X-ray inspection systems are automated systems that use X-rays as a source to inspect defects and other inconsistencies in products during quality control and risk management processes. Thus, X-ray inspection, a non-contact imaging technique has garnered lot of interest among manufacturers as one of the promising non-destructive testing (NDT) techniques. These systems that use advanced pattern recognition and image processing software are quickly becoming an integral part of manufacturing processes. The global X-ray non-destructive testing market is still in infancy and is poised to offer strong growth and investment opportunities during the forecast period 2018 - 2026. The global X-ray non-destructive testing equipment market was valued at US$ 543.0 Mn in 2017 and is expected to cross US$ 950 Mn by 2026, growing at a CAGR of 6.8% over the forecast period 2018 – 2026.
X-Ray non-destructive testing systems are used to inspect an object for internal defects, abnormalities, pore, and other inconsistencies without destroying it. The global X-ray non-destructive testing market is expected to witness significant growth with the rising need to reduce production cost and increasing demand for high quality products. In addition, continuous developments to offer simple and efficient x-ray based object inspection is also expected to fuel the market growth throughout the forecast period. Global manufacturers are focusing on reducing labor costs and production errors, particularly related to quality. This, in turn is influencing demand for X-ray non-destructive testing systems.
Ideally known for their non-destructive method of screening, automated X-ray–based systems are slowly gaining acceptance manufacturers as one of the most important tools for quality inspection and quality management. Their ability to identify defects and discrepancies at the earliest possible stage has been pushing their use for quality control purpose among manufacturers. The majority of this credit goes to several government mandates and production standards that are in place. The X-ray non-destructive testing market is likely to achieve great heights in the coming years with the industry witnessing a shift from conventional film-based to advanced digital X-ray based inspection systems. The advancements in technology and resulting shift towards digital X-ray based inspection and testing systems is driving the conventional low resolution X-ray inspection systems towards obsolescence, thereby creating the replacement demand. The rapid progressions in technology has led to the development of X-ray inspection systems with high resolution and faster processing requirements.
The global X-ray NDT equipment industry is highly fragmented and comprise large number of regional as well as multi-national players. High market competition is existing in the market due to presence of large number of players throughout the value chain of this industry. Established players in the industry focuses on innovative product development. The market is govern by stringent regulations and mandatory safety code requirements. In addition, high initial cost and time-consuming certification processes are limiting new entrants in the x-ray NDT equipment industry.
One of the major areas of focus is strengthening of sales channel worldwide. The market comprises various players that operate as subsidiaries of large multinational companies. Such companies have an advantage of extensive global reach through the existing network of their parent companies. Subsequently, it becomes essential for the market players to focus on their sales channel so as to reach out to maximum number of customers. Some of the global companies also follow a strategy of merger and acquisition of small and medium sized players operating in the market. Thus, a promising trend of consolidation is expected to emerge in the coming years.
This research study on X-ray NDT equipment offers comprehensive analysis of market driving and limiting factors in the global industry. This study includes technology, price, demand-supply and regional deployment trends of x-ray NDT equipment. The report also includes high level analysis such as competitive analysis, exhaustive value chain analysis of x-ray NDT equipment industry and regional attractive analysis which helps industry players and their trade partners to identify key investment areas in the industry and frame their strategies.
Moreover, this research study provides market estimates and forecast for different application of x-ray non-destructive testing (NDT) and its market size in terms of both volume (number of units sold) and revenue (US$ Mn). The x-ray non-destructive testing (NDT) market is classified into its applications and estimates and forecast is provided for each of this segment. The report also includes cross sectional analysis on the regional basis i.e. regional market size by mining methods and application. This research study provides historical market size (2016 & 2017), market estimate (2017) and forecast for the period 2018 – 2026 in terms of volume and revenue. The report also includes market estimates and forecast of x-ray non-destructive testing (NDT) market for major countries.
The report includes profiles of major players in the global x-ray non-destructive testing (NDT) industry. Company profiles include detailed information about business strategies, product portfolio, recent developments and regional positioning of these manufacturers. The report also provides in-depth analysis about market competition and positioning of key market players along with their market winning strategies.
