Press release
Eddy Current NDT Equipment Market growing at a CAGR of 6.5% through 2026
Eddy The current NDT Equipment Market is anticipated to be worth US$ 324.6 Mn in 2018 and US$ 537.9 Mn in 2026, demonstrating a CAGR of 6.5% over the forecast period of 2018-2026.Introduction to Eddy Current NDT Equipment Market
Many end-use businesses that deal with metals and welds use non-destructive testing techniques. The major goal is to determine the materials' qualities without causing harm to them.
With the aid of an induced eddy current in the probe that penetrates into the conductive surface of the test material and causes deflection in the equipment in the event of any flaw, eddy current NDT (Non-Destructive Testing) is one of the many techniques used to detect flaws or changes in the properties of the materials.
Click on the link for sample report: www.persistencemarketresearch.com/samples/22759
Research Methodology
Persistence Market Research utilizes robust methodology and approach to arrive at market size and related projections. The research methodology for this report is based on 3 dimensional model.
We conduct about 45-60 min duration detailed interviews with product manufacturers; apart from this we also collect market feedback from industry experts. To validate this data, we interact with senior panel members having more than 10 years of experience in relevant field.
The panel members help in validating the findings and fill the gaps if any. In addition, we leverage on our existing pool of information, paid database and other valid information sources available in public domain.
Usually industry interactions extend to more than 50+ interviews from market participants across the value chain.
Data Collection
Persistence Market Research collects data from secondary sources including company annual reports_bk_01_01_2020, association publications, industry presentations, white papers, and company press releases apart from these we leverage over paid database subscriptions and industry magazines to collect market information and developments in exhaustive manner. After being done with desk research, detailed questionnaire and discussion guide is formulated to initiate primary research with key industry personnel; the discussion aims at collecting key insights, growth perspectives, prevalent market trends and quantitative insights including market size and competition developments.
Both of these research approaches help us in arriving at base year numbers and market hypothesis.
Click on the link for customized report:www.persistencemarketresearch.com/request…tion/22759
Data Validation
In this phase, Persistence Market Research validates the data using macro and micro economic factors. For instance, growth in electricity consumption, industry value added, other industry factors, economic performance, growth of top players and sector performance is closely studied to arrive at precise estimates and refine anomalies if any.
Data Analysis and Projection
Data analysis and projections were made based on proprietary research frameworks and statistical analysis, which was further validated from industry participants. These frameworks include Y-o-Y growth projections, macro-economic factor performance, market attractiveness analysis, key financial ratios, and others.
For public companies we capture the data from company website, annual reports_bk_01_01_2020, investor presentations, paid databases. While for privately held companies, we try to gather information from the paid databases (like Factiva) and based on the information we gather from databases we estimate revenue for the companies.
In addition, the team tries to establish primary contact with the companies in order to validate the assumptions or to gather quality inputs.
Standard Report Structure
Executive Summary
Market Definition
Macro-economic analysis
Parent Market Analysis
Market Overview
Forecast Factors
Segmental Analysis and Forecast
Regional Analysis
Competition Analysis
Get Full Report: www.persistencemarketresearch.com/checkout/22759
Target Audience
Production Companies
Suppliers
Channel Partners
Marketing Authorities
Subject Matter Experts
Research Institutions
Financial Institutions
Market Consultants
Government Authorities
Read more
https://www.globenewswire.com/en/news-release/2018/07/10/1535305/0/en/Eddy-Current-NDT-Equipment-Market-is-forecasted-to-reach-a-valuation-of-US-537-9-Mn-in-2026-Persistence-Market-Research.html
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us:
Expert analysis, actionable insights, and strategic recommendations - the industrial automation team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on IT & Telecommunications of which 100+ reports specific for IT & Telecommunications. The team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the IT & Telecommunications industry.
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 NDT Equipment Market growing at a CAGR of 6.5% through 2026 here
News-ID: 2871568 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for NDT
Seamless Digital RT Workflow with DRIVE NDT and D-Tect X from DÜRR NDT
For an optimal digital workflow in radiographic testing (RT), the X-ray inspection software D-Tect X can be integrated with the NDT management software DRIVE NDT. The closely meshed interaction between DRIVE NDT and D-Tect X means that a large part of the process takes place automatically. This not only saves time, but the automatic exchange of data also minimizes the possibility of human error. As all the steps and processes…
Rapid CUI Inspection with the DRA 3543 NDT Flat Panel Detector from DÜRR NDT
NDE Solutions Pty Ltd, located in Adelaide, South Australia with a team of over 60 employees provides non-destructive testing and inspection solutions to the oil and gas, defence, power, and mining industries.
NDE Solutions has been using the DÜRR NDT DRA 3543 digital flat panel since 2021 in combination with Iridium-192 radiation sources to perform Corrosion-Under-Insulation (CUI) radiography for confirming pipe wall loss in oil and gas plants and refineries. The…
DRIVE NDT enables DEKRA to increase its efficiency with digital NDT workflow man …
DEKRA has approximately 48,000 employees and ranks as one of the foremost testing companies worldwide. A pioneering team is introducing the innovative DRIVE NDT to organize non-destructive testing and its peripheral processes at the BAYERNOIL site in Neustadt.
Digital processes are firmly embedded in all industrial fields these days. The resulting advantages are clearly seen by all companies and industries and their potential is also increasingly recognized for non-destructive testing. Benjamin…
Corrosion-Under-Insulation Inspection Made Easy with the CR 35 NDT from DÜRR ND …
Stork Technical Services, located in Kwinana, Western Australia with a team of over 30 employees provides asset integrity and fabric maintenance services to the oil and gas, chemical, power and mining industries.
Stork Technical Services has been using the CR 35 NDT Computed Radiography scanner since 2019 and uses it with Iridium-192 in combination with high-sensitivity white imaging plates to perform Corrosion-Under-Insulation (CUI) radiography and digital gap shots which are…
Applus+ Entrusts DRIVE NDT with Digitization of NDT Workflow
Applus+ Germany is one of the largest providers of non-destructive testing (NDT) services in Germany and with more than 20,000 employees in over 70 countries is one of the largest companies in the industry worldwide.
In order to cement its leading position over the longer term, Applus+ is investing in future technologies. One of the key challenges of the future is the digitalization of all NDT processes. "A key promise is…
HD-CR 35 NDT from DÜRR NDT Increases Efficiency of Oil & Gas RT Inspection Task …
ENOD S.R.L is an NDT service company based in Buenos Aires, serving the energy sector in Argentina since August 1980.
ENOD is one of the largest service providers in Argentina, offering a wide range of inspection methods to fit their customers' needs. They have largely invested in the latest technologies to be one of the pioneers in their local market. A few years ago, they stepped into digital radiography to replace…