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Market Definition
Non-destructive testing (NDT) is the technique utilized to detect, evaluate, analyze and classify defects, properties, and other interrupting points in the material through scanning, corrosions, inspecting, and quantifying flaws and other conditions of the material without permanently altering, or destroying the serviceability, hindering and damaging the examined product or part. NDT plays an essential role in designing, manufacturing, and maintaining different devices, equipment, components, and infrastructures. By carrying out NDT, it is evaluated that the components or material used are not damaged or faulty, fit to be used, safe, need reparations, etc.
Market Insights
The APAC Non-Destructive Testing (NDT) Market is projected to grow at a CAGR of around 15% during the forecast period, i.e., 2023-28. The market is swiftly driven by the rapidly increasing demand to provide better equipment, machinery, infrastructure, and properties in various industries, including construction, healthcare, aerospace, and marine. In addition, with the surge of power industries, the rise in automotive, construction, and the modification in current healthcare equipment to serve better, the need for non-destructive testing arises and drives the market.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2018-21 |
| Base Year: 2022 | |
| Forecast Period: 2023-28 | |
| CAGR (2023-2028) | 15% |
| Country Covered | China, India, Japan, South Korea, Indonesia, Rest of Asia Pacific |
| Key Companies Profiled | Fujifilm Corporation, Bureau Veritas S.A., Nikon Metrology NV, Applus Services, S.A., Olympus Corporation, YXLON International Gmbh (COMET Group), NCS Testing Technology Co., Limited Acuren Inspection, Inc. (Rockwood Service Corporation), Intertek Group Plc., and SGS Group |
| Unit Denominations | USD Million/Billion |
Further, to inspect aircraft, maintain quality assurance in automobiles and others, and extend the life of old infrastructures, the industry would be required to provide its services, further raising the market. Furthermore, the ever-rising industrialization in developing countries of the ASPAC region would further accelerate the market.
Consequently, the growth of e-commerce, retailers, new power generation systems, digitalization, urbanization, and the establishment of new factories would push the non-destructive testing industry forward. Also, the accelerated demand for third-party non-destructive inspection providers and advancements in mechanization is accelerating the profitable opportunities for the industry in the forecasting period.
Subsequently, as NDT devices save substantial time by annihilating the need to dismantle the machinery, this would lead to the further inclination of the industry towards non-destructive testing methods. Also, service providers are growing their foothold by merging and acquiring. Collectively, this would accelerate the market growth and expansion. For instance,
Key Trends in the APAC Non Destructive Testing (NDT) Market
By making use of complex machinery and equipment, Non-destructive testing is achieved. Furthermore, accurate and efficient results are obtained with advanced technologies, the incorporation of new algorithms, technological advancement in sensors, and wireless technologies. For example, various ultrasonic testing tomography of rebar provides the highest accuracy.
In addition, with modifications such as an optical positioning system and AI-supportive software algorithm, the analysis provided is more precise, thus gaining traction in the industry. For instance, in December 2022, Fujitsu and Tokai University developed ultrasound AI tech to test the quality of frozen tuna, which could further be implemented in enhanced food safety in the meat industry and the medical field.
Market Segmentation
Based on Testing Technique,
Among all, Ultrasonic testing is anticipated to demonstrate considerable growth in Asia-Pacific Non Destructive testing (NDT) market during the forecast period. Ultrasonic testing is utilized for mapping applications, weld inspection, screening of the pipe, and composite and pipeline corrosion. Given the rising demand for mapping applications, Ultrasonic testing is expected to dominate the market.
Visual Inspection testing is used to inspect aerospace, marine, and automation. Furthermore, with the growing transport sector and Asian automation industry, the Visual Inspection segment is also expected to help the growth of the market. Likewise, due to the increasing use of X-ray testing, gamma-ray testing, and computed radiography which implements radiographic testing, it is also anticipated to drive the segmental growth of the market. In addition, with urbanization, industrialization, and increasing manufacturing in various departments, the overall industry would benefit as Non Destructive testing becomes the norm. For example,
Based on Method,
Here, Volumetric Inspection is expected to dominate the industry during the forecasting years. Volumetric Inspection, also called Ultrasonic inspection, is used to examine the internal or volumetric integrity of welding or materials where joint quality is condemnatory. It is also used to inspect the internal defects of the aerospace and automobile industries. Thus, this dominance is given to the expanding use of ultrasonic and radiographic inspections, which come under volumetric inspection in the automotive, public infrastructure, rail, and transport industries since they involve much welding in the manufacturing process.
Besides volumetric inspection, the surface inspection segment is also estimated to accelerate market growth. It is attributed to various surface and sub-surface applications of eddy-current inspections, additionally, with the increased application of volumetric testing to detect cracks and lack of coherence on the covers of aircraft components.
Regional Projection
Geographically, the Asia-Pacific Non-Destructive Testing (NDT) Market expands across:
Here Japan dominates the Asia-Pacific non-destructive testing equipment market owing to the region's domestic manufacturing industry and technological advancements. Furthermore, growing market players, such as Nikon Metrology NV and Olympus Corporation, are anticipated to fuel the regional market growth projection during the forecasting period.
Additionally, due to the expansion of the power generation industry in China and India, a rise in the non-destructive testing industry is expected. Also, with growth in manufacturing and construction activities and companies turning to third-party non-destructive testing providers, the market is expected to fluctuate accordingly.
Recent Developments in the APAC Non Destructive Testing (NDT) Market
Market Dynamics
Key Driver
With the boom in tourism, the Asian wave, and other factors, the Aerospace industry is experiencing a continuous rise in the ASPAC region. The aerospace industry ensures the best quality structure, material, and strength standards, thus, implementing Non-Destructive Testing. Non Destructive Testing Industry would grow given the solemnity required in the industry to detect and avoid failures in surface, cracks, etc., which could lead to numerous risks, including fatal accidents. Furthermore, since aircraft components are highly susceptible to fatigue cracks that could become hazardous, continuous application and modification of the NDT industry are guaranteed, which would further grow the market.
Countries in the ASPAC region are often very active in protecting their heritage, like old infrastructures. However, it always comes as a challenge associated with the protection of old infrastructures along with new modifications to them. Since constructing new infrastructure in any industry is a tedious process, companies prefer to extend the life of old infrastructures. Collectively, this ultimately drives demand for non-destructive testing to maintain and check the materials resulting in further industry growth.
Possible Restraint
Non Destructive Testing faces the challenge of keeping up with the additional threats imposed by the technological, multi-dimensional advancements in the complexity of future machinery. New NDT methods would need to keep up with the upgradation accompanied by diverse additions to the machinery, which could hinder the industry's growth.
NDT can only be profitable when done by high-valued, skilled and qualified professionals along with the help of advanced instrumentations. Furthermore, it requires high accuracy to find the flaws, leakages and troubleshooting to test advanced machinery. Thus, the need for more qualified and high-skilled professionals to operate the testing equipment and gather accurate results could restrain the industry's growth. In addition, the higher cost of NDT training and certification hinders the market growth.
Growth Opportunities
The power generation industry is continuously growing to find new ways to be more energy efficient, thus involving and inventing new non-destructive testing methods and instruments. This leads to the demand for non-destructive testing services and equipment to provide the best results. Also, companies from developed regions are increasingly establishing new plants and operations in the Asia Pacific, taking advantage of low-cost manufacturing, thus increasing the demand for non-destructive testing equipment. In conclusion, this poses an excellent opportunity for the industry to spring up.
Key Questions Answered in the Market Research Report:
Frequently Asked Questions
A. The APAC Non Destructive Testing (NDT) Market is projected to grow at a CAGR of around 15% during 2023-28.
A. Boost in the aerospace industry in APAC, along with quality checks and assessment of old infrastructures, is expected to drive the Non-Destructive Testing (NDT) Market during 2023-28.
A. Fujifilm Corporation, Bureau Veritas S.A., Nikon Metrology NV, Applus Services, S.A., Olympus Corporation, YXLON International Gmbh (COMET Group), NCS Testing Technology Co., Limited Acuren Inspection, Inc. (Rockwood Service Corporation), Intertek Group Plc., and SGS Group are the top players in the APAC Non Destructive Testing (NDT) Market during 2023-28.
A. Ultrasonic Testing is anticipated to emerge as an area of remunerative opportunities for the leading players in the APAC Non Destructive Testing (NDT) Market during the forecast period.
A. Japan would provide lucrative prospects for the APAC Non Destructive Testing (NDT) Market in the years ahead.
A. Innovation and incorporation of advanced algorithms and technology trends would shape the growth of the APAC Non-Destructive Testing (NDT) Market during 2023-28.
A. The enthralling power generation industry anticipated to emerge as an area of remunerative opportunities for the leading players in the APAC Non Destructive Testing (NDT) Market during the forecast period.
A. Increased complexity levels in machinery and lack of skilled human resources are the possible restraints affecting the growth of the APAC Non-Destructive Testing (NDT) Market during 2023-28.
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