Power Generation NDT Market Size and Share

Power Generation NDT Market (2025 - 2030)
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Power Generation NDT Market Analysis by Mordor Intelligence

The power generation NDT market size was USD 4.18 billion in 2025 and is projected to reach USD 5.66 billion by 2030, representing a 6.24% CAGR over the forecast period. Rising inspection workloads for aging coal- and gas-fired plants, nuclear license renewal programs, and the shift toward predictive maintenance platforms are steering procurement budgets toward advanced ultrasonic, radiographic, and computed tomography systems. Large utilities are standardizing inspection data formats to feed digital twins, which is encouraging bundled hardware-software deals and shortening replacement cycles. At the same time, tariff-driven localization of sensor supply chains is improving lead times for smaller operators, while the persistent shortage of certified ISO 9712 and ASNT Level III technicians continues to inflate labor costs. Service providers that can combine automated scanners, AI-assisted defect recognition, and cloud analytics are capturing multi-year framework agreements that lock in recurring revenue.

Key Report Takeaways

  • By component, equipment led with a 46.89% share of the power generation NDT market in 2024; software is expected to advance at a 7.3% CAGR through 2030.
  • By testing method, ultrasonic testing accounted for 34.8% of the power generation NDT market size in 2024, whereas computed tomography is projected to expand at an 8.0% CAGR to 2030.
  • By technique, traditional approaches held 76.7% of the power generation NDT market share in 2024, while AI-enabled methods are projected to grow at a 7.0% CAGR through 2030.
  • By geography, North America accounted for 38.8% of the power generation NDT market size in 2024; the Asia-Pacific region is forecasted to grow at a 7.1% CAGR from 2024 to 2030.

Segment Analysis

By Component: Equipment Sets the Baseline for Integrated Solutions

Equipment captured 46.89% of the 2024 power generation NDT market share thanks to strong demand for phased-array ultrasonic racks, automated scanners, and high-energy CT gantries. Nuclear license renewals and fossil-plant life-extension projects require multi-modality toolkits that include ultrasonic, eddy-current, and radiographic capabilities. As utilities adopt predictive maintenance, software revenues are climbing at a 7.3% CAGR through 2030, outpacing hardware but still building on a hardware foundation. Cloud-hosted analytics platforms monetize inspection data via subscription, reshaping vendor economics. 

Consumables such as couplants, penetrants, and radiographic films deliver recurring revenue that locks customers into OEM ecosystems. Services remain a vital layer because complex codes and qualification regimes push plant operators to outsource rather than maintain in-house crews. The power generation NDT market size for services is projected to swell steadily as personnel shortages intensify. Vendors that bundle equipment leasing with long-term service contracts are achieving double-digit renewal rates. Internal rate-of-return models now weigh lifetime data analytics fees alongside hardware depreciation, refining price-discovery mechanisms.

Power Generation NDT Market: Market Share by Component
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By Testing Method: Ultrasonic Retains Primacy While CT Accelerates

Ultrasonic testing accounted for 34.8% of the power generation NDT market size in 2024, reflecting its versatility across various materials, including metals, composites, and welds. Phased-array configurations increase scan coverage without repositioning, improving outage productivity. Computed tomography, although niche, is advancing at an 8.0% CAGR as blade composites, additive-manufactured parts, and complex castings require volumetric visualization. 

Radiographic testing remains mandated for certain pressure-part welds, particularly in nuclear primary circuits. Eddy-current arrays dominate steam generator tube inspections, where stress corrosion cracking often lurks beneath the inner diameters. Acoustic emission monitoring is gaining adoption as a real-time technique for monitoring rotating machinery, complementing periodic ultrasonic inspections. Thermography extends beyond motor control centers to mechanical insulation surveys, which pinpoint heat-loss hotspots. As workloads diversify, mixed-method work scopes are becoming the norm, encouraging OEMs to offer modular platforms. Cross-calibration routines accelerate job mobilization and reduce data-fusion errors, thereby strengthening the power generation NDT market proposition.

By Technique: AI-Enabled Approaches Transform Interpretation Workflows

Traditional methods still accounted for 76.7% of 2024 revenue, as regulators and insurers continue to cling to proven practices. Yet, AI-enabled workflows are projected to post a 7.0% CAGR through 2030, as deep-learning algorithms surpass human interpreters in repeatability and low-contrast defect recognition. Early use cases focus on automated weld assessment, where models trained on thousands of image slices can classify porosity, lack of fusion, and slag inclusions within seconds. 

In blade composites, convolutional networks flag delamination zones that manifest only subtle phase shifts. OEMs embed accelerators directly in portable instruments, enabling edge inference without cloud latency. Validation remains the gating factor: utilities demand statistical evidence of false-alarm rates that align with code requirements. Hybrid reporting formats, where AI pre-labels indications and certified inspectors sign off, are emerging as the acceptable compromise. Over time, accumulated training data will shrink the confidence interval, driving deeper AI penetration and reshaping the cost curve of the power generation NDT market.

Power Generation NDT Market: Market Share by Technique
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Geography Analysis

North America accounted for 38.8% of 2024 revenue in the power generation NDT market, driven by over 90 U.S. reactor license renewals and a backlog of coal-plant end-of-life inspections. Canada’s CANDU refurbishments and Mexico’s grid-modernization projects add further momentum. Well-defined regulatory frameworks ease equipment qualification, while deep service supply chains enable multi-crew deployments during condensed outage windows.

The Asia-Pacific region is the fastest-growing region, with a 7.1% CAGR to 2030, driven by Chinese reactor buildouts, Indian coal fleet modernization, and Southeast Asian renewable energy targets. Local OEMs are scaling phased-array production, compressing lead times and lowering acquisition costs. Regional governments offer tax credits for AI-enabled inspection systems, accelerating digital adoption. Training academies in China and Singapore are expanding ISO 9712 capacity, gradually narrowing the technician gap.

Europe maintains steady growth, underpinned by stringent nuclear directives from ENSREG that require periodic safety reviews encompassing ultrasonic, radiographic, and eddy-current methods. Germany’s nuclear phase-out still needs intensive decommissioning scans, while France’s fleet life-extension hinges on ENIQ-qualified procedures. Offshore wind expansion across the North Sea is spawning specialized composite-blade inspection demand. Harmonized EN ISO standards encourage cross-border service contracts, making Europe a competitive yet accessible arena within the wider power generation NDT market.

Power Generation NDT Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The power generation NDT market exhibits moderate concentration, as validated nuclear procedures, global service hubs, and proprietary analytics platforms create defensible moats. Baker Hughes’ Waygate Technologies division anchors its leadership through a cradle-to-grave equipment line, field robotics, and AI libraries tuned for reactor environments. Olympus, rebranded as Evident, continues to command a significant share of the ultrasonic system market despite divesting non-core assets, leveraging ergonomic, portable sets that reduce technician fatigue.[4]Olympus Corporation, “Consolidated Financial Results FY 2025,” olympus-global.com

MISTRAS Group posted USD 36.5 million in 2024 power-sector revenue, pairing asset-light ultrasonic crews with cloud dashboards that benchmark wall-thickness trends across fleets. Eddyfi Technologies is scaling through targeted acquisitions that add composite expertise for wind applications, while Screening Eagle Technologies utilizes fresh venture funding to accelerate the development of inspection robotics. Competition increasingly hinges on data analytics sophistication rather than probe sensitivity alone.

OEMs and service firms are forming joint ventures to create integrated teams that can bid on turnkey scopes encompassing equipment rental, data acquisition, and analytics. Framework agreements spanning multiple plants are common, locking in vendor panels for five-year horizons. Across the board, investment priorities center on AI model validation, automated scanner mobility, and secure data pipelines that comply with nuclear cybersecurity mandates. These moves collectively intensify rivalry but also expand the addressable power generation NDT market.

