Product Code: ETC4558345 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India non-destructive testing (NDT) market import shipments demonstrated robust growth from 2020 to 2024, with a notable CAGR of 18.9%. The momentum accelerated further between 2023 and 2024, with a growth rate of 30.6%, indicating a significant expansion in market demand and overall positive trend.
The India Non-Destructive Testing (NDT) market is experiencing substantial growth due to the need for reliable quality control and safety assessments across industries like manufacturing, construction, and aerospace. NDT techniques play a crucial role in inspecting materials and components without causing damage, ensuring structural integrity and product quality. As India industrial and manufacturing sectors expand, there is an increasing demand for NDT services and technologies. Both domestic and international NDT companies are active in the India market, offering a wide range of inspection solutions to meet diverse industry needs.
The India NDT Market is propelled by the need to ensure the safety and quality of infrastructure and industrial components. As industries expand and technology advances, the demand for NDT techniques such as ultrasonic testing, radiography, and magnetic particle inspection is increasing to identify defects and flaws in materials without causing damage.
The primary challenge in the NDT market involves keeping pace with advancing technologies while meeting industry standards. Manufacturers face the challenge of developing NDT methods that are not only highly accurate but also cost-effective and applicable to a wide array of materials and components. Adapting to new materials and manufacturing techniques while maintaining inspection accuracy is a continual challenge.
The COVID-19 pandemic significantly impacted the India NDT market. With the disruption of industrial activities and lockdowns, several sectors, such as manufacturing, construction, and automotive, experienced a downturn. Non-essential inspections and maintenance were delayed or postponed, impacting the demand for NDT services and equipment. The market faced supply chain disruptions, hindering the availability of essential components. However, as industries adapted to the new normal with safety measures and remote inspection technologies, the NDT market witnessed a gradual recovery. The increased focus on quality control and safety in post-pandemic times may drive the adoption of NDT solutions.
Major players in the India NDT market are Olympus Corporation, GE Inspection Technologies, Mistras Group, Inc., Zetec Inc., and Sonatest Ltd.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Non-Destructive Testing (NDT) Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Non-Destructive Testing (NDT) Market Revenues & Volume, 2021 & 2031F |
3.3 India Non-Destructive Testing (NDT) Market - Industry Life Cycle |
3.4 India Non-Destructive Testing (NDT) Market - Porter's Five Forces |
3.5 India Non-Destructive Testing (NDT) Market Revenues & Volume Share, By Technique, 2021 & 2031F |
3.6 India Non-Destructive Testing (NDT) Market Revenues & Volume Share, By Method, 2021 & 2031F |
3.7 India Non-Destructive Testing (NDT) Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.8 India Non-Destructive Testing (NDT) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 India Non-Destructive Testing (NDT) Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 India Non-Destructive Testing (NDT) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increased focus on quality control and safety across industries |
4.2.2 Growing demand for infrastructure development and maintenance |
4.2.3 Adoption of advanced technologies in non-destructive testing |
4.3 Market Restraints |
4.3.1 Lack of skilled workforce in the NDT industry |
4.3.2 High initial investment and maintenance costs of NDT equipment |
4.3.3 Regulatory challenges and compliance requirements |
5 India Non-Destructive Testing (NDT) Market Trends |
6 India Non-Destructive Testing (NDT) Market, By Types |
6.1 India Non-Destructive Testing (NDT) Market, By Technique |
6.1.1 Overview and Analysis |
6.1.2 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Technique, 2021-2031F |
6.1.3 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Visual Testing (VT), 2021-2031F |
6.1.4 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Magnetic Particle Testing (MPT), 2021-2031F |
6.1.5 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Liquid Penetrant Testing (LPT), 2021-2031F |
6.1.6 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Eddy-current Testing (ECT), 2021-2031F |
6.1.7 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Ultrasonic Testing (UT), 2021-2031F |
6.1.8 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Radiographic Testing (RT), 2021-2031F |
6.1.9 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Non-Destructive Testing (NDT) Market, By Method |
6.2.1 Overview and Analysis |
6.2.2 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Visual Inspection, 2021-2031F |
6.2.3 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Surface Inspection, 2021-2031F |
6.2.4 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Volumetric Inspection, 2021-2031F |
6.3 India Non-Destructive Testing (NDT) Market, By Service |
6.3.1 Overview and Analysis |
6.3.2 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Inspection Services, 2021-2031F |
6.3.3 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Training Services, 2021-2031F |
6.3.4 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Calibration Services, 2021-2031F |
6.3.5 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Equipment rental Services, 2021-2031F |
6.4 India Non-Destructive Testing (NDT) Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Flaw Detection, 2021-2031F |
6.4.3 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Dimensional Measurement, 2021-2031F |
6.4.4 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Chemical Composition Determination, 2021-2031F |
6.4.5 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Stress and Structure Analysis, 2021-2031F |
6.4.6 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Physical Properties Estimation, 2021-2031F |
6.4.7 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Leak Detection, 2021-2031F |
6.4.8 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Others, 2021-2031F |
6.4.9 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Others, 2021-2031F |
6.5 India Non-Destructive Testing (NDT) Market, By Vertical |
6.5.1 Overview and Analysis |
6.5.2 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.5.3 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.5.4 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Power Generation, 2021-2031F |
6.5.5 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Aerospace, 2021-2031F |
6.5.6 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Automotive, 2021-2031F |
6.5.7 India Non-Destructive Testing (NDT) Market Revenues & Volume, By Public Infrastructure, 2021-2031F |
7 India Non-Destructive Testing (NDT) Market Import-Export Trade Statistics |
7.1 India Non-Destructive Testing (NDT) Market Export to Major Countries |
7.2 India Non-Destructive Testing (NDT) Market Imports from Major Countries |
8 India Non-Destructive Testing (NDT) Market Key Performance Indicators |
8.1 Number of new NDT technology adoptions by companies |
8.2 Percentage increase in NDT training and certification programs |
8.3 Rate of adoption of NDT solutions in key industries such as manufacturing, oil gas, and aerospace |
9 India Non-Destructive Testing (NDT) Market - Opportunity Assessment |
9.1 India Non-Destructive Testing (NDT) Market Opportunity Assessment, By Technique, 2021 & 2031F |
9.2 India Non-Destructive Testing (NDT) Market Opportunity Assessment, By Method, 2021 & 2031F |
9.3 India Non-Destructive Testing (NDT) Market Opportunity Assessment, By Service, 2021 & 2031F |
9.4 India Non-Destructive Testing (NDT) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 India Non-Destructive Testing (NDT) Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 India Non-Destructive Testing (NDT) Market - Competitive Landscape |
10.1 India Non-Destructive Testing (NDT) Market Revenue Share, By Companies, 2024 |
10.2 India Non-Destructive Testing (NDT) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |