[NTIACNews]North American NDT Services Market Breaks $1 Billion

[Chris Coughlin]

Hello All;

Maxtech International Inc. (http://www.maxtech-intl.com) has released a new
analysis of the NDT sector.  Results show that the combined
Canadian-American market for NDT services exceeded $1 billion U.S. in 2002
and is projected to grow to over $1.4 billion by 2007.

The need for NDT services is expected to vary by industry:  while increased
military spending in the aftermath of 9/11 is expected to provide good
growth, commercial aerospace is still suffering.  Oil and gas inspection
markets are growing due to the increased demand for domestic energy sources,
with several new pipelines being planned, while deregulation of the
utilities is forcing efficiencies on the industry as a whole.

The 150-page analysis details market sizes and segmentation, both by
industry and method of NDT.  Market shares for the top 4 Canadian NDT
service providers and the 26 largest NDT service providers in the U.S. are
given, as well as a survey of more than 3000 NDT service customers and their
spending projections.  For more information on the analysis, visit Maxtech
International's website at http://www.maxtech-intl.com.

Best Regards,
Chris
--
Chris Coughlin / NTIAC
415 Crystal Creek Drive / Austin TX 78746
ccoughlin@ntiac.com / http://www.ntiac.com