Power Generation NDT Industry Leaders

  1. Baker Hughes Company

  2. Mistras Group Inc.

  3. SGS S.A.

  4. Intertek Group plc

  5. Applus Services S.A.

  6. *Disclaimer: Major Players sorted in no particular order
Olympus Corporation, Fujifilm Corporation, Baker Hughes Company, YXLON International GmbH, Applus+ Services Technologies, S.L
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Recent Industry Developments

  • March 2025: MISTRAS Group reported full-year 2024 revenue of USD 729.6 million, with the power generation and transmission segment contributing USD 36.5 million, representing 5.0% growth year-over-year.
  • February 2025: Baker Hughes expanded its Waygate Technologies line with AI-enabled ultrasonic systems qualified for ASME XI reactor vessel inspection.
  • January 2025: Eddyfi Technologies acquired European wind-blade inspection assets, adding proprietary composite techniques and certified offshore crews.
  • December 2024: Screening Eagle Technologies has raised USD 15 million in Series B funding to develop inspection robotics and cloud analytics for power-sector clients.

Table of Contents for Power Generation NDT Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Ageing thermal-fossil power fleet reaching end-of-life inspection cycles
    • 4.2.2 Nuclear life-extension mandates (ASME XI, IAEA periodic safety review)
    • 4.2.3 Predictive-maintenance programs integrating digital twins and NDT data lakes
    • 4.2.4 Renewables boom driving blade-composite NDT protocols for on-shore/off-shore wind
    • 4.2.5 Laser-ultrasonic adoption enabling in-service, non-contact boiler inspection
    • 4.2.6 Tariff-driven regionalization of sensor supply chains improving local availability
  • 4.3 Market Restraints
    • 4.3.1 Shortage of certified ISO 9712 / ASNT Level III power-sector technicians
    • 4.3.2 High capex for phased-array, automated and CT systems
    • 4.3.3 Data-overload bottlenecks for high-resolution inspection files
    • 4.3.4 Trade-tariff shocks on specialty piezo / opto components
  • 4.4 Industry Value Chain Analysis
  • 4.5 Impact of Macroeconomic Factors
  • 4.6 Regulatory Landscape
  • 4.7 Technological Outlook
  • 4.8 Porter's Five Forces Analysis
    • 4.8.1 Bargaining Power of Suppliers
    • 4.8.2 Bargaining Power of Buyers
    • 4.8.3 Threat of New Entrants
    • 4.8.4 Threat of Substitutes
    • 4.8.5 Intensity Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Component
    • 5.1.1 Equipment
    • 5.1.2 Software
    • 5.1.3 Services
    • 5.1.4 Consumables
  • 5.2 By Testing Method
    • 5.2.1 Ultrasonic Testing
    • 5.2.2 Radiographic Testing
    • 5.2.3 Magnetic Particle Testing
    • 5.2.4 Liquid Penetrant Testing
    • 5.2.5 Visual Inspection Testing
    • 5.2.6 Eddy-Current Testing
    • 5.2.7 Acoustic Emission Testing
    • 5.2.8 Thermography / Infrared Testing
    • 5.2.9 Computed Tomography Testing
  • 5.3 By Technique
    • 5.3.1 Traditional / Conventional
    • 5.3.2 AI-enabled
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 South America
    • 5.4.2.1 Brazil
    • 5.4.2.2 Argentina
    • 5.4.2.3 Rest of South America
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Spain
    • 5.4.3.6 Rest of Europe
    • 5.4.4 Asia-Pacific
    • 5.4.4.1 China
    • 5.4.4.2 Japan
    • 5.4.4.3 India
    • 5.4.4.4 South Korea
    • 5.4.4.5 South-East Asia
    • 5.4.4.6 Rest of Asia-Pacific
    • 5.4.5 Middle East
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 United Arab Emirates
    • 5.4.5.3 Turkey
    • 5.4.5.4 Rest of Middle East
    • 5.4.6 Africa
    • 5.4.6.1 South Africa
    • 5.4.6.2 Nigeria
    • 5.4.6.3 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level overview, Market level overview, Core segments, Financials as available, Strategic information, Market rank/share, Products and services, Recent developments)
    • 6.4.1 Baker Hughes Company
    • 6.4.2 Mistras Group Inc.
    • 6.4.3 SGS S.A.
    • 6.4.4 Intertek Group plc
    • 6.4.5 Applus Services S.A.
    • 6.4.6 Bureau Veritas S.A.
    • 6.4.7 Olympus Corporation (Evident)
    • 6.4.8 Eddyfi Technologies
    • 6.4.9 TEAM Inc.
    • 6.4.10 Acuren Group Inc.
    • 6.4.11 TÜV Rheinland AG
    • 6.4.12 DEKRA SE
    • 6.4.13 Element Materials Technology
    • 6.4.14 Zetec Inc.
    • 6.4.15 Sonatest Ltd.
    • 6.4.16 Screening Eagle Technologies AG
    • 6.4.17 YXLON International GmbH
    • 6.4.18 Karl Deutsch Prüf- und Messgerätebau GmbH
    • 6.4.19 Cygnus Instruments Ltd.
    • 6.4.20 NOVO Test Ltd.
    • 6.4.21 Sonotron NDT
    • 6.4.22 Vibra-tion NDT Services Pvt. Ltd.
    • 6.4.23 Industrial Inspection and Analysis Inc.
    • 6.4.24 Premier NDT Services Inc.
    • 6.4.25 Ether NDE Ltd.
    • 6.4.26 Toshiba Energy Systems and Solutions Corp.
    • 6.4.27 Buffalo Inspection Services

