Global Eddy Current Testing Solutions Market 2017-2021

  • ID: 4255065
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Andec
  • Arudra Engineers
  • Centurion NDT
  • ETher NDE
  • FO
  • MISTRAS
  • MORE
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.

The analysts forecast the global eddy current testing solutions market to grow at a CAGR of 10.23% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global eddy current testing solutions market for 2017-2021. To calculate the market size, the report considers the sales and services market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

This report, Global Eddy Current Testing Solutions Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors:

- GE
- MISTRAS
- Olympus
- Zetec

Other prominent vendors:

- Andec
- Applus+ RTD
- Arudra Engineers
- Ashtead Technology
- Centurion NDT
- Criterion NDT
- ETher NDE
- Fidgeon
- FOERSTER
- ibg NDT Systems
- Koslow Scientific Company
- Magnetic Analysis
- Marposs
- Oxford Instruments
- Rockwood Service
- TeamQualspec
- TEC Eurolab
- TÜV Rheinland
- TWI
- Verimation Technology

Market drivers:

- Rising investments in modernizing industrial facilities
- For a full, detailed list, view the full report

Market challenges:

- High initial cost of eddy current testing solutions
- For a full, detailed list, view the full report

Market trends:

- Increase in robotic inspection tools
- For a full, detailed list, view the full report

Key questions answered in this report:

- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report
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2 of 5

FEATURED COMPANIES

  • Andec
  • Arudra Engineers
  • Centurion NDT
  • ETher NDE
  • FO
  • MISTRAS
  • MORE
Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction
  • Market outline
Part 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation by techniques
  • Market overview
  • Global eddy current testing solutions market by pulsed eddy current testing
  • Global eddy current testing solutions market by array eddy current testing
  • Global eddy current testing solutions market by conventional eddy current testing
  • Global eddy current testing solutions market by others
Part 07: Market segmentation by end-user
  • Market overview
  • Global eddy current testing solutions market by oil and gas, and mining industries
  • Global eddy current testing solutions market by manufacturing industry
  • Global eddy current testing solutions market by power generation industry
  • Global eddy current testing solutions market by aerospace industry
  • Global eddy current testing solutions market by others
Part 08: Geographical segmentation
  • Market overview
  • Eddy current testing solutions market in Americas
  • Eddy current testing solutions market in EMEA
  • Eddy current testing solutions market in APAC
Part 09: Decision framework

Part 10: Drivers and challenges
  • Market drivers
  • Market challenges
Part 11: Market trends
  • Increase in robotic inspection tools
  • Development of customized solutions
  • Growing number of M&As
Part 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
Part 13: Key vendor analysis
  • GE
  • MISTRAS
  • Olympus
  • Zetec
Part 14: Appendix

