PUBLISHER: KBV Research | PRODUCT CODE: 1093303
PUBLISHER: KBV Research | PRODUCT CODE: 1093303
LAMEA Eddy-current Testing Market Size, Share & Industry Trends Analysis Report By Service, By Technique (Conventional Eddy Current Testing, Eddy Current Array, and Others), By Industry, By Country and Growth Forecast, 2022 - 2028
The Latin America, Middle East and Africa Eddy-current Testing Market would witness market growth of 12.5% CAGR during the forecast period (2022-2028).
Eddy's current testing procedure is one of several nondestructive testing (NDT) procedures that apply the principle of electromagnetics. This principle has also been applied in other ways such as Remote Field Testing (RFT), Barkhausen Noise, and Flux Leakage. Due to increased government safety regulations, the eddy-current testing market share is predicted to grow significantly.
Electromagnetic induction is the process that produces eddy currents. A magnetic field forms in and around a conductor, such as copper cable, when an alternating current is supplied. The magnetic field increases as the oscillating current increases and contracts as the current decreases. Current could be induced in another electrical conductor if it is brought into close contact with the changing magnetic field. Eddy currents are circularly flowing induced electrical currents. When the conditions are appropriate, they generate "eddies," which are formed when a liquid or gas flows in a circular pattern around obstructions.
Dubai's financial services business is the biggest and most advanced in the region. Markets for Sukuk and Takaful are expanding. Financial services firms from the United Kingdom have offices in both Abu Dhabi and Dubai. The United Arab Emirates possesses the world's seventh greatest gas reserves and eighth-largest oil reserves. Currently, production is around 3 million barrel per day (BPD), with 3.5 million BPD objectives. As a result, the UAE values enhanced oil recovery (EOR) techniques and technologies. Onshore and offshore oil reserves are operated under concessions in the UAE.
The oil and gas supply chain are managed by the Abu Dhabi National Oil Company (ADNOC) as well as its subsidiaries. The DIFC Courts give residents access to English common law. Banking, asset management, capital markets, and fund registration are among the topics covered, as are insurance and reinsurance, Islamic finance, and professional service providers.
The Brazil market dominated the LAMEA Eddy-current Testing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $36.9 million by 2028. The Argentina market is poised to grow at CAGR of 13.1% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 12.2% during (2022 - 2028).
Based on Service, the market is segmented into Inspection Services, Equipment Rental Services, Training Services, and Caliberation Services. Based on Technique, the market is segmented into Conventional Eddy Current Testing, Eddy Current Array, Alternating Current Field Measurement, Remote Field Testing, and Others. Based on Industry, the market is segmented into Manufacturing, Automotive, Power Generation, Government Infrastructure & Public Safety, Oil & Gas, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Olympus Corporation, Eddyfi Technologies, ETher NDE Ltd., Fidgeon Ltd., ibg NDT Systems Corporation, Magnetic Analysis Corporation, Mistras Group, Inc., TUV Rheinland AG, Ashtead Group PLC, and Waygate Technologies.
Scope of the Study
Market Segments covered in the Report:
By Service
- Inspection Services
- Equipment Rental Services
- Training Services
- Caliberation Services
By Technique
- Conventional Eddy Current Testing
- Eddy Current Array
- Alternating Current Field Measurement
- Remote Field Testing
- Others
By Industry
- Manufacturing
- Automotive
- Power Generation
- Government Infrastructure & Public Safety
- Oil & Gas
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Olympus Corporation
- Eddyfi Technologies
- ETher NDE Ltd.
- Fidgeon Ltd.
- ibg NDT Systems Corporation
- Magnetic Analysis Corporation
- Mistras Group, Inc.
