Nondestructive Test Equipment - Global Strategic Business Report 2015: NASA Inks Agreement with PaR Systems
Dublin, Feb. 20, 2015 (GLOBE NEWSWIRE) -- Research and Markets ( http://www.researchandmarkets.com/research/93...estructive ) has announced the addition of the "Nondestructive Test Equipment - Global Strategic Business Report" report to their offering.
This report analyzes the worldwide markets for Nondestructive Test Equipment in US$ Million by the following product categories: Radiography, Ultrasonic Inspection, Visual Inspection, and Other NDT Equipment.
The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2013 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.
The report profiles 131 companies including many key and niche players such as:
- Acoustic Emission Consulting, Inc.
- Bosello HighTechnology SRL
- Centurion NDT, Inc.
- Fischer Technology, Inc.
- FLIR Systems, Inc.
- Extech Instruments Corp.
- Fujifilm Corporation
- GE Measurement & Control
- Everest VIT Inc.
- Gould-Bass Company, Inc.
- Hamamatsu Photonics K.K.
- Insight NDT Equipment Ltd.
- ibg NDT Systems Corporation
- INSTITUT DR. FOERSTER GMBH & CO. KG
- KARL DEUTSCH Pruef- und Messgeraetebau GmbH + Co KG
- KARL STORZ GmbH & Co. KG
- Magnetic Analysis Corporation
- MISTRAS Group, Inc.
- NDT Systems, Inc.
- NDTS India
- NIKON CORPORATION
- Olympus Corporation
- Sonatest Ltd.
- SONOTRON NDT
- Wesdyne NDE Products Group
- YXLON International Inc.
- Zetec Inc.
Key Topics Covered:
1. OUTLOOK
- NDT Equipment Market
- A Prelude
- Impact of the 2007-2009 Recession in Retrospect
- Market Stages a Recovery in 2010
- Current & Future Outlook
- Major Growth Drivers
- Major Challenges
2. INDUSTRY OVERVIEW
- Developing Countries to Spur Growth of NDT Market
- Infrastructure Development in Developing Countries Increases Demand for Quality Inspection
- Aging Infrastructure in Developed Countries Drive Demand for NDT Equipment
- Government Regulations Propel NDT Equipment Demand
- Demand for NDT Equipment for Testing Composites on the Rise
- NDT Inspection Service Providers
- A Boon or a Bane?
- Technological Advances Spur Automated NDT Equipment Growth
- Automated NDT Equipment Sustains High Demand
- Miniaturization
- The Current Trend
- Competitive Scenario
- Increasing Competition Triggers Consolidation
- Quality and Customer Service
- A Key Target for NDT Vendors
- Key Market Share Statistics
- Key Issues & Challenges
- High-Upfront Costs
- Shortage of Qualified Technicians
- A Major Challenge for NDT Vendors
- Lack of Awareness Leads to Slower Adoption of New Technologies
- Pollution and Operator Safety Concerns Impede Growth
- Lack of Advanced Technologies in Training Institutes
3. KEY MARKET TRENDS & GROWTH DRIVERS
- Improvement in Global GDP Performance Bodes Well for the Market
- Power Generation Sector
- The Traditional Revenue Contributor
- Expansion & Maintenance of Traditional Fossil Fuel Plants to Drive Demand for NDT Equipment
- Continued Investments in Nuclear Power Plants to Boost Market Prospects
- Opportunity Indicators:
- Increasing Natural Gas Production Spurs Demand for NDT Equipment
- Healthy Outlook for Oil & Gas Bodes Well for NDT Equipment
- Shale Gas Exploration and Production Drive Demand for NDT Equipment
- Discovery of Shale Gas Promises Bright Prospects for NDT Equipment
- Growing Preference of NDT Equipment in Marine Industry
- Healthy Outlook for the World Commercial Aviation Industry Drives Demand for NDT Products & Services
- Defense Aerospace Presents Steady Growth Prospects
- Automotive Sector
- Opportunities Rife in OEM and Aftermarket Segments
- Booming Tire Retreading Business
- A Major Opportunity
- Strong Growth in Primary Metals & Foundry in Developing Countries: A Key Growth Driver
