Global Magnetic Testing Service Market Growth (Status and Outlook) 2025-2031

The global Magnetic Testing Service market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Magnetic Testing Service is a non-destructive testing method used to detect surface and near-surface defects in ferromagnetic materials. It involves the use of magnetic fields and magnetic particles to identify cracks, discontinuities, and other flaws in the material. This testing technique is commonly used in industries such as manufacturing, aerospace, automotive, and oil and gas to ensure the quality and integrity of metal components. Magnetic Testing Service helps to prevent failures and accidents by identifying potential weaknesses in the material before they become critical.

United States market for Magnetic Testing Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Magnetic Testing Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Magnetic Testing Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Magnetic Testing Service players cover EAG Laboratories, Arnold Magnetic Technologies, Magnetic Component Engineering, Brush Industries, Powder Processing & Technology, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Testing Service 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 Testing Service.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Testing Service market by product type, application, key players and key regions and countries.

Segmentation by Type:
Laboratory Testing
On-site Testing

Segmentation by Application:
Electronic
Mechanical
Other

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.
EAG Laboratories
Arnold Magnetic Technologies
Magnetic Component Engineering
Brush Industries
Powder Processing & Technology
Hutchinson Manufacturing
CTM Magnetics
McNDT
Quad City Testing Laboratory
Laboratory Services
NDT Specialists
Mitchell Laboratories
Acuren
SGS
Washington Mills
Techmetals

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