Nondestructive testing (NDT) is the application of measurement techniques to identify defect and discontinuity in material, component, or structure. Companies need to have quality accredit in accordance with standards such as ISO 9001 quality management system and other quality control assurance certifications.
Drivers & Restraints
The number of companies using nondestructive inspection (NDI) to improve processes reduces waste, and limit liability has increased considerably. This in turn boosts the growth of the market. However, high cost of equipment and lack of skilled technicians are the factors expected to impede the NDT equipment market growth. Increase in usage of advanced materials is expected to provide lucrative opportunities for the market growth.
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Gas and Oil Pipelines
The market has been segment into North America, South America, Europe, Asia-Pacific, and Middle East and Africa. The U.S. government has made it mandatory for manufacturers of non-destructive testing equipment to regularly engage in inspection activities.
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