Global Industrial X-Ray Inspection Systems Market Analysis 2022-2027

  • Publish Date
    January 7, 2023
  • No of Pages
    238
  • SKU Code
    GIR 7903
  • Format

Report Overview

  • Understand the latest market trends and future growth opportunities for the Industrial X-Ray Inspection Systems industry globally with research from the Global Industry Reports team of in-country analysts – experts by industry and geographic specialization.
  • Key trends are clearly and succinctly summarized alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight, and confident growth projections.
  • The report will cover the overall analysis and insights in relation to the size and growth rate of the “Global Industrial X-Ray Inspection Systems Market” by various segments at a global and regional level for the 2010-2027 period, with 2010-2021 as historical data, 2021 as a base year, 2022 as an estimated year and 2022-2027 as forecast period.

Description:

  • In the post COVID-19 business landscape, the global market for Industrial X-Ray Inspection Systems estimated at US$563.4 Million in the year 2020, is projected to reach a revised size of US$874.1 Million by 2027, growing at a CAGR of 6.5% over the period 2022-2027.
  • Digital, one of the segments analyzed in the report, is projected to record 7% CAGR and reach US$698.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Film segment is readjusted to a revised 4.6% CAGR for the next 7-year period.
  • The Industrial X-Ray Inspection Systems market in the U.S. is estimated at US$190.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$83.1 Million by the year 2027 trailing a CAGR of 8% over the analysis period 2020 to 2027.
  • Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR.

Industrial X-Ray Inspection Systems Market

MARKET DATA INCLUDED

  • Unit SalesAverage Selling PricesMarket Size & Growth Trends
  • COVID-19 Impact  and Global Recession Analysis
  • Analysis  of US  inflation reduction act 2022
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Market Drivers & Limiters
  • Market Forecasts Until 2027, and Historical Data to 2015
  • Recent Mergers & Acquisitions
  • Company Profiles and Product Portfolios
  • Leading Competitors

The Industrial X-Ray Inspection Systems Report Includes:

  • The report provides a deep dive into details of the industry including definitions, classifications, and industry chain structure.
  • Analysis of key supply-side and demand trends.
  • Detailed segmentation of international and local products.
  • Historic volume and value sizes, company, and brand market shares.
  • Five-year forecasts of market trends and market growth.
  • Robust and transparent research methodology conducted in-country.
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
  • Provision of market value (USD Billion) data for each segment and sub-segment.
  • Analysis by geography, region, Country, and its states.
  • A brief overview of the commercial potential of products, technologies, and applications.
  • Company profiles of leading market participants dealing in products category.
  • Description of properties and manufacturing processes.
  • marketed segments on the basis of type, application, end users, region, and others.
  • Discussion of the current state, setbacks, innovations, and future needs of the market.
  • Examination of the market by application and by product sizes; utility-scale, medium scale and small-scale.
  • Country-specific data and analysis for the United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Switzerland, Australia, India, Italy, Turkey, Qatar, Sweden, Spain, Belgium, Netherlands, Norway, Singapore, Egypt, Denmark, Austria, Vietnam, Brazil, Argentina, Mexico, South Africa, and others.
  • Coverage of historical overview, key industrial development and regulatory framework.
  • Analysis of competitive developments, such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the market.
  • A look at the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders.

Reports Scope and Segments:

Report Attribute Details
Market size value in 2021 USD 601 Million
Revenue forecast in 2027 USD 874.1 Million
Growth Rate CAGR of 7% from 2021 to 2027
Base year for estimation 2021
Historical data 2015 – 2021
Forecast period 2022 – 2027
Quantitative units Revenue in USD million and CAGR from 2021 to 2027
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, trends, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth InitiativesCOVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, Disease Overviews.

Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.

Segments covered Product, Component, Technology, Application, Region
Regional scope North America; Europe; Asia Pacific; Latin America; Middle East and Africa and rest of the world
Country scope United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Switzerland, Australia, India, Italy, Turkey, Qatar, Sweden, Spain, Belgium, Netherlands, Norway, Singapore, Egypt, Denmark, Austria, Vietnam, Brazil, Argentina, Mexico, South Africa, and others.
Key companies profiled 3DX-RAY Ltd; Ametek, Inc.; Anritsu Corporation; Aolong Group; Baker Hughes Company; Bosello High Technology; Carestream Health Inc.; Carl Zeiss X-ray Technologies; CEIA S.p.A.; DanDong Huari; Eriez Manufacturing; General Electric Company; Glenbrook Technologies; Ishida Co., Ltd.; Loma; Maha X-ray Equipment Private Limited; Mekitec; Mesnac; Mettler Toledo International Inc.; MEYER; Minebea Intec GmbH; Multivac Packaging Machines; Nikon Metrology NV; Nordson DAGE; North Star Imaging Inc.; Nuctech Company Limited; OSI Systems Inc.; SANYING; Sartorius; Sesotec GmbH; Shimadzu Corporation; Smiths Detection, Inc.; TECHIK; Teledyne DALSA; Test Research, Inc.; Thermo Fisher Scientific; Thermo Fisher Scientific Inc.; Toshiba IT & Control Systems Corporation; UNICOMP; Viscom AG; VisiConsult X-ray Systems & Solutions GmbH; Vision Medicaid Equipments Private Limited; ViTrox Corporation; VJ Technologies; YXLON International; Zhengye Technology and others
Customization scope Free report customization (equivalent up to 10 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.
Report Format PDF, PPT, Excel & Online User Account

Industrial X-ray Inspection System Market, by Component

  • Hardware
  • Software
  • Support Services
  • Consumables

Industrial X-ray Inspection System Market, by Imaging Technique

  • Digital Imaging
    • Digital Radiography
    • Computed Radiography
    • Computed Tomography
  • Film-Based Imaging

Industrial X-ray Inspection System Market, by Dimension

  • 2D X-ray Systems
  • 3D X-ray Systems

Industrial X-ray Inspection System Market, by Vertical

  • Electronics & Semiconductors
    • PCB Inspection
    • Solder Joint Inspection
    • Wafer Inspection
    • Automated Optical Inspection
    • Other Applications
  • Aerospace
    • Aircraft Maintenance
    • Composite Material Analysis
  • Automotive
  • Public Infrastructure
    • Airport Security
    • Railway Tracks
    • Bridges and Tunnels
  • Power Generation
    • Nuclear Power Plants
    • Renewable Energy Plants
    • Non-Renewable Energy Plants
  • Oil & Gas
    • Subsea Pipeline Monitoring
    • Transmission Pipeline Monitoring
    • Storage Tank Monitoring
    • Refinery Plant Monitoring
  • Food & Beverages
  • Manufacturing
    • Product Quality Control
    • Additive Manufacturing
    • Plant Health Monitoring
  • Other Verticals

Key Market Players

3DX-RAY Ltd; Ametek, Inc.; Anritsu Corporation; Aolong Group; Baker Hughes Company; Bosello High Technology; Carestream Health Inc.; Carl Zeiss X-ray Technologies; CEIA S.p.A.; DanDong Huari; Eriez Manufacturing; General Electric Company; Glenbrook Technologies; Ishida Co., Ltd.; Loma; Maha X-ray Equipment Private Limited; Mekitec; Mesnac; Mettler Toledo International Inc.; MEYER; Minebea Intec GmbH; Multivac Packaging Machines; Nikon Metrology NV; Nordson DAGE; North Star Imaging Inc.; Nuctech Company Limited; OSI Systems Inc.; SANYING; Sartorius; Sesotec GmbH; Shimadzu Corporation; Smiths Detection, Inc.; TECHIK; Teledyne DALSA; Test Research, Inc.; Thermo Fisher Scientific; Thermo Fisher Scientific Inc.; Toshiba IT & Control Systems Corporation; UNICOMP; Viscom AG; VisiConsult X-ray Systems & Solutions GmbH; Vision Medicaid Equipments Private Limited; ViTrox Corporation; VJ Technologies; YXLON International; Zhengye Technology and others.

