세계의 NDT 및 검사 시장 (~2028년)

1 INTRODUCTION 27
1.1 STUDY OBJECTIVES 27
1.2 MARKET DEFINITION 27
1.2.1 INCLUSIONS AND EXCLUSIONS 28
1.3 STUDY SCOPE 29
1.3.1 MARKETS COVERED 29
1.3.2 GEOGRAPHIC SCOPE 30
1.3.3 YEARS CONSIDERED 30
1.4 CURRENCY CONSIDERED 30
1.5 LIMITATIONS 31
1.6 UNIT CONSIDERED 31
1.7 STAKEHOLDERS 31
1.8 SUMMARY OF CHANGES 31
1.9 RECESSION IMPACT 32
2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
FIGURE 1 NDT AND INSPECTION MARKET: PROCESS FLOW FOR MARKET SIZE ESTIMATION 33
FIGURE 2 RESEARCH DESIGN: NDT AND INSPECTION MARKET 34
2.1.1 SECONDARY DATA 35
2.1.1.1 Key data from secondary sources 35
2.1.2 PRIMARY DATA 36
2.1.2.1 Key data from primary sources 36
2.1.2.2 Key industry insights 37
2.1.2.3 Breakdown of primaries 37
2.1.2.4 Primary interviews with experts 38
2.1.3 SECONDARY AND PRIMARY DATA 38
2.2 MARKET SIZE ESTIMATION 39
2.2.1 BOTTOM-UP APPROACH 39
2.2.1.1 Approach to obtain market size using bottom-up analysis (demand side) 39
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS 40
2.2.2 TOP-DOWN APPROACH 40
2.2.2.1 Approach to obtain market size using top-down analysis (supply side) 41
FIGURE 4 NDT AND INSPECTION MARKET SIZE ESTIMATION METHODOLOGY: DEMAND SIDE ANALYSIS 41
 
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 42
FIGURE 5 DATA TRIANGULATION 42
2.4 RESEARCH ASSUMPTIONS 43
FIGURE 6 ASSUMPTIONS FOR RESEARCH STUDY 43
2.5 RESEARCH LIMITATIONS 43
2.6 RISK ASSESSMENT 44
2.7 IMPACT OF RECESSION ON NDT AND INSPECTION MARKET 44
TABLE 1 NDT AND INSPECTION MARKET: IMPACT OF RECESSION ON END-USER VERTICALS 44
3 EXECUTIVE SUMMARY 46
FIGURE 7 NDT AND INSPECTION MARKET: PRE- VS. POST-RECESSION ANALYSIS 47
FIGURE 8 SERVICE SEGMENT TO HOLD LARGEST MARKET SHARE IN TERMS OF VALUE THROUGHOUT FORECAST PERIOD 47
FIGURE 9 UT SEGMENT TO HOLD LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2023 IN TERMS OF VALUE 48
FIGURE 10 POWER GENERATION SEGMENT OF NDT AND INSPECTION MARKET TO HOLD LARGEST SHARE FROM 2023 TO 2028 IN TERMS OF VALUE 48
FIGURE 11 INSPECTION SERVICES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET FROM 2023 TO 2028 IN TERMS OF VALUE 49
FIGURE 12 NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2022 IN TERMS OF VALUE 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NDT AND INSPECTION MARKET 51
FIGURE 13 SIGNIFICANT GROWTH OPPORTUNITIES FOR NDT AND INSPECTION MARKET FROM 2023 TO 2028 51
4.2 NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE 51
FIGURE 14 SERVICE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2023 TO 2028 IN TERMS OF VALUE 51
4.3 NDT AND INSPECTION MARKET, BY SERVICE 52
FIGURE 15 INSPECTION SERVICES TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET FROM 2023 TO 2028 IN TERMS OF VALUE 52
4.4 NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY AND TECHNIQUE, 2022 52
FIGURE 16 CHINA AND UT TECHNIQUE SEGMENT HELD LARGEST SHARES IN OVERALL NDT AND INSPECTION MARKET IN ASIA PACIFIC IN 2022 52
4.5 NDT AND INSPECTION MARKET, BY REGION 53
FIGURE 17 NDT AND INSPECTION MARKET IN INDIA TO GROW AT HIGHEST CAGR FROM 2023 TO 2028 IN TERMS OF VALUE 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
5.2 MARKET DYNAMICS 55
FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES AFFECTING NDT AND INSPECTION MARKET 55
5.2.1 DRIVERS 55
5.2.1.1 Regulatory compliance by governments regarding public safety and product quality 55
5.2.1.2 Increased adoption of NDT and inspection equipment and services in electronics, automation, and robotics industries 56
5.2.1.3 High adoption of IoT devices 57
5.2.1.4 Increased demand for structural health monitoring of infrastructures 57
5.2.1.5 Higher demand for Artificial Intelligence in NDT and inspection 58
FIGURE 19 NDT AND INSPECTION MARKET DRIVERS AND THEIR IMPACT 58
