The Global Nondestructive Testing (NDT) Equipment Market is expected to grow by $ 6.14 bn during 2021-2025, progressing at a CAGR of 10% during the forecast period
Global Nondestructive Testing Equipment Market 2021-2025 The analyst has been monitoring the nondestructive testing equipment market and it is poised to grow by $ 6. 14 bn during 2021-2025, progressing at a CAGR of 10% during the forecast period.
New York, Jan. 18, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Nondestructive Testing (NDT) Equipment Market 2021-2025" - https://www.reportlinker.com/p06007825/?utm_source=GNW
Our reports on nondestructive testing equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in number of oil and gas and power generation projects and growing demand for RVI in aerospace industry. In addition, increase in number of oil and gas and power generation projects is anticipated to boost the growth of the market as well.
The nondestructive testing equipment market analysis includes product segment, end-user segment and geographical landscapes.
The nondestructive testing equipment market is segmented as below:
By Product
• Ultrasonic
• Radiography
• Visual
• Others
By End-user
• Oil and gas
• Power generation
• Aerospace
• Automotive
• Others
By Geographical Landscapes
• North America
• Europe
• APAC
• MEA
• South America
This study identifies growing regulatory compliance requirements for preventing accidents as one of the prime reasons driving the nondestructive testing equipment market growth during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on nondestructive testing equipment market covers the following areas:
• Nondestructive testing equipment market sizing
• Nondestructive testing equipment market forecast
• Nondestructive testing equipment market industry analysis
Read the full report: https://www.reportlinker.com/p06007825/?utm_source=GNW
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