X-ray Inspection System Market to Expand Significantly, Expected CAGR of 4.5% by 2034 to total USD 1.3 billion | Report by Transparency Market Research, Inc.
Integration of new technologies and rising innovation are expected to drive demand for an X-ray inspection system market.
Wilmington, Delaware, United States, Transparency Market Research Inc.-, July 11, 2024 (GLOBE NEWSWIRE) -- Globally, the market for X-ray inspection systems (أنظمة الفحص بالأشعة السينية) was worth US$ 820.0 million in 2023. The market is expected to expand at a 4.5% CAGR from 2024 to 2034, reaching US$ 1.3 billion by 2034. Increased demand for portable and convenient-to-use devices is likely to increase demand over the next few years.
Point-of-care devices will likely gain traction over the next few years. Advancements in miniaturization and battery technology will allow for the improvement of compact and hand-held X-ray devices, improving the flexibility and accessibility of online inspections.
Dual-energy X-ray systems can discriminate between unique materials, enhancing the detection of foreign objects and contaminants in a wide range of products. X-ray inspection structures can be tailored to satisfy the unique needs of different industries, such as food safety, additive production, and electronics, ensuring green and effective inspection management.
Increased research and development activities to study the accuracy of the devices are expected to fuel growth for the market. In the latest research study published in the Journal Optica, experts from the University College London produced multi-evaluation images that could be utilized in a wide range of complicated situations to identify and detect hazardous materials (like explosives). The technique was based on the combination of exceptional X-ray imaging technologies.
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Key Findings of the Market Report
- Asia Pacific is expected to account for the majority share of the global industry in 2024.
- Based on type, digital imaging is expected to create a market for X-ray inspection systems.
- The 3D dimension segment is anticipated to gain traction in the coming years.
- A growing number of technologies and integrations will drive demand for automated systems.
- Over the coming years, it is expected that the aerospace industry will fuel a significant amount of demand.
Global X-ray Inspection System Market (Marché des systèmes d’inspection par rayons X): Growth Drivers
- Increased demand for improved resolution and image quality among consumers to drive growth for the market: Advancements in X-ray detectors and image processing algorithms contribute to high-resolution images, allowing for increased visualization and more accurate defect and contamination detection.
- Technological integrations such as AI contribute to the growth. AI algorithms can be used to analyze X-ray images efficiently and appropriately, supporting professionals in making quicker and more significant diagnoses. AI integration is facilitating a shift in the direction of more intelligent and independent X-ray inspection solutions.
- Using 3-D and multimodal imaging will enhance diagnostic capabilities. The integration of technologies in X-ray imaging and other modalities like CT, MRI, or PET can offer complete, multi-dimensional insights into the structure and characteristics of an examined product.
- Radiation awareness will likely increase over the next few years driving the market for X-ray inspection systems in the market. Innovations in dose-reduction strategies and opportunities in imaging techniques, such as low-dose X-ray or X-ray phase-comparison imaging, are aimed at decreasing radiation exposure for both patients and operators.
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Global X-ray Inspection System Market: Regional Landscape
- The Asia Pacific market is expected to grow at a steady pace for the X-ray inspection machine market throughout the forecast period. Growth has been fueled by the region's strong emphasis on industrialization and the development of manufacturing capabilities, specifically in nations along with India, China, and South Korea.
- Due to the excessive adoption of X-ray inspection systems in the food and power generation industries demand is expected to increase. With the growing pressure on food companies to implement high-quality inspection methods to ensure product quality and safety, the market for X-ray inspection structures is expected to expand.
- The rapid growth of manufacturing operations in industries such as electronics, automobile, aerospace, and consumer products within the Asia Pacific region has resulted in a growing need for superior quality assurance and control techniques, with X-ray inspection gadgets playing a critical role in assuring product safety and protection
Global X-ray Inspection System Market: Competitive Landscape
Companies working in the worldwide X-ray inspection device industries are incorporating Artificial Intelligence (AI) and Machine Learning (ML) algorithms to investigate images of X-rays for specific illnesses that may be detected.
Some of the leading groups are adopting 3-D imaging technology, which has enabled the development of CT X-ray systems that are useful resources in greater inspection of products.
Key Players Profiled
- METTLER TOLEDO
- Nordson Corporation
- Comet Group
- Anritsu
- Viscom SE
- North Star Imaging Inc.
- Nikon Corporation
- ISHIDA CO., LTD.
- OMRON Corporation
- TOSHIBA IT & CONTROL SYSTEMS CORPORATION
- 3DX-RAY
- Sesotec GmbH
- Visiconsult GmbH
- Scienscope
Key Developments
- In March 2024, Ishida developed high-speed x-ray for go-with-the-flow-wrapped packs, overcoming the difficult task of carrying out a comprehensive foreign frame and first-rate exams on small lightweight flow-wrapped confectionery and bakery packs on high-speed packing strains.
- In July 2024, the X52 Dual Energy x-ray inspection system from Mettler-Toledo Product Inspection completes the X2 Series, designed to meet the demands of difficult applications in packaged goods.
Global X-ray Inspection System Market: Segmentation
Type
- Digital Imaging
- Film-based Imaging
Dimension
- 2D
- 3D
Function
- Manual
- Automated
End Use
- Electronics and Semiconductors
- Oil and Gas
- Aerospace
- Government Infrastructure
- Automotive
- Power Generation
- Food and Pharmaceuticals
- Packaging
- Others
Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
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