Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Research Reports > Non-destructive Testing (NDT) Inspection Services Market to Register a CAGR of over 6% between 2020 and 2030 – FMI

Research Reports

Non-destructive Testing (NDT) Inspection Services Market to Register a CAGR of over 6% between 2020 and 2030 – FMI

Published by linker 5

Posted on February 2, 2021

3 min read

Last updated: January 21, 2026

Infographic illustrating NGS Sample Preparation Market analysis and trends - Global Banking & Finance Review — This image showcases an infographic summarizing key segments and benefits of the NGS Sample Preparation Market, highlighting statistical insights and forecasts for 2021 to 2027.

FMI states in its recent study on the ndt inspection services market that the market will record a CAGR of over 6% through 2030. Demand for NDT inspection services is anticipated to continue surging as transportation services across nations are continuously undergoing repair and maintenance, which requires frequent flaw checks with high accuracy.

“Governments are expected to make significant investments in keeping the length and breadth of railroads across countries safe mode of transport with NDT Inspection Services. Furthermore, an increasing number of smart railway projects are also expected to boost the market.” says the FMI analyst.

Request a report sample to gain comprehensive market insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-11943

NDT inspection services Market – Important Highlights

Manufacturing sector is expected to lead the market, with a CAGR of more than 6% between the projected years, owing to the rise of the automotive industry.
Growing contribution of nuclear power to drive the growth of NDT Inspection Services market
Asia Pacific is anticipated to emerge as the leading regional segment as power plants and manufacturing activities are slated to rise during the forecast period
In India, the government plans like “Make in India”, “Industry 4.0”, and “National Infrastructural Plan” is expected to boost the market growth in coming years

NDT inspection services Market – Drivers

An increase in interest in understanding the ancient sculpting, preservation, and architectural techniques has created a huge rise in demand for NDT inspection services
Increasing the need of maintaining the integrity of medical devices to drive the growth of the market in the healthcare sector.
The growth of Oil and gas transportation requires early detection of faults in pipes, which is driving the market for NDT inspection services.

NDT inspection services Market – Restraints

Shortage of skilled and qualified people to carry out the NDT inspection services.
Limited scopes across the manufacturing industry due to the onset of a pandemic

Get Access to Research Methodology Prepared by Experts>>> https://www.futuremarketinsights.com/ask-question/rep-gb-11943

COVID-19 Impact on NDT inspection services Market

The NDT inspection services market growth is anticipated to be hampered owing to the unprecedented COVID-19 pandemic. The manufacturing sector has been very badly hit by the COVID-19 pandemic. When the economies to halt and the supply chains disrupted, it also prevented manufacturing activities. Stringent rules of social distancing to stop the virus from spreading have resulted in reduced manufacturing activities. The NDT inspection services market is anticipated to set on a path of regaining as economies steadily stabilize.

Competitive Landscape

The NDT inspection services market players are leaning towards the expansion of the production facilities besides opting for strategic collaborations to attain a competitive edge, A few of the key companies functioning in the global market include Fischer Technologies Inc., General Electric, Nikon Metrology NV, Yxlon International GmbH, Sonatest Ltd, Eddyfi Technologies, Zetec In, Bureau Veritas, Duemme SpA, Element Material Technology Holding and many more. You can purchase the report to gain a deeper understanding of the market.