Global Magnetic Flaw Detectors Market Growth 2023-2029
Magnetic particle Inspection (MPI) is a non-destructive testing (NDT) process for detecting surface and shallow subsurface discontinuities in ferromagnetic materials such as iron, nickel, cobalt, and some of their alloys. The process puts a magnetic field into the part.
LPI (LP Information)' newest research report, the “Magnetic Flaw Detectors Industry Forecast” looks at past sales and reviews total world Magnetic Flaw Detectors sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnetic Flaw Detectors sales for 2023 through 2029. With Magnetic Flaw Detectors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Flaw Detectors industry.
This Insight Report provides a comprehensive analysis of the global Magnetic Flaw Detectors 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 Magnetic Flaw Detectors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Magnetic Flaw Detectors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Flaw Detectors 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 Magnetic Flaw Detectors.
The global Magnetic Flaw Detectors market size is projected to grow from US$ 70 million in 2022 to US$ 100.3 million in 2029; it is expected to grow at a CAGR of 100.3 from 2023 to 2029.
The classification of Magnetic flaw detectors include magnetic yokes,potable units and magnetic benches.
Magnetic particle testing is one of the longest established and most commonly used nondestructive testing methods. It has been widely used in many different industries, especially in automobile, aerospace, oil and gas industries, which has a huge market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Flaw Detectors market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Magnetic Yokes and Potable Units
Magnetic Benches
Segmentation by application
Automotive
Aerospace
Oil & Gas
General Industry
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 analyzing the company's coverage, product portfolio, its market penetration.
MAGNAFLUX
CGM CIGIEMME SpA
CHiNDT
Beijing Citong
Karl Deutsch
Shanghai Yuguang
Baugh & Weedon
Western Instruments
Sheyang Hongxu
SREM Technologies
Johnson and Allen
DCM TECH INC
NAWOO
Nihon Denji Sokki
Promprilad
GOULD-BASS
PARKER RESEARCH
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnetic Flaw Detectors market?
What factors are driving Magnetic Flaw Detectors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetic Flaw Detectors market opportunities vary by end market size?
How does Magnetic Flaw Detectors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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