The global demand for Electromagnetic NDT Market is presumed to reach the market size of nearly USD 439.53 MN by 2030 from USD 256.46 MN in 2022 with a CAGR of 8% under the study period 2023 - 2030.
Electromagnetic NDT refers to NDT testing using electric currents, magnetic fields, or both to monitor the electromagnetic response. An object's quality is evaluated across its entire lifecycle using electromagnetic NDT.
The fundamental idea behind how Electromagnetic NDT operates is to produce an electric current or magnetic field into a conductor, after which the material's reaction to the induced current is assessed. These methods are frequently employed to identify and quantify flaws, thickness, electrical conductivity, bond or weld quality, and detect metals or rebar presence.
The market for electromagnetic NDT is driven by strict government rules about safety and environmental challenges. The rise of the electromagnetic NDT market is expected to be fueled by the increased demand from sectors including industrial, oil & gas, automotive, and aerospace, primarily to ensure product reliability, maintain a consistent quality standard, and cut production costs. Enhanced sensitivity to tiny fractures, effective surface and near-surface defect detection, and the need for little component preparation are just a few of the key drivers propelling the growth of the electromagnetic NDT market. However, the high equipment cost and scarcity of experts in the field limit the growth of the electromagnetic NDT market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of electromagnetic ndt. The growth and trends of electromagnetic ndt industry provide a holistic approach to this study.
This section of the electromagnetic ndt market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
This section covers the regional outlook, which accentuates current and future demand for the Electromagnetic NDT market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the electromagnetic ndt market include General Electric, Olympus Corporation, NDT Technologies, Institut Dr. Foerster GmbH & Co. KG, Zetec Inc., Magnetic Analysis Corporation and Eddyfi. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . ELECTROMAGNETIC NDT – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
6 . GLOBAL ELECTROMAGNETIC NDT MARKET ANALYSIS BY TYPE
6.1 Overview by Type
6.2 Historical and Forecast Data
6.3 Analysis by Type
6.4 Eddy Current Testing Historic and Forecast Sales by Regions
6.5 Alternating Current Field Measurement (ACFM) Historic and Forecast Sales by Regions
6.6 Remote Field Testing (RFT) Historic and Forecast Sales by Regions
6.7 Others (Barkhausen Noise Analysis (BNA) method, Ground Penetrating Radar (GPR) and Magnetic Resonance Imaging (MRI)) Historic and Forecast Sales by Regions
7 . GLOBAL ELECTROMAGNETIC NDT MARKET ANALYSIS BY GEOGRAPHY
7.1. Regional Outlook
7.2. Introduction
7.3. North America Sales Analysis
7.3.1. Overview, Historic and Forecast Sales Analysis
7.3.2. North America By Segment Sales Analysis
7.3.3. North America By Country Sales Analysis
7.3.4. United State Sales Analysis
7.3.5. Canada Sales Analysis
7.3.6. Mexico Sales Analysis
7.4. Europe Sales Analysis
7.4.1. Overview, Historic and Forecast Sales Analysis
7.4.2. Europe by Segment Sales Analysis
7.4.3. Europe by Country Sales Analysis
7.4.4. United Kingdom Sales Analysis
7.4.5. France Sales Analysis
7.4.6. Germany Sales Analysis
7.4.7. Italy Sales Analysis
7.4.8. Russia Sales Analysis
7.4.9. Rest Of Europe Sales Analysis
7.5. Asia Pacific Sales Analysis
7.5.1. Overview, Historic and Forecast Sales Analysis
7.5.2. Asia Pacific by Segment Sales Analysis
7.5.3. Asia Pacific by Country Sales Analysis
7.5.4. China Sales Analysis
7.5.5. India Sales Analysis
7.5.6. Japan Sales Analysis
7.5.7. South Korea Sales Analysis
7.5.8. Australia Sales Analysis
7.5.9. Rest Of Asia Pacific Sales Analysis
7.6. Latin America Sales Analysis
7.6.1. Overview, Historic and Forecast Sales Analysis
7.6.2. Latin America by Segment Sales Analysis
7.6.3. Latin America by Country Sales Analysis
7.6.4. Brazil Sales Analysis
7.6.5. Argentina Sales Analysis
7.6.6. Peru Sales Analysis
7.6.7. Chile Sales Analysis
7.6.8. Rest of Latin America Sales Analysis
7.7. Middle East & Africa Sales Analysis
7.7.1. Overview, Historic and Forecast Sales Analysis
7.7.2. Middle East & Africa by Segment Sales Analysis
7.7.3. Middle East & Africa by Country Sales Analysis
7.7.4. Saudi Arabia Sales Analysis
7.7.5. UAE Sales Analysis
7.7.6. Israel Sales Analysis
7.7.7. South Africa Sales Analysis
7.7.8. Rest Of Middle East And Africa Sales Analysis
8 . COMPETITIVE LANDSCAPE OF THE ELECTROMAGNETIC NDT COMPANIES
8.1. Electromagnetic Ndt Market Competition
8.2. Partnership/Collaboration/Agreement
8.3. Merger And Acquisitions
8.4. New Product Launch
8.5. Other Developments
9 . COMPANY PROFILES OF ELECTROMAGNETIC NDT INDUSTRY
9.1. Top Companies Market Share Analysis
9.2. Market Concentration Rate
9.3. General Electric
9.3.1. Company Overview
9.3.2. Company Revenue
9.3.3. Products
9.3.4. Recent Developments
9.4. Olympus Corporation
9.4.1. Company Overview
9.4.2. Company Revenue
9.4.3. Products
9.4.4. Recent Developments
9.5. NDT Technologies
9.5.1. Company Overview
9.5.2. Company Revenue
9.5.3. Products
9.5.4. Recent Developments
9.6. Institut Dr. Foerster GmbH & Co. KG
9.6.1. Company Overview
9.6.2. Company Revenue
9.6.3. Products
9.6.4. Recent Developments
9.7. Zetec Inc.
9.7.1. Company Overview
9.7.2. Company Revenue
9.7.3. Products
9.7.4. Recent Developments
9.8. Magnetic Analysis Corporation
9.8.1. Company Overview
9.8.2. Company Revenue
9.8.3. Products
9.8.4. Recent Developments
9.9. Eddyfi.
9.9.1. Company Overview
9.9.2. Company Revenue
9.9.3. Products
9.9.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
LIST OF FIGURES
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
Avail customized purchase options to meet your exact research needs: