openPR Logo
Press release

Eddy Current Testing Market - Development In This Technology Has Encouraged Customers To Adopt This Technology.

02-15-2017 12:20 PM CET | IT, New Media & Software

Press release from: TMR-SemiConductor Research

Eddy Current Testing Market - Development In This Technology Has

Eddy current testing or ECT is a testing technique that has its roots in electromagnetism. Making use of non-destructive testing, it is used in non-destructive testing in a bid to characterize surface and detect sub-surface flaws in conductive materials.

The main applications of ECT include tubing inspections and surface inspection. This sensitive technique can locate tight cracks of various types of surface. Surface inspection can be done on both non-ferromagnetic and ferromagnetic materials. The application of tubing inspection, however, is confined to non-ferromagnetic materials.

The factors that are driving this market are advancements in eddy testing technologies. The development in this technology has encouraged customers to adopt this technology. Increasing infrastructural development and safety regulations by government in emerging economies are responsible for the growth of the market.

However, since ECT is electrical in nature, it’s usage is limited to conductive material. There are also physical limits pertaining to the generation of eddy currents and depth of penetration.

The market is segmented by technique, service, end-use and by region. By technique, the market is divided into conventional eddy current, remote field testing, alternating current field, eddy current array and others. By service, the market is segmented into inspection services, equipment rental services, calibration services, training services. The market is also segmented by end-use industry namely oil and gas, manufacturing, aerospace, automotive, power generation and others.

PDF Sample For Latest Innovations And Advancements @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=19532

Conventional eddy market accounts for a major market share and the segment is likely to steer the market during the forecast period of 2016-2024. Conventional eddy market is reliable, versatile and fast method of inspection. It is very efficient in detection of defect and for measurement of thickness of conductive materials.

The manufacturing segment is forecasted to lead the end-user industrial category with the highest growth rate during the forecast period of 2016-2024. Safety awareness and policies of government are likely to drive the ECT market during this period. Growing demand of electronic equipment and consumer durable goods is expected to drive the demand for inspection.

Geographically, the market is segmented into Americas, Asia Pacific (APAC), Europe, Middle East and America (EMEA) and Latin America. North America has been leading the market and accounts for the biggest market share. North America is anticipated to grow rapidly during the forecast period of 2016-2024. The end-user industry of oil and gas held the largest of the market share in North America. Maintenance of gas and oil pipelines and other refinery equipment requires inspection and thus ECT is widely used in this category. The power generation industry is another sector in North America where ECT technologies are widely used. The US accounted for the biggest market share in this geographical segment and is expected to lead throughout the forecast period.

Europe also accounts for a substantial market share in this market and occupies the second largest market share of ECT market. The region is expected to grow well over the forecast period of 2016-2024. Owing to the increasing demand for consumer goods in the APAC region, the region is set to experience a rapid. The market of Middle East and Africa is also expected to grow significantly over the forecast period. The regions of Latin America largely remain untapped though the demand of various types of consumer electronics are increasing day by day in these regions.

The global market of high voltage ECT is fragmented with many large and well-established players occupying a strong position. Also, many new players are also trying to enter the high voltage ECT market owing to the expected high growth of the market.

Some of the major players of the high voltage ECT market are Mistras Group Inc. (U.S.),Magnetic Analysis Corporation Inc. (USA) ,Ashtead Technology Ltd. (U.K.), Ether NDE Limited (U.K.), Zetec Inc. (U.S.), Olympus Corporation Fidgeon Limited (U.K.), General Electric Company (U.S.), Ibg NDT System Corporation (U.S.), Eddyfi NDT Inc. (Canada), (Japan), TUV Rheinland AG (Germany) amongst many others.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Eddy Current Testing Market - Development In This Technology Has Encouraged Customers To Adopt This Technology. here

News-ID: 438346 • Views:

