NDT Market Worth $1.7B by 2020 According to a new report of “Nondestructive Testing Market by Application (Dimensional measurement, Flaw detection, Leak detection, Estimation of physical properties, Chemical composition determination, stress and structure analysis), Technology (Visual testing, Magnetic particle testing, electromagnetic testing, Liquid penetrant testing, Radiography testing, Ultrasonic testing, Thermography testing, acoustic emission testing), End user (Aerospace and defense industry, Automotive industry, Oil & gas industry, Infrastructure industry, Power generation), & Geography (North America, Latin America, Europe, Asia-Pacific, Middle-East) - 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. Nondestructive testing is testing of objects for their f laws and imperfections in accordance with some standard norms. The stringent government safety regulations in the aerospace and defense industry and commercial industry will drive the growth of NDT market. Rapid infrastructural development in developed as well as developing economies has fuelled in the growth of the NDT market. The U.S. and Europe are the major revenue generating regions for NDT.Latin America and Asia-Pacific are the emerging markets for NDT. Brazil, India, and China are the countries which have immense growth potential for NDT.APAC will be the leading market for nondestructive testing, due to the high growth in sectors like infrastructure, power generation, and aerospace in countries like India and China. This report provides the Nondestructive Testing Market segmentation on the basis of application, technology, end user, and geography. The report explains the drivers, restraints and challenges in the NDT market. The NDT market is witnessing a spree of mergers, partnerships, and acquisitions among market players, which has resulted in a wide range of challenges and opportunities. It provides information on the regional, end user, technology, and consolidation trends in the NDT market. This report provides a complete analysis of the global NDT market for the next six years. The report provides a complete revenue forecast and analysis for North America, Latin America, Europe, Asia-Pacific, and Middle East. The competitive landscape provides information about the major players in the NDT market and their market share in the NDT market for 2013. The report also provides overviews of the leading companies in the NDT market on the basis of their financial position, markets, and key developments. The major companies involved in global nondestructive testing industry are Mistras (U.S.), Olympus Corporation (Japan), Intertek Plc. (U.K), SGS S.A (Switzerland), G.E. Measurement and Control (Massachusetts). Browse more than 54 market data Tables with 58 Figures spread through 217 Pages and in-depth TOC on “Nondestructive Testing Market” at www.Marketsandmarkets .com/Market-Reports/nondestructive-testing-market- 257342201.html. Scheib Joins Imperium BELTSVILLE, MD—Imperium, Inc. announced that Randall Scheib has formally joined Imperium as global sales director. In this role, Scheib has full responsibility for Imperium’s domestic and international sales efforts. Scheib, a 20-year veteran of the NDT industry, has led diverse commercial programs and sales teams for large Non- Destructive Testing (NDT) products and service companies. Most recently, he served as Sales Director, Americas for Olympus NDT’s Advanced Products.Previously, Scheib was involved in Regional Technical Sales – Advanced Products, Southeast Region for Olympus.Before joining Olympus, he held various sales management roles of increasing responsibility for Mistras Group. “Randy has already had an immediate positive impact on our organization,” said Bob Lasser, president and CEO of Imperium. “He brings a breadth of NDT industry and product development experience that will help guide Imperium’s growth, and we have already seen our sales efforts flourish under his leadership.” Imperium, which markets its Acoustocam ™ mainly to aerospace and petrochemical companies seeking cost effective composite damage inspection and corrosion monitoring solutions, has recently developed product features that are stimulating sales growth in the U.S. and abroad. For more, visit www.imperiuminc.com. Carestream Introduces NDT Training Programs ROCHESTER, NY—Carestream introduced a new NDT 40 Hour training program designed specifically to meet the expanding needs of the Non- Destructive Testing industry. Over 100 years of imaging excellence across the globe is the foundation for the training course, which covers everything you’ll need to know about the science of digital imaging. Courses are designed to meet the aerospace industry’s demanding guidelines for digital radiography training and qualifications, including specific guidelines of the Metals Affordability Initiative (MAI), Federal Working Group on Industrial Digital Radiography (FWGIDR), and the Defense Working Group on Non-Destructive Testing (DWGNDT). Courses are offered at the headquarters in Rochester, NY. The course can also be taken on-site to a client’s location for a slight surcharge. For more, visit www.carestream.com/ndt-training.html.
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