Get 20% Free Customization In This Report
Buy this report from - $2382

North American Electromagnetic NDT Equipment Market by Method (Eddy-Current NDT Equipment, Remote Field Testing Equipment, Magnetic , lux Leakage Testing Equipment, Alternating Current Field Measurement Equipment) Vertical(Oil & Gas, Power Generation, Aerospace, Process Industry, Automotive, Foundry) - Opportunity Analysis and Industry Forecast, 2017-2023

SE 171065
Pages: NA
Apr 2018 | 1207 Views
face gplus_n
Author's : NA
Tables: NA
Charts: NA
twit_n pr_n

Non-Destructive eddy current testing is widely accepted technologies by enterprises currently, creating a huge demand of the electromagnetic Nondestructive testing (NDT) equipment market. The eddy-current non-destructive testing method has become ideal solution for non-ferrous parts and is capable of inspection through coatings that are smooth and intact.

Rapidly growing automotive and aerospace sector in the North American region is a key factor driving the growth of the market. Various safety regulations by the government coupled with the development of new power generation projects in the U.S. are the key factors boosting the growth of the market in North America. Absence of required number of qualified technicians along with high costs these equipment have are key restraining factors that hinder the growth of the market. Continual technological advancements along with demand for third-party inspection service providers will offer ample growth opportunities to the North America electromagnetic NDT equipment market. Creating awareness about the effectiveness of new NDT inspection methods is a key market challenge faced by market players to grow in the market. Rapid industrial transformation is a burning issue that will impact the market dynamics of the North America electromagnetic NDT equipment market.

The report segments the North American electromagnetic NDT equipment market on the basis of methods, verticals and countries. On the basis of methods, the report is segmented into eddy-current NDT equipment, remote field testing equipment, magnetic flux leakage testing equipment, alternating current field measurement equipment. On the basis of verticals the market is segmented into oil & gas, power generation, aerospace, process industry, automotive, foundry and others. On the basis of country, the market is segmented into the U.S., Canada and Mexico.

The major players operating in the market are General Electric Company, Olympus Corporation, DR. Foerster GMBH & CO. KG, Zetec, Inc., Magnetic Analysis Corporation, Mistras Group, Inc., Eddyfi, Ashtead Technology, Russell NDE Systems, Inc., TSC Inspection Systems and United Western Technologies.


  • The report provides a comprehensive analysis of current & future market trends and emerging avenues for the growth of the North America electromagnetic NDT equipment market.
  • The report offers an overview of changing market dynamics in terms of fast turn-around analysis of stakeholders responses to recent industry policy changes and market trends.
  • The report offers an insight into competitive landscape in terms of new technological developments, untapped segments, and value chain analysis.
  • This report entails the detailed quantitative analysis of the current market and estimations through 2014 and 2020, which assists in identifying the prevailing market opportunities.
  • The report offers strategic analysis of financial status of key market players, and highlights market share of key vendors.
  • The report offers information on the status of new projects along with offering investment feasibility analysis of the same.
  • The report offers market and technology trends along with key application areas of the major segments based on methods.

North America Electromagnetic NDT Equipment Market Key Segments:

 By Method

  • Eddy-Current NDT Equipment
  • Remote Field Testing Equipment
  • Magnetic Flux Leakage Testing Equipment
  • Alternating Current Field Measurement Equipment

By Vertical

  • Oil & Gas
  • Power Generation
  • Aerospace
  • Process Industry
  • Automotive
  • Foundry
  • Others

By Country

  • U.S.
  • Canada
  • Mexico

Company Profile

  • General Electric Company,
  • Olympus Corporation,
  • DR. Foerster GMBH & CO. KG,
  • Zetec, Inc.,
  • Magnetic Analysis Corporation,
  • Mistras Group, Inc.,
  • Eddyfi, Ashtead Technology,
  • Russell NDE Systems, Inc.,
  • TSC Inspection Systems
  • United Western Technologies.


With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.


Get More Information About This Report

For any queries about purchasing this report, Please fill the form below:

Please input the above text in the input box or click refresh









* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,    Int'l : +1-503-894-6022
Drop us an email at

Send Enquiry

Why Allied Market Research


Infallible Methodology

To ensure high level data integrity, accurate analysis and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers


Featured Reports


Featured Readings


Get Fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts