Dublin, May 09, 2024 (GLOBE NEWSWIRE) -- The "Global Industrial X-ray Inspection Equipment and Imaging Software Market Report by Image Type, Technology, Offering, End Use Industry, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
Findings in this study point toward a robust expansion in the global industrial X-ray inspection equipment and imaging software market, which has demonstrated a notable surge to reach US$ 759.8 million as of 2023. Projections within the industry indicate a continued growth trajectory, with expectations to hit US$ 1.30 billion by the year 2032. The market is anticipated to witness a compound annual growth rate (CAGR) of 6.16% over the period from 2023 to 2032.
Advancements in the sector have spurred the adoption of these technologies across diverse industries, including but not limited to aerospace, automotive, oil and gas, semiconductor and electronics, and food and beverage. The move towards miniaturization in electronics has further amplified the need for precise inspection capabilities that these systems provide.
Key market players are continually innovating, with a spotlight on digital radiography machines integrated with flat-panel detectors (FPDs) that promise improved resolution and expedited processing. Additionally, the integration of computer tomography (CT) with FPDs marks a significant leap forward, spurring the market to new heights.
The market is also benefiting from heightened consumer expectations regarding product quality, an increase in semiconductor fabrication plants, and vigorous exploration activities in the oil and gas sector. Supportive governmental initiatives and strict adherence to safety and quality protocols are bolstering market momentum.
Market Segmentation Insight
This market analysis segments the industry by image type, technology, offering, and end use sector, providing granular insights at global, regional, and country levels. The segmentation reveals trends and projections that are crucial for stakeholders in strategizing their market position.
Competitive Landscape
An exploration of the competitive framework offers a snapshot of key industry players who are shaping the market landscape. The commitment to innovation and technological refinement remains a central theme among these market leaders.
Companies Featured
- Carestream Health
- DÜRR NDT GmbH & Co. KG
- General Electric Company
- Hamamatsu Photonics K.K.
- Hitachi Ltd.
- Nikon Corporation
- North Star Imaging Inc. (Illinois Tool Works Inc.)
- Olympus Corporation
- OMRON Corporation
- Rigaku Corporation
- Teledyne Technologies Inc.
- Thermo Fisher Scientific Inc.
- YXLON International (Comet Holding)
Key Attributes
| Report Attribute | Details |
| No. of Pages | 137 |
| Forecast Period | 2023-2032 |
| Estimated Market Value (USD) in 2023 | $759.8 Million |
| Forecasted Market Value (USD) by 2032 | $1.3 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/y04tlq
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