Eddy Current NDT Equipment Market to Reach $538 Million by 2026
NEW YORK — Owing to the increasing adoption of inspection technology in sectors like power generation, oil and gas, automotive and aerospace, a huge market has development for eddy current NDT equipment in the North America region. With the presence of key manufacturers and increasing demand for electric vehicles, there is likely to a spur in the demand of automotive testing equipment.
Major aircraft manufacturers such as Boeing Inc. and Airbus have their manufacturing plants in North America and accounts for more than eighty percent of aircraft production all over the world. In addition, the air transport sector supported 6.2 million jobs and contributed $654.2 billion to GDP in North America.