Eddy Current Testing Market 2016 Industry Trend and Forecast 2024

Eddy current testing or ECT is a testing technique that has its roots in electromagnetism. Making use of non-destructive testing, it is used in non-destructive testing in a bid to characterize surface and detect sub-surface flaws in conductive materials. The main applications of ECT include tubing inspections and surface inspection. This sensitive technique can locate tight cracks of various types of surface. Surface inspection can be done on both non-ferromagnetic and ferromagnetic materials. The application of tubing inspection, however, is confined to non-ferromagnetic materials.

Some of the major players of the high voltage ECT market are:
Mistras Group Inc. (U.S.),Magnetic Analysis Corporation Inc. (USA) ,Ashtead Technology Ltd. (U.K.), Ether NDE Limited (U.K.), Zetec Inc. (U.S.),  Olympus Corporation Fidgeon Limited (U.K.), General Electric Company (U.S.), Ibg NDT System Corporation (U.S.), Eddyfi NDT Inc. (Canada), (Japan), TUV Rheinland AG (Germany) amongst many others.

Get sample copy of at:  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=19532

The factors that are driving this market are advancements in eddy testing technologies. The development in this technology has encouraged customers to adopt this technology. Increasing infrastructural development and safety regulations by government in emerging economies are responsible for the growth of the market. However, since ECT is electrical in nature, it’s usage is limited to conductive material. There are also physical limits pertaining to the generation of eddy currents and depth of penetration.

The market is segmented by technique, service, end-use and by region. By technique, the market is divided into conventional eddy current, remote field testing, alternating current field, eddy current array and others. By service, the market is segmented into inspection services, equipment rental services, calibration services, training services. The market is also segmented by end-use industry namely oil and gas, manufacturing, aerospace, automotive, power generation and others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

Have any query? Inquiry about report at:  https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=19532

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

Contact:

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Email: [email protected]
Website: https://www.transparencymarketresearch.com