORCES ANALYSIS 82

TABLE 16              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP

THREE VERTICALS (%)  84

TABLE 17              KEY BUYING CRITERIA FOR TOP THREE VERTICALS         85

TABLE 18              DIFFERENT TYPES OF ULTRASONIC TRANSDUCERS USED IN FLAW DETECTION        90

TABLE 19              NDT TECHNIQUES TO DETECT STRUCTURAL DAMAGES           91

TABLE 20              LEAK TESTING TECHNIQUES     92

TABLE 21              DIMENSIONAL MEASUREMENT TECHNIQUES                 93

TABLE 22              OBJECTIVES OF DIMENSIONAL MEASUREMENTS              93

TABLE 23              OTHER APPLICATIONS OF NDT AND INSPECTION      96

TABLE 24              NDT AND INSPECTION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION) 99

TABLE 25              NDT AND INSPECTION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION) 100

TABLE 26              TECHNIQUE: NDT AND INSPECTION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            100

TABLE 27              TECHNIQUE: NDT AND INSPECTION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            100

TABLE 28              TECHNIQUE: NDT AND INSPECTION MARKET, BY REGION,

2021–2024 (USD MILLION)            101

TABLE 29              TECHNIQUE: NDT AND INSPECTION MARKET, BY REGION,

2025–2030 (USD MILLION)            101

TABLE 30              NDT AND INSPECTION MARKET, BY TECHNIQUE, 2021–2024 (THOUSAND UNITS)      101

TABLE 31              NDT AND INSPECTION MARKET, BY TECHNIQUE, 2025–2030 (THOUSAND UNITS)      101

TABLE 32              MANUFACTURING: NDT AND INSPECTION TECHNIQUE MARKET, BY REGION,

2021–2024 (USD MILLION)            102

TABLE 33              MANUFACTURING: NDT AND INSPECTION TECHNIQUE MARKET, BY REGION,

2025–2030 (USD MILLION)            102

TABLE 34              OIL & GAS: NDT AND INSPECTION TECHNIQUE MARKET, BY REGION,

2021–2024 (USD MILLION)            102

TABLE 35              OIL & GAS: NDT AND INSPECTION TECHNIQUE MARKET, BY REGION,

2025–2030 (USD MILLION)            103

TABLE 36              AEROSPACE: NDT AND INSPECTION TECHNIQUE MARKET, BY REGION,

2021–2024 (USD MILLION)            103

TABLE 37              AEROSPACE: NDT AND INSPECTION TECHNIQUE MARKET, BY REGION,

2025–2030 (USD MILLION)            103

TABLE 38              PUBLIC INFRASTRUCTURE: NDT AND INSPECTION TECHNIQUE MARKET,

BY REGION, 2021–2024 (USD MILLION)   104

TABLE 39              PUBLIC INFRASTRUCTURE: NDT AND INSPECTION TECHNIQUE MARKET,

BY REGION, 2025–2030 (USD MILLION)   104

TABLE 40              AUTOMOTIVE: NDT AND INSPECTION TECHNIQUE MARKET, BY REGION,

2021–2024 (USD MILLION)            104

TABLE 41              AUTOMOTIVE: NDT AND INSPECTION TECHNIQUE MARKET, BY REGION,

2025–2030 (USD MILLION)            105

TABLE 42              POWER: NDT AND INSPECTION TECHNIQUE MARKET, BY REGION,

2021–2024 (USD MILLION)            105

TABLE 43              POWER: NDT AND INSPECTION TECHNIQUE MARKET, BY REGION,

2025–2030 (USD MILLION)            105

TABLE 44              OTHER VERTICALS: NDT AND INSPECTION TECHNIQUE MARKET, BY REGION, 2021–2024 (USD MILLION)                 106

TABLE 45              OTHER VERTICALS: NDT AND INSPECTION TECHNIQUE MARKET, BY REGION, 2025–2030 (USD MILLION)                 106

TABLE 46              ULTRASONIC TESTING: NDT AND INSPECTION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            108

TABLE 47              ULTRASONIC TESTING: NDT AND INSPECTION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            108

TABLE 48              VISUAL TESTING: NDT AND INSPECTION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            112

TABLE 49              VISUAL TESTING: NDT AND INSPECTION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            113

TABLE 50              MAGNETIC PARTICLE TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2021–2024 (USD MILLION)                 116

