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Showing posts with the label NDT and Inspection Market 2024

Industry Unveiled: NDT and Inspection Market 2024 Transforming Manufacturing and Infrastructure

NDT and inspection market is expected to reach USD 18.4 billion by 2029 from 11.6 billion in 2024, at a CAGR of 9.6% during the 2024–2029 period. The Non-Destructive Testing (NDT) and Inspection market has experienced substantial growth, driven by the increasing emphasis on quality assurance, safety regulations, and the need for efficient asset management across various industries. NDT and inspection technologies play a pivotal role in assessing the integrity of materials and components without causing damage, ensuring the reliability and safety of critical infrastructure. This market has witnessed continuous advancements expanding its applications and contributing to the evolution of inspection methodologies. Trends in the NDT and Inspection Market: Digital Transformation : The industry is undergoing a digital transformation with the integration of advanced technologies such as artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT). These technologies e...