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Nondestructive Testing Services

Overview

ProcurementIQ’s Nondestructive Testing Services Procurement Research Report is a comprehensive guide to purchasing Nondestructive Testing Services. This report offers strategic analysis of the factors influencing purchasing decisions, including price trends and three-year forecasts, input costs and demand factors, along with key suppliers and an analysis of the extended supply chain. Armed with the right procurement intelligence, your company will be able to make educated purchasing decisions.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Nondestructive Testing Services - Recent Price Trend

In the three years to 2018, the price of NDT services has been growing at an estimated average annual rate of 1.4%. Demand for these services is largely driven by downstream buyers from the manufacturing, aerospace, oil and gas, automotive and construction sectors. Demand for manufactured goods and construction projects has been revived alongside economic growth, boosting the need for NDT.

Nondestructive Testing Services - Total Cost of Ownership

NDT services generally carry a low total cost of ownership (TCO). Although there are a variety of add-on charges, these additional costs usually amount to less than 50.0% of the NDT service price, resulting in a low TCO. Some additional purchases that can increase the TCO include services that analyze defects and perform the necessary repairs. These services can be crucial if buyers want defects.

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About this Report

This report is intended to assist buyers of nondestructive testing (NDT) services for the purpose of examining an object's physical and material properties without altering or damaging its structural integrity. Suppliers rely on techniques such as magnetic particle inspection, ultrasonic testing, laser testing methods and others to detect flaws or material inconsistencies that may lead to component failure. These services also have the capabilities to determine whether materials have the properties appropriate for castings, welds, forgings and other manufacturing processes. This report excludes nondestructive examination equipment.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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