DUBLIN--(BUSINESS WIRE)--The "Industrial RT for Non-Destructive Testing Market by Component and Application - Opportunity Analysis and Industry Forecast, 2014-2022" report has been added to ResearchAndMarkets.com's offering.
The Industrial RT for the non-destructive testing market size was valued at $491 million in 2014, and is projected to reach $1,088 million by 2022, growing at a CAGR of 10.1% from 2016 to 2022.
The RT system is used for testing materials for defects to avoid equipment failure. These systems are used to maximize the efficiency of a product. Radiographic testing is conducted under stringent settings to avoid mishaps, without contaminating the tested products. It acts as a preventative measure in industries utilizing volatile or high-pressure equipment and machinery.
The aerospace & defense and oil & gas sectors constituted the largest market share in 2015, owing to the presence of large shale oil & gas reserves in countries such as the US, the UK, Germany, China, France, and Italy. The surge in operations in the aerospace & defense sector, particularly in the testing sector of the US drives the RT system market, as NDT inspection plays a vital role in the functioning of aircrafts, satellites, and others.
North America is projected to hold the largest market size in the global industrial RT for the NDT market. The Asia-Pacific market is in its growth phase, owing to an increase in infrastructure projects and power plants.
- Vitrox Corporation Berhad
- Shimadzu corporation
- Nagoya electric Works CO., LTD
- Yxlon international
- Smiths Detection
- Rapiscan Systems
- DuRR NDT GmbH & Co.
- KGKrystalvision Image Systems Pvt. Ltd
- Saki Corporation
- North Star Imaging, Inc.
- Computerised Information Technology Ltd.
- RayScan Technologies GmbH
- VJ Group, Inc.
- Metrix NDT Ltd
- Nikon Metrology
- Teledyne ICM
- COMET Group
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Industrial RT For Non-Destructive Testing Market, By System Type
Chapter 5 Industrial RT For Non-Destructive Testing Market, By Service
Chapter 6 Industrial RT For Non-Destructive Testing Market, By Application
Chapter 7 Industrial RT For Non-Destructive Testing Market, By Geography
Chapter 8 Company Profiles
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