iCrowdNewswire Jan 13, 2021 7:00 AM ET
As per Market Research Future (MRFR), The global X-ray inspection systems market is projected to reach approximately USD 810 million at a CAGR of 8% from 2017 to 2023 (forecast period). The study addresses the opportunities, risks, cost structure, and significant developments in the global X-ray inspection systems market and the impact of COVID-19 on these aspects.
X-ray inspection systems are used to detect small defects in any product or metal through destructive means. These inspection techniques cover a wide variety of fields, such as automotive, food and pharmaceuticals, and many more, from the inspection of cracks in materials to identifying the external matter in materials. Increased use of minute products and their assembly in the electronics industry require a standard inspection to identify hidden defects.
X-rays have a high energy density that can pass through the product. The X-rays for the radiograph are created by an electric X-ray tube. The X-rays are reduced to a higher or lower degree, depending on the density of the object to be examined. The detector, which is the source at the other end, converts the left-over radiation to electric signals and varies the density of the examined object.
Global X-ray inspection systems have seen rapid growth in recent years. The adoption of technology drives growth in the food and pharmaceutical industries, the aviation sector, and the demand for technically advanced systems is driving the market.
Some of the industry giants in the market of the global X-ray inspection systems are Nordson DAGE (UK), North Star Imaging, Inc. (U.S.), Nikon Metrology NV (Belgium), YXLON International GmbH (Germany), VisiConsult X-ray Systems & Solutions GmbH (Germany), VJ Group, Inc. (U.S.), Mettler-Toledo International Inc. (Switzerland), Smiths Detection, Inc. (UK), and General Electric Co. (U.S.) among others.
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The global X-ray inspection systems market has been segmented based on imaging technique, dimension, and vertical.
- Based on the imaging technique, the global X-ray inspection systems market has been segmented into film based imaging and digital imaging. The digital imaging is further divided into digital radiography, computed tomography. Digital radiography consists of direct digital type and computed type.
- Based on the dimension, the global X-ray inspection systems market has been segmented into 2D and 3D.
- Based on verticals, the global X-ray inspection systems market has been segmented into aerospace, automotive, power and infrastructure, government, manufacturing, and many more.
The global market for X-ray inspection systems is studied for regions: North America, Europe, Asia Pacific, and the Rest of the World.
Asia Pacific is expected to have a high growth rate during the forecast period. Development is powered by the food industry and the power generation market, which uses highly advanced detection techniques. North America is projected to hold a large market share in the global market for X-ray inspection systems due to the presence of significant market players, being technically advanced, and at a high rate of adoption across different industries.
TABLE OF CONTENTS:
- Market Introduction
- Research Methodology
- Market Dynamics
- Executive Summary
- Market Factor Analysis
- X-ray Inspection Systems Market, By Segments
- Competitive Analysis
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