Los Angeles, CA -- (SBWIRE) -- 04/20/2019 -- Industrial X-ray Inspection Systems as one of the most promising methods of non-destructive testing (NDT). The systems are also viewed as important screening tools for quality control and risk management, with their ability to detect contaminants, defects and inconsistencies in products. X-ray imaging offers superior precision, repeatability and high-speed capabilities.
In the coming years there is an increasing demand for Industrial X-ray Inspection Systems in the regions of North America and Europe that is expected to drive the market for more advanced Industrial X-ray Inspection Systems. Increasing of automotive fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on general industry, retrofitting and renovation of old technology, increasing adoption of Industrial X-ray Inspection Systems will drive growth in China markets.
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Globally, the Industrial X-ray Inspection Systems industry market is low concentrated as the manufacturing technology of Industrial X-ray Inspection Systems is relatively matures than some high-tech equipment. And some enterprises, like YXLON International, Nikon Metrology, Nordson, GE Measurement & Control, etc. are well-known for the wonderful performance of their Industrial X-ray Inspection Systems and related services. At the same time, Europe, occupied 32.99% production market share in 2017, is remarkable in the global Industrial X-ray Inspection Systems industry because of their market share and technology status of Industrial X-ray Inspection Systems.
The consumption volume of Industrial X-ray Inspection Systems is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Industrial X-ray Inspection Systems industry may not keep that fast. But it is surely forecasted that the market of Industrial X-ray Inspection Systems is still promising.
The global Industrial X-ray Inspection Systems market was 620 million US$ in 2018 and is expected to 790 million US$ by the end of 2025, growing at a CAGR of 3.2% between 2019 and 2025.
This report studies the Industrial X-ray Inspection Systems market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
GE Measurement & Control
Anritsu Industrial Solutions
North Star Imaging
Bosello High Technology
Thermo Fisher Scientific
By the product type, the market is primarily split into:
Digital Radiography (DR)
Computed Tomography (CT)
By the end users/application, this report covers the following segments:
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