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Global Non-Destructive Testing Equipment Market accounted for US$ 8.45 billion in 2020 and is estimated to be US$ 15.21 billion by 2030 and is anticipated to register a CAGR of 6.10 Nondestructive testing equipment is used to analyses or examine assemblies, materials, or components for discontinuities in characteristics without compromising the system’s or part’s serviceability. Nondestructive testing equipment is frequently used to determine material physical qualities such as ultimate tensile strength, impact resistance, ductility, fatigue strength, and fracture toughness. Nondestructive testing is used to ensure the dependability and integrity of products and to control industrial processes.

Over the forecast period, the market is expected to increase significantly due to increased urbanization in developing countries such as India and China, which necessitates large-scale construction and manufacturing projects. Because of the speed of such projects, the executors must create testing mechanisms to assure the quality of work. This tendency is projected to have a favorable impact on the expansion of non-destructive testing in these countries, increasing market penetration globally. Increasing oil and gas projects in the Middle East and North America are projected to use NDT techniques to complete the projects on schedule and with precision, increasing demand for NDT equipment in these regions.

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Key Highlights of Non-Destructive Testing Equipment Market:

Key Market Insights from the report:

Global Non-Destructive Testing Equipment Market accounted for US$ 8.45 billion in 2020 and is estimated to be US$ 15.21 billion by 2030 and is anticipated to register a CAGR of 6.10%.  The Global Non-Destructive Testing Equipment Market report segments the market on the basis of solution, method, technology, end-user and region.

Instruments, Software and Testing Services

Volumteric, Surface Examination and Others

Radiography Testing, Ultrasonic Testing, Magnetic Particle Testing and Liquid Penetrant Testing

Oil & Gas, Power & Energy, Aerospace & Defense and Automotive & Transportation

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Non-Destructive Testing Equipment Market:

The key players operating in the Global Non-Destructive Testing Equipment Market includes General Electric (US), Olympus Corporation (Japan), MISTRAS Group (US), Nikon Metrology (Belgium), and Ashtead Technology (Scotland), YXLON International (Germany), Sonatest (UK), Zetec, Inc. (US), T.D. Williamson Inc. (US), Bosello High Technology srl (Italy), Eddyfi (Canada), and Magnaflux (US), Fischer Technology Inc. (US), Cygnus Instruments Ltd. (UK), NDT Global GmbH (Germany), Acuren (US), and LynX Inspection (Canada).

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Global Non-Destructive Testing Equipment Market, By Solution:

Global Non-Destructive Testing Equipment Market, By Method:

Global Non-Destructive Testing Equipment Market, By Technology:

Global Non-Destructive Testing Equipment Market, By End-User:

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

Some Important Points Answered in this Market Report Are Given Below:

Global Automotive Garage Equipment Market, By Product Type (Lifting Equipment, Testing Equipment, Diagnostic Instruments, Wheel and Tire Service Equipment, Washing Equipment, and Others (Air Compressors, Battery Chargers, Safety Glasses, and Paint Guns)), By Vehicle Type (Two Wheelers, Passenger Cars, Heavy Commercial Vehicle, and Light Commercial Vehicle), By Garage Type (Automotive Dealerships, Independent Garage, and Others (Specialty Shops and Tire shops)), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis and Forecast till 2029

https://www.prophecymarketinsights.com/market_insight/Global-Automotive-Garage-Equipment-Market-865

Pharmaceutical Packaging Equipment Market, By Product Type (Solids (Tablets, Capsules, and Powders), Semi Solids (Creams and Ointments), and Liquids (Eye Drops / Ear Drops, Aerosols, and Syrups)), By Package Type (Primary Packaging Equipment (Aseptic Filling and Sealing Equipment, Bottle Filling and Capping Equipment, Blister Packaging Equipment, Soft Tube Filling and Sealing Equipment, and Sachet Packaging Equipment) and Secondary Packaging Equipment (Cartoning Equipment, Case Packaging Equipment, and Wrapping Equipment)) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) – Trends, Analysis and Forecast till 2030

https://www.prophecymarketinsights.com/market_insight/Global-Pharmaceutical-Packaging-Equipment-Market-245

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