Malaysia Non-Destructive Testing (NDT) Market Research Report: Forecast (2024-2030)

Market Definition

NDT (Non-Destructive Testing), also known as non-destructive examination (NDE), non-destructive inspection (NDI), and non-destructive evaluation (NDE), is a testing and analysis technique used by various industries to evaluate the properties of a material, or component, structure, or system for characteristic differences or welding defects and discontinuities without causing damage to the original part.

Market Insights & Analysis: Malaysia Non-Destructive Testing (NDT) Market (2024-30):

The Malaysia Non-Destructive Testing (NDT) Market size is estimated to grow at a CAGR of around 21.05% during the forecast period, i.e., 2024-30. In Malaysia, the Non-Destructive Testing (NDT) market has been experiencing robust growth, driven by the substantial demands from verticals such as manufacturing, Oil & Gas, Construction, Aerospace & Defense, Energy & Utility, etc. In Malaysia, these industries are bound by strict regulatory standards, owing to which there are regular inspections that ensure the safety of infrastructure and equipment. As a result, to comply with these regulations, companies in these verticals are adopting NDTs.

Moreover, infrastructure in sectors like oil & gas, energy, & utilities, etc., is exposed to harsh environments, owing to which regular monitoring is necessary to prevent structural failures.

Furthermore, in Malaysia, to support stable economic growth, the government has been substantially focusing on infrastructure development. In line with this, in 2024, the Malaysian government announced USD 19.77 billion for development expenditure to expand infrastructural projects. This huge infusion of capital into infrastructure development would lead to the construction of highways, bridges, buildings, etc., which subsequently would create the need for quality assurance and structural integrity testing. Hence, the upcoming infrastructural development is anticipated to enhance the market size & volume of the Malaysia Non-Destructive Testing (NDT) Market during the forecast period.

Malaysia Non-Destructive Testing (NDT) Market Driver:

Surging Infrastructural Development in Malaysia to Drive Market Growth – During the past decade, Malaysia has emerged as a dynamic, open economy. Additionally, the Malaysian government has made substantial supportive regulations to enhance foreign investments and elevate the country’s position in the region. As per the United Nations Conference on Trade and Development (UNCTAD), FDI flows to Malaysia rose by 39% to almost USD 17 billion in 2022, in comparison to 2021. This substantial increase in FDI over the past few years has fueled rapid infrastructure development, including the construction of highways, bridges, railways, and buildings. These infrastructure projects need to meet high standards of quality and safety, and as NDT ensures that the materials and construction meet the required standards, its demand is surging in Malaysia.

Furthermore, the government, to strengthen the economy, is enhancing its focus to attract foreign direct investment (FDI). In line with this, infrastructural development is anticipated to surge, which would further accelerate the demand for NDT solutions during the forecast period to ensure the safety of the development process.

Malaysia Non-Destructive Testing (NDT) Market Opportunity:

Malaysia’s Ambitious Industrial Development Plans to Offer Lucrative Opportunities – The Malaysian government has been focusing on enhancing industrial development in the country to strengthen its position in the global value chain. In line with this, in late 2023, the government launched the New Industrial Master Plan (NIMP). This is the fourth industrial master plan of Malaysia and aims to revitalize and increase its value-added turnaround of the manufacturing sector by more than 6 times over a seven-year implementation phase. Due to this, the number of manufacturing facilities in different verticals is anticipated to surge in Malaysia in the coming years. The construction of new manufacturing facilities would require NDT to ensure the safety and reliability of buildings and infrastructure. Additionally, the maintenance requirement of these facilities for preventing operational failures would further create a continuous need for NDT services.

