SYS-CON MEDIA Authors: Doug Masi, Mat Mathews, PR.com Newswire, David Smith, Tim Crawford

News Feed Item

Gap Between the Supply and Demand of Well-Trained Technicians Drives NDT Training Services Market

Need for Qualified Technicians Across Geographic Regions Is Driving Demand for the Market

MOUNTAIN VIEW, CA -- (Marketwired) -- 06/24/14 -- The biggest growth driver for the non-destructive test (NDT) training services market globally is a lack of qualified technicians. Due to aging infrastructure and vastly publicized industrial disasters and catastrophes, as well as growing investment in new infrastructure projects, demand for new technicians to cater to the needs of the NDT industry has increased incrementally. However, this demand is not being met as there is an evident shortage of technicians.

The scarcity of technicians, though, is more prominent in certain regions. For example, in North America, the shale oil and gas industry has created a boom, which is causing a shortage of technicians in the U.S., while the oil sands boom over the last three to four years has created a similar situation in Canada. The sudden increase in investment in new infrastructure to support greater oil and gas production has significantly increased demand for newer technicians in the industry that is being unmet; leaving NDT inspection service providers underprepared and at risk of losing out on key projects.

For complimentary access to more information on this research, please visit: http://bit.ly/1pjXGio.

New analysis from Frost & Sullivan (http://www.testandmeasurement.frost.com), Analysis of Global Nondestructive Testing (NDT) Training Services Market, finds that the market earned revenue of $237.6 million in 2013 and estimates this to grow to $293.5 million by 2018 at a CAGR of 4.3 percent. The most important trend witnessed in the market is a migration from American Society for Nondestructive Testing's (ASNT) employer-based certification scheme, SNT-TC-1A, to centralized certification schemes that are compliant with International Organization for Standardization (ISO) 9712, which is predominantly impacting the Middle Eastern, African, South Asian and Southeast Asian markets.

Although there is a huge demand for trained technicians, growth of NDT training service providers is further being hindered by a lack of quality instructors to impart training courses. Growth and revenue for every NDT training service provider depends on the number of instructors available, since there is a maximum threshold on not only the number of courses an instructor can teach, but also the number of students that can be accommodated in a course without compromising on the quality of the training.

"An instructor should possess two important qualities: in-depth knowledge of NDT fundamentals and good communication skills to express the information to candidates," said Frost & Sullivan's Senior Research Analyst Nikhil Jain. "Finding instructors with both qualities is an extremely difficult task for most NDT training service providers."

This challenge is expected to continue affecting market growth over the next five years. And while there is no clear solution to confront the challenge, a strategy that could be used by NDT training service providers is to increase the remuneration of the instructors, thus creating interest for people to choose a career to train new technicians.

"A trained, qualified and certified technician can earn considerably more money by performing inspections with third-party NDT inspection service providers than by being a trainer," said Jain. "For most technicians, there is not enough monetary motivation to quit a lucrative career and switch to training. But, if NDT training service providers increase the salary of the instructors, experienced technicians might be motivated to change their career path."

Analysis of the Global NDT Training Services Market is part of the Test & Measurement Growth Partnership Service program. Frost & Sullivan's related research services in this program include: Analysis of the Global NDT Equipment Market, Analysis of the Global Digital X-ray Inspection Systems Market, Emerging Growth Markets for NDT Inspection Services, Global NDT Inspection Services Market, Emerging and Non-Traditional NDT Equipment Market, and Analysis of Global Industrial X-ray Sources and Detectors Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on "the next big thing"

Register: Gain access to visionary innovation

Analysis of the Global NDT Training Services Market
ND25-30

Contact:
Jeannette Garcia
Corporate Communications - North America
P: 210.477.8427
E: [email protected]
Twitter: @Frost_Sullivan
Facebook: FrostandSullivan
Linkedin: Future of Measurement and Instrumentation

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.