Global Industrial Radiography Market Trends, Scope, Demand, and size will grow at a CAGR of 7.2% by 2030
Research Reports
Jul 10, 2023
According to MRFR analysis, the global Industrial Radiography Market is expected to register a CAGR of ~7.2% from 2022 to 2030 and hold a value of over USD 837.1 Million by 2030.
The industrial radiography market refers to the use of X-ray and gamma-ray imaging techniques for non-destructive testing (NDT) and inspection of materials and components in various industries such as manufacturing, oil and gas, aerospace, and automotive. Industrial radiography involves the use of radiation to detect flaws, defects, and irregularities in objects, ensuring quality control and safety compliance. The COVID-19 pandemic has had a significant impact on the industrial radiography market. With disruptions in manufacturing operations and supply chains, the demand for NDT services and equipment, including industrial radiography, experienced a temporary decline. The restrictions on travel and physical distancing measures also affected on-site inspections and field testing. However, the pandemic also highlighted the importance of quality control and safety in various industries, leading to increased investments in NDT technologies like industrial radiography. The need to ensure the integrity and reliability of critical infrastructure and components drove the demand for NDT services and equipment.
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Key Players
Some of the market key players are
- PerkinElmer, Inc.
- Bosello High Technology srl
- 3DX-Ray Ltd.
- General Electric Company
- Anritsu Corporation
- Baker Hughes
- Shimadzu Corporation
- COMET Holding AG
- Mettler-Toledo
- Fujifilm Holdings Corporation
- Nikon Corporation
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Regional Analysis
North America holds a significant share in the market due to its well-established manufacturing and oil and gas industries, which require stringent quality control and inspection processes. Europe also plays a prominent role, driven by its advanced automotive, aerospace, and manufacturing sectors. The Asia-Pacific region, particularly China and India, is witnessing rapid growth in the market, fueled by increasing industrialization and infrastructure development. Additionally, the Middle East and Africa region show potential for market expansion, driven by the growing demand for energy and infrastructure projects. Latin America also presents opportunities for market growth, driven by the development of its manufacturing and oil industries.
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Market Segmentation
The Global Industrial radiography market has been segmented into Component, Imaging Technology, Radiation Type and End-User
By Component: Hardware and Software
By Imaging Technology: Film-based radiography and Digital radiography
By Radiation Type: X-rays and Gamma rays
By End-User: Automotive, Consumer electronics, Oil & gas, Aerospace & defense, Manufacturing, Power generation and Others.
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