TABLE 51              MAGNETIC PARTICLE TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2025–2030 (USD MILLION)                 116

TABLE 52              LIQUID PENETRANT TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2021–2024 (USD MILLION)                 117

TABLE 53              LIQUID PENETRANT TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2025–2030 (USD MILLION)                 117

TABLE 54              EDDY-CURRENT TESTING: NDT AND INSPECTION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            118

TABLE 55              EDDY-CURRENT TESTING: NDT AND INSPECTION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            119

TABLE 56              RADIOGRAPHIC TESTING: NDT AND INSPECTION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            121

TABLE 57              RADIOGRAPHIC TESTING: NDT AND INSPECTION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            121

TABLE 58              ACOUSTIC EMISSION TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2021–2024 (USD MILLION)                 123

TABLE 59              ACOUSTIC EMISSION TESTING: NDT AND INSPECTION MARKET, BY VERTICAL, 2025–2030 (USD MILLION)                 124

TABLE 60              OTHER TECHNIQUES: NDT AND INSPECTION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            124

TABLE 61              OTHER TECHNIQUES: NDT AND INSPECTION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            125

TABLE 62              APPLICATIONS OF TERAHERTZ IMAGING, BY INDUSTRY           125

TABLE 63              APPLICATIONS OF NEAR-INFRARED SPECTROSCOPY, BY INDUSTRY 126

TABLE 64              NDT AND INSPECTION MARKET, BY SERVICE, 2021–2024 (USD MILLION)            128

TABLE 65              NDT AND INSPECTION MARKET, BY SERVICE, 2025–2030 (USD MILLION)            129

TABLE 66              SERVICE: NDT AND INSPECTION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            129

TABLE 67              SERVICE: NDT AND INSPECTION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            129

TABLE 68              SERVICE: NDT AND INSPECTION MARKET, BY REGION, 2021–2024 (USD MILLION)          130

TABLE 69              SERVICE: NDT AND INSPECTION MARKET, BY REGION, 2025–2030 (USD MILLION)          130

TABLE 70              MANUFACTURING: NDT AND INSPECTION SERVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            130

TABLE 71              MANUFACTURING: NDT AND INSPECTION SERVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            131

TABLE 72              OIL & GAS: NDT AND INSPECTION SERVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            131

TABLE 73              OIL & GAS: NDT AND INSPECTION SERVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            131

TABLE 74              AEROSPACE: NDT AND INSPECTION SERVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            132

TABLE 75              AEROSPACE: NDT AND INSPECTION SERVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            132

TABLE 76              PUBLIC INFRASTRUCTURE: NDT AND INSPECTION SERVICES MARKET, BY REGION, 2021–2024 (USD MILLION)            132

TABLE 77              PUBLIC INFRASTRUCTURE: NDT AND INSPECTION SERVICES MARKET, BY REGION, 2025–2030 (USD MILLION)            133

TABLE 78              AUTOMOTIVE: NDT AND INSPECTION SERVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            133

TABLE 79              AUTOMOTIVE: NDT AND INSPECTION SERVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            133

TABLE 80              POWER: NDT AND INSPECTION SERVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            134

TABLE 81              POWER: NDT AND INSPECTION SERVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            134

TABLE 82              OTHER VERTICALS: NDT AND INSPECTION SERVICES MARKET, BY REGION,

2021–2024 (USD MILLION)            134

TABLE 83              OTHER VERTICALS: NDT AND INSPECTION SERVICES MARKET, BY REGION,

2025–2030 (USD MILLION)            135

TABLE 84              INSPECTION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            136

TABLE 85              INSPECTION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            136

TABLE 86              EQUIPMENT RENTAL SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2021–2024 (USD MILLION)                 140

TABLE 87              EQUIPMENT RENTAL SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2025–2030 (USD MILLION)                 141

TABLE 88              CALIBRATION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            142

TABLE 89              CALIBRATION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            142

TABLE 90              OTHER SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)          143

TABLE 91              OTHER SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            144

TABLE 92              NDT AND INSPECTION REQUIREMENTS OF DIFFERENT VERTICALS 146

TABLE 93              NDT AND INSPECTION MARKET, BY VERTICAL, 2021–2024 (USD MILLION)            147

TABLE 94              NDT AND INSPECTION MARKET, BY VERTICAL, 2025–2030 (USD MILLION)            147

TABLE 95              MANUFACTURING: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2021–2024 (USD MILLION)            149

