Non-Destructive Testing (NDT) Equipment Market Size (2024 - 2029)

Non-Destructive Testing (NDT) Equipment Market Analysis

The Non-Destructive Testing Equipment Market size is estimated at USD 3.02 billion in 2024, and is expected to reach USD 4.28 billion by 2029, growing at a CAGR of 7.20% during the forecast period (2024-2029).

• Non-destructive testing (NDT) involves inspecting, testing, or evaluating components, materials, or assemblies. It involves examining disparities in characteristics or discontinuities without hampering the product's serviceability or part.
• NDT devices can save substantial time by eliminating the need for disassembly or dismantling. For instance, the maintenance of aircraft and the examination of internal structural components (like wing ribs), carried out by removing (and replacing) the outer skin, may be accomplished by radiographic inspection equipment.
• Several governmental agencies and regional bodies across the world formulated stringent measures, primarily for assuring the safety of buildings. These measures have mandated the use of NDT and other evaluation techniques for conducting fitness checks. This is important for gaining building clearances from concerned authorities for infrastructural projects. These checks include structural strength evaluation, fire safety, and emergency protocol compliance tests.
• In April 2024, The Marri Lakshman Reddy Institute of Technology (MLRIT) announced the set up of a new NDT and welding laboratory that will equip students with skills in the aerospace, defense, and industrial sectors. The lab was established in collaboration with Synergem and is equipped with advanced testing methodologies such as radiographic testing, ultrasonic testing, liquid penetrant testing, and magnetic particle testing to provide students with hands-on experience in detecting flaws and assessing material integrity.
• NDT emerged as the most feasible method for monitoring the aging of structures periodically in place of traditional methods. The restrictive cost and challenge of constructing new infrastructure resulted in the notable aging of existing structures and prompted companies to explore ways to extend the life of existing assets.
• There has been an incremental rise in the demand for skilled NDT technicians worldwide. The demand currently outweighs the supply due to many reasons. Non-destructive testing can only be performed by certified professionals who undergo detailed training in the presence of subject-matter experts to gain expertise on the various techniques and skills involved in analyzing the data.
• Moreover, in the automotive industry, the need for rapid and accurate inspection of complex components, such as engine parts and chassis, has propelled the adoption of NDT equipment to enhance quality control and compliance with regulatory standards. Likewise, in the manufacturing and construction sectors, the demand for the market is driven by the imperative to detect flaws, cracks, and material irregularities in a non-invasive manner, thereby ensuring the safety and durability of built structures and fabricated components.

Non-Destructive Testing (NDT) Equipment Industry Segmentation

Non-destructive testing (NDT) instruments are used to scan, inspect, and quantify flaws, corrosions, and other material conditions without permanently damaging or altering the examined product or part. NDT equipment encompasses a broad set of equipment, such as flaw detectors, thickness gages, material condition testers, visual inspection devices, acoustic emission testers, eddy current instruments, and devices that measure resistivity, conductivity, and corrosion.

The NDT equipment market is segmented by technology (radiography testing equipment, ultrasonic testing equipment, magnetic particle testing equipment, liquid penetrant testing equipment, visual inspection equipment, eddy current equipment, and other technologies equipment), end-user industry (oil and gas, power and energy, aerospace and defense, automotive and transportation, construction, and other end-user industries), and geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.