Eddy-current Testing Market Growth Drivers and Challenges:
Growth Drivers
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Eddy-current Testing is Becoming More and More Popular in the Aerospace Sector- The aircraft business demands the greatest requirements for material, structure, and strength. The phrases non-destructive evaluation (NDE), non-destructive inspection (NDI), and non-destructive examination all refer to the same technique. Failures in surface, strength, and cracks can lead to a variety of fatal incidents and serious injuries. A study found that globally significant passenger aircraft fatal disasters happened at a rate of 0.18 per million flights in 2019 and 0.30 per million flights in 2018. Before assembly, ECT is a frequently used testing technique for evaluating aircraft parts and components. Fatigue cracks in aviation parts are frequent and may deepen over time.
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Increasing Use of Eddy-current Testing in the Power Generation Technologies Sector- This method is frequently used in numerous applications, including fuel inspection. IAEA studies indicate that 1-3 failed fuel rods out of every 100,000 operating fuel rods worldwide, or a fuel failure rate of about 10-5. The failure rate is dropping as a result of the use of eddy-current testing.
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Eddy-current Testing is Used in Heat Exchanger Tubes- Under ideal circumstances, eddy-current testing can find flaws in pipes with a diameter of just 0.5 millimeters. When performed by a skilled expert using the proper tools, conductive materials, and equipment, this test is very accurate at detecting even the smallest defects.
Challenges
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The Staffing for Inspection Services is Underqualified and Unskilled- There are many residential, industrial, and commercial applications for non-destructive testing. Numerous end-use sectors worldwide benefit from the enhanced evaluation output. A skilled technician interprets the signals to look for tube flaws or wall loss. Baseline eddy-current testing is frequently carried out on a new heat exchanger so that the outcomes can be collected for later in-service tests to determine whether any changes have taken place. A quick, precise, and economical method of locating weakened or broken tubes before they fail and result in an expensive shutdown is Eddy's current testing.
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The Market for Eddy-current Testing is Facing Difficulties as a Result of the Drop-In Oil and Gas Prices.
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High Entry Barriers and Fierce Competition in Eddy-current Testing
Eddy-current Testing Market Size and Forecast:
|
Base Year |
2025 |
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Forecast Period |
2026-2035 |
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CAGR |
7.1% |
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Base Year Market Size (2025) |
USD 1.27 billion |
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Forecast Year Market Size (2035) |
USD 2.52 billion |
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Regional Scope |
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