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Industry 4.0 Mania to grip the Eddy Current NDT Equipment Market

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With Industry 4.0 doing the rounds, automation has become an inevitable aspect of the manufacturing vertical. The next decade is expected to witness an incorporation of sensors and autonomous robotics technology at the global level. This trend has given a sizable opportunity for growth of eddy current NDT equipment market as the fact that it’s impossible to look through robots without them can’t be ignored.

Persistence Market Research has walked through these facts with its line of expertise in the form of analysts and consultants in its latest market study entitled “Eddy Current NDT Equipment Market”. The major well as minor factors are being looked into.

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How is the eddy current NDT equipment market classified?

The global eddy current NDT equipment market, by type of equipment, spans offline, inline, full-body, and rotational. By technology, it’s array scanning, single frequency, multi frequency, and pulsed eddy current. By application, it’s measurement (non-conductive coating thickness and metal thickness), detection (corrosion and flaw & crack), testing & inspection (hardness testing, conductivity testing, weld inspection, surface inspection, and bolt hole & tubing inspection).

By end-use industry, it’s transportation (automotive, aerospace, and marine), power generation, oil & gas, and heavy engineering equipment. Persistence market Research has mentioned about these facts with future perspectives in its latest market study entitled “Eddy Current NDT Equipment Market”.

Eddy Current NDT Equipment Market

Region-wise Analysis

North America holds the largest market share due to immediate adoption of technological advancements by the US. Europe comes in second with Germany leading from the front. However, the Asia-Pacific is expected to witness the fastest growth in the forecast period with improvement in infrastructure. Persistence Market Research has etched these findings with insights in its latest market study entitled “Eddy Current NDT Equipment Market”.

Competitive Landscape

Persistence Market Research has profiled the key players in the eddy current NDT equipment market as General Electric, Magnetic Analysis Corporation, Olympus Corporation, Ether NDE, Ashtead technology, UniWest, Eddyfi Zetec, Inc., Criterion NDT, Inc., Ibg NDT System Corporation, Rohmann GmbH, IMG Ultrasuoni Srl, Foerester Holding GmbH, Fischer technology Inc., Thermo Fisher Scientific Inc., and likewise.

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It has gone further with mentioning about the organic and inorganic modes of expansion that these players are into for staying focused in the eddy current NDT equipment market. They include new product launch, mergers, acquisitions, partnerships, and joint ventures.

What next?

The global eddy current NDT equipment market is slated to go great guns in the next 10 years – Persistence Market Research

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