Industry Growth in the Non-Destructive Testing Industry
Non-destructive testing (NDT) is experiencing a dramatic revolution. As technology advances and already-in-use semi-autonomous equipment morphs into truly autonomous, the market is growing exponentially.
Today’s worth of around AU$16.72 billion is expected to rise to closer to AU$25 billion by 2026. Growth is being driven globally in the post-Covid landscape, with China, North America, Latin America, Asia-Pacific and Europe all predicted to dramatically increase their use of the many types of NDT.
The industries utilising the many different technologies on offer include:
- Oil & gas
- Energy sector
The Rise of the Automaton
With automated processes dominating many industries, the need for dynamic flaw detection is vital. If we look at manufacturing, for example – an industry that’s taking full advantage of robotic production – NDT plays a vital role in ensuring that anomalies are detected at the earliest opportunity to prevent faulty products from entering the supply chain.
Regulations within every industry are becoming ever more stringent. Enter semi and automated NDT equipment that allows maintenance teams to not only meet these standards, but to supersede them. Proactive testing makes maintenance and repair a simpler, more economical task. One example is within the nuclear energy sector, where the implementation of widespread NDT testing has considerably reduced the typical failure rate of 1-3 fuel rods per 100,000. Another example is within engineering, where NDT safety testing can guarantee that services are working as expected.
Some interesting statistics back up NDT growth around the world:
- The British Institute of Non-Destructive Testing states that more than 25,000 NDT inspections take place each day in the UK alone
- A wide number of NDT types are driving growth, including UT, magnetic particle testing, electromagnetic testing, eddy current, x-ray, radiographic and more
- It’s estimated that around 120.000 NDT employees are working in the industry worldwide
- China is one of the largest glowing clusters in the market
At Nexxis, our commitment to bringing cutting-edge, proven NDT equipment to our customers. Driven by our innovations lab, we’re a global leader in the relentless pursuit of optimal solutions for even the most complex of NDT requirements.
Offering buy, lease and rental options, our clients benefit from custom solutions designed to specifically target requirements. In addition, our deep knowledge of the industry means that we understand that the best solutions are dynamic. At Nexxis, your flexible needs are covered, no matter when, how, or why they change.
Find out how Nexxis are leading the field in “Nexxis Marked as One of NDT Equipment Global Market’s Key Players“