Nondestructive Test Equipment - Global Strategic Business Report

Nondestructive Test Equipment - Global Strategic Business Report

Global Industry Analysts, Date of Publication: Jan 28, 2015, 378 Pages
US$4,950.00
GIA-MCP1734

This report analyzes the worldwide markets for Nondestructive Test Equipment in US$ Million by the following product categories: Radiography, Ultrasonic Inspection, Visual Inspection, and Other NDT Equipment. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2013 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 131 companies including many key and niche players such as -

Acoustic Emission Consulting, Inc.
Bosello HighTechnology SRL
Centurion NDT, Inc.
Fischer Technology, Inc.
FLIR Systems, Inc.

TABLE OF CONTENTS

 I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
      Study Reliability and Reporting Limitations                       I-1
      Disclaimers                                                       I-2
      Data Interpretation & Reporting Level                             I-2
       Quantitative Techniques & Analytics                              I-3
      Product Definitions and Scope of Study                            I-3


 II. EXECUTIVE SUMMARY

  1. OUTLOOK                                                            II-1
      NDT Equipment Market - A Prelude                                  II-1
      Impact of the 2007-2009 Recession in Retrospect                   II-2
      Market Stages a Recovery in 2010                                  II-3
      Current & Future Outlook                                          II-3
       Major Growth Drivers                                             II-4
       Major Challenges                                                 II-4

  2. INDUSTRY OVERVIEW                                                  II-5
      Developing Countries to Spur Growth of NDT Market                 II-5
       Infrastructure Development in Developing Countries Increases
        Demand for Quality Inspection                                   II-5
       Aging Infrastructure in Developed Countries Drive Demand for
        NDT Equipment                                                   II-5
      Government Regulations Propel NDT Equipment Demand                II-6
      Demand for NDT Equipment for Testing Composites on the Rise       II-6
      NDT Inspection Service Providers - A Boon or a Bane?              II-6
      Technological Advances Spur Automated NDT Equipment Growth        II-7
       Automated NDT Equipment Sustains High Demand                     II-7
      Miniaturization - The Current Trend                               II-7
      Competitive Scenario                                              II-8
       Increasing Competition Triggers Consolidation                    II-8
       Quality and Customer Service - A Key Target for NDT Vendors      II-8
       Key Market Share Statistics                                      II-9
        Table 1: Leading Players in the Global Ultrasonic Inspection
        Equipment Market (2013): Percentage Breakdown of Value Sales
        by Company (includes corresponding Graph/Chart)                 II-9

        Table 2: Leading Players in the Global Industrial
        Radiography Equipment Market (2013): Percentage Breakdown of
        Value Sales by Company (includes corresponding Graph/Chart)     II-9

        Table 3: Leading Players in the Global Surface Inspection
        Equipment Market (2013): Percentage Breakdown of Value Sales
        by Company (includes corresponding Graph/Chart)                 II-9

        Table 4: Leading Players in the Global Visual Inspection
        Equipment Market (2013): Percentage Breakdown of Value Sales
        by Company (includes corresponding Graph/Chart)                 II-10

        Table 5: Leading Players in the Global Eddy Current Testing
        Equipment Market (2013): Percentage Breakdown of Value Sales
        by Company (includes corresponding Graph/Chart)                 II-10
      Key Issues & Challenges                                           II-10
       High-Upfront Costs                                               II-10
       Shortage of Qualified Technicians - A Major Challenge for NDT
        Vendors                                                         II-11
       Lack of Awareness Leads to Slower Adoption of New Technologies   II-11
       Pollution and Operator Safety Concerns Impede Growth             II-11
       Lack of Advanced Technologies in Training Institutes             II-11

  3. KEY MARKET TRENDS & GROWTH DRIVERS                                 II-12
      Improvement in Global GDP Performance Bodes Well for the Market   II-12
       Table 6: World Real GDP Growth Rates in % (2012 through
       2015F): Breakdown by Country (includes corresponding
       Graph/Chart)                                                     II-14

       Table 7: World GDP (2013): Percentage Share Breakdown of
       Nominal GDP Value by Country (includes corresponding
       Graph/Chart)                                                     II-15
      Steady Acceleration in Global PMI Benefits Market Growth          II-15
       Table 8: Global Purchasing Managers Index (PMI): Breakdown of
       Monthly PMI Data by Country for the Year 2013 (includes
       corresponding Graph/Chart)                                       II-16
      Power Generation Sector - The Traditional Revenue Contributor     II-16
       Expansion & Maintenance of Traditional Fossil Fuel Plants to
        Drive Demand for NDT Equipment                                  II-17
       Continued Investments in Nuclear Power Plants to Boost Market
        Prospects                                                       II-17
        Opportunity Indicators:                                         II-19
         Table 9: World Market for Nuclear Power Generation (2013):
         Breakdown of Power Generation in terawatt-hours (TW(e)·h)
         by Region/Country (includes corresponding Graph/Chart)         II-19

         Table 10: World Market for Nuclear Power Reactors: Net
         Electrical Capacity by Leading Country (as of Year-End
         2013) (includes corresponding Graph/Chart)                     II-20

         Table 11: Number of Reactors in Operation by Region (as of
         Year-End 2013) (includes corresponding Graph/Chart)            II-20
       Growing Focus on Solar & Wind Power Augurs Well for NDT
        Equipment Market                                                II-21
        Opportunity Indicators                                          II-23
         Table 12: World Installed Capacity of Wind Energy (In
         Megawatts) by Geographic Region/ Country for Years 2013 &
         2017 (includes corresponding Graph/Chart)                      II-23

