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.
For
enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.
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