The Global X-ray Inspection System Market was valued at USD 552.21 million in 2016 and is projected to reach USD 990.72 million by 2025, growing at a CAGR of 6.71% from 2017 to 2025.
X-ray Inspection System is a real-time digital imaging system used to detect corrosion under insulation (CUI). The principle of inspection is based on the absorption of gamma radiation in the tested material. Benefits of X-ray inspection system include - reduced risk of product recalls, easy verification of missing products in sealed packaging, better metal detection sensitivity, physical contamination detection, quality assurance, and improved data collection.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Availability of customized solutions
1.2 Increasing automation in digital x-ray inspection systems
1.3 Rising demand from both developed and developing economies
1.4 Increasing consumer awareness
1.5 Strict government regulations
2. Market Restraints
2.1 Costly system
2.2 Lack of technical expertise
2.3 High risk of radiation exposure
Market Segmentation:
The Global X-ray Inspection System Market is segmented on the dimension, technique, vertical, and region.
1. Dimension:
1.1 2D
1.2 3D
2. By Technique:
2.1 Digital Imaging
2.2 Film-Based Imaging
3. By Vertical:
3.1 Power Generation
3.2 Food and Pharmaceuticals
3.3 Manufacturing
3.4 Government
3.5 Oil and Gas
3.6 Aerospace
3.7 Automotive
3.8 Others
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Nikon Metrology NV
2. Yxlon International GmbH
3. 3DX-RAY Ltd.
4. Smiths Detection, Inc.
5. General Electric Co.
6. North Star Imaging, Inc.
7. Nordson DAGE
8. VJ Group, Inc.
9. VisiConsult X-ray Systems & Solutions GmbH
10. Mettler-Toledo International Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global X-ray Inspection System Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL X-RAY INSPECTION SYSTEM MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL X-RAY INSPECTION SYSTEM MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL X-RAY INSPECTION SYSTEM MARKET , BY DIMENSION
5.1 Overview
5.2 2D
5.3 3D
6 GLOBAL X-RAY INSPECTION SYSTEM MARKET , BY TECHNIQUE
6.1 Overview
6.2 Digital Imaging
6.3 Film-Based Imaging
7 GLOBAL X-RAY INSPECTION SYSTEM MARKET , BY VERTICAL
7.1 Overview
7.2 Power Generation
7.3 Food and Pharmaceuticals
7.4 Manufacturing
7.5 Government
7.6 Oil and Gas
7.7 Aerospace
7.8 Automotive
7.9 Others
8 GLOBAL X-RAY INSPECTION SYSTEM MARKET , BY GEOGRAPHY
8.1 Overview
8.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025
9 GLOBAL X-RAY INSPECTION SYSTEM MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 Nikon Metrology NV
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Yxlon International GmbH
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 3DX-RAY Ltd.
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Smiths Detection, Inc.
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 General Electric Co.
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 North Star Imaging, Inc.
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Nordson DAGE
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 VJ Group, Inc.
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 VisiConsult X-ray Systems & Solutions GmbH
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Mettler-Toledo International Inc.
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 Appendix
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