NDT In The Aerospace And Defense Market Share

Market Share of NDT In The Aerospace And Defense Industry

The NDT in the Aerospace and Defense Market is quite competitive and moderately fragmented. This is due to the presence of significant players such as Mistras Group, Fujifilm NDT Systems, GE Measurement and Control, NikonMetrology Inc., Magnaflux Corporation, etc. Prominent companies are entering into collaborations and launching innovative solutions to increase their market share.

• December 2022 - Theta Technologies of Exeter, UK, and BAE Systems of London have announced a partnership in the field of aerospace and defense. Theta's RD1-TT will presumably test a variety of BAE Systems components, both composite and additively manufactured, as a result of the partnership. Theta Technologies unveiled RD1-TT, its first non-destructive testing (NDT) product for sale.
• March 2022 - Nasmyth TMF, a pioneer in metal finishing, painting, and non-destructive testing (NDT) for the aerospace and defense industries, has received NADCAP accreditation for its NDT services. Due to the company's ongoing full Nadcap accreditation, it is well-positioned to continue serving the aerospace and defense supply chains in the USA and Canada.

NDT in Aerospace and Defense Market Leaders

1. Mistras Group

2. Fujifilm NDT Systems

3. GE Measurement and Control

4. NikonMetrology Inc.

5. Magnaflux Corporation

*Disclaimer: Major Players sorted in no particular order