Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography – 2024 to 2029

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OVERVIEW

The market size of the eddy current testing (ECT) is expected to reach USD 1.9 billion by 2024, rising at a CAGR of 8.7% between 2019 and 2024. The market provides detailed information on the dynamics of the market impacting the development of the market. Demand is growing all over the world as a result of government regulations on the overall safety of industrial infrastructure, the workers and the environment.

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 1

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 2

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 3

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 4

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 5

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 6

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 7

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 8

TABLE OF CONTENT

1 Global Eddy Current Testing Market
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope

2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Global Eddy Current Testing Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography

4 Global Eddy Current Testing Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis

5 Global Eddy Current Testing Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies

6 Global Eddy Current Testing Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Opportunities
6.2.3 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes

7 Global Eddy Current Testing Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)

8 Global Eddy Current Testing Market – By Technique (Market Size – & million/billion)
8.1 Conventional Eddy Current Testing
8.2 Remote Field Testing
8.3 Eddy Current Array
8.4 Pulsed Eddy Current Testing
8.5 Near-Field Testing
8.6 Near-Field Array

9 Global Eddy Current Testing Market – By Service
9.1 Inspection Services
9.2 Equipment Rental Services
9.3 Calibration Services
9.4 Training Services

10 Global Eddy Current Testing Market – By End-User
10.1 Manufacturing
10.2 Oil & Gas
10.3 Aerospace
10.4 Government Infrastructure & Public Safety
10.5 Automotive
10.6 Power Generation
10.7 Others

11 Global Eddy Current Testing Market – By Geography (Market Size – & million/billion)
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 U.K
11.3.2 Germany
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia-Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.4.5 Rest of APAC
11.5 Rest of the World
11.5.1 South America
11.5.2 Middle East
11.5.3 Africa

12 Global Eddy Current Testing Market – Entropy
12.1 New product launches
12.2 M&A’s, collaborations, JVs and partnerships

13 Global Eddy Current Testing Market Company Profile (Key Players)
13.1 Market Share, Company Revenue, Products, M&A, Developments
13.2 General Electric Company
13.3 Olympus Corporation
13.4 Ether NDE Limited
13.5 Ashtead Technology Inc.
13.6 Mistras Group Inc.
13.7 Magnetic Analysis Corporation Inc.
13.8 Eddyfi NDT Inc.
13.9 IBG NDT Systems Corporation
13.10 Fidgeon Limited
13.11 TUV Rheinland AG
13.12 Company 11 & more

14 Global Eddy Current Testing Market – Appendix
14.1 Sources
14.2 Abbreviations

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OVERVIEW

The market size of the eddy current testing (ECT) is expected to reach USD 1.9 billion by 2024, rising at a CAGR of 8.7% between 2019 and 2024. The market provides detailed information on the dynamics of the market impacting the development of the market. Demand is growing all over the world as a result of government regulations on the overall safety of industrial infrastructure, the workers and the environment.

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 9

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 10

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 11

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 12

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 13

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 14

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 15

Eddy Current Testing Market by Type (ACFM, RFT, Conventional Eddy Current, Pulsed Eddy Current, Eddy Current Array, Near-Field Array, Near-Field Testing, Partial Saturation Eddy Current), Vertical, Service, and Geography - 2024 to 2029 16

TABLE OF CONTENT

1 Global Eddy Current Testing Market
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope

2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Global Eddy Current Testing Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography

4 Global Eddy Current Testing Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis

5 Global Eddy Current Testing Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies

6 Global Eddy Current Testing Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Opportunities
6.2.3 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes

7 Global Eddy Current Testing Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)

8 Global Eddy Current Testing Market – By Technique (Market Size – & million/billion)
8.1 Conventional Eddy Current Testing
8.2 Remote Field Testing
8.3 Eddy Current Array
8.4 Pulsed Eddy Current Testing
8.5 Near-Field Testing
8.6 Near-Field Array

9 Global Eddy Current Testing Market – By Service
9.1 Inspection Services
9.2 Equipment Rental Services
9.3 Calibration Services
9.4 Training Services

10 Global Eddy Current Testing Market – By End-User
10.1 Manufacturing
10.2 Oil & Gas
10.3 Aerospace
10.4 Government Infrastructure & Public Safety
10.5 Automotive
10.6 Power Generation
10.7 Others

11 Global Eddy Current Testing Market – By Geography (Market Size – & million/billion)
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 U.K
11.3.2 Germany
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia-Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.4.5 Rest of APAC
11.5 Rest of the World
11.5.1 South America
11.5.2 Middle East
11.5.3 Africa

12 Global Eddy Current Testing Market – Entropy
12.1 New product launches
12.2 M&A’s, collaborations, JVs and partnerships

13 Global Eddy Current Testing Market Company Profile (Key Players)
13.1 Market Share, Company Revenue, Products, M&A, Developments
13.2 General Electric Company
13.3 Olympus Corporation
13.4 Ether NDE Limited
13.5 Ashtead Technology Inc.
13.6 Mistras Group Inc.
13.7 Magnetic Analysis Corporation Inc.
13.8 Eddyfi NDT Inc.
13.9 IBG NDT Systems Corporation
13.10 Fidgeon Limited
13.11 TUV Rheinland AG
13.12 Company 11 & more

14 Global Eddy Current Testing Market – Appendix
14.1 Sources
14.2 Abbreviations

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