Non-Destructive Testing (NDT) Market Size, Share, Growth Analysis, By Technique(Traditional NDT Method (Visual Testing, Magnetic Particle Testing, Liquid Penetrant Testing, Eddy Current Testing), By Offering(Services (Inspection Services, Support and Maintenance Services, Training Services, Others)), By Vertical(Manufacturing, Oil & Gas (Upstream, Midstream, Downstream)), By Region - Industry Forecast 2024-2031

In 2022, the non-destructive testing market share in North America reached at USD 2.68 billion. The U.S., Canada, and Mexico's increasing need for sophisticated material testing is the major reason for region’s dominance.  The market in the US is driven by the existence of well-known industry players like Fischer Technology Inc., Acuren Inspection Inc., and Magnaflux Corporation.

For example, Cambridge Materials Testing Limited has been bought by Acuren, the market leader in non-destructive testing (NDT), inspection, engineering, and rope access integrated services. In addition, the Cambridge client’s access to a wider variety of services, including non-destructive testing and field engineering services, the purchase broadens and deepens Acuren's lab testing capabilities, notably in the aerospace, nuclear, medical, and consumer end sectors. For more than 35 years, Cambridge has been a top supplier of materials testing services in Ontario. Through its facilities in Cambridge and Mississauga, Cambridge provides mechanical testing, chemical analysis, metallurgical and failure analysis, as well as consumer and medical product testing, to clients all over the world. All Cambridge workers will remain on staff at Acuren.

Due to France's growing aerospace sector and Germany's growing automotive sector, the market in Europe is expected to increase significantly. During the projection period, market participants like Ashtead Technology, Bosello High Technology s.r.l., Labquip NDT Limited, Sonatest Ltd., and YXLON International GmbH are expected to drive regional market growth. For example, the Italian provider of industrial X-ray system solutions, announced by ZEISS and BOSELLO HIGH TECHNOLOGY (BOSELLO), has officially joined the ZEISS Group and will do business as Carl Zeiss X-ray Technologies Srl. In order to better serve clients that need 2D radioscopy and freshly created inline tomography solutions for the manufacturing environment, ZEISS bought a controlling investment in BOSELLO in 2018. ZEISS made a substantial advancement toward its objective of being an integrated solution provider in non-destructive measuring and testing technology for business and research with the help of BOSELLO's customer-specific solutions. As anticipated, ZEISS has now bought all outstanding shares, bringing BOSELLO fully within the umbrella of the ZEISS family of businesses.