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Global Industrial X-Ray Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2024

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The Global Industrial X-ray Market is accounted 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.

The key market players for Global Industrial X-ray Market are listed below:

General Electric

North Star Imaging Inc. (ITW)

Yxlon International

Nikon Corporation

DAGE (Nordson)

The market is further segmented into:

product type

industry

Geography

The global 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 global 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.

Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa

Based on geography, the Global Industrial X-ray Materials market is segmented into geographical regions, such as,

North- America,

South America

Europe

Asia-Pacific

Middle East and Africa

Covered in this report

The report covers the present scenario and the growth prospects of the Global Industrial X-ray market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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Company Profile

Company Profile Title

The Global Industrial X-ray Market is accounted 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.

The key market players for Global Industrial X-ray Market are listed below:

General Electric

North Star Imaging Inc. (ITW)

Yxlon International

Nikon Corporation

DAGE (Nordson)

The market is further segmented into:

product type

industry

Geography

The global 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 global 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.

Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa

Based on geography, the Global Industrial X-ray Materials market is segmented into geographical regions, such as,

North- America,

South America

Europe

Asia-Pacific

Middle East and Africa

Covered in this report

The report covers the present scenario and the growth prospects of the Global Industrial X-ray market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

READ MORE

Scope

To know more information on Purchase by Section, please send a mail to support@kenresearch.com

INQUIRE FOR COVID-19 IMPACT ANALYSIS