Industrial Radiography Market size worth US$939.316 million by 2027

industrial radiography market

The industrial radiography market is expected to grow at a CAGR of 6.45% to reach a market size of US$939.316 million by 2027.

The rising need for industrial radiography procedures across a variety of sectors is likely to propel the market forward. As government rules for road and vehicle safety have become more stringent, the automobile industry has made enormous investments in quality control procedures over the years.

As per the report, the market about Industrial Radiography Market is expected to grow at a steady pace.  

The strategic advancements implemented by the main players to fulfill the rising demand for the industrial radiography market and strengthen their brand presence are boosting market expansion. Because of increased competitiveness across industrial sectors, manufacturers are heavily investing in quality control procedures and equipment. One of the primary technologies that producers are heavily utilizing is industrial radiography, which is a non-destructive testing approach. Industrial radiography is a technology that uses ionizing radiation to detect deviations in components and materials. This approach employs X-rays and gamma-rays.

Based on imaging techniques, the industrial radiography market is segmented into film-based and digital. The digital segment is anticipated to rise in the coming years due to technological advancements.

Based on application, the industrial radiography market is segmented into power generation, manufacturing, aerospace, automotive, and others. The aerospace market is expected to hold a significant share of the market due to the rise of aircraft production. Furthermore, rising urbanization, the rise of the aerospace and automotive sectors, and an increase in expenditures for efficient technologies all benefit the industrial radiography industry.

Based on geographical segmentation, the industrial radiography market is segmented nose North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The North American region is rising due to the increasing aerospace and automotive sectors. Industrial radiography equipment is becoming increasingly popular in the Asia Pacific area, particularly in developing economies such as China and India. This popularity is due to the region’s burgeoning semiconductor sector and increasing miniaturization of electronic components.

As a part of the report, the major players operating in the Industrial Radiography Market, that have been covered are 3D X-RAY Ltd, Anritsu Corporation, Perkin Elmer, Carl Zeiss X-ray Technologies, FUJIFILM Holding Corporation, Shimadzu Corporation, COMET Holding AG, Nikon Corporation, Hitachi Ltd. and Carestream.

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This analytics report segments the Industrial Radiography Market on the following basis:

  • By Imaging Techniques
    • Film Based
    • Digital
  • By Application
    • Power Generation
    • Manufacturing
    • Aerospace
    • Automotive
    • Others
  • By Geography
    • Americas
      • USA
      • Canada
      • Mexico
      • Others
    • Europe, the Middle East, and Africa
      • UK
      • Germany
      • France
      • Saudi Arabia
      • UAE
      • Others
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Indonesia
      • Others