The global non-destructive testing services in the aerospace and defense market are estimated to reach $1,817.2 million in 2033 from $1,294.9 million in 2022, at a CAGR of 3.34% during the forecast period 2023-2033.
The NDT services providers have witnessed the demand from space agencies, defense, and the growing commercial industry.
Market Lifecycle Stage
The NDT has been critical in the aerospace and defense industry and is currently at a mature stage, having consistent and stable demand.
The use of NDT in the defense industry and aerospace has a history that starts from Second World War and has a significant role in conducting the World War II. Visual testing was used to a great extent to determine the surface anomalies to detect surface imperfections.
In recent years, non-destructive testing has included various methods such as ultrasonic testing, eddy current testing, magnetic particle inspection, and radiographic inspection. These testing methods are being used to detect surface, sub-surface, and internal defects in components used in the aerospace and defense industry.
Furthermore, the NDT market has opportunities for more growth due to technological advancements such as machine learning and artificial intelligence for higher accuracy and efficient inspection. Additionally, the requirement for aircraft maintenance and inspections to maintain high quality and safety standards drive the demand for NDT services growth. The space industry is also experiencing significant growth with increased activities such as the extensive deployment of satellite constellations, which needs NDT services to qualify space-grade components.
Some major players with a global presence providing NDT services in the defense industry and aerospace are Zetec, Inc., Acuren, Waygate Technologies, MISTRAS Group, and FORCE Technology.
Impact
The global non-destructive testing services in the aerospace and defense market are observing demand from end users such as the aviation and defense industry. The space industry is also growing and will experience significant demand from 2023-2033. The major challenge faced in the NDT market is the increasing size of components that impose difficulty on most of the NDT equipment available.
Furthermore, in the upcoming years, the deployment of satellite constellations and other rising space activities will witness an increase in demand for NDT. The space and aviation industry is using advanced materials such as composites for the manufacturing of the components that require advanced NDT. Thus, advanced NDT methods such as computed tomography are being used for the inspections. Additionally, integrating artificial intelligence and machine learning in the NDT further increases testing speed and quality.
Market Dynamics
Market Drivers
Easy Integration with the Manufacturing Process
Increase in Demand to Maintain High Standards
Market Challenges
Limitations in Testing Large and Complex Structures
Unskilled Labor for the NDT Industry 4.0
Market Strategies
New Product Launches
Corporate Strategies
Partnerships, Collaborations, Agreements, and Contracts
Mergers and Acquisitions
Market Opportunities
Upcoming Demand for Satellite Constellation to Cater NewSpace Ecosystem
Key Market Players and Competition Synopsis
Profiled companies have been selected based on inputs gathered from primary experts and analysis of the company's coverage, product portfolio, and market penetration.
The top segment players leading the market include established players of non-destructive testing (NDT) services that constitute 76% of the presence in the market. Other players include small entities that account for approximately 24% of the company in the market.
Key Companies Profiled
Acuren
Applus Services, S.A.
CvdTek, Inc
Element Materials Technology
FORCE Technology
Intertek Group plc
Lynx Inspection Inc.
L3Harris Technologies, Inc.
Magnetic Inspection Laboratory, Inc.
MISTRAS Group
QC Laboratories, Inc.
SGS Societe Generale de Surveillance SA
TEAM Inc.
Testia
T.W.I. Ltd.
Waygate Technologies
Market Segmentation:
Segmentation 1: by Type
Ultrasonic Testing
Radiographic Testing
Eddy Current Testing
Magnetic Particle Testing
Penetrant Testing
Visual Testing
Leak Detection Testing
Acoustic Emission Testing
Shearography
Thermography
Segmentation 2: by End User
Aviation
Aircraft Manufacturing
Aircraft Maintenance
Space
Manufacturing
Infrastructure Maintenance
Defense
Manufacturing
Maintenance
Segmentation 3: by Region
North America - U.S. and Canada
Europe - Germany, France, U.K., Spain, and Rest-of-Europe
Asia-Pacific - China, India, Japan, and Rest-of-Asia-Pacific
Rest-of-the-World - Middle East and Africa, and Latin America
During the forecast period, North America is expected to dominate the global non-destructive testing (NDT) services in the aerospace and defense market. The factor attributed to this region's growth is the high presence of critical companies highly engaged in developing and demonstrating non-destructive testing (NDT) service capabilities in the area.
Recent Developments in Global Non-Destructive Testing Services in the Aerospace and Defense Market
In November 2022, Applus Services, S.A. signed a cooperative agreement with sending GmbH, a Germany-based software company, to enhance testing with artificial intelligence (A.I.). The company would integrate A.I. with its inspection and work with sent in GmbH in image recognition and evaluation.
In September 2022, T.W.I. Ltd. signed a memorandum of understanding with Cutech, a Singapore-based inspection services provider, to collaborate and work on advanced inspection services. The Cutech has a global presence in Saudi Arabia, the U.A.E., India, Indonesia, and Malaysia and provides non-destructive testing services to defense, oil and gas, and petrochemical industries. The partnership of both companies would utilize their inspection expertise and develop new advanced NDT solutions.
U.S.P. of the Report
A dedicated section on growth opportunities and recommendations
Qualitative and quantitative analysis of the non-destructive testing (NDT) services in the aerospace and defense market based on the type and end-user at the regional and country level segments.
Key Questions Answered in the Report
What is a non-destructive testing (NDT), and what types of methods are used for NDT services in the market?
What new strategies are the existing market players adopting to strengthen their market position in the industry?
For a new company looking to enter the non-destructive testing (NDT) services in the aerospace and defense market, what areas could it focus on to stay ahead of the competition?
Who should buy this report?
Key Topics Covered:
1 Market
2 Service
3 Region
4 Markets - Competitive Benchmarking & Company Profiles
5 Growth Opportunities and Recommendations
6 Research Methodology
Source- ResearchAndMarkets.com
