Global Industrial X Ray Inspection Market Overview
The increasing usage of advanced technologies has resulted in substantial changes and development in the way industries operate. Industrial X-ray inspection systems are one type of gadget that can help with quality control and risk management in an industrial setting. Identification of discrepancies, detecting faults, and finding containments in products becomes simple and quick with the use of industrial X-ray inspection devices. Electronics, scientific, industrial, aerospace, automotive, and oil and gas are some of the key end-use industries where industrial X-ray inspection systems are frequently utilised. Because of the continual high quality standards in various industries, there is a considerable demand for this system. The use of industrial X-ray inspection equipment has the advantage of providing comprehensive information about the contents regardless of package type. The use of X-ray for this purpose is more suited because it is a highly thorough and non-invasive imaging technology. Furthermore, some of the advantages of are repeatability, fast speed, and high precision. The Global Industrial X-Ray Inspection Market accounted for US$ 601.25 million in 2020 and is estimated to be US$ 1236.43million by 2030 and is anticipated to register a CAGR of 7.50%.
Global Industrial X Ray Inspection Market Dynamics
Increasing focus on safety standards will drive the growth of the Market
Metal detection and non-metallic impurity identification are also simple tasks for industrial X-ray inspection equipment. The need for industrial X-ray inspection systems is expected to grow at a high rate in the future years, owing to all of the aforementioned causes as well as others. To ensure greater safety standards and product quality, regulatory criteria for the safety and quality of assets used to generate products for public services are becoming more stringent. Asset owners and operators must cooperate closely with X-ray inspection specialists to implement X-ray inspection in their premises in the most efficient and cost-effective manner, according to government rules specifying best practices. Product failures may jeopardize the safety of both workers and the broader public, which is why production engineers and operators in a process plant priorities safety. Asset dependability is a critical aspect in preventing asset failures. Unplanned maintenance and industrial X-ray inspection systems have shown to be extremely effective in ensuring that asset performance criteria are satisfied while maintaining operational safety parameters at the lowest possible cost. As a result, during the forecast period, this factor is likely to boost the expansion of the industrial X-ray inspection market.
Global Industrial X Ray Inspection Market Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The Global Industrial X-Ray Inspection Market is segmented based on technology, offering, end-user industry and region.
On the basis of Technology, the Global Industrial X-Ray Inspection Market is segmented into Film Radiography, Computed Radiography, Direct Radiography, and Computed Tomography. Based on Offering, the target market is segmented into Equipment and Software. Based on End-User, the target market is segmented into Aerospace, Food Industry, Construction, Oil and Gas, Automotive and Manufacturing, Energy and Power, Semiconductor and Electronics.
Regional Insights:
Source: Prophecy Market Insights
On region the Global Industrial X-Ray Inspection Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In the near future, North America is leading the worldwide industrial X-ray inspection systems market. The key aspects that make North America a prominent region are strict regulation and the implementation of standards required by the associations. Furthermore, the technical committee of the Canadian General Standards Board (CGSB) has adopted the contemporary version of the ISO 9712 standard. This stage will assist them in addressing concerns connected to inspector labour efficiencies and skill sets. Inspectors will now be able to complete their certification in two years rather than five. Furthermore, as an early user of factory automation, the United States will be able to free workers from risky, monotonous, and repetitive employment.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
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Market Segmentation |
By Technology- Film Radiography, Computed Radiography, Direct Radiography, Computed Tomography By Offering– Equipment and Software By End-User Industry- Aerospace, Food Industry, Construction, Oil and Gas, Automotive and Manufacturing, Energy and Power, Semiconductor and Electronics |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Industrial X-Ray Inspection Market report based on Technology, Offering, End-User Industry and region.
Global Industrial X-Ray Inspection Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Industrial X Ray Inspection Market Key Players
Key players in the global industrial X-ray inspection systems market include OSI Systems Inc., Smiths Group Plc., Nuctech Company Limited, CEIA S.p.A., Teledyne DALSA, Nikon Metrology NV, and YXLON International GmbH among others. The industrial X-ray inspection equipment and imaging software market appears to be moderately concentrated and is moving towards the fragmented market, due to the decreasing initial investments required for manufacturing and reverse engineering. For instance, in October 2019, ULC and Nikon have announced a EUR 4.8 million prosperity partnership aimed at combining innovative approaches to extract more information from X-rays, hence enhancing illness diagnostics and industrial testing. The Engineering and Physical Science Research Council (EPSRC) is funding the five-year project, which is expected to put the UK at the forefront of X-ray imaging (XRI), which is used in a variety of sectors and industries, including medicine, security, manufacturing, aerospace, and cultural heritage.
Global Industrial X Ray Inspection Market Company Profile
- OSI Systems Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Smiths Group Plc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nuctech Company Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CEIA S.p.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Teledyne DALSA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nikon Metrology NV
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- YXLON International GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Industrial X Ray Inspection Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Industrial X-Ray Inspection Strategies
- Key Questions this Study will Answer
- Market Snippet, By Technology
- Market Snippet, By Offering
- Market Snippet, By End-User Industry
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Industrial X-Ray Inspection Market, By Technology, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Film Radiography
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Computed Radiography
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Direct Radiography
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Computed Tomography
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Industrial X-Ray Inspection Market, By Offering, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Equipment
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Software
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Industrial X-Ray Inspection Market, By End-User Industry, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Aerospace
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Food Industry
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Construction
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Oil & Gas
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Automotive & Manufacturing
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Energy & Power
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Semi-Conductors & Electronics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Industrial X-Ray Inspection Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Offering, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Offering, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Offering, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Offering, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Offering, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- OSI Systems Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Smiths Group Plc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nuctech Company Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CEIA S.p.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Teledyne DALSA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nikon Metrology NV
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- YXLON International GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Global Industrial X-Ray Inspection Market is segmented based on technology, offering, end-user and region.
Increasing focus on safety standards is major factor driving the market.
During the forecast period, North America is expected to dominate the market.
Key players in the global industrial X-ray inspection systems market include OSI Systems Inc., Smiths Group Plc., Nuctech Company Limited, CEIA S.p.A., Teledyne DALSA, Nikon Metrology NV, and YXLON International GmbH among others.