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North America Electromagnetic NDT Market by Method (Eddy Current Testing, Remote Field Testing, Magnetic Flux Leakage Testing), by Vertical (Oil & Gas, Power Generation, Automotive, Aerospace), by Country (The U.S., Canada, Mexico) - Trends & Forecast to

North America Electromagnetic NDT Market by Method (Eddy Current Testing, Remote Field Testing, Magnetic Flux Leakage Testing), by Vertical (Oil & Gas, Power Generation, Automotive, Aerospace), by Country (The U.S., Canada, Mexico) - Trends & Forecast to 2015 - 2020

The North American electromagnetic NDT equipment market is expected to reach $223.76 million by 2020, at a CAGR of 8.84% between 2015 and 2020. This report covers the key verticals of the North American electromagnetic NDT equipment market including oil & gas, power generation, aerospace, automotive, foundries, process industries, and others (medical and healthcare, infrastructure, and mining). Of all the verticals, power generation is expected to be the largest contributor to the overall electromagnetic NDT equipment market in North America, accounting for 24% of the market share; its market size is expected to reach $48.65 million by 2020, at a CAGR of 7.59% between 2015 and 2020. However, its market share is projected to reduce during the forecast period, owing to the shutdown of coal power projects in the North American region, especially in Canada and the U.S.

The overall electromagnetic NDT equipment market in North America comprises different NDT methods, namely, eddy-current testing, remote field testing, magnetic flux leakage testing, and alternating current field measurement. The eddy-current testing method currently accounts for a major share of ~62% of the overall electromagnetic NDT equipment market in the North American region and it is expected to grow at a CAGR of 9.77% between 2015 and 2020. The major players in NDT equipment market include Olympus Corporation (Japan), GE Measurement & Control Solutions (U.S.), Ashtead Technology (U.K.), Zetec, Inc. (U.S.), and Eddyfi (Canada).

Scope of the report

The North American magnetic & electromagnetic NDT equipment market study covers various types of Non-Destructive Testing methods, used in various verticals, to arrive at the NDT market size during the forecast period. For this analysis, the North American magnetic & electromagnetic NDT equipment market is segmented into different countries, namely, the U.S., Mexico, and Canada.

By method

The North American electromagnetic NDT equipment market is segmented on the basis of various NDT methods, namely, eddy-current testing, remote field testing, magnetic flux leakage testing, and Alternating Current Field Measurement.

By vertical

The various industrial verticals considered in the analysis of the North American electromagnetic NDT equipment market size are oil & gas, power generation, aerospace, automotive, foundry, process industry, and others (medical and healthcare, infrastructure, and marine).