The global x-ray non-destructive testing (NDT) market is classified into following categories:
§ By Application
· Aerospace and Defense,
· Industrial Manufacturing,
· Semiconductor
· Power Generation
· Construction
· Automotive
· Oil and Gas
· Others (Medical, chemical etc)
§ By Region
· North America
Ø U.S.
Ø Rest of North America
· Europe
Ø U.K.
Ø Germany
Ø France
Ø Rest of Europe
· Asia Pacific
Ø China
Ø Japan
Ø India
Ø Rest of Asia Pacific
· Rest of the World
Ø Latin America
Ø Middle East and Africa
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Methodology
1.2.1 Phase I – Secondary Research
1.2.2 Phase II – Primary Research
1.2.3 Phase III – Expert Panel Review
1.2.4 Assumptions
1.2.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global X-ray Non-Destructive Testing Market
2.2 X-ray Non-Destructive Application Market, By Application, 2017 (US$ Mn)
2.3 X-ray Non-Destructive Application Market, By Geography, 2017 (US$ Mn)
Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global X-Ray Non-Destructive Testing Equipment Market Revenue and Growth, 2016 – 2026, (US$ Mn) (Y-o-Y %)
3.2 Market Inclination Insights
3.3 Market Drivers
3.3.1 Government Regulations and Quality Standards
3.3.2 Improved Profit Margins and Return on Investments
3.3.3 Advancements in Technology Driving the Replacement Demand
3.4 Market Challenges
3.4.1 High Upfront Cost and Technical Complexities
3.4.2 Cyclic Nature of the Automotive, Manufacturing, and Construction Industry
3.5 See-Saw Analysis
3.5.1 Impact Analysis of Drivers and Restraints
3.6 Value Chain Analysis
3.7 Attractive Investment Proposition
3.8 Competitive Analysis
3.8.1 Market Positioning of Key Vendors
Chapter 4 X-ray Non-Destructive Testing Equipment Market Analysis, by Application
4.1 Overview
4.2 Tornado Analysis
4.3 Aerospace and Defense
4.3.1 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Aerospace and Defense Applications, 2016 – 2026, (US$ Mn and Volume Units)
4.4 Industrial Manufacturing
4.4.1 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Industrial Manufacturing Applications, 2016 – 2026, (US$ Mn and Volume Units)
4.5 Semiconductors
4.5.1 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Semiconductor Applications, 2016 – 2026, (US$ Mn and Volume Units)
4.6 Power Generation
4.6.1 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Power Generation Applications, 2016 – 2026, (US$ Mn and Volume Units)
4.7 Construction
4.7.1 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Construction Applications, 2016 – 2026, (US$ Mn and Volume Units)
4.8 Automotive
4.8.1 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Automotive Applications, 2016 – 2026, (US$ Mn and Volume Units)
4.9 Oil and Gas
4.9.1 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Oil and Gas Applications, 2016 – 2026, (US$ Mn and Volume Units)
4.10 Others (Medical, Chemical, etc.)
4.10.1 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Other Applications (Medical, Chemical, etc), 2016 – 2026, (US$ Mn and Volume Units)
Chapter 5 North America X-ray Non Destructive Testing Equipment Market Analysis
5.1 Market Overview and Outlook
5.1.1 North America X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026 (US$ Mn) (Volume Units)
5.2 North America X-ray Non-Destructive Testing Equipment Market Revenue and Volume, By Application, 2016 – 2026 (US$ Mn) (Volume Units)
5.2.1 SRC Analysis
5.3 North America X-ray Non-Destructive Testing Equipment Market Revenue and Volume, By Geography, 2016 – 2026 (US$ Mn) (Volume Units)
