What is the current US NDT Equipment Market size?

The US NDT Equipment Market is projected to register a CAGR of 8.12% during the forecast period (2024-2029) Read More

Who are the key players in US NDT Equipment Market?

Baker Hughes, NDT Global LLC, Applied Technical Services, Triumph Group and Mistras Group Inc. are the major companies operating in the US NDT Equipment Market. Read More

What years does this US NDT Equipment Market cover?

The report covers the US NDT Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the US NDT Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

USA NDT Equipment Market Size & Share Analysis - Industry Research Report

United States NDT Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The United States NDT Equipment Market is segmented Technology (Radiography Testing Equipment, Ultrasonic Testing Equipment, Magnetic Particle Testing Equipment, Liquid Penetrant Testing Equipment, Visual Inspection Equipment, and Eddy Current Equipment) and End-user Industry (Oil and Gas, Power and Energy, Aerospace and Defense, Automotive and Transportation, and Construction).The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.

USA NDT Equipment Industry Overview

The US NDT equipment market is moderately consolidated, with many businesses with a very small market share. The main elements fostering the market's fragmented nature are the growth of regional markets and the rising participation of local companies in foreign direct investments.

August 2022 - Baker Hughes announced it has agreed to acquire the Power Generation division of BRUSH Group from One Equity Partners. BRUSH is an established equipment manufacturer specializing in electric power generation and management for the industrial and energy sectors. This acquisition supports Baker Hughes' strategic commitment to lead in providing decarbonization solutions for the natural gas industry, and historically hard-to-abate sectors with the company also plan to optimize its supply chain by leveraging BRUSH Power Generation's manufacturing base and expanding its scope on customer projects in both the industrial and energy sectors.