The quality of product and process is one of the most important factors in achieving constructively and then functionally safe products in any industry. Over the years, the concept of Industry 4.0 has emerged in all the quality processes, such as nondestructive testing (NDT). The most widely used quality control methods in the industries of mechanical engineering, aerospace, and civil engineering are nondestructive methods, which are based on inspection by detecting indications, without affecting the surface quality of the examined parts. Over time, the focus has been on research with the fourth generation in nondestructive testing, i.e., NDT 4.0 or Smart NDT, as a main topic to ensure the efficiency and effectiveness of the methods for a safe detection of all types of discontinuities. This area of research aims at the efficiency of methods, the elimination of human errors, digitalization, and optimization from a constructive point of view. In this paper, we presented a magnetic particles inspection method and the possible future directions for the development of standard equipment used in the context of this method in accordance with the applicable physical principles and constraints of the method for cylindrical parts. A possible development direction was presented in order to streamline the mass production of parts made of ferromagnetic materials. We described the methods of analysis and the tools used for the development of a magnetic particle inspection method used for cylindrical parts in all types of industry and NDT 4.0; the aim is to provide new NDT 4.0 directions in optimizing the series production for cylindrical parts from industry, as given in the conclusion of this article.