Asia-Pacific Non-Destructive Testing Equipment Market is expected to grow due to booming manufacturing, construction, and power generation sector. With a rise in awareness, growing investment in the infrastructure development projects coupled with a surge in FDI in the manufacturing sector has led to an increase in demand for non-destructive testing equipment market in the APAC region.
According to 6Wresearch, Asia Pacific Non Destructive Testing Equipment Market size is projected to grow during 2019-25. China is the leading revenue-generating country in the APAC non-destructive testing equipment market on the back of the presence of large power generation projects in the country. However, the India NDT equipment market is expected to register high growth due to the growing demand for energy-based NDT equipment in the forecast period.
The ultrasonic and radiography testing segments collectively contributed a major share of market revenues owing to the property of filling gaps in existing products. Ultrasonic detectors are comparatively more in demand in the APAC region due to the less pricing of the equipment in comparison to radiography equipment.
Related Market Research Report: Europe Non-Destructive Testing Equipment Market
Key Highlights of the Report:
- Asia-Pacific Non-Destructive Testing Equipment Market Overview
- Market Drivers and Restraints
- Asia-Pacific Non-Destructive Testing Equipment Market Price Trends
- Asia-Pacific Non-Destructive Testing Equipment Market Share, By Players
- Key Strategic Recommendations
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Asia-Pacific Non-Destructive Testing Equipment Market Share, by Countries
- Asia-Pacific Non-Destructive Testing Equipment Market Outlook
- Asia-Pacific Non-Destructive Testing Equipment Market Forecast
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