Computed and Direct Radiography to Boost Global X-ray Inspection Systems Market
Quality control and inspection solutions will be important to Industry 4.0-driven smart factories, creating growth opportunities
SAN ANTONIO, March 28, 2022 /PRNewswire/ — Frost & Sullivan’s recent analysis of the global X-ray inspection systems industry finds that computed radiography (CR) and direct radiography (DR) application standards offer more benefits than X-ray film-based radiography and will expedite the adoption of X-ray inspection systems worldwide. The digital features of CR and DR application standards are driving wider market acceptance for digital X-ray inspection equipment. The global X-ray inspection systems market is estimated to reach $437.4 million by 2026 from $276.2 million in 2021, an uptick at a compound annual growth rate (CAGR) of 9.6%.
For further information on this analysis, please visit: https://frost.ly/74s
“Sophisticated hardware and software in X-ray inspection systems will accelerate adoption in the dynamic Industry 4.0 environment,” said Shruti Yewale, Research Analyst, Industrial Practice, Frost & Sullivan. “Additionally, quality control and inspection solutions will hold substantial market share in Industry 4.0-driven smart factories, creating opportunities for the X-ray inspection systems market.”
Yewale added: “The DR segment will account for nearly 72% of the total market, followed by the CR segment, over the forecast period. Aerospace and defense, automotive, and oil and gas are key industries inflating demand for DR-based X-ray inspection systems in North America and Europe. On the other hand, companies in developing economies in the Asia-Pacific that seek to transition from analog to digital X-ray inspection types typically retrofit CR into traditional X-ray inspection systems.”
With industry verticals’ increasing awareness of the benefits of digital X-ray inspection systems, market participants should consider:
- Workflow management software: Deployment enables smart data evaluation capabilities for statistics and predictive maintenance for customers.
- Automatic defect recognition (ADR): Vendors should encourage companies to use ADR to replace manual inspections with automatic or assisted evaluations, reducing cycle times and parts cost while eliminating human variability.
- Digital Twin: Digital twin will help improve the overall inspection, design, production, and maintenance processes.
Global X-ray Inspection Systems Growth Opportunities is the latest addition to Frost & Sullivan’s Industrial research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
About Frost & Sullivan
For over six decades, Frost & Sullivan has helped build sustainable growth strategies for Fortune 1000 companies, governments, and investors. We apply actionable insights to navigate economic changes, identify disruptive technologies, and formulate new business models to create a stream of innovative growth opportunities that drive future success. Contact us: Start the discussion.
Global X-ray Inspection Systems Growth Opportunities
K6D2
Media Contact:
Srihari Daivanayagam, Corporate Communications
P: +91 44 6681 4412
https://www.frost.com
Photo – https://mma.prnewswire.com/media/1774699/radiography.jpg