4. NDT SERVICES MARKET A REVIEW
- NDT Equipment Demands High-Quality Services
- Developing Markets Driving the Growth of NDT Services
- Price Sensitivity and Lack of Safety Regulations
- A Challenge
- Evolving Applications of NDT Inspection: A Positive Trend
- Reported Incidences of Infrastructure Collapses in Recent Past
- Other Growth Drivers of NDT Inspection Services
5. REVIEW OF SELECT PRODUCT TRENDS
- Ultrasonic Inspection
- Distribution
- Percentage Breakdown of Dollar Sales for Automotive, Military/Aerospace & Defense, Oil & Gas, Power Generation, Primary Metals and Foundry, and Others (includes corresponding Graph/Chart)
- Radiography
- Distribution
- Percentage Breakdown of Dollar Sales for Automotive, Military/Aerospace & Defense, Oil & Gas, Power Generation, Primary Metals and Foundry, and Others (includes corresponding Graph/Chart)
- Ultrasonic Testing Vs Radiographic Testing: The Battle Continues
- PAU Inspection Technology: A Promising Technology and a Potential Growth Driver
- Ultrasonic Inspection Equipment Tend Towards Digitization
- Development of Remote Radiography Systems on the Rise
- Growth for Portable Radiography Inspection Systems Remains High
- Software Modules Take the Center Stage for Radiography Inspection
- Surface Inspection
- Safety and Quality Concerns Continue to Influence Surface Inspection Market
- Distribution
- Percentage Breakdown of Dollar Sales for Automotive, Military/Aerospace & Defense, Oil & Gas, Power Generation, Primary Metals and Foundry, and Others (includes corresponding Graph/Chart)
- Visual Inspection
- Visual Inspection Vendors Focus on New Application Areas
- Remote Visual Inspection
- Fast Gaining Prominence
- Distribution
- Percentage Breakdown of Dollar Sales for Automotive, Military/Aerospace & Defense, Oil & Gas, Power Generation, Primary Metals and Foundry, and Others (includes corresponding Graph/Chart)
- Eddy Current Testing
- Persistent Demand for Specialized Tubes and Pipes Propel Eddy Current Market
- Trend towards In-Process' Inspection Drives Demand for Eddy Current
- Percentage Breakdown of Dollar Sales for Automotive, Military/Aerospace & Defense, Oil & Gas, Power Generation, Primary Metals and Foundry, and Others (includes corresponding Graph/Chart)
- Mixed Fortunes for Magnetic Particle Inspection
6. PRODUCT OVERVIEW
- Defining Nondestructive Testing
- Why NDT is Required?
- Reasons to Use Nondestructive Testing
- Key Events in Industrial NDT (1895-1950)
- Where NDT is Used?
- Structural Mechanics
- Weld Verification
- Application Areas of NDT Techniques
- Classification of NDT Methods
- Classification of NDT Methods
- Methods of Nondestructive Testing
- Categories of NDT Methods
- Objectives of NDT Methods
- Brief Description of Select NDT Methods
- Eddy Current Testing (ECT)
- Applications
- Advantages and Disadvantages of Eddy Current Testing (ECT)
- ECT Equipment
- Research and Development
- Photoinductive Imaging (PI)
- Pulsed Eddy Current (PEC) Testing
- Eddy Current Crack Testing
- Eddy Current Heat Treat Testing
- Radiography
- Historical Overview of Radiography
- Advantages and Disadvantages of Radiography
- Evolution of Alternative and Natural Radiography
- Contemporary Radiography
- Radiography Techniques
- Computed Radiography
- Digital Radiography
- Computed Tomography
- Advantages
- Disadvantages
- Neutron Radiographic Testing
- Radiographic/Infrared (IR) Nondestructive Testing
- Thermographic Inspection
- High Energy Radiography
- Surface Inspection
- Penetrant Testing Systems
- Dye Penetrant Testing
- Liquid Penetrating Inspection (LPI)
- Historical Overview
- Magnetic Particle Inspection (MPI)
- Advantages and Disadvantages of MPI
- Various Types of Equipment for MPI
