Market Overview:
X-ray inspection is used to detect corrosion using real-time imaging system. This method utilizes the principle of radiography. A laser beam of gadolinium is used as source and is made projected in a beam. The source and detector are at the respective ends fixed at a certain distance. The leftover energy is collected at detector end and the image of the testifying image is collected. The software helps in converting the contrast of the image by revealing density variations of defects such as corrosion and other blockages.
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The increasing security concerns among various organizations such as food and pharmaceuticals, aerospace are driving the global X-ray Inspection System Market Size. Digital X-ray imaging is on the verge, which is more efficient in producing sharper images with low cost. The increasing demand for compressed size products is driving the X-ray inspections systems market. These requirements can be met through X-ray sources, which provides minute defects and helps in achieving the desired output. Nanotubes are the result of demand in miniature sized products, which are developed through X-ray inspection techniques.
The Global X-ray Inspection Systems Market is expected to reach approximately USD 810 million growing at a CAGR of 8% over the forecast period 2017-2023.
Key Players
Some of the major players in the market of the global X-ray inspection systems are North Star Imaging, Inc. (U.S.), Nikon Metrology NV (Belgium), Nordson DAGE (UK), YXLON International GmbH (Germany), VJ Group, Inc. (U.S.), 3DX-RAY Ltd. (UK), VisiConsult X-ray Systems & Solutions GmbH (Germany), Smiths Detection, Inc. (UK), Mettler-Toledo International Inc. (Switzerland), and General Electric Co. (U.S.) among others.
Segmentation:
The global X-ray Inspection Systems Technology market is segmented on the basis of imaging technique, dimension, vertical and region. On the basis of the imaging technique, the segment is further classified into film based imaging and digital imaging. The digital imaging can be sub-segmented into digital radiography, computed tomography. Digital radiography comprises of direct digital type and computed type. On the basis of the dimension, the segment is further classified into 2D and 3D. X-ray Inspection Systems Technology can be used in various verticals such as aerospace, automotive, power and infrastructure, government, manufacturing and many more.
Regional Analysis:
Geographically North America holds the major share of the global X-ray inspection systems market. The growth is driven by adoption of inspection systems across manufacturing industry and rising security concerns among aviation sector. Strict food safety regulations and demand for high-quality food products are driving the market for X-ray inspection systems in Europe. The Asia Pacific is anticipated to show a high growth rate during the forecast period. Increasing investments in the electronics industry are the major fuelling factor in the region.
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