According to a new report published by Data Bridge Market Research “Global industrial X-ray market”, is expected to reach USD 841.62 million by 2024 from USD 526.08 million in 2016, at a CAGR of 6.1% in the forecast period 2017 to 2024.
The major factors driving the growth of this market are rising growth of automobile and aviation industries, technological advancements in industrial x-ray products, growing consumer awareness regarding enhanced quality of products, rising government funding is boosting the growth of the global industrial X-ray market. On the other hand, regulatory scenario and high cost of equipment may hinder the growth of the market. The industrial X-ray market in the global region is leading in North America.
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Key Points of Global Industrial X-Ray Market:
In 2016, the global Industrial X-ray market is dominated by General Electric followed by North Star Imaging Inc. (ITW) and Yxlon International, Nikon Corporation, and DAGE (Nordson).
- Instruments segment is expected to dominate the industrial X-ray market.
- The industrial X-ray market in the global region is leading in North America, Europe, and Asia-Pacific. North America accounts for the highest market share in this region.
This report consists of below pages:
- No of pages: 337
- No of Figures: 48
- No of Tables: 354
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Segmentation of Industrial X-Ray Market:
The industrial X-ray market is segmented on the basis of product type, and industry.
Based on product type, the global industrial X-ray market is segmented into instruments, and consumables. X-ray inspection devices are sub segmented on the basis of automation into manual X-ray devices, and fully automated X-ray devices. X-ray inspection devices are sub segmented on the basis of technology into microfocus, minifocus, and nanofocus. Consumables are sub segmented into X-ray tubes, X-ray detectors, and others. In 2017, instruments segment is expected to dominate the industrial X-ray market with 69.9% market share and is expected to reach USD 605.39 million by 2024, with the highest CAGR of 6.6% in the forecast period 2017 to 2024.
The global industrial X-ray market is segmented based on industry into segments; automotive, aerospace, semiconductors, electronics, Li-battery, academia and R&D, and others. In 2017, aerospace is expected to dominate the global industrial X-ray market with 34.9% market share and is expected to reach USD 290.25 million by 2024. However, automotive is expected to grow at the highest CAGR of 7.3% in the forecast period, to reach USD 246.37 million by 2024 from USD 140.99 million in 2016 in the forecast period 2017 to 2024.
Key Drivers of Global Industrial X-Ray Market:
The major factors driving the growth of this market are rising growth of automobile and aviation industries, technological advancements in industrial x-ray products, growing consumer awareness regarding enhanced quality of products, rising government funding is boosting the growth of the global industrial X-ray market.
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Table of Contents:
- INTRODUCTION 35
- MARKET SEGMENTATION
- MARKET OVERVIEW
- EXECUTIVE SUMMARY
- PREMIUM INSIGHTS
- GLOBAL INDUSTRIAL X-RAY MARKET, BY PRODUCT TYPE
- GLOBAL INDUSTRIAL X-RAY MARKET, BY INDUSTRY
- GLOBAL INDUSTRIAL X-RAY MARKET, BY GEOGRAPHY
- GLOBAL INDUSTRIAL X-RAY MARKET, COMPANY LANDSCAPE
- COMPANY PROFILES
10.1. FUJIFILM HOLDINGS CORPORATION
10.2. RIGAKU CORPORATION
10.3. DÜRR NDT GMBH & CO. KG
10.4. GENERAL ELECTRIC
10.5. TOSHIBA CORPORATION
10.6. SHIMADZU CORPORATION
10.7. COMET GROUP
10.8. VAREX IMAGING CORPORATION
10.9. NIKON CORPORATION
10.10. YXLON INTERNATIONAL
10.11. TELEDYNE DALSA INC.
10.12. NORTH STAR IMAGING INC. (A SUBSIDIARY OF ILLINOIS TOOL WORKS INC.)
10.13. ZEISS INTERNATIONAL
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