NDT Market Value Worth $18.88B USD by 2020

NDT Market Value

The global non destructive testing market is expected to reach a value of $18.88 billion USD by 2020. A recent report by Markets and Markets provided quite some detail in this respect. Markets and Markets is the world’s second largest firm in terms of annual publications of market research. They work mainly in the global fortune enterprises.

What is Non Destructive Testing?

Non Destructive Testing or NDT refers to inspection techniques which are used in a wide variety of industries. As the name implies, the inspection is done without destroying any of the material or part under investigation. As a result, the parts, components, equipment or installations can be verified as meeting particular standards or codes of practice. These standards and codes of practice govern the production and maintenance regimes for components used in industrial, manufacturing and building applications.

This is important in many manufacturing and fabrication applications and is often a requirement in several fields.  Without the use of non destructive testing techniques, components are liable to be incorrectly produced. This can lead to safety hazards and damage to people and property.

Destructive testing, conversely, relies on the testing of a sample which will be destroyed during the testing phase. Such applications are used to determine the threshold of tech in a range of uses.

NDT Methods and Inspection Services

X-Ray and Gamma Ray Inspection (Radiographic Testing)

Industrial x-ray and gamma ray inspection is the use of radiation to view objects that cannot be seen otherwise. Industrial x-ray and gamma ray inspection has grown out of the engineering sector. The field is a key element of the Non destructive Testing sector.

Ultrasonic Testing

Ultrasonic Testing (UT), sometimes known as ultrasonic weld testing (UWT), is a family of non destructive testing techniques. These techniques are based on the propagation of low frequency sound waves in the object or material tested. Ultrasonic waves are transmitted into materials to detect internal flaws.

Magnetic Particle Testing/Dye Penetrant Inspection

Magnetic Particle Inspection, sometimes called Mag Particle Testing or Magnetic Field Testing, is a non destructive testing process. It helps detect surface and slightly subsurface faults. The test is applied in the context of materials such as iron, nickel, cobalt and some of their alloys. Dye penetrant tests check for surface faults using a liquid penetrant stored in a pressure vessel.

Eddy Current Testing (electromagnetic testing)

Eddy Current Testing (ECT) is one of many electro magnetic testing methods used in Non Destructive Testing (NDT). ECTs make use of electro magnetic induction to detect and characterize surface and sub-surface flaws in conductive materials. A pulsed eddy current identifies flaws in a material that may need replacing

Visual Inspection

Visual inspection is a common method of quality control, data acquisition, and data analysis. Visual Inspection NDT means inspection of equipment and structures using raw human senses. The eyes, ears, nose and sense of touch are used to inspect parts for damage.

Other cost effective testing methods

Observation is still crucial in making sure the inspection is accurate and on point. It’s also crucial to select the appropriate testing method and right set of equipment for the job at hand. Contact us for insight into best practice when NDT is needed by your business.

The global increase in NDT market value was predicted at 7.78% CA in 2015. The reason for the increase in value was increased automation in the industrial manufacturing and infrastructure sectors. With robotics playing a larger role in building and construction, there has been a substantial increase in demand for inspections. Inspections designed to detect flaws, cracks and corrosion in building components are being carried out on an ever increasing basis.

Increased measures of enforcement have led to greater compliance with industrial safety codes on a global scale. This means there is a greater demand for services that can guarantee total obedience with local building regulation. Of the non destructive testing market, growth in visual inspection is expected to be the main factor resulting in market growth.

Visual Inspection NDT

The visual inspection method is considered as the primary and easiest NDT technique. The presence of any defects can easily be noticed by monitoring the components during the roll out of a project.

Visual inspection techniques are applicable to:

  • Aerospace & defence
  • Automotive
  • Oil & gas
  • Petroleum chemical
  • Power generation
  • Industrial manufacturing
  • Infrastructure
  • Marine
  • Offshore
  • Various other industries.

It’s a very common process of detecting faults which may lead to equipment failure. The ease of access as well as the financial value makes visual inspections a primary earner in the NDT sector.

Visual inspection is a common method of quality control, data acquisition, and data analysis. Visual Inspection NDT is commonly used in maintenance of facilities. Visual inspection involves inspection of equipment and structures using either or all of raw human senses. Vision, hearing, touch and smell and/or any non specialised inspection equipment may be used.

Inspections requiring Ultrasonic, X-Ray equipment, Infra-red, etc. are not typically regarded as Visual Inspection. This is because these Inspection methodologies require specialised equipment, training and certification.

More Reasons For NDT Market Growth

Another reason why NDT was predicted to grow in value was the growth of the oil & gas market size. New reserves found in North America, the U.K., Germany, France and Italy increased demand for specialist equipment. The oil & gas industry requires almost daily NDT testing to ensure specialized equipment is up to standard.

With industry growth, so too growth in demand for NDT manifested. The same phenomenon has occurred in Russia, China and India, where military spending was increased in this forecast period. Defense requires NDT testing methods regularly, hence NDT demand was expected to grow.

More recent reports show that the trajectory of non destructive testing market value dipped slightly in the lead up to 2020. Despite this, projections of growth remain steady and as new gas shale reserves are discovered in neighbouring China. Similarly, while oil prices from key players in the Middle East rise.

The use of specialised equipment is required at an increasing level. Global demand for NDT methods, equipment and services is expected to drive employment and technology sales.

Contact NDT Today

NDT supplies non destructive testing equipment Australia wide. Check out our website for more information about the NDT equipment we have available.

At NDT, we pride ourselves on high quality interactions in each and every one of our engagements. It’s this and our wide range of NDT products that make us industry leaders in the NDT field. We are compliant with all building and manufacturing codes. This means that no matter what your project specifications are, we’ll be able to help you out.

If you require visual inspection equipment for your industrial, manufacturing or building project, you’re in the right place. Contact NDT Australia today to ask any questions about our NDT products and services. You may also engage with our sales team in preparation for your next project. We take all phone calls and are always happy to talk to a new customer about their NDT requirements.

Contact NDT today on (61-2) 9524-0558 to ask about any of our products. You can also ask to place an order for non destructive testing equipment. We’re available Monday to Friday between 7:30 and 4:00PM to answer any questions you may have. If you have any questions about any of the products listed on our website, get in contact today.

We work primarily in the industrial sector. We ensure infrastructure and materials used in building are as free from fault as they can be. We are also able to service the sectors arranged previously in this blog. Our non destructive testing servicing techniques are all tried and tested and are regulated by the relevant legislation and codes. If you and your business requirements need:

Non destructive testing Brisbane,

Non destructive testing Sydney

Non destructive testing Canberra

Non destructive testing Melbourne

Non destructive testing Adelaide

Non destructive testing Perth

Non destructive testing Darwin

contact NDT today.