Global Eddy Current NDT Equipment Market Growth 2025-2031

Global Eddy Current NDT Equipment Market Growth 2025-2031

The global Eddy Current NDT Equipment market size is predicted to grow from US$ 332 million in 2025 to US$ 496 million in 2031; it is expected to grow at a CAGR of 6.9% from 2025 to 2031.

Non-destructive testing methods are employed in various end use industries associated with metals and welds. The main purpose is to estimate the properties of the materials without damaging them. Eddy Current NDT (Non-Destructive Testing) is one among the various methods used to detect flaws or change in the properties of the materials with the help of eddy current induced in the probe that penetrates into the conductive surface of the test material and shows deflection in the equipment in case of any flaw or crack.

The core manufacturers of Eddy Current NDT Equipment in the world include Olympus, Waygate Technologies and Foerster. The top three companies have about 44 per cent of the market. Asia Pacific is the world's largest market for Eddy Current NDT Equipment with a market share of about 44%, followed by North America and Europe with a market share of 27% and 25%, respectively. In terms of product type, Portable is the largest segment with approximately 46% market share. In terms of application, Transportation is the largest downstream segment, accounting for approximately 32% of the market share.

LP Information, Inc. (LPI) ' newest research report, the “Eddy Current NDT Equipment Industry Forecast” looks at past sales and reviews total world Eddy Current NDT Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Eddy Current NDT Equipment sales for 2025 through 2031. With Eddy Current NDT Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Eddy Current NDT Equipment industry.

This Insight Report provides a comprehensive analysis of the global Eddy Current NDT Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Eddy Current NDT Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Eddy Current NDT Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Eddy Current NDT Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Eddy Current NDT Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Eddy Current NDT Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Portable
Desktop
Others

Segmentation by Application:
Oil & Gas
Transportation
Defense and Aerospace
Industrial Manufacturing
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Olympus
Waygate Technologies
Foerster
Eddyfi Technologies
PRÜFTECHNIK
Zetec
UniWest
Rohmann
Magnetic Analysis
Ibg Prufcomputer GmbH
Nanjing Burkner Automation System

Key Questions Addressed in this Report

What is the 10-year outlook for the global Eddy Current NDT Equipment market?

What factors are driving Eddy Current NDT Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Eddy Current NDT Equipment market opportunities vary by end market size?

How does Eddy Current NDT Equipment break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.