- TUV Rheinland AG
- Ashtead Group PLC
- Waygate Technologies
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Eddy-current Testing Market, by Service
- 1.4.2 LAMEA Eddy-current Testing Market, by Technique
- 1.4.3 LAMEA Eddy-current Testing Market, by Industry
- 1.4.4 LAMEA Eddy-current Testing Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.1.1 Overview
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. Strategies deployed in Eddy-current Testing Market
Chapter 4. LAMEA Eddy-current Testing Market by Service
- 4.1 LAMEA Inspection Services Market by Country
- 4.2 LAMEA Equipment Rental Services Market by Country
- 4.3 LAMEA Training Services Market by Country
- 4.4 LAMEA Caliberation Services Market by Country
Chapter 5. LAMEA Eddy-current Testing Market by Technique
- 5.1 LAMEA Conventional Eddy Current Testing Market by Country
- 5.2 LAMEA Eddy Current Array Market by Country
- 5.3 LAMEA Alternating Current Field Measurement Market by Country
- 5.4 LAMEA Remote Field Testing Market by Country
- 5.5 LAMEA Others Market by Country
Chapter 6. LAMEA Eddy-current Testing Market by Industry
- 6.1 LAMEA Manufacturing Market by Country
- 6.2 LAMEA Automotive Market by Country
- 6.3 LAMEA Power Generation Market by Country
- 6.4 LAMEA Government Infrastructure & Public Safety Market by Country
- 6.5 LAMEA Oil & Gas Market by Country
- 6.6 LAMEA Others Market by Country
Chapter 7. LAMEA Eddy-current Testing Market by Country
- 7.1 Brazil Eddy-current Testing Market
- 7.1.1 Brazil Eddy-current Testing Market by Service
- 7.1.2 Brazil Eddy-current Testing Market by Technique
- 7.1.3 Brazil Eddy-current Testing Market by Industry
- 7.2 Argentina Eddy-current Testing Market
- 7.2.1 Argentina Eddy-current Testing Market by Service
- 7.2.2 Argentina Eddy-current Testing Market by Technique
- 7.2.3 Argentina Eddy-current Testing Market by Industry
- 7.3 UAE Eddy-current Testing Market
- 7.3.1 UAE Eddy-current Testing Market by Service
- 7.3.2 UAE Eddy-current Testing Market by Technique
- 7.3.3 UAE Eddy-current Testing Market by Industry
- 7.4 Saudi Arabia Eddy-current Testing Market
- 7.4.1 Saudi Arabia Eddy-current Testing Market by Service
- 7.4.2 Saudi Arabia Eddy-current Testing Market by Technique
- 7.4.3 Saudi Arabia Eddy-current Testing Market by Industry
- 7.5 South Africa Eddy-current Testing Market
- 7.5.1 South Africa Eddy-current Testing Market by Service
- 7.5.2 South Africa Eddy-current Testing Market by Technique
- 7.5.3 South Africa Eddy-current Testing Market by Industry
- 7.6 Nigeria Eddy-current Testing Market
- 7.6.1 Nigeria Eddy-current Testing Market by Service
- 7.6.2 Nigeria Eddy-current Testing Market by Technique
- 7.6.3 Nigeria Eddy-current Testing Market by Industry
- 7.7 Rest of LAMEA Eddy-current Testing Market
- 7.7.1 Rest of LAMEA Eddy-current Testing Market by Service
- 7.7.2 Rest of LAMEA Eddy-current Testing Market by Technique
- 7.7.3 Rest of LAMEA Eddy-current Testing Market by Industry
Chapter 8. Company Profiles
- 8.1 Olympus Corporation
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expense
- 8.2 Eddyfi Technologies
- 8.2.1 Company Overview
- 8.2.2 Recent strategies and developments:
- 8.2.2.1 Product Launches and Product Expansions:
- 8.2.2.2 Acquisition and Mergers:
- 8.3 ETher NDE Ltd.
- 8.3.1 Company Overview
- 8.3.2 Recent strategies and developments:
- 8.3.2.1 Product Launches and Product Expansions:
- 8.4 Fidgeon Ltd. (Rohmann GmbH)
- 8.4.1 Company Overview
- 8.5 ibg NDT Systems Corporation
- 8.5.1 Company Overview
- 8.6 Magnetic Analysis Corporation
- 8.6.1 Company Overview
- 8.6.2 Recent strategies and developments:
- 8.6.2.1 Acquisition and Mergers:
- 8.7 Mistras Group, Inc.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.8 TUV Rheinland AG
- 8.8.1 Company Overview
- 8.8.2 Recent strategies and developments:
- 8.8.2.1 Geographical Expansions:
- 8.9 Ashtead Group PLC
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Regional Analysis
- 8.10. Waygate Technologies (Baker Hughes Company)
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expenses
- 8.10.5 Recent strategies and developments:
- 8.10.5.1 Partnerships, Collaborations, and Agreements:
LIST OF TABLES
- TABLE 1 LAMEA Eddy-current Testing Market, 2018 - 2021, USD Million
- TABLE 2 LAMEA Eddy-current Testing Market, 2022 - 2028, USD Million
- TABLE 3 LAMEA Eddy-current Testing Market by Service, 2018 - 2021, USD Million
- TABLE 4 LAMEA Eddy-current Testing Market by Service, 2022 - 2028, USD Million
- TABLE 5 LAMEA Inspection Services Market by Country, 2018 - 2021, USD Million
- TABLE 6 LAMEA Inspection Services Market by Country, 2022 - 2028, USD Million
- TABLE 7 LAMEA Equipment Rental Services Market by Country, 2018 - 2021, USD Million
- TABLE 8 LAMEA Equipment Rental Services Market by Country, 2022 - 2028, USD Million
- TABLE 9 LAMEA Training Services Market by Country, 2018 - 2021, USD Million
- TABLE 10 LAMEA Training Services Market by Country, 2022 - 2028, USD Million
- TABLE 11 LAMEA Caliberation Services Market by Country, 2018 - 2021, USD Million
- TABLE 12 LAMEA Caliberation Services Market by Country, 2022 - 2028, USD Million
- TABLE 13 LAMEA Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
- TABLE 14 LAMEA Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
- TABLE 15 LAMEA Conventional Eddy Current Testing Market by Country, 2018 - 2021, USD Million
- TABLE 16 LAMEA Conventional Eddy Current Testing Market by Country, 2022 - 2028, USD Million
- TABLE 17 LAMEA Eddy Current Array Market by Country, 2018 - 2021, USD Million
- TABLE 18 LAMEA Eddy Current Array Market by Country, 2022 - 2028, USD Million
- TABLE 19 LAMEA Alternating Current Field Measurement Market by Country, 2018 - 2021, USD Million
- TABLE 20 LAMEA Alternating Current Field Measurement Market by Country, 2022 - 2028, USD Million
- TABLE 21 LAMEA Remote Field Testing Market by Country, 2018 - 2021, USD Million
- TABLE 22 LAMEA Remote Field Testing Market by Country, 2022 - 2028, USD Million
- TABLE 23 LAMEA Others Market by Country, 2018 - 2021, USD Million
- TABLE 24 LAMEA Others Market by Country, 2022 - 2028, USD Million
- TABLE 25 LAMEA Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
- TABLE 26 LAMEA Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
- TABLE 27 LAMEA Manufacturing Market by Country, 2018 - 2021, USD Million
- TABLE 28 LAMEA Manufacturing Market by Country, 2022 - 2028, USD Million
- TABLE 29 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
- TABLE 30 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
- TABLE 31 LAMEA Power Generation Market by Country, 2018 - 2021, USD Million
- TABLE 32 LAMEA Power Generation Market by Country, 2022 - 2028, USD Million
- TABLE 33 LAMEA Government Infrastructure & Public Safety Market by Country, 2018 - 2021, USD Million
- TABLE 34 LAMEA Government Infrastructure & Public Safety Market by Country, 2022 - 2028, USD Million
- TABLE 35 LAMEA Oil & Gas Market by Country, 2018 - 2021, USD Million
- TABLE 36 LAMEA Oil & Gas Market by Country, 2022 - 2028, USD Million
- TABLE 37 LAMEA Others Market by Country, 2018 - 2021, USD Million
- TABLE 38 LAMEA Others Market by Country, 2022 - 2028, USD Million
- TABLE 39 LAMEA Eddy-current Testing Market by Country, 2018 - 2021, USD Million
- TABLE 40 LAMEA Eddy-current Testing Market by Country, 2022 - 2028, USD Million
- TABLE 41 Brazil Eddy-current Testing Market, 2018 - 2021, USD Million
- TABLE 42 Brazil Eddy-current Testing Market, 2022 - 2028, USD Million
- TABLE 43 Brazil Eddy-current Testing Market by Service, 2018 - 2021, USD Million
- TABLE 44 Brazil Eddy-current Testing Market by Service, 2022 - 2028, USD Million
- TABLE 45 Brazil Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
- TABLE 46 Brazil Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
