Non-destructive Testing (NDT) Services Market to be Worth $18.58 Billion by 2031
Non-destructive Testing Services Market Size, Share, Forecast, & Trends Analysis by Type (Inspection, Training, Others), Method (Radiographic, Ultrasonic, Others), Application (Flaw Detection, Others), End-use Industry (Oil & Gas, Manufacturing, Others), & Geography – Global Forecast to 2031
The Non-destructive Testing Services Market is expected to reach above $18.58 billion by 2031, at a CAGR of 9.4% from 2024 to 2031. The growth of the NDT services market is driven by stringent regulatory standards imposed by governments regarding public safety and product quality, the rising need to assess the structural integrity of aging infrastructure and assets, and the rising significance of advanced NDT techniques in the industrial sector. However, the high cost of NDT services restrains the growth of this market.
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