Ceramic Industry News

GIA Projects Steady Growth for Global NDT Equipment (posted 7/2/09)

July 2, 2009
/ Print / Reprints /
/ Text Size+
The global market for surface inspection equipment is growing steadily, according to a new report from Global Industry Analysts.

Despite the financial meltdown and the subsequent decline in inspection budgets, the global nondestructive testing (NDT) equipment market is poised to continue growth at a steady marginal rate through the next few years, driven by stringent quality standards, according to “Nondestructive Test Equipment: A Global Strategic Business Report” from Global Industry Analysts, Inc. (GIA).

With customers increasingly concerned about the residual lifetime of assets and production quality, interest in test solutions that identify defects and provide early warnings to avoid adverse consequences is on the rise. Market acceptance, awareness and implementation of NDT are progressively increasing.

The global market for surface inspection equipment is growing steadily, with European and North American producers representing the majority of end-users. The North American market for surface inspection equipment is expected to grow, primarily due to the demand for replacing the existing automated systems and equipment. The European market is also set to enhance its market share, as manufacturing activity is being shifted from Western to Eastern Europe, thus resulting in a steady demand for equipment. The Asia-Pacific market, with its current potential as a production base of the world, is exhibiting tremendous growth and is expected to continue with this growth for the next few years.
The NDT equipment market is rising and is experiencing rapid growth potential, with increasing quality and security standards in various industries. Power generation, particularly nuclear power generation, is a major market for ultrasonic inspection equipment, apart from aerospace and defense, automotive, and other end-use markets. Foundry and primary metal industries represent the most significant market for surface inspection equipment, while the aerospace industry forms a major market for portable eddy current equipment. Lately, the NDT market has been shifting toward digital NDT equipment to take advantage of improved inspection speed, particularly in radiography inspections.

Visit www.strategyr.com for additional details.


Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

September 2014 Issue Highlights

Our September 2014 issue is now available!

Posted: December 15, 2014


Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI December 2014 cover

2014 December

Be sure to check out our annual Services Directory and Business Guide, with additional articles on advanced glass components, ceramic grinding media, and more!

Table Of Contents Subscribe

Personal Smartphones

Do you use your personal smartphone or other device to complete tasks for your job?
View Results Poll Archive


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!