5.2.2 RESTRAINTS 59
5.2.2.1 Dearth of skilled and qualified personnel to carry out NDT and inspection activities 59
5.2.2.2 Huge investments in NDT and inspection equipment 59
FIGURE 20 NDT AND INSPECTION MARKET RESTRAINTS AND THEIR IMPACT 59
5.2.3 OPPORTUNITIES 60
5.2.3.1 Large-scale infrastructural developments in Asia Pacific, Europe, and South America 60
5.2.3.2 Increased demand for NDT and inspection services from power generation industry 60
5.2.3.3 Technological advancements in NDT and inspection techniques and emergence of new applications 61
5.2.3.4 Importance of NDT and inspection activities in controlling corrosion in aging infrastructures 61
FIGURE 21 NDT AND INSPECTION MARKET OPPORTUNITIES AND THEIR IMPACT 62
5.2.4 CHALLENGES 62
5.2.4.1 Reluctance to adopt new and high-cost NDT and inspection techniques 62
5.2.4.2 Increased complexity of machines and structures 62
5.2.4.3 High replacement costs of automated NDT and inspection equipment 63
FIGURE 22 NDT AND INSPECTION MARKET CHALLENGES AND THEIR IMPACT 63
5.3 EVOLUTION OF NDT AND INSPECTION METHODS 64
FIGURE 23 NDT AND INSPECTION METHODS: EVOLUTION 64
5.4 SUPPLY CHAIN ANALYSIS 64
FIGURE 24 SUPPLY CHAIN: NDT AND INSPECTION MARKET 65
5.5 ECOSYSTEM 66
FIGURE 25 NDT AND INSPECTION MARKET: ECOSYSTEM 66
TABLE 2 COMPANIES AND THEIR ROLES IN NDT AND INSPECTION ECOSYSTEM 67
5.6 AVERAGE SELLING PRICE ANALYSIS 68
FIGURE 26 AVERAGE SELLING PRICE OF NDT AND INSPECTION TECHNIQUES 68
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 68
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS RELATED TO NDT AND INSPECTION MARKET 69
5.8 TECHNOLOGY ANALYSIS 69
5.8.1 EMERGING TRENDS AND TECHNOLOGIES IN NDT AND INSPECTION MARKET 70
5.8.1.1 Drone inspection 70
5.8.1.2 IoT-powered real-time NDT for predictive maintenance 70
5.8.1.3 Use of artificial intelligence to detect defects 70
5.8.1.4 Use of combination techniques 70
5.8.1.5 Development of new materials to refurbish market 71
5.8.1.6 Increased customer expectations from NDT and inspection equipment 71
5.9 IMPACT OF EMERGING TECHNOLOGIES ON NDT 71
5.10 PORTER’S FIVE FORCES ANALYSIS 71
TABLE 3 IMPACT OF PORTER’S FIVE FORCES ON NDT AND INSPECTION MARKET 72
FIGURE 28 NDT AND INSPECTION MARKET: PORTER’S FIVE FORCE ANALYSIS 72
5.10.1 BARGAINING POWER OF SUPPLIERS 72
5.10.2 BARGAINING POWER OF BUYERS 72
5.10.3 THREAT OF NEW ENTRANTS 73
5.10.4 THREAT OF SUBSTITUTES 73
5.10.5 INTENSITY OF COMPETITIVE RIVALRY 73
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA 74
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS 74
FIGURE 29 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VERTICAL 74
TABLE 4 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS, BY VERTICAL (%) 74
5.11.2 BUYING CRITERIA 75
FIGURE 30 KEY BUYING CRITERIA, BY VERTICAL 75
TABLE 5 KEY BUYING CRITERIA, BY VERTICAL 75
5.12 CASE STUDIES 76
5.12.1 BOLT-LOAD IN-SERVICE INSPECTION AND MONITORING 76
TABLE 6 CASE STUDY 1: BOLT-LOAD IN-SERVICE INSPECTION AND MONITORING THROUGH NOVEL NON-DESTRUCTIVE TESTING TECHNOLOGIES 76
5.12.2 GENEVA’S OIL TANK INSPECTION 76
TABLE 7 CASE STUDY 2: GENEVA’S OIL TANK INSPECTION—REMOTE MONITORING USING DRONES 76
5.12.3 REDUCING BOILER DOWNTIME AT EFW (ENERGY-FROM-WASTE) FACILITIES USING INNERSPEC’S THICKNESS MEASUREMENT TECHNOLOGY 77
TABLE 8 CASE STUDY 3: REDUCING BOILER DOWNTIME AT EFW (ENERGY-FROM-WASTE) 77
5.13 TRADE DATA ANALYSIS 78
TABLE 9 IMPORT DATA ON MEASURING OR CHECKING INSTRUMENTS, APPLIANCES, AND MACHINES, BY COUNTRY, 2017–2021 (USD MILLION) 78
FIGURE 31 NDT AND INSPECTION MARKET: IMPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION) 79
TABLE 10 EXPORT DATA ON MEASURING OR CHECKING INSTRUMENTS, APPLIANCES, AND MACHINES, BY COUNTRY, 2017–2021 (USD MILLION) 79