List of abbreviations

List of Exhibits
Exhibit 01: Types of NDT
Exhibit 02: Major applications of eddy current testing
Exhibit 03: Limitations of eddy current testing
Exhibit 04: Advantages of eddy current testing
Exhibit 05: Market landscape
Exhibit 06: Market size and forecast of global eddy current testing solutions ($ billions)
Exhibit 07: Five forces analysis
Exhibit 08: Global eddy current testing solutions market by techniques 2016 and 2021 (%)
Exhibit 09: Global eddy current testing solutions market by pulsed eddy current testing 2016-2021 ($ billions)
Exhibit 10: Global eddy current testing solutions market by array eddy current testing 2016-2021 ($ billions)
Exhibit 11: Global eddy current testing solutions market by conventional eddy current testing 2016-2021 ($ billions)
Exhibit 12: Global eddy current testing solutions market by others 2016-2021 ($ billions)
Exhibit 13: Global eddy current testing solutions market by end-users 2016 and 2021 (%)
Exhibit 14: Global eddy current testing solutions market by oil and gas, and mining industries 2016-2021 ($ billions)
Exhibit 15: Global eddy current testing solutions market by manufacturing industry 2016-2021 ($ billions)
Exhibit 16: Global eddy current testing solutions market by power generation industry 2016-2021 ($ billion)
Exhibit 17: Global eddy current testing solutions market by aerospace industry 2016-2021 ($ billions)
Exhibit 18: Global eddy current testing solutions market by others 2016-2021 ($ billions)
Exhibit 19: Global eddy current testing solutions market by geography 2016 and 2021 (%)
Exhibit 20: Eddy current testing solutions market in the Americas 2016-2021 ($ billions)
Exhibit 21: Eddy current testing solutions market in EMEA 2016-2021 ($ billions)
Exhibit 22: Eddy current testing solutions market in APAC 2016-2021 ($ billions)
Exhibit 23: Recent M&As
Exhibit 24: Other prominent vendors
Exhibit 25: GE Measurement: Service Segments
Exhibit 26: GE: Eddy current testing product portfolio
Exhibit 27: GE: Key highlights
Exhibit 28: MISTRAS: Service segments
Exhibit 29: MISTRAS: Eddy current testing services portfolio
Exhibit 30: MISTRAS: Key highlights
Exhibit 31: Olympus: Service segments
Exhibit 32: Olympus: Eddy current testing solutions product portfolio
Exhibit 33: Olympus: Key highlights
Exhibit 34: Zetec: Service Segments
Exhibit 35: Zetec: Eddy current testing solutions product portfolio
Exhibit 36: Zetec: Key highlights
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FEATURED COMPANIES

  • Andec
  • Arudra Engineers
  • Centurion NDT
  • ETher NDE
  • FO
  • MISTRAS
  • MORE
New Research Report - Global Eddy Current Testing Solutions Market 2017-2021

The following companies are recognised as the key players in the global eddy current testing solutions market: GE, MISTRAS, Olympus, and Zetec.

Other Prominent Vendors in the market are: Andec, Applus+ RTD, Arudra Engineers, Ashtead Technology, Centurion NDT, Criterion NDT, ETher NDE, Fidgeon, FOERSTER, ibg NDT Systems, Koslow Scientific Company, Magnetic Analysis, Marposs, Oxford Instruments, Rockwood Service, TeamQualspec, TEC Eurolab, TÜV Rheinland, TWI, and Verimation Technology.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is increase in robotic inspection tools. Key companies in eddy current testing solutions such as GE and Olympus are investing in research and development (R&D) to create robots to perform remote inspection services. Robotic technologies are a key segment for the eddy current testing solutions as they enhance the quality and reduce the time. The DIRIS robot provides Alinta Energy with advanced robotic instrumentation and tooling, which allows a reliable and faster remote inspection of turbo-generators.”

According to the report, one of the major drivers for this market is rising investments in modernizing industrial facilities. Modernizing plant facilities to incorporate automation has become an essential aspect of any manufacturing process. Modern equipment and control technologies in factories and industries ensure that all activities and sub-processes are streamlined, efficient, and faster. Emerging trends in automation are expected to shape the competitive landscape of the global NDT sector. At present, manufacturers are investing a reasonable share of their annual budgets into technologies and the quality inspection that can modernize the manufacturing setup to yield faster and better returns in future.

Further, the report states that one of the major factors hindering the growth of this market is high initial cost of eddy current testing solutions. The high initial cost of eddy current inspection tool ranging from $12,000 to as high as $100,000 is a major challenge while adopting the technology. This will hamper the market growth. Apart from equipment costs, there are certain accessories and add-ons, along with maintenance costs in terms of servicing, electricity, and upgrades that significantly add to the overall expenditure. The high cost associated with training specialists and operators is also a major challenge hindering the market growth.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • GE
  • MISTRAS
  • Olympus
  • Zetec
  • Andec
  • Applus+ RTD
  • Arudra Engineers
  • Ashtead Technology
  • Centurion NDT
  • Criterion NDT
  • ETher NDE
  • Fidgeon
  • FO
Note: Product cover images may vary from those shown
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