However, lack of awareness within the end-users and high infrastructure costs may act as a challenge to growth. Additionally, high cost along with requirement of qualified and skilled personnel may curb industry growth over the forecast period.
The Non-Destructive Testing Services market consists global and regional players includeMISTRAS Group, Inc., Olympus Corporation, GE Inspection Technologies, Intertek Group PLC, SGS S.A., Olympus Corporation, Nikon Metrology, Inc., Ashtead Technology, Inc., Sonatest Ltd., Bosello High Technology S.R.L., Fujifilm Holdings Corporation and others.
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The non-destructive testing services market is bifurcated on the basis of by technique, application, type, vertical and region. By technique, the market is segmented into traditional and advanced non-destructive testing services. By type, the market is classified into eddy-current testing services,radiography testing services, ultrasonic testing services, liquid penetrant testing services, magnetic particle testing services, and visual inspection services.
Moreover, based on application, the market is segmented into leak detection, chemical composition determination, dimensional measurement, flaw detection, estimation of physical properties, and stress & structure analysis. Whereas, based on vertical, the market is segmented into aerospace & defence, automotive, oil & gas, infrastructure, and power.
Non-Destructive Testing Services Module by region segmented into North America, Europe, Latin America, Asia-Pacific and Middle East & Africa. In 2017, North America is expected to dominate the non-destructive testing services market due to rising technological enhancements and growing adoption of industrial internet of things in the region.