Malaysia Non-Destructive Testing (NDT) Market Challenge:

Overdependence on the Oil & Gas Sector to Stifle Market Growth in Malaysia – In Malaysia, NDT companies are majorly dependent on the oil and gas industry, which is presenting certain challenges that are significantly impacting the stability of the market. The oil and gas industry is cyclical and is considerably sensitive to global economic trends and geopolitical events. Hence, as the oil & sector experiences a downturn, the demand for NDT services also declines. Moreover, if investment in exploration and production activities also reduces, this would also decrease the demand for NDT solutions.

Malaysia Non-Destructive Testing (NDT) Market Trend:

Advanced NDT Methods Gaining Momentum in Malaysia – During 2019-2023, the country witnessed significant growth in industries such as oil & gas, manufacturing, power, construction, etc. As these sectors registered substantial growth, the demand for high standards of safety and efficiency increased. Advanced NDT methods provide such safety and efficiency, owing to which their adoption has surged. Additionally, as infrastructure projects like highways, bridges, buildings, etc., are surging in the country, the demand for advanced NDT methods such as On-Site Metallography Testing by Replica, Positive Material Identification (PMI), Computed Radiographic Testing (CRT), Long Range Ultrasonic Testing (LRUT), etc., is also surging. These advanced NDT methods require specialized equipment, which is driving up the demand for high-tech devices and software solutions.

Malaysia Non-Destructive Testing (NDT) Market (2024-30): Segmentation Analysis

The Malaysia Non-Destructive Testing (NDT) Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2024–2030 at the national level. According to the analysis, the market has been further classified as:

Based on Method:

• Visual Inspection
• Surface Inspection
• Volumetric Inspection (Situational Awareness, Counter Measures Development, etc.)

In Malaysia, the method that significantly contributed to the substantial market size of the Non-Destructive Testing (NDT) Industry is volumetric inspection. Volumetric inspection methods such as radiography, ultrasonic testing, etc., are crucial for industries such as oil & gas, power generation, aerospace, etc., which have complex structures and high safety requirements. These sectors dominate the Malaysian industrial landscape, owing to which volumetric inspection registered substantial growth.

Additionally, in Malaysia, there’s a shift towards preventive maintenance in industrial operations, in line with regulatory compliance. This is mainly to avoid failures and minimize downtime, and this would spur the adoption of volumetric inspection methods, which subsequently would enhance its market share during the forecast period.

Based on End User:

• Manufacturing
  • Automotive
  • Electronics
  • Metal Fabrication
  • Others (Plastics & Polymers, etc.)
• Oil & Gas
• Construction
• Aerospace & Defense
• Energy & Utility
• Others (Healthcare, Marine, etc.)

In Malaysia, the oil & gas sector has emerged as one of the largest adopters of NDT solutions. As per the US Energy Information Administration, Malaysia is the second-largest oil and natural gas producer in Southeast Asia and the fifth-largest exporter of liquefied natural gas (LNG) in the world as of 2019. The sector's extensive infrastructure, including pipelines, offshore platforms, and refining facilities, demands rigorous inspection to ensure safety, environmental compliance, and operational efficiency. Due to this, NDT techniques, especially volumetric testing like ultrasonic and radiographic methods, are indispensable for detecting internal flaws in critical components. Hence, the prominence of the oil and gas sector in Malaysia has resulted in a significant market share for NDT solutions in the country.

Moreover, the country is continuously investing to expand its oil and gas operations. According to the Malaysian Investment Development Authority (MIDA), in 2022, over 9 projects worth USD 2.05 billion were approved. As these projects commence operations, it would substantially create demand for NDP equipment & services to ensure optimum efficiency of the critical infrastructure, thereby supporting market growth during the forecast period.

Malaysia Non-Destructive Testing (NDT) Industry Recent Development:

• In 2024: DÜRR NDT GmbH, in collaboration with Co. KG's software development team in Malaysia, officially opened their new and improved office space. Through the new facility, the company aims to deliver innovative solutions tailored to the industry's demands amidst digital transformation.

Gain a Competitive Edge with Our Malaysia Non-Destructive Testing (NDT) Market Report

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