Global Industrial Xray Systems And Overview
Industrial X-ray Systems and Imaging Software Market accounted for US$ 820.4 Million in 2024 and is estimated to be US$ 1843.7 Million by 2034 and is anticipated to register a CAGR of 8.40%.
Industrial X- ray systems is used to produce the three dimension scanned object’s internal and external representation. The internal inspection of component is possible in the industrial areas due to X-ray system and imaging software. The X-ray system and imaging software is use for failure analysis, metrology, assembly analysis, flaw detection, and reverse engineering applications. Image-based finite element method changes the 3D image data from X-ray computed tomography straight into meshes for finite element analysis.
Global Industrial Xray Systems And Drivers & Restraints
The growing demand for miniaturized and portable equipment among the population is the major driving factor for the growth of global industrial X-ray systems and imaging software market. Additionally, the elimination of installation cost of the systems is another fuelling factor for the growth target market. Moreover, getting better demand from the gas and oil industry is the boosting factor for the growth of the global market. For instance, according to the data published by International Energy Agency (IEA), the U.S. region alone will add up the 3.7 million barrels of crude oil per day (mb/d) between the years 2019 to 2023. However, the cost of equipment is high for X-ray inspection systems which is major restraining factor for the growth of the target market. Nevertheless, the significant investment in the development of X-ray inspection systems and imaging software creates the opportunity for the growth of industrial X-ray inspection systems and imaging software market.
Global Industrial Xray Systems And Segmentations & Regional Insights
On the basis of offering, the global industrial X-ray systems and imaging software market is segmented into equipment and software. Equipment offering segment is the major largest share occupied segment over the forecast period. On the basis of technology, the target market is segmented into film radiography, computed radiography, direct radiography, and computed tomography. Computed tomography technology segment is the major largest share occupied segment during the forecast period. Based on end-user industry, the global market is classified into aerospace, food industry, construction, oil and gas, automotive and manufacturing, energy and power, semiconductor and electronics, and other end-user industry industries.
Based on region the global industrial X-ray systems and imaging software market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The global market in North America is seen to have a matured growth since this market correlates with the growth of economy. North America is the largest manufacturer of the X-ray inspection systems and imaging software. According to the International Distributors of Electronics Association in 2017, reported a growth of electronic component is 5.4%, when compared to the same quarter of 2017. Asia-Pacific region is expected to witness significant growth during the forecast period due to fast development of the countries in the Asia-Pacific region.
Industrial X-ray Systems and Imaging Software Market, By Offering:
- Equipment
- Software
Industrial X-ray Systems and Imaging Software Market, By Technology:
- Film Radiography
- Computed Radiography
- Direct Radiography
- Computed Tomography
Industrial X-ray Systems and Imaging Software Market, By End-User:
- Aerospace
- Food Industry
- Construction
- Oil and Gas
- Automotive and Manufacturing
- Energy and Power
- Semiconductor and Electronics
- Other End-user Industries
Industrial X-ray Systems and Imaging Software Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global Industrial Xray Systems And Competitive Landscape & Key Players
The key players operating the global industrial X-ray systems and imaging software market involves YXLON International, General Electric Company, Nikon Corporation, North Star Imaging Inc., Carestream Health Inc., Durr NDT GmbH & Co. KG, Olympus Corporation, Teledyne Dalsa Inc., Rigaku Corporation, Hamamatsu Photonics KK. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market.
Global Industrial Xray Systems And Company Profile
- YXLON International *
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- General Electric Company
- Nikon Corporation
- North Star Imaging Inc.
- Carestream Health Inc.
- Durr NDT Gmbh & Co. KG
- Olympus Corporation
- Teledyne Dalsa Inc.
- Rigaku Corporation
- Hamamatsu Photonics KK
“*” marked represents similar segmentation in other categories in the respective section.