Published Year: 2023
Industrial Computed Radiography Market - A Global and Regional Analysis: Focus on Application, Compo
The global industrial computed radiography market is estimated to reach $68.8 million in 2033...
Market Research Report
A quick peek into the report
Table of Contents
1.1 Industry Outlook
1.1.1 Industrial Computed Radiography Market: Overview
1.1.2 Computed Radiography Services within the Non-Destructive Testing Landscape
1.1.3 Evolving Technological Trends and Disruptions in Computed Radiography Services
1.1.3.1 Artificial Neural Networks for Defect Detection
1.1.3.2 Battery Operated Flat Panel Detectors
1.1.3.3 Mobile Computed Tomography
1.1.3.4 Computed Laminography
1.1.4 Comparison of Computed Radiography (CR) vs. Digital Radiography (DR) vs. Computed Tomography (CT)
1.1.5 Evolving End-User Requirements for Industrial Computed Radiography Market
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Emerging Demand from the Aerospace and Defense Industry
1.2.1.2 Rising Demand for Computed Radiography Due to the Evolution of Industry 4.0 Practices
1.2.1.2.1 Case Study: Advantages of Using CR Technology Observed by Emerson Electric Co.
1.2.1.3 Rising Demand for Portable Computed Radiography
1.2.2 Business Challenges
1.2.2.1 Lack of Skilled Labors
1.2.2.2 Increasing Demand for Real-Time Image Visualization
1.2.3 Business Strategies
1.2.3.1 Business Strategies
1.2.3.1.1 New Product Launch and Business Expansion
1.2.3.2 Corporate Strategies
1.2.4 Business Opportunities
1.2.4.1 Persisting Need for CR Capabilities in Oil and Gas Domain
1.2.4.2 Opportunities in the Aviation/MRO Domain
1.2.4.3 Opportunities in Providing NDT Certification to Technician
2.1 Industrial Computed Radiography Market (by Region)
2.2 Asia-Pacific
2.2.1 Markets
2.2.1.1 Key Industrial Computed Radiography Manufacturer in Asia-Pacific
2.2.1.2 Business Drivers
2.2.1.3 Business Challenges
2.2.1.4 Asia-Pacific Industrial Computed Radiography Market (by Country)
2.2.2 Asia-Pacific (by Country)
2.2.2.1 China
2.2.2.1.1 Product
2.2.2.1.1.1 China Industrial Computed Radiography Market (Components by Application)
2.2.2.2 India
2.2.2.2.1 Markets
2.2.2.2.1.1 Key Industrial Computed Radiography Manufacturers in India
2.2.2.2.2 Product
2.2.2.2.2.1 India Industrial Computed Radiography Market (Components by Application)
2.2.2.3 Japan
2.2.2.3.1 Markets
2.2.2.3.1.1 Key Industrial Computed Radiography Manufacturers in Japan
2.2.2.3.2 Product
2.2.2.3.2.1 Japan Industrial Computed Radiography Market (Components by Application)
2.2.2.4 Rest-of-Asia-Pacific
2.2.2.4.1 Product
2.2.2.4.1.1 Rest-of-Asia-Pacific Industrial Computed Radiography Market (Components by Application)
3.1 Market Share Analysis
3.2 Industrial Computed Radiography Developers
3.2.1 MQS Technologies Pvt. Ltd.
3.2.1.1 Company Overview
3.2.1.1.1 Role of MQS Technologies Pvt. Ltd. in the Industrial Computed Radiography Market
3.2.1.1.2 Customers
3.2.1.1.3 Product Portfolio
3.2.1.2 Analyst View
3.2.2 Rigaku Corporation
3.2.2.1 Company Overview
3.2.2.1.1 Role of Rigaku Corporation in the Industrial Computed Radiography Market
3.2.2.1.2 Customers
3.2.2.1.3 Product Portfolio
3.2.2.2 Corporate Strategies
3.2.2.2.1 Partnerships
3.2.2.3 Analyst View
4.1 Factors for Data Prediction and Modeling
Table 1: Comparison of Computed Radiography (CR) vs. Digital Radiography (DR) vs. Computed Tomography (CT)
Table 2: Advantages and Disadvantages of Computed Radiography:
Table 3: Advantages and Disadvantages of Digital Radiography:
Table 4: New Product Launch, January 2018- January 2023
Table 5: Expansion, January 2018- January 2023
Table 6: Partnerships, Collaborations, Agreements, and Contracts, January 2018- January 2023
