Product Code: A12139
Eddy current testing, also known as ECT, is one of the several nondestructive testing (NDT) procedures that use electromagnetic induction to discover the surface and sub-surface faults in conductive materials.
The growth of the global eddy current testing market is majorly driven by advancements in the new ECT technology paired with rising in safety regulations by governments. Moreover, a rise in safety regulations by governments is anticipated to drive the growth of eddy-current testing. However, the lack of skilled and qualified workforce acts as a prime restraint of the global eddy current testing market. On the contrary, increased infrastructural developments in emerging economies and manufacturing opportunities in BRICS are anticipated to provide lucrative opportunities for the eddy current testing industry during the forecast period.
The eddy current testing market is segmented based on technique, service, industry vertical, and region. By technique, the market is segmented into conventional eddy current testing, remote field testing, alternating current field measurement, eddy current array, and others. By service, the market is split into inspection services, equipment rental services, calibration services, and training services. By industry vertical, it is classified into manufacturing, oil & gas, automotive, power generation, government infrastructure & public safety, and others. Region-wise, the eddy current testing market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and the rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players operating in the market include eddy's current testing market players, such as General Electric Company, Ether NDE Limited, Olympus Corporation, Eddyfi NDT Inc, Mistras Group Inc., Ashtead Technology Ltd., TUV Rheinland AG, Ibg NDT System Corporation, Fidgeon Limited, and Magnetic Analysis Corporation Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the eddy-current testing market analysis from 2020 to 2030 to identify the prevailing eddy-current testing market opportunities.
- Market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
- An in-depth analysis of the eddy-current testing market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global eddy-current testing market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Technique
- Alternating Current Field Measurement
- Eddy Current Array
- Others
- Conventional Eddy Current Testing
- Remote Field Testing
By Service
- Inspection Services
- Equipment Rental Services
- Caliberation Services
- Training Services
By Industry Verticals
- Manufacturing
- Oil and Gas
- Automotive
- Power Generation
- Government Infrastructure and Public Safety
- Others
By Region
- North America
- Europe
- U.K.
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- Ashtead Technology Ltd
- Eddyfi NDT Inc
- Ether NDE Limited
- Fidgeon Limited
- General Electric Company
- Ibg NDT System Corporation
- Magnetic Analysis Corporation
- Mistras Group Inc
- Olympus Corporation
- TUV Rheinland AG
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: EDDY-CURRENT TESTING MARKET, BY TECHNIQUE
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Conventional Eddy Current Testing
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Remote Field Testing
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
- 4.4 Alternating Current Field Measurement
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
- 4.5 Eddy Current Array
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market analysis by country
- 4.6 Others
- 4.6.1 Key market trends, growth factors and opportunities
- 4.6.2 Market size and forecast, by region
- 4.6.3 Market analysis by country
CHAPTER 5: EDDY-CURRENT TESTING MARKET, BY SERVICE
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Inspection Services
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Equipment Rental Services
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
- 5.4 Caliberation Services
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
- 5.5 Training Services
- 5.5.1 Key market trends, growth factors and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market analysis by country
CHAPTER 6: EDDY-CURRENT TESTING MARKET, BY INDUSTRY VERTICALS
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Manufacturing
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 Oil and Gas
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
- 6.4 Automotive
- 6.4.1 Key market trends, growth factors and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market analysis by country
- 6.5 Power Generation
- 6.5.1 Key market trends, growth factors and opportunities
- 6.5.2 Market size and forecast, by region
- 6.5.3 Market analysis by country
- 6.6 Government Infrastructure and Public Safety
- 6.6.1 Key market trends, growth factors and opportunities
- 6.6.2 Market size and forecast, by region
- 6.6.3 Market analysis by country
- 6.7 Others
- 6.7.1 Key market trends, growth factors and opportunities
- 6.7.2 Market size and forecast, by region
- 6.7.3 Market analysis by country
CHAPTER 7: EDDY-CURRENT TESTING MARKET, BY REGION
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 North America Market size and forecast, by Technique
- 7.2.3 North America Market size and forecast, by Service
- 7.2.4 North America Market size and forecast, by Industry Verticals
- 7.2.5 North America Market size and forecast, by country
- 7.2.5.1 U.S.
- 7.2.5.1.1 Market size and forecast, by Technique
- 7.2.5.1.2 Market size and forecast, by Service
- 7.2.5.1.3 Market size and forecast, by Industry Verticals
- 7.2.5.2 Canada
- 7.2.5.2.1 Market size and forecast, by Technique
- 7.2.5.2.2 Market size and forecast, by Service
- 7.2.5.2.3 Market size and forecast, by Industry Verticals
- 7.2.5.3 Mexico
- 7.2.5.3.1 Market size and forecast, by Technique
- 7.2.5.3.2 Market size and forecast, by Service
- 7.2.5.3.3 Market size and forecast, by Industry Verticals
- 7.3 Europe
- 7.3.1 Key trends and opportunities
- 7.3.2 Europe Market size and forecast, by Technique
- 7.3.3 Europe Market size and forecast, by Service
- 7.3.4 Europe Market size and forecast, by Industry Verticals
- 7.3.5 Europe Market size and forecast, by country
- 7.3.5.1 U.K.
- 7.3.5.1.1 Market size and forecast, by Technique
- 7.3.5.1.2 Market size and forecast, by Service
- 7.3.5.1.3 Market size and forecast, by Industry Verticals
- 7.3.5.2 Germany
- 7.3.5.2.1 Market size and forecast, by Technique
- 7.3.5.2.2 Market size and forecast, by Service
- 7.3.5.2.3 Market size and forecast, by Industry Verticals
- 7.3.5.3 France
- 7.3.5.3.1 Market size and forecast, by Technique
- 7.3.5.3.2 Market size and forecast, by Service
- 7.3.5.3.3 Market size and forecast, by Industry Verticals
- 7.3.5.4 Italy
- 7.3.5.4.1 Market size and forecast, by Technique
- 7.3.5.4.2 Market size and forecast, by Service
- 7.3.5.4.3 Market size and forecast, by Industry Verticals
- 7.3.5.5 Rest of Europe
- 7.3.5.5.1 Market size and forecast, by Technique
- 7.3.5.5.2 Market size and forecast, by Service
- 7.3.5.5.3 Market size and forecast, by Industry Verticals
- 7.4 Asia-Pacific
- 7.4.1 Key trends and opportunities
- 7.4.2 Asia-Pacific Market size and forecast, by Technique
- 7.4.3 Asia-Pacific Market size and forecast, by Service
- 7.4.4 Asia-Pacific Market size and forecast, by Industry Verticals
- 7.4.5 Asia-Pacific Market size and forecast, by country
- 7.4.5.1 China
- 7.4.5.1.1 Market size and forecast, by Technique
- 7.4.5.1.2 Market size and forecast, by Service
- 7.4.5.1.3 Market size and forecast, by Industry Verticals
- 7.4.5.2 Japan
- 7.4.5.2.1 Market size and forecast, by Technique
- 7.4.5.2.2 Market size and forecast, by Service
- 7.4.5.2.3 Market size and forecast, by Industry Verticals
- 7.4.5.3 India
- 7.4.5.3.1 Market size and forecast, by Technique
- 7.4.5.3.2 Market size and forecast, by Service
- 7.4.5.3.3 Market size and forecast, by Industry Verticals
- 7.4.5.4 South Korea
- 7.4.5.4.1 Market size and forecast, by Technique
- 7.4.5.4.2 Market size and forecast, by Service
- 7.4.5.4.3 Market size and forecast, by Industry Verticals
- 7.4.5.5 Rest of Asia-Pacific
- 7.4.5.5.1 Market size and forecast, by Technique
- 7.4.5.5.2 Market size and forecast, by Service
- 7.4.5.5.3 Market size and forecast, by Industry Verticals
- 7.5 LAMEA
- 7.5.1 Key trends and opportunities
- 7.5.2 LAMEA Market size and forecast, by Technique