5.3.1 U.S.
5.3.1.1 U.S. X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026 (US$ Mn) (Volume Units)
5.3.1.2 U.S. X-ray Non-Destructive Testing Equipment Market Revenue and Volume, By Application, 2016 – 2026 (US$ Mn) (Volume Units)
5.3.2 Rest of North America
5.3.2.1 Rest of North America X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026 (US$ Mn) (Volume Units)
5.3.2.2 Rest of North America X-ray Non-Destructive Testing Equipment Market Revenue and Volume, By Application, 2016 – 2026 (US$ Mn) (Volume Units)
Chapter 6 Europe X-ray Non Destructive Testing Equipment Market Analysis
6.1 Market Overview and Outlook
6.1.1 Europe X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
6.2 Europe X-ray Non-Destructive Testing Equipment Market Analysis, By Application, 2016 – 2026 (US$ Mn)
6.2.1 SRC Analysis
6.3 Europe X-ray Non-Destructive Testing Equipment Analysis, By Geography, 2016 – 2026 (US$ Mn)
6.3.1 U.K.
6.3.1.1 U.K. X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
6.3.1.2 U.K. X-ray Non-Destructive Testing Equipment Market Revenue and Volume, by Application, 2016 – 2026, (US$ Mn) (Units)
6.3.2 Germany
6.3.2.1 Germany X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
6.3.2.2 Germany X-ray Non-Destructive Testing Equipment Market Revenue and Volume, by Application, 2016 – 2026, (US$ Mn) (Units)
6.3.3 France
6.3.3.1 France X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
6.3.3.2 France X-ray Non-Destructive Testing Equipment Market Revenue and Volume, by Application, 2016 – 2026, (US$ Mn) (Units)
6.3.4 Rest of Europe
6.3.4.1 Rest of Europe X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
6.3.4.2 Rest of Europe X-ray Non-Destructive Testing Equipment Market Revenue and Volume, by Application, 2016 – 2026, (US$ Mn) (Units)
Chapter 7 Asia Pacific X-ray Non-Destructive Testing Equipment Market Analysis
7.1 Market Overview and Outlook
7.1.1 Asia Pacific X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
7.2 Asia Pacific X-ray Non-Destructive Testing Equipment Market Analysis, By Application, 2016 – 2026 (US$ Mn) (Units)
7.2.1 SRC Analysis
7.3 Asia Pacific X-ray Non-Destructive Testing Equipment Market Analysis, By Geography, 2016 – 2026 (US$ Mn) (Units)
7.3.1 Japan
7.3.1.1 Japan X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
7.3.1.2 Japan X-ray Non-Destructive Testing Equipment Market Revenue and Volume, by Application, 2016 – 2026, (US$ Mn) (Units)
7.3.2 China
7.3.2.1 China X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
7.3.2.2 China X-ray Non-Destructive Testing Equipment Market Revenue and Volume, by Application, 2016 – 2026, (US$ Mn) (Units)
7.3.3 India
7.3.3.1 India X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
7.3.3.2 India X-ray Non-Destructive Testing Equipment Market Revenue and Volume, by Application, 2016 – 2026, (US$ Mn) (Units)
7.3.4 Rest of Asia Pacific
7.3.4.1 Rest of Asia Pacific X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
7.3.4.2 Rest of Asia Pacific X-ray Non-Destructive Testing Equipment Market Revenue and Volume, by Application, 2016 – 2026, (US$ Mn) (Units)
Chapter 8 Rest of World X-ray Non Destructive Testing Equipment Market Analysis
8.1 Market Overview and Outlook
8.1.1 Rest of World X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026 (US$ Mn) (Volume Units)
8.2 Rest of World X-ray Non-Destructive Testing Equipment Market Revenue and Volume, By Application, 2016 – 2026 (US$ Mn) (Volume Units)
8.2.1 SRC Analysis
8.3 Rest of World X-ray Non-Destructive Testing Equipment Market Revenue and Volume, By Geography, 2016 – 2026 (US$ Mn) (Volume Units)
8.3.1 Latin America
8.3.1.1 Latin America X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026 (US$ Mn) (Volume Units)
8.3.1.2 Latin America X-ray Non-Destructive Testing Equipment Market Revenue and Volume, By Application, 2016 – 2026 (US$ Mn) (Volume Units)
8.3.2 Middle-East and Africa
8.3.2.1 Middle-East and Africa X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026 (US$ Mn) (Volume Units)
8.3.2.2 Middle-East and Africa X-ray Non-Destructive Testing Equipment Market Revenue and Volume, By Application, 2016 – 2026 (US$ Mn) (Volume Units)
