Sweden Electromagnetic NDT Market (2025-2031) | Growth, Industry, Revenue, Size, Outlook, Segmentation, Forecast, Share, Companies, Analysis, Value & Trends
Market Forecast By Method (Eddy Current Testing, Remote Field Testing, Magnetic Flux Leakage Testing), By Vertical (Oil & Gas, Power Generation, Automotive, Aerospace) And Competitive Landscape
| Product Code: ETC5927367 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Sweden Electromagnetic Ndt Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The electromagnetic NDT import shipments to Sweden in 2024 saw a notable increase in growth rate, with a CAGR of 7.08% from 2020 to 2024. Top exporting countries such as Germany, USA, Finland, China, and Netherlands contributed significantly to Sweden`s import market. Despite this, the market remained competitive and diverse, as indicated by the low Herfindahl-Hirschman Index (HHI) concentration in 2024. The impressive growth rate of 16.13% from 2023 to 2024 suggests a promising outlook for the electromagnetic NDT import market in Sweden.
Key Highlights of the Report:
- Sweden Electromagnetic NDT Market Outlook
- Market Size of Sweden Electromagnetic NDT Market, 2024
- Forecast of Sweden Electromagnetic NDT Market, 2031
- Historical Data and Forecast of Sweden Electromagnetic NDT Revenues & Volume for the Period 2021-2031
- Sweden Electromagnetic NDT Market Trend Evolution
- Sweden Electromagnetic NDT Market Drivers and Challenges
- Sweden Electromagnetic NDT Price Trends
- Sweden Electromagnetic NDT Porter`s Five Forces
- Sweden Electromagnetic NDT Industry Life Cycle
- Historical Data and Forecast of Sweden Electromagnetic NDT Market Revenues & Volume By Method for the Period 2021-2031
- Historical Data and Forecast of Sweden Electromagnetic NDT Market Revenues & Volume By Eddy Current Testing for the Period 2021-2031
- Historical Data and Forecast of Sweden Electromagnetic NDT Market Revenues & Volume By Remote Field Testing for the Period 2021-2031
- Historical Data and Forecast of Sweden Electromagnetic NDT Market Revenues & Volume By Magnetic Flux Leakage Testing for the Period 2021-2031
- Historical Data and Forecast of Sweden Electromagnetic NDT Market Revenues & Volume By Vertical for the Period 2021-2031
- Historical Data and Forecast of Sweden Electromagnetic NDT Market Revenues & Volume By Oil & Gas for the Period 2021-2031
- Historical Data and Forecast of Sweden Electromagnetic NDT Market Revenues & Volume By Power Generation for the Period 2021-2031
- Historical Data and Forecast of Sweden Electromagnetic NDT Market Revenues & Volume By Automotive for the Period 2021-2031
- Historical Data and Forecast of Sweden Electromagnetic NDT Market Revenues & Volume By Aerospace for the Period 2021-2031
- Sweden Electromagnetic NDT Import Export Trade Statistics
- Market Opportunity Assessment By Method
- Market Opportunity Assessment By Vertical
- Sweden Electromagnetic NDT Top Companies Market Share
- Sweden Electromagnetic NDT Competitive Benchmarking By Technical and Operational Parameters
- Sweden Electromagnetic NDT Company Profiles
- Sweden Electromagnetic NDT Key Strategic Recommendations
What are the future projections for the Sweden electromagnetic NDT market?
The Sweden electromagnetic NDT market is expected to witness steady growth driven by increasing adoption of advanced inspection technologies by companies like Volvo Group and SKF for ensuring the quality and reliability of their products.
In the Sweden electromagnetic NDT market, there are growing opportunities for companies specializing in advanced sensor technologies, such as Eddy Current Array (ECA) systems. Companies like Eddyfi Technologies and Zetec have been pioneering innovative ECA solutions that offer enhanced defect detection capabilities, making them attractive investment prospects for businesses seeking to capitalize on the market's demand for high-performance NDT solutions.
The electromagnetic NDT market in Sweden is primarily driven by the increasing adoption of advanced technologies by major players like Volvo Group, SKF Group, and Sandvik AB, which are constantly seeking to enhance their quality control processes. However, challenges such as the high cost of equipment and the need for skilled professionals are impeding market growth. Additionally, the market dynamics are influenced by regulatory standards set by organizations like the Swedish Institute for Standards (SIS) and the Swedish Radiation Safety Authority (SSM), which impact the overall market landscape.
