PUBLISHER: Allied Market Research | PRODUCT CODE: 1097645
PUBLISHER: Allied Market Research | PRODUCT CODE: 1097645
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
By Technique
By Service
By Industry Verticals
By Region