Submitted by: Submitted by wamy156
Views: 10
Words: 728
Pages: 3
Category: Business and Industry
Date Submitted: 02/29/2016 11:30 AM
Category: Oil & Gas
PR Title:
The Global Non Destructive Testing Market is Projected to Reach USD 22.20 Billion by 2022 – by Market Research Engine
Summary:
The Global Non Destructive testing market is projected to reach USD 22.20 Billion by 2022, at a CAGR of 7.80% from 2015 to 2022.
PR Body:
Florida, Feb 28: Market Research Engine has published a new report titled as “Non Destructive Testing (NDT) Market by Method, End-User, Technique, Application & Region – Global Industry Analysis by Size, Share, Trends, Growth and Forecast 2015 – 2022”
The Global Non Destructive testing market is projected to reach USD 22.20 Billion by 2022, at a CAGR of 7.80% from 2015 to 2022.
Browse Full Report here: http://www.marketresearchengine.com/upcommingreport/non-destructive-testing-ndt-market-by-method-end-user-technique-application-and-region-global-industry-analysis-by-size-share-trends-growth-and-forecast-2015
Non Destructive Testing (NDT) is viewed as an essential need in commercial ventures, for example, in aviation industry, oil and gas industry, petroleum industry, and in construction sector. Developments in the NDT equipment market have expanded economically after the presentation of cutting edge X-ray equipment, for example, micro focus X-ray apparatuses, integrated X-ray tubes, glass X-ray tubes with window, radiation protected X-ray tools, etc.
Over the past few years, demand for Non Destructive Testing (NDT) services has expanded rapidly. As the US economy has recovered from the depths of the recession and as a result of it corporate profit margins have expanded and fueled capital expenditure. NDT sector will get future boost from the growing technological innovation and as a result NDT services will become more cost effective and efficient for end users.
Additionally, the forecast period offers huge potential growth for technologies such as computed tomography, phased array ultrasonic testing, and data management tools...