TABLE 96              MANUFACTURING: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2025–2030 (USD MILLION)            149

TABLE 97              MANUFACTURING: NDT AND INSPECTION MARKET, BY REGION,

2021–2024 (USD MILLION)            149

TABLE 98              MANUFACTURING: NDT AND INSPECTION MARKET, BY REGION,

2025–2030 (USD MILLION)            149

TABLE 99              OIL & GAS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE,

2021–2024 (USD MILLION)            151

TABLE 100            OIL & GAS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE,

2025–2030 (USD MILLION)            151

TABLE 101            OIL & GAS: NDT AND INSPECTION MARKET, BY REGION,

2021–2024 (USD MILLION)            151

TABLE 102            OIL & GAS: NDT AND INSPECTION MARKET, BY REGION,

2025–2030 (USD MILLION)            152

TABLE 103            APPLICATIONS OF NDT AND INSPECTION TECHNIQUES IN AEROSPACE VERTICAL                155

TABLE 104            NDT AND INSPECTION METHODS USED IN AEROSPACE VERTICAL  155

TABLE 105            AEROSPACE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE,

2021–2024 (USD MILLION)            156

TABLE 106            AEROSPACE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE,

2025–2030 (USD MILLION)            156

TABLE 107            AEROSPACE: NDT AND INSPECTION MARKET, BY REGION,

2021–2024 (USD MILLION)            156

TABLE 108            AEROSPACE: NDT AND INSPECTION MARKET, BY REGION,

2025–2030 (USD MILLION)            156

TABLE 109            ESSENTIAL NDT AND INSPECTION TECHNIQUES FOR AIRCRAFT MAINTENANCE    158

TABLE 110            PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2021–2024 (USD MILLION) 160

TABLE 111            PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2025–2030 (USD MILLION) 160

TABLE 112            PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY REGION,

2021–2024 (USD MILLION)            160

TABLE 113            PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY REGION,

2025–2030 (USD MILLION)            161

TABLE 114            ADVANTAGES OF USING DIFFERENT NDT AND INSPECTION TECHNOLOGIES IN AUTOMOTIVE VERTICAL                 165

TABLE 115          AUTOMOTIVE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2021–2024 (USD MILLION)                 167

TABLE 116          AUTOMOTIVE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2025–2030 (USD MILLION)                 167

TABLE 117          AUTOMOTIVE: NDT AND INSPECTION MARKET, BY REGION,

2021–2024 (USD MILLION)            167

TABLE 118          AUTOMOTIVE: NDT AND INSPECTION MARKET, BY REGION,

2025–2030 (USD MILLION)            168

TABLE 119            POWER: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE,

2021–2024 (USD MILLION)            169

TABLE 120            POWER: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE,

2025–2030 (USD MILLION)            169

TABLE 121            POWER: NDT AND INSPECTION MARKET, BY REGION, 2021–2024 (USD MILLION)          169

TABLE 122            POWER: NDT AND INSPECTION MARKET, BY REGION, 2025–2030 (USD MILLION)          170

TABLE 123            APPLICATIONS OF NDT AND INSPECTION TECHNIQUES IN NUCLEAR POWER PLANTS        170

TABLE 124            OTHER VERTICALS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2021–2024 (USD MILLION)            173

TABLE 125            OTHER VERTICALS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2025–2030 (USD MILLION)            173

TABLE 126            OTHER VERTICALS: NDT AND INSPECTION MARKET, BY REGION,

2021–2024 (USD MILLION)            173

TABLE 127            OTHER VERTICALS: NDT AND INSPECTION MARKET, BY REGION,

2025–2030 (USD MILLION)            174

TABLE 128            NDT AND INSPECTION MARKET, BY REGION, 2021–2024 (USD MILLION)            177

TABLE 129            NDT AND INSPECTION MARKET, BY REGION, 2025–2030 (USD MILLION)            178

TABLE 130            NORTH AMERICA: NDT AND INSPECTION MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            179

TABLE 131            NORTH AMERICA: NDT AND INSPECTION MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            180

TABLE 132            NORTH AMERICA: NDT AND INSPECTION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            180

TABLE 133            NORTH AMERICA: NDT AND INSPECTION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            180

TABLE 134            NORTH AMERICA: NDT AND INSPECTION MARKET, BY TECHNIQUE & SERVICE, 2021–2024 (USD MILLION)                 181

TABLE 135            NORTH AMERICA: NDT AND INSPECTION MARKET, BY TECHNIQUE & SERVICE, 2025–2030 (USD MILLION)                 181

TABLE 136            EUROPE: NDT AND INSPECTION MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            185

TABLE 137            EUROPE: NDT AND INSPECTION MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            185

TABLE 138            EUROPE: NDT AND INSPECTION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            185

TABLE 139            EUROPE: NDT AND INSPECTION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            186

TABLE 140            EUROPE: NDT AND INSPECTION MARKET, BY TECHNIQUE & SERVICE,

2021–2024 (USD MILLION)            186

TABLE 141            EUROPE: NDT AND INSPECTION MARKET, BY TECHNIQUE & SERVICE,

2025–2030 (USD MILLION)            186

TABLE 142            ASIA PACIFIC: NDT AND INSPECTION MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            191

TABLE 143            ASIA PACIFIC: NDT AND INSPECTION MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            192

TABLE 144            ASIA PACIFIC: NDT AND INSPECTION MARKET, BY VERTICAL,

2021–2024 (USD MILLION)            192

TABLE 145            ASIA PACIFIC: NDT AND INSPECTION MARKET, BY VERTICAL,

2025–2030 (USD MILLION)            192

TABLE 146            ASIA PACIFIC: NDT AND INSPECTION MARKET, BY TECHNIQUE & SERVICE,

2021–2024 (USD MILLION)            193

TABLE 147            ASIA PACIFIC: NDT AND INSPECTION MARKET, BY TECHNIQUE & SERVICE,

2025–2030 (USD MILLION)            193

TABLE 148            ROW: NDT AND INSPECTION MARKET, BY REGION, 2021–2024 (USD MILLION)          198

TABLE 149            ROW: NDT AND INSPECTION MARKET, BY REGION, 2025–2030 (USD MILLION)          198

TABLE 150            ROW: NDT AND INSPECTION MARKET, BY VERTICAL, 2021–2024 (USD MILLION)     198

TABLE 151            ROW: NDT AND INSPECTION MARKET, BY VERTICAL, 2025–2030 (USD MILLION)     199

TABLE 152            ROW: NDT AND INSPECTION MARKET, BY TECHNIQUE & SERVICE,

2021–2024 (USD MILLION)          199

TABLE 153            ROW: NDT AND INSPECTION MARKET, BY TECHNIQUE & SERVICE,

2025–2030 (USD MILLION)            199

TABLE 154            MIDDLE EAST: NDT AND INSPECTION MARKET, BY REGION,

2021–2024 (USD MILLION)            200

TABLE 155            MIDDLE EAST: NDT AND INSPECTION MARKET, BY REGION,

2025–2030 (USD MILLION)            200

TABLE 156            NDT AND INSPECTION MARKET: KEY PLAYERS’ STRATEGIES/RIGHT TO WIN,

2020–2025              202

TABLE 157            NDT AND INSPECTION MARKET: MARKET SHARE ANALYSIS OF TOP FIVE

PLAYERS, 2024   204

TABLE 158            NDT AND INSPECTION MARKET: REGION FOOTPRINT, 2024             213

TABLE 159            NDT AND INSPECTION MARKET: SERVICE FOOTPRINT, 2024             214

TABLE 160            NDT AND INSPECTION MARKET: VERTICAL FOOTPRINT, 2024             215

TABLE 161            NDT AND INSPECTION MARKET: DETAILED LIST OF KEY STARTUPS/SMES, 2024         218

TABLE 162            NDT AND INSPECTION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, 2024                218

TABLE 163            NDT AND INSPECTION MARKET: PRODUCT/SERVICE LAUNCHES,

JANUARY 2020–JULY 2025               220

TABLE 164            NDT AND INSPECTION MARKET: DEALS, JANUARY 2020–JULY 2025               221

TABLE 165            NDT AND INSPECTION MARKET: EXPANSIONS, JANUARY 2020–JULY 2025               222

TABLE 166            NDT AND INSPECTION MARKET: OTHER DEVELOPMENTS,

JANUARY 2020–JULY 2025               223

TABLE 167            SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: COMPANY OVERVIEW   225

