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Non-Destructive Testing Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Non-Destructive Testing Services Market Research Report | Advisory & Financial Services | Other Outsourced Functions | Jun 2015

Use caution: Technological innovation will make NDT services more cost effective

IBISWorld’s Non-Destructive Testing Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Mistras Group Inc. Mistras Group Inc. market share
Rockwood Rockwood market share
Team Team market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
6.8%
Annual Growth 15-20
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Profit
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Employment
27,810
Businesses
1,876
Industry Analysis & Industry Trends

From manufacturing plants and construction sites to nuclear power plants, oil refineries and shipyards, nondestructive testing (NDT) is used for numerous applications across a wide range of industries. Over the past five years, demand for non-destructive testing (NDT) services has expanded quickly. As the US economy recovered from the depths of the recession, corporate profit margins expanded and fueled capital expenditure. In the coming years, Continuing technological innovation will make NDT services more cost effective and efficient for end users, thus boosting demand for industry services.... purchase to read more

Industry Report - Industry Analysis Chapter

Over the past five years, demand for non-destructive testing (NDT) services has expanded quickly. As the US economy recovered from the depths of the recession, corporate profit margins expanded and fueled capital expenditure. This has benefited the Non-Destructive Testing Services industry, which performs inspection and assessment on equipment and facilities used in the energy, industrial processing and power generation sectors, among others. As infrastructure continues to age, businesses are also are required by federal and state regulations to inspect materials and equipment for safety, which boosts industry revenue over the long-term. In the five years to 2015, IBISWorld estimates that industry revenue has grown an annualized 6.8%... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Non-Destructive Testing Services Industry?

This industry includes companies that primarily perform nondestructive tests and inspections on industrial assets. It excludes medical tests, as well as nondestructive testing equipment manufacturing.

Industry Products
Traditional NDT servicesAdvanced NDT services
 
Industry Activities
Ultrasound testing servicesRadiation testing servicesAcoustic, noise and vibration testing servicesOptical testing servicesThermal testing servicesRegulatory compliance testing services


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