where expertise comes together - since 1996 -

The Largest Open Access Portal of Nondestructive Testing (NDT)

Conference Proceedings, Articles, News, Exhibition, Forum, Network and more

where expertise comes together
- since 1996 -

747 views
Technical Discussions
Dennis Dussin
Dennis Dussin
02:16 Aug-08-2001
Investments in NDT companies

I represent a private investment company who is looking for interesting industries to invest in. I am trying to determine how big the market for NDT is in the US. Ideally, I would like to know how many companies there are providing NDT, and what the total amount of revenue earned by all NDT companies is. I know this is a technical forum, but if anyone could point me in the right direction, I would appreciate it. Thanks.


 
 Reply 
 
John O'Brien
Consultant, -
Chevron ETC , USA, Joined Jan 2000, 281

John O'Brien

Consultant, -
Chevron ETC ,
USA,
Joined Jan 2000
281
00:38 Aug-08-2001
Re: Investments in NDT companies
Contact the American Society Of NDT Ohio they have some publications on market studies although some of them are a little dated.

Also look up Frost & Sullivan who conducted a market study recently.

You will find these studies a guide indicator but be cautious they are all flawed and incomplete. They are based on the high profile, high volume NDT Companies. As such they fail to recognise that there is a huge diversity in NDT across a myriad of industries. Within Industry Specific Centres there are numerous niche NDT companies who have deceptively high volumes. There is also the issue that many of the studies are focussed on 'public domain' information. In the case of privately owned companies 'guesstimates' are used which from our own reserach we know can often be off the mark by Millions of US Dollars.
You may find it more useful to select certain specific market segments - do an in depth study and then extrapolate against the market size of each industry.


 
 Reply 
 
William Blum
Consultant, Training, Level III Services
NDT Consulting Group Inc., USA, Joined Nov 2000, 92

William Blum

Consultant, Training, Level III Services
NDT Consulting Group Inc.,
USA,
Joined Nov 2000
92
01:35 Aug-12-2001
Re: Investments in NDT companies
Here are a couple of interesting articles which will lead you to a report on the state of the NDT industry.

http://www.ndt.net/news/bcc_ndt.htm
http://www.bccresearch.com/editors/RDTU97.html

: I represent a private investment company who is looking for interesting industries to invest in. I am trying to determine how big the market for NDT is in the US. Ideally, I would like to know how many companies there are providing NDT, and what the total amount of revenue earned by all NDT companies is. I know this is a technical forum, but if anyone could point me in the right direction, I would appreciate it. Thanks.
.



 
 Reply 
 

Product Spotlight

GEKKO - Portable Phased Array Testing with TFM in Real-Time

The portable phased array testing system GEKKO provides 64 parallel test channels. On creating testi
...
ng parameters the operator is assisted by the CIVA software. Due to its modular set-up the GEKKO instrument is suitable for operators of all skill levels.
>

OPBOX with standard software is able to do all types of inspections and measurements: flaw detection in welds and materials, scanning of objects, testing composite materials, forged and moulded pieces, many UT inspections, measurements of properties of ma

Typical applications: UT measurements with pulse technique, Measurement of thicknesses also at hig
...
h temperatures, Measurements of properties of materials, including fluids and gases We are delivering a standard version of the software (for any Microsoft Windows up to 10 x64 with Microsoft Hardware certification report Approved) and for special needs: SDK with ready to use examples for LabView, MATLAB x64, C++ wrapper for dll, Python and Linux., and also low-level description of how to control our devices directly from any USB tools
>

Ultrasonic Probe Recharacterization Service

NDT Systems offers a comprehensive Aftercare and Recharacterization Service for all our ultrasonic
...
probes. The Recharacterization Service is fully compliant with International ASTM E1065 Standard Guide (and other applicable standards) and offers complete documentation, traceable to the ASTM E1065 Standard. For more details or to schedule Recharacterization Services contact ndtsales@ndtsystems.com
>

Extended Range Variable Wall® Piping Calibration Blocks for Longseam Inspection

This set of two blocks has been specially designed for situations where ultrasonic examination tak
...
es place circumferentially or “around the curve” for applications such as inspection of longseam welds in piping and vessels. Jointly designed by PH Tool and Holloway NDT, the blocks feature side-drilled hole reflectors positioned within novel compound-curves, each with multiple thickness steps. The unique design results in a light and compact form factor, with the largest block weighing just over 15 lbs and spanning just 16 ¾”. Coverage is provided for nominal pipe sizes from 6” to 10” in the small block and 12” to a whopping 56” in the large block. The compound OD curves and multiple wall thicknesses actually exceed ASME requirements, providing exceptional signal response and measurement accuracy. Properly managing beam divergence off the ID and stabilizing beam skew due to probe rocking is essential to maintaining a consistent calibration when inspecting lengthwise on curved surfaces.
>

Share...
We use technical and analytics cookies to ensure that we will give you the best experience of our website - More Info
Accept
top
this is debug window