Global
industrial
X-ray testing machines market is expected
to grow at a significant CAGR in the upcoming period as the scope and its
applications are rising enormously across the globe. Industrial X-ray testing
machines is a procedure of non-destructive testing that examines several
manufactured components to verify the integrity and internal structure of the
specimen.
The
factors that are playing a major role in the growth of the market are a
technological enhancement in the testing machines, the growing demand from
end-users due to security purpose, and the high demand for automated X-ray
testing machines in aviation, pharmaceutical, automobile, and other industries.
However, the high cost of machines may restrain overall market growth in the
years to come. Industrial X-ray testing machines market is segmented based on
product type, technology, application, and region.
Soft
X-ray machine and hard X-ray machine are the product types that could be
explored in industrial X-ray testing machines market in the forecast period.
Based on technology, computed tomography and direct digital radiography could
classify industrial X-ray testing machines in the forecast period. Direct
digital sector accounted for the substantial market share of industrial X-ray
testing machines and is estimated to lead the overall market in the years to
come.
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The
market may be categorized based on applications like non-intrusive cargo
scanning, oil and gas, airport security, manufacturing, food and
pharmaceutical, automotive, and others that could be explored in the forecast
period. Airport security and non-intrusive cargo scanning accounted for the
substantial market share of industrial X-ray testing machines and is estimated
to lead the overall market in the years to come.
Globally,
Asia Pacific accounted for the substantial market share of industrial X-ray
testing machines and is estimated to lead the overall market in the years to
come. The reason behind the overall market growth could be the developing power
generation sector and aviation industries, the rising customer awareness
regarding the advanced quality of products, and technological enhancement in
industrial X-ray products. In addition, the increasing government initiative by
funding the industrial sector may boost the overall market in the years to
come. The developing countries like India and China are the major consumers of
industrial X-ray testing machines in this region.
The
key players of industrial X-ray testing machines market are PERLONG, SMEW,
MEDEX, HU.Q, Angell, GE, YIJU, Mindray, and Future-Med. These players are
concentrating on inorganic growth to sustain themselves amidst fierce
competition.
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