Nondestructive Testing Equipment Market, Global Outlook and Forecast 2023-2029

Non-Destructive Testing Equipment (NDTE) is a wide group of equipment used in science and industry to evaluate the properties of a material, component or system without causing damage.
This report aims to provide a comprehensive presentation of the global market for Nondestructive Testing Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Nondestructive Testing Equipment. This report contains market size and forecasts of Nondestructive Testing Equipment in global, including the following market information:
Global Nondestructive Testing Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Nondestructive Testing Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Nondestructive Testing Equipment companies in 2022 (%)
The global Nondestructive Testing Equipment market was valued at US$ 4783.7 million in 2022 and is projected to reach US$ 5958.4 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global non-destructive testing equipment key players include Zeiss, Fujifilm, General Electric, etc. Global top 5 players hold a share about 40%.
North America is the largest market, with a share about 33%, followed by Europe and Asia-Pacific, having a total share about 60 percent. 
In terms of product, ultrasonic testing equipment is the largest segment, with a share about 30%. And in terms of application, the largest application is aerospace & defense industry, followed by oil & gas industry.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Nondestructive Testing Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Nondestructive Testing Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Nondestructive Testing Equipment Market Segment Percentages, by Type, 2022 (%)
    Ultrasonic Testing
    Radiography Testing
    Visual Inspection Testing
    Magnetic Particle Testing & Electromagnetic Testing
    Eddy-Current Testing
    Liquid Penetrant Testing
    Others (Thermography Testing, Acoustic Emission, Terahertz Imaging, and Infrared Testing)
Global Nondestructive Testing Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Nondestructive Testing Equipment Market Segment Percentages, by Application, 2022 (%)
    Oil & Gas
    Energy & power
    Aerospace & Defense
    Automotive & transportation
    Infrastructure
    Others
Global Nondestructive Testing Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Nondestructive Testing Equipment Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Nondestructive Testing Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Nondestructive Testing Equipment revenues share in global market, 2022 (%)
Key companies Nondestructive Testing Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Nondestructive Testing Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    General Electric
    Olympus
    Fujifilm
    Eddyfi
    Pfinder
    Nikon
    Ashtead
    Sonatest
    Bosello High Technology
    Magnaflux
    Socomore and Zetec
    Yxlon
    Mistras
Outline of Major Chapters:
Chapter 1: Introduces the definition of Nondestructive Testing Equipment, market overview.
Chapter 2: Global Nondestructive Testing Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Nondestructive Testing Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Nondestructive Testing Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Nondestructive Testing Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.