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Non-destructive Testing and Inspection Market Segmentation and Competitor Analysis Report - Scalar Market Research
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The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the non-destructive testing and inspection market. The scope of this report covers the non-destructive testing and inspection market by its major segments, which include the types, applications, and the major geographic regions.
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KEY PREMIUM INDUSTRY INSIGHTS
1. The non-destructive testing and inspection market is growing at a steady pace during the forecasted period because of rise in demand for regular inspection and maintenance of equipment present in various industries. Government is applying stringent policies regarding equipment safety and environmental regulations.
2. This is solely to maintain equipment life, work productivity, lower repair costs, manage risks and avoid disasters. However, the lack of skilled and qualified technicians is hampering the growth of non-destructive testing and inspection market.
3. In addition, the high cost of equipment is acting as a major market restraint. There are innovations taking place in the field of non-destructive testing and inspection which is creating newer growth opportunities for the market.
The global non-destructive testing and inspection market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Asia Pacific region holds the highest market share and is the largest revenue contributor for the non-destructive testing and inspection market. The region is dominant because of boom in automotive and manufacturing industry. The next in line is North America region which is competent enough and is witnessing a rapid pace of growth due to increasing infrastructure projects and power plants.
KEY MARKET PLAYERS
Key players in the non-destructive testing and inspection market include:
1. General Electric
Mistras Group Inc.2.
3. Olympus Corporation
4. Ashtead Technology Inc.
5. Nikon Metrology Inc.
6. Magnaflux Corporation
7. Zetec Inc.
8. Eddyfi NDT Inc.
9. Yxlon International GmbH
10. Fischer Technology Inc.
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About Scalar Market Research
Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.
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