FIGURE 32 NDT AND INSPECTION MARKET: EXPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION) 80
5.14 PATENT ANALYSIS 80
TABLE 11 NOTABLE PATENTS RELATED TO NDT AND INSPECTION MARKET 81
TABLE 12 NUMBER OF PATENTS REGISTERED RELATED TO NDT AND INSPECTION MARKET IN LAST 10 YEARS 84
FIGURE 33 TOP 10 COMPANIES WITH HIGHEST NO. OF PATENT APPLICATIONS IN LAST 10 YEARS 85
FIGURE 34 NO. OF PATENTS GRANTED PER YEAR, 2012–2021 85
5.15 KEY CONFERENCES AND EVENTS, 2022–2023 86
TABLE 13 NDT AND INSPECTION MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 86
5.16 REGULATIONS AND STANDARDS RELATED TO NDT AND INSPECTION 87
5.16.1 LEADING ASSOCIATIONS FOR NDT AND INSPECTION 87
5.16.1.1 American Society for Nondestructive Testing 87
5.16.1.2 British Institute of Non-Destructive Testing 88
5.16.1.3 ASTM International 91
6 NDT AND INSPECTION MARKET, BY TECHNIQUE 93
6.1 INTRODUCTION 94
FIGURE 35 SERVICE SEGMENT TO ACCOUNT FOR LARGER SIZE OF NDT AND INSPECTION MARKET FROM 2023 TO 2028 94
TABLE 14 NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION) 95
TABLE 15 NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION) 95
FIGURE 36 UT TECHNIQUE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET FROM 2023 TO 2028 96
TABLE 16 NDT AND INSPECTION MARKET, BY TECHNIQUE, 2019–2022 (USD MILLION) 96
TABLE 17 NDT AND INSPECTION MARKET, BY TECHNIQUE, 2023–2028 (USD MILLION) 97
TABLE 18 NDT AND INSPECTION MARKET, BY TECHNIQUE, 2019–2022 (THOUSAND UNITS) 98
TABLE 19 NDT AND INSPECTION MARKET, BY TECHNIQUE, 2023–2028 (THOUSAND UNITS) 98
6.2 ULTRASONIC TESTING (UT) 99
6.2.1 STRAIGHT BEAM TESTING 100
6.2.1.1 Growing deployment of straight beam testing for crack detection 100
6.2.2 ANGLE BEAM TESTING 100
6.2.2.1 Surging demand for angle beam testing in weld inspections 100
6.2.3 IMMERSION TESTING 100
6.2.3.1 Rising adoption of immersion testing in industrial and manufacturing sectors to assure welding quality 100
6.2.4 GUIDED WAVE TESTING 101
6.2.4.1 Growing use of guided wave testing for overall screening of pipe walls 101
6.2.5 PHASED ARRAY TESTING 101
6.2.5.1 Increasing deployment of phased array inspection technique for corrosion, flaw, and crack detection and weld inspection 101
6.2.6 TIME-OF-FLIGHT DIFFRACTION (TOFD) 101
6.2.6.1 Surging adoption of time-of-flight diffraction technique for weld flaw detection 101
 
6.2.7 PROCESS COMPENSATED RESONANCE TESTING (PCRT) 102
6.2.7.1 Increased adoption in aerospace and power generation applications 102
FIGURE 37 NDT AND INSPECTION MARKET, BY PCRT TECHNIQUE, 2019–2028 (USD MILLION) 103
TABLE 20 PCRT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 103
TABLE 21 PCRT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 103
FIGURE 38 OIL AND GAS VERTICAL TO HOLD LARGEST SHARE OF NDT AND INSPECTION MARKET FOR UT TECHNIQUE IN 2022 104
TABLE 22 UT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 104
TABLE 23 UT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 105
TABLE 24 UT: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 105
TABLE 25 UT: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 106
6.3 VISUAL TESTING (VT) 106
6.3.1 GENERAL VISUAL INSPECTION 106
6.3.1.1 Rising demand for deployment of cost-effective general visual inspection technique for quick detection of flaws in test objects 106
6.3.2 AIDED VISUAL INSPECTION 107
6.3.2.1 Growing use of aided visual inspection for predictive and regular maintenance of fixed and movable assets 107
6.3.2.2 Borescopes 107
6.3.2.2.1 Surging demand for borescopes to inspect aircraft engines, steam turbines, diesel engines, and automobile engines 107
6.3.2.3 Endoscopes 107
6.3.2.3.1 Rising adoption of endoscopes in NDT and inspection activities owing to their cost-effectiveness 107
6.3.2.4 Videoscopes 108
