Ever wonder what keeps our crucial infrastructure safe and sound? The NDT and inspection market is booming, projected to hit $22.34 billion by 2030! From oil rigs to aerospace, advanced technologies are revolutionizing safety and quality. What innovations are driving this massive growth?
The global NDT and inspection market is poised for substantial expansion, with projections indicating a surge from USD 14.99 billion in 2025 to an impressive USD 22.34 billion by 2030, reflecting a robust Compound Annual Growth Rate (CAGR) of 8.3%. This significant growth underscores the critical role that non-destructive testing and inspection technology play in ensuring the safety and quality across a multitude of industrial sectors.
A primary catalyst for this market boom is the increasing implementation of stringent safety regulations worldwide. Industries such as oil & gas, aerospace, and power generation are compelled to adopt advanced inspection protocols to guarantee public safety, maintain asset integrity, and uphold product quality, thereby driving consistent demand for NDT solutions.
Technological innovation serves as another powerful accelerant. The growing adoption of cutting-edge tools like Artificial Intelligence (AI), the Internet of Things (IoT), and digital twin technologies is revolutionizing inspection processes. These advancements are not only enhancing accuracy and reliability but also enabling real-time monitoring capabilities and significantly reducing operational downtime, a crucial factor for modern industrial efficiency.
Furthermore, the rising global demand for structural health monitoring of aging infrastructure presents a vast opportunity for the NDT market. Coupled with continuous advancements in portable and miniaturized NDT devices, these trends are facilitating more accessible and efficient inspections. Extensive infrastructure development initiatives across regions such as Asia Pacific, Europe, and South America, alongside the burgeoning power and renewable energy sectors, are further accelerating the deployment of sophisticated NDT solutions.
The “other services” segment within the NDT and inspection market, encompassing training, certification, consultancy, and maintenance & repair, is anticipated to register the highest CAGR during the forecast period. This upward trajectory is largely fueled by the increasing complexity of industrial assets, evolving safety regulations, and the pressing need for skilled professionals adept at operating advanced inspection technologies. As industries embrace digitalized and automated NDT, the demand for specialized training and certification programs to ensure compliance with international standards like ISO, ASME, and API continues to rise.
Segment-wise, the oil & gas industry is projected to command the largest market share throughout the forecast period. This dominance stems from the critical need for industrial safety, asset integrity, and operational reliability across all phases of oil & gas operations. The sector’s reliance on extensive pipelines, pressure vessels, and offshore structures necessitates advanced inspection techniques such as ultrasonic testing (UT), radiographic testing (RT), and acoustic emission testing (AET) to detect flaws and corrosion without disrupting vital operations.
Geographically, North America is poised to maintain the largest share of the NDT and inspection market. This leadership is driven by a combination of stringent safety regulations enforced by authorities like ASME, FAA, and OSHA, a well-established industrial infrastructure, and a robust demand for asset integrity management across key verticals. The region’s significant investment in cutting-edge techniques, augmented by AI in NDT analytics, digital twins, and robotics for predictive maintenance, solidifies its position as a frontrunner in the market.
Leading global players in this dynamic market include SGS Société Générale de Surveillance SA, Bureau Veritas, Baker Hughes Company, Applus+, Intertek Group plc, MISTRAS Group, TÜV Rheinland, DEKRA, Evident, and Ashtead Technology. These industry titans consistently engage in strategic organic and inorganic growth initiatives, including product and service launches, key agreements, partnerships, collaborations, acquisitions, and strategic investments to solidify their market presence and drive innovation.
This comprehensive market analysis highlights how the B2B economy is currently experiencing the emergence of novel revenue streams that are poised to redefine existing ones. Through strategic insights and advanced methodologies, companies are navigating this transformative landscape, leveraging industry expertise and cutting-edge AI to gain ecosystem-wide visibility into revenue shifts and ensure future readiness.
