Emerging Growth Markets for Nondestructive Test Inspection Services

  Enquire / contact me

Brazil and South Africa lead the way

Emerging Growth Markets for Nondestructive Test Inspection Services
Emerging Growth Markets for Nondestructive Test Inspection Services

The rapid expansion of key end-user industries, such as oil and gas and power generation, is encouraging investment in newer infrastructure, which is driving demand for nondestructive test inspection (NDT) services in the emerging markets of Brazil, South Africa, India and China. Of these, Brazil is the most developed, accounting for 55 percent of the market share. Furthermore, with the investment plans announced by Petrobras to develop oil and gas infrastructure in Brazil, sustained market growth is expected in the long term.
New analysis from Frost & Sullivan, Emerging Growth Markets for Nondestructive Test (NDT) Inspection Services, finds that the market earned revenue of $367.8 million in 2012 and estimates this to reach $615.6 million in 2017. The study covers the oil and gas upstream, midstream and downstream, power generation, and other industries, such as aerospace, automotive, transportation, shipbuilding, manufacturing, pulp and paper, and sugarcane end-user sectors.

Posted on July 15, 2013 - (260 views)
by
Related articles
Intelliconnect at Electronica 2018
Verigo Model PB3 Reusable Temperature Data Logger
Fischer Shows its Connectivity Solutions at Electronica
Advancing the Expansion of the Grid
Getting Started with the Industry 4.0 Journey
Positioning with Large Reading Window
Industrial Humidity Transmitter EE23
All Levels of Digital Integration
Data Highway for the Internet of Things
High-Pressure Flowmeter Measures Liquid Refrigerants
New JD Mini for Maximum Efficiency
Sensing Innovation in Process and Control
Connect Everything with e-Factory
System-based High Precision Linkages
Ultrasonic Flowmeter for Air
Reflowable Thermal Switch
Mobile, Multi-protocol Diagnostics Mercury
Microscope Optics for IR cameras
Level Switches RFS-9 and RFS-12
Digital Multimeter, Gas Soldering Iron and Carrying Case
Verigo Model PB3 Reusable Temperature Data Logger
Compact Power Modules
Modular Compact CPU Board
Absolute Modular Encoders
Connector for Data Transmission
Mass Flow Controller FMA-2600A Series
High-Performance Box PC
Compact True Color Sensor
A new performance class in inductive displacement measurements
Positioning System
Verigo Model PB3 Reusable Temperature Data Logger
Ultrasonic Flowmeter for Laboratory
Co-Creating the Industry of the Future
Ultra-Low Power Accelerometer for IoT
New JD Mini for Maximum Efficiency
Bonfiglioli BSR Synchronous Reluctance Motors
Reflowable Thermal Switch
Measuring the Position of Hydraulic and Telescopic Cylinders
AI Convention Europe Presents KAPTAIN
Ultrasonic Flowmeters for Compressed Air