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NDT.net Issue - 2013-07 - NEWS
2013-07 NDT.net Journal,

Emerging Growth Markets for Nondestructive Test (NDT) Inspection Services


Frost & Sullivan23, London [United Kingdom]
 
NDT.net Journal
Issue: 2013-07
Brazil, India, China, and South Africa Offer Long-term Growth Prospects

(Published: 14 Jun 2013) The emerging markets for NDT inspection services are Brazil, China, India, and South Africa. Surprisingly, of these markets, China is the smallest. This is due to the trend in China wherein end-user industries prefer performing NDT inspections in-house rather than outsourcing. Similar to the global NDT inspection services market, these emerging growth markets are characterized by a large number of competitors, although most participants are relatively small. End-user industries such as oil and gas and power generation are the key drivers. High oil and gas prices have ensured that the operators earn significant revenue. This revenue has been duly invested back into developing the infrastructure in the energy industry.

Key Questions This Study Will Answer

  • Which are the emerging growth markets for NDT inspection services?
  • What are the key growth drivers and restraints for the emerging markets?
  • Who are the major participants in these markets, and what are their market shares?
  • Which are the strategic growth end-user industries?
  • What are the biggest challenges that market participants need to overcome to achieve growth?

For further Information visit the Website >> here

More of Frost & Sullivan published in NDT.net
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2014-05-01: Beyond BRIC: Exploring the Next Game Changers for the NDT Industry
2013-12-01: Frost & Sullivan: Replacement of Radiography by Phased Array Ultrasonic Testing Drives Global Ultrasonic NDT Equipment Market
2013-11-01: Mega-Trends in the NDT Industry
2013-07-01: Overview of the Indian Nondestructive Test Equipment Market
2013-05-01: Nondestructive Test Equipment Market—Gaining Momentum with Evolving Technologies
2012-12-01: Governmental Safety Regulations Globally Increase Demand for Nondestructive Test Equipment, Finds Frost & Sullivan
2012-12-01: Analysis of the Global Nondestructive Test Equipment Market - Understanding Industry Dynamics Key to Growth
2012-09-01: Frost & Sullivan Recognizes Sonotron NDT for Delivering Unique Value Proposition to Customers in the Ultrasonic Test Equipment Market
2012-08-01: Analysis of the Industrial Digital X-ray Inspection Systems Market
All 23 Articles & News of Frost & Sullivan in NDT.net

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