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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Eddy current testing is one of several non-destructive testing methods that uses the electromagnetism principle for flaw detection in conductive materials. A specially designed coil energized with an alternating-current is placed in proximity to the test surface, generating a changing magnetic field that interacts with the test-part and produces eddy currents in the vicinity.
Variations in the changing phases and magnitude of these eddy currents are then monitored through the use of a receiver-coil or by measuring changes to the alternate current flowing in the primary excitation-coil.
The electrical conductivity variations, the magnetic permeability of the test-part, or the presence of any discontinuities, will cause a change in the eddy current and a corresponding change in phases and amplitude of the measured current. The changes are shown on a screen and are interpreted to identify defects.
Eddy current inspection system is anon-destructive testing (NDT)inspection method used for a variety of purposes, including for flaw detection, material and coating thickness measurements, material identification and establishing the heat treatment condition of certain materials.
The Global Eddy current inspection system market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Olympus designs and delivers automated inspection systems that meet the most challenging needs.The systems utilize phased array and eddy current array to inspect the full volume and surface of various products and profiles in many manufacturing industries, such as metal, aerospace, transportation, power generation, and oil & gas.
Benefits of Olympus automated inspection systems: All fields of expertise coordinated under the same roof ; Exceptional quality from a recognized brand ; Durable, scalable, and reliable solutions ; Ease of operation with minimum operator skill dependency ; High throughput.
The team designs, manufactures, and integrates all the necessary components in a dedicated project structure to build turnkey inspection systems that meet stringent requirements. With a dedicated integration hall and team of engineers, they have the resources to make sure each customer is satisfied throughout the entire process.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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