Industrial X-Ray Inspection Systems Market

Recent Developments

  • One of the key market players in X-ray inspection systems, HEUFT SYSTEMTECHNIK GMBH launched a new pulsed X-ray technology that provides maximum detection capability in a limited space.
  • A prominent market player in advanced detection solutions, Peco InspX Corporation developed a new solution to effectively detect vent tube fragments.
  • October 2019 – ULC partnered with Nikon to launch a EUR 4.8 million prosperity partnership, which aims to combine new techniques to gain more information from X-rays, improving disease detection and industrial testing. The five-year initiative is funded by the Engineering and Physical Science Research Council (EPSRC), and is anticipated to put the UK at the forefront of X-ray imaging (XRI), which plays an important role in a range of sectors and industries, from medicine to security, manufacturing, aerospace, and cultural heritage.
  • June 2019 – Baker Hughes, a GE company, planned to open a new Customer Solutions Center (CSC) in Silicon Valley for its Inspection Technologies (IT) business. The BHGE Silicon Valley CSC, located in San Jose, Calif., may bring BHGE’s most advanced non-destructive testing technologies under one roof. The BHGE Silicon Valley CSC is likely to provide customers for X-ray and computed tomography (CT) machine demonstrations, application development, industrial inspection services, and training.

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What`s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to our digital archives and Report Store Platform
  • Complimentary updates for one year

Chapter 1 Executive Summary

Chapter 2 Assumptions and Acronyms Used

Chapter 3 Research Methodology

Chapter 4 Industrial X-ray Inspection Systems Market Overview

4.1 Introduction

4.1.1 Market Taxonomy

4.1.2 Market Definition

4.1.3 Macro-Economic Factors Impacting the Market Growth

4.2 Industrial X-ray Inspection Systems Market Dynamics

4.2.1 Market Drivers

4.2.2 Market Restraints

4.2.3 Market Opportunity

4.3 Industrial X-ray Inspection Systems Market – Supply Chain Analysis

4.3.1 List of Key Suppliers

4.3.2 List of Key Distributors

4.3.3 List of Key Consumers

4.4 Key Forces Shaping the Industrial X-ray Inspection Systems Market

4.4.1 Bargaining Power of Suppliers

4.4.2 Bargaining Power of Buyers

4.4.3 Threat of Substitution

4.4.4 Threat of New Entrants

4.4.5 Competitive Rivalry

4.5 Global Industrial X-ray Inspection Systems Market Size & Forecast, 2018-2028

4.5.1 Industrial X-ray Inspection Systems Market Size and Y-o-Y Growth

4.5.2 Industrial X-ray Inspection Systems Market Absolute $ Opportunity

Chapter 5 Global Industrial X-ray Inspection Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial X-ray Inspection Systems Market Size Forecast by Type
5.2.1 2D
5.2.2 3D
5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Industrial X-ray Inspection Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial X-ray Inspection Systems Market Size Forecast by Applications
6.2.1 General Industry
6.2.2 Automotive Industry
6.2.3 Food and Pharmaceutical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Industrial X-ray Inspection Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial X-ray Inspection Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario

Chapter 9 North America Industrial X-ray Inspection Systems Analysis and Forecast
9.1 Introduction
9.2 North America Industrial X-ray Inspection Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial X-ray Inspection Systems Market Size Forecast by Type
9.6.1 2D
9.6.2 3D
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial X-ray Inspection Systems Market Size Forecast by Applications
9.10.1 General Industry
9.10.2 Automotive Industry
9.10.3 Food and Pharmaceutical
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Industrial X-ray Inspection Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial X-ray Inspection Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial X-ray Inspection Systems Market Size Forecast by Type
10.6.1 2D
10.6.2 3D
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial X-ray Inspection Systems Market Size Forecast by Applications
10.10.1 General Industry
10.10.2 Automotive Industry
10.10.3 Food and Pharmaceutical
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Industrial X-ray Inspection Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial X-ray Inspection Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial X-ray Inspection Systems Market Size Forecast by Type
11.6.1 2D
11.6.2 3D
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial X-ray Inspection Systems Market Size Forecast by Applications
11.10.1 General Industry
11.10.2 Automotive Industry
11.10.3 Food and Pharmaceutical
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Industrial X-ray Inspection Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial X-ray Inspection Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial X-ray Inspection Systems Market Size Forecast by Type
12.6.1 2D
12.6.2 3D
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial X-ray Inspection Systems Market Size Forecast by Applications
12.10.1 General Industry
12.10.2 Automotive Industry
12.10.3 Food and Pharmaceutical
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Industrial X-ray Inspection Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial X-ray Inspection Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial X-ray Inspection Systems Market Size Forecast by Type
13.6.1 2D
13.6.2 3D
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial X-ray Inspection Systems Market Size Forecast by Applications
13.10.1 General Industry
13.10.2 Automotive Industry
13.10.3 Food and Pharmaceutical
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
14.1 Industrial X-ray Inspection Systems Market: Competitive Dashboard
14.2 Global Industrial X-ray Inspection Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)

1.  3DX-RAY Ltd

2.  Ametek, Inc.

3.  Anritsu Corporation

4.  Aolong Group

5.  Baker Hughes Company

6.  Bosello High Technology

7.  Carestream Health Inc.

8.  Carl Zeiss X-ray Technologies

9.  CEIA S.p.A.

10.DanDong Huari

11.Eriez Manufacturing

12.General Electric Company

13.Glenbrook Technologies

14.Ishida Co., Ltd.

15.Loma

16.Maha X-ray Equipment Private Limited

17.Mekitec

18.Mesnac

19.Mettler Toledo International Inc.

20.MEYER

21.Minebea Intec GmbH

22.Multivac Packaging Machines

23.Nikon Metrology NV

24.Nordson DAGE

25.North Star Imaging Inc.

26.Nuctech Company Limited

27.OSI Systems Inc.

28.SANYING

29.Sartorius

30.Sesotec GmbH

31.Shimadzu Corporation

32.Smiths Detection, Inc.

33.TECHIK

34.Teledyne DALSA

35.Test Research, Inc.

36.Thermo Fisher Scientific

37.Thermo Fisher Scientific Inc.

38.Toshiba IT & Control Systems Corporation

39.UNICOMP

40.Viscom AG

41.VisiConsult X-ray Systems & Solutions GmbH

42.Vision Medicaid Equipments Private Limited

43.ViTrox Corporation

44.VJ Technologies

45.YXLON International

46.Zhengye Technology

+140 others

Methodology

Research Methodology is the process used to collect information and data for the purpose of making business decisions. The success of a research project is entirely dependent on the research methodology adopted by the company. Research Methodology and Scope We have implemented a mix of primary and secondary research for our market estimate and forecast. Secondary research formed the initial phase of our study, where we conducted extensive data mining, referring to verified data sources such as independent studies, company annual reports, white papers, case studies, government and regulatory published articles, technical journals, magazines, and paid data sources. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for respective regions. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the respective regions. The primary data has been collected through questionnaires, e-mails, and telephonic interviews, end-user surveys, consumer surveys, technology distributors and wholesaler’s surveys.

  • Quantitative methods (e.g. surveys) are best for measuring, ranking, categorizing, identifying patterns and making generalizations
  • Qualitative methods (e.g. interviews) are best for describing, interpreting, contextualizing, and gaining in-depth insight into specific concepts or phenomena
  • Mixed methods allow for a combination of numerical measurement and in-depth exploration.

Market drivers and restraints, along with their current and expected impacts, technological scenario and expected developments, end-use industry trends and dynamics  and consumer behavior trends  these forecasting parameters were considered.

Ethical approach, attention to detail, consistency, latest trend in the market and highly authentic source these are benefits of company’s research methodology.

Global Industry Reports

Market size estimation methodology top-down and bottom-up approaches

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the virtual reality market. These methods have also been extensively used to estimate the sizes of various market subsegments. Estimating the size of the market in each region by adding the sizes of country-wise markets and tracking the ongoing and upcoming implementation of virtual reality projects by various companies in each region and forecasting the size of the virtual reality market based on these developments and other critical parameters, including COVID-19 related impacts

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. It provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, company profiles, key player strategies competitive developments and key developments) influencing the virtual reality market growth.

Statistical Model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis.