Asia Pacific (APAC) Non-Destructive Testing Equipment Market (2019-2025) | Analysis, Size, Revenue, Trends, Growth, Forecast, Industry, Outlook, Value & Segmentation

Latest 2023 Developments of the Asia Pacific Non-Destructive Testing Equipment Market

Asia Pacific Non-Destructive Testing Equipment Market is witnessing innovation as in October 2020, Nikon launched the Accurate Precision Distance Scanning (APDIS) laser radar which provides accurate measurements for enhancing the efficiency and quality of the products being developed in several industries. In June 2019, Olympus Corporation announced the launch of a digital microscope which enhances the inspection workflow of users and makes the analysis of a range of samples with a single tool possible. The Australian government has given a contract for Orbost Gas Plant Upgrade to SafeRad, a global leader in close proximity radiography.

Mergers And Acquisition:

• On 04 Dec 2020, Olympus Corporation announced that it entered into an agreement to acquire Veran Medical Technologies Inc., a leading provider of advanced medical devices.
• On 03 Nov 2020, Olympus Corporation acquired FH ORTHO SAS, an international orthopaedic company.

Asia Pacific Non-Destructive Testing Equipment Market Synopsis

Asia-Pacific Non-Destructive Testing Equipment Market is expected to grow due to the booming manufacturing, construction, and power generation sector. With a rise in awareness, growing investment in infrastructure development projects coupled with a surge in FDI in the manufacturing sector has led to an increase in demand for the non-destructive testing equipment market in the APAC region.

According to 6Wresearch, Asia-Pacific (APAC)  Non-Destructive Testing Equipment Market size is projected to grow during 2019-2025. China is the leading revenue-generating country in the APAC non-destructive testing equipment market on the back of the presence of large power generation projects in the country. However, the India NDT equipment market is expected to register high growth due to the growing demand for energy-based NDT equipment in the forecast period.

The ultrasonic and radiography testing segments collectively contributed a major share of market revenues owing to the property of filling gaps in existing products. Ultrasonic detectors are comparatively more in demand in the APAC region due to the less pricing of the equipment in comparison to radiography equipment.

The Asia-Pacific Non-Destructive Testing Equipment Market report thoroughly covers the market by technology, end-users, and countries including Japan, China, India, Australia, Malaysia, Thailand, Indonesia, and the rest of the APAC region. The Asia-Pacific non-destructive testing equipment market outlook report provides an unbiased and detailed analysis of the ongoing Asia-Pacific non-destructive testing equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Asia Pacific non-destructive testing equipment market is anticipated to register sound revenues backed by the growth of the construction sector which would be the major driver and is expected to instigate the adoption of non-destructive equipment in the coming years. An increase in the infrastructural process which is leading to increased machinery setup and demands testing for smooth work would proliferate the demand for non-destructive testing equipment and would fuel the exponential growth of the Asia Pacific non-destructive testing equipment market throughout the forecast period. Further, on the basis of country, India non-destructive testing equipment market is expected to dominate the overall sales revenues on the back of rising demand for the product by the railway industry for efficient movement such as non-destructive testing equipment tends to detect all possible flaws and irregularities and avoid dreadful incidents and, is further expected to spur the growth of the Asia Pacific non-destructive testing equipment market in the coming timeframe.

Key Highlights of the Report:

• Asia-Pacific Non-Destructive Testing Equipment Market Overview
• Asia-Pacific Non-Destructive Testing Equipment Market Outlook
• Asia-Pacific Non-Destructive Testing Equipment Market Forecast
• Historical Data of Asia-Pacific Non-Destructive Testing Equipment Market Revenues & Volume for the Period 2015-2018
• Asia-Pacific Non-Destructive Testing Equipment Market Size and Asia-Pacific Non-Destructive Testing Equipment Market Forecast of Revenues & Volume, Until 2025
• Historical Data of Asia-Pacific Non-Destructive Testing Equipment Market Revenues and Volume, By Technology, for the Period 2015-2018
• Market Size & Forecast of Asia-Pacific Non-Destructive Testing Equipment Market Revenues and Volume, By Technology, Until 2025
• Historical Data of Asia-Pacific Non-Destructive Testing Equipment Market Revenues and Volume, By End Users, for the Period 2015-2018
• Market Size & Forecast of Asia-Pacific Non-Destructive Testing Equipment Market Revenues and Volume, By End Users, Until 2025
• Historical Data of Japan Non-Destructive Equipment Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Japan Non-Destructive Equipment Market Revenues and Volume, Until 2025
• Historical Data of China Non-Destructive Equipment Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of China Non-Destructive Equipment Market Revenues and Volume, Until 2025
• Historical Data of India Non-Destructive Equipment Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of India Non-Destructive Equipment Market Revenues and Volume, Until 2025
• Historical Data of Australia Non-Destructive Equipment Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Australia Non-Destructive Equipment Market Revenues and Volume, Until 2025
• Historical Data of Malaysia Non-Destructive Equipment Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Malaysia Non-Destructive Equipment Market Revenues and Volume, Until 2025
• Historical Data of Thailand Non-Destructive Equipment Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Thailand Non-Destructive Equipment Market Revenues and Volume, Until 2025
• Historical Data of Indonesia Non-Destructive Equipment Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Indonesia Non-Destructive Equipment Market Revenues and Volume, Until 2025
• Market Drivers and Restraints
• Asia-Pacific Non-Destructive Testing Equipment Market Price Trends
• Asia-Pacific Non-Destructive Testing Equipment Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Asia-Pacific Non-Destructive Testing Equipment Market Share, by Countries
• Asia-Pacific Non-Destructive Testing Equipment Market Share, By Players
• Asia-Pacific Non-Destructive Testing Equipment Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations 

Markets Covered

The APAC Non-Destructive Testing Equipment Market report provides a detailed analysis of the following market segments:

By Technology:

• Ultrasonic Testing (UT)
• Radiography Testing (RT)
• Electromagnetic Testing (ET)
• Visual Inspection Testing (VT)
• Liquid Penetrant Test
• Other

By End Uses:

• Power Generation
• Oil and Gas
• Aerospace and Defense
• Automotive
• Railways
• Construction
• Manufacturing
• Others

By Countries:

• China
• Japan
• India
• Malaysia
• Thailand
• Australia
• Indonesia
• Rest of Asia Pacific

Frequently Asked Questions About the Market Study (FAQs):