By geography

The North American magnetic & electromagnetic NDT equipment market has been classified on the basis of countries into the U.S., Canada, and Mexico. The purpose of this segmentation is to give a detailed country-wise analysis and to estimate the size of the overall North American electromagnetic NDT equipment market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATION
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • DEMAND-SIDE VARIABLES
      • INTRODUCTION
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • OPPORTUNITIES IN THE NORTH AMERICAN MAGNETIC AND ELECTROMAGNETIC NDT MARKET
    • TOP THREE SEGMENTS IN THE NORTH AMERICAN MAGNETIC & ELECTROMAGNETIC NDT MARKET
    • NORTH AMERICAN MAGNETIC & ELECTROMAGNETIC NDT MARKET, BY COUNTRY
    • NORTH AMERICAN MAGNETIC & ELECTROMAGNETIC NDT MARKET: INDUSTRY VERTICALS
    • THE U.S MAGNETIC & ELECTROMAGNETIC NDT VERTICAL MARKET: METHODS OF NDT TESTING (2020)
    • THE U.S. MAGNETIC & ELECTROMAGNETIC NDT EQUIPMENT SHIPMENT
  • MARKET OVERVIEW
    • INTRODUCTION
    • EVOLUTION OF THE NDT TECHNOLOGY
    • MARKET SEGMENTATION
      • BY METHOD
      • BY VERTICAL
      • BY COUNTRY
    • MARKET DYNAMICS
      • DRIVERS
        • Table NORTH AMERICA MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET: ANALYSIS OF DRIVERS
      • RESTRAINTS
        • Table NORTH AMERICAN MAGNETIC AND ELECTROMAGNETIC NDT MARKET: ANALYSIS OF RESTRAINTS
      • OPPORTUNITIES
        • Table NORTH AMERICAN MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET: ANALYSIS OF OPPORTUNITIES
      • CHALLENGE
        • Table NORTH AMERICAN MAGNETIC AND ELECTROMAGNETIC TEST EQUIPMENT MARKET: ANALYSIS OF CHALLENGES
      • BURNING ISSUE
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • RECENT TRENDS
    • PORTER'S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • INTENSITY OF COMPETITIVE RIVALRY
  • THE NORTH AMERICAN MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET, BY METHOD
    • INTRODUCTION
      • MARKET TRENDS OF MAGNETIC AND ELECTROMAGNETIC NDT METHODS AND APPLICATIONS
        • Table NORTH AMERICA MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table NORTH AMERICAN MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY METHOD, 2014-2020 (UNITS)
    • EDDY-CURRENT NDT EQUIPMENT
      • MARKET AND TECHNOLOGY TRENDS
        • Table TECHNICAL TRENDS IN EDDY-CURRENT TESTING
      • KEY APPLICATION AREAS
    • REMOTE FIELD TESTING EQUIPMENT
      • MARKET AND TECHNOLOGY TRENDS
      • KEY APPLICATION AREAS
    • MAGNETIC FLUX LEAKAGE TESTING EQUIPMENT
      • MARKET AND TECHNOLOGY TRENDS
      • KEY APPLICATION AREAS
    • ALTERNATING CURRENT FIELD MEASUREMENT EQUIPMENT
      • MARKET AND TECHNOLOGY TRENDS
      • KEY APPLICATION AREAS
  • THE NORTH AMERICAN MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET, BY VERTICAL
    • INTRODUCTION
      • Table INDUSTRIES WITH TESTING REQUIREMENTS
      • Table NORTH AMERICA MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 ($MILLION)
      • Table NORTH AMERICA MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 (UNITS )
    • OIL & GAS
      • Table DIFFERENT NDT METHODS AND SOLUTIONS OFFERED IN THE OIL & GAS INDUSTRY
    • POWER GENERATION
      • Table DIFFERENT NDT METHODS AND SOLUTIONS OFFERED IN POWER GENERATION
      • Table DIFFERENT NDT METHODS AND SOLUTIONS OFFERED IN NUCLEAR POWER GENERATION
      • Table DIFFERENT NDT METHODS AND SOLUTIONS OFFERED IN RENEWABLE POWER GENERATION
    • AEROSPACE
      • Table NDT TECHNOLOGIES USED IN AEROSPACE INDUSTRY
      • Table DIFFERENT OTHER MODERN NDT METHODS USED IN THE AEROSPACE INDUSTRY
      • Table NDT ESSENTIALS FOR AIRCRAFT MAINTENANCE
    • PROCESS INDUSTRY
    • AUTOMOTIVE
      • Table NDT TECHNOLOGIES IN THE AUTOMOTIVE VERTICAL
    • FOUNDRY
      • Table NDT TECHNOLOGIES USED IN FOUNDRY INDUSTRY
    • OTHERS
  • THE NORTH AMERICAN MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET, BY COUNTRY
    • INTRODUCTION
    • NORTH AMERICA
      • Table NORTH AMERICA MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY COUNTRY, 2014-2020 ($MILLION)
      • Table NORTH AMERICA MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY COUNTRY, 2014-2020 (UNITS)
      • U.S.
        • Table U.S. EDDY-CURRENT NDT EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 ($MILLION)
        • Table U.S. EDDY-CURRENT NDT EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 (UNITS)
        • Table U.S. REMOTE FIELD TESTING EQUIPMENT MARKET, BY VERTICAL, 2014-2020 ($MILLION)
        • Table U.S. REMOTE FIELD TESTING EQUIPMENT MARKET, BY VERTICAL, 2014-2020 (UNITS)
        • Table MAGNETIC FLUX LEAKAGE TESTING EQUIPMENT MARKET SIZE IN THE U.S., BY VERTICAL, 2014-2020 ($MILLION)
        • Table U.S. MAGNETIC FLUX LEAKAGE TESTING EQUIPMENT MARKET, BY VERTICAL, 2014-2020 (UNITS)
        • Table ALTERNATING CURRENT FIELD MEASUREMENT EQUIPMENT MARKET SIZE IN THE U.S., BY VERTICAL, 2014-2020 ($MILLION)
        • Table ALTERNATING CURRENT FIELD MEASUREMENT EQUIPMENT MARKET SIZE IN THE U.S., BY VERTICAL, 2014-2020 (UNITS)
        • Table U.S. MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 ($MILLION)
        • Table U.S. MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET, BY VERTICAL, 2014-2020 (UNITS)
        • Table U.S. OIL & GAS VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table U.S. OIL & GAS MARKET SIZE, BY METHOD, 2014-2020 (UNITS)
        • Table U.S. POWER GENERATION MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table U.S. POWER GENERATION VERTICAL MARKET SIZE, BY METHOD, 2014-2020 (UNITS)
        • Table U.S. AEROSPACE VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table U.S. AEROSPACE VERTICAL MARKET SIZE, BY METHOD, 2014-2020 (UNITS)
        • Table U.S. PROCESS INDUSTRIES VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table U.S. PROCESS INDUSTRIES VERTICAL MARKET SIZE, BY METHOD, 2014-2020 (UNITS)
        • Table U.S. AUTOMOTIVE VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table U.S. AUTOMOTIVE VERTICAL MARKET SIZE, BY METHOD, 2014-2020 (UNITS)
        • Table U.S. FOUNDRIES VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table U.S. FOUNDRIES VERTICAL MARKET SIZE, BY METHOD, 2014-2020 (UNITS)
        • Table U.S. OTHERS VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table U.S. OTHERS VERTICAL MARKET SIZE, BY METHOD, 2014-2020 (UNITS)
      • CANADA
        • Table CANADIAN MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table CANADIAN MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY METHOD, 2014-2020 (UNITS)
        • Table CANADIAN MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 ($MILLION)
        • Table CANADIAN EDDY CURRENT NDT EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 ($MILLION)
        • Table CANADIAN REMOTE FIELD TESTING EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 ($MILLION)
        • Table CANADIAN MAGNETIC FLUX LEAKAGE TESTING EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 ($MILLION)
        • Table CANADIAN ALTERNATING CURRENT FIELD MEASUREMENT EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 ($MILLION)
        • Table CANADIAN OIL & GAS VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table CANADIAN POWER GENERATION VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table CANADIAN AEROSPACE VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table CANADIAN AUTOMOTIVE VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table CANADIAN FOUNDRIES VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table CANADIAN PROCESS INDUSTRIES VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table CANADIAN OTHERS VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
      • MEXICO
        • Table MEXICO MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table MEXICO MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY METHOD, 2014-2020 (UNITS)
        • Table MEXICO MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 ($MILLION)
        • Table MEXICO MAGNETIC AND ELECTROMAGNETIC NDT EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 (UNITS)
        • Table MEXICO EDDY CURRENT NDT EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 ($MILLION)
        • Table MEXICO REMOTE FIELD TESTING EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 ($MILLION)
        • Table MEXICO MAGNETIC FLUX LEAKAGE TESTING EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 ($MILLION)
        • Table MEXICO ALTERNATING CURRENT FIELD MEASUREMENT EQUIPMENT MARKET SIZE, BY VERTICAL, 2014-2020 ($MILLION)
        • Table MEXICO OIL & GAS VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table MEXICO POWER GENERATION VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table MEXICO AEROSPACE VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table MEXICO AUTOMOTIVE VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table MEXICO FOUNDRIES VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table MEXICO PROCESS INDUSTRIES VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
        • Table MEXICO OTHERS VERTICAL MARKET SIZE, BY METHOD, 2014-2020 ($MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS: THE NORTH AMERICAN MAGNETIC & ELECTROMAGNETIC NDT MARKET
    • COMPETITIVE SITUATION AND TRENDS
    • NEW PRODUCT LAUNCHES
      • Table NEW PRODUCT LAUNCHES, 2012-2014
    • AGREEMENTS, PARTNERSHIPS, EXPANSION AND CONTRACTS
      • Table AGREEMENTS, PARTNERSHIPS, EXPANSIONS, & CONTRACTS, 2013-2014
    • OTHERS
      • Table OTHERS, 2013-2014
  • COMPANY PROFILE
    • INTRODUCTION
    • GENERAL ELECTRIC COMPANY
      • BUSINESS OVERVIEW
      • PRODUCT PORTFOLIO
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OLYMPUS CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCT PORTFOLIO
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • DR. FOERSTER GMBH & CO. KG
      • BUSINESS OVERVIEW
      • PRODUCT PORTFOLIO
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ZETEC, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • MAGNETIC ANALYSIS CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCT PORTFOLIO
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MISTRAS GROUP, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EDDYFI
      • BUSINESS OVERVIEW
      • PRODUCT PORTFOLIO
      • RECENT DEVELOPMENTS
    • ASHTEAD TECHNOLOGY
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • RUSSELL NDE SYSTEMS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • TSC INSPECTION SYSTEMS
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • UNITED WESTERN TECHNOLOGIES
      • BUSINESS OVERVIEW
      • PRODUCT PORTFOLIO
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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