Dallas, TX -- (SBWIRE) -- 10/14/2014 -- The major companies involved in global non-destructive testing equipment industry are GE Inspection technologies (U.S.), Olympus Corporation (Japan), YXLON international (Germany), Mistras (U.S.), Zetec (U.S.), Dr. Foerster (Germany) and Nikon metrology (U.S.).APAC will remain the leading market for non-destructive testing equipmentsthroughout the forecasted period due to the high growth in sectors like infrastructure, power generation and aerospace incountries like India and China.

The major drivers for non-destructive testing equipment market are strong government regulations, user friendly software, continuous advancement in electronics, automation and robotics and assured return on investment. There is a lot of opportunity for existing players as well as for new entrants to innovate and differentiate the products in price and design. The infrastructure sector is rapidly growing all over the globe; especially in BRIC (Brazil, India, Russia and China). This creates an opportunity for the automation provider companies in the NDT market.

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Non-destructive testing is a testing of objects for their flaws and imperfections in accordance with some standard norms. The Non-destructive testing equipment market is, at present, witnessing a spree of mergers, partnerships, and acquisitions among market players, which is resulting in a wide range of challenges and opportunities.

The global non-destructive testing equipment market covers whole industry on the basis of technology, verticals, application and geography. The technology section covers different contact and non-contact technologies with their current and future estimations. Phased array ultrasonic, X-ray computed tomography and computed radiography technologies are expected to grow exponentially in the days to come. The vertical section covers different industries like power generation, petrochemical, oil & gas, aerospace and automotive. The industries such as aerospace, power generation and oil & gas are the major consumers of non-destructive testing equipments. The Geographical analysis covers North America, Europe, Asia-Pacific, and ROW.

This report describes the traditional technologies as well as emerging technologies for contact and non-contact methods for testing the flaws of objects. Non-destructive testing equipment market is in its maturity period however some technologies of it are still in their growth stage. Technologies are integrating with asset management, integrity solution and decision making tools with the advancement in sensors, semiconductor and automation.

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Scope of the report

This research report categorizes the “Non-Destructive Testing Equipment” on the basis of different technologies, verticals, applications and geographical analysis; forecasting revenue and analyzing trends in the market.

On the basis of technology

The basic types under this include contact and non-contact methods. Contact methods covered in this report are ultrasonic testing, eddy current testing, magnetic and electromagnetic testing and penetrant testing. Non-contact methods covered in this report are radiography testing, thermography, Shearography and visual inspection. Data management softwares for equipments are also included in this report.

On the basis of geography

North America, U.S., Canada, Europe, APAC, ROW

Non-Destructive testing equipment market relates to the examination of materials for flaws without harming the object being tested. Non- destructive testing provides a cost effective means of testing while protecting the object’s usability for its designed purpose. The technique can be applied on a sampling basis for individual investigation or may be used for 100% checking of material in a production quality control system.

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