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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 | Nov 2013

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

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
$967m
Annual Growth 08-13
5.0%
Annual Growth 13-18
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Profit
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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 Key Buyers Chapter

IBISWorld estimates that the four largest companies in the industry control about 54.0% of the market in 2013. These companies offer a variety of non-destructive testing (NDT) services with certified personnel that regulators and corporations can rely on. Because such downstream clients have increasingly been looking for one-stop shops for NDT services, industry market share concentration is rising. Larger players are expanding by hiring more certified personnel or acquiring smaller firms, through which they are able to expand their products and services to new markets and work with a larger number of industries.

Furthermore, the largest firms in the industry are most likely to win the most lucrative contracts because of relationships with large industries... 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


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