According to a new report published by Allied Market Research, titled, “Eddy-current Testing Market,” The eddy-current testing market was valued at $964.45 million in 2020 and is estimated to reach $2.3 billion by 2030, growing at a CAGR of 9.5% from 2022 to 2030.
Eddy-current Testing Market
According to Allied Market Research, the global Eddy-current Testing marketis expected to showcase remarkable growth during the forecast period. The report includes a detailed study of the Eddy-current Testing market size, market trends, prime market players, sales analysis, major driving factors, and prime investment pockets. The global Eddy-current Testing market report covers an overview of the market and outlines market definition and scope. The ongoing technological developments and surge in demand have an influential effect on the market growth. Furthermore, the report provides a quantitative and qualitative analysis of the Eddy-current Testing market, outlines the pain point analysis, value chain analysis, and key regulations.
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Moreover, the study provides Porter’s five forces model, along with portfolio and financial analysis and business overview of services and products. The report outlines market segmentation and growth analysis of the top 10 market players that are currently active in the Eddy-current Testing industry. The report also contains information and statistics, tables and figures that are used in strategic planning for the company’s success.
The report covers brief analysis of the impact of the Covid-19 outbreak on the Eddy-current Testing Market. The prolonged lockdown and disrupted supply chain across coupled with strict restrictions on international trade have a severe impact on the Eddy-current Testing Market growth. The Covid-19 pandemic increased the prices of raw materials and changed customer preferences.
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Key Market Segments:
Type
- Alternating Current Field Measurement
- Eddy Current Array
- Others
- Conventional Eddy Current Testing
- Remote Field Testing
Claim Type
- Inspection Services
- Equipment Rental Services
- Caliberation Services
- Training Services
Application
- Manufacturing
- Oil and Gas
- Automotive
- Power Generation
- Government Infrastructure and Public Safety
- Others
By Region
- North America (U.S., Canada, Mexico)
- Europe (U.K., Germany, France, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
- LAMEA (Latin America, Middle East, Africa)
Key Market Players :
Ashtead Technology Ltd, Eddyfi NDT Inc, Ether NDE Limited, Fidgeon Limited, General Electric Company, Ibg NDT System Corporation, Magnetic Analysis Corporation, Mistras Group Inc, Olympus Corporation, TUV Rheinland AG
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A thorough analysis of every segment helps to make strategic decisions and make profitable investments in the future. Furthermore, it helps market players to gain a competitive edge. The Eddy-current Testing Market analysis of segment and sub-segment is offered in graphical and tabular formats. This study is vital to understanding the highest revenue-generating and fasting-growing segments of the market. The global Eddy-current Testing Market report offers a thorough study of the major market players that are currently dominating the industry. The report includes the production, sales, and revenue analysis of these companies. These companies have adopted various business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain market position.
The report will include highlights of the overall market which includes Frequently Asked Questions [FAQs] such as:
Q1. What are the upcoming trends in the Eddy-current Testing Market in the world?
Q2. What is the leading application of the Eddy-current Testing Market?
A. The manufacturing sector is the leading application of the Eddy-current Testing Market.
Q3. Which is the largest regional market for Eddy-current Testing?
Q4. What is the estimated industry size of Eddy-current Testing?
Q5. Which are the top companies to hold the market share in Eddy-current Testing?
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