Europe X-ray Tube Market Forecast 2022-2030

Europe X-ray Tube Market Forecast 2022-2030KEY FINDINGS

The Europe X-ray tube market is expected to record a CAGR of 3.74% over the forecasting years of 2022 to 2030. The region’s market growth is driven by the latest technological advancements leveraged by leading equipment manufacturers for the development of improved products and the growing research and expansion activities in the field of X-ray tubes.

MARKET INSIGHTS

The Europe X-ray tube market growth evaluation encompasses the analysis of Italy, Spain, Belgium, Poland, the United Kingdom, Germany, France, and Rest of Europe. France is the second-largest X-ray tube market in Europe, with the demand growth largely dedicated to the country’s aerospace sector. Moreover, as one of the foremost adopters of X-ray tube technology, France’s market is matured and trending toward saturation over the forecast period.

On the other hand, the French internal security infrastructure has also recorded a significant flow of investment from the government. This is primarily accredited to recent security incidents. Aligning with this, X-ray systems in France also hold a substantial share in the country’s security systems investments, especially in aviation infrastructure, such as airports. The products used for security checks at stadiums and public transport facilities also contribute to the country’s rising demand for X-ray tubes. Although domestically manufactured products are preferred, present orders enable the inflow of foreign products into the market in order to compete on the basis of innovation and price. Hence, these factors are set to propel the market growth in Europe over the forecast period.

COMPETITIVE INSIGHTS

Some of the main companies operating in the market are Dunlee (Philips Company Group), Malvern Panalytical, Comet Holding AG, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments