Track topics on Twitter Track topics that are important to you
PUNE, India, August 4, 2017 /PRNewswire/ --
The report "X-ray Inspection System Market by Technique (Film-Based Imaging, Digital Imaging (Computed Tomography, Computed Radiography, Direct Radiography)), Dimension (2D, 3D), Vertical (Manufacturing, Oil & Gas, Aerospace), and Geography - Global Forecast to 2023", published by MarketsandMarkets™, the X-ray Inspection System Market was valued at USD 545.0 Million in 2016 and is expected to reach USD 860.5 Million by 2023, at a CAGR of 6.51% between 2017 and 2023. The major factors driving the growth of this market include stringent government regulations due to security concerns, growing consumer awareness raising the bar of safety and quality standards, and demand from both developed and developing economies.
Browse 63 Market Data Tables and 37 Figures spread through 142 Pages and in-depth TOC on "X-ray Inspection System Market"
Early buyers will receive 10% customization on this report
X-ray inspection system market for digital imaging to grow at higher CAGR during forecast period
The X-ray inspection system market for digital imaging is expected to grow at a higher CAGR during the forecast period in this market. The digital imaging technique involves the use of latest technologies such as sensors, computers, and communication fields. The benefits of using this technique include instant image preview, minimized cost, enhanced image display, and faster processing than film-based imaging technique. Also, the systems based on the digital imaging techniques are easy to use and safe. These factors collectively boost its adoption in the X-ray inspection systems over the traditional film-based imaging technique.
Download PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=247723581
2D expected to have larger size of X-ray inspection system market based on dimension by 2023
The 2D segment held a larger share of this market in 2016. X-rays that are generated at a fixed point source pass through the product to be inspected and form an image on a detector. The growth of the 2D segment market could be attributed to the applicability of 2D where high precision is required in single-sided boards working in a harsh environment.
X-ray inspection system market for manufacturing vertical to grow at highest CAGR during forecast period
The X-ray inspection system market for the manufacturing vertical is expected to grow at the highest CAGR between 2017 and 2023. Various types of goods such as durable or nondurable consumer good, electronics components, and equipment have to pass regulatory standard testing before they reach the customers. This system is used in manufacturing plants to inspect and monitor regular activities for damages or irregularities, and regulate the equipment according to standard recommended values, which, in turn, is driving the growth of this market.
Americas expected to hold largest share of X-ray inspection system market during forecast period
The Americas is expected to hold the largest share of the market during 2017-2023. The Americas is home to the major players of X-ray inspection system such as North Star Imaging, Inc. (US), VJ Group, Inc. (US), and General Electric Co. (US). The well-developed manufacturing, oil and gas, and aerospace industries in this region are boosting the growth of the X-ray inspection system market as these systems are widely used for routine inspection, dimension measurement, and maintenance across these industries.
Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=247723581
The report also profiles the most promising players in the X-ray inspection system market. The competitive landscape of this market presents an interesting picture where a large number of big and small players have become a force to reckon with. The key players in this market are North Star Imaging, Inc. (US), Nikon Metrology NV (Belgium), Nordson DAGE (UK), YXLON International GmbH (Germany), VJ Group, Inc. (US), 3DX-RAY Ltd. (UK), VisiConsult X-ray Systems & Solutions GmbH (Germany), Smiths Detection, Inc. (UK), Mettler-Toledo International Inc. (Switzerland), and General Electric Co. (US).
Browse Related Reports
Non-Destructive Testing and Inspection Market by Technique (Visual Testing, Magnetic Particle, Liquid Penetrant, Eddy Current, Ultrasonic, Radiographic, Acoustic Emission, Terahertz Imaging), Service, Vertical, and Geography - Global Forecast to 2022
Industrial Radiography Market by Imaging Technique (Film-Based and Digital), Industry (Petrochemical and Gas, Power Generation, Manufacturing, Aerospace, and Automotive and Transportation), and Geography - Global Analysis and Forecast to 2020
Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
SOURCE MarketsandMarketsNEXT ARTICLE
Radiology is the branch of medicine that studies imaging of the body; X-ray (basic, angiography, barium swallows), ultrasound, MRI, CT and PET. These imaging techniques can be used to diagnose, but also to treat a range of conditions, by allowing visuali...