Table 7: Industrial Computed Radiography Market (by Region), Units and $Million, 2022-2033
Table 8: Asia-Pacific Industrial Computed Radiography Market (by Country), Units and $Million, 2022-2033
Table 9: China Industrial Computed Radiography Market (by Imaging Plate, by Application), Units and $Million, 2022-2033
Table 10: China Industrial Computed Radiography Market (by Computed Radiography Reader (Digitizer), by Application), Units and $Million, 2022-2033
Table 11: China Industrial Computed Radiography Market (by Review Station with Acquisition Software, by Application), Units and $Million, 2022-2033
Table 12: India Industrial Computed Radiography Market (by Imaging Plate, by Application), Units and $Million, 2022-2033
Table 13: India Industrial Computed Radiography Market (by Computed Radiography Reader (Digitizer), by Application), Units and $Million, 2022-2033
Table 14: India Industrial Computed Radiography Market (by Review Station with Acquisition Software, by Application), Units and $Million, 2022-2033
Table 15: Japan Industrial Computed Radiography Market (by Imaging Plate, by Application), Units and $Million, 2022-2033
Table 16: Japan Industrial Computed Radiography Market (by Computed Radiography Reader (Digitizer), by Application), Units and $Million, 2022-2033
Table 17: Japan Industrial Computed Radiography Market (by Review Station with Acquisition Software, by Application), Units and $Million, 2022-2033
Table 18: Rest-of-Asia-Pacific Industrial Computed Radiography Market (by Imaging Plate, by Application), Units and $Million, 2022-2033
Table 19: Rest-of-Asia-Pacific Industrial Computed Radiography Market (by Computed Radiography Reader (Digitizer), by Application), Units and $Million, 2022-2033
Table 20: Rest-of-Asia-Pacific Industrial Computed Radiography Market (by Review Station with Acquisition Software, by Application), Units and $Million, 2022-2033
Table 21: MQS Technologies Pvt. Ltd.: Product Portfolio
Table 22: Rigaku Corporation: Product Portfolio
Table 23: Rigaku Corporation: Partnerships
Figure 1: Industrial Computed Radiography Market, Units, 2022-2033
Figure 2: Industrial Computed Radiography Market, $Million, 2022-2033
Figure 3: Industrial Computed Radiography Market, Consumables (Imaging Plates), Units, 2022-2033
Figure 4: Industrial Computed Radiography Market, Consumables (Imaging Plates), $Million, 2022-2033
Figure 5: Industrial Computed Radiography Market (by Application), Units, 2023 and 2033
Figure 6: Industrial Computed Radiography Market (by Application), $Million, 2023 and 2033
Figure 7: Industrial Computed Radiography Market (by Region), $Million, 2023
Figure 8: Factors Analyzed in Business Dynamics
Figure 9: Commercial Aircraft Order Backlog (as of December 2021)
Figure 10: Share of Key Market Strategies and Developments, January 2020- November 2022
Figure 11: Industrial Computed Radiography Market Share (by Company), $Million, 2022
Figure 12: Research Methodology
Figure 13: Top-Down Approach
Figure 14: Assumptions and Limitations
Asia-Pacific Industrial Computed Radiography Market Report Coverage
|
Asia-Pacific Industrial Computed Radiography Market |
|||
|
Base Year |
2022 |
Market Size in 2023 |
$13.70 Million |
|
Forecast Period |
2023-2033 |
Value Projection and Estimation by 2033 |
$19.30 Million |
|
CAGR During Forecast Period |
3.49% |
||
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analysis of the company's coverage, product portfolio, and market penetration.
Some of the prominent names in this market are:
• MQS Technologies Pvt. Ltd.
• Rigaku Corporation
How can this report add value to an organization?
