IBISWorld’s Nondestructive Testing Services Procurement Research Report offers purchasing insight into the Nondestructive Testing Services market. Our analysis dissects pricing trends and the supply chain, including highlighting key suppliers and their financial benchmarks. The report also provides key pieces of take-away intelligence, such as negotiation question preparation and a buying decision scorecard, which includes factors weighted according to their importance in the decision-making process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Nondestructive Testing Services - Recent Price Trend

In the three years to 2016, the price of NDT services has been growing moderately at an estimated average annual rate of 2.0% to about $81.67 per hour. Demand for these services is largely driven by downstream buyers from the manufacturing, aerospace, oil and gas, automotive and construction sectors. Post-recession demand for manufactured goods and construction projects has been revived alongside...

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Nondestructive Testing Services - Total Cost of Ownership

NDT services generally carry a low total cost of ownership (TCO). Although there are a variety of add-on charges, these additional costs usually amount to less than 50.0% of the NDT service price, resulting in a low TCO. Some additional purchases that can increase the TCO include services that analyze defects and perform the necessary repairs. These services can be crucial if buyers want defects...

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About this Report

This report is intended to assist buyers of nondestructive testing services (NDT services) for the purpose of metal finishing. Suppliers provide nondestructive testing services on metals through eddy current inspection, visual inspection, magnetic particle inspection, ultrasonic testing services and positive material identification methods, among others. These services detect instabilities and recognize failed components, while also ensuring the quality of the metals (i.e. physical and chemical properties) and compliance for castings, welds, forgings and other products without permanently altering them. This report excludes nondestructive examination equipment.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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