Market Size of NDT In The Aerospace And Defense Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 9.11 Billion |
Market Size (2029) | USD 18.92 Billion |
CAGR (2024 - 2029) | 15.74 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
NDT in Aerospace and Defense Market Analysis
The NDT In The Aerospace And Defense Market size is estimated at USD 9.11 billion in 2024, and is expected to reach USD 18.92 billion by 2029, growing at a CAGR of 15.74% during the forecast period (2024-2029).
Non-destructive testing tools also lower production costs while preserving a constant level of quality. The main drivers of the growth of the non-destructive testing equipment market globally are strict government safety regulations for quality control, ensuring machine safety and reliability, and rising demand to improve the quality and longevity of the machines. The aerospace and aviation industries depend heavily on non-destructive testing.
- Non-destructive testing is a crucial step in the process because aerospace components are made to be as light as possible while still performing their function. These components frequently handle heavy loads in their tasks, and even a small flaw can cause complete failure if it goes undetected, endangering lives. Large-scale aerospace projects in the Asia-Pacific and European regions, as well as the rising demand for sophisticated and automated non-destructive testing solutions, are just a few of the growth prospects that are anticipated to contribute to the market's future expansion.
- NDT is a significant component in the aerospace industry to ensure aircraft safety by deploying accurate and efficient methods. Aerospace companies such as The Airbus, Boeing Company, GE Aviation, and Rolls-Royce work together with suppliers to form a standard that a supplier must attain to become and remain NADCAP approved. Digital Radiography is poised to become the preferred industrial imaging method due to ongoing technological advancements and the considerable price reduction.
- According to Lockheed Martin, autonomous metrology and NDT operations will be tested on an F-35 assembly line starting in August 2022. The system being created for the program may take the place of the manual inspections currently carried out by gantry workers. The technology uses a combination of ground and aerial robots to conduct surface metrology and NDT in order to increase accuracy, safety, and efficiency.
- Moreover, effective non-destructive testing (NDT) helps the defense industry ensure the safe operation of military assets to serve and protect. Each must be regularly checked to ensure that they are fit for purpose from military aircraft to naval ships, because of their essential role. There's not room for error; it's imperative that integrity engineers have the full set of data, so they can make informed decisions. Advancements in phased array ultrasonic testing technology (PAUT) continue to provide robust testing for military and defense stakeholders.
- As non-destructive testing and inspection, services are in greater demand. However, it has also become crucial for players to increase their global presence while also creating a workforce with a high level of expertise. The market is facing a number of challenges brought on by a skilled labor shortage, which will restrain market expansion. Therefore, it is crucial for a business strategy to have a skilled workforce with the required non-destructive testing and inspection skillset.
NDT in Aerospace and Defense Industry Segmentation
Non-destructive testing (NDT) is a broad group of analysis techniques used in the science and technology industry to evaluate the properties of a material, component, or system without causing damage. NDT is essential to the design, production, and maintenance of aircraft in the aerospace sector. It is the most precise method for testing aircraft materials and parts without causing any damage.
Non-destructive Testing (NDT) in the aerospace and defense market is segmented by type (service, equipment), technology (radiography testing, ultrasonic testing, magnetic particle testing, and electromagnetic testing, liquid penetrant testing, visual inspection, eddy current), and geography (North America, Europe , Asia Pacific, Latin America), Middle East & Africa ). The market sizes and forecasts are provided in terms of value in USD for all the above segments.
By Type | |
Service | |
Equipment |
By Technology | |
Radiography Testing | |
Ultrasonic Testing | |
Magnetic Particle Testing and Electromagnetic Testing | |
Liquid Penetrant Testing | |
Visual Inspection | |
Eddy Current |
By Geography | |
North America | |
Europe | |
Asia | |
Australia and New Zealand | |
Latin America | |
Middle East and Africa |
NDT In The Aerospace And Defense Market Size Summary
The aerospace and defense non-destructive testing (NDT) market is poised for significant growth, driven by the increasing demand for safety and quality assurance in these critical industries. NDT plays a vital role in ensuring the integrity and reliability of aerospace components, which are designed to be lightweight yet capable of withstanding heavy loads. The market is influenced by stringent government regulations and the need for advanced testing solutions to enhance the longevity and performance of machinery. The aerospace sector, in particular, relies heavily on NDT to prevent failures that could jeopardize safety. The adoption of digital radiography and other advanced technologies is expected to further propel market expansion, offering improved efficiency and cost-effectiveness in testing processes.
The market landscape is characterized by a competitive and fragmented environment, with key players such as Mistras Group, Fujifilm NDT Systems, and GE Measurement and Control actively participating. These companies are focusing on collaborations and innovative solutions to strengthen their market presence. The Asia-Pacific and European regions are witnessing substantial growth opportunities due to large-scale aerospace projects and the rising demand for automated NDT solutions. However, challenges such as a skilled labor shortage pose potential constraints to market growth. Despite these challenges, the market is expected to continue its upward trajectory, supported by ongoing technological advancements and increased investments in the aerospace and defense sectors.
NDT In The Aerospace And Defense Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Buyers
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1.3.3 Threat of New Entrants
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1.3.4 Intensity of Competitive Rivalry
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1.3.5 Threat of Substitutes
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1.4 Assessment of Covid-19 on market
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Service
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2.1.2 Equipment
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2.2 By Technology
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2.2.1 Radiography Testing
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2.2.2 Ultrasonic Testing
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2.2.3 Magnetic Particle Testing and Electromagnetic Testing
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2.2.4 Liquid Penetrant Testing
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2.2.5 Visual Inspection
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2.2.6 Eddy Current
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2.3 By Geography
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2.3.1 North America
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2.3.2 Europe
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2.3.3 Asia
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2.3.4 Australia and New Zealand
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2.3.5 Latin America
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2.3.6 Middle East and Africa
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NDT In The Aerospace And Defense Market Size FAQs
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.
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.