- TABLE 47 Brazil Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
- TABLE 48 Brazil Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
- TABLE 49 Argentina Eddy-current Testing Market, 2018 - 2021, USD Million
- TABLE 50 Argentina Eddy-current Testing Market, 2022 - 2028, USD Million
- TABLE 51 Argentina Eddy-current Testing Market by Service, 2018 - 2021, USD Million
- TABLE 52 Argentina Eddy-current Testing Market by Service, 2022 - 2028, USD Million
- TABLE 53 Argentina Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
- TABLE 54 Argentina Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
- TABLE 55 Argentina Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
- TABLE 56 Argentina Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
- TABLE 57 UAE Eddy-current Testing Market, 2018 - 2021, USD Million
- TABLE 58 UAE Eddy-current Testing Market, 2022 - 2028, USD Million
- TABLE 59 UAE Eddy-current Testing Market by Service, 2018 - 2021, USD Million
- TABLE 60 UAE Eddy-current Testing Market by Service, 2022 - 2028, USD Million
- TABLE 61 UAE Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
- TABLE 62 UAE Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
- TABLE 63 UAE Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
- TABLE 64 UAE Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
- TABLE 65 Saudi Arabia Eddy-current Testing Market, 2018 - 2021, USD Million
- TABLE 66 Saudi Arabia Eddy-current Testing Market, 2022 - 2028, USD Million
- TABLE 67 Saudi Arabia Eddy-current Testing Market by Service, 2018 - 2021, USD Million
- TABLE 68 Saudi Arabia Eddy-current Testing Market by Service, 2022 - 2028, USD Million
- TABLE 69 Saudi Arabia Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
- TABLE 70 Saudi Arabia Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
- TABLE 71 Saudi Arabia Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
- TABLE 72 Saudi Arabia Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
- TABLE 73 South Africa Eddy-current Testing Market, 2018 - 2021, USD Million
- TABLE 74 South Africa Eddy-current Testing Market, 2022 - 2028, USD Million
- TABLE 75 South Africa Eddy-current Testing Market by Service, 2018 - 2021, USD Million
- TABLE 76 South Africa Eddy-current Testing Market by Service, 2022 - 2028, USD Million
- TABLE 77 South Africa Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
- TABLE 78 South Africa Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
- TABLE 79 South Africa Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
- TABLE 80 South Africa Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
- TABLE 81 Nigeria Eddy-current Testing Market, 2018 - 2021, USD Million
- TABLE 82 Nigeria Eddy-current Testing Market, 2022 - 2028, USD Million
- TABLE 83 Nigeria Eddy-current Testing Market by Service, 2018 - 2021, USD Million
- TABLE 84 Nigeria Eddy-current Testing Market by Service, 2022 - 2028, USD Million
- TABLE 85 Nigeria Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
- TABLE 86 Nigeria Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
- TABLE 87 Nigeria Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
- TABLE 88 Nigeria Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
- TABLE 89 Rest of LAMEA Eddy-current Testing Market, 2018 - 2021, USD Million
- TABLE 90 Rest of LAMEA Eddy-current Testing Market, 2022 - 2028, USD Million
- TABLE 91 Rest of LAMEA Eddy-current Testing Market by Service, 2018 - 2021, USD Million
- TABLE 92 Rest of LAMEA Eddy-current Testing Market by Service, 2022 - 2028, USD Million
- TABLE 93 Rest of LAMEA Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
- TABLE 94 Rest of LAMEA Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
- TABLE 95 Rest of LAMEA Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
- TABLE 96 Rest of LAMEA Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
- TABLE 97 key Information - Olympus Corporation
- TABLE 98 Key Information - Eddyfi Technologies
- TABLE 99 Key Information - ETher NDE LTD.
- TABLE 100 Key Information - Fidgeon Ltd.
- TABLE 101 Key Information - ibg NDT Systems Corporation
- TABLE 102 Key Information - Magnetic Analysis Corporation
- TABLE 103 Key Information - Mistras Group, Inc.
- TABLE 104 Key Information - TUV Rheinland AG
- TABLE 105 Key information - Ashtead Group PLC
- TABLE 106 Key Information - Waygate Technologies
List of Figures
- FIG 1 Methodology for the research
- FIG 2 Recent strategies and developments: Eddyfi Technologies
