Top Companies List of NDT and Inspection Industry

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The NDT and inspection market is expected to reach USD 18.4 billion by 2029 from USD 11.6 billion in 2024, at a CAGR of 9.6% during the 2024-2029 period. The major players in the NDT and inspection market include General Electric (US), MISTRAS Group (US), Olympus Corporation (Japan), Ashtead Technology (Scotland), Nikon Metrology NV (UK), SGS Société Générale De Surveillance SA, (Switzerland), Magnaflux (US), Eddyfi Technologies (Canada), Sonatest (UK), Intertek Group plc (UK), Applus+ (Spain), Bureau Veritas (France), Comet Group (Switzerland), TUV Rheinland (Germany), FISCHER TECHNOLOGY INC. (US), Acuren (US), CREAFORM (Canada), Vidisco Ltd. (Israel), DEKRA (Germany), Team, Inc. (US), Labquip NDT (US), Cygnus Instruments Ltd. (UK), FPrimeC Solutions Inc. (Canada), Carestream Health (US), and Element Materials Technology (UK).

SGS Société Générale De Surveillance SA

SGS Société Générale De Surveillance SA, headquartered in Geneva, Switzerland, stands as a global leader and innovator in the provision of inspection, verification, testing, and certification services. Renowned for setting the global benchmark in quality and integrity, the company's core services are categorized into inspection, testing, certification, and verification. Catering to a diverse range of industries such as oil & gas, energy, agriculture & food, mining, chemical, and industrial manufacturing, SGS provides non-destructive testing (NDT) products and services.

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Major NDT and Inspection companies include:

• General Electric (US)
• MISTRAS Group (US)
• Olympus Corporation (Japan)
• Ashtead Technology (Scotland)
• Nikon Metrology NV (UK)
• SGS Société Générale De Surveillance SA, (Switzerland)
• Magnaflux (US)
• Eddyfi Technologies (Canada)
• Sonatest (UK)
• Intertek Group plc (UK)
• Applus+ (Spain)
• Bureau Veritas (France)
• Comet Group (Switzerland)
• TUV Rheinland (Germany)
• FISCHER TECHNOLOGY INC. (US)
• Acuren (US)
• CREAFORM (Canada)
• Vidisco Ltd. (Israel)
• DEKRA (Germany)
• Team, Inc. (US)
• Labquip NDT (US)
• Cygnus Instruments Ltd. (UK)
• FPrimeC Solutions Inc. (Canada)
• Carestream Health (US)
• Element Materials Technology (UK)

Engaged in the delivery of inspection, verification, testing, certification, and quality assurance services, SGS operates through various segments including Connectivity & Products (C&P), Health & Nutrition (H&N), Industries & Environment (I&E), Natural Resources (NR), and Knowledge (Kn). The Connectivity & Products segment covers electrical and electronic goods, soft lines, hardlines, and trade facilitation. The Health & Nutrition segment includes food, crop science, health science, and cosmetics & hygiene. Industries & Environment encompasses Field Services and Inspection, Technical Assessment and Advisory, Industrial and Public Health & Safety, Environmental Testing, and Public Mandates. The Natural Resources segment involves the trade and inspection of minerals, oil & gas, and agricultural commodities, along with Laboratory Testing, Metallurgy, and Consulting and Market Intelligence. The Knowledge segment includes Management System Certification, Customized Audits, Consulting, and Academy.

With a vast network comprising over 2,600 offices and laboratories worldwide, SGS extends its products and services across the Americas, Asia Pacific, Europe, and the Middle East & Africa. The company maintains various subsidiaries, including SGS United Kingdom Limited (UK), SGS North America Inc. (US), SGS Australia Pty Ltd (Australia), Vernolienne de Laboratories SA (France), and SGS Korea Co., Ltd.

Intertek Group plc

Intertek Group plc has been actively providing testing and certification services for several years, with a primary focus on ensuring the quality and safety of products, processes, and systems. As a trusted brand, the company assists its clients in gaining a competitive advantage while working to minimize the adverse impact of various products and processes on health and the environment. Intertek promotes the use of sustainable and eco-friendly products through its testing services, ensuring that clients' products meet the required standards in terms of quality, health, environment, safety, and social considerations.

