North America Non-Destructive Testing Equipment Market , Applications and Market– Industry Analysis, Size, Share, Growth and Forecast 2030
North America Non-Destructive Testing Equipment Market Analysis and Size
Safety is the major concern for workers in any process plant. In last few years, stringent government rules and regulations have been formulated to ensure product quality and public safety. Codes defining the best practices require asset owners to use non-destructive testing equipment to agree with an inspection regime in a cost-beneficial way. The “volumetric inspection “is expected to be the fastest-growing method segment during the forecast period due to the widespread usage of volumetric examination in the oil and gas industry.
Data Bridge Market Research analyses that the non-destructive testing equipment market is expected to reach USD 7.38 billion by 2030, which is USD 3.96 billion in 2022, registering a CAGR of 8.10% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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