6.3.2.4.1 Produce high-quality images for flaw detection 108
TABLE 26 VT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 108
TABLE 27 VT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 109
TABLE 28 VT: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 109
TABLE 29 VT: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 109
6.4 MAGNETIC PARTICLE TESTING (MPT) 110
6.4.1 RISING DEMAND FOR MAGNETIC PARTICLE TESTING TO CONDUCT UNDERWATER INSPECTIONS 110
TABLE 30 MPT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 111
FIGURE 39 MANUFACTURING SEGMENT TO HOLD LARGEST SHARE OF NDT AND INSPECTION MARKET FOR MPT TECHNIQUE IN 2028 111
TABLE 31 MPT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 112
TABLE 32 MPT: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 112
TABLE 33 MPT: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 112
6.5 LIQUID PENETRANT TESTING (LPT) 113
6.5.1 INCREASING DEMAND FOR LIQUID PENETRANT TESTING TO TEST DIFFERENT MATERIALS 113
TABLE 34 COMPARISON OF DIFFERENT LPT TECHNIQUES 113
TABLE 35 LPT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 114
TABLE 36 LPT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 114
TABLE 37 LPT: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 115
TABLE 38 LPT: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 115
6.6 EDDY-CURRENT TESTING (ECT) 115
6.6.1 ALTERNATING CURRENT FIELD MEASUREMENT (ACFM) 116
6.6.1.1 Growing use of ACFM technique in weld and threat inspections of magnetic and non-magnetic components 116
6.6.2 REMOTE FIELD TESTING (RFT) 116
6.6.2.1 Surging use of RFT to detect defects in internal and external surfaces 116
6.6.3 EDDY-CURRENT ARRAY (ECA) 116
6.6.3.1 Surging demand for ECA technique to detect corrosion 116
TABLE 39 ECT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 117
TABLE 40 ECT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 117
TABLE 41 ECT: NDT INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 42 ECT: NDT INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 118
6.7 RADIOGRAPHIC TESTING (RT) 118
6.7.1 X-RAY TESTING 119
6.7.1.1 Rising use of X-ray testing to detect surface and internal discontinuities 119
6.7.2 GAMMA RAY TESTING 119
6.7.2.1 Increasing use of gamma-ray testing to detect internal voids in materials 119
6.7.3 COMPUTED RADIOGRAPHY 119
6.7.3.1 Growing adoption of computed radiography owing to its reliability, flexibility, and cost-effectiveness 119
6.7.4 FILM RADIOGRAPHY 120
6.7.4.1 Surging deployment of film radiography to inspect hidden flaws in different types of materials 120
6.7.5 DIRECT RADIOGRAPHY (REAL-TIME) 120
6.7.5.1 Increasing use of direct radiography to detect cracks 120
TABLE 43 RT: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 120
FIGURE 40 MANUFACTURING VERTICAL TO HOLD LARGEST SHARE OF NDT AND INSPECTION MARKET FOR RT TECHNIQUE FROM 2023 TO 2028 121
TABLE 44 RT: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 121
TABLE 45 RT: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 122
TABLE 46 RT: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 122
6.8 ACOUSTIC EMISSION TESTING (AET) 122
6.8.1 INCREASING DEMAND FOR AET FROM METAL INDUSTRY 122
TABLE 47 AET: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 123
TABLE 48 AET: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 123
TABLE 49 AET: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 124
TABLE 50 AET: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 124
6.9 OTHERS 124
6.9.1 TERAHERTZ IMAGING 124
6.9.1.1 Growing use to test various material layers 124
TABLE 51 APPLICATIONS OF TERAHERTZ IMAGING, BY INDUSTRY 125
6.9.2 NEAR-INFRARED SPECTROSCOPY 125
6.9.2.1 Growing use to meet requirement for testing bulk materials 125
TABLE 52 APPLICATIONS OF NEAR-INFRARED SPECTROSCOPY, BY INDUSTRY 125
