Magnetic Flaw Detectors Market
Magnetic Flaw Detectors Market Global Industry Assessment & Forecast
#
Pages:
180
2021
Nov - 2021
VMR-2021-0296
Segments Covered
By
Type Portable Magnetic Flaw Detectors
-
By
Application Oil and Gas, Automotive, Railway, Shipbuilding, Mining, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
80 Million |
 Revenue 2028:
|
95 Million |
 Revenue CAGR
(2021 - 2028): |
5.2 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Type, Application, , and region. The report includes market size and forecast for each segment by region/country for the years 2016–2028. Moreover, it also covers a thorough analysis of growth factors and opportunities impacting segmental growth.
On the basis of Type, the market is divided into Portable Magnetic Flaw Detectors. High Speed Power dominated the global Magnetic Flaw Detectors market in 2020 and is projected to witness the same trend during the forecast period.
Based on Application, the market is segmented into Oil and Gas, Automotive, Railway, Shipbuilding, Mining, Others. Construction accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Magnetic Flaw Detectors Market: Type Segment Analysis
-
- Portable Magnetic Flaw Detectors
Global Magnetic Flaw Detectors Market: Application Segment Analysis
-
- Oil and Gas
- Automotive
- Railway
- Shipbuilding
- Mining
- Others
FAQ
Frequently Asked Question
What is the global demand for Magnetic Flaw Detectors in terms of revenue?
-
The global Magnetic Flaw Detectors valued at 80 Million in 2020 and is expected to reach 95 Million in 2028 growing at a CAGR of 5.2%.
Which are the prominent players in the market?
-
The prominent players in the market are Parker Research(US), Karl Deutsch(DE), Beijing North Star Technology(CN), Schweitzer Engineering Laboratories, Sheyang Hongliang(CN), Jiangsu Sheyang Tianyuan(CN), Jiangsu WLNDT(CN), NAWOO(KR), , (UA),Nihon, Denji Sokki(JP), JSC INTROSCOP(MD), Johnson and Allen(UK), MAGNAFLUX(US), Mitech(CN), Electro- Spect Testing Systems(US), Suzhou Fuerte(CN), Sheyang Tiansheng(CN)..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.2% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Magnetic Flaw Detectors include
- Increase in the useage of magnetic resonance imaging and also used to produce metabolic fingerprints from biological fluids for grating the information on disease states or toxic insults is fuelling the growth for Magnetic Flaw Detectors Market.
- Increase in the demand for high performance parts, good quality and less failure in final parts are expected to drive the market for magnetic flaw detector units.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Magnetic Flaw Detectors in 2020.
