Global Non-destructive Testing (NDT) Services Industry Report 2023: A $16.83 Billion Market by 2030 Driven by Advanced NDT Techniques and Stringent Regulations for Public Safety and Produc...
INTERTEK GROUP UNSP/ADR (IKTSY)
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Source: Yahoo! Finance
Type (Inspection, Training, Others), Method (Radiographic, Ultrasonic, Others), Application (Flaw Detection, Others), End-use Industry (Oil & Gas, Manufacturing, Others) & Geography - Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The non-destructive testing (NDT) services market is projected to reach $16.83 billion by 2030, at a CAGR of 8.9% from 2023 to 2030 The growth of the NDT services market is driven by stringent regulatory standards imposed by governments regarding public safety and product quality, the rising need to assess the structural integrity of aging infrastructure and assets, and the rising significance of advanced NDT techniques in the industrial sector. However, the high cost of NDT services restrains the growth of this market. In addition, increasing investment in infrastructure projects in developing economies and a high inclination towards outsourcing NDT processes are expected to generate growth opportunities for the stakehol
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