TABLE 53 OTHERS: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 126
TABLE 54 OTHERS: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 126
TABLE 55 OTHERS: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 127
TABLE 56 OTHERS: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 127
7 NDT AND INSPECTION MARKET, BY SERVICE 128
7.1 INTRODUCTION 129
TABLE 57 NDT AND INSPECTION MARKET, BY SERVICE, 2019–2022 (USD MILLION) 129
FIGURE 41 INSPECTION SERVICES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2028 129
TABLE 58 NDT AND INSPECTION MARKET, BY SERVICE, 2023–2028 (USD MILLION) 130
7.2 INSPECTION SERVICES 130
7.2.1 ULTRASONIC INSPECTION 131
7.2.1.1 Growing ultrasonic inspections to detect internal defects with high accuracy 131
7.2.2 RADIOGRAPHIC INSPECTION 131
7.2.2.1 Increasing adoption of radiographic inspection to identify planar and volumetric defects 131
7.2.3 VISUAL INSPECTION 132
7.2.3.1 Rising use of cost-effective visual inspection technique to inspect objects, parts, or components 132
7.2.4 MAGNETIC PARTICLE INSPECTION 132
7.2.4.1 Used to spot surface and subsurface discontinuities in ferromagnetic materials 132
7.2.5 ADVANCED EDDY-CURRENT INSPECTION 133
7.2.5.1 Growing demand to detect faults in condensers, tubing, and heat exchangers and inspect complex shapes of conductive materials 133
7.2.6 LIQUID PENETRANT INSPECTION 133
7.2.6.1 Used to expose surface discontinuities in ferromagnetic and non-ferromagnetic materials 133
TABLE 59 INSPECTION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 133
TABLE 60 INSPECTION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 134
7.3 EQUIPMENT RENTAL SERVICES 134
7.3.1 FLOURISHING MARKET FOR EQUIPMENT RENTAL SERVICES GLOBALLY 134
TABLE 61 EQUIPMENT RENTAL SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 135
FIGURE 42 POWER GENERATION SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET FOR EQUIPMENT RENTAL SERVICES IN 2028 136
TABLE 62 EQUIPMENT RENTAL SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 136
7.4 CALIBRATION SERVICES 137
7.4.1 GROWING REQUIREMENT FOR HIGHLY ACCURATE TESTING EQUIPMENT TO DRIVE DEMAND FOR CALIBRATION SERVICES 137
TABLE 63 CALIBRATION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 137
TABLE 64 CALIBRATION SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 138
7.5 TRAINING SERVICES 138
7.5.1 FLOURISHING MARKET FOR TRAINING SERVICES OWING TO RISING DEMAND FOR SKILLED TECHNICIANS 138
TABLE 65 TRAINING SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 139
FIGURE 43 POWER GENERATION SEGMENT TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET FOR TRAINING SERVICES IN 2028 139
TABLE 66 TRAINING SERVICES: NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 140
8 NDT AND INSPECTION MARKET, BY METHOD 141
8.1 INTRODUCTION 142
FIGURE 44 VOLUMETRIC INSPECTION METHOD TO LEAD NDT AND INSPECTION MARKET FROM 2023 TO 2028 142
TABLE 67 NDT AND INSPECTION MARKET, BY METHOD, 2019–2022 (USD MILLION) 143
TABLE 68 NDT AND INSPECTION MARKET, BY METHOD, 2023–2028 (USD MILLION) 143
8.2 VISUAL INSPECTION 143
8.2.1 EMERGENCE OF VISUAL INSPECTION AS MOST COST-EFFECTIVE METHOD FOR SURFACE INSPECTION 143
8.3 SURFACE INSPECTION 144
8.3.1 DEPLOYMENT OF SURFACE INSPECTION METHOD TO DETECT CRACKS AND DISCONTINUITIES ON COMPONENT SURFACES 144
8.4 VOLUMETRIC INSPECTION 145
8.4.1 VOLUMETRIC INSPECTION METHOD HELD LARGEST SHARE OF NDT AND INSPECTION MARKET IN 2022 145
8.5 OTHERS 146
9 NDT AND INSPECTION MARKET, BY VERTICAL 147
9.1 INTRODUCTION 148
TABLE 69 TESTING REQUIREMENTS OF DIFFERENT INDUSTRIES 148
TABLE 70 NDT AND INSPECTION MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 149
FIGURE 45 POWER GENERATION SEGMENT TO HOLD LARGEST MARKET SHARE IN 2022 149
