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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
Magnetic particle Inspection (MPI) system is a nondestructive 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.
The piece can be magnetized by direct or indirect magnetization. Direct magnetization occurs when the electric current is passed through the test object and a magnetic field is formed in the material.
Indirect magnetization occurs when no electric current is passed through the test object, but a magnetic field is applied from an outside source. The magnetic lines of force are perpendicular to the direction of the electric current, which may be either alternating current (AC) or some form of direct current (DC) (rectified AC).
The presence of a surface or subsurface discontinuity in the material allows the magnetic flux to leak, since air cannot support as much magnetic field per unit volume as metals.
To identify a leak, ferrous particles, either dry or in a wet suspension, are applied to a part. These are attracted to an area of flux leakage and form what is known as an indication, which is evaluated to determine its nature, cause, and course of action, if any.
The Global Magnetic Particle Inspection System market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Lightweight and Heavy Duty Magnetic Particle Inspection YokeThe Y-2 is an AC electromagnetic yoke for magnetic particle inspection that improves inspector productivity through a lightweight, ergonomic design.
The Y-2 is the next generation of hand-held yokes that is more robust to survive harsh environments better than its predecessors. The new design features customer suggested solutions such as a field-replaceable cord, water-resistant activation switch & housing, and a snap-on LED light.
Cords and triggers can be easily replaced, so work doesnât stop, and tools arenât scrapped due to accidental damage and Prevent dust and dangerous water damage with an IP54 o-ring sealed housing.
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, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
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 |