- 7.5.3 LAMEA Market size and forecast, by Service
- 7.5.4 LAMEA Market size and forecast, by Industry Verticals
- 7.5.5 LAMEA Market size and forecast, by country
- 7.5.5.1 Latin America
- 7.5.5.1.1 Market size and forecast, by Technique
- 7.5.5.1.2 Market size and forecast, by Service
- 7.5.5.1.3 Market size and forecast, by Industry Verticals
- 7.5.5.2 Middle East
- 7.5.5.2.1 Market size and forecast, by Technique
- 7.5.5.2.2 Market size and forecast, by Service
- 7.5.5.2.3 Market size and forecast, by Industry Verticals
- 7.5.5.3 Africa
- 7.5.5.3.1 Market size and forecast, by Technique
- 7.5.5.3.2 Market size and forecast, by Service
- 7.5.5.3.3 Market size and forecast, by Industry Verticals
CHAPTER 8: COMPANY LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Key developments
CHAPTER 9: COMPANY PROFILES
- 9.1 Ashtead Technology Ltd
- 9.1.1 Company overview
- 9.1.2 Company snapshot
- 9.1.3 Operating business segments
- 9.1.4 Product portfolio
- 9.1.5 Business performance
- 9.1.6 Key strategic moves and developments
- 9.2 Eddyfi NDT Inc
- 9.2.1 Company overview
- 9.2.2 Company snapshot
- 9.2.3 Operating business segments
- 9.2.4 Product portfolio
- 9.2.5 Business performance
- 9.2.6 Key strategic moves and developments
- 9.3 Ether NDE Limited
- 9.3.1 Company overview
- 9.3.2 Company snapshot
- 9.3.3 Operating business segments
- 9.3.4 Product portfolio
- 9.3.5 Business performance
- 9.3.6 Key strategic moves and developments
- 9.4 Fidgeon Limited
- 9.4.1 Company overview
- 9.4.2 Company snapshot
- 9.4.3 Operating business segments
- 9.4.4 Product portfolio
- 9.4.5 Business performance
- 9.4.6 Key strategic moves and developments
- 9.5 General Electric Company
- 9.5.1 Company overview
- 9.5.2 Company snapshot
- 9.5.3 Operating business segments
- 9.5.4 Product portfolio
- 9.5.5 Business performance
- 9.5.6 Key strategic moves and developments
- 9.6 Ibg NDT System Corporation
- 9.6.1 Company overview
- 9.6.2 Company snapshot
- 9.6.3 Operating business segments
- 9.6.4 Product portfolio
- 9.6.5 Business performance
- 9.6.6 Key strategic moves and developments
- 9.7 Magnetic Analysis Corporation
- 9.7.1 Company overview
- 9.7.2 Company snapshot
- 9.7.3 Operating business segments
- 9.7.4 Product portfolio
- 9.7.5 Business performance
- 9.7.6 Key strategic moves and developments
- 9.8 Mistras Group Inc
- 9.8.1 Company overview
- 9.8.2 Company snapshot
- 9.8.3 Operating business segments
- 9.8.4 Product portfolio
- 9.8.5 Business performance
- 9.8.6 Key strategic moves and developments
- 9.9 Olympus Corporation
- 9.9.1 Company overview
- 9.9.2 Company snapshot
- 9.9.3 Operating business segments
- 9.9.4 Product portfolio
- 9.9.5 Business performance
- 9.9.6 Key strategic moves and developments
- 9.10 TUV Rheinland AG
- 9.10.1 Company overview
- 9.10.2 Company snapshot
- 9.10.3 Operating business segments
- 9.10.4 Product portfolio
- 9.10.5 Business performance
- 9.10.6 Key strategic moves and developments