Industrial Computed Tomography Market

Global Industrial Computed Tomography Market: Overview

The growing usage of techniques of additive manufacturing in production processes across sectors such as electronics, military, aerospace, and automotive is likely to aid growth of the market. In addition, improvements in sensor and digital detector technology have opened the way for a greater acceptance of industrial computed tomography (CT) scanners in the market. Additive manufacturing, commonly known as 3D printing, entails the development of complex patterns and structures that would be extremely expensive and impossible to manufacture utilizing traditional techniques. These constructions are created by applying material layer by layer, resulting in a one-piece structure. These factors are likely to foster growth of the global industrial computed tomography market in the years to come.

Transparency market research offers a comprehensive understanding of the global industrial computed tomography market through this report. It provides well-researched data on a wide variety of market aspects in order to provide useful business input for profit making.

Global Industrial Computed Tomography Market: Notable Developments

Rigaku Corp. purchased Xwinsys Technology Development Ltd., an Israeli business that provides X-ray technology-based metrology solutions, in July 2019. The purchase was made with the intention of creating new in-line X-ray metrology equipment for the purpose of semiconductor processes, MEMS, electronics devices and packaging, and various other applications.

The noted players that are operational in the global industrial computed tomography market are North Star Imaging, Inc., Baker Hughes Company, Nikon Metrology NV, YXLON International, Rigaku Corporation, and ZEISS Group.

Global Industrial Computed Tomography Market: Key Trends

Below-mentioned market trends and opportunities mark the global industrial computed tomography market:

High Demand from the Aerospace Sector to Spell Growth for the Market

High-powered x-rays are utilized in industrial CT scanning to infiltrate an object's interior geometries, making it an ideal inspection technique for various high-value parts when destructive testing is too expensive. Most aerospace businesses have CT and X-ray systems developed for repeatability and efficiency to guarantee operation of equipment safely and accurately every time, ranging from a small electronic sensor to a complete composite helicopter rotor blade. To save time and money, aircraft manufacturers choose CT technology that can check big parts such as piston engines and turbines and in one single cycle. Industrial CT equipment may be used to examine and evaluate the density and uniformity of these super alloy elements. The huge volume of sales of these equipments from such firms or sectors has the potential to fuel expansion of the global industrial computed tomography market. The use of x-ray computed tomography for dimensional metrology in the aerospace sector for making dimensional measurements on industrial parts has numerous advantages, including the ability to make non-destructive tests that are typically unachievable with conventional measuring methods.

Global Industrial Computed Tomography Market: Geographical Analysis

In 2020, North America ended up leading the global industrial computed tomography market, accounting for a considerable chunk of the total revenue. Over the next several years, the region will continue to grow at a rapid rate. The regional market is anticipated to expand as leading industry players increase their spending in the acceptance of new and sophisticated technologies. The region's thriving automotive and electronics sectors, as well as the existence of industry participants like Yxlon International GmbH, Nikon Metrology NV, and Baker Hughes Co., are all expected to support market expansion in the coming years. Asia Pacific is expected to be one of the rapidly growing regional markets in the forthcoming years.

The growing usage of industrial CT systems for the purpose of testing and inspection purposes across many industries, such as military, aerospace, electronics, and automotive might be linked to this rise. The region is regarded as the manufacturing hub for electronics and automotive businesses. In addition, the Asia Pacific area has the greatest quantity of oil and gas production in the world. All these factors are likely to generate demand for industrial computed tomography in the years to come.