According to Tanalyze analysis, the global X-ray inspection systems market is projected to experience a compound annual growth rate (CAGR) of 8.8% during the forecast period, reaching an estimated value of USD 543.5 million by 2029.
This report examines the segmentation of the global X-ray inspection systems market by equipment type for the forecast period, focusing on computed radiography and direct radiography. The computed radiography segment is anticipated to demonstrate a CAGR of 11.1% during the forecast period (2024-2029). Computed radiography is expected to maintain a significant market share throughout this period, particularly in mobile Non-Destructive Testing (NDT) applications. These applications include quality assurance of welds, measurement of wall thickness, and monitoring of corrosion and erosion in pipes. Additionally, computed radiography will be preferred for manual maintenance tasks involving valves, fittings, and other components.
The report also evaluates the global X-ray inspection systems market size across various end-user segments, including aerospace and military, transportation, oil and gas, semiconductor, among others, for the indicated period. The aerospace and military segment’s market size is projected to demonstrate a CAGR of 9.4% during the forecast period from 2024 to 2029. This growth is attributed to countries worldwide prioritizing the strengthening of military operations due to escalating geopolitical tensions. The defense industry has not been significantly impacted by the global crisis compared to the commercial aerospace sector, which is notably more vulnerable.
Geographically, North America has emerged as the dominant player in the X-ray inspection systems market, as observed in 2023. Following closely behind are Europe and Asia-Pacific. North America leads significantly in the global aerospace and defense industry, operating under stringent regulations and heavily relying on Digital Radiography (DR) systems for quality inspection solutions. Additionally, the automotive and oil and gas industries are major contributors that contribute to North America’s dominance in the x-ray inspection systems market.
Leading vendors shaping competitive dynamics include Baker Hughes Company, COMET Holding AG, Nikon Corporation, Nordson Corporation, Carestream Health, Inc., VisiConsult X-ray Systems & Solutions GmbH, VISCOM AG, VJ Technologies, Inc., FORCE Technology, North Star Imaging, Inc., Blue Star Limited, Teledyne Technologies Incorporated, VMI Security Systems, Balteau NDT S.A., Fujifilm Corporation, Vidisco Ltd., Metrix NDT Ltd., among others.
This study aims to analyze the global market for various segments of X-ray inspection systems, including:
Equipment Type: Computed Radiography and Direct Radiography.
End-User: Aerospace and Military, Transportation, Oil and Gas, Semiconductor, and Others.
Region: North America, Europe, Asia-Pacific, and Rest of World (RoW).
Table of Contents
TABLE OF CONTENTS
TABLE OF CONTENTS 1
FIGURES AND TABLES 4
Part 1. Key Findings 6
Part 2. Scope and Methodology 7
Report Scope 8
Equipment Type 8
End-User 8
Region 8
Research Methodology 9
Part 3. X-ray Inspection Systems Market Overview 11
Summary 11
Introduction 13
Part 4. Market Dynamics 14
Growth Drivers 14
Restraints and Challenges 16
Opportunities 18
Part 5. Global X-ray Inspection Systems Market by Equipment Type 20
Computed Radiography 23
Computed Radiography Market by End User 26
Computed Radiography Market by Region 27
Direct Radiography 28
Direct Radiography Market by End User 31
Direct Radiography Market by Region 32
Part 6. Global X-ray Inspection Systems Market by End-User 34
Aerospace and Military 37
Transportation 39
Oil and Gas 41
Semiconductor 43
Others End User 45
Part 7. Global X-ray Inspection Systems Market by Region 46
North America 50
Europe 51
Asia Pacific 52
Rest of World 53
Part 8. Global X-ray Inspection Systems Market by Distribution Channels 54
Part 9. X-ray Inspection Systems Market Competitive Analysis 55
Global X-ray Inspection Systems Market Competition Overview 55
Baker Hughes Company 57
Business Overview 57
Contact Information 62
COMET Holding AG 63
Business Overview 63
Contact Information 65
Nikon Corporation 66
Business Overview 66
Contact Information 68
Nordson Corporation 69
Business Overview 69
Contact Information 71
Carestream Health, Inc. 72
Business Overview 72
Contact Information 72
Other Leading Competitors 73
Disclaimer 74
FIGURES AND TABLES
Global X-ray Inspection Systems Market, Net Growth, 2020-2029 (USD Million)
Global X-ray Inspection Systems Market by Equipment Type, 2020-2029 (USD Million)
Global X-ray Inspection Systems Market Share (%), by Equipment Type, 2023/2029
Global X-ray Inspection Systems Market by Equipment Type, CAGR Historic and Forecast, 2020-2029
Global X-ray Inspection Systems Market for Computed Radiography: 2020-2029 (USD Million)
Global X-ray Inspection Systems Market for Direct Radiography: 2020-2029 (USD Million)
Global X-ray Inspection Systems Market by End-User, 2020-2029 (USD Million)
Global X-ray Inspection Systems Market Share (%), by End-User, 2023/2029
Global X-ray Inspection Systems Market by End-User, CAGR Historic and Forecast, 2020-2029
Global X-ray Inspection Systems Market for Aerospace and Military: 2020-2029 (USD Million)
Global X-ray Inspection Systems Market for Transportation: 2020-2029 (USD Million)
Global X-ray Inspection Systems Market for Oil and Gas: 2020-2029 (USD Million)
Global X-ray Inspection Systems Market for Semiconductor: 2020-2029 (USD Million)
Global X-ray Inspection Systems Market for Others End User: 2020-2029 (USD Million)
Global X-ray Inspection Systems Market Share (%), by Region, 2023
Global X-ray Inspection Systems Market by Region, 2020-2029 (USD Million)
Global X-ray Inspection Systems Market Share (%), by Region, 2023/2029
Global X-ray Inspection Systems Market by Region, CAGR Historic and Forecast, 2020-2029
North America X-ray Inspection Systems Market: 2020-2029 (USD Million)
Europe X-ray Inspection Systems Market: 2020-2029 (USD Million)
Asia Pacific X-ray Inspection Systems Market: 2020-2029 (USD Million)
Rest of World X-ray Inspection Systems Market: 2020-2029 (USD Million)
Global X-ray Inspection Systems Market Share (%), by Distribution Channels, 2023
Global X-ray Inspection Systems Market Share, by Top Players, 2023
Baker Hughes Company Financial Overview, 2019-2023 (USD Million)
Baker Hughes Company Revenue, by Type, 2023
Baker Hughes Company Revenue, by Segment, 2023
Baker Hughes Company Oilfield Services & Equipment Revenue, by Segment, 2023
Baker Hughes Company Industrial & Energy Technology Revenue, by Segment, 2023
Baker Hughes Company Revenue, by Region, 2023
Baker Hughes Company Oilfield Services & Equipment Geographic Revenue, by Region, 2023
COMET Holding AG Financial Overview (CHF Million), 2019-2023
COMET Holding AG Revenue, by Segment, 2023
Nikon Corporation Financial Overview (JPY Million), 2020-2024
Nikon Corporation Revenue, by Segment, 2024
Nikon Corporation Revenue, by Region, 2024
Nordson Corporation Financial Overview (USD Million), 2019-2023
Nordson Corporation Revenue, by Segment, 2023
Nordson Corporation Revenue, by Region, 2023