The global Eddy Current NDT Equipment market was valued at 31.84 Million USD in 2021 and will grow with a CAGR of 5.55% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Eddy-current testing (also commonly seen as eddy current testing and ECT) is one of many electromagnetic testing methods used in nondestructive testing (NDT) making use of electromagnetic induction to detect and characterize surface and sub-surface flaws in conductive materials.Factory automation is at its peak in North America. Not only in the United States, but also in Canada, there has been a significant growth in the quantum of factory automation. This has boost the eddy current NDT equipment market, since the process of automating a factory involves the imposition of various kinds of safety standards that are levied by the governments in North America.

By Market Verdors:

Olympus

General Electric

Foerster

PRUFTECHNIK

Eddyfi

Zetec

UniWest

Rohmann

Magnetic Analysis

Ibg Prufcomputer GmbH

By Types:

Portable eddy current NDT Equipment

Desktop eddy current NDT Equipment

By Applications:

Oil & Gas

Defense and aerospace

Industrial manufacturing

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

Besides the standard structure reports, we also provide custom research according to specific requirements.