Global Magnetic Flaw Detectors Market Growth 2023-2029

Global Magnetic Flaw Detectors Market Growth 2023-2029

Product Code:461901

Published Date: Feb 08,2023

Pages: 115

Region: Global

Category: Machinery & Equipment

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Magnetic particle Inspection (MPI) is a non-destructive 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.

LPI (LP Information)' newest research report, the “Magnetic Flaw Detectors Industry Forecast” looks at past sales and reviews total world Magnetic Flaw Detectors sales in 2022, providing a comprehensive analysis by region and market sector of projected Magnetic Flaw Detectors sales for 2023 through 2029. With Magnetic Flaw Detectors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Flaw Detectors industry.

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

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

The global Magnetic Flaw Detectors market size is projected to grow from US$ 70 million in 2022 to US$ 100.3 million in 2029; it is expected to grow at a CAGR of 100.3 from 2023 to 2029.

The classification of Magnetic flaw detectors include magnetic yokes,potable units and magnetic benches.

Magnetic particle testing is one of the longest established and most commonly used nondestructive testing methods. It has been widely used in many different industries, especially in automobile, aerospace, oil and gas industries, which has a huge market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Flaw Detectors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Magnetic Yokes and Potable Units
    Magnetic Benches

Segmentation by application
    Automotive
    Aerospace
    Oil & Gas
    General Industry

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.
    MAGNAFLUX
    CGM CIGIEMME SpA
    CHiNDT
    Beijing Citong
    Karl Deutsch
    Shanghai Yuguang
    Baugh & Weedon
    Western Instruments
    Sheyang Hongxu
    SREM Technologies
    Johnson and Allen
    DCM TECH INC
    NAWOO
    Nihon Denji Sokki
    Promprilad
    GOULD-BASS
    PARKER RESEARCH

Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnetic Flaw Detectors market?
What factors are driving Magnetic Flaw Detectors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetic Flaw Detectors market opportunities vary by end market size?
How does Magnetic Flaw Detectors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?