How big is the NDT in the Aerospace and Defense Market?

The NDT in the Aerospace and Defense Market size is expected to reach USD 9.11 billion in 2024 and grow at a CAGR of 15.74% to reach USD 18.92 billion by 2029. Read More

What is the current NDT in the Aerospace and Defense Market size?

In 2024, the NDT in the Aerospace and Defense Market size is expected to reach USD 9.11 billion. Read More

Who are the key players in NDT in the Aerospace and Defense Market?

Mistras Group, Fujifilm NDT Systems, GE Measurement and Control, NikonMetrology Inc. and Magnaflux Corporation are the major companies operating in the NDT in the Aerospace and Defense Market. Read More

Which is the fastest growing region in NDT in the Aerospace and Defense Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in NDT in the Aerospace and Defense Market?

In 2024, the Asia Pacific accounts for the largest market share in NDT in the Aerospace and Defense Market. Read More

What years does this NDT in the Aerospace and Defense Market cover, and what was the market size in 2023?

In 2023, the NDT in the Aerospace and Defense Market size was estimated at USD 7.68 billion. The report covers the NDT in the Aerospace and Defense Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the NDT in the Aerospace and Defense Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

NDT In The Aerospace And Defense Market Share

Statistics for the 2023 & 2024 NDT In The Aerospace And Defense market share, created by Mordor Intelligence™ Industry Reports. NDT In The Aerospace And Defense share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of NDT In The Aerospace And Defense Industry

The NDT in the Aerospace and Defense Market is quite competitive and fragmented. This is due to the presence of significant players such as Mistras Group, Fujifilm NDT Systems, GE Measurement and Control, NikonMetrology Inc., Magnaflux Corporation, etc. Prominent companies are entering into collaborations and launching innovative solutions to increase their market share.

December 2022 - Theta Technologies of Exeter, UK, and BAE Systems of London have announced a partnership in the field of aerospace and defense. Theta's RD1-TT will presumably test a variety of BAE Systems components, both composite and additively manufactured, as a result of the partnership. Theta Technologies unveiled RD1-TT, its first non-destructive testing (NDT) product for sale.
March 2022 - Nasmyth TMF, a pioneer in metal finishing, painting, and non-destructive testing (NDT) for the aerospace and defense industries, has received NADCAP accreditation for its NDT services. Due to the company's ongoing full Nadcap accreditation, it is well-positioned to continue serving the aerospace and defense supply chains in the USA and Canada.