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 -

ULTRASOUND INSTITUTE
The Ultrasound Institute can develop new advanced ultrasonic measurement, imaging and NDT techniques for non-conventional applications.
683 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, 278

John O'Brien

Consultant, -
Chevron ETC ,
USA,
Joined Jan 2000
278
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, 89

William Blum

Consultant, Training, Level III Services
NDT Consulting Group Inc.,
USA,
Joined Nov 2000
89
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

Ultrasonic Testing Immersion Tanks with Unmatched Scanning Features

TecScan’s non-destructive testing Ultrasonic Immersion Tanks & scanners are designed for high pe
...
rformance and demanding NDT testing applications. Our Scan3D™ line of High Precision Immersion Tanks are specifically designed for automated ultrasonic testing of complex composites parts used in aerospace and industrial applications.
>

Sci Aps Z-Series Portable Handheld Analysers

The world’s only handheld analyzer that measures carbon content in stainless (yes even L-grades),s
...
teels, and cast irons. Also accepted for low Si analysis for sulfidic corrosion analysis, and is widely used in the power industry for Cr analysis, for flow accelerated corrosion applications.
>

Wireless TOFD scanner

Quick, accurate and highly reproducible welds testing. The System operates wirelessly and is compat
...
ible with any type of Windows based Laptop, Desktop or Tablet.
>

IRIS 9000Plus - Introducing the next generation of heat exchanger inspection.

Representing the seventh generation of the IRIS system, the IRIS 9000 Plus has nearly 200 years of c
...
ombined field inspection experience incorporated in its design. This experience combined with a strong commitment to quality and a history of innovation has made Iris Inspection Services® the undisputed leader in IRIS technology.
>

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