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-need Assessment
*List of vendors is dynamic and will be updated based on the customized study scope
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Global Power Generation NDT Market Report Scope

Non-destructive testing (NDT) instruments are used to scan, inspect, and quantify flaws, corrosions, and other material conditions without permanently damaging or altering the examined product or part. NDT equipment encompasses a broad set of equipment, such as flaw detectors, thickness gages, material condition testers, visual inspection devices, acoustic emission testers, and eddy current instruments, along with devices that measure resistivity, conductivity, and corrosion. The study is segmented by technologies, such as radiography testing equipment, ultrasonic testing equipment, and visual testing equipment, among others, in different geographies. Further, the study covers a comprehensive analysis of the impact of COVID-19 on the market studied.

By Component
Equipment
Software
Services
Consumables
By Testing Method
Ultrasonic Testing
Radiographic Testing
Magnetic Particle Testing
Liquid Penetrant Testing
Visual Inspection Testing
Eddy-Current Testing
Acoustic Emission Testing
Thermography / Infrared Testing
Computed Tomography Testing
By Technique
Traditional / Conventional
AI-enabled
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
South-East Asia
Rest of Asia-Pacific
Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Rest of Africa
By Component Equipment
Software
Services
Consumables
By Testing Method Ultrasonic Testing
Radiographic Testing
Magnetic Particle Testing
Liquid Penetrant Testing
Visual Inspection Testing
Eddy-Current Testing
Acoustic Emission Testing
Thermography / Infrared Testing
Computed Tomography Testing
By Technique Traditional / Conventional
AI-enabled
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
South-East Asia
Rest of Asia-Pacific
Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Rest of Africa
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Key Questions Answered in the Report

How large is the power generation NDT market in 2025?

The power generation NDT market size is USD 4.18 billion in 2025 and is projected to grow to USD 5.66 billion by 2030 at a 6.24% CAGR.

Which component segment is growing fastest?

Software is the fastest-expanding component, posting a 7.3% CAGR as AI-enabled analytics platforms gain traction among utilities.

What factor drives the strongest near-term demand?

Aging coal and gas units undergoing end-of-life assessments are triggering intensive ultrasonic and CT inspection campaigns, especially in North America and Europe.

Why is ultrasonic testing still dominant?

Ultrasonic testing balances depth penetration, portability, and regulatory acceptance, allowing it to handle thick steel sections in reactors and turbines while meeting code requirements.

How are digital twins influencing NDT purchasing?

Digital twins need structured inspection data, prompting buyers to select integrated hardware-software suites that automatically feed cloud analytics and enable condition-based maintenance.

What is constraining market growth?

A global shortage of certified ISO 9712 and ASNT Level III technicians limits the number of concurrent projects that can be staffed, slowing service rollout despite strong demand.

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