Market Share of Non-Destructive Testing (NDT) Software Industry
The non-destructive testing (NDT) software market is fragmented and consists of some influential players like Yxlon International Gmbh (Comet Holding Ag), TWI Limited, Sonatest Ltd, Mistras Group, and Eddyfi Technologies. These players have a noticeable market share and are concentrating on expanding their customer base across foreign countries. These businesses leverage strategic collaborative actions to improve their market percentage and enhance profitability.
- August 2023: Baker Hughes announced the launch of Krautkrämer RotoArray comPAct, a portable roller probe for manual phased array (PA) ultrasonic inspection of large-scale composite materials. The new technology complements the Krautkrämer RotoArray product line for the aviation, space exploration, and wind energy industries. Krautkrämer RotoArray comPAct is equipped with new Baker Hughes patented compact technology, enabling lighter, simpler, and more cost-effective ultrasound (UT) phased array applications.
- May 2023: Previan, a business under the company's umbrella, made headlines with its acquisition of Sensor Networks Inc. (SNI). SNI specializes in sensing tools and technologies that enhance the inspection and remote monitoring of safety-critical components, boosting productivity. SNI joined the Previan Group following the acquisition, with its NDT solutions now bolstered by the Eddyfi Technologies business unit.
Non-Destructive Testing (NDT) Software Market Leaders
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Yxlon International Gmbh (Comet Holding Ag)
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TWI Limited
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Sonatest Ltd
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Mistras Group
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Eddyfi Technologies
*Disclaimer: Major Players sorted in no particular order