Inspectioneering
News

Global NDT Equipment Market Poised to Grow by $6.14B from 2021 - 2025

Research and Markets, January 20, 2021

According to a report, "Global Nondestructive Testing (NDT) Equipment Market 2021-2025" recently released by Research and Markets, the global nondestructive testing (NDT) equipment market is poised to grow by $6.14 billion during 2021-2025, progressing at a CAGR of 10% during the forecast period.  

Two of the major drivers identified for this market growth are an increase in the number of oil and gas and power generation projects, and growing demand for remote visual inspection (RVI) in the aerospace industry.  The study also identifies growing regulatory compliance requirements for preventing accidents as one of the prime reasons driving the nondestructive testing equipment market growth during the next few years.

The report also provides a detailed analysis of several leading nondestructive testing equipment market vendors, as well as information on upcoming trends and challenges that will influence market growth. 

Click here to read the full article from Research and Markets.


Comments and Discussion

There are no comments yet.

Add a Comment

Please log in or register to participate in comments and discussions.


Inspectioneering Journal

Explore over 20 years of articles written by our team of subject matter experts.

Company Directory

Find relevant products, services, and technologies.

Talent Solutions

Discover job opportunities that match your skillset.

Case Studies

Learn from the experience of others in the industry.

Integripedia

Inspectioneering's index of mechanical integrity topics – built by you.

Industry News

Stay up-to-date with the latest inspection and asset integrity management news.

Blog

Read short articles and insights authored by industry experts.

Expert Interviews

Inspectioneering's archive of interviews with industry subject matter experts.

Event Calendar

Find upcoming conferences, training sessions, online events, and more.

Downloads

Downloadable eBooks, Asset Intelligence Reports, checklists, white papers, and more.

Videos

Watch educational and informative videos directly related to your profession.

Acronyms

Commonly used asset integrity management and inspection acronyms.