Europe Nondestructive Testing Services and Equipment Market – Industry Trends and Forecast to 2030

Europe Nondestructive Testing Services and Equipment Market, By Type (Services, Equipment), Technique (Ultrasonic Testing (UT), Visual Testing, Magnetic Particle Testing (MPT), Liquid Penetrant Testing (LPT), Eddy Current Testing (ECT), Radiographic Testing (RT), Acoustic Emission Testing (AET)), Method (Visual Inspection, Surface Inspection, Volumetric Inspection), Vertical (Manufacturing, Oil and Gas, Aerospace and Defence, Public Infrastructure, Automotive, Power Generation) - Industry Trends and Forecast to 2030.

Europe Nondestructive Testing Services and Equipment Market Analysis and Size

The implementation of stringent safety government regulations across the region acts as one of the major factors driving the growth of non-destructive testing equipment market. The wide advantages over applications, such as in automotive, maintaining quality assurance, aerospace inspecting the aircraft, and others and growth as end-user industries, such as automotive, oil and gas, and construction accelerate the market growth. 

Data Bridge Market Research analyses that the Europe nondestructive testing services and equipment market which was USD 3,481.81 million in 2022, is expected to reach USD 6,108.79 million by 2030, and is expected to undergo a CAGR of 7.2% during the forecast period of 2023 to 2030. “Services” dominates the type segment of the Europe nondestructive testing services and equipment market due to services are widely used in the industry where safety and quality is paramount. The services are used in aerospace and aviation, oil and gas, and manufacturing. Many manufacturing industries, including automotive and heavy machinery manufacturing, utilizes services to ensure product quality and compliance with industry. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Europe Nondestructive Testing Services and Equipment Market Scope and Segmentation

Market Definition

Non-destructive testing (NDT) instruments are defined as the type of instruments that are used for scanning, inspecting, and quantifying corrosions, flaws, and other material conditions without the need of permanently altering or damaging the examined product or part. NDT equipment comprises of broad set of equipment, such as visual inspection devices, thickness gages, flaw detectors, eddy current instruments, material condition testers and acoustic emission testers, among others.

Europe Nondestructive Testing Services and Equipment Market Dynamics

Drivers

• Increasing Demand for Safety and Quality Assurance

The primary driver for non-destructive testing equipment is due to increasing demand to prevent costly product failures and accidents by inspecting and assuring the quality of items and structures without causing any harm during the testing process.

• Rise in Technological Advancement

The rising technological advancement such as digital radiography, ultrasonic phased arrays, and robotics boosting the non-destructive testing equipment market growth. These technologies provides more precise and efficient inspection methods, which not only improve the quality of inspection but also make the process faster and more cost effective.  

• The Aging of Infrastructure and Growing Demand for Maintenance

The airing infrastructure and growing demand for maintenance are the key factor propelling the adoption of non-destructive testing solutions. As the infrastructure matures, the necessity for more frequent and comprehensive inspections to ensure safety and functionality rises.

Opportunity

• Growing of the Manufacturing Industry

The expanding manufacturing industry offers a significant opportunity for nondestructive testing. As production processes become more complex, ensuring the quality and integrity of component is essential. Nondestructive testing plays crucial role in quality control by identifying defects and weakness in the materials and products, helping manufacturing maintain high standards and reduce costly rework.

Restraints/Challenges

• High Initial Costs of Investment

The high initial investment can be quit and high, and it might discourage smaller business from adopting these advanced nondestructive tools. They may find it challenging to allocate resources for these technologies, which could limit their ability to benefit from improved quality and control efficiency.

• Limited Skilled Workforce Available

Finding and retaining qualified technicians proficient in non-destructive techniques can be difficult. This shortage of skilled workers can slow down inspection process and impact the quality of non-destructive services. Moreover, it can lead to increased labor cost and potential delays in project timelines.

This Europe nondestructive testing services and equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Europe nondestructive testing services and equipment market contact the Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In 2022, NDT Equipment Supplies Limited, as the largest European manufacturer, produces a wide range of ultrasonic standard and specialized blocks and test pieces, including those conforming to various standards like EN ISO 2400:2012, EN ISO 7963:2010 V1, V2, & IOW to BS2704, as well as DAC, ASME, Ladder Step Wedges, and Eddy Current Blocks
• In July 2018, According to the Office for National Statistics, the energy sector contributed 3.2% to the UK's GDP. This contribution was divided among various segments: oil and gas extraction accounted for 34%, electricity generation (including renewables) made up 37%, and gas contributed 18%. Given the critical role of the energy sector in maintaining global oil stability through import and export activities, ensuring uninterrupted operations is vital. This underscores the importance of the market under consideration and its potential for growth

Europe Nondestructive Testing Services and Equipment Market Scope

The Europe nondestructive testing services and equipment market is segmented on the basis of type, technique, method, and vertical. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Services
• Equipment

Technique

• Technique Ultrasonic Testing (UT)
• Visual Testing
• Magnetic Particle Testing (MPT)
• Liquid Penetrant Testing (LPT)
• Eddy Current Testing (ECT)
• Radiographic Testing (RT)
• Acoustic Emission Testing (AET))

Method

• Visual Inspection
• Surface Inspection
• Volumetric Inspection

Vertical

• Manufacturing
• Oil and Gas
• Aerospace and Defence
• Public Infrastructure
• Automotive
• Power Generation

Europe Nondestructive Testing Services and Equipment Market Region Analysis/Insights

The Europe Nondestructive Testing Services and Equipment Market is analysed and market size insights and trends are provided by type, method, and vertical as referenced above.

The countries covered in the Europe nondestructive testing services and equipment market report are Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe.

Germany dominates the Europe nondestructive testing services and equipment market and is the fastest growing country in the Europe non-destructive testing services and equipment market due to fastest growing CAGR as the expansion of manufacturing industry offers a significant opportunity for non-destructive testing. As production processes become more complex, ensuring the quality and integrity of component is essential.

The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.   

Competitive Landscape and Europe Nondestructive Testing Services and Equipment Market Share Analysis

The Europe nondestructive testing services and equipment market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the Europe nondestructive testing services and equipment market.

Some of the major players operating in the Europe nondestructive testing services and equipment market are:

• GENERAL ELECTRIC COMPANY (U.S.)
• Ashtead Group plc (U.K.)
• MISTRAS Group plc (U.S.)
• Nikon Corporation (Japan)
• Sonatest (U.K)
• Bosello High Technology srl (Italy)
• SOCOMORE (France)
• Zetex, Inc. (Switzerland)
• Magnaflux (U.S.)