The Global Market for Industrial X-Ray Inspection Systems is Projected to Exceed US$722.4 Million by 2024

Focus on Safety & Quality Standards Drives the Global Industrial X-Ray Inspection Systems Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Industrial X-Ray Inspection Systems market. The global market for Industrial X-Ray Inspection Systems is projected to exceed US$722.4 million by 2024, driven by demand for high safety and quality standards leading to increasing usage of product inspection tools in various industries, advancements in digital technology, and rising security concerns.
Primarily known for their non-intrusive approach to screening, X-ray inspection systems have emerged as one of the most important tools in testing applications. The latest crop of X-ray systems for industrial applications boast of advanced computer, sensor, and communication technologies and are more user friendly, fast and safe to operate. Upgradation in software, coupled with technical advancement in hardware has significantly improved the overall efficiency and ease-of-use of these systems. Consequently, the application range of X-ray systems has fast expanded from R&D to production line testing. One of the most important testing tools these days, the X-ray inspection system facilitates timely detection of contaminants such as stone, dense plastics, calcified bone, metal, or glass. Demand for Non-Destructive Test (NDT) equipment is driven by stringent industry product specifications and tight quality control requirements set by the manufacturers across industries in recent years. The ongoing technological advancements and new application areas including alternate energy, complex electronics, and material testing are expected to drive the X-ray and ultrasonic inspection systems market, projected to grow at a healthy pace.
Food & beverage and pharmaceutical sectors are realizing the potential of X-ray inspection systems in controlling and verifying product quality during production, and preventing potential quality-related issues. These systems are also finding use in security applications such as in airports, borders and seaports for detecting contraband and hazardous materials. Over the years, X-ray systems have undergone several advancements including accurate X-ray generation techniques based on microfocal X-ray sources, higher resolution detectors and integration of sophisticated software that facilitate accurate and reliable high-speed inspection. Advanced technologies such as 4-D computed tomography, which is capable of capturing critical internal structures as well as enhancing real time monitoring capabilities, is one of the major technologies expected to bridge the gap between conventional and modern industrial X-ray inspection systems. Film-based systems, one of the oldest and the most accepted methods of X-ray inspection, are experiencing decline in adoption in wake of increased competition from technologically advanced digital systems that offer enhanced productivity, processing speed, computer-aided image interpretation, safety, ease of use and capability to conveniently share, archive and retrieve images.

As stated by the new market research report on Industrial X-Ray Inspection Systems, the United States represents the largest market worldwide. Asia-Pacific is the fastest growing market exhibiting a CAGR of 6.8% over the analysis period. The increasing pace of infrastructure development in Asia-Pacific and the rising number of legislative and environmental policies being enacted in emerging nations are expected to be major growth contributors to the region’s Industrial X-Ray Inspection Systems markets.

Key players in the market include 3DX-RAY Ltd., Anritsu Infivis Ltd., Bosello High Technology srl, General Electric Company, Mettler-Toledo International Inc., Minebea Intec, Nikon Metrology NV, Nordson DAGE, North Star Imaging, Inc., Shimadzu Corp., Thermo Fisher Scientific, Inc., Toshiba IT & Control Systems Corp., Vision Medicaid Equipments Pvt. Ltd., VJ Group, Inc., and YXLON International GmbH among others.

The research report titled “Industrial X-Ray Inspection Systems: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in US$ for major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World. Product segments analyzed in the report include Digital Systems (Computed Tomography (CT), and Others), and Film-based Systems.

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