GCCWIRE
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
GCCWIRE
submit pr
Home Press Releases

Industrial X-ray Inspection System Market Worth $1.03 Billion by 2028

admin by admin
June 28, 2022
in Press Releases
Industrial X-ray Inspection System Market Worth $1.03 Billion by 2028
Share on FacebookShare on Twitter


 


(EMAILWIRE.COM, June 28, 2022 ) According to a new market research report titled “Industrial X-ray Inspection Systems Market by Component (Hardware, Software), Imaging Technique (Digital, Film-Based), Dimension (2D X-Ray Systems, 3D X-Ray), Vertical (Electronics & Semiconductors, Oil & Gas), and Geography — Global Forecasts to 2028”, the industrial X-Ray inspection systems market is expected to grow at a CAGR of 10.3% from 2021 to 2028 to reach $1.03 billion by 2028.

Industrial X-ray inspection systems are used to detect defects or flaws in any product without any destruction or disassembly. These systems are used in several industries, including oil & gas, electronics, semiconductors, automotive, and aerospace. The adoption of industrial X-ray inspection systems is increasing in various industries as it detects defects without compromising the structural integrity of products while providing high efficiency, precision, and speed, thus maintaining high product quality.
Industrial X-ray systems play an important role in product R&D, manufacturing, fabrication, and installation processes. The end-user demand for industrial X-ray inspection systems is increasing due to various factors, including stringent safety standards, increasing consumer awareness for quality products and finished goods, rising security concerns, increasing manufacturing automation, and miniaturization of products and internal components.

Stringent government regulations regarding the safety of assets, increasing consumer awareness regarding quality standards, and rising security concerns in strategic infrastructure installations are the factors driving the growth of the industrial X-ray inspection systems market.

Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5148

Increasing automation in digital X-ray inspection systems, miniaturization of X-ray inspection systems for higher mobility, and increase in user-friendly interfaces due to technological advancements are projected to provide significant growth opportunities for vendors operating in this market.
However, the availability of substitute technologies and high equipment and maintenance costs are expected to restrain the growth of this market to a certain extent. Additionally, the lack of qualified personnel poses a major challenge for the growth of the industrial X-ray inspection systems market.

Miniaturization of X-ray Inspection Systems for Higher Mobility
Miniaturization of X-ray systems refers to the development of X-ray systems that are small in size and weight. Miniaturization plays a significant role in the world of nanotechnology. Recent advances in nanotechnology have made it possible to develop a wide variety of X-ray systems which is smaller in size.

There has been a rising demand for miniaturized X-ray inspection systems due to their higher mobility. These systems are used in applications inaccessible to other X-ray systems due to their large size. Industrial automation requires increasing miniaturization, including components and X-ray sources that are small and lightweight. Mini-X-ray inspection systems or mobile X-ray inspection systems are ideal for testing and inspection of small and compact applications, tiny machines, complicated systems, and ambient conditions.

Additionally, lightweight, small size, and minimum space requirement, which increases sensibility in assembly machines, are the key requirements for fast cycle times in production lines or handling applications. Miniature X-ray inspection systems provide high precision and ensure reliability, mobility, and flexibility. Thus, the growing demand for small-size and lightweight products drives the demand for mini-X-ray inspection systems.

Speak with Our Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5148

To provide efficient analysis, Meticulous Research® has segmented this market based on component (hardware, software, support services, consumables), imaging technique (digital imaging, film-based imaging), dimension (2D X-ray systems, 3D X-ray systems), vertical (electronics & semiconductors, aerospace, automotive, public infrastructure, power generation, oil & gas, food & beverage, manufacturing, other verticals), and geography (North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa).

Based on components, the industrial X-ray inspection systems market is segmented into hardware, software, support services, and consumables. The hardware segment is expected to account for the largest share of the industrial X-ray inspection systems market in 2021. The large market share of this segment is attributed to the increasing demand for high-quality X-ray detection solutions and technological advancements.

Based on imaging techniques, the industrial X-Ray inspection systems market is segmented into digital imaging and film-based imaging. The digital imaging segment is expected to account for the larger share of the industrial X-Ray inspection systems market in 2021. The large market share of this segment is attributed to factors such as digitalization, rising industrial automation, rising quality standards, and safety. Additionally, this segment is expected to register the highest CAGR throughout the forecast period.

Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.meticulousresearch.com/product/industrial-x-ray-inspection-system-market-5148

Based on type, the digital imaging market is segmented into direct radiography, computed radiography, and computed tomography. The direct radiography segment is expected to account for the largest market share in 2021. Effective dynamic range, high contrast detectability, accurate image capture, less radiation exposure, high flexibility, and lower operational costs are the factors attributed to the large market share of this segment. These features contribute to the adoption of direct radiography in various industries.

Based on dimensions, the industrial X-ray inspection systems market is segmented into 2D X-ray systems and 3D X-ray systems. The 2D X-ray system is expected to account for the larger market share in 2021. The large market share of this segment is attributed to its use in various automotive, aerospace, defense, and manufacturing industries to detect defects or faults in the final products. The increasing adoption of 2D X-ray systems across these industries drives the growth of this segment.