TABLE 71 NDT AND INSPECTION MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 150
9.2 MANUFACTURING 150
9.2.1 ADVANCED NDT AND INSPECTION TECHNIQUES FOR MANUFACTURING VERTICAL 151
9.2.1.1 Electromagnetic acoustic transducer (EMAT) technique 151
9.2.1.1.1 EMAT technique increases overall probability of flaw and fracture detection in metal surfaces 151
TABLE 72 MANUFACTURING: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION) 151
TABLE 73 MANUFACTURING: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION) 151
TABLE 74 MANUFACTURING: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 152
FIGURE 46 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET FOR MANUFACTURING VERTICAL IN 2028 152
TABLE 75 MANUFACTURING: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 152
TABLE 76 MANUFACTURING: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 153
TABLE 77 MANUFACTURING: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 153
TABLE 78 MANUFACTURING: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 153
TABLE 79 MANUFACTURING: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 154
TABLE 80 MANUFACTURING: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 154
TABLE 81 MANUFACTURING: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 154
TABLE 82 MANUFACTURING: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 155
TABLE 83 MANUFACTURING: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 155
 
9.3 OIL AND GAS 155
9.3.1 REFINERIES 156
9.3.1.1 Adoption of NDT and inspection technique to ensure operating safety and avoid unplanned outages 156
9.3.2 TRANSMISSION PIPELINES 156
9.3.2.1 Increased demand for NDT and inspection techniques for inspection and maintenance of transmission pipelines 156
9.3.3 SUBSEA PIPELINES 157
9.3.3.1 Deployment of NDT and inspection techniques for corrosion mapping in subsea pipelines 157
9.3.4 STORAGE TANKS 158
9.3.4.1 Application of NDT and inspection techniques for detection of imperfections in storage tanks 158
9.3.5 ADVANCED NDT TECHNIQUES FOR OIL & GAS VERTICAL 159
9.3.5.1 Long-range ultrasonic technique (LRUT) 159
9.3.5.1.1 Surging adoption of long-range ultrasonic technique in onshore and offshore oil & gas pipelines 159
9.3.5.2 Positive metal identification technique 159
9.3.5.2.1 Use of positive metal identification technique for identification of flow acceleration corrosion 159
TABLE 84 OIL AND GAS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION) 159
TABLE 85 OIL AND GAS: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION) 159
TABLE 86 OIL AND GAS: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 160
TABLE 87 OIL AND GAS: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 160
TABLE 88 OIL AND GAS: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 160
TABLE 89 OIL AND GAS: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 161
TABLE 90 OIL AND GAS: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 161
TABLE 91 OIL AND GAS: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 161
TABLE 92 OIL AND GAS: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 162
TABLE 93 OIL AND GAS: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 162
FIGURE 47 MIDDLE EAST TO HOLD LARGEST SHARE OF NDT AND INSPECTION MARKET FOR OIL AND GAS VERTICAL IN 2023 162
TABLE 94 OIL AND GAS: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 163
TABLE 95 OIL AND GAS: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 163
 
9.4 AEROSPACE 163
TABLE 96 NDT AND INSPECTION TECHNIQUES IN AEROSPACE VERTICAL 164
9.4.1 AIRCRAFT ENGINE PART PRODUCTION 165
9.4.1.1 Deployment of Eddy-current testing, ultrasonic testing, and visual testing for checking aircraft engine parts 165
9.4.2 COMPOSITE AIRFRAME MANUFACTURING 165