TABLE 168            SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: PRODUCTS/SOLUTIONS/SERVICES OFFERED    226

TABLE 169            SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: DEALS  226

TABLE 170            BUREAU VERITAS: COMPANY OVERVIEW                 229

TABLE 171            BUREAU VERITAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    230

TABLE 172            BUREAU VERITAS: EXPANSIONS                231

TABLE 173            BAKER HUGHES COMPANY: COMPANY OVERVIEW          233

TABLE 174            BAKER HUGHES COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    234

TABLE 175            BAKER HUGHES COMPANY: PRODUCT/SERVICE LAUNCHES          236

TABLE 176            BAKER HUGHES COMPANY: DEALS         237

TABLE 177            APPLUS+: COMPANY OVERVIEW              239

TABLE 178            APPLUS+: PRODUCTS/SOLUTIONS/SERVICES OFFERED             240

TABLE 179            APPLUS+: DEALS              242

TABLE 180            APPLUS+: OTHER DEVELOPMENTS        243

TABLE 181            INTERTEK GROUP PLC: COMPANY OVERVIEW                 244

TABLE 182            INTERTEK GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    245

TABLE 183            INTERTEK GROUP PLC: PRODUCT/SERVICE LAUNCHES          247

TABLE 184            INTERTEK GROUP PLC: EXPANSIONS     247

TABLE 185            MISTRAS GROUP: COMPANY OVERVIEW                 249

TABLE 186            MISTRAS GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    250

TABLE 187            MISTRAS GROUP: PRODUCT/SERVICE LAUNCHES          252

TABLE 188            MISTRAS GROUP: DEALS              253

TABLE 189            MISTRAS GROUP: OTHER DEVELOPMENTS                 253

TABLE 190            WABTEC CORPORATION: COMPANY OVERVIEW                 254

TABLE 191            WABTEC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    255

TABLE 192            WABTEC CORPORATION: DEALS              256

TABLE 193            ASHTEAD TECHNOLOGY: COMPANY OVERVIEW          257

TABLE 194            ASHTEAD TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    258

TABLE 195            ASHTEAD TECHNOLOGY: PRODUCT/SERVICE LAUNCHES          261

TABLE 196            ASHTEAD TECHNOLOGY: DEALS              261

TABLE 197            TÜV RHEINLAND: COMPANY OVERVIEW                 263

TABLE 198            TÜV RHEINLAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED    265

TABLE 199            TÜV RHEINLAND: DEALS             266

TABLE 200            DEKRA: COMPANY OVERVIEW  267

TABLE 201            DEKRA: PRODUCTS/SOLUTIONS/SERVICES OFFERED             268

TABLE 202            DEKRA: EXPANSIONS     269

LIST OF FIGURES

FIGURE 1              NDT AND INSPECTION MARKET SEGMENTATION AND REGIONAL SCOPE              27

FIGURE 2              NDT AND INSPECTION MARKET: RESEARCH DESIGN                31

FIGURE 3              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED BY KEY PLAYERS              36

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE): ILLUSTRATION OF REVENUE ESTIMATION OF KEY PLAYERS  37

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE) —BOTTOM-UP ESTIMATION OF MARKET SIZE BASED ON REGION             38

FIGURE 6              MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH              39

FIGURE 7              MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH                40

FIGURE 8              DATA TRIANGULATION: NDT AND INSPECTION MARKET               41

FIGURE 9              NDT AND INSPECTION MARKET SNAPSHOT                 45

FIGURE 10            OTHER SERVICES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD      45

FIGURE 11            ULTRASONIC TESTING SEGMENT TO ACCOUNT FOR LARGEST

MARKET SHARE IN 2025 46

FIGURE 12            OIL & GAS TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030 46

FIGURE 13            ASIA PACIFIC NDT AND INSPECTION MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD                 47

FIGURE 14            INCREASED DEMAND FOR ACOUSTIC EMISSION TESTING TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS           48

FIGURE 15            ULTRASONIC TESTING SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2025                48

FIGURE 16            OTHER SERVICES SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD      49

FIGURE 17            OIL & GAS TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD     49

FIGURE 18            NORTH AMERICA TO BE LARGEST NDT AND INSPECTION MARKET DURING FORECAST PERIOD         50

FIGURE 19            INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD         50

FIGURE 20            NDT AND INSPECTION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES         51

