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According to a new report of "Nondestructive Testing Market by Application, Technology, End user, & Geography - Forecast & Analysis 2014-2020" published by MarketsandMarkets, the market is estimated to grow at a CAGR of 3.5% to reach $1720.96 Million by 2020.
Intertek Group plc. announced it has acquired International Inspection Services Ltd (INSPEC), a UAE-based provider of non-destructive testing (NDT) and associated services to the oil and gas industry.
For more than 50 years, Distance Gain Size (DGS) inspections have been performed for the code compliant flaw detection and sizing of welds across oil and gas, power generation and general fabrication applications. They are also used to inspect tubes, pipes, pressure vessels, containers and pumps.
The increase in replacement of conventional film radiography with advanced ultrasonic testing is fueling the global ultrasonic nondestructive test (NDT) equipment market.
3angles is led by Joop Kraijesteijn, who spent the past 12 years with DNV KEMA.
Stringent regulations, safety concerns and expanding applications of composites to push uptake of NDT.
NSI’s high speed, high resolution 3-D Computed Tomography X-ray imaging systems will be enhanced by now also offering VSG’s ability to supply fast analysis and modeling of the collected data.
Tightening of safety regulations along with a push by end-users to extend existing infrastructure lifecycle drives market growth.