Chapter 9 Company Profiles
9.1 YXLON International GmbH
9.1.1 YXLON International GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
9.2 Rigaku Corporation
9.2.1 Rigaku Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
9.3 Teledyne DALSA, Inc.
9.3.1 Teledyne DALSA, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
9.4 COMET Group Limited
9.4.1 COMET Group Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
9.5 GE Inspection Technologies, LP
9.5.1 GE Inspection Technologies, LP: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
9.6 MISTRAS Group, Inc.
9.6.1 MISTRAS Group, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
9.7 Nikon Metrology NV
9.7.1 Nikon Metrology NV: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
List of Tables
TABLE 1 Market Snapshot: Global X-ray Non Destructive Testing Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 5 North America X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Volume Units)
TABLE 6 U.S. X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 7 U.S. X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Volume Units)
TABLE 8 Rest of North America X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 9 Rest of North America X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Volume Units)
TABLE 10 Europe X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 11 Europe X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Units)
TABLE 12 U.K. X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 13 U.K. X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Units)
TABLE 14 Germany X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 15 Germany X-ray NDT Equipment Market Volume, By Application, 2016 – 2026 (Units)
TABLE 16 France X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 17 France X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Units)
TABLE 18 Rest of Europe X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 19 Rest of Europe X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Units)
TABLE 20 Asia Pacific X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 21 Asia Pacific X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Units)
TABLE 22 Japan X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 23 Japan X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Units)
TABLE 24 China X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 25 China X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Units)
TABLE 26 India X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 27 India X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Units)
TABLE 28 Rest of Asia Pacific X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 29 Rest of Asia Pacific X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Units)
TABLE 30 Rest of World X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 31 Rest of World X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Volume Units)
TABLE 32 Latin America X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 33 Latin America X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Volume Units)
TABLE 34 Middle-East and Africa X-ray Non-Destructive Testing Equipment Market Revenue, By Application, 2016 – 2026 (US$ Mn)
TABLE 35 Middle-East and Africa X-ray Non-Destructive Testing Equipment Market Volume, By Application, 2016 – 2026 (Volume Units)
TABLE 36 YXLON International GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 37 Rigaku Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 38 Teledyne DALSA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 39 COMET Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 40 GE Inspection Technologies, LP: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 41 MISTRAS Group, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 42 Nikon Metrology NV: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
List of Figures
FIG. 1 Global X-ray Non-Destructive Testing Market: Research Methodology
FIG. 2 Top-Down and Bottom Up Approach
FIG. 3 Global X-Ray Non-Destructive Testing Equipment Market, By End-use Application, 2017 (US$ Mn)
FIG. 4 Global X-Ray Non-Destructive Testing Equipment Market, By Geography, 2017 (US$ Mn)
FIG. 5 Global X-Ray Non-Destructive Testing Equipment Market Revenue and Growth, 2016 – 2026, (US$ Mn) (Y-o-Y %)
FIG. 6 See-Saw Analysis : Global X-Ray Non-Destructive Testing Market
FIG. 7 Value Chain Analysis: Global X-ray Non-Destructive Testing Market
FIG. 8 Attractive Investment Proposition
FIG. 9 Market Positioning of Key X-ray NDT Equipment Vendors, 2015
FIG. 10 Global X-Ray Tire Inspection System Market Revenue Share, By Application, 2017 & 2026 (Revenue Share %)
FIG. 11 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Aerospace and Defense Applications, 2016 – 2026, (US$ Mn and Volume Units)
FIG. 12 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Industrial Manufacturing Applications, 2016 – 2026, (US$ Mn and Volume Units)
FIG. 13 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Semiconductor Applications, 2016 – 2026, (US$ Mn and Volume Units)
FIG. 14 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Power Generation Applications, 2016 – 2026, (US$ Mn and Volume Units)