9.4.2.1 Increased use of NDT and inspection methods for testing composite materials used in aircraft 165
9.4.3 AIRCRAFT MAINTENANCE 165
9.4.3.1 Deployment of ultrasonic testing, radiographic testing, visual testing, and infrared thermography for aircraft maintenance 165
TABLE 97 ESSENTIAL NDT AND INSPECTION TECHNIQUES FOR AIRCRAFT MAINTENANCE 166
9.4.4 MATERIAL ANALYSIS 166
9.4.4.1 Adoption of penetrant testing for material analysis in aerospace industry 166
9.4.5 ADVANCED NDT AND INSPECTION TECHNIQUES FOR AEROSPACE VERTICAL 167
9.4.5.1 Dynamic thermography 167
9.4.5.1.1 Use of technique for real-time high-speed scanning and contactless inspection of test objects 167
9.4.5.2 Air-coupled ultrasound 167
9.4.5.2.1 Designed to detect defects with high accuracy 167
9.4.5.3 Dynamic interferometry 167
9.4.5.3.1 Helpful in carrying out cost-effective and fast inspections 167
TABLE 98 AEROSPACE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION) 167
TABLE 99 AEROSPACE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION) 168
TABLE 100 AEROSPACE: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 168
TABLE 101 AEROSPACE: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 168
TABLE 102 AEROSPACE: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 169
TABLE 103 AEROSPACE: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 169
TABLE 104 AEROSPACE: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 169
TABLE 105 AEROSPACE: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 170
TABLE 106 AEROSPACE: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 170
TABLE 107 AEROSPACE: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 170
TABLE 108 AEROSPACE: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 171
TABLE 109 AEROSPACE: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 171
9.5 PUBLIC INFRASTRUCTURE 171
9.5.1 MILITARY AND DEFENSE 172
9.5.1.1 Adoption of NDT and inspection techniques to detect flaws and repair military and defense equipment 172
9.5.2 AIRPORT SECURITY 172
9.5.2.1 Increased use of NDT and inspection techniques in airport security to screen goods to be transported 172
9.5.3 RAILWAYS 173
9.5.3.1 Railways use NDT and inspection techniques to check rail wheels, axles, and tracks 173
9.5.4 BRIDGES AND TUNNELS 173
9.5.4.1 Surged demand for maintenance of aging bridges and tunnels 173
9.5.5 BORDER CROSSING 174
9.5.5.1 Increased use of NDT and inspection techniques to check barriers used at border crossing 174
9.5.6 NUCLEAR WASTE STORAGE AND DECOMMISSIONING 174
9.5.6.1 Deployment of NDT and inspection techniques in nuclear power plants for leak detection 174
9.5.7 ADVANCED NDT AND INSPECTION TECHNIQUES EMPLOYED FOR PUBLIC INFRASTRUCTURES 174
9.5.7.1 Impact echo 174
9.5.7.1.1 Useful in carrying out highly accurate and reliable inspections 174
9.5.7.2 Ground penetrating radars (GPR) 175
9.5.7.2.1 Helpful in detecting rebar, corrosion, and delamination in surfaces under test 175
TABLE 110 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION) 175
TABLE 111 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION) 175
TABLE 112 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 176
FIGURE 48 NORTH AMERICA TO HOLD LARGEST SHARE OF NDT AND INSPECTION MARKET FOR PUBLIC INFRASTRUCTURE VERTICAL FROM 2023 TO 2028 176
TABLE 113 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 176
TABLE 114 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 177
TABLE 115 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 177
TABLE 116 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 178
TABLE 117 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 178
TABLE 118 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 178
TABLE 119 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 179
