What are the key factors driving industrial radiography market - PowerPoint PPT Presentation

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What are the key factors driving industrial radiography market

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Stringent regulations by various governments regarding industrial safety and product quality, increasing demand for NDT services in automotive and aerospace industries are the driving factors in the industrial radiography market. – PowerPoint PPT presentation

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Title: What are the key factors driving industrial radiography market


1
MarketsandMarkets Presents
Industrial Radiography Market by Imaging
Technique (Film-based Radiography, Digital
Radiography), End User (Petrochemicals Gas,
Power Generation, Manufacturing, Aerospace, and
Automotive Transportation), and Geography -
Global Forecast to 2025 The industrial
radiography market is estimated to grow from USD
532 million in 2020 to USD 784 million by 2025
growing at a CAGR of 8.1
2
MarketsandMarkets Presents
Major factors fueling the market growth are
advancements in software that are integrated into
radiography systems, stringent regulations by
various governments regarding industrial safety
and product quality, increasing demand for NDT
services in automotive and aerospace industries,
and the preventive maintenance of industrial
equipment.
3
MarketsandMarkets Presents
Digital radiography to lead industrial
radiography market in 2025 Digital radiography
is the latest development in industrial X-ray
imaging. A digital image-capturing device is used
in digital radiography instead of X-ray films.
Download PDF Brochure _at_ https//www.marketsandma
rkets.com/pdfdownloadNew.asp?id249604981 Further
, digital radiography has made radiography
systems easy-to-use, safe, and fast, thus driving
its adoption for industrial applications than
that of traditional film-based radiography.
4
MarketsandMarkets Presents
Market for petrochemicals gas end user to grow
at higher CAGRĀ during forecast period The rising
adoption of industrial radiography equipment for
inspecting the welds of pipelines and pressure
vessels in the petrochemical gas industry is
expected to drive the growth of the industrial
radiography market during the forecast period.
Further, workplace safety is of utmost importance
in this industry hence, radiographic techniques
are used to keep constant checks on the
equipment, which further encourages the adoption
of Industrial radiography equipment. .
5
MarketsandMarkets Presents
MarketĀ in APAC to grow at highest CAGR during
forecast period The industrial radiography
market in APAC is growing rapidly due to several
advancements and technological innovations in
different manufacturing industries. The adoption
of industrial radiography solutions is high in
APAC due to the growing manufacturing sector in
the region.
6
MarketsandMarkets Presents
Major players in the industrial radiography
market are 3DX-Ray LTD (U.K.), Anritsu
Corporation (Japan), Bosello HT (Italy),
PerkinElmer, Inc. (U.S.), General Electric
(U.S.), and FujiFilm Holdings Corporation. .
7
MarketsandMarkets Presents
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions.
8
MarketsandMarkets Presents
MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of niche markets. ContactMr.
Aashish MehraMarketsandMarkets INC.630 Dundee
RoadSuite 430Northbrook, IL 60062USA
1-888-600-6441
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