Eddy Current Testing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1370 | Report Format : | Status : Upcoming |

Abstract

Global Eddy Current Testing Market: Overview

A technique of testing that uses the concept of electromagnetism is known as eddy current testing or ECT. This non-destructive testing characterizes the surface and detects the sub-surface flaws in the materials that are conductive. The important applications of eddy current testing include surface inspection and tubing inspection. It helps in detecting the tight cracks in the different surfaces. The inspection can be done on both ferromagnetic and non-ferromagnetic materials.

Global Eddy Current Testing Market: Segmentation

The eddy current market is globally segmented into its techniques, service, vertical, and regions. On the basis of technique, the global market is segregated into conventional eddy current testing, alternating current field measurement, pulsed eddy current testing, near-field array, remote field testing, eddy current array, near-field testing, and partial saturation eddy current. Based on the service, the market is categorized into equipment rental services, training services, inspection services, and calibration services. Based on the verticals, the market is divided into oil & gas, government infrastructure & public safety, power generation, manufacturing, aerospace, automotive, and others.

Global Eddy Current Testing Market: Growth Factors

The major factor that is driving the eddy current testing (ECT) market is the technological advancements that are made in the eddy testing methods. The developments made in these techniques are encouraging the customers to adopt this technology. The supporting government regulations and the rising development of the infrastructure are also contributing to the market growth. The manufacturing segment is the dominating segment in the end-user industrial category. The policy by the government regarding safety awareness is also likely to drive the market growth in the coming years. The increasing demand for the consumer durable goods and electronic equipment is driving the eddy current testing market. As ECT is electrical in nature its usage is limited to the conductive materials thus affecting the market growth.

Global Eddy Current Testing Market: Regional Analysis

Region-wise, the eddy testing market is diversified into North America, Asia-Pacific, Europe, and Rest of the World. The region that holds the largest market share in the global eddy current testing market is the North America. The oil and gas industry holds the major share in the North American market. The other sector that is contributing to the market growth is the power generation industry in this region. Europe and Asia Pacific holds a substantial market share in the global eddy current testing market. The increasing demand for the consumer goods in the Asia Pacific region is contributing to the market growth. The Latin American eddy current testing market is growing owing to the rise in the demand for the consumer electronics.

Global Eddy Current Testing Market: Competitive Players

The major market players in the eddy current testing market General Electric Company, Ashtead Technology Ltd., Eddyfi NDT Inc., Zetec Inc., IBG NDT System Corporation, Magnetic Analysis Corporation Inc., Olympus Corporation, Mistras Group Inc., Ether NDE Limited, TUV Rheinland AG, and Fidgeon Limited.

Global Eddy Current Testing Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Wireless Headphones Market - By Feature (Smart and Non-Smart), Type (In-Ear, On-Ear, and Over-Ear), By End Use (Fitness & Sports, Entertainment, and Gaming), Price Range (Low, Moderate, and Premium), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Jul-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5354 | Report Format:

The global Wireless Headphones market, which is likely to amass revenue worth nearly 42.10 (USD Billion) by 2026, will register a CAGR of nearly 21% during the period from 2020 to 2026. The report offers assessment and analysis of the Wireless Headphones market on a global and regional level. The ...Read More

Quantum Dots (QD) Market - By Type (II-VI-Semiconductors, III-V-Semiconductors, and Silicon), By Application (Medicine, Optoelectronics & Optical Components, Alternative Energy, Agriculture, and Others), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Jun-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5353 | Report Format:

The global Quantum Dots (QD) market accrued earnings worth 865 (USD Million) in 2019 and is set to record a CAGR of about 62.4% over the period from 2020 to 2026. The report offers assessment and analysis of the Quantum Dots (QD) market on a global and regional level. The study offers a comprehens...Read More

Coin Operated Laundry Machines Market - by Type (Coin Operated Washers, Coin Operated Dryers), by Application (Hotel, Laundry Home, Hospital, School Apartments, Others), and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Jun-2020 | Price : $ 4199.00 | Pages: 157 | Report Code: ZMR-5352 | Report Format:

This report analyzes and estimates the Coin Operated Laundry Machines market at global, regional, and country level. Assessment of the global coin operated machines analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level fro...Read More

Passive Optical Network Market, by Structure (GPON, EPON, WDM-PON), by Component (ONT, OLT), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2019– 2026

Mar-2020 | Price : $ 4199.00 | Pages: 144 | Report Code: ZMR-5343 | Report Format:

This report analyzes and estimates the passive optical network market at global, regional, and country level. Assessment of the global passive optical network analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level from 2019...Read More

Metal Fabrication Equipment Market, by Equipment Type (Machining, Cutting, Forming, Welding, and Others), by Application (Residential, Commercial, and Industrial), by End-User (Oil & Gas, Automotive & Aviation, Power Plants, Chemicals & Mining, Construction, and Others) by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Mar-2020 | Price : $ 4199.00 | Pages: 157 | Report Code: ZMR-5342 | Report Format:

This report analyzes and estimates the metal fabrication equipment market at global, regional, and country level. Assessment of the global doctor blade analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level from 2020 to 202...Read More

Request Brochure

COVID-19

A Global Pandemic

Request the coronavirus impact analysis across industries and market

Request impact analysis on this market
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.