Based on the vertical, the industrial X-ray inspection systems market is segmented into electronics and semiconductors, aerospace, automotive, public infrastructure, power generation, oil & gas, food & beverages, manufacturing, and other verticals. Among these verticals, the electronics and semiconductors segment is expected to account for the largest market share in 2021. The large market share of this segment is attributed to the rising usage of X-ray inspection for 3D packaging in electronics and the integration of X-ray inspection in non-destructive testing of components, PCB assemblies, and solder joints. Additionally, this segment is slated to register the highest CAGR during the forecast period.

Based on geography, this market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is estimated to account for the largest share of the industrial X-ray inspection systems market in 2021. The large market share of this region is attributed to the rising demand for industrial X-ray systems in the oil & gas industry.

You Can Buy Report Here: https://www.meticulousresearch.com/Checkout/26420700

North America is followed by Asia-Pacific and Europe in terms of revenue share. Asia-Pacific is expected to register the highest CAGR during the forecast period.

The COVID-19 pandemic had a massive negative impact on the industrial X-ray inspection systems market in North America. Major oil & gas companies in the region decreased their investments in inspection-related activities due to low production and depressed oil prices.
The top three players in the global industrial X-ray inspection systems market with the majority market shares were Nordson Corporation (U.S.), Nikon Metrology, Inc (U.S.), and YXLON International GmbH (Germany).

The other prominent players operating in the global industrial X-ray inspection systems market include North Star Imaging, Inc. (U.S.), YXLON International GmbH (Germany), VJ Group, Inc. (U.S.), 3DX-RAY Ltd (U.K.), VisiConsult X-ray Systems & Solutions GmbH (Germany), Smiths Detection Group Ltd. (U.K.), Mettler Toledo International Inc. (U.S.), Maha X-ray Equipment Private Limited (India), Baker Hughes Company (U.S.), Ishida Co., Ltd. (Japan), Carl Zeiss AG (Germany), Ametek.Inc. (U.S.), and Thermo Fisher Scientific Inc. (U.S.).



Source link

Previous Post

Arcensus has joined hands with the Pakistani national hockey team to initiate a cardiac preventive genomic program.

Next Post

VideoMost receives high rates in G2 Spring 2022 Grid for Video Conferencing

RelatedPosts

Press Releases

Automation Testing Market Extrapolated to Reach $52.7 billion by 2027

(EMAILWIRE.COM, January 24, 2023 ) MarketsandMarkets forecasts the global Automation Testing Market size is expected to grow USD...

by admin
January 24, 2023
Turf Care Equipment Market to Hit USD 19.91 Bn by 2029 Competitive Landscape, New Market Opportunities
Press Releases

Turf Care Equipment Market to Hit USD 19.91 Bn by 2029 Competitive Landscape, New Market Opportunities

 Turf Care Equipment Market(EMAILWIRE.COM, January 24, 2023 ) According to the “Turf Care Equipment Market” report published by...

by admin
January 24, 2023
Paper Straw Market worth $1,687 million by 2024 – Exclusive Report by MarketsandMarkets™
Press Releases

Paper Straw Market worth $1,687 million by 2024 – Exclusive Report by MarketsandMarkets™

 (EMAILWIRE.COM, January 24, 2023 ) The report "Paper Straw Market by Material Type (Virgin paper, Recycled Paper), Product Type (Printed,...

by admin
January 24, 2023
Battery Coating Market worth $658 million by 2027 – Exclusive Report by MarketsandMarkets™
Press Releases

Battery Coating Market worth $658 million by 2027 – Exclusive Report by MarketsandMarkets™

 (EMAILWIRE.COM, January 24, 2023 ) The report "Battery Coating Market by Battery Component (Electrode Coating, Separator Coating, Battery Pack Coating),...

by admin
January 24, 2023
Load More

POPULAR POSTS

  • MarketsandMarkets™

    Aircraft Seat Upholstery Market worth $1.8 billion by 2025

    0 shares
    Share 0 Tweet 0
  • PallyCon unveils Robust Distributor Watermarking to Fortify Premium Content in the Distribution Phase

    0 shares
    Share 0 Tweet 0
  • KSA Weekly on Kingdom of Saudi Arabia adds to Arab Newswire Media List Press Release Distribution to MENA Region

    0 shares
    Share 0 Tweet 0
  • Automotive Fuel Tank Market Global Forecast to 2026

    0 shares
    Share 0 Tweet 0
  • Oman cable unveils the Global Sustainability Academy

    0 shares
    Share 0 Tweet 0

GCCWIRE™ provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in member countries of Gulf Corporation Council (GCC) and Middle east and North Africa. Submit press release or contact us today.

Browse By Category

News
Bahrain
Kuwait
Omar
Qatar
KSA
UAE

Recent News

Recent Posts
  • NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years
  • تحدد جمعية زوجات الضباط البحريين (NOWA) 16 من الإنجازات الرئيسية لحاجيه عائشة غامبو في عامين
  • Healthcare Interoperability Solutions Market worth $5.7 billion by 2026
  • Disney ‘Proudly’ Launches Newest Season of Acclaimed Animated Family Series

Our Newsletter

    Gccwire is part of GroupWeb Media Network. @ 2023 GroupWeb Media LLC

    No Result
    View All Result
    • Home
    • News
      • Press Releases
    • Bahrain
    • Kuwait
    • Oman
    • Qatar
    • KSA
    • UAE
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    Gccwire is part of GroupWeb Media Network. @2023 GroupWeb Media LLC