Non-Destructive Testing Service Market Current Analysis and Estimated Forecast to 2025

The Non-Destructive Testing Service Market size is projected to surpass USD 4.5 billion by 2025. Significant aging of the existing organizational infrastructure along with growing costs associated with building new infrastructures has been driving the market trends. Such key challenges which force utilizing the existing infrastructures has led organizations to search for new ways of maintaining and extending the infrastructure lifecycle. This is where the non-destructive testing comes into play, which assist in testing the potential flaws which can lead toward reducing the infrastructural life.
Owing to the high cost related with the repair and maintenance of the aging out public and private establishments, there have been growing investments toward more advanced asset protection services to safeguard the structural integrity, which will further fuel non-destructive testing service market outlook over the forecast period.
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The radiography testing market is anticipated to grow over 5% during the forecast period. The segmental growth is driven by increasing number of infrastructural developments coupled with the implementation of strict safety guidelines. In addition to non-destructive testing services market, the technology finds widespread utilization across the aerospace and automotive sectors in order to manufacture some extremely tolerant components those influence the prime functions of the products. 
The global non-destructive testing service market size from aerospace applications is very likely to achieve a significant growth rate of over 6% through 2025, owing to the extensive use of these services to ensure the quality of aviation components throughout their operational lifecycle. Also, the benefits of lower cost and higher efficiency provided by NDT services tends to be economical owing to the high volume production of aerospace components. 
Europe non-destructive testing service market is projected to account for a majority of market share owing to the increasing presence of prominent players in the region. Europe enjoys the presence of some major players such as Intertek, Bureau Veritas and SGS which are undergoing several collaborations to adhere various regulatory standards imposed by the European union. The Europe NDT service market accounted for over 30% of the industry share in 2018.
Some of the players present in the non-destructive testing service market include Applus+, TUV Nord, ALS, Bureau Veritas, Dekra, Intertek, MIstras Group, NDT Global.
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Table of Content
Chapter 4. Competitive Landscape, 2018
4.1. Introduction
4.2. Company market share, 2018
4.3. Merger & acquisition landscape
4.4. Competive analysis of major market players, 2018
4.4.1. ALS
4.4.2. Applus
4.4.3. Bureau Veritas
4.4.4. Dekra
4.4.5. Intertek
4.4.6. Mistras
4.4.7. NDT Global
4.4.8. Nikon Metrology
4.4.9. SGS
4.5. Other prominnet vendors
Chapter 5. Global non-destructive testing service Market, By Method
5.1. Key trends, by method
5.2. Volumetic inspection
5.2.1. Market estimates and forecast, 2014 – 2025
5.3. Surface inspection
5.3.1. Market estimates and forecast, 2014 – 2025
5.4. Visual inspection
5.4.1. Market estimates and forecast, 2013-2024
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