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Nondestructive Testing Equipment Market Size & Share, Forecast- 2022

The nondestructive testing industry is undergoing rapid change and traditional NDT equipment are evolving in significant ways, providing new advantages and additional value to end-users. Maintenance optimization by various industries to ensure safety and efficient performance of the machines is driving the need for NDT equipment. The increasing cost and challenges involved in building new infrastructure has resulted in significant aging of existing infrastructure. In addition, a wave of consolidations and mergers has recently swept over the NDT industry.<br><br>Read Full Report here: https://www.alliedmarketresearch.com/nondestructive-testing-equipment-market<br><br>You can also download sample report at: - https://www.alliedmarketresearch.com/request-free-sample/1793

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Nondestructive Testing Equipment Market Size & Share, Forecast- 2022

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  1. Nondestructive Testing Equipment Market Opportunities and Forecasts, 2014- 2022 Pages: 210 Published: 2016

  2. NONDESTRUCTIVE TESTING EQUIPMENT MARKET “The nondestructive testing industry is undergoing rapid change and traditional NDT equipment are evolving in significant ways, providing new advantages and additional value to end-users. Maintenance optimization by various industries to ensure safety and efficient performance of the machines is driving the need for NDT equipment. The increasing cost and challenges involved in building new infrastructure has resulted in significant aging of existing infrastructure. In addition, a wave of consolidations and mergers has recently swept over the NDT industry.” Rachna Singh

  3. NONDESTRUCTIVE TESTING EQUIPMENT MARKET OVERVIEW • Nondestructive Testing Equipment Market report, published by Allied Market Research, forecasts that the global market is expected to garner $3 billion by 2022, registering a CAGR of 9% during the period 2016 - 2022.  •  In the year 2015, North America contributed major share in the market, and is projected to continue its dominance throughout the forecast period. • NDT refers to the method of examining materials/components to detect the defects/discontinuity in component or material to avoid equipment failure. • In addition, it is used to ensure the safe utilization of engineering structures, product quality, and performance upon production. • Read more at : https://www.alliedmarketresearch.com/nondestructive-testing-equipment-market

  4. NONDESTRUCTIVE TESTING EQUIPMENT MARKET KEY BENEFITS • This report provides an in-depth analysis of the global nondestructive testing equipment market, along with current trends and future estimations to identify lucrative investment opportunities • Key drivers, opportunities, and restraints that impact the market are analyzed. • Porters Five Forces analysis highlights the potency of buyers and suppliers to facilitate better business decisions for stakeholders and strengthen their supplier and buyer networks. • Market estimation of geographical regions is based on the current market scenario and future trends.

  5. IMPACT OF NONDESTRUCTIVE TESTING EQUIPMENT MARKET MARKET ON RAIL SYSTEM

  6. NONDESTRUCTIVE TESTING EQUIPMENT MARKET KEY FINDINGS • In 2015, ultrasonic testing was the highest revenue-generating segment, accounting for almost 30% of the overall market size, and is projected to grow at a CAGR of over 7% during the forecast period. • Liquid penetrant testing is likely to grow at a remarkable CAGR of 11.5%, owing to their low cost and user-friendly approach. • Asia-Pacific is anticipated to exhibit the highest growth, registering a CAGR of almost 11% during the forecast period. • North America generated the highest revenue in this market, followed by Europe and Asia-Pacific. • The U.S. is projected to maintain its lead in the NDT equipment market in terms of revenue generation until 2022.

  7. KEY PLAYERS IN INDUSTRY • Olympus Corporation • ZetecInc. • Sonatest among • Download Sample Report : • https://www.alliedmarketresearch.com/request-free-sample/1720

  8. NONDESTRUCTIVE TESTING EQUIPMENT MARKET MARKET SEGMENTATION

  9. NONDESTRUCTIVE TESTING EQUIPMENT MARKET BY GEOGRAPHY • North America, Europe, Asia-Pacific, LAMEA

  10. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/nondestructive-testing-equipment-market Follow Us On

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