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- since 1996 -

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WesDyne is an engineering and technical services firm dedicated to providing standard and custom nondestructive examinations (NDE) products and systems

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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.


    
 
 
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.


    
 
 
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.
.



    
 
 

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