Global Industrial Radiography Market: Overview
Industrial radiography is used to find out any type of flaws in the material which cannot be detected with normal eyes; this technique is normally utilized by the manufacturers for final testing in order to inspect any defect in the product before they are dispatched. In this technique, the materials are exposed to X-rays or gamma radiations in order to find the flaws as they become visible with the exposure of these radiations. This technique is very much similar to that of X-ray in the medical industry which helps in inspecting cracks or breaks in the bone. In industrial radiography, the material is exposed to radiation between a transmitter and receiver; if any crack is detected in the material then rays directly reach to the receiver with full intensity and the crack is inspected. The detection of any flaws in the pressure vessels and gas & oil pipelines in chemical plants can be carried out with industrial radiography.
Global Industrial Radiography Market: Growth Factors
Integration of 2D & 3D capabilities in a single system is getting popular in the global industrial radiography market which drives the market growth. Core strategies that are adopted by the market players include collaborations, expansions, mergers & acquisitions, partnerships, joint ventures, and others; thus augmenting the market growth. Adoption of advanced technologies is expected to enhance the inspection quality, this may propel the industrial radiography market. The increasing acceptance of the industrial radiography technique in the aerospace and automotive industry coupled with increasing government support will give rise to the market growth in coming years. However, high risk of radiation exposure and higher deployment cost of the industrial radiography is restraining the market to some extent.
Global Industrial Radiography Market: Segmentation
The global industrial radiography market is bifurcated based on industry, imaging technique, and region. The industry segment is categorized into automotive & transportation, petrochemical & gas, manufacturing, aerospace, and power generation. Based on imaging technique, the global industrial radiography market is segregated into film-based and digital. Region-wise, the segmentation includes North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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Global Industrial Radiography Market: Regional Analysis
North America is the dominating region in the industrial radiography market, which is expected to continue this dominance in the near future too. The well-developed petroleum, manufacturing, and aerospace industries in this region contributes to the market growth. This technique is widely used in the industries for maintenance, routine inspection, and dimensional measurement. The growth of the market is anticipated to expand in the regions such as Asia-Pacific. Growing focus of the manufacturing industry towards industrial radiography in developing economies such as India and China is fuelling the global industrial radiography market growth.
Global Industrial Radiography Market: Competitive Players
The major players operating in the global industrial radiography market include Comet Holding AG, Fujifilm Holdings Corporation, 3DX-Ray Ltd., and Mettler-Toledo International Inc. Other influencing players in the market include Bosello High Technology SRL, Shimadzu Corporation, General Electric, Nikon Corporation, Anritsu Corporation, and PerkinElmer Inc.