The NDT-10 coverage universe is divided into three categories by market cap weight. The doughnut shows each category’s share of total market capitalization.
NDT Services
Pure-play NDT and inspection companies. Includes Mistras Group, Team Inc, Acuren Group, Oceaneering International, and Expro Group. These firms derive the majority of revenue from non-destructive testing, inspection services, or subsea asset integrity.
Global NDT
Large-cap international TIC (Testing, Inspection, Certification) conglomerates. Includes Bureau Veritas, Intertek Group, and Comet Group. These companies operate NDT divisions within broader multi-service platforms spanning quality assurance, certification, and regulatory compliance worldwide.