Asia-Pacific Industrial Computed Radiography Market - Analysis and Forecast, 2023-2033

Asia-Pacific Industrial Computed Radiography Market - Analysis and Forecast, 2023-2033

Introduction to Asia-Pacific Industrial Computed Radiography Market

The Asia-Pacific industrial computed radiography market is estimated to reach $19.30 million by 2033 from $13.50 million in 2022, at a growth rate of 3.49% during the forecast period 2023-2033. The market for industrial computed radiography systems is expanding rapidly due to the increasing need for non-destructive testing (NDT) solutions, technical breakthroughs, the shift to digital imaging, and the growing focus on sustainability. The market is anticipated to keep growing in the upcoming years due to ongoing developments and possible applications in developing industries.

Market Introduction

The industrial computed radiography market in the Asia-Pacific region is expanding steadily, which is encouraging partnerships and investments in computed radiography technology. Nonetheless, the industry confronts some difficulties, such as a lack of qualified personnel to carry out non-destructive testing using computed radiography equipment. Moreover, the development of industrial computed radiography systems is being impacted by the growing use of digital radiography systems, which have the ability to visualize images in real time and automatically identify defects.

The unique requirements of sectors like aerospace and oil and gas, which call for small, portable radiography equipment that can visualize images in real time even in offshore settings, provide additional difficulties. These sectors require effective flaw correction. Consequently, industrial computed radiography system makers and non-destructive testing service providers are increasingly moving away from computed radiography.

These elements influence the Asia-Pacific industrial computed radiography market, where the need for sophisticated non-destructive testing methods spurs technological innovation and digital technology adoption. It is anticipated that the market will keep changing to satisfy industry-specific needs and get over obstacles with skilled personnel and technology improvements.

Market Segmentation

Segmentation 1: by Application

Aerospace and Defense
Automotive
Oil and Gas
Power and Energy
Security
Explosive Ordnance Disposal and Improvised Explosive Device
Electronics and Semiconductors
Food and Drugs
Transportation Infrastructure
Construction
Marine
Manufacturing
Heavy Industries
Others

Segmentation 2: by Component

Imaging Plates
Computed Radiography Reader (Digitizer)
Review Station with Acquisition Software

Segmentation 3: by Region

Asia-Pacific - China, Japan, India, and Rest-of-Asia-Pacific

How can this report add value to an organization?

Platform/Innovation Strategy:The product segment helps the reader understand the various component that is integrated with industrial computed radiography to conduct safe, secure, and efficient non-destructive testing. Moreover, the study provides the reader with a detailed understanding of the components, such as imaging plates and computed radiography readers. In addition, it provides a detailed understanding of the acquisition software that the review station uses to review the images captured by the imaging plates.

Growth/Marketing Strategy:The Asia-Pacific industrial computed radiography market has seen major development activities by key players operating in the market, such as business expansion activities, contracts, mergers, partnerships, collaborations, and joint ventures. The favored strategy for the companies has been contracted to strengthen their position in the industrial computed radiography market.

Competitive Strategy:Key players in the Asia-Pacific industrial computed radiography market analyzed and profiled in the study involve industrial computed radiography manufacturers that offer docking systems and enabling capabilities. Moreover, a detailed competitive benchmarking of the players operating in the Asia-Pacific industrial computed radiography market offers various solutions to conduct non-destructive testing efficiently through portable computed radiography systems. Additionally, comprehensive competitive strategies such as contracts, partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysis of the company's coverage, product portfolio, and market penetration.

Some of the prominent companies in this market are:

MQS Technologies Pvt. Ltd.
Rigaku Corporation

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