Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Eddy Current NDT Equipment Market to Reach US$ 537.9 Mn by 2026 - Persistence Market Research


News provided by

Persistence Market Research Pvt. Ltd.

30 Apr, 2018, 08:30 GMT

Share this article

Share toX

Share this article

Share toX

NEW YORK, April 30, 2018 /PRNewswire/ --

Increasing Number of Oil and Gas Refineries to Fuel the Growth of Eddy Current NDT Equipment Market through to 2026

This image opens in the lightbox
Persistence Market Research (PRNewsfoto/Persistence Market Research Pvt.)

Owing to the increasing adoption of inspection technology in sectors like power generation, oil and gas, automotive and aerospace, a huge market has development for eddy current NDT equipment in the North America region. With the presence of key manufacturers and increasing demand for electric vehicles, there is likely to a spur in the demand of automotive testing equipment.

     (Logo: https://mma.prnewswire.com/media/661339/Persistence_Market_Research.jpg )

Major aircraft manufacturers such as Boeing Inc. and Airbus have their manufacturing plants in North America and accounts for more than eighty percent of aircraft production all over the world. In addition, the air transport sector supported 6.2 million jobs and contributed US$ 654.2 billion to GDP in North America.

As the aerospace industry keeps on growing in the region, it is likely to generate a huge demand for NDT equipment market. These are some of the important findings in the latest research report released by Persistence Market Research which is titled as 'Eddy Current NDT Equipment Market: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2026'.

Eddy Current NDT Equipment Market Research Report Overview @ https://www.persistencemarketresearch.com/market-research/eddy-current-ndt-equipment-market.asp

This research report presents an in-depth assessment of the global eddy current NDT equipment market and provides a comprehensive overview of the various segments of this market and the various regions where this market is growing at a brisk pace. As per the numbers provided in this research report, the global eddy current NDT equipment market is estimated to be valued at US$ 324.6 Mn in 2018 and is forecasted to reach a valuation of US$ 537.9 Mn in 2026, exhibiting a CAGR of 6.5% during the period of forecast 2018-2026.

Global Eddy Current NDT Equipment Market: Dynamics 

Governments in the developed countries such as United States, Canada, Germany and many others are focusing on ensuring a safe working environment for the workers. Keeping this in mind, governments are enforcing the laws for the generation and maintenance of the safe environment at the workplaces, especially the ones which involve the use of machines. The heavy duty machines used in various types of industry verticals such as manufacturing, automotive, aerospace and others have a lot of scope for implementing stringent safety measures.

The number of accidents causing physical injuries to the floor workers are increasing day by day. Sometimes, such kind of accidents are fatal as well. Hence, in order to ensure the safety at the factories, governments across the world are implementing the laws for ensuring the human and process safety at the workplace. Due to such a scenario, there is an increasing demand for eddy current NDT equipment for the purpose of ensuring a safe working environment.

Request Sample Report @ https://www.persistencemarketresearch.com/samples/22759

With increasing globalization, the competition for the machine safety product manufacturers is increasing all over the world. Also, this type of competition is getting increasingly fueled by the overseas market participants. All the manufacturers are competing against each other as well as with the foreign players in the machine safety product market for acquiring a dominant position in the market.

However, due to such cut-throat competition, there is a negative impact on the price setting strategy. Hence, the manufacturers are forced to deliver quality products at low prices and this is a major challenge faced by manufacturers for sustaining in the eddy current NDT equipment market.

Global Eddy Current NDT Equipment Market: Segmentation and Forecast 

The global eddy current NDT equipment market is segmented on the basis of equipment type, technology, application, end-use industry and by region; Inline Testing Equipment is projected to reach a market value of US$ 16.4 Mn by 2026 end; Measurement segment was valued at US$ 54.7 Mn in 2017 end.

Array scanning based technology is growing at a significant CAGR and is an emerging technology owing to its reduced inspection time; Transportation segment to account for 65.3% of the market value share in 2018; The North America eddy current NDT equipment market was valued at US$ 123.2 Mn in 2017 and is projected to exhibit a CAGR of 6.5% during the period of assessment.

Download and View Report TOC, Figures and Tables @ https://www.persistencemarketresearch.com/market-research/eddy-current-ndt-equipment-market/toc

Global Eddy Current NDT Equipment Market: Competition Landscape 

This report profiles some of the important players operating in the global eddy current NDT equipment market in the competition landscape section. Some of the companies that have been profiled include Olympus Corporation, General Electric, Foerster Holding GmbH, Magnetic Analysis Corporation, Eddyfi NDT Inc., IMG Utrasuoni Srl, Ashtead Technology, Fischer Technology Inc., Ether NDE, Uniwest Corporation, Rohmann Corporation, Thermo Fisher Scientific Inc., Criterion NDT, Inc., Zetec, Inc. and Ibg NDT System Corporation.

Get full Report Now https://www.persistencemarketresearch.com/checkout/22759

Persistence Market Research Overview 

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact
Persistence Market Research
U.S. Sales Office:
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA - Canada Toll-Free: 800-961-0353
Email: sales@persistencemarketresearch.com

PMR Latest News:https://www.persistencemarketresearch.com/news

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.