Industrial X-Ray Inspection System Market to be Worth $1.33 Billion by 2031

Industrial X-Ray Inspection System Market by Component, Imaging Technique (Digital Imaging, Film-based Imaging), Dimension (2D X-Ray System, 3D X-Ray System, End-use Industry (Electronics & Semiconductors), and Geography - Global Forecast to 2031

Meticulous Research^®—a leading global market research company, published a research report titled, ‘Industrial X-Ray Inspection System Market by Component, Imaging Technique (Digital Imaging, Film-based Imaging), Dimension (2D X-Ray System, 3D X-Ray System, End-use Industry (Electronics & Semiconductors), and Geography - Global Forecast to 2031.’

According to this latest publication from Meticulous Research^®, the global Industrial X-Ray Inspection System Market is projected to reach $1.33 billion by 2031, at a CAGR of 10.7% from 2024–2031. The growth of the global industrial X-ray inspection system market is driven by stringent government regulations regarding the safety of assets, increasing consumer awareness regarding quality standards, and rising security concerns in strategic infrastructure installations. However, high equipment and maintenance costs restrain the growth of this market.

Furthermore, increasing automation in digital X-ray inspection systems, miniaturization of X-ray inspection systems for higher mobility, and increasing user-friendly interfaces due to technological advancements are expected to offer growth opportunities for the stakeholders in this market. However, the lack of qualified personnel is a major challenge impacting the growth of the industrial X-ray inspection system market. Additionally, the rising application of AI in X-ray inspection systems and the increasing adoption of CT inspection for production line application are prominent trends in this market.

The global industrial X-ray inspection system market is segmented by component (hardware, software, support services, consumables), imaging technique (digital imaging {direct radiography, computed radiography, computed tomography}, film-based imaging), dimension (2D X-ray systems, 3D X-ray systems), End-use Industry (electronics & semiconductors, aerospace, automotive, public infrastructure, power generation, oil & gas, food & beverages, manufacturing, other end-use industry), and geography. The study also evaluates industry competitors and analyses the market at the country and regional levels.

Based on component, the global industrial X-ray inspection system market is segmented into hardware, software, support services, and consumables. In 2024, the hardware segment is expected to account for the largest share of the global industrial X-ray inspection system market. The segment’s large market share is attributed to the high adoption of X-ray inspection systems due to technological advancements in radiation sources, tubes, and flat-panel detectors, increasing R&D investments, and growing demand for CT inspection for production line applications. Furthermore, several market players are launching new products to expand their offerings. For instance, in August 2023, Smiths Detection Group Ltd. (U.K.) launched the SDX 100100 DV series, comprising two dual-view X-ray scanners. This series delivers high throughput break-bulk freight and oversized baggage screening.

However, the software segment is projected to register the highest CAGR during the forecast period. The growth of this segment can be attributed to the need for software to perform several key functionalities, including managing workflows, processing images, analyzing and converting signals received from various sensors, and digitally storing them in a computer system.

Based on Imaging Technique, the global industrial X-ray inspection system market is segmented into digital imaging and film-based imaging. In 2024, the digital imaging segment is expected to account for the larger share of the global industrial X-ray inspection system market. This segment’s large market share is attributed to the advantages of digital imaging, such as the low radiation requirements for image production, enhanced image quality, rapid processing time, quick image sharing & easy storage, and low operation & maintenance costs. In addition, several leading key players are launching new products to meet the increasing demand for industrial automation, which is contributing to the market’s growth. For instance, in April 2023, Nikon Corporation (Japan) launched its large-volume high-performance X-ray and CT Systems "VOXLS 40 C 450". This product enables non-destructive inspection of various components, ranging from small to large, by utilizing X-ray and CT (computed tomography) functions to achieve high-accuracy measurement, confirmation of internal shapes, and defect analysis. Moreover, the digital imaging segment is projected to register the highest CAGR during the forecast period.

Based on Dimension, the global industrial X-ray inspection system market is segmented into 2D X-ray systems and 3D X-ray systems. In 2024, the 2D X-ray system segment is expected to account for the larger share of the global industrial X-ray inspection system market. This segment’s large market share is attributed to the increasing demand for 2D X-ray systems in the electronics and semiconductors sector, technological advancements, rapid industrialization in emerging economies, and the growing need to minimize radiation emissions and reduce operational costs.

However, the 3D X-ray systems segment is projected to register the higher CAGR during the forecast period. The rising demand for high-quality products, digitalization & miniaturization trends, increasing adoption of 3D X-ray systems across various end-use industries, and the integration of robotics into 3D X-ray inspection equipment are expected to drive the growth of this segment.

Based on End-use Industry, the global industrial X-ray inspection system market is segmented into electronics & semiconductors, aerospace, automotive, public infrastructure, power generation, oil & gas, food & beverages, manufacturing, and other end-use industries. In 2024, the electronics & semiconductors segment is expected to account for the largest share of the global industrial X-ray inspection system market. This segment’s large market share can be attributed to the increasing consumer awareness regarding quality standards, the increasing automation of digital X-ray inspection systems, and the large-scale digitalization, automation, and miniaturization of electronic devices. Moreover, the electronics & semiconductors segment is projected to register the highest CAGR during the forecast period.

Based on Geography, the global industrial X-ray inspection system market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of the global industrial X-ray inspection system market. North America's significant market share can be attributed to stringent government safety regulations, increasing automation in digital X-ray inspection systems, the presence of prominent market players in the region, and the rising adoption of CT inspection for production line applications. Furthermore, numerous market players are expanding their operations in the region, further contributing to the market’s growth. For instance, in July 2022, North Star Imaging, Inc. (U.S.) opened its X-ray inspection services lab in Orlando, Florida.

However, the market in Europe is projected to register the highest CAGR during the forecast period. The growth of this regional market can be attributed to the rising demand for remote visual inspection in the aerospace sector, stringent safety guidelines and protocols implemented by the European Union, and increasing usage of automated Non-Destructive Testing (NDT) devices in the power industry due to growing investments in nuclear plants.

Key Players

The key players operating in the global industrial X-ray inspection system market are North Star Imaging, Inc. (U.S.) (A part of Illinois Tool Works Inc.), Nikon Metrology, Inc. (U.S.) (A part of Nikon Corporation), Nordson Corporation (U.S.), YXLON International GmbH (Germany) (A part of Comet Group), VJ Group, Inc. (U.S.), 3DX-RAY Ltd (U.K.) (A part of Image Scan Holdings plc), VisiConsult X-ray Systems & Solutions GmbH (Germany), METTLER TOLEDO. (U.S.), Maha X-ray Equipment Private Limited (India), Baker Hughes Company (U.S.), Ishida Co., Ltd. (Japan), Carl Zeiss AG (Germany), Thermo Fisher Scientific Inc. (U.S.), Hamamatsu Photonics K.K. (Japan), and Matsusada Precision Inc. (U.S.).

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Key Questions Answered in the Report:

Which are the high-growth market segments in terms of component, imaging technique, dimension, and end-use industry?
What is the historical market size for the global industrial X-ray inspection system market?
What are the market forecasts and estimates for 2024–2031?
What are the major drivers, restraints, opportunities, challenges, and trends in the global industrial X-ray inspection system market?
Who are the major players in the global industrial X-ray inspection system market, and what are their market shares?
What is the competitive landscape like?
What are the recent developments in the global industrial X-ray inspection system market?
What are the different strategies adopted by major market players?
What are the trends and high-growth countries?
Who are the local emerging players in the global industrial X-ray inspection system market, and how do they compete with other players?

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