FIG. 15 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Construction Applications, 2016 – 2026, (US$ Mn and Volume Units)
FIG. 16 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Automotive Applications, 2016 – 2026, (US$ Mn and Volume Units)
FIG. 17 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Oil and Gas Applications, 2016 – 2026, (US$ Mn and Volume Units)
FIG. 18 Global X-ray Non-Destructive Testing Equipment Market Revenue and Volume for Other Applications (Medical, Chemical, etc), 2016 – 2026, (US$ Mn and Volume Units)
FIG. 19 North America X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026 (US$ Mn) (Volume Units)
FIG. 20 U.S. X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026 (US$ Mn) (Volume Units)
FIG. 21 Rest of North America X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026 (US$ Mn) (Volume Units)
FIG. 22 Europe X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
FIG. 23 U.K. X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
FIG. 24 Germany X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
FIG. 25 France X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
FIG. 26 Rest of Europe X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
FIG. 27 Asia Pacific X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
FIG. 28 Japan X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
FIG. 29 China X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
FIG. 30 India X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
FIG. 31 Rest of Asia Pacific X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026, (US$ Mn) (Units)
FIG. 32 Rest of World X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026 (US$ Mn) (Volume Units)
FIG. 33 Latin America X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026 (US$ Mn) (Volume Units)
FIG. 34 Middle-East and Africa X-ray Non-Destructive Testing Equipment Market Revenue and Volume, 2016 – 2026 (US$ Mn) (Volume Units)
Based on applications in end-use verticals, the global X-ray non-destructive testing market is segmented into aerospace and defense, industrial manufacturing, semiconductor, power generation, construction, automotive, oil and gas and others (Medical, chemical etc).
X-ray non-destructive testing equipment used in oil and gas accounted for the largest revenue share in 2017. In this segment we have considered X-ray NDT equipment used in oil refineries, on-shore and off-shore pipelines, on-shore and off-shore gas wells and rings and at petrochemical plants. Rising demand for oil and gas and increasing number of oil, gas and petrochemical plants is expected to spur the demand for X-ray NDT inspection solutions. In addition, X-ray NDT equipment manufacturers are continuously working on developing efficient solutions in order to meet inspection requirement in challenging environments is also expected to spur the demand for X-ray NDT solutions.
In manufacturing industry X-ray non- destructive testing equipment are used for inspection and detection of flaws, and particles on components manufactured. The segment is expected to witness significant growth with increasing output of manufacturing industries and rising need to produce quality products. Defense and security is emerging application segment for X-ray non-destructive testing equipment.
Defense and aerospace segment is expected to witness considerable growth throughout the forecast period from 2018 to 2026. Increasing production of aircraft and spacecraft and deployment of inspection and testing equipment in this sector is expected to spur the demand for X-ray NDT equipment from this sector.
The global X-ray non-destructive testing market is classified into four major regions i.e. North America, Europe, Asia Pacific and Rest of the World (RoW). The Rest of the World X-ray non-destructive testing market is further classified into Middle East and Africa (MEA) and Latin America.
In addition, we have covered following major countries in each regional market:
As of 2017, North America is by far the largest X-ray non-destructive testing equipment market followed by Europe and Asia Pacific respectively. The revenue share of North America in the global X-ray non-destructive testing equipment market stood at 38.4% in the same year. In the base year 2017, U.S. was by far the largest and most attractive X-ray non-destructive testing equipment market in North America. It accounted for over 93% of the regional revenue in the same year. The trend shall prolong and the country is presumed to witness steady growth during the forecast period from 2018 – 2026. The aging infrastructure (ex-oil refineries, construction buildings) resulting in corrosion issues, stringent norms and regulations, and rapid progression in technology is collectively driving demand for non-destructive testing equipment in the country.
The automotive, industrial manufacturing and construction sectors in North America witnessed a gradual slow down due to bleak market conditions prevailing during economic recession. However, with financial markets showing stability, these sectors are poised to regain their original growth levels. This, in turn will have a positive impact on the overall output and subsequent demand for quality inspection equipment in the region.