Platform/Innovation Strategy: The product segment helps the reader understand the various component that is integrated with industrial computed radiography to conduct safe, secure, and efficient non-destructive testing. Moreover, the study provides the reader with a detailed understanding of the components, such as imaging plates and computed radiography readers. In addition, it provides a detailed understanding of the acquisition software that the review station uses to review the images captured by the imaging plates.
Growth/Marketing Strategy: The Asia-Pacific industrial computed radiography market has seen major development activities by key players operating in the market, such as business expansion activities, contracts, mergers, partnerships, collaborations, and joint ventures. The favored strategy for the companies has been contracted to strengthen their position in the industrial computed radiography market.
Competitive Strategy: Key players in the Asia-Pacific industrial computed radiography market analyzed and profiled in the study involve industrial computed radiography manufacturers that offer docking systems and enabling capabilities. Moreover, a detailed competitive benchmarking of the players operating in the Asia-Pacific industrial computed radiography market offers various solutions to conduct non-destructive testing efficiently through portable computed radiography systems. Additionally, comprehensive competitive strategies such as contracts, partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Introduction to Asia-Pacific Industrial Computed Radiography Market
The Asia-Pacific industrial computed radiography market is estimated to reach $19.30 million by 2033 at a growth rate of 3.49% during the forecast period 2023-2033. The market for industrial computed radiography systems is expanding rapidly due to the increasing need for non-destructive testing (NDT) solutions, technical breakthroughs, the shift to digital imaging, and the growing focus on sustainability. The market is anticipated to keep growing in the upcoming years due to ongoing developments and possible applications in developing industries.
Market Introduction
The industrial computed radiography market in the Asia-Pacific region is expanding steadily, which is encouraging partnerships and investments in computed radiography technology. Nonetheless, the industry confronts some difficulties, such as a lack of qualified personnel to carry out non-destructive testing using computed radiography equipment. Moreover, the development of industrial computed radiography systems is being impacted by the growing use of digital radiography systems, which have the ability to visualize images in real time and automatically identify defects.
The unique requirements of sectors like aerospace and oil and gas, which call for small, portable radiography equipment that can visualize images in real time even in offshore settings, provide additional difficulties. These sectors require effective flaw correction. Consequently, industrial computed radiography system makers and non-destructive testing service providers are increasingly moving away from computed radiography.
These elements influence the Asia-Pacific industrial computed radiography market, where the need for sophisticated non-destructive testing methods spurs technological innovation and digital technology adoption. It is anticipated that the market will keep changing to satisfy industry-specific needs and get over obstacles with skilled personnel and technology improvements.
Market Segmentation
Segmentation 1: by Application
• Aerospace and Defense
• Automotive
• Oil and Gas
• Power and Energy
• Security
• Explosive Ordnance Disposal and Improvised Explosive Device
• Electronics and Semiconductors
• Food and Drugs
• Transportation Infrastructure
• Construction
• Marine
• Manufacturing
• Heavy Industries
• Others
Segmentation 2: by Component
• Imaging Plates
• Computed Radiography Reader (Digitizer)
• Review Station with Acquisition Software
Segmentation 3: by Region
• Asia-Pacific - China, Japan, India, and Rest-of-Asia-Pacific
Asia-Pacific Industrial Computed Radiography Market
Analysis and Forecast, 2023-2033
Some Faq's
Frequently Asked Questions
The Asia-Pacific industrial computed radiography market is estimated to reach $19.30 million by 2033 at a growth rate of 3.49% during the forecast period 2023-2033 and the global industrial computed radiography market is estimated to reach $68.8 million in 2033 from $59.1 million in 2022, at a growth rate of 1.49% during the forecast period 2023-2033.
Industrial computed radiography (CR) is used for non-destructive testing (NDT) in various industries. It involves the use of imaging technology to inspect and analyze the internal structure, integrity, and quality of components, structures, and materials without causing damage.
Companies that manufacture and provide industrial computed radiography, and also companies such as third-party, non-destructive testing service providers, OEMs, and resellers, should buy this report.
When X-rays or gamma rays are applied to imaging plates in computed radiography, the energy of the incoming radiation is stored in a unique phosphor coating. The latent picture is then extracted from the plate using a specialized device called a scanner, which stimulates the material with an extremely precisely focused laser beam.
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