Introduction
The report provides analysis of global Industrial Radiography Equipment market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. According to Acumen Research and Consulting, the global Industrial Radiography Equipment market is expected to grow around 6.5 % CAGR throughout the forecast period and reach value around USD 950 million by 2026.
Growing radiographic opportunities in the manufacture of additives drives industrial radiography equipment market. With the introduction of new technologies, additional production based on 3D printing recorded important development. The need for radiographic testing has increased with the increased use of additive manufacturing.
The report states that the popularity of industrial radiography around the world would continue to influence the market. As regards the demand, it is projected that North America is the world market leader, with the CAGR market expanding more than 6% in the region during the predicted period.
Market Dynamics
A key driver for growth for the global industrial radiography equipment market is replacing analog x-rays with digital x-rays. The advantages of digital X-ray systems include increased output, improved image quality, faster scanning and multi Storage options. Images of digital systems can be stored on hard disks or disks and the quality of produced images can be controlled better by users.
Although digital X-rays are costly than analog X-rays, the large return on investments encourages end-users to upgrade their X-rays. The need for better testing and measuring in tube assemblies, multi-layered printed circuit boards and semi-conductor chips also increases the demand for industrial x-rays systems. A significant driving factor for market growth in a CAGR of nearly 14 percent over the forecast period is identified as the replacement of analog radiographic systems with digital radiographic systems.
Industry Outlook
Based on imagery, the worldwide market for industrial x-rays is divided into film-basedx-rays and digital x-rays. In addition, direct radiation, computed radiography and tomography are divided into the digital radiography segment. Due to the increasing use of this method for non-destructured component testing to assess quality and ensure structural integrity, the digital x-ray segment is expected to expand quickly during the forecast time.
As regards application, aeroespace & defense, automotive & transport, electronic, manufacturing, oil & gas, etc. have classified the global market in the field of industrial radiographic equipment. This can be attributed to the increased use of the industrial X-ray method in the production sector to ensure high component quality. In addition, different manufacturers use industrial radiography to analyze the quality of additives in the additive manufacturing process. Therefore, over the prediction period, the production segment is expected to expand at an important CAGR of over 7 %.
Increasing Miniaturization In The Semiconductor Industry To Fuel The International Market For Industrial X - Ray Equipment
The semiconductor sector has flourished worldwide, particularly in developing economies like China and India over the past few years. Several technological improvements were made in the semiconductor sector with continued decrease in the size of electronic components and a growing demand for highly-performing electricity-efficient products. The reduced component size makes it difficult for components like printed circuit panels, wafers, plug contacts and cables to perform quality tests. The non-destructive analysis of electronic components, such as surface-mount (SMD) and columning grid arrays, can also be done through industrial radiogram; soldering bumps can be identified in ICs; and the thickness of materials that are coated on PCBs can be examined. Industrical radiography in the semiconductor sector is increasingly used for the purpose of ensuring high quality and efficient performance by key players involved in the production of electronic components.
Regional Stance
Based on region, the global Industrial Radiography Equipment market has been segmented into North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. In the forecast period, North America is expected to hold a significant share of the global market for industrial x-rays. The growth in this sector is primarily due to growing demand for industrial X-rays from a variety of industries such as aerospace and defence, semiconductor, oil and gas and manufacturing in the region. In particular in developing economies such as China and India, industrial X-rays gain popularity in the Asia Pacific region. The increasing popularity of electronic components in the region is caused by the growing semiconductor industry and increasing miniaturization.
Market Segmentation
Global Industrial Radiography Equipment Market, by Imaging Technique
- Digital Radiography
- Direct Radiography
- Computed Tomography
- Computed Radiography
- Film-based Radiography
Global Industrial Radiography Equipment Market, by Application
- Aerospace & Defense
- Automotive & Transportation
- Manufacturing
- Oil & Gas
- Electronics
- Others
Global Industrial Radiography Equipment Market, by Geography
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Chile
- Rest of Latin America
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
The market research study on “Industrial Radiography Equipment Market (By Imaging Technique: Digital Radiography [Direct Radiography, Computed Tomography, Computed Radiography], Film-based Radiography; By Application: Aerospace & Defense, Automotive & Transportation, Manufacturing, Oil & Gas, Electronics, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers detailed insights on global Industrial Radiography Equipment market segments with market dynamics and their impact. The report provides insights on global Industrial Radiography Equipment market by system type, racking system type, frame load capacity, application, end use industry and major geographic regions. The report also covers basic technology development policies.
The report offers an overview of the market and statistical diagrams to support the expected figures. Our analysts predict the market scope and future prospects in an insightful way. The Acumen Research and Consulting report contains a comprehensive analysis of the global market in Industrial Radiography Equipment segmented by molecular type, test type and region. The report outlines numerous growth strategies implemented by companies as well as the latest market trends. The market share and current position of all leading players are discussed in detail. It analyzes players ' new revenue sources and highlights the different strategies.
Key Players & Strategies
The key players in the world market for industrial X-rays focus on developing and marketing new products to achieve competitiveness and improve their brand positioning in the market. In November 2018, for instance, Fujifilm has announced that they will add to their portfolio digital radiography solutions, two new digital x-rays, i.e. Calneo Dual (only available in Japan) and the FDR ES.
In addition, major players form strategic alliances with peers and less well-established players to gain market share. Fujifilm Corporation, Comet Group, Shimadzu Corporation, Nikon Corporation and North Star Imaging are the key players in the global market for industrial radiography equipments.
The market seems fragmented and the competitive environment is quite intense in the presence of several companies including Anritsu and Comet Holding. Factors such as the increasing opportunity for x-rays in additive production and the growing compliance with the safety regulations will provide the manufacturers of industrial x-rays with substantial growth opportunities.
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Industrial Radiography Equipment
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Industrial Radiography Equipment Market By Imaging Technique
1.2.2.1. Global Industrial Radiography Equipment Market Revenue and Growth Rate Comparison By Imaging Technique (2015-2026)
1.2.2.2. Global Industrial Radiography Equipment Market Revenue Share By Imaging Technique in 2017
1.2.2.3. Digital Radiography
1.2.2.3.1. Direct Radiography
1.2.2.3.2. Computed Tomography
1.2.2.3.3. Computed Radiography
1.2.2.4. Film-based Radiography
1.2.2.5. Others
1.2.3. Industrial Radiography Equipment Market By Application
1.2.3.1. Global Industrial Radiography Equipment Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Industrial Radiography Equipment Market Revenue Share By Application in 2017
1.2.3.3. Aerospace & Defense
1.2.3.3.1. Automotive & Transportation
1.2.3.3.2. Manufacturing
1.2.3.3.3. Oil & Gas
1.2.3.3.4. Electronics
1.2.3.3.5. Others
1.2.3.4. Others
1.2.4. Industrial Radiography Equipment Market by Geography
1.2.4.1. Global Industrial Radiography Equipment Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Industrial Radiography Equipment Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Industrial Radiography Equipment Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Industrial Radiography Equipment Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Industrial Radiography Equipment Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Industrial Radiography Equipment Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Industrial Radiography Equipment Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Industrial Radiography Equipment Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Industrial Radiography Equipment Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Industrial Radiography Equipment Major Manufacturers in 2017
CHAPTER 4. INDUSTRIAL RADIOGRAPHY EQUIPMENT MARKET BY IMAGING TECHNIQUE
4.1. Global Industrial Radiography Equipment Revenue By Imaging Technique
4.2. Digital Radiography
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.2.3. Direct Radiography
4.2.4. Computed Tomography
4.2.5. Computed Radiography
4.3. Film-based Radiography
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Others
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. INDUSTRIAL RADIOGRAPHY EQUIPMENT MARKET BY APPLICATION
5.1. Global Industrial Radiography Equipment Revenue By Application
5.2. Aerospace & Defense
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.2.2.1. Automotive & Transportation
5.2.2.2. Manufacturing
5.2.2.3. Oil & Gas
5.2.2.4. Electronics
5.2.2.5. Others
5.3. Others
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. NORTH AMERICA INDUSTRIAL RADIOGRAPHY EQUIPMENT MARKET BY COUNTRY
6.1. North America Industrial Radiography Equipment Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Industrial Radiography Equipment Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Industrial Radiography Equipment Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 7. EUROPE INDUSTRIAL RADIOGRAPHY EQUIPMENT MARKET BY COUNTRY
7.1. Europe Industrial Radiography Equipment Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Industrial Radiography Equipment Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 8. ASIA-PACIFIC INDUSTRIAL RADIOGRAPHY EQUIPMENT MARKET BY COUNTRY
8.1. Asia-Pacific Industrial Radiography Equipment Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Industrial Radiography Equipment Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 9. LATIN AMERICA INDUSTRIAL RADIOGRAPHY EQUIPMENT MARKET BY COUNTRY
9.1. Latin America Industrial Radiography Equipment Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Industrial Radiography Equipment Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 10. MIDDLE EAST INDUSTRIAL RADIOGRAPHY EQUIPMENT MARKET BY COUNTRY
10.1. Middle East Industrial Radiography Equipment Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Industrial Radiography Equipment Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 11. AFRICA INDUSTRIAL RADIOGRAPHY EQUIPMENT MARKET BY COUNTRY
11.1. Africa Industrial Radiography Equipment Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Industrial Radiography Equipment Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Imaging Technique, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Fujifilm Corporation
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Comet Group
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Shimadzu Corporation
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Nikon Corporation
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. North Star Imaging
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Others
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
![Industrial Radiography Equipment Market (By Imaging Technique: Digital Radiography [Direct Radiography, Computed Tomography, Computed Radiography], Film-based Radiography; By Application: Aerospace & Defense, Automotive & Transportation, Manufacturing, Oil & Gas, Electronics, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026](assets/images/format-png.png "Industrial Radiography Equipment Market (By Imaging Technique: Digital Radiography [Direct Radiography, Computed Tomography, Computed Radiography], Film-based Radiography; By Application: Aerospace & Defense, Automotive & Transportation, Manufacturing, Oil & Gas, Electronics, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026")
