NDT Market Share

Market Share of NDT Industry

The Non-Destructive Testing (NDT) market is highly fragmented due to the presence of both global players and small and medium-sized enterprises. Some of the major players in the market are Evident Corporation (Olympus Corporation), Zetec Inc. (Eddyfi Technologies), YXLON International GMBH (COMET Group), Team Inc., and Applus Services SA. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

• June 2024 - TÜV Rheinland North America announced the launch of its Northeast Technology and Innovation Center in Boxborough, MA. This modern facility signifies a substantial commitment for the prominent organization. Encompassing 65,000 square feet, this advanced facility has infrastructure for electrical safety, wireless technology, EMC testing, environmental assessments, medical device testing, and beyond.

• January 2024 - Intertek Group PLC launched a service called Intertek Inform, which provides standards and regulations to facilitate quicker access to the market. Access to standards is becoming essential for companies wishing to compete and supply products and services in current and developing markets due to the growing demand for quality, safety, and sustainability.

Non-Destructive Testing Market Leaders

1. Evident Corporation (Olympus Corporation)

2. Zetec Inc. (Eddyfi Technologies)

3. YXLON International GMBH (COMET Group)

4. Team Inc.

5. Applus Services SA

*Disclaimer: Major Players sorted in no particular order