Global Carbon Nanotube X-Ray Tube (CNT X-Ray Tube) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Carbon Nanotube X-Ray Tube (CNT X-Ray Tube) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Carbon nanotube X-ray tube (CNT X-ray tube) is an X-ray tube based on carbon nanotubes. As a new type of X-ray tube, carbon nanotube X-ray tube (CNT X-ray tube) has many advantages such as high photon efficiency, low power consumption, controllable emission and easy integration. Carbon nanotube X-ray tube (CNT X-ray tube) can be used in medical treatment, safety inspection and so on.

Market Overview:

The latest research study on the global Carbon Nanotube X-Ray Tube (CNT X-Ray Tube) market finds that the global Carbon Nanotube X-Ray Tube (CNT X-Ray Tube) market reached a value of USD 31.74 million in 2022. It’s expected that the market will achieve USD 448.46 million by 2028, exhibiting a CAGR of 55.48% during the forecast period.

The influence of COVID-19

Due to the particularity of the epidemic situation, governments and regions of various countries have introduced policies to restrict transportation. It is required to minimize travel, avoid crowds and reduce the spread of diseases. Different countries have different policies, cross-border trade is restricted, and the state controls import and export products more strictly, which increases the transportation time of carbon nanotube X-ray tube (CNT X-ray tube). These measures increase the transportation difficulty of carbon nanotube X-ray tube (CNT X-ray tube), especially the import and export products. Many modes of transportation are affected and some modes of transportation are canceled. The seller can only change the mode of transportation and shorten the transportation time as much as possible. For example, some sellers change railway transportation to air transportation, and the air transportation price is about 4-5 times that of railway, which increases the transportation cost of Carbon Nanotube X-ray Tube (CNT X-ray Tube). Sellers will naturally increase the price of goods, and the increase in price may reduce the demand of customers, thus affecting sales and the development of the carbon nanotube X-ray tube (CNT X-ray tube) industry.

The threat of substitutes

At present, X-Ray Tube has many shapes and sizes to suit different applications, and there are also many kinds of high-voltage power supplies and control circuits available. Therefore, there are many substitutes for carbon nanotube x-ray tube (CNT x-ray tube). These substitutes will occupy the market share of Carbon Nanotube X-ray Tube (CNT X-ray Tube), thus threatening the development of Carbon Nanotube X-ray Tube (CNT X-ray Tube) in the market to some extent.

The price and quality of carbon nanotube X-ray tube (CNT X-ray tube) products will be affected by substitutes to some extent. For example, if the price of substitutes is low, Carbon Nanotube X-ray Tube (CNT X-ray Tube) can only be sold at a lower price, otherwise, the market will be seized by substitutes, resulting in the loss of market development space. Therefore, a series of influences of substitutes on carbon nanotube x-ray tube (CNT x-ray tube) will bring challenges to its development in the market.

Challenges of manufacturing technology

A carbon nanotube X-ray tube (CNT X-ray tube) is a newly developed product, which has been put on the market for a short time. At present, the manufacturing technology and process of carbon nanotube X-ray tube (CNT X-ray tube) are not too high, and there is still much room for improvement. Lack of technology and innovation is one of the important factors that hinder the development of this industry. Investors who enter this industry must have professional skills and consider the research and development expenses of their products, which will be a challenge for them.

Region Overview:

Asia Pacific dominated the Carbon Nanotube X-Ray Tube (CNT X-Ray Tube) market in 2021, with a market share of 59.85%.

Company Overview:

NuRay Technology Co., Ltd. is one of the major players operating in the Carbon Nanotube X-Ray Tube (CNT X-Ray Tube) market, holding a share of 25% in 2021.

NuRay Technology Co., Ltd.

NuRay Technology Co., Ltd. (NuRay), established in 2015, focuses on the research, development, production and sales of multi-beam X-ray source products. NuRay devotes itself to providing X-ray source solutions for medical diagnosis, security inspection, industrial NDT and other radiation imaging fields.

VSI

VSI is a leader in the electrostatic industry. VSI has developed the electrostatic elimination device using soft X-ray for the first time in Korea and overcomes the limitation of the conventional corona discharge static eliminator. It has commercialized CNT X-ray tube that can be applied to various X-ray applications with a fixed anode, and customized X-ray source can be implemented according to customer's requirements.

Segmentation Overview:

By type, Max. Anode Voltage ≥ 90kV segment accounted for the largest share of market in 2021.

Max. Anode Voltage < 90kV

CNT X-Ray Tube with Max. Anode Voltage < 90kV.

Max. Anode Voltage ≥ 90kV

CNT X-Ray Tube with Max. Anode Voltage ≥ 90kV.

Application Overview:

The market's largest segment by application is the segment Medical, with a market share of 78.32% in 2021.

Medical

The application of carbon nanotube X-ray tube (CNT X-ray tube) in medical diagnosis mainly depends on X-ray penetration, differential absorption, photosensitivity and fluorescence. In addition, carbon nanotube X-ray tube (CNT X-ray tube) can be used for treatment. According to its biological effect, when X-rays with different energies are used to irradiate the cell tissues of the focus part of human body, the irradiated cell tissues can be destroyed or inhibited, thus achieving the purpose of treating some diseases, especially tumors.

Security Check

The X-ray screening machine uses the principle of X-ray penetrating imaging to perform imaging inspection on articles. It can penetrate almost all materials such as ceramics, wood, metal, leather, rubber, etc., and is displayed in different colors according to the categories of organic matter, inorganic matter and mixture.

Key Companies in the global Carbon Nanotube X-Ray Tube (CNT X-Ray Tube) market covered in Chapter 3:

VSI
Haozhi Imaging Technology
Energy Resources International
VEC Imaging
Micro-X
NuRay Technology Co., Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Carbon Nanotube X-Ray Tube (CNT X-Ray Tube) market from 2018 to 2029 is primarily split into:

Max. Anode Voltage < 90kV
Max. Anode Voltage ≥ 90kV

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Carbon Nanotube X-Ray Tube (CNT X-Ray Tube) market from 2018 to 2029 covers:

Medical
Security Check

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)