The North America Eddy-current Testing Market would witness market growth of 9.2% CAGR during the forecast period (2022-2028).
The abilities of an eddy current testing are influenced by a number of elements. Eddy currents passes through materials with higher conductivity values would be more sensitive to surface flaws but it would penetrate the material less deeply, with penetration also being affected by test frequency. Higher test frequencies improve near-surface resolution while limiting penetration depth, whereas lower test frequencies improve penetration depth. Because the magnetic field goes deeper into the test piece, larger coils inspect a larger volume of material from any given position, but smaller coils are more sensitive to small faults.
While the test material's conductivity and permeability are outside the operator's command, the test frequency, coil type, and coil size can all be chosen based on the test requirements. The probe type would dictate resolution, while material and equipment features would control detection capabilities. Some inspections need scanning through numerous frequencies to optimize results, or multiple probes to achieve the best resolution and penetration required to detect all probable faults. To enhance test performance, it's critical to choose the proper probe for each application.
Eddy's current probes and equipment are available in a range of combinations. For convenient transportation, eddy scopes and a resistivity tester are packaged in tiny, battery-operated systems. There are also computer-based solutions that allow for easy data manipulation in the laboratory. Trend removal, background subtraction, and noise reduction are all examples of signal processing software. In some cases, impedance analyzers are employed to improve quantitative eddy-current measurements. Multidimensional scanning capabilities are employed in some laboratories to create images of the scan zones. There are a few transportable scanning devices available for specific uses, such as scanning fuselage sections.
The US market dominated the North America Eddy-current Testing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $461.6 million by 2028. The Canada market is estimated to grow at a CAGR of 11.7% during (2022 - 2028). Additionally, The Mexico market would display a CAGR of 10.7% during (2022 - 2028).
Based on Service, the market is segmented into Inspection Services, Equipment Rental Services, Training Services, and Caliberation Services. Based on Technique, the market is segmented into Conventional Eddy Current Testing, Eddy Current Array, Alternating Current Field Measurement, Remote Field Testing, and Others. Based on Industry, the market is segmented into Manufacturing, Automotive, Power Generation, Government Infrastructure & Public Safety, Oil & Gas, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Eddy-current Testing Market is Estimated to reach $1.8 Billion by 2028, at a CAGR of 9.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Olympus Corporation, Eddyfi Technologies, ETher NDE Ltd., Fidgeon Ltd., ibg NDT Systems Corporation, Magnetic Analysis Corporation, Mistras Group, Inc., TÜV Rheinland AG, Ashtead Group PLC, and Waygate Technologies.
Scope of the Study
Market Segments Covered in the Report:
By Service
- Inspection Services
- Equipment Rental Services
- Training Services
- Caliberation Services
By Technique
- Conventional Eddy Current Testing
- Eddy Current Array
- Alternating Current Field Measurement
- Remote Field Testing
- Others
By Industry
- Manufacturing
- Automotive
- Power Generation
- Government Infrastructure & Public Safety
- Oil & Gas
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Olympus Corporation
- Eddyfi Technologies
- ETher NDE Ltd.
- Fidgeon Ltd.
- ibg NDT Systems Corporation
- Magnetic Analysis Corporation
- Mistras Group, Inc.
- TÜV Rheinland AG
- Ashtead Group PLC
- Waygate Technologies
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Eddy-current Testing Market, by Service
1.4.2 North America Eddy-current Testing Market, by Technique
1.4.3 North America Eddy-current Testing Market, by Industry
1.4.4 North America Eddy-current Testing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Eddy-current Testing Market
Chapter 4. North America Eddy-current Testing Market by Service
4.1 North America Inspection Services Market by Country
4.2 North America Equipment Rental Services Market by Country
4.3 North America Training Services Market by Country
4.4 North America Caliberation Services Market by Country
Chapter 5. North America Eddy-current Testing Market by Technique
5.1 North America Conventional Eddy Current Testing Market by Country
5.2 North America Eddy Current Array Market by Country
5.3 North America Alternating Current Field Measurement Market by Country
5.4 North America Remote Field Testing Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Eddy-current Testing Market by Industry
6.1 North America Manufacturing Market by Country
6.2 North America Automotive Market by Country
6.3 North America Power Generation Market by Country
6.4 North America Government Infrastructure & Public Safety Market by Country
6.5 North America Oil & Gas Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Eddy-current Testing Market by Country
7.1 US Eddy-current Testing Market
7.1.1 US Eddy-current Testing Market by Service
7.1.2 US Eddy-current Testing Market by Technique
7.1.3 US Eddy-current Testing Market by Industry
7.2 Canada Eddy-current Testing Market
7.2.1 Canada Eddy-current Testing Market by Service
7.2.2 Canada Eddy-current Testing Market by Technique
7.2.3 Canada Eddy-current Testing Market by Industry
7.3 Mexico Eddy-current Testing Market
7.3.1 Mexico Eddy-current Testing Market by Service
7.3.2 Mexico Eddy-current Testing Market by Technique
7.3.3 Mexico Eddy-current Testing Market by Industry
7.4 Rest of North America Eddy-current Testing Market
7.4.1 Rest of North America Eddy-current Testing Market by Service
7.4.2 Rest of North America Eddy-current Testing Market by Technique
7.4.3 Rest of North America Eddy-current Testing Market by Industry
Chapter 8. Company Profiles
8.1 Olympus Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.2 Eddyfi Technologies
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Product Launches and Product Expansions:
8.2.2.2 Acquisition and Mergers:
8.3 ETher NDE Ltd.
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Product Launches and Product Expansions:
8.4 Fidgeon Ltd. (Rohmann GmbH)
8.4.1 Company Overview
8.5 ibg NDT Systems Corporation
8.5.1 Company Overview
8.6 Magnetic Analysis Corporation
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Acquisition and Mergers:
8.7 Mistras Group, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.8 TÜV Rheinland AG
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Geographical Expansions:
8.9 Ashtead Group PLC
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.10. Waygate Technologies (Baker Hughes Company)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Eddy-current Testing Market, 2018 - 2021, USD Million
TABLE 2 North America Eddy-current Testing Market, 2022 - 2028, USD Million
TABLE 3 North America Eddy-current Testing Market by Service, 2018 - 2021, USD Million
TABLE 4 North America Eddy-current Testing Market by Service, 2022 - 2028, USD Million
TABLE 5 North America Inspection Services Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Inspection Services Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Equipment Rental Services Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Equipment Rental Services Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Training Services Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Training Services Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Caliberation Services Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Caliberation Services Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
TABLE 14 North America Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
TABLE 15 North America Conventional Eddy Current Testing Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Conventional Eddy Current Testing Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Eddy Current Array Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Eddy Current Array Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Alternating Current Field Measurement Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Alternating Current Field Measurement Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Remote Field Testing Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Remote Field Testing Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
TABLE 26 North America Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
TABLE 27 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Automotive Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Automotive Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Power Generation Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Power Generation Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Government Infrastructure & Public Safety Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Government Infrastructure & Public Safety Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Eddy-current Testing Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Eddy-current Testing Market by Country, 2022 - 2028, USD Million
TABLE 41 US Eddy-current Testing Market, 2018 - 2021, USD Million
TABLE 42 US Eddy-current Testing Market, 2022 - 2028, USD Million
TABLE 43 US Eddy-current Testing Market by Service, 2018 - 2021, USD Million
TABLE 44 US Eddy-current Testing Market by Service, 2022 - 2028, USD Million
TABLE 45 US Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
TABLE 46 US Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
TABLE 47 US Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
TABLE 48 US Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
TABLE 49 Canada Eddy-current Testing Market, 2018 - 2021, USD Million
TABLE 50 Canada Eddy-current Testing Market, 2022 - 2028, USD Million
TABLE 51 Canada Eddy-current Testing Market by Service, 2018 - 2021, USD Million
TABLE 52 Canada Eddy-current Testing Market by Service, 2022 - 2028, USD Million
TABLE 53 Canada Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
TABLE 54 Canada Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
TABLE 55 Canada Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
TABLE 56 Canada Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
TABLE 57 Mexico Eddy-current Testing Market, 2018 - 2021, USD Million
TABLE 58 Mexico Eddy-current Testing Market, 2022 - 2028, USD Million
TABLE 59 Mexico Eddy-current Testing Market by Service, 2018 - 2021, USD Million
TABLE 60 Mexico Eddy-current Testing Market by Service, 2022 - 2028, USD Million
TABLE 61 Mexico Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
TABLE 62 Mexico Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
TABLE 63 Mexico Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
TABLE 64 Mexico Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
TABLE 65 Rest of North America Eddy-current Testing Market, 2018 - 2021, USD Million
TABLE 66 Rest of North America Eddy-current Testing Market, 2022 - 2028, USD Million
TABLE 67 Rest of North America Eddy-current Testing Market by Service, 2018 - 2021, USD Million
TABLE 68 Rest of North America Eddy-current Testing Market by Service, 2022 - 2028, USD Million
TABLE 69 Rest of North America Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
TABLE 70 Rest of North America Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
TABLE 71 Rest of North America Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
TABLE 72 Rest of North America Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
TABLE 73 key Information – Olympus Corporation
TABLE 74 Key Information – Eddyfi Technologies
TABLE 75 Key Information – ETher NDE LTD.
TABLE 76 Key Information – Fidgeon Ltd.
TABLE 77 Key Information – ibg NDT Systems Corporation
TABLE 78 Key Information – Magnetic Analysis Corporation
TABLE 79 Key Information – Mistras Group, Inc.
TABLE 80 Key Information – TÜV Rheinland AG
TABLE 81 Key information – Ashtead Group PLC
TABLE 82 Key Information – Waygate Technologies
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Eddyfi Technologies