US NDT Equipment Market Size

USA NDT Equipment Market Analysis

The United States NDT equipment market will register a CAGR of 8.12% over the forecast period. Non-destructive testing is mostly used to assess whether a component is compromised or if a replacement is necessary. The tests are made to ensure that both the testers and the tested products are safe.

• The aspect that has substantially contributed to the growth of the NDT equipment market throughout the region is the optimization of maintenance activities by various industries to maintain machine safety and effective performance.
• Moreover, The automotive, infrastructure, aerospace, power generation, petrochemical, and mechanical sectors are some of the end-user industries that demand non-destructive inspection (NDI) at each stage. Technological advancements in the telecommunications and medical industries are primarily driving the expansion of this market.
• Modern NDT techniques with enhanced fault identification and safety have been developed as a result of technological advancements. Furthermore, it is anticipated that improved adoption of NDT techniques in the upcoming years will result in manufacturers becoming more aware of the usage of NDT.
• However, the high cost of equipment and lack of skilled technicians who can conduct the test with the proper reference standards and thorough interpretation of the results, as well as an increase in pipeline sabotage threats, would hamper the market growth.
• The market for non-destructive testing equipment has experienced a slowdown in growth since the introduction of COVID-19, and this trend is anticipated to continue. The main cause of this slowdown is the widespread use of partial or total lockdowns in numerous nations worldwide.