Market Overview:
The global eddy current conductivity meter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for eddy current conductivity meters from various end-use industries, such as metallurgy, electric power, aviation & aerospace, automotive, nuclear industry & military and others. In addition, the growing demand for portable digital eddy current conductivity meters is also contributing to the growth of this market.
Product Definition:
An eddy current conductivity meter is a device used to measure the electrical conductivity of a material. This type of meter is important for many reasons, including its ability to help determine the quality and purity of materials, as well as identify any defects in those materials.
Mechanical Eddy Current Conductivity Meters:
Mechanical eddy current conductivity meters are used to measure the rate of change in electrical conductivity due to fluctuation in water pressure. The device is an electronic instrument which makes use of a moving part or sensor for measuring the rate of change in electrical conductivity. It’s major application areas include oil & gas, chemical plants, refineries and power generation industries.
Protable Digital Eddy Current Conductivity Meters:
Protable Digital Eddy Current Conductivity Meter (DEDCM) is a portable, battery-powered device used for measuring conductivity in liquids and solutions. It provides accurate and instant reading with no maintenance or calibration needed. DEDCM measures the total dissolved solids (TDS), including salts, silica, and other compounds as well as electrical conductance of water at various temperatures & pressures.
Application Insights:
Electric power application segment led the global eddy current conductivity meter market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electricity across various end-use industries, such as automotive, consumer electronics, and healthcare. Furthermore, rapid industrialization in developing economies owing to government initiatives encouraging foreign investments is expected to boost product demand over the coming years.
The metallurgy application segment accounted for a significant share of revenue in 2017 due largely to its wide range of applications including coal mining and processing plants along with steel manufacturing facilities worldwide. It measures metal content in ores & concentrates as well as ferrous & non-ferrous metals using eddy currents that are generated by an electromagnet coil within the instrument itself.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for Eddy current conductivity meters from countries such as China, India, and Japan. In addition, rising demand for power generation in emerging economies of Asia Pacific region will drive the product demand further.
The Middle East & Africa is also likely to witness significant growth over the coming years owing to increasing nuclear power plant construction in countries such as UAE and Saudi Arabia. Moreover, growing oil & gas industry coupled with government initiatives aimed at reducing dependence on imports will fuel market growth in MEA region during the forecast period.
North America was one of prominent markets accounting for a share of more than 20% in 2016 owing to high usage rates across several industries including metallurgy.
Growth Factors:
- Increasing demand for Eddy Current Conductivity Meter from end-use industries such as automotive, aerospace, and defense due to the advantages offered by these meters over traditional methods.
- Growing popularity of Eddy Current Conductivity Meter in small and medium-sized enterprises (SMEs) due to its low cost and easy operability.
- Rising research and development activities undertaken by leading players in the market to develop innovative products that can cater to the changing needs of consumers.
- Proliferation of online retail platforms that offer a wide range of Eddy Current Conductivity Meter at competitive prices, thereby aiding in the growth of this market segment. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Eddy Current Conductivity Meter Market Research Report
By Type
Mechanical Eddy Current Conductivity Meters, Protable Digital Eddy Current Conductivity Meters
By Application
Metallurgy, Electric Power, Aviation & Aerospace, Automotive, Nuclear Industry & Military, Others
By Companies
SigmaCheck (ETher NDE), TMTeck Instrument (TMTeck), Verimation (K.J. Law), NDT-KITS, Testech Group, Fischer Technologies, Suzhou Desisen Electronics, Xiamen First, Zappi Technologies, FOERSTER, Olympus IMS, HUATEC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Eddy Current Conductivity Meter Market Report Segments:
The global Eddy Current Conductivity Meter market is segmented on the basis of:
Types
Mechanical Eddy Current Conductivity Meters, Protable Digital Eddy Current Conductivity Meters
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metallurgy, Electric Power, Aviation & Aerospace, Automotive, Nuclear Industry & Military, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SigmaCheck (ETher NDE)
- TMTeck Instrument (TMTeck)
- Verimation (K.J. Law)
- NDT-KITS
- Testech Group
- Fischer Technologies
- Suzhou Desisen Electronics
- Xiamen First
- Zappi Technologies
- FOERSTER
- Olympus IMS
- HUATEC
Highlights of The Eddy Current Conductivity Meter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mechanical Eddy Current Conductivity Meters
- Protable Digital Eddy Current Conductivity Meters
- By Application:
- Metallurgy
- Electric Power
- Aviation & Aerospace
- Automotive
- Nuclear Industry & Military
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Eddy Current Conductivity Meter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An Eddy Current Conductivity Meter is a device used to measure the conductivity of a fluid. It uses an electric current to create an electromagnetic field and measure the amount of resistance this field causes in the fluid.
Some of the key players operating in the eddy current conductivity meter market are SigmaCheck (ETher NDE), TMTeck Instrument (TMTeck), Verimation (K.J. Law), NDT-KITS, Testech Group, Fischer Technologies, Suzhou Desisen Electronics, Xiamen First, Zappi Technologies, FOERSTER, Olympus IMS, HUATEC.
