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Eddy Current Testing Market - Top Companies and Manufacturers

  • Report ID: 5265
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

Companies Dominating the Eddy-current Testing Landscape

    • General Electric Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Ether NDE Limited
    • Eddyfi NDT Inc.
    • Ashtead Technology Ltd.
    • TUV Rheinland AG
    • Mistras Group Inc.
    • Fidgeon Limited
    • Magnetic Analysis Corporation
    • Ibd NDT System Corporation
    • Waygate Technologies
Browse Key Market Insights with Data Illustration:

In the News

  • In June 2021: Ether NDE announced the launch of ETi-300n. It was developed to improve the end-to-end workflow of inspection. It is an eddy-current equipment that was developed to inspect the non-ferrous tubing from an inner diameter and deliver accurate inspection results.
  • May 2022: Waygate Technologies Robotics came into a partnership with PETRONAS Technology Ventures, PETRONAS’ technology commercialization arm. Together, the companies aimed to market jointly designed robotic examination equipment and escalate employment in the gas and oil businesses. Additionally, BIKE robotic system, enhance data inspection and management of restricted or hard-to-reach places in oil and gas areas including onshore and offshore. Moreover, the improved technology includes a cleaning device along with additional eddy-current and ultrasonic examination abilities.

Author Credits:  Abhishek Verma


  • Report ID: 5265
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of electronic grade hydrofluoric acid is assessed at USD 413.85 million.

The eddy-current testing market size was valued at USD 396.41 million in 2024 and is expected to reach USD 795.11 million by 2037, registering around 5.5% CAGR during the forecast period i.e., between 2025-2037. Rise in safety regulations by government and advancement in new ECT technology will boost the market growth.

North America industry is expected to dominate majority revenue share of 37% by 2037, due to rising use of eddy-current testing for safety inspections and to find flaws on surfaces and tubes in the region.

The major players in the market are General Electric Company, Ether NDE Limited, Eddyfi NDT Inc., Ashtead Technology Ltd., TUV Rheinland AG, Mistras Group Inc., Fidgeon Limited, Magnetic Analysis Corporation, Ibd NDT System Corporation, Waygate Technologies
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