Industrial Computed Tomography Market to Grow with a CAGR of 8% Globally through to 2028
Global Industrial Computed Tomography Market is rising
due to the growing demand for non-destructive testing and inspection solutions
across various industries in the forecast period 2024-2028.
According to TechSci Research report, “Global Industrial
Computed Tomography Market - Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, Global Industrial Computed Tomography
Market has valued at USD 670 Million in 2022 and is anticipated to project
robust growth in the forecast period with a CAGR of 8% through 2028. The Global
Industrial Computed Tomography (CT) Market is experiencing significant growth
driven by its indispensable role in non-destructive testing and inspection
across diverse industries. Industrial CT technology enables three-dimensional visualization
of the internal structures of objects, aiding in the identification of defects,
faults, and quality control. Its widespread adoption is observed in automotive,
aerospace, electronics, and manufacturing sectors, where precision and
reliability are paramount. The market's expansion is further fueled by the
continuous evolution of CT scanners, offering higher resolutions and faster
scanning speeds, enhancing efficiency and accuracy. Moreover, stringent
industry regulations and the imperative need for quality assurance are
propelling the demand for industrial CT solutions. As industries strive to
minimize production errors and ensure the integrity of their products, the
versatility and advanced capabilities of industrial CT systems make them a
preferred choice. With the ever-increasing emphasis on product quality and
safety, the Global Industrial Computed Tomography Market is poised for
sustained growth, as it addresses these critical requirements and becomes an
integral part of modern manufacturing and inspection processes.
Browse over 26 market data Figures spread
through 91 Pages and an in-depth TOC on "Global Industrial
Computed Tomography Market”.
The global industrial computed tomography (CT) market
has witnessed significant growth in recent years, driven by advancements in
technology and increasing demand for non-destructive testing solutions across
various industries. Computed tomography, also known as CT scanning, is a
powerful imaging technique that uses X-ray technology to create detailed cross-sectional
images of objects. It provides valuable insights into the internal structure
and composition of materials, enabling manufacturers to detect defects, measure
dimensions, and analyze the quality of their products.One of the key factors
contributing to the growth of the industrial CT market is the rising adoption
of CT scanning in the automotive industry. With the increasing complexity of
automotive components and the need for stringent quality control, manufacturers
are turning to CT scanning to ensure the reliability and safety of their
products. CT scanning allows for the inspection of internal structures, such as
engine components, airbags, and fuel injectors, without the need for
disassembly. This not only saves time and cost but also improves the overall
efficiency of the manufacturing process. Moreover, the aerospace and defense
sector is also driving the demand for industrial CT scanning. The aerospace
industry requires precise and accurate inspection of critical components, such
as turbine blades, composite materials, and welds, to ensure the structural
integrity of aircraft. CT scanning provides a non-destructive testing method
that can detect internal defects, such as voids, cracks, and delamination, with
high accuracy. This enables manufacturers to identify potential issues early on
and take corrective measures, thereby enhancing the safety and reliability of
aerospace products.
In addition to automotive and aerospace, the
industrial CT market is witnessing growth in other sectors as well. The
healthcare industry, for instance, is increasingly adopting CT scanning for
medical device manufacturing and research purposes. CT scanning allows for the
visualization and analysis of complex anatomical structures, aiding in the
development of innovative medical devices and improving patient care.
Furthermore, the electronics industry is utilizing CT scanning to inspect
printed circuit boards, semiconductor packages, and other electronic
components, ensuring the quality and reliability of electronic devices. Geographically,
North America and Europe dominate the industrial CT market, owing to the
presence of key market players, technological advancements, and the high
adoption rate of CT scanning in various industries. However, the Asia-Pacific
region is expected to witness significant growth in the coming years, driven by
the rapid industrialization, increasing investments in infrastructure
development, and the growing demand for quality control solutions in countries
like China, Japan, and India.
In conclusion, the global industrial CT market is
experiencing robust growth, fueled by the increasing need for non-destructive
testing solutions across various industries. The automotive, aerospace,
healthcare, and electronics sectors are the key drivers of this growth, as they
rely on CT scanning for quality control, defect detection, and dimensional
analysis. With ongoing technological advancements and expanding applications,
the industrial CT market is poised for further expansion in the future, offering
immense opportunities for market players and contributing to the overall growth
of the global economy.
