Eddyfi/NDT had acquired NDT Global.

In February 2020, Eddyfi/NDT Completed the acquisition with NDT Global, through a strategic partnership with Novacap and Caisse de dépôt et placement du Québec (CDPQ). The collaboration provided a fantastic opportunity to combine the respective expertise and created even better solutions. Through innovation & partnership and out-of-the-box thinking, NDT Global continues its trend of becoming a technology disruptor while providing new and never-before-seen solutions to the customers.

Power Generation Vertical Segment is expected to hold a Significant Share in the Global Ultrasonic Testing Market.

During the forecast period, the power generation vertical is projected to rise at the fastest CAGR. Ultrasonic testing is critical for ensuring the safety of nuclear power plants during inspection, design, and operation. Furthermore, emerging economies like India are investing in power grid infrastructure to extend electricity to nearly every household. Ultrasonic thickness gages are commonly used in the power generation industry to calculate the residual wall thickness of corroded process piping, tubing, and pressure vessels. Ultrasonic fault detectors are also commonly used in important protection and quality-related applications such as structural welds, aircraft engines and frames, vehicle frames, railroad tracks, power turbines, and a variety of other applications.

Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than XX%, during the tenure of 2020 – 2026.

The report published by Maximize encompasses the market dynamics, which could affect the market growth of white goods in the region, the Value – Chain analysis, and the PORTER’s analysis for the white goods market at a global level.

The study is consolidated on the basis of two major segments and further into sub-segments, Type (Time-of Flight Diffraction, Immersion Testing, Guided wave, Acoustography, and Others), Equipment (Flaw Detectors, Imaging System, Bond Testers, and Others), Service (Inspection Services, Training Services, Equipment Rental Services, and Calibration services), Vertical (Manufacturing, Oil & Gas, Aerospace, Government Infrastructure, Automotive, Power Generation, Marine, and Others) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.

Global Ultrasonic Testing Market

Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players – Baker Hughes, Olympus Corporation, MISTRAS Group, Intertek, Sonatest, Zetec, Inc., T.D. Williamson Inc., Bosello High Technology srl., Eddyfi, Magnaflux, Fischer Technology Inc., Cygnus Instruments Ltd., NDT Global GmbH, Acuren, LynX Inspection, and others.

You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Ultrasonic Testing Market.”

https://www.maximizemarketresearch.com/market-report/global-ultrasonic-testing-market/94505/

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