Eddy current testing is a technique that is used to detect flaws, conductivity, and corrosion on the surface of the conductive material from the workpiece. The results/readings are assimilated and provided to the user through a monitor that is connected to the testing device.
To go on par with technology, the industries are shifting toward modernizing plant facilities through automation. The inclusion of modern equipment and technologies can deliver an agile and seamless processing for industries. To optimize their existing infrastructure, the manufacturers are investing heavily in innovations for better and profitable returns in the future. Owing to its various benefits including simplicity, cost, and operational properties and the increasing need to improve efficiency and minimize the product lead time, industries will start using eddy current inspection systems for various applications, which will subsequently drive the growth of the market.
The eddy current testing solutions market is characterized by the presence of well-established players. The market is competitive and vendors in the market compete on factors such as product features, prices, customized solutions, and inspections services offered. To retain their strong foothold in the eddy current testing equipment market, the established vendors are focusing on enhancing their geographical presence, increasing their production capacities, and upselling products by upgrading the existing technology.
In 2019, the market size of Eddy Current Testing Solutions is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Eddy Current Testing Solutions.
This report studies the global market size of Eddy Current Testing Solutions, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Eddy Current Testing Solutions production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
GE
MISTRAS
Olympus
Zetec
Andec
Applus+ RTD
Arudra Engineers
Ashtead Technology
Centurion NDT
Criterion NDT
ETher NDE
Fidgeon
FO
Market Segment by Product Type
Pulsed
Array
Conventional
Others
Market Segment by Application
Oil and gas, and mining industries
Manufacturing industry
Power generation industry
Aerospace industry
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Eddy Current Testing Solutions status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Eddy Current Testing Solutions manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Eddy Current Testing Solutions are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on EddyCurrentTestingSolutions. Industry analysis & Market Report on EddyCurrentTestingSolutions is a syndicated market report, published as Global (United States, European Union and China) Eddy Current Testing Solutions Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of EddyCurrentTestingSolutions market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.