The Global Industrial Computed Tomography Market is
segmented into Offering, Type, Scanning
Technique, Application, Vertical, regional distribution, and company.
Based on its Application, in terms of application, the
market is classified into failure analysis, assembly analysis, flaw detection
and inspection, dimensioning and tolerancing analysis, and others. The flaw
detection and inspection segment held the maximum share in the market, with a
share of 25.0% in 2022, and is expected to witness the highest CAGR of 8.6%
throughout the forecast period.
The increasing need for inspection of the products to
detect any flaw, crack, damage, or variation from the designed product has been
the key driver for the high share of this segment. Using industrial CT systems
for product inspections helps the manufacturer considerably reduce
production/manufacturing costs. In addition, industrial CT scanners can quickly
test and analyze minor defects that are not efficiently and effectively
traceable using traditional inspection methods.
The assembly analysis segment is anticipated to grow
at a CAGR of 7.2% throughout the forecast period. Assembly analysis is
increasingly being used in industries such as automotive, aerospace, and
electronics, which require the inspection and analysis of the assembled
products to gain insights into the placement and condition of smaller/minor
internal components without disassembling or destroying the product. Computed
tomography can help in detecting incorrectly assembled or missing components.
Based on region, Asia Pacific dominated the overall
market in 2022, with a revenue share of 33.6%. It is expected to grow at the
fastest CAGR of 8.2% throughout the forecast period. Asia Pacific has prominent
market players such as Japan-based Nikon Corporation, OMRON Corporation, and
Shimadzu Corporation. High manufacturing activities, especially in countries
such as China, Japan, and India, are driving market growth in the region.
According to United Nations Industrial Development Organization (UNIDO)’s world
manufacturing production quarterly report, in the fourth quarter of 2022, Asia
& Oceania held a share of 51% in global Manufacturing Value Added (MVA).
North America is expected to grow at a considerable
CAGR of 7.6% during the forecast period. North America has a developed
technology infrastructure and presence of industrial CT market players such as
U.S.-based Baker Hughes Company and North Star Imaging Inc. (Illinois Tool
Works Inc.). The increasing number of investments in the adoption of new &
advanced technologies by key industry players is expected to drive the regional
market growth. Moreover, North America has a presence of several industrial CT
inspection services providers, such as Canada-based Jesse Garant Metrology
Center and U.S.-based Exact Metrology.
Major companies operating in Global Industrial
Computed Tomography Market are:
- Nikon Corporation
- OMRON Corporation
- Baker Hughes Company
- Comet Group
- ZEISS Group
- Shimadzu Corporation
- North Star Imaging Inc.
(Illinois Tool Works Inc.)
- Werth Inc.
- Rigaku Corporation
- VJ Technologies
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“The global industrial computed tomography (CT) market
has been witnessing significant growth due to technological advancements and
the rising demand for non-destructive testing solutions across industries. CT
scanning, also known as computed tomography, utilizes X-ray technology to
create detailed cross-sectional images of objects, providing valuable insights
into their internal structure and composition. The automotive industry's
increasing adoption of CT scanning for quality control purposes, without the need
for disassembly, has contributed to market growth. Similarly, the aerospace and
defense sector rely on CT scanning to ensure the structural integrity of
critical components, enhancing safety and reliability. Other sectors, such as
healthcare and electronics, are also adopting CT scanning for medical device
manufacturing, research, and quality control purposes. While North America and
Europe currently dominate the market, the Asia-Pacific region is expected to
witness significant growth due to rapid industrialization and infrastructure
development. Overall, the industrial CT market is poised for further expansion,
offering opportunities for market players, and contributing to global economic
growth.,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Industrial
Computed Tomography Market – Global Industry Size, Share, Trends, Opportunity,
and Forecast, Segmented By Offering (Equipment, Services), By Type
(High-voltage CT, Micro CT, Others), By Scanning Technique (Fan-beam CT,
Cone-beam CT, Others), By Application (Flaw Detection and Inspection, Failure
Analysis, Assembly Analysis, Dimensioning and Tolerancing Analysis, Others), By
Vertical (Oil & Gas, Aerospace and Defense, Automotive, Electronics,