The eddy current conductivity meter market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Eddy Current Conductivity Meter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Eddy Current Conductivity Meter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Eddy Current Conductivity Meter Market - Supply Chain
4.5. Global Eddy Current Conductivity Meter Market Forecast
4.5.1. Eddy Current Conductivity Meter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Eddy Current Conductivity Meter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Eddy Current Conductivity Meter Market Absolute $ Opportunity
5. Global Eddy Current Conductivity Meter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Eddy Current Conductivity Meter Market Size and Volume Forecast by Type
5.3.1. Mechanical Eddy Current Conductivity Meters
5.3.2. Protable Digital Eddy Current Conductivity Meters
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Eddy Current Conductivity Meter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Eddy Current Conductivity Meter Market Size and Volume Forecast by Application
6.3.1. Metallurgy
6.3.2. Electric Power
6.3.3. Aviation & Aerospace
6.3.4. Automotive
6.3.5. Nuclear Industry & Military
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Eddy Current Conductivity Meter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Eddy Current Conductivity Meter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Eddy Current Conductivity Meter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Eddy Current Conductivity Meter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Eddy Current Conductivity Meter Demand Share Forecast, 2019-2026
9. North America Eddy Current Conductivity Meter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Eddy Current Conductivity Meter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Eddy Current Conductivity Meter Market Size and Volume Forecast by Application
9.4.1. Metallurgy
9.4.2. Electric Power
9.4.3. Aviation & Aerospace
9.4.4. Automotive
9.4.5. Nuclear Industry & Military
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Eddy Current Conductivity Meter Market Size and Volume Forecast by Type
9.7.1. Mechanical Eddy Current Conductivity Meters
9.7.2. Protable Digital Eddy Current Conductivity Meters
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Eddy Current Conductivity Meter Demand Share Forecast, 2019-2026
10. Latin America Eddy Current Conductivity Meter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Eddy Current Conductivity Meter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Eddy Current Conductivity Meter Market Size and Volume Forecast by Application
10.4.1. Metallurgy
10.4.2. Electric Power
10.4.3. Aviation & Aerospace
10.4.4. Automotive
10.4.5. Nuclear Industry & Military
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Eddy Current Conductivity Meter Market Size and Volume Forecast by Type
10.7.1. Mechanical Eddy Current Conductivity Meters
10.7.2. Protable Digital Eddy Current Conductivity Meters
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Eddy Current Conductivity Meter Demand Share Forecast, 2019-2026
11. Europe Eddy Current Conductivity Meter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Eddy Current Conductivity Meter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Eddy Current Conductivity Meter Market Size and Volume Forecast by Application
11.4.1. Metallurgy
11.4.2. Electric Power
11.4.3. Aviation & Aerospace
11.4.4. Automotive
11.4.5. Nuclear Industry & Military
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Eddy Current Conductivity Meter Market Size and Volume Forecast by Type
11.7.1. Mechanical Eddy Current Conductivity Meters
11.7.2. Protable Digital Eddy Current Conductivity Meters
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Eddy Current Conductivity Meter Demand Share, 2019-2026
12. Asia Pacific Eddy Current Conductivity Meter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Eddy Current Conductivity Meter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Eddy Current Conductivity Meter Market Size and Volume Forecast by Application
12.4.1. Metallurgy
12.4.2. Electric Power
12.4.3. Aviation & Aerospace
12.4.4. Automotive
12.4.5. Nuclear Industry & Military
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Eddy Current Conductivity Meter Market Size and Volume Forecast by Type
12.7.1. Mechanical Eddy Current Conductivity Meters
12.7.2. Protable Digital Eddy Current Conductivity Meters
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Eddy Current Conductivity Meter Demand Share, 2019-2026
13. Middle East & Africa Eddy Current Conductivity Meter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Eddy Current Conductivity Meter Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Eddy Current Conductivity Meter Market Size and Volume Forecast by Application
13.4.1. Metallurgy
13.4.2. Electric Power
13.4.3. Aviation & Aerospace
13.4.4. Automotive
13.4.5. Nuclear Industry & Military
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Eddy Current Conductivity Meter Market Size and Volume Forecast by Type
13.7.1. Mechanical Eddy Current Conductivity Meters
13.7.2. Protable Digital Eddy Current Conductivity Meters
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Eddy Current Conductivity Meter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Eddy Current Conductivity Meter Market: Market Share Analysis
14.2. Eddy Current Conductivity Meter Distributors and Customers
14.3. Eddy Current Conductivity Meter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SigmaCheck (ETher NDE)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TMTeck Instrument (TMTeck)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Verimation (K.J. Law)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. NDT-KITS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Testech Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fischer Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Suzhou Desisen Electronics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Xiamen First
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zappi Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FOERSTER
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Olympus IMS
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HUATEC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
