Dublin, Nov. 20, 2019 (GLOBE NEWSWIRE) -- The "Eddy Current Testing - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Eddy Current Testing market worldwide is projected to grow by US$993.1 Million, driven by a compounded growth of 9.5%.
Conventional Eddy Current Testing, one of the segments analyzed and sized in this study, displays the potential to grow at over 11.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$596.4 Million by the year 2025, Conventional Eddy Current Testing will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 8.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$40.3 Million to the region's size and clout in the next 5 to 6 years. Over US$71.1 Million worth of projected demand in the region will come from other emerging Eastern European markets.
In Japan, Conventional Eddy Current Testing will reach a market size of US$21.7 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 12.6% over the next couple of years and add approximately US$241.7 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include the following, among others:
- Ashtead Technology Ltd. (United Kingdom)
- Eddyfi NDT Inc. (Canada)
- Ether NDE Ltd (United Kingdom)
- Fidgeon Ltd (United Kingdom)
- General Electric Company (USA)
- ibg NDT Systems Corporation (USA)
- Magnetic Analysis Corporation Inc. (USA)
- Mistras Group, Inc. (USA)
- Olympus Corporation (Japan)
- TUV Rheinland AG (Germany)
- Zetec Inc. (USA)
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Eddy Current Testing Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Global Competitor Market Shares by Segment
- Conventional Eddy Current Testing (Technique) Global Competitor Market Share Positioning for 2019 & 2025
- Remote Field Testing (Technique) Market Share Breakdown of Key Players: 2019 & 2025
- Alternating Current Field Measurement (Technique) Competitor Revenue Share (in %): 2019 & 2025
- Eddy Current Array (Technique) Market Share Shift by Company: 2019 & 2025
- Pulsed Eddy Current Testing (Technique) Global Competitor Market Share Positioning for 2019 & 2025
- Near-Field Testing (Technique) Market Share Breakdown of Key Players: 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Eddy Current Testing Market Share (in %) by Company: 2019 & 2025
- Conventional Eddy Current Testing (Technique) Market Share Analysis (in %) of Leading Players in the US for 2019 & 2025
- Remote Field Testing (Technique) Competitor Revenue Share (in %) in the US: 2019 & 2025
- Alternating Current Field Measurement (Technique) Market Share Breakdown (in %) of Major Players in the US: 2019 & 2025
- Eddy Current Array (Technique) Market in the US: Percentage Breakdown of Revenues by Company for 2019 & 2025
- Pulsed Eddy Current Testing (Technique) Competitor Market Share Breakdown (in %) in the US for 2019 & 2025
- Near-Field Testing (Technique) Market: Revenue Share Breakdown (in %) of Key Players in the US: 2019 & 2025
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Eddy Current Testing Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Conventional Eddy Current Testing (Technique) Market Share (in %) by Company in Europe: 2019 & 2025
- Remote Field Testing (Technique) Market Share (in %) of Major Players in Europe: 2019 & 2025
- Alternating Current Field Measurement (Technique) Competitor Market Share Analysis (in %) in Europe: 2019 & 2025
- Eddy Current Array (Technique) Market in Europe: Competitor Revenue Share Shift (in %) for 2019 & 2025
- Pulsed Eddy Current Testing (Technique) Competitor Market Share (in %) Positioning in Europe for 2019 & 2025
- Near-Field Testing (Technique) Key Player Market Share Breakdown (in %) in Europe: 2019 & 2025
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/k5qm97