Global Non-Destructive Testing (NDT) Equipment Market -Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2012 - 2018

Nondestructive testing is a wide group of analysis techniques used to evaluate properties of components, systems and materials without altering the original properties. These testing technologies are gaining popularity due to its time and cost saving benefits over other material testing technologies. NDT testing methods include ultrasonic, remote visual inspection (RVI), liquid penetrant, magnetic-particle, eddy-current testing, low coherence interferometry and radiographics. NDT is comprehensively used in mechanical, forensic, electrical, systems, civil, and aeronautical engineering as well as art and medicine.

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The NDT equipment industry represents huge growth potential in the future as it is one of the less impacted industries at times of financial crisis. The demand for NDT equipments used in inspections and quality checks observed an upward growth and is expected to grow at a significant rate due to the increasing importance for quality control among industry players across various verticals. North America is the largest regional market for NDT equipments due to stringent safety regulations implemented by the government which forces manufacturers to frequently engage in inspection activities.  Asia-Pacific is expected to experience the fastest growth due to rapid growth in infrastructure, aerospace and power generation sectors particularly in emerging countries such as India, China and Indonesia.  

Advancement in inspection software will further increase the demand for these equipments. Some of the key driving factors for this market are increasing demand for automation, assured return on investment and advancement in electronics. Some of the major challenges for the growth of this market are high inspection cost and lack of product knowledge. The rapidly growing service and automation industry represent the most potential end users for this market. Key players in this industry include YXLON international, GE Inspection technologies, Olympus Corporation, Nikon metrology, Mistras, Zetec, and Dr. Foerster.

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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

• North America 
• Asia Pacific 
• Europe
• Rest of the World  

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This report provides comprehensive analysis of 

Market growth drivers 

Factors limiting market growth

Current market trends 

Market structure

Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

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Software As A Service (SaaS) Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2012 - 2018

Software is a computer program which fulfills a particular purpose or activity for the user with lesser efforts. It is an application based program produced for the users need. Many of the software never need a service as they are designed for small needs. However, many software are used on repetitive working basis and have a wide variety of users, and need an after-purchase service. The service market today is run either for a product based service or for a client based service.

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The rising technological needs, rapid industrial growth and the growing knowledge of industrial applications have propelled the growth of this market. Technological advancement has led to the need for the fulfillment of specific requirements through software and this increases the need of software services. Increasing IT industries and the need for customized services are some of the major factors driving this market. 

Asia-Pacific is gaining attention as a demand driver for SaaS but most of the top companies are of North American origin. India is among the major demand sources for these SaaS companies. On the other hand, China is growing the market for SaaS because of the country’s rapid industrial growth. The available resources and advancement in technology is supporting China and India to excel in this market at an impressive rate.

Some of the market players in this industry are Salesforce, SAP, Oracle, Microsoft 365, Workday Inc., Intuit Inc., Zuora, Pardot, NetSuite, and Marketo Inc.

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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include :-

North America ,Asia Pacific ,Europe,Rest of the World 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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Global Ozone Generation Technologies Market - Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2012 - 2018

The growing need to treat wastewater in order to make it usable for drinking and other purposes is propelling the growth of the ozone generation technologies market. Ozone technologies disinfect air/gas and wastewater (industrial and municipal), which can be further used for various purposes.

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The global market is expected to witness steady growth over the next six years. Some of the major factors driving the demand for ozone generation technologies include water scarcity and the growing need to conserve natural water and treat wastewater. Favorable regulatory norms are also expected to contribute to increased profitability for stakeholders.  However, lack of awareness regarding the benefits of this technology in a few underdeveloped countries has been hindering market growth.

Rapid industrialization in the Asia Pacific region coupled with growing disposable incomes in emerging economies of China and India provide immense opportunities to major participants operating in the industry. China and India are the two fastest growing economies in the world, and their GDP growth rates are higher than the global average. Increasing number of industries in Asia Pacific induces more wastewater generation, which in turn escalates the need for water treatment via various means (including ozone generation technologies).

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Ozone generation technologies are generally used for treating water and air/gas. Among these applications, wastewater treatment accounts for approximately three fourth of the overall market. Treatment of air/gas is the fastest growing segment of the industry, and accounts for the remaining market share.

Some of the key market players include Absolute Ozone, Alab LLC, Apt Water, BWT Group, Del Ozone, Fuji Electric, Mitsubishi Electric Power Products, Inc., Norland International, and Nutech O3 among others. 

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