FIGURE 21            NDT AND INSPECTION MARKET: IMPACT ANALYSIS OF DRIVERS  56

FIGURE 22            NDT AND INSPECTION MARKET: IMPACT ANALYSIS OF RESTRAINTS           58

FIGURE 23            NDT AND INSPECTION MARKET: IMPACT ANALYSIS OF OPPORTUNITIES 60

FIGURE 24            NDT AND INSPECTION MARKET: IMPACT ANALYSIS OF CHALLENGES         63

FIGURE 25            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   63

FIGURE 26            AVERAGE SELLING PRICE TREND OF ULTRASONIC TESTING

TECHNIQUES, 2021–2024                64

FIGURE 27            AVERAGE SELLING PRICE TREND OF ULTRASONIC TESTING TECHNIQUES,

BY REGION, 2021–2024    65

FIGURE 28            NDT AND INSPECTION MARKET: VALUE CHAIN ANALYSIS            66

FIGURE 29            NDT AND INSPECTION MARKET: ECOSYSTEM ANALYSIS            68

FIGURE 30            PATENTS ANALYSIS        71

FIGURE 31            IMPORT SCENARIO FOR HS CODE 9031-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024            73

FIGURE 32            EXPORT SCENARIO FOR HS CODE 9031-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024            74

FIGURE 33            NDT AND INSPECTION MARKET: PORTER’S FIVE FORCES ANALYSIS 82

FIGURE 34            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS   84

FIGURE 35            KEY BUYING CRITERIA FOR TOP THREE VERTICALS         84

FIGURE 36            IMPACT OF AI/GEN AI ON NDT AND INSPECTION MARKET   86

FIGURE 37            KEY APPLICATIONS OF NDT AND INSPECTION TECHNIQUES    89

FIGURE 38            ULTRASONIC TESTING SEGMENT TO ACCOUNT FOR LARGEST SHARE OF

NDT AND INSPECTION MARKET IN 2030                99

FIGURE 39            INSPECTION SERVICES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF

NDT AND INSPECTION MARKET IN 2030                128

FIGURE 40            OIL & GAS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2025             147

FIGURE 41            NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2030          177

FIGURE 42            NORTH AMERICA: NDT AND INSPECTION MARKET SNAPSHOT       179

FIGURE 43            EUROPE: NDT AND INSPECTION MARKET SNAPSHOT          184

FIGURE 44            ASIA PACIFIC: NDT AND INSPECTION MARKET SNAPSHOT          191

FIGURE 45            NDT AND INSPECTION MARKET SHARE ANALYSIS, 2024  204

FIGURE 46            REVENUE ANALYSIS OF KEY PLAYERS IN NDT AND INSPECTION

MARKET, 2020–2024          207

FIGURE 47            COMPANY VALUATION, 2025      207

FIGURE 48            FINANCIAL METRICS, 2025            208

FIGURE 49            NDT AND INSPECTION SERVICES MARKET: COMPANY EVALUATION

MATRIX (KEY PLAYERS), 2024     209

FIGURE 50            NDT AND INSPECTION EQUIPMENT MARKET: COMPANY EVALUATION

MATRIX (KEY PLAYERS), 2024     211

FIGURE 51            NDT AND INSPECTION MARKET: COMPANY FOOTPRINT, 2024             212

FIGURE 52            NDT AND INSPECTION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 217

FIGURE 53            NDT AND INSPECTION MARKET: BRAND/SERVICE COMPARISON 219

FIGURE 54            SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: COMPANY SNAPSHOT   225

FIGURE 55            BUREAU VERITAS: COMPANY SNAPSHOT                 230

FIGURE 56            BAKER HUGHES COMPANY: COMPANY SNAPSHOT          234

FIGURE 57            APPLUS+: COMPANY SNAPSHOT              240

FIGURE 58            INTERTEK GROUP PLC: COMPANY SNAPSHOT                 245

FIGURE 59            MISTRAS GROUP: COMPANY SNAPSHOT                 250

FIGURE 60            WABTEC CORPORATION: COMPANY SNAPSHOT          255

FIGURE 61            ASHTEAD TECHNOLOGY: COMPANY SNAPSHOT          258

FIGURE 62            TÜV RHEINLAND: COMPANY SNAPSHOT                 264

FIGURE 63            DEKRA: COMPANY SNAPSHOT  268