TMCnet News
Eddy Current Testing Market Worth 1,682.9 Million USD by 2022PUNE, India, August 19, 2016 /PRNewswire/ -- According to the new market research report "Eddy Current Testing Market by Type (Conventional Eddy Current, ACFM, RFT, Eddy Current Array, Pulsed Eddy Current, Near-Field Testing, Near-Field Array, Partial Saturation Eddy Current), Service, Vertical, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market is expected to be worth USD 1,682.9 Million by 2022, growing at a CAGR of 9.82% between 2016 and 2022. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 72 market data Tables and 57 Figures spread through 156 Pages and in-depth TOC on "Eddy Current Testing Market" http://www.marketsandmarkets.com/Market-Reports/eddy-current-testing-market-47908998.html Factors which are driving this market include advancements in eddy current testing technologies encouraging customers to adopt this technique, safety regulations by governments and increasing infrastructure development in emerging economies. Conventional eddy current testing technique to hold the largest share of the market Conventional eddy current testing is expected to lead the market between 2016 and 2022. Conventional eddy current testing is a fast, reliable, and versatile method of inspection. It is used for defect detection as well as for thickness measurement of conductive materials. Market for the manufacturing vertical expected to grow at the highest rate The Eddy Current Testing Market for the manufacturing vertical is expected to grow rapidly during the forecast period. This sector is expected to be driven by government policies and safety awareness for eddy current testing. The increasing demand for consumer durable goods and electronic equipment would raise the need for inspection. North America expected to hold the largest market share during the forecast period North America has been a leading player in this market. The oil ≈ gas vertical accounted for the largest share of the market in North America. Inspection is majorly performed for the maintenance of oil & gas pipelines and other refinery equipment. The power generation vertical is another key player for ECT in North America. The U.S. held the largest market share in 2015 and is expected to be the leading player in this market. Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=47908998 The key players in the market include General Electric Company (U.S.), Olympus Corporation (Japan), Ashtead Technology Ltd. (U.K.), Mistras Group Inc. (U.S.), Eddyfi NDT Inc. (Canada), Ether NDE Limited (U.K.), Zetec Inc. (U.S.), TUV Rheinland AG (Germany), Ibg NDT System Corporation (U.S.), Fidgeon Limited (U.K.), Magnetic Analysis Corporation Inc. (USA) among others. Browse Related Reports Non-Destructive Testing and Inspection Market by Technique (Visual Testing, Magnetic Particle, Liquid Penetrant, Eddy Current, Ultrasonic, Radiographic, Acoustic Emission, Terahertz Imaging), Service, Vertical, and Geography - Global Forecast to 2022 Terahertz Technology Market by Type (Terahertz Imaging, Terahertz Spectroscopy, and Terahertz Communication Systems), Technology (Terahertz Source and Terahertz Detector), Application & Region - Analysis & Forecast to 2022
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp About MarketsandMarkets MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors 
|