Market Trends of Europe Non-Destructive Testing Industry
This section covers the major market trends shaping the Europe Non-Destructive Testing Market according to our research experts:
Power and Energy Sector to Dominate the Market
- Nuclear power is playing an essential role in generating electricity in many countries of the world. Ensuring a reliable and safe operation of nuclear power plants is the central problem of nuclear power engineering. In particular, it depends on the quality of nuclear fuel and process equipment for fuel manufacture. Solving this problem is directly connected to the application of non-destructive testing and diagnostics.
- The primary possible problems that can happen with a power plant are associated with Tube exchangers, turbines, or primary circuits . These problems can be avoided if the flaws that cause them are detected early enough. For this detection the role of NDT becomes important, analysts need high-quality inspection instruments that are portable and can penetrate hard-to-reach areas easily and efficiently.
- Nondestructive methods are very widespread in many applications such as fuel inspection. In this field, many techniques are used, like ultrasonics, eddy current, radiographic testing, and acoustic techniques. According to the IAEA studies, the fuel failure rate in the world is around 10-5, which means 1-3 failed fuel rods from 100 000 fuel rods in operation. With the implementation of NDT, the failure rate is decreasing.
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Aerospace and Defense to Witness Significant Growth
- The European defense industry makes a significant contribution to the security and defense of its citizens. The defense industry is a major industrial sector that includes a variety of fields, such as aeronautics, land and naval systems, and electronics.
- The European aerospace and defense industry develops and manufactures civil and military aircraft, helicopters, drones, aero-engines, other defense systems, and equipment. The sector includes companies that provide support services, such as maintenance and training. It is also a world leader in the production of civil aircraft, including aircraft engines, helicopters, parts, and components.
- Investment in R&D and innovation is vital for the competitiveness of the EU aeronautics industry. RDI expenditures represent 10% of industry turnover, one-third of which was financed by the public sector.
- Increased complexity of equipment makes it essential for firms to conduct proper “fit analysis” before determining the feasibility of assembling complex machines. NDT is also used in the selection and fabrication of materials that are used for manufacturing complex machinery in the application areas in the aerospace and defense industry.
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