- Applications
- Limitations of MPI
- Ultrasonic Inspection
- Advantages and Disadvantages of Ultrasonic Inspection
- Classification of Ultrasonic Inspection Equipment
- Thickness Gauges
- Portable Flaw Detectors
- Mechanized Systems
- Historical Development of Ultrasonics
- Types of Ultrasonic Inspection Techniques
- Acoustic-Emission Technique
- Electromagnetic Acoustic Transducers (EMAT)
- Guided Wave Ultrasonic Testing (GWUT)
- Phased Array Ultrasonics
- Time of Flight Diffraction Ultrasonics (TOFD)
- Internal Rotary Inspection System
- Visual Inspection
- Ellipsometry
- Pipeline Video Inspection
- Remote visual inspection
- Automated Optical Inspection
- Major Visual Inspection Equipment
- Electromagnetic Testing
- Alternating Current Field Measurement (ACFM)
- Remote Field Testing (RFT)
- Magnetic Flux Leakage Test
- Leak Testing
- Absolute Pressure Leak Testing
- Bubble Leak Testing
- Halogen Leak Testing
- Mass Spectrometer Leak Testing
- Laser Testing
- Holographic Interferometry
- Laser Profilometry
- Shearography
- Applications of NDT
- Application of NDT Technique in Commercial Aircraft
7. PRODUCT INTRODUCTIONS/INNOVATIONS
- Olympus Launches BondMaster 600 Multimode Bond Tester
- Eddyfi Unveils Ectane® 2
- GE Measurement & Control Introduces Handheld VideoProbe
- Olympus Unveils New Ultrasound Phased Array Wheel Probe, RollerFORM
- Tritex NDT Rolls Out Multigauge 5700 Datalogger Gauge
- GE Measurement & Control Launches New X-ray Film Exposure Calculator App
- GE Measurement & Control Introduces New CR Scanner for Weld Inspections
- Olympus Launches Portable Eddy Current Flaw Detectors
- NORTEC® 600 Series
- GE Measurement & Control Unveils New Ultrasonic Phased Array Straight Beam Probe
- GE Measurement & Control Launches GE Mentor EMII-70Olympus Rolls Out New Industrial Videoscopes
- IPLEX RX and IPLEX RT
- Olympus Launches Novel Software and Solutions for Bond Testing and Eddy Current Array Modules
- Eddyfi Launches New Standard ECA Probes
- Sepha Unveils New Non-Destructive, Multi-Bottle Integrity Tester
- Fujifilm Introduces FCR DYNAMIX SYSTEM
- Bruker Launches SkyScan 1272 X-Ray Micro-CT System
- Olympus NDT Unveils New Handheld X-ray Fluorescence Analyzer
- Sonatest Unveils Prisma Ultrasonic Flaw Detector
- GE Launches x|pipe BT in India
8. RECENT INDUSTRY ACTIVITY
- Nova Takes Over Technology Design Limited
- Versa Integrity Takes Over Southern Inspection Services
- Bolttech Mannings Acquires AM Inspection
- Nova Instruments Takes Over Phoenix Inspection Systems
- Intertek Takes Over International Inspection Services
- Olympus Takes Over Mecnov
- Tecnatom Inks Collaboration Agreement with Marietta
- GE and Thermo Fisher Team Up for Material Identification Solutions
- GE Establishes Inspection Technologies Customer Solutions Center in the US
- Testia Establishes New NDT Services and Training Company, TESTIAGmbH
- NDT Solutions and PRAGMA Ink Long-Term Distribution and Marketing Agreement
- Danatronics and NDT Solutions Ink Distribution and Marketing Agreement
- Intertek Takes Over Global X-Ray & Testing
- Bureau Veritas Acquires Sievert Group
- Pine Environmental Services Acquires Ashtead's North American Instrument Business
- NASA Inks Agreement with PaR Systems
9. FOCUS ON SELECT PLAYERS
10. GLOBAL MARKET PERSPECTIVE
Total Companies Profiled: 131 (including Divisions/Subsidiaries 153)
- The United States (59)
- Canada (5)
- Japan (7)
- Europe (66)
- France (8)
- Germany (19)
- The United Kingdom (18)
- Italy (4)
- Spain (2)
- Rest of Europe (15)
- Asia-Pacific (Excluding Japan) (14)
- Middle East (2)
For more information visit http://www.researchandmarkets.com/research/93...estructive
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