Global X-ray Inspection System Market Size study & Forecast, by Technology (Digital Imaging, Film Based Imaging) by Dimension (2D, 3D) by Vertical (Manufacturing, Oil & gas, Aerospace, Government Infrastructure, Automotive, Power Generation, Food & Pharma

Global X-ray Inspection System Market Size study & Forecast, by Technology (Digital Imaging, Film Based Imaging) by Dimension (2D, 3D) by Vertical (Manufacturing, Oil & gas, Aerospace, Government Infrastructure, Automotive, Power Generation, Food & Pharmaceuticals, Others) and Regional Analysis, 2023-2030

Global X-ray Inspection System Market is valued approximately USD 0.75 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2023-2030. X-ray Inspection System is a technology used for examining the internal structure of objects or materials using X-rays. These systems typically consist of an X-ray source, which emits X-ray radiation, and a detector, which captures the X-rays after they pass through the object being inspected. The object is placed between the X-ray source and the detector, and any variations in the absorption of X-rays by different materials within the object produce an image that reveals its internal features. The X-ray Inspection System market is expanding because of factors such as rising integration of medical robotics into X-ray inspection system and growing rate of industrialization. As a result, the demand of X-ray Inspection System has progressively increased in the international market during the forecast period 2023-2030.

Medical robotics can provide highly precise and accurate movements, enhancing the overall performance of X-ray inspection systems. This improved accuracy can lead to better detection and analysis of defects or anomalies in the inspected materials, which is particularly crucial in industries where quality control is paramount, such as manufacturing or healthcare. According to the Statista, the global medical robotics market accounts USD 10.9 billion in 2021 and projected to reach up to USD 44.4 billion by the year 2030. Furthermore, medical X-ray Inspection Systems are a fundamental tool in medical imaging, allowing healthcare professionals to visualize the internal structures of the human body for diagnostic purposes, such as detecting fractures, tumors, or other abnormalities. Another important factor drives the X-ray Inspection System market is increasing rate of industrialization. These -ray Inspection Systems are used to inspect products for defects, such as cracks, voids, or foreign objects, ensuring quality control and compliance with industry standards throughout manufacturing process. In addition, as per Statista, in 2020 the global manufacturing industry accounted for USD 12.17 trillion and is projected to reach up to USD 17.67 trillion by the year 2028. Moreover, growing investments in smart manufacturing technologies and technological advancements associated to digital imaging automated inspection systems is anticipated to create a lucrative growth opportunity for the market over the forecast period. However, high cost of X-ray Inspection System and presence of alternative inspection technologies is going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global X-ray Inspection System Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing emphasis on adopting cutting-edge imaging technologies in the region. Cutting-edge imaging technologies enable X-ray Inspection Systems to be more versatile in their applications. They can be adapted to inspect a wide range of products across various industries, from food and pharmaceuticals to electronics and automotive components, thereby expanding their market reach and driving growth. The region’s dominant performance is anticipated to propel the overall demand of X-ray Inspection System. Furthermore, Asia Pacific is expected to grow fastest during the forecast period, owing to factors such as growing rate of industrialization in the region. X-ray Inspection Systems can help industrial operations run more efficiently and cost-effectively. Companies that identify problems or irregularities prior to the manufacturing process can save costly rework, recalls, and warranty claims.

Major market player included in this report are:
Mettler-Toledo International Inc
Nordson Corporation
Comet Group Holding AG
YXLON International GmbH
Viscom AG
North Star Imaging, Inc
Nikon Metrology NV
General Electric Company
Smith’s Detection, Inc
3DX-RAY Ltd

Recent Developments in the Market:
 In May 2023, Nikon Corporation has announced that the first model in its new high-performance X-ray CT series, which features improved precision, resolution, and scan speed, is now available for order. The large-volume VOXLS 40 C 450, which can inspect items of varying sizes and densities both internally and externally, is suitable for a wide range of applications, including additively manufactured components. The machinery includes two microfocus X-ray sources made by Nikon and exclusive to the company. One source is rated at 450 kV for penetrating large or dense parts, while the other at 225 kV for analysing smaller or lower density components.

Global X-ray Inspection System Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Technology, Dimension, Vertical, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

by Technology
Digital Imaging
Film Based Imaging

by Dimension
2D
3D

by Vertical
Manufacturing
Oil & gas
Aerospace
Government Infrastructure
Automotive
Power Generation
Food & Pharmaceuticals
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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