         Table 13: World Solar Panels Market (2011 & 2017):
         Breakdown of Annual Dollar Sales in US$ Million by
         Region/Country (includes corresponding Graph/Chart)            II-23
       Increasing Natural Gas Production Spurs Demand for NDT Equipment II-23
        Healthy Outlook for Oil & Gas Bodes Well for NDT Equipment      II-24
        Shale Gas Exploration and Production Drive Demand for NDT
         Equipment                                                      II-25
        Discovery of Shale Gas Promises Bright Prospects for NDT
         Equipment                                                      II-25
      Growing Preference of NDT Equipment in Marine Industry            II-25
      Healthy Outlook for the World Commercial Aviation Industry
       Drives Demand for NDT Products & Services                        II-26
       Table 14: Global Airline Industry (2014E): Breakdown of
       Average Net Profits by Geographic Region (includes
       corresponding Graph/Chart)                                       II-26
       Defense Aerospace Presents Steady Growth Prospects               II-27
      Automotive Sector - Opportunities Rife in OEM and Aftermarket
       Segments                                                         II-27
       Table 15: Global Production of Commercial Vehicles &
       Passenger Cars for Years 2012, 2015 & 2017 by Geographic
       Region (In 000 Units) (includes corresponding Graph/Chart)       II-28
       Booming Tire Retreading Business - A Major Opportunity           II-29
      Strong Growth in Primary Metals & Foundry in Developing
       Countries: A Key Growth Driver                                   II-29

  4. NDT SERVICES MARKET - A REVIEW                                     II-31
      NDT Equipment Demands High-Quality Services                       II-31
      Developing Markets Driving the Growth of NDT Services             II-31
      Price Sensitivity and Lack of Safety Regulations - A Challenge    II-31
      Evolving Applications of NDT Inspection: A Positive Trend         II-31
       Reported Incidences of Infrastructure Collapses in Recent Past   II-32
      Other Growth Drivers of NDT Inspection Services                   II-32

  5. REVIEW OF SELECT PRODUCT TRENDS                                    II-33
      Ultrasonic Inspection                                             II-33
       Distribution                                                     II-33
        Table 16: World Ultrasonic Inspection Equipment Market by
        End-Use Sector (2013) - Percentage Breakdown of Dollar Sales
        for Automotive, Military/Aerospace & Defense, Oil & Gas,
        Power Generation, Primary Metals and Foundry, and Others
        (includes corresponding Graph/Chart)                            II-34
      Radiography                                                       II-34
       Distribution                                                     II-35
        Table 17: World Radiography Equipment Market by End-Use
        Sector (2013) - Percentage Breakdown of Dollar Sales for
        Automotive, Military/Aerospace & Defense, Oil & Gas, Power
        Generation, Primary Metals and Foundry, and Others (includes
        corresponding Graph/Chart)                                      II-35
       Ultrasonic Testing Vs Radiographic Testing: The Battle Continues II-35
        PAU Inspection Technology: A Promising Technology and a
         Potential Growth Driver                                        II-36
        Ultrasonic Inspection Equipment Tend Towards Digitization       II-37
        Development of Remote Radiography Systems on the Rise           II-37
        Growth for Portable Radiography Inspection Systems Remains High II-37
        Software Modules Take the Center Stage for Radiography
         Inspection                                                     II-37
      Surface Inspection                                                II-37
       Safety and Quality Concerns Continue to Influence Surface
        Inspection Market                                               II-38
       Distribution                                                     II-38
        Table 18: World Surface Inspection Equipment by End-Use
        Sector (2013) - Percentage Breakdown of Dollar Sales for
        Automotive, Military/Aerospace & Defense, Oil & Gas, Power
        Generation, Primary Metals and Foundry, and Others (includes
        corresponding Graph/Chart)                                      II-38
      Visual Inspection                                                 II-38
       Visual Inspection Vendors Focus on New Application Areas         II-39
       Remote Visual Inspection - Fast Gaining Prominence               II-39
       Distribution                                                     II-39
        Table 19: World Visual Inspection Equipment by End-Use
        Sector (2013) - Percentage Breakdown of Dollar Sales for
        Automotive, Military/Aerospace & Defense, Oil & Gas, Power
        Generation, Primary Metals and Foundry, and Others (includes
        corresponding Graph/Chart)                                      II-40
      Eddy Current Testing                                              II-40
       Persistent Demand for Specialized Tubes and Pipes Propel Eddy
        Current Market                                                  II-41
       Trend towards ‘In-Process’ Inspection Drives Demand for Eddy
        Current                                                         II-41
        Table 20: World Eddy Current Testing Equipment by End-Use
        Sector (2013) - Percentage Breakdown of Dollar Sales for
        Automotive, Military/Aerospace & Defense, Oil & Gas, Power
        Generation, Primary Metals and Foundry, and Others (includes
        corresponding Graph/Chart)                                      II-42
       Mixed Fortunes for Magnetic Particle Inspection                  II-42

  6. PRODUCT OVERVIEW                                                   II-43
      Defining Nondestructive Testing                                   II-43
      Why NDT is Required?                                              II-44
      Reasons to Use Nondestructive Testing                             II-44
       Key Events in Industrial NDT (1895-1950)                         II-45
      Where NDT is Used?                                                II-45
       Structural Mechanics                                             II-45
       Weld Verification                                                II-45
        Application Areas of NDT Techniques                             II-46
      Classification of NDT Methods                                     II-47
       Classification of NDT Methods                                    II-47
      Methods of Nondestructive Testing                                 II-47
       Categories of NDT Methods                                        II-47
       Objectives of NDT Methods                                        II-49
      Brief Description of Select NDT Methods                           II-50
       Eddy Current Testing (ECT)                                       II-50
        Applications                                                    II-51
         Advantages and Disadvantages of Eddy Current Testing (ECT)     II-51
        ECT Equipment                                                   II-51
        Research and Development                                        II-52
        Photoinductive Imaging (PI)                                     II-52
        Pulsed Eddy Current (PEC) Testing                               II-52
        Eddy Current Crack Testing                                      II-52
        Eddy Current Heat Treat Testing                                 II-52
       Radiography                                                      II-53
        Historical Overview of Radiography                              II-53
         Advantages and Disadvantages of Radiography                    II-54
        Evolution of Alternative and Natural Radiography                II-54
        Contemporary Radiography                                        II-55
        Radiography Techniques                                          II-55
        Computed Radiography                                            II-55
        Digital Radiography                                             II-56
        Computed Tomography                                             II-56
         Advantages                                                     II-56
         Disadvantages                                                  II-56
        Neutron Radiographic Testing                                    II-56
        Radiographic/Infrared (IR) Nondestructive Testing               II-57
        Thermographic Inspection                                        II-57
        High Energy Radiography                                         II-57
       Surface Inspection                                               II-57
        Penetrant Testing Systems                                       II-58
        Dye Penetrant Testing                                           II-58
        Liquid Penetrating Inspection (LPI)                             II-58
         Historical Overview                                            II-58
        Magnetic Particle Inspection (MPI)                              II-59
         Advantages and Disadvantages of MPI                            II-59
         Various Types of Equipment for MPI                             II-60
         Applications                                                   II-60
         Limitations of MPI                                             II-60
       Ultrasonic Inspection                                            II-60
        Advantages and Disadvantages of Ultrasonic Inspection           II-61
        Classification of Ultrasonic Inspection Equipment               II-61
         Thickness Gauges                                               II-61
         Portable Flaw Detectors                                        II-61
         Mechanized Systems                                             II-61
        Historical Development of Ultrasonics                           II-62
        Types of Ultrasonic Inspection Techniques                       II-62
         Acoustic-Emission Technique                                    II-62
         Electromagnetic Acoustic Transducers (EMAT)                    II-62
         Guided Wave Ultrasonic Testing (GWUT)                          II-63
         Phased Array Ultrasonics                                       II-63
         Time of Flight Diffraction Ultrasonics (TOFD)                  II-63
         Internal Rotary Inspection System                              II-63
       Visual Inspection                                                II-64
        Ellipsometry                                                    II-64
        Pipeline Video Inspection                                       II-64
        Remote visual inspection                                        II-65
        Automated Optical Inspection                                    II-65
        Major Visual Inspection Equipment                               II-65
       Electromagnetic Testing                                          II-65
        Alternating Current Field Measurement (ACFM)                    II-66
        Remote Field Testing (RFT)                                      II-66
        Magnetic Flux Leakage Test                                      II-66
       Leak Testing                                                     II-66
        Absolute Pressure Leak Testing                                  II-67
        Bubble Leak Testing                                             II-67
        Halogen Leak Testing                                            II-67
        Mass Spectrometer Leak Testing                                  II-67
       Laser Testing                                                    II-68
        Holographic Interferometry                                      II-68
        Laser Profilometry                                              II-68
        Shearography                                                    II-68
      Applications of NDT                                               II-68
       Application of NDT Technique in Commercial Aircraft              II-69

  7. PRODUCT INTRODUCTIONS/INNOVATIONS                                  II-70
      Olympus Launches BondMaster 600 Multimode Bond Tester             II-70
      Eddyfi Unveils Ectane® 2                                          II-70
      GE Measurement & Control Introduces Handheld VideoProbe™          II-70
      Olympus Unveils New Ultrasound Phased Array Wheel Probe,
       RollerFORM™                                                      II-70
      Tritex NDT Rolls Out Multigauge 5700 Datalogger Gauge             II-70
      GE Measurement & Control Launches New X-ray Film Exposure
       Calculator App                                                   II-70
      GE Measurement & Control Introduces New CR Scanner for Weld
       Inspections                                                      II-70
      Olympus Launches Portable Eddy Current Flaw Detectors -
       NORTEC® 600 Series                                               II-71
      GE Measurement & Control Unveils New Ultrasonic Phased Array
       Straight Beam Probe                                              II-71
      GE Measurement & Control Launches GE Mentor EMII-70Olympus
       Rolls Out New Industrial Videoscopes - IPLEX RX and IPLEX RT     II-71
      Olympus Launches Novel Software and Solutions for Bond Testing
       and Eddy Current Array Modules                                   II-71
      Eddyfi Launches New Standard ECA Probes                           II-71
      Sepha Unveils New Non-Destructive, Multi-Bottle Integrity Tester  II-71
      Fujifilm Introduces FCR DYNAMIX SYSTEM                            II-72
      Bruker Launches SkyScan 1272 X-Ray Micro-CT System                II-72
      Olympus NDT Unveils New Handheld X-ray Fluorescence Analyzer      II-72
      Sonatest Unveils Prisma Ultrasonic Flaw Detector                  II-72
      GE Launches x|pipe BT in India                                    II-72

  8. RECENT INDUSTRY ACTIVITY                                           II-73
      Nova Takes Over Technology Design Limited                         II-73
      Versa Integrity Takes Over Southern Inspection Services           II-73
      Bolttech Mannings Acquires AM Inspection                          II-73
      Nova Instruments Takes Over Phoenix Inspection Systems            II-73
      Intertek Takes Over International Inspection Services             II-73
      Olympus Takes Over Mecnov                                         II-73
      Tecnatom Inks Collaboration Agreement with Marietta               II-73
      GE and Thermo Fisher Team Up for Material Identification
       Solutions                                                        II-74
      GE Establishes Inspection Technologies Customer Solutions
       Center in the US                                                 II-74
      Testia Establishes New NDT Services and Training Company,
       TESTIAGmbH                                                       II-74
      NDT Solutions and PRAGMA Ink Long-Term Distribution and
       Marketing Agreement                                              II-74
      Danatronics and NDT Solutions Ink Distribution and Marketing
       Agreement                                                        II-74
      Intertek Takes Over Global X-Ray & Testing                        II-74
      Bureau Veritas Acquires Sievert Group                             II-75
      Pine Environmental Services Acquires Ashtead’s North American
       Instrument Business                                              II-75
      NASA Inks Agreement with PaR Systems                              II-75

  9. FOCUS ON SELECT PLAYERS                                            II-76
      Acoustic Emission Consulting, Inc. (US)                           II-76
      Bosello HighTechnology SRL (Italy)                                II-76
      Centurion NDT, Inc. (US)                                          II-76
      Fischer Technology, Inc. (US)                                     II-76
      FLIR Systems, Inc. (US)                                           II-77
       Extech Instruments Corp. (US)                                    II-77
      Fujifilm Corporation (Japan)                                      II-78
      GE Measurement & Control (US)                                     II-78
       Everest VIT Inc. (US)                                            II-79
      Gould-Bass Company, Inc. (US)                                     II-79
      Hamamatsu Photonics K.K. (Japan)                                  II-79
      Insight NDT Equipment Ltd. (UK)                                   II-80
      ibg NDT Systems Corporation (US)                                  II-80
      INSTITUT DR. FOERSTER GMBH & CO. KG (Germany)                     II-80
      KARL DEUTSCH Pruef- und Messgeraetebau GmbH + Co KG (Germany)     II-81
      KARL STORZ GmbH & Co. KG (Germany)                                II-81
      Magnetic Analysis Corporation (US)                                II-81
      MISTRAS Group, Inc. (US)                                          II-82
      NDT Systems, Inc. (US)                                            II-82
      NDTS India (P) Limited (India)                                    II-82
      NIKON CORPORATION (Japan)                                         II-83
      Olympus Corporation (US)                                          II-83
      Sonatest Ltd. (UK)                                                II-84
      SONOTRON NDT (Israel)                                             II-84
      Wesdyne NDE Products Group (US)                                   II-84
      YXLON International Inc. (US)                                     II-85
      Zetec Inc. (US)                                                   II-85

  10. GLOBAL MARKET PERSPECTIVE                                         II-86
      Table 21: World Recent Past, Current & Future Analysis for
      Nondestructive Test Equipment by Geographic Region/Country -
      US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      Latin America and Rest of World Markets Independently Analyzed
      with Annual Sales Figures in US$ Million for Years 2013
      through 2020 (includes corresponding Graph/Chart)                 II-86

      Table 22: World Historic Review for Nondestructive Test
      Equipment by Geographic Region/Country - US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Latin America and Rest
      of World Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2006 through 2012 (includes
      corresponding Graph/Chart)                                        II-87

      Table 23: World 15-Year Perspective for Nondestructive Test
      Equipment by Geographic Region/Country - Percentage Breakdown
      of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets for
      Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)      II-88
      Analysis by Product Segment                                       II-89
      Table 24: World Recent Past, Current & Future Analysis for
      Radiography Equipment by Geographic Region/Country - US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
      America and Rest of World Markets Independently Analyzed with
      Annual Sales Figures in US$ Million for Years 2013 through
      2020 (includes corresponding Graph/Chart)                         II-89

      Table 25: World Historic Review for Radiography Equipment by
      Geographic Region/ Country - US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Latin America and Rest of
      World Markets Independently Analyzed with Annual Sales Figures
      in US$ Million for Years 2006 through 2012 (includes
      corresponding Graph/Chart)                                        II-90

      Table 26: World 15-Year Perspective for Radiography Equipment
      by Geographic Region/Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Latin America and Rest of World Markets for Years
      2006, 2014 & 2020 (includes corresponding Graph/Chart)            II-91

      Table 27: World Recent Past, Current & Future Analysis for
      Ultrasonic Inspection Equipment by Geographic Region/Country -
      US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      Latin America and Rest of World Markets Independently Analyzed
      with Annual Sales Figures in US$ Million for Years 2013
      through 2020 (includes corresponding Graph/Chart)                 II-92

      Table 28: World Historic Review for Ultrasonic Inspection
      Equipment by Geographic Region/Country - US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Latin America and Rest
      of World Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2006 through 2012 (includes
      corresponding Graph/Chart)                                        II-93

      Table 29: World 15-Year Perspective for Ultrasonic Inspection
      Equipment by Geographic Region/Country - Percentage Breakdown
      of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets for
      Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)      II-94

      Table 30: World Recent Past, Current & Future Analysis for
      Visual Inspection Equipment by Geographic Region/Country - US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
      America and Rest of World Markets Independently Analyzed with
      Annual Sales Figures in US$ Million for Years 2013 through
      2020 (includes corresponding Graph/Chart)                         II-95

      Table 31: World Historic Review for Visual Inspection
      Equipment by Geographic Region/Country - US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Latin America and Rest
      of World Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2006 through 2012 (includes
      corresponding Graph/Chart)                                        II-96

      Table 32: World 15-Year Perspective for Visual Inspection
      Equipment by Geographic Region/Country - Percentage Breakdown
      of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets for
      Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)      II-97

      Table 33: World Recent Past, Current & Future Analysis for
      Other Nondestructive Test Equipment by Geographic
      Region/Country - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2013 through 2020 (includes corresponding
      Graph/Chart)                                                      II-98

      Table 34: World Historic Review for Other Nondestructive Test
      Equipment by Geographic Region/Country - US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Latin America and Rest
      of World Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2006 through 2012 (includes
      corresponding Graph/Chart)                                        II-99

      Table 35: World 15-Year Perspective for Other Nondestructive
      Test Equipment by Geographic Region/Country - Percentage
      Breakdown of Dollar Sales for US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Latin America and Rest of
      World Markets for Years 2006, 2014 & 2020 (includes
      corresponding Graph/Chart)                                        II-100
      Analysis by End-Use Sector                                        II-101
      Table 36: World Recent Past, Current & Future Analysis for
      Nondestructive Test Equipment by End-Use Sector - Automotive,
      Military/Aerospace & Defense, Power Generation, Primary Metals &
      Foundry, Oil & Gas and Others Markets Independently Analyzed
      with Annual Sales Figures in US$ Million for Years 2013
      through 2020 (includes corresponding Graph/Chart)                 II-101

      Table 37: World Historic Review for Nondestructive Test
      Equipment by End-Use Sector - Automotive, Military/Aerospace &
      Defense, Power Generation, Primary Metals & Foundry, Oil & Gas
      and Others Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2006 through 2012 (includes
      corresponding Graph/Chart)                                        II-102

      Table 38: World 15-Year Perspective for Nondestructive Test
      Equipment by End-Use Sector - Percentage Breakdown of Dollar
      Sales for Automotive, Military/Aerospace & Defense, Power
      Generation, Primary Metals & Foundry, Oil & Gas and Others
      Markets for Years 2006, 2014 & 2020 (includes corresponding
      Graph/Chart)                                                      II-103


 III. MARKET

  1. THE UNITED STATES                                                  III-1
      A.Market Analysis                                                 III-1
        Outlook                                                         III-1
        Market Over the Years                                           III-1
        Improving Commercial Aviation Sector to Boost Demand Prospects  III-2
        US - A Major Market for Surface Inspection Market               III-2
        Product Launches                                                III-2
        Strategic Corporate Developments                                III-3
        Select Players                                                  III-4
      B.Market Analytics                                                III-11
        Table 39: US Recent Past, Current & Future Analysis for
        Nondestructive Test Equipment by Technology - Radiography,
        Ultrasonic Inspection, Visual Inspection and Other
        Nondestructive Test Equipment Markets Independently Analyzed
        with Annual Sales Figures in US$ Thousand for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-11

        Table 40: US Historic Review for Nondestructive Test
        Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-12

        Table 41: US 15-Year Perspective for Nondestructive Test
        Equipment by Technology - Percentage Breakdown of Dollar
        Sales for Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)                                                    III-13

  2. CANADA                                                             III-14
      A.Market Analysis                                                 III-14
        Outlook                                                         III-14
        Product Launches                                                III-14
        Strategic Corporate Developments                                III-14
      B.Market Analytics                                                III-15
        Table 42: Canadian Recent Past, Current & Future Analysis
        for Nondestructive Test Equipment by Technology -
        Radiography, Ultrasonic Inspection, Visual Inspection and
        Other Nondestructive Test Equipment Markets Independently
        Analyzed with Annual Sales Figures in US$ Thousand for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-15

        Table 43: Canadian Historic Review for Nondestructive Test
        Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-16

        Table 44: Canadian 15-Year Perspective for Nondestructive
        Test Equipment by Technology - Percentage Breakdown of
        Dollar Sales for Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)                                                    III-17

  3. JAPAN                                                              III-18
      A.Market Analysis                                                 III-18
        Outlook                                                         III-18
        Product Launches                                                III-18
        Select Players                                                  III-18
      B.Market Analytics                                                III-20
        Table 45: Japanese Recent Past, Current & Future Analysis
        for Nondestructive Test Equipment by Technology -
        Radiography, Ultrasonic Inspection, Visual Inspection and
        Other Nondestructive Test Equipment Markets Independently
        Analyzed with Annual Sales Figures in US$ Thousand for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-20

        Table 46: Japanese Historic Review for Nondestructive Test
        Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-21

        Table 47: Japanese 15-Year Perspective for Nondestructive
        Test Equipment by Technology - Percentage Breakdown of
        Dollar Sales for Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)                                                    III-22

  4. EUROPE                                                             III-23
      A.Market Analysis                                                 III-23
        Outlook                                                         III-23
        Eurozone Pictures a Cautious, Yet Optimistic Outlook            III-23
         Table 48: M-o-M Business Climate Indicator in the Eurozone
         Area for the Years 2013 & 2014 (includes corresponding
         Graph/Chart)                                                   III-24
        European Aerospace Industry - A Key Market for NDT Products
         and Services                                                   III-24
        Non-Technical Factors Influencing the European NDT Market       III-25
        An Overview of Surface Inspection Market in Europe              III-26
        Strategic Corporate Development                                 III-26
      B.Market Analytics                                                III-27
        Table 49: European Recent Past, Current & Future Analysis
        for Nondestructive Test Equipment by Geographic
        Region/Country - France, Germany, Italy, UK, Spain, Russia
        and Rest of Europe Markets Independently Analyzed with
        Annual Sales Figures in US$ Thousand for Years 2013 through
        2020 (includes corresponding Graph/Chart)                       III-27

        Table 50: European Historic Perspective for Nondestructive
        Test Equipment by Geographic Region/Country - France,
        Germany, Italy, UK, Spain, Russia and Rest of Europe Markets
        Independently Analyzed with Annual Sales Figures in US$
        Thousand for Years 2006 through 2012 (includes corresponding
        Graph/Chart)                                                    III-28

        Table 51: European 15-Year Perspective for Nondestructive
        Test Equipment by Geographic Region/Country - Percentage
        Breakdown of Dollar Sales for France, Germany, Italy, UK,
        Spain, Russia and Rest of Europe Markets for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-29

        Table 52: European Recent Past, Current & Future Analysis
        for Nondestructive Test Equipment by Technology -
        Radiography, Ultrasonic Inspection, Visual Inspection and
        Other Nondestructive Test Equipment Markets Independently
        Analyzed with Annual Sales Figures in US$ Thousand for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-30

        Table 53: European Historic Review for Nondestructive Test
        Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        in US$ Thousand for Years 2006 through 2012 (includes
        corresponding Graph/Chart)                                      III-31

        Table 54: European 15-Year Perspective for Nondestructive
        Test Equipment by Technology - Percentage Breakdown of
        Dollar Sales for Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)                                                    III-32

  4a. FRANCE                                                            III-33
       Market Analysis                                                  III-33
        Table 55: French Recent Past, Current & Future Analysis for
        Nondestructive Test Equipment by Technology - Radiography,
        Ultrasonic Inspection, Visual Inspection and Other
        Nondestructive Test Equipment Markets Independently Analyzed
        with Annual Sales Figures in US$ Thousand for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-33

        Table 56: French Historic Review for Nondestructive Test
        Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-34

        Table 57: French 15-Year Perspective for Nondestructive Test
        Equipment by Technology - Percentage Breakdown of Dollar
        Sales for Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)                                                    III-35

  4b. GERMANY                                                           III-36
      A.Market Analysis                                                 III-36
        Outlook                                                         III-36
        Select Players                                                  III-36
      B.Market Analytics                                                III-37
        Table 58: German Recent Past, Current & Future Analysis for
        Nondestructive Test Equipment by Technology - Radiography,
        Ultrasonic Inspection, Visual Inspection and Other
        Nondestructive Test Equipment Markets Independently Analyzed
        with Annual Sales Figures in US$ Thousand for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-37

        Table 59: German Historic Review for Nondestructive Test
        Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-38

        Table 60: German 15-Year Perspective for Nondestructive Test
        Equipment by Technology - Percentage Breakdown of Dollar
        Sales for Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)                                                    III-39

  4c. ITALY                                                             III-40
      A.Market Analysis                                                 III-40
        Outlook                                                         III-40
        Select Player                                                   III-40
      B.Market Analytics                                                III-41
        Table 61: Italian Recent Past, Current & Future Analysis for
        Nondestructive Test Equipment by Technology - Radiography,
        Ultrasonic Inspection, Visual Inspection and Other
        Nondestructive Test Equipment Markets Independently Analyzed
        with Annual Sales Figures in US$ Thousand for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-41

        Table 62: Italian Historic Review for Nondestructive Test
        Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-42

        Table 63: Italian 15-Year Perspective for Nondestructive
        Test Equipment by Technology - Percentage Breakdown of
        Dollar Sales for Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)                                                    III-43

  4d. THE UNITED KINGDOM                                                III-44
      A.Market Analysis                                                 III-44
        Outlook                                                         III-44
        Aerospace & Defense Industry - A Key Market                     III-44
        Product Launches                                                III-44
        Strategic Corporate Developments                                III-45
        Select Players                                                  III-45
      B.Market Analytics                                                III-47
        Table 64: UK Recent Past, Current & Future Analysis for
        Nondestructive Test Equipment by Technology - Radiography,
        Ultrasonic Inspection, Visual Inspection and Other
        Nondestructive Test Equipment Markets Independently Analyzed
        with Annual Sales Figures in US$ Thousand for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-47

        Table 65: UK Historic Review for Nondestructive Test
        Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-48

        Table 66: UK 15-Year Perspective for Nondestructive Test
        Equipment by Technology - Percentage Breakdown of Dollar
        Sales for Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)                                                    III-49

  4e. SPAIN                                                             III-50
      A.Market Analysis                                                 III-50
        Outlook                                                         III-50
        Strategic Corporate Development                                 III-50
      B.Market Analytics                                                III-51
        Table 67: Spanish Recent Past, Current & Future Analysis for
        Nondestructive Test Equipment by Technology - Radiography,
        Ultrasonic Inspection, Visual Inspection and Other
        Nondestructive Test Equipment Markets Independently Analyzed
        with Annual Sales Figures in US$ Thousand for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-51

        Table 68: Spanish Historic Review for Nondestructive Test
        Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-52

        Table 69: Spanish 15-Year Perspective for Nondestructive
        Test Equipment by Technology - Percentage Breakdown of
        Dollar Sales for Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)                                                    III-53

  4f. RUSSIA                                                            III-54
      A.Market Analysis                                                 III-54
        Outlook                                                         III-54
        Flourishing Aerospace and Defense Industry Offers Lucrative
         Opportunities                                                  III-54
        Encouraging Demand for Commercial Aircraft Boosts Prospects
         for NDT Products & Services                                    III-54
      B.Market Analytics                                                III-55
        Table 70: Russian Recent Past, Current & Future Analysis for
        Nondestructive Test Equipment by Technology - Radiography,
        Ultrasonic Inspection, Visual Inspection and Other
        Nondestructive Test Equipment Markets Independently Analyzed
        with Annual Sales Figures in US$ Thousand for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-55

        Table 71: Russian Historic Review for Nondestructive Test
        Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-56

        Table 72: Russian 15-Year Perspective for Nondestructive
        Test Equipment by Technology - Percentage Breakdown of
        Dollar Sales for Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)                                                    III-57

  4g. REST OF EUROPE                                                    III-58
      A.Market Analysis                                                 III-58
        Outlook                                                         III-58
        Product Launches                                                III-58
      B.Market Analytics                                                III-59
        Table 73: Rest of Europe Recent Past, Current & Future
        Analysis for Nondestructive Test Equipment by Technology -
        Radiography, Ultrasonic Inspection, Visual Inspection and
        Other Nondestructive Test Equipment Markets Independently
        Analyzed with Annual Sales Figures in US$ Thousand for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-59

        Table 74: Rest of Europe Historic Review for Nondestructive
        Test Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-60

        Table 75: Rest of Europe 15-Year Perspective for
        Nondestructive Test Equipment by Technology - Percentage
        Breakdown of Dollar Sales for Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart)                                      III-61

  5. ASIA-PACIFIC                                                       III-62
      A.Market Analysis                                                 III-62
        Outlook                                                         III-62
        Booming Commercial Aviation Sector Offers Plenty of
         Opportunities for NDT Industry                                 III-62
        Power Generation & Petrochemical Refining Sectors - Key
         Emerging Markets                                               III-62
        Surface Inspection Market Witnessing Significant Demand         III-63
      B.Market Analytics                                                III-63
        Table 76: Asia-Pacific Recent Past, Current & Future
        Analysis for Nondestructive Test Equipment by Geographic
        Region/Country - China, India and Rest of Asia-Pacific
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Thousand for Years 2013 through 2020 (includes
        corresponding Graph/Chart)                                      III-63

        Table 77: Asia-Pacific Historic Perspective for
        Nondestructive Test Equipment by Geographic Region/Country -
        China, India and Rest of Asia-Pacific Markets Independently
        Analyzed with Annual Sales Figures in US$ Thousand for Years
        2006 through 2012 (includes corresponding Graph/Chart)          III-64

        Table 78: Asia-Pacific 15-Year Perspective for
        Nondestructive Test Equipment by Region - Percentage
        Breakdown of Dollar Sales for China, India and Rest of
        Asia-Pacific Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart)                                      III-65

        Table 79: Asia-Pacific Recent Past, Current & Future
        Analysis for Nondestructive Test Equipment by Technology -
        Radiography, Ultrasonic Inspection, Visual Inspection and
        Other Nondestructive Test Equipment Markets Independently
        Analyzed with Annual Sales Figures in US$ Thousand for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-66

        Table 80: Asia-Pacific Historic Review for Nondestructive
        Test Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-67

        Table 81: Asia-Pacific 15-Year Perspective for
        Nondestructive Test Equipment by Technology - Percentage
        Breakdown of Dollar Sales for Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart)                                      III-68

  5a. CHINA                                                             III-69
      A.Market Analysis                                                 III-69
        Outlook                                                         III-69
        An Insight into the Chinese NDT Market                          III-69
        NDT Developments, Capabilities and Research - A Brief           III-69
        Outlook for NDT Development in China                            III-70
      B.Market Analytics                                                III-71
        Table 82: Chinese Recent Past, Current & Future Analysis for
        Nondestructive Test Equipment by Technology - Radiography,
        Ultrasonic Inspection, Visual Inspection and Other
        Nondestructive Test Equipment Markets Independently Analyzed
        with Annual Sales Figures in US$ Thousand for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-71

        Table 83: Chinese Historic Review for Nondestructive Test
        Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-72

        Table 84: Chinese 15-Year Perspective for Nondestructive
        Test Equipment by Technology - Percentage Breakdown of
        Dollar Sales for Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)                                                    III-73

  5b. INDIA                                                             III-74
      A.Market Analysis                                                 III-74
        Outlook                                                         III-74
        Product Launch                                                  III-74
        Strategic Corporate Development                                 III-74
        Select Player                                                   III-74
      B.Market Analytics                                                III-75
        Table 85: Indian Recent Past, Current & Future Analysis for
        Nondestructive Test Equipment by Technology - Radiography,
        Ultrasonic Inspection, Visual Inspection and Other
        Nondestructive Test Equipment Markets Independently Analyzed
        with Annual Sales Figures in US$ Thousand for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-75

        Table 86: Indian Historic Review for Nondestructive Test
        Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-76

        Table 87: Indian 15-Year Perspective for Nondestructive Test
        Equipment by Technology - Percentage Breakdown of Dollar
        Sales for Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)                                                    III-77

  5c. REST OF ASIA-PACIFIC                                              III-78
       Market Analysis                                                  III-78
        Table 88: Rest of Asia-Pacific Recent Past, Current & Future
        Analysis for Nondestructive Test Equipment by Technology -
        Radiography, Ultrasonic Inspection, Visual Inspection and
        Other Nondestructive Test Equipment Markets Independently
        Analyzed with Annual Sales Figures in US$ Thousand for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-78

        Table 89: Rest of Asia-Pacific Historic Review for
        Nondestructive Test Equipment by Technology - Radiography,
        Ultrasonic Inspection, Visual Inspection and Other
        Nondestructive Test Equipment Markets Independently Analyzed
        with Annual Sales Figures in US$ Thousand for Years 2006
        through 2012 (includes corresponding Graph/Chart)               III-79

        Table 90: Rest of Asia-Pacific 15-Year Perspective for
        Nondestructive Test Equipment by Technology - Percentage
        Breakdown of Dollar Sales for Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart)                                      III-80

  6. LATIN AMERICA                                                      III-81
       Market Analysis                                                  III-81
        Table 91: Latin American Recent Past, Current & Future
        Analysis for Nondestructive Test Equipment by Geographic
        Region/Country - Brazil and Rest of Latin American Markets
        Independently Analyzed with Annual Sales Figures in US$
        Thousand for Years 2013 through 2020 (includes corresponding
        Graph/Chart)                                                    III-81

        Table 92: Latin American Historic Perspective for
        Nondestructive Test Equipment by Geographic Region/Country -
        Brazil and Rest of Latin American Markets Independently
        Analyzed with Annual Sales Figures in US$ Thousand for Years
        2006 through 2012 (includes corresponding Graph/Chart)          III-82

        Table 93: Latin American 15-Year Perspective for
        Nondestructive Test Equipment by Geographic Region/Country -
        Percentage Breakdown of Dollar Sales for Brazil and Rest of
        Latin American Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart)                                      III-83

        Table 94: Latin American Recent Past, Current & Future
        Analysis for Nondestructive Test Equipment by Technology -
        Radiography, Ultrasonic Inspection, Visual Inspection and
        Other Nondestructive Test Equipment Markets Independently
        Analyzed with Annual Sales Figures in US$ Thousand for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-84

        Table 95: Latin American Historic Review for Nondestructive
        Test Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-85

        Table 96: Latin American 15-Year Perspective for
        Nondestructive Test Equipment by Technology - Percentage
        Breakdown of Dollar Sales for Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart)                                      III-86

  6a. BRAZIL                                                            III-87
       Market Analysis                                                  III-87
        Table 97: Brazilian Recent Past, Current & Future Analysis
        for Nondestructive Test Equipment by Technology -
        Radiography, Ultrasonic Inspection, Visual Inspection and
        Other Nondestructive Test Equipment Markets Independently
        Analyzed with Annual Sales Figures in US$ Thousand for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-87

        Table 98: Brazilian Historic Review for Nondestructive Test
        Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-88

        Table 99: Brazilian 15-Year Perspective for Nondestructive
        Test Equipment by Technology - Percentage Breakdown of
        Dollar Sales for Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        for Years 2006, 2014 & 2020 (includes corresponding
        Graph/Chart)                                                    III-89

  6b. REST OF LATIN AMERICA                                             III-90
       Market Analysis                                                  III-90
        Table 100: Rest of Latin America Recent Past, Current &
        Future Analysis for Nondestructive Test Equipment by
        Technology - Radiography, Ultrasonic Inspection, Visual
        Inspection and Other Nondestructive Test Equipment Markets
        Independently Analyzed with Annual Sales Figures in US$
        Thousand for Years 2013 through 2020 (includes corresponding
        Graph/Chart)                                                    III-90

        Table 101: Rest of Latin America Historic Review for
        Nondestructive Test Equipment by Technology - Radiography,
        Ultrasonic Inspection, Visual Inspection and Other
        Nondestructive Test Equipment Markets Independently Analyzed
        with Annual Sales Figures in US$ Thousand for Years 2006
        through 2012 (includes corresponding Graph/Chart)               III-91

        Table 102: Rest of Latin America 15-Year Perspective for
        Nondestructive Test Equipment by Technology - Percentage
        Breakdown of Dollar Sales for Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart)                                      III-92

  7. REST OF WORLD                                                      III-93
      A.Market Analysis                                                 III-93
        Outlook                                                         III-93
        Shortage of NDT Personnel Drives Momentum in Favor of Services  III-93
        Middle East                                                     III-93
         NDT Equipment Market - An Overview                             III-93
        Strategic Corporate Development                                 III-93
        Select Player                                                   III-94
      B.Market Analytics                                                III-95
        Table 103: Rest of World Recent Past, Current & Future
        Analysis for Nondestructive Test Equipment by Technology -
        Radiography, Ultrasonic Inspection, Visual Inspection and
        Other Nondestructive Test Equipment Markets Independently
        Analyzed with Annual Sales Figures in US$ Thousand for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-95

        Table 104: Rest of World Historic Review for Nondestructive
        Test Equipment by Technology - Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets Independently Analyzed with Annual Sales
        Figures in US$ Thousand for Years 2006 through 2012
        (includes corresponding Graph/Chart)                            III-96

        Table 105: Rest of World 15-Year Perspective for
        Nondestructive Test Equipment by Technology - Percentage
        Breakdown of Dollar Sales for Radiography, Ultrasonic
        Inspection, Visual Inspection and Other Nondestructive Test
        Equipment Markets for Years 2006, 2014 & 2020 (includes
        corresponding Graph/Chart)                                      III-97


 IV. COMPETITIVE LANDSCAPE

     Total Companies Profiled: 131 (including Divisions/Subsidiaries - 153)

     The United States (59)
     Canada (5)
     Japan (7)
     Europe (66)
     - France (8)
     - Germany (19)
     - The United Kingdom (18)
     - Italy (4)
     - Spain (2)
     - Rest of Europe (15)
     Asia-Pacific (Excluding Japan) (14)
     Middle East (2)
Additional Information:
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Date of Publication:
Jan 28, 2015
Number of Pages:
378 Pages
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