The global industrial X-ray market is a crucial segment in various industries, including automotive. It involves using X-ray inspection systems for testing and analyzing materials, components, structures, or systems without causing damage. These systems play a vital role in detecting defects and contaminants, ensuring product quality and safety. Modern non-destructive tests are widely applied in manufacturing, fabrication, and in-service inspections to maintain a uniform quality level, control production costs, and ensure product integrity and reliability.
Data Bridge Market Research analyzes that the Global Industrial X-Ray Market is expected to reach USD 1,545,870.87 thousand by 2031 from USD 8,93,124.05 thousand in 2023, growing at a CAGR of 7.1% during the forecast period of 2024 to 2031.
"Increase in demand for non-destructive testing drive the market growth"
The demand for non-destructive testing (NDT) is rising in various industries, driving the market. NDT, a crucial testing and analysis technique, assesses material, component, structural, or system properties without causing damage. Also known as non-destructive examination (NDE), non-destructive inspection (NDI), and non-destructive evaluation (NDE), this approach ensures the identification of characteristic differences, welding defects, and discontinuities in a non-invasive manner. The increasing adoption of NDT underscores its significance in maintaining quality standards across diverse sectors while preserving the integrity of original parts.
What restraints the growth of the global industrial X-ray market?
"Potential radiation exposure by x-ray systems hamper the market growth"
Widespread adoption of X-ray systems is hindered by prominent health concerns related to radiation exposure. Potential health risks associated with prolonged or excessive exposure to X-rays create hesitancy among users and regulatory bodies. Despite the critical role of X-ray systems in diagnostics, security, and industrial applications, the fear of radiation-induced harm remains a significant deterrent.
Segmentation: Global Industrial X-Ray Market
The global industrial X-ray market is segmented on the basis of product type, imaging technique, application, range, modality, source, and distribution channel.
- On the basis of product type, the global industrial X-ray market is segmented into X-ray instruments, X-ray consumables, and X-ray services
- On the basis of imaging technique, the global industrial X-ray market is segmented into digital radiography and film-based radiography
- On the basis of application, the global industrial X-ray market is segmented into aerospace industries, defense and military, power generation industry, automotive industry, manufacturing industry, food and beverages industry, and others
- On the basis of range, the global industrial X-ray market is segmented into micro focus X-ray, high energy X-ray, and others
- On the basis of modality, the global industrial X-ray market is segmented into 2D, 3D, and hybrid
- On the basis of distribution channel, the global industrial X-ray market is segmented into direct channel and indirect channel
- On the basis of source, the global industrial X-ray market is segmented into iridium-192, cobalt-59, and others
Regional Insights: North America is expected to dominate the Global Industrial X-Ray Market
North America is expected to dominate the global industrial X-ray market, propelled by major manufacturers and substantial demand. The U.S. is anticipated to lead within the region due to a heightened demand for X-ray products. The market dominance is further fueled by various companies launching new products, reflecting the region's significance as a key player in shaping the trajectory of the industrial X-ray market on a global scale.
Asia-Pacific is expected to dominate the global industrial X-ray market, with China at the forefront. Leveraging remarkable strides in technology and innovation, Chinese companies have excelled in developing and adopting advanced X-ray technologies. This focus has enabled the production of high-quality thermal imaging devices, solidifying China's regional dominance and contributing significantly to the growth and advancements in the global industrial X-ray market.
Europe is expected to dominate the global industrial X-ray market, with Germany at the forefront. German companies have a distinct advantage in developing and producing industrial X-ray instruments, leveraging their robust industrial base, particularly in manufacturing and engineering. This emphasis on innovation and production positions Germany as a key player in driving advancements and market dominance within the European region.
Recent Developments: Global Industrial X-Ray Market
- In February 2023, Shimadzu Corporation launched microfocus X-ray systems, including the Xslicer SMX-1010/1020 with improved image quality and the Xslicer SMX-6010 for high-accuracy images in electronic assembly inspection
- In August 2023, Rigaku Corporation expanded its Singapore operations, reinforcing capacity for growth, technological advancement, and improved service delivery across industries
- In May 2023, Minebea Intec GmBH introduced innovative weighing and inspection solutions, including the Mitus metal detector, Essentus checkweigher, and Dypipe X-ray inspection system
- In August 2021, Carl Zeiss AG collaborated with Oak Ridge National Laboratory on an AI and X-ray CT project for nondestructive characterization of additively manufactured parts
- In May 2021, Teledyne Technologies Incorporated completed the acquisition of FLIR Systems, forming Teledyne FLIR for expanded imaging technologies and products in unmanned systems and payloads
To know more about the study, visit https://www.databridgemarketresearch.com/reports/global-industrial-x-ray-market
The Prominent Key Players Operating in the Global Industrial X-Ray Market Include:
- North Star Imaging Inc. (U.S.)
- Hitachi, Ltd. (Japan)
- Carestream Health (U.S.)
- Avonix Imaging (U.S.)
- Shimadzu Corporation (Japan)
- Comet Group (Switzerland)
- Teledyne Technologies Incorporated (U.S.)
- Nordson Corporation (U.S.)
- General Electric (U.S.)
- Hamamatsu Photonics K.K. (Japan)
- Varex Imaging (U.S.)
- Eastman Kodak Company (U.S.)
- PROTEC GmbH & Co. KG (Germany)
- VJ X-Ray (U.K.)
- OR Technology - Oehm und Rehbein GmbH (Germany)
- Krystalvision Image Systems Pvt. Ltd. (India)
- Lucky Healthcare Co., Ltd. (Taiwan)
- Canon Electron Tubes & Devices Co., Ltd. (Japan)
- Applus+ (Spain)
- Smiths Detection Group Ltd. (U.K.)
- FUJIFILM Holdings Corporation (Japan)
- Ixar (France)
- Rigaku Corporation (Japan)
- Carl Zeiss AG (Germany)
- Minebea Intec GmbH (Germany)
- Lohmann X-Ray GmbH (Germany)
Above are the key players covered in the report, to know about more and exhaustive list of global industrial X-ray market companies, contact: https://www.databridgemarketresearch.com/contact
Research Methodology: Global Industrial X-Ray Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