Engaged in delivering testing, inspection, and certification services globally across various industry verticals, Intertek operates through three segments: Products, Trade, and Resources. The Products segment covers services related to building and construction, chemical and pharmaceutical, product assurance, food and health, and environmental and regulatory services. This segment focuses on ensuring the quality and safety of physical components and products, as well as assessing the operating processes and quality management systems of customers to minimize risks.

The Trade segment encompasses agriculture, government, and trade services, providing a broad range of testing, inspection, and certification services. These services include analytical assessment, inspection, and technical services, culminating in the issuance of certificates or reports.

The Resources segment delivers industry services and minerals or similar services across a range of total quality assurance solutions to the oil, gas, nuclear, power, and minerals industries. Intertek's services for the aerospace industry include auditing, inspection, scientific and regulatory consulting, testing, quality assurance, and certification. The company's inspection and testing services adhere to certified procedures and stringent methods for components, products, systems, and jet fuel.

With a global presence, Intertek Group plc operates in over 100 countries, including Finland, France, Germany, Italy, Russia, Switzerland, Poland, Spain, the UAE, China, Japan, South Korea, Vietnam, Thailand, Brazil, Argentina, the UK, Mexico, and others. Notable subsidiaries of the company include SAI Global (US), Alchemy Systems (US), Professional Service Industries, Inc. (US), and ITS Testing Services Limited (UK).

General Electric

General Electric (GE) stands as a prominent multinational conglomerate, operating globally as the largest multinational conglomerate and a global high-tech industrial entity with a focus on infrastructure and financial services. The company originated from the merger of Edison General Electric Company (US) and Thomson-Houston Electric Company (US). Its business operations are segmented into Power, Renewable Energy, Aviation, Healthcare, and Corporate.

General Electric is renowned for delivering innovative products, including sensor-based measurement tools, asset condition monitoring systems, controls, inspection technologies, advanced software, and radiation measurement solutions. One of its key subsidiaries, GE Inspection Technologies, specializes in non-destructive testing equipment, software, and inspection services. This subsidiary plays a pivotal role in evaluating material, component, and system properties critical for ensuring the quality and durability of engineering and manufacturing processes.

GE Inspection Technologies focuses on nondestructive testing (NDT) and nondestructive evaluation (NDE) methods, utilizing analysis techniques and measurement technologies to offer quantitative evaluations of material conditions, particularly concerning flaws and damage. Its core areas of focus include sensor development, deploying these sensors through delivery mechanisms, and employing data analytics to interpret sensor data.

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The company is committed to product and solution development for major business verticals such as Aerospace, healthcare, power, renewable energy and corporate. Additionally, it has a presence in sectors such as weapon manufacturing, locomotives, venture capital, and finance. GE's product portfolio spans power generation products (gas power, steam power), energy transmission products (HV/MV equipment, substation automation systems, LV/MV instrument transformers), distribution products, aviation engines, and components.

GE Inspection Technologies (GEIT) has undergone a name change and is now recognized as Waygate Technologies, a subsidiary of Baker Hughes. Positioned as the global leader in non-destructive testing (NDT), Waygate Technologies proudly provides an extensive array of industrial inspection solutions. This comprehensive portfolio encompasses radiography and computed tomography (CT), remote visual inspection, ultrasound, and eddy current technologies. These offerings are designed to uphold and enhance quality, safety, and productivity for our valued customers.

With a global footprint in over 180 countries, including key regions like Algeria, Egypt, Kenya, the Americas, Asia, and others, GE operates 162 manufacturing plants in the United States and Puerto Rico and an additional 297 manufacturing plants across 41 other countries. GE's diverse subsidiaries, such as GE Digital, GE Research, GE Power, GE Renewable Energy, GE Aviation, and GE Capital, contribute to its comprehensive presence in various industries

Applus+

Applus+ is a global provider of testing, inspection, and certification services, founded in 1996. With a diverse range of offerings, the company operates across multiple industries, including automotive, energy, environment, and infrastructure. Applus+ plays a crucial role in ensuring the quality, safety, and compliance of products and services through its comprehensive testing and inspection solutions. The company's services encompass areas such as non-destructive testing, quality assurance, environmental monitoring, and certification. With a commitment to innovation and technological advancement, Applus+ has established itself as a trusted partner for businesses worldwide, contributing to the efficiency, reliability, and sustainability of various sectors. The company has a global presence in more than 65 countries.

