NDT In The Aerospace And Defense Market Size

Statistics for the 2023 & 2024 NDT In The Aerospace And Defense market size, created by Mordor Intelligence™ Industry Reports. NDT In The Aerospace And Defense size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of NDT In The Aerospace And Defense Industry

NDT In The Aerospace And Defense Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 15.74 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

NDT In The Aerospace And Defense Market Major Players

*Disclaimer: Major Players sorted in no particular order

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NDT in Aerospace and Defense Market Analysis

The Non-destructive Testing (NDT) in the Aerospace and Defense Market was valued at USD 6.8 billion last year and is expected to reach a value of USD 15.16 billion by the end of the forecast period while registering a CAGR of 15.74% during the forecast period. Non-destructive testing tools also lower production costs while preserving a constant level of quality. The main drivers of the growth of the non-destructive testing equipment market globally are strict government safety regulations for quality control, ensuring machine safety and reliability, and rising demand to improve the quality and longevity of the machines. The aerospace and aviation industries depend heavily on non-destructive testing.

  • Non-destructive testing is a crucial step in the process because aerospace components are made to be as light as possible while still performing their function. These components frequently handle heavy loads in their tasks, and even a small flaw can cause complete failure if it goes undetected, endangering lives. Large-scale aerospace projects in the Asia-Pacific and European regions, as well as the rising demand for sophisticated and automated non-destructive testing solutions, are just a few of the growth prospects that are anticipated to contribute to the market's future expansion.
  • NDT is a significant component in the aerospace industry to ensure aircraft safety by deploying accurate and efficient methods. Aerospace companies such as The Airbus, Boeing Company, GE Aviation, and Rolls-Royce work together with suppliers to form a standard that a supplier must attain to become and remain NADCAP approved. Digital Radiography is poised to become the preferred industrial imaging method due to ongoing technological advancements and the considerable price reduction.
  • According to Lockheed Martin, autonomous metrology and NDT operations will be tested on an F-35 assembly line starting in August 2022. The system being created for the program may take the place of the manual inspections currently carried out by gantry workers. The technology uses a combination of ground and aerial robots to conduct surface metrology and NDT in order to increase accuracy, safety, and efficiency.
  • Moreover, effective non-destructive testing (NDT) helps the defense industry ensure the safe operation of military assets to serve and protect. Each must be regularly checked to ensure that they are fit for purpose from military aircraft to naval ships, because of their essential role. There's not room for error; it's imperative that integrity engineers have the full set of data, so they can make informed decisions. Advancements in phased array ultrasonic testing technology (PAUT) continue to provide robust testing for military and defense stakeholders.
  • As non-destructive testing and inspection, services are in greater demand. However, it has also become crucial for players to increase their global presence while also creating a workforce with a high level of expertise. The market is facing a number of challenges brought on by a skilled labor shortage, which will restrain market expansion. Therefore, it is crucial for a business strategy to have a skilled workforce with the required non-destructive testing and inspection skillset.
  • However, the sudden decline in air travel due to the COVID-19 outbreak had an impact on sales of new aircraft and replacement parts. However, businesses use this as an opportunity to benefit from the financial and economic advantages of switching from outdated film technology to an industrial digital radioscopy x-ray system. Additionally, it has been observed that in the post-COVID-19 scenario, the testing environment in the aviation industry is improving.

Aerospace and Defense Non-destructive Testing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)