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Non-Destructive Test (NDT) Equipment Global Market Report

April 17, 2023 12:18 ET | Source: Research and Markets Research and Markets

Dublin, April 17, 2023 (GLOBE NEWSWIRE) -- The "Non-Destructive Test (NDT) Equipment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. Global Non-Destructive Test (NDT) Equipment Market to Reach $5.6 Billion by 2030 In the changed post COVID-19 business landscape, the global market for Non-Destructive Test (NDT) Equipment estimated at US$3.3 Billion in the year 2022, is projected to reach a revised size of US$5.6 Billion by 2030, growing at a CAGR of 6.8% over the analysis period 2022-2030. Ultrasonic Testing, one of the segments analyzed in the report, is projected to record a 7.8% CAGR and reach US$1.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Radiography Testing segment is readjusted to a revised 6.3% CAGR for the next 8-year period. The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 8% CAGR The Non-Destructive Test (NDT) Equipment market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$728.6 Million by the year 2030 trailing a CAGR of 8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 6.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$621.5 Million by the year 2030. Select Competitors (Total 173 Featured) - Vision Measuring Machine

Non-Destructive Test (NDT) Equipment Global Market Report

Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS

IV. COMPETITION A selection of companies mentioned in this report includes

For more information about this report visit https://www.researchandmarkets.com/r/p2hhvt

Non-Destructive Test (NDT) Equipment Global Market Report

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