According to a new Research and Markets report of 187 pages, the global NDT & inspection market is projected to reach up to USD 19.40 billion by 2030 from USD 10.77 billion, at a CAGR of 7.62% during the forecast period.
The new report provides market sizing and forecasts across 7 major currencies. The forecasting is done from 2024 to 2030, using 2022 as its base year and 2018 to 2021 as historical years.
Just a sample of the regional analysis of the report includes:
• The US NDT & Inspection Market size was estimated at USD 3,466.14 million in 2022 and expected to reach USD 3,713.89 million in 2023, at a CAGR of 7.54% to reach USD 6,203.96 million by 2030.
• The Asia-Pacific NDT & Inspection Market size was estimated at USD 3,194.41 million in 2022 and expected to reach USD 3,449.50 million in 2023, at a CAGR of 7.75% to reach USD 5,807.27 million by 2030.
• The Europe, Middle East & Africa NDT & Inspection Market size was estimated at USD 4,116.94 million in 2022 and expected to reach USD 4,419.37 million in 2023, at a CAGR 7.59% to reach USD 7,396.16 million by 2030.
In addition to the geographic and demographic analysis exampled above, the report also forecasts the revenues and analyzes the trends in the sub-markets of:
• Equipment
• Services
• Calibration Services
• Equipment Rental Services
• Inspection Services
• Training Services
• Surface Inspection
• Visual Inspection
• Volumetric Inspection and more
Industries served by this report include Chemicals & Materials, Automotive & Transport, Food & Beverage, Consumer Goods & Services, Energy & Natural Resources, Government & Public Infrastructure, Military Aerospace & Defense, Healthcare, Manufacturing & Construction, Oil & Gas, Pharmaceuticals, and Telecommunications & Computing across a host of regions.