Customers in the Sweden electromagnetic NDT market have shown a growing preference for digital NDT solutions that offer real-time data analysis and reporting capabilities. Companies like Sonatest and Olympus Corporation have introduced advanced electromagnetic NDT technologies that provide customers with faster and more accurate inspection results. Additionally, there is a noticeable trend towards the adoption of portable and handheld electromagnetic NDT devices, as they offer greater flexibility and ease of use for on-site inspections. Overall, customer preferences in Sweden are shifting towards more efficient and technologically advanced electromagnetic NDT solutions to improve inspection processes.
In the Sweden electromagnetic NDT market, a significant consumer trend is the increasing demand for non-destructive testing solutions that offer real-time data analysis capabilities. Companies like Sciemetric Instruments are developing advanced electromagnetic NDT technologies that provide immediate feedback to users, enhancing efficiency and accuracy in inspections. On the technology front, there is a growing adoption of portable electromagnetic NDT devices, such as those offered by Eddyfi Technologies, enabling on-site testing and inspection without the need for extensive equipment setup. In terms of policy trends, the Swedish government's focus on promoting sustainability and environmental responsibility is driving the integration of eco-friendly practices in electromagnetic NDT processes. Companies like Impact NDT are aligning their operations with these policies by investing in sustainable testing solutions and minimizing their environmental footprint.
6Wresearch actively monitors the Sweden Electromagnetic NDT Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Sweden Electromagnetic NDT Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sweden Electromagnetic NDT Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Electromagnetic NDT Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Electromagnetic NDT Market - Industry Life Cycle |
3.4 Sweden Electromagnetic NDT Market - Porter's Five Forces |
3.5 Sweden Electromagnetic NDT Market Revenues & Volume Share, By Method, 2021 & 2031F |
3.6 Sweden Electromagnetic NDT Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Sweden Electromagnetic NDT Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for non-destructive testing (NDT) solutions in various industries such as aerospace, automotive, and manufacturing. |
4.2.2 Technological advancements in electromagnetic NDT techniques enhancing the accuracy and efficiency of testing processes. |
4.2.3 Stringent government regulations mandating the use of NDT methods for ensuring safety and quality standards in industries. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing electromagnetic NDT solutions may deter small and medium-sized enterprises from adoption. |
4.3.2 Lack of skilled professionals proficient in operating and interpreting results from electromagnetic NDT equipment. |
4.3.3 Limited awareness about the benefits and applications of electromagnetic NDT among potential end-users in Sweden. |
5 Sweden Electromagnetic NDT Market Trends |
6 Sweden Electromagnetic NDT Market Segmentations |
6.1 Sweden Electromagnetic NDT Market, By Method |
6.1.1 Overview and Analysis |
6.1.2 Sweden Electromagnetic NDT Market Revenues & Volume, By Eddy Current Testing, 2021-2031F |
6.1.3 Sweden Electromagnetic NDT Market Revenues & Volume, By Remote Field Testing, 2021-2031F |
6.1.4 Sweden Electromagnetic NDT Market Revenues & Volume, By Magnetic Flux Leakage Testing, 2021-2031F |
6.2 Sweden Electromagnetic NDT Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 Sweden Electromagnetic NDT Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.3 Sweden Electromagnetic NDT Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.4 Sweden Electromagnetic NDT Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Sweden Electromagnetic NDT Market Revenues & Volume, By Aerospace, 2021-2031F |
7 Sweden Electromagnetic NDT Market Import-Export Trade Statistics |
7.1 Sweden Electromagnetic NDT Market Export to Major Countries |
7.2 Sweden Electromagnetic NDT Market Imports from Major Countries |
8 Sweden Electromagnetic NDT Market Key Performance Indicators |
8.1 Adoption rate of electromagnetic NDT solutions across different industries in Sweden. |
8.2 Rate of technological innovation and development in electromagnetic NDT equipment and techniques. |
8.3 Training and certification levels of professionals in the field of electromagnetic NDT in Sweden. |
9 Sweden Electromagnetic NDT Market - Opportunity Assessment |
9.1 Sweden Electromagnetic NDT Market Opportunity Assessment, By Method, 2021 & 2031F |
9.2 Sweden Electromagnetic NDT Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Sweden Electromagnetic NDT Market - Competitive Landscape |
10.1 Sweden Electromagnetic NDT Market Revenue Share, By Companies, 2024 |
10.2 Sweden Electromagnetic NDT Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential assessment - trade Analytics for 2030
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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