The Asia Pacific Eddy-current Testing Market would witness market growth of 10.3% CAGR during the forecast period (2022-2028).
Eddy's current instruments are available in many different configurations. Instruments in both analog and digital formats are offered. The type of display used to deliver the data is a typical way to classify instruments. Analog meters, digital readouts, impedance planes, and remained evident signal amplitude are all typical display forms. Some equipment can display data in a variety of different formats.
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.
China has implemented a series of economic reforms aimed at boosting its economic performance. It shows how state-owned companies (SOEs), collectives, and joint ventures, including entirely foreign-owned enterprises, performed in the Chinese electronics industry after 1993 in terms of labor productivity and total factor productivity.
Officials announced on Nov 20 that more than 85% of important electronic parts in Chinese defense and high-tech equipment are now created domestically, indicating the country's potential to be self in advanced electronic components.
Simultaneously, the proportion of locally produced essential electronic parts in defense and high-tech equipment increased from 30% to 85%. China is now completely suitable for making secure and dependable modern electronic components and will rely on imports even less. Given how quickly other countries are progressing, China's catching up in critical electronics components, computer chips, and software the soul of information technology is a stunning feat.
The China market dominated the Asia Pacific Eddy-current Testing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $151 million by 2028. The Japan market is experiencing a CAGR of 9.7% during (2022 - 2028). Additionally, The India market would exhbit a CAGR of 11% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Eddy-current Testing Market is Projected to reach USD 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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
TABLE 1 Asia Pacific Eddy-current Testing Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Eddy-current Testing Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Eddy-current Testing Market by Service, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Eddy-current Testing Market by Service, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Inspection Services Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Inspection Services Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Equipment Rental Services Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Equipment Rental Services Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Training Services Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Training Services Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Caliberation Services Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Caliberation Services Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Conventional Eddy Current Testing Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Conventional Eddy Current Testing Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Eddy Current Array Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Eddy Current Array Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Alternating Current Field Measurement Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Alternating Current Field Measurement Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Remote Field Testing Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Remote Field Testing Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Power Generation Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Power Generation Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Government Infrastructure & Public Safety Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Government Infrastructure & Public Safety Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Eddy-current Testing Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Eddy-current Testing Market by Country, 2022 - 2028, USD Million
TABLE 41 China Eddy-current Testing Market, 2018 - 2021, USD Million
TABLE 42 China Eddy-current Testing Market, 2022 - 2028, USD Million
TABLE 43 China Eddy-current Testing Market by Service, 2018 - 2021, USD Million
TABLE 44 China Eddy-current Testing Market by Service, 2022 - 2028, USD Million
TABLE 45 China Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
TABLE 46 China Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
TABLE 47 China Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
TABLE 48 China Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
TABLE 49 Japan Eddy-current Testing Market, 2018 - 2021, USD Million
TABLE 50 Japan Eddy-current Testing Market, 2022 - 2028, USD Million
TABLE 51 Japan Eddy-current Testing Market by Service, 2018 - 2021, USD Million
TABLE 52 Japan Eddy-current Testing Market by Service, 2022 - 2028, USD Million
TABLE 53 Japan Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
TABLE 54 Japan Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
TABLE 55 Japan Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
TABLE 56 Japan Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
TABLE 57 India Eddy-current Testing Market, 2018 - 2021, USD Million
TABLE 58 India Eddy-current Testing Market, 2022 - 2028, USD Million
TABLE 59 India Eddy-current Testing Market by Service, 2018 - 2021, USD Million
TABLE 60 India Eddy-current Testing Market by Service, 2022 - 2028, USD Million
TABLE 61 India Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
TABLE 62 India Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
TABLE 63 India Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
TABLE 64 India Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
TABLE 65 South Korea Eddy-current Testing Market, 2018 - 2021, USD Million
TABLE 66 South Korea Eddy-current Testing Market, 2022 - 2028, USD Million
TABLE 67 South Korea Eddy-current Testing Market by Service, 2018 - 2021, USD Million
TABLE 68 South Korea Eddy-current Testing Market by Service, 2022 - 2028, USD Million
TABLE 69 South Korea Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
TABLE 70 South Korea Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
TABLE 71 South Korea Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
TABLE 72 South Korea Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
TABLE 73 Singapore Eddy-current Testing Market, 2018 - 2021, USD Million
TABLE 74 Singapore Eddy-current Testing Market, 2022 - 2028, USD Million
TABLE 75 Singapore Eddy-current Testing Market by Service, 2018 - 2021, USD Million
TABLE 76 Singapore Eddy-current Testing Market by Service, 2022 - 2028, USD Million
TABLE 77 Singapore Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
TABLE 78 Singapore Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
TABLE 79 Singapore Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
TABLE 80 Singapore Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
TABLE 81 Malaysia Eddy-current Testing Market, 2018 - 2021, USD Million
TABLE 82 Malaysia Eddy-current Testing Market, 2022 - 2028, USD Million
TABLE 83 Malaysia Eddy-current Testing Market by Service, 2018 - 2021, USD Million
TABLE 84 Malaysia Eddy-current Testing Market by Service, 2022 - 2028, USD Million
TABLE 85 Malaysia Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
TABLE 86 Malaysia Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
TABLE 87 Malaysia Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
TABLE 88 Malaysia Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
TABLE 89 Rest of Asia Pacific Eddy-current Testing Market, 2018 - 2021, USD Million
TABLE 90 Rest of Asia Pacific Eddy-current Testing Market, 2022 - 2028, USD Million
TABLE 91 Rest of Asia Pacific Eddy-current Testing Market by Service, 2018 - 2021, USD Million
TABLE 92 Rest of Asia Pacific Eddy-current Testing Market by Service, 2022 - 2028, USD Million
TABLE 93 Rest of Asia Pacific Eddy-current Testing Market by Technique, 2018 - 2021, USD Million
TABLE 94 Rest of Asia Pacific Eddy-current Testing Market by Technique, 2022 - 2028, USD Million
TABLE 95 Rest of Asia Pacific Eddy-current Testing Market by Industry, 2018 - 2021, USD Million
TABLE 96 Rest of Asia Pacific Eddy-current Testing Market by Industry, 2022 - 2028, USD Million
TABLE 97 key Information – Olympus Corporation
TABLE 98 Key Information – Eddyfi Technologies
TABLE 99 Key Information – ETher NDE LTD.
TABLE 100 Key Information – Fidgeon Ltd.
TABLE 101 Key Information – ibg NDT Systems Corporation
TABLE 102 Key Information – Magnetic Analysis Corporation
TABLE 103 Key Information – Mistras Group, Inc.
TABLE 104 Key Information – TÜV Rheinland AG
TABLE 105 Key information – Ashtead Group PLC
TABLE 106 Key Information – Waygate Technologies
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Eddyfi Technologies