SEARCH   
MEMBER LOGIN    

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 | Nov 2013

Use caution: Greater production and construction activity will boost demand for testing

IBISWorld’s Non-Destructive Testing Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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
$967m
Annual Growth 08-13
5.0%
Annual Growth 13-18
Purchase to read more
Profit
Purchase to read more
Employment
4,956
Businesses
277
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. NDT services are used to detect flaws, cracks, variations and minute changes in structures and surface finish without damaging the products being tested. Rapidly changing technology and the increasing complexity of products and processes that need testing have boosted demand for industry services. More so, strict government regulation relating to health, safety and the protection of the environment continues to drive industry revenue growth.... purchase to read more

Industry Report - Industry Investment Chapter

Capital expenditure in the Non-Destructive Testing Services industry is relatively high for a service industry, yet low compared to the general economy. The majority of work requires specialized, high-cost equipment to conduct certain types of tests. Furthermore, capital intensity is expected to rise with an expected increase in the mechanization of testing.

Industry employees perform a range of activities, from simple manual tasks and automated experimental procedures to high-tech testing. Because the industry requires a highly skilled labor force wages are high. Labor costs account for about 45.7% of industry revenue. However, depreciation consumes about 3.8%. For every dollar spent on labor, an estimated $0.08 is allocated toward capital... 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
General NDT servicesQuality assurance and control servicesAPI Inspection servicesCWI servicesOther specific services
 
Industry Activities
Ultrasound testing servicesRadiation testing servicesAcoustic, noise and vibration testing servicesOptical testing servicesThermal testing servicesRegulatory compliance testing services


View Sample
Quote
Select Clients