More Releases from TMR-SemiConductor Research

Optocouplers Market - New Technologies For Isolation Are Giving Rise To High Speed, High Operating Temperature And Low Input Current Optocouplers.
Optocouplers Market - New Technologies For Isolation Are Giving Rise To High Spe …
The global optocouplers market has been covered under the scope of this report. The advancement in the automobiles and industrial applications has propelled the growth of companies which produce optocouplers. Optocouplers are capable of isolating different voltage levels thus safeguarding components from voltage spikes in the same circuit. These components are highly used in automobiles, industrial applications, communication sector and printer & imaging devices among others. The primary purpose of
GaN Industrial Devices Market - The Majority Of The Revenue In GaN Industrial Devices Market Is Coming From The ICT sector
GaN Industrial Devices Market - The Majority Of The Revenue In GaN Industrial De …
Gallium Nitride (GaN) has a wide band gap and owing to its advanced features such as high breakdown voltage, high switching frequencies, enhanced power efficiency, high conduction and thermal stability, GaN is largely being preferred for numerous applications. These characteristics have enabled GaN power semiconductors to penetrate into various high power applications such as inverters for home appliances, inverters for trains, broadband wireless networks systems, power converter circuits, turbines, industrial
Dissolved Gas Analyzer Market Primarily Driven By The Growth In Utility (power Transformer) And Industrial Infrastructure Investments.
Dissolved Gas Analyzer Market Primarily Driven By The Growth In Utility (power T …
Global market for dissolved gas analyzers has been covered under the scope of this report. Dissolved gas analyzers are utilized for identifying the incipient faults occurring in power transformers and other oil-filled electrical equipments. When subjected to high thermal and electrical stress, the mineral oil inside a power transformer decomposes, leading to generation of gases such as carbon mono-oxide (CO), carbon di-oxide (CO2), methane (CH4), acetylene (C2H2), ethylene (C2H4) and
Smart Lighting Market Surge in installation of LED Lamps By Replacement Of Traditional Lamps Is Expected To Boost The Global Market
Smart Lighting Market Surge in installation of LED Lamps By Replacement Of Tradi …
Global smart lighting market is driven by increasing demand for energy efficient lighting systems primarily aimed at reducing energy consumption in commercial and industrial buildings. In addition, advancements of sensors and connecting technologies in the field of smart lighting are further boosting the market growth. Furthermore, increasing penetration of energy efficient lighting such as LED lamps is further fueling the growth of global smart lighting market during the forecast period. Smart

All 5 Releases


More Releases for ECT

ECT TELEVOTING TECHNOLOGY PRESENT AT EUROVISION 2019
Munich, May 28th, 2019 ECT (European Computer Telecoms AG), Europe’s leading communications software company for the realization of value-added services in nextgeneration networks, adds another year as an important contributor to an impeccable streak of televoting results from the Eurovision Song Contest 2019. By providing our effECTive® Televoting system to major carriers in Germany, Sweden and other countries, ECT has supported the annual song contest for many years running. Our solution
ECT helps KCOM Transform Services
Munich, September 13, 2016: KCOM, a leading provider of communications, applications and integration services to the UK enterprise market, has chosen ECT (European Computer Telecoms AG), a vendor of complete solutions for value-added services in the voice and multimedia domain, as the supplier of the technology for its intelligent voice services. ECT has implemented a full suite of products and applications which will enable KCOM to offer cloud-based value-added services
ECT Launches New Portal on Virtual PBX
Dedicated website to promote cloud-based PBX and centrex products Munich July 26 2012: ECT (European Computer Telecoms AG), vendor of complete solutions for value-added services in the voice and multimedia domain, announces the launch of their new website http://www.ect-virtualpbx.com for carriers and service providers that want to offer PBX functionalities hosted in their mobile network. Buying a solution from ECT enables operators to offer true fixed-mobile convergence and to compete with
Hervé de Dreuille Joins ECT From CosmoCom
ECT (European Computer Telecoms AG), vendor of complete solutions for value-added services in the voice and multimedia domain, has announced the appointment of a further industry expert in the contact center arena. Hervé de Dreuille, who spent almost 11 years with CosmoCom, joined ECT in October as Sales Director for France and Southern Europe. He is responsible for further expanding ECT’s customer base in the region and increasing business with
Joe Radomsky Appointed Sales Director at ECT US Subsidiary
Industry veteran, Joe Radomsky, leaves Genesys Telecommunications to join European Computer Telecoms Inc. Munich, Germany, November 30th 2011: ECT (European Computer Telecoms AG), vendor of complete solutions for value-added services in the voice and multimedia domain, is pleased to announce the appointment of Joe Radomsky as Sales Director Americas for contact center solutions. Prior to joining ECT, Joe worked for Genesys Telecommunications, one of the market leaders in the contact center
Focus on Voice: ECT Exhibits at SpeechTEK 2011
Vendor of value-added services showcases cloud-based contact center and PBX products in the USA Munich/Plano, TX August 1st, 2011: The spotlight will be on the latest innovations in voice technology when ECT (European Computer Telecoms Inc.) attends this year’s SpeechTEK conference in New York City. The vendor of complete solutions for value-added services in the voice and multimedia domain will be present at the annual event from August 8-10 in the