Global X-ray Inspection Systems

Global X-ray Inspection Systems

According to Tanalyze analysis, the global X-ray inspection systems market is projected to experience a compound annual growth rate (CAGR) of 8.8% during the forecast period, reaching an estimated value of USD 543.5 million by 2029.

This report examines the segmentation of the global X-ray inspection systems market by equipment type for the forecast period, focusing on computed radiography and direct radiography. The computed radiography segment is anticipated to demonstrate a CAGR of 11.1% during the forecast period (2024-2029). Computed radiography is expected to maintain a significant market share throughout this period, particularly in mobile Non-Destructive Testing (NDT) applications. These applications include quality assurance of welds, measurement of wall thickness, and monitoring of corrosion and erosion in pipes. Additionally, computed radiography will be preferred for manual maintenance tasks involving valves, fittings, and other components.

The report also evaluates the global X-ray inspection systems market size across various end-user segments, including aerospace and military, transportation, oil and gas, semiconductor, among others, for the indicated period. The aerospace and military segment's market size is projected to demonstrate a CAGR of 9.4% during the forecast period from 2024 to 2029. This growth is attributed to countries worldwide prioritizing the strengthening of military operations due to escalating geopolitical tensions. The defense industry has not been significantly impacted by the global crisis compared to the commercial aerospace sector, which is notably more vulnerable.

Geographically, North America has emerged as the dominant player in the X-ray inspection systems market, as observed in 2023. Following closely behind are Europe and Asia-Pacific. North America leads significantly in the global aerospace and defense industry, operating under stringent regulations and heavily relying on Digital Radiography (DR) systems for quality inspection solutions. Additionally, the automotive and oil and gas industries are major contributors that contribute to North America's dominance in the x-ray inspection systems market.

Leading vendors shaping competitive dynamics include Baker Hughes Company, COMET Holding AG, Nikon Corporation, Nordson Corporation, Carestream Health, Inc., VisiConsult X-ray Systems & Solutions GmbH, VISCOM AG, VJ Technologies, Inc., FORCE Technology, North Star Imaging, Inc., Blue Star Limited, Teledyne Technologies Incorporated, VMI Security Systems, Balteau NDT S.A., Fujifilm Corporation, Vidisco Ltd., Metrix NDT Ltd., among others.

This study aims to analyze the global market for various segments of X-ray inspection systems, including:

Equipment Type: Computed Radiography and Direct Radiography.

End-User: Aerospace and Military, Transportation, Oil and Gas, Semiconductor, and Others.

Region: North America, Europe, Asia-Pacific, and Rest of World (RoW). Show more