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Nondestructive testing services companies have benefited from rapidly changing technology and the increasing complexity of products and processes requiring testing over the past few years, although revenue has been volatile. Interest rate hikes from 2022 to 2024 reduced business investment in facilities and equipment, curtailing downstream demand for nondestructive testing services and slowing revenue growth in 2023 and 2024. Elevated oil prices during this period, driven by Russia’s invasion of Ukraine, partially offset this by spurring demand from oil and gas exploration. Tariff impositions under the Trump administration, beginning in 2025, raised input costs, discouraging external nondestructive procurement and slowing growth into 2025 and 2026. Meanwhile, tensions between the United States and Iran briefly boosted oil prices and nondestructive demand from energy firms. These policy changes are poised to shift as soon as possible, pending Supreme Court decisions and international agreements, adding substantial near-term uncertainty to vendors’ revenue.
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IBISWorld's research coverage on the Nondestructive Testing Services industry in the United States includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released August 2026.
The Nondestructive Testing Services industry in the United States operates under the NAICS industry code OD5540. Nondestructive testing services businesses perform nondestructive tests and inspections on industrial assets. Numerous companies in the United States offer nondestructive testing services, specializing in various methods to inspect materials and structures without causing damage. These services are crucial across multiple sectors, including aerospace, automotive, construction, energy and manufacturing. Related terms covered in the Nondestructive Testing Services industry in the United States include nondestructive testing services , research and development (r&d), certification and materials technology.
Products and services covered in Nondestructive Testing Services industry in the United States include Machinery and equipment testing, Minerals and chemicals testing and Construction materials testing.
Companies covered in the Nondestructive Testing Services industry in the United States include Team Inc. and Mistras Group, inc.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Nondestructive Testing Services industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Nondestructive Testing Services industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Nondestructive Testing Services industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Nondestructive Testing Services industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Nondestructive Testing Services industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Nondestructive Testing Services industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Nondestructive Testing Services industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Nondestructive Testing Services industry in the United States.
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The market size of the Nondestructive Testing Services industry in the United States is $3.8bn in 2026.
There are 1,805 businesses in the Nondestructive Testing Services industry in the United States, which has grown at a CAGR of 2.9 % between 2021 and 2026.
The Nondestructive Testing Services industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Nondestructive Testing Services industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Nondestructive Testing Services industry in the United States has been growing at a CAGR of 0.5 % between 2021 and 2026.
Over the next five years, the Nondestructive Testing Services industry in the United States is expected to grow.
The biggest companies operating in the Nondestructive Testing Services industry in the United States are Team Inc. and Mistras Group, inc.
Environmental testing and Minerals and chemicals testing are part of the Nondestructive Testing Services industry in the United States.
The company holding the most market share in the Nondestructive Testing Services industry in the United States is Team Inc..
The level of competition is moderate and steady in the Nondestructive Testing Services industry in the United States.