TABLE 120 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 179
TABLE 121 PUBLIC INFRASTRUCTURE: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 179
9.6 AUTOMOTIVE 180
TABLE 122 ADVANTAGES OF USING DIFFERENT NDT AND INSPECTION TECHNOLOGIES IN AUTOMOTIVE VERTICAL 180
9.6.1 ADVANCED NDT AND INSPECTION TECHNIQUES ADOPTED IN AUTOMOTIVE VERTICAL 182
9.6.1.1 High-energy digital radiography 182
9.6.1.1.1 Designed to detect flaws and corrosion in large components of automobiles 182
TABLE 123 AUTOMOTIVE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION) 182
TABLE 124 AUTOMOTIVE: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION) 182
TABLE 125 AUTOMOTIVE: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 183
TABLE 126 AUTOMOTIVE: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 183
TABLE 127 AUTOMOTIVE: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 183
TABLE 128 AUTOMOTIVE: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 184
TABLE 129 AUTOMOTIVE: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 184
TABLE 130 AUTOMOTIVE: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 184
TABLE 131 AUTOMOTIVE: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 185
TABLE 132 AUTOMOTIVE: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 185
TABLE 133 AUTOMOTIVE: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 185
TABLE 134 AUTOMOTIVE: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 186
9.7 POWER GENERATION 186
9.7.1 NUCLEAR POWER PLANTS 187
9.7.1.1 Increased use of NDT and inspection techniques in nuclear power plants 187
TABLE 135 APPLICATIONS OF NDT AND INSPECTION TECHNIQUES IN NUCLEAR POWER PLANTS 187
9.7.2 WIND TURBINES 187
9.7.2.1 Surged activities for maintenance and inspection of wind turbines 187
9.7.3 SOLAR POWER 188
9.7.3.1 Risen use of digital radiography to detect defects accurately and efficiently in solar panels 188
9.7.4 FOSSIL FUEL ENERGY PLANTS 188
9.7.4.1 Increased adoption of radiographic and ultrasonic testing in fossil fuel energy plants 188
9.7.5 ADVANCED NDT AND INSPECTION TECHNIQUES USED IN POWER GENERATION VERTICAL 189
9.7.5.1 Galvano static pulse measurement 189
9.7.5.1.1 Offers real-time evaluation of corrosion in metal structures of power plants 189
9.7.5.2 Ultrasonic pulse echo testing 189
9.7.5.2.1 Detects presence of cracks and porosity in metal or steel structures 189
TABLE 136 POWER GENERATION: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2019–2022 (USD MILLION) 189
TABLE 137 POWER GENERATION: NDT AND INSPECTION MARKET, BY TECHNIQUE AND SERVICE, 2023–2028 (USD MILLION) 189
TABLE 138 POWER GENERATION: NDT AND INSPECTION MARKET, BY REGION, 2019–2022 (USD MILLION) 190
TABLE 139 POWER GENERATION: NDT AND INSPECTION MARKET, BY REGION, 2023–2028 (USD MILLION) 190
TABLE 140 POWER GENERATION: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2022 (USD MILLION) 191
TABLE 141 POWER GENERATION: NDT AND INSPECTION MARKET IN NORTH AMERICA, BY COUNTRY, 2023–2028 (USD MILLION) 191
TABLE 142 POWER GENERATION: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2019–2022 (USD MILLION) 191
TABLE 143 POWER GENERATION: NDT AND INSPECTION MARKET IN EUROPE, BY COUNTRY, 2023–2028 (USD MILLION) 192
TABLE 144 POWER GENERATION: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2022 (USD MILLION) 192
FIGURE 49 CHINA TO ACCOUNT FOR LARGEST SHARE OF NDT AND INSPECTION MARKET FOR POWER GENERATION VERTICAL FROM 2023 TO 2028 193
TABLE 145 POWER GENERATION: NDT AND INSPECTION MARKET IN ASIA PACIFIC, BY COUNTRY, 2023–2028 (USD MILLION) 193
TABLE 146 POWER GENERATION: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2019–2022 (USD MILLION) 194
TABLE 147 POWER GENERATION: NDT AND INSPECTION MARKET IN ROW, BY REGION, 2023–2028 (USD MILLION) 194