Industrial Radiography Market Research Report

 

Global Industrial Radiography Market

The GMI Research forecasts that the Industrial Radiography Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the rigorous norms by governments regarding industrial safety and product quality and escalating demand for NDT services in the automotive and aerospace industries.

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Introduction of the Industrial Radiography Market

Industrial radiography is a method of non-destructive testing where many types of manufactured components can be examined to verify the internal structure and integrity of the specimen. Industrial Radiography can be performed utilizing either X-rays or gamma rays.

Key Players of the Global Industrial Radiography Market:

·         General Electric Company

·         Ashtead Technology Ltd

·         Comet Group

·         Mistras Group, Inc

·         FUJIFILM Holdings Corporation

·         Applied Technical Services, Inc

·         Nordson Corporation

·         North Star Imaging Inc.

·         American Testing Services Ltd

·         TUV Rheinland Group

Industrial Radiography Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

The increasing prominence of the Industrial Radiography market is owing to the augmenting demand for the rising demand for computed tomography, which is a non-destructive evaluation technique to generate 2-D and 3-D cross-sectional images of an object from X-ray images. Moreover, the technology engenders opportunities in the automotive and aerospace industries by providing valuable inspection insights to manufacturers' production processes. Industrial X-ray computed tomography (XCT) excelled traditional co-ordinate measuring machines or laser scanners owing to their various advantages including, capability for non-destructive testing, accurately and quickly validate design requirements for both external and internal components; reverse engineer enclosed components and geometries, reduction of analysis, inspection, and decrease in development cost. Furthermore, the rigorous protective norms imposed by the government will further strengthen the Industrial Radiography market size.

Imaging Technique Segment Drivers

Based on imaging techniques, digital radiography is predicted to expand at a significant rate attributed to their robust demand and the usage of digital ray's conventional photographic films. It helps curb the need for harmful image processing chemicals to view images immediately on a computer console. All these features together will pave the way for market growth.

End-User Segment Drivers

On the basis of end-user, the market is bifurcated into power generation, manufacturing, petrochemical & gas, aerospace, automotive & transportation. Among these, aerospace is expected to expand at an accelerated rate due to the robust demand for computed radiography (CR) to ascertain the integrity and safety of manufactured assemblies and components. Moreover, it decreases chemical waste, provides real-time quality images, enables proper interpretation and inspection, making it an essential part of automotive production. Hence, these modernizations will fuel the Industrial Radiography market share.

Regional Drivers

On the basis of region, North America is contemplated to hold the largest share over the coming years. This is primarily because of the enhancement in manufacturing, automotive, aerospace, and petrochemical sectors and the extensive implementation of a technique for inspection, maintenance, and dimensional measurement. Asia-Pacific, on the other hand, will witness faster growth owing to the strict government norms concerned with safety.

Industrial Radiography Market Segmentation:

Segmentation by Imaging Technique

·         Film-based Radiography

·         Digital Radiography

o   Computed Tomography

o   Computed Radiography

o   Direct Radiography

Segmentation by Radiation

·         X-Rays

·         Gamma Rays

Segmentation by End-Use

·         Petrochemicals & Gas

·         Manufacturing

·         Aerospace & Defence

·         Automotive & Transportation

·         Power Generation

·         Others

Segmentation by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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