Global Non-Destructive Testing Equipment Market, 2012 – 2018

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Date Submitted: 06/23/2014 05:58 AM

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Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Non-Destructive Testing Equipment Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure. Nondestructive testing is a wide group of analysis techniques used to evaluate properties of components, systems and materials without altering the original properties. These testing technologies are gaining popularity due to its time and cost saving benefits over other material testing technologies.

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NDT testing methods include ultrasonic, remote visual inspection (RVI), liquid penetrant, magnetic-particle, eddy-current testing, low coherence interferometry and radiographics. NDT is comprehensively used in mechanical, forensic, electrical, systems, civil, and aeronautical engineering as well as art and medicine. The NDT equipment industry represents huge growth potential in the future as it is one of the less impacted industries at times of financial crisis. The demand for NDT equipments used in inspections and quality checks observed an upward growth and is expected to grow at a significant rate due to the increasing importance for quality control among industry players across various verticals. North America is the largest regional market for NDT equipments due to stringent safety regulations implemented by the government which forces manufacturers to frequently engage in inspection activities. Asia-Pacific is expected to experience the fastest growth due to rapid growth in infrastructure, aerospace and power generation sectors particularly in emerging countries such as India, China and Indonesia.

Advancement in inspection software will further increase the demand for these equipments. Some of the key driving factors for this market...