The company has four business segments including Energy & Industry, Auto, IDIADA, and Labs. Energy & Industry business segments include renewables, soil testing, energy efficiency, environmental monitoring, water infrastructure, safety audits, H&S training, road management, and telecom networks. Auto business segment includes emissions inspection and vehicle safety inspection. IDIADA includes transition to EV and hybrid vehicles, passive and active safety tests, homologation (regulatory tests), and road safety. Labs include EVs and battery testing fire, building product certifications, electrical safety, rolling stock, medical devices, cybersecurity and IOT, systems certification, and metrology.

Olympus Corporation

Olympus Corporation, originally established as Takachiho Seisakusho by Takeshi Yamashita, underwent a name change from Olympus Optical Co., Ltd. to Olympus Corporation in 2003. The company specializes in the manufacturing of optics and reprography products, operating across three key business divisions.

These business divisions include the endoscopic solutions business, therapeutic solutions business, and others. The endoscopic solutions business includes endoscopes, laparoscopes, and video imaging systems, as well as system integration solutions and medical services. The therapeutic solutions business includes an array of surgical energy devices and a wide range of instruments to help prevent, detect, and treat disease. Whereas other segments involve conducting research and development as well as exploratory initiatives for new businesses. Additionally, it encompasses activities related to the research, development, manufacturing, and sales of biomedical materials, including synthetic bone fillers and orthopedic equipment.

With a global presence in North America, Europe, Japan, China, Asia/ Oceania, and others. Olympus offers a range of Non-Destructive Testing (NDT) products and solutions through its Scientific Solutions segment. These include industrial scanners, flaw detectors, thickness gauges, video scopes, fiberscopes, and analyzers, primarily based on ultrasonic and Eddy current techniques. In April 2022, Olympus Corporation completed the separation of its Scientific Solutions business into a wholly owned subsidiary named Evident Corporation. This strategic move aligns with the company's long-term strategy to solidify its position as a significant player in the medical industry, following the divestiture of its Imaging business.

Olympus Corporation's subsidiaries include Olympus Australia Pty. Ltd., Olympus Imaging Australia Pty Ltd., Olympus Life and Material Science Europa GmbH (Germany), Olympus Terumo Biomaterials Corp. (Japan), Olympus Medical Systems India, and Olympus NDT Canada. The company faces competition from entities such as GE Inspection (US), MISTRAS Group (US), Nikon Metrology (US), and others.

Related Reports:

NDT and Inspection Market by Technique (Ultrasonic Testing, Visual, Magnetic Particle, Liquid Penetration, Eddy-Current, Radiographic, Acoustic Emission), Service, Method, Vertical, Application and Region - Global Forecast to 2029

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With the increasing focus on quality and compliance in the industrial manufacturing sectors, there has been a substantial hike in the demand for flaw detection related to cracks, porosity, manufacturing disorders, and so on. As a result, the innovation in robust non-destructive testing (NDT) technologies has been rather swift. Organizations all around the world are incorporating advanced NDT technologies to diagnose and optimize their critical equipment.

Take magnetic particle testing, for instance, which is helping organizations to identify imperfections in a material based on the disruptions in the flow of the magnetic field within the material. This method is being used for location of surface breaking and slight sub-surface defects such as cracking, pores, cold lap, and lack of sidewall fusion in welds in magnetic materials, to name a few.

Similarly, eddy current inspection method is being used for a variety of purposes including flaw detection, material and coating thickness measurements, material identification, and establishing the heat treatment condition of certain materials. The changes are shown on a screen and are interpreted to identify defects. Moreover, drones and crawling robots are also being used for corrosion inspection of the above-ground storage tanks (ASTs) and different off-shore locations where it is nearly impossible for any human intervention.

At this juncture, many NDT companies are entering the domain with advanced and integrated offerings. To help the manufacturing sector strengthen its operational capabilities and simultaneously enable growth in the industry, Manufacturing Outlook has compiled a list of the top non-destructive testing companies. The list comprises prominent organizations in the industry that address issues pertinent to the manufacturing sector by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs and CXOs.

We present to you Manufacturing Outlook’s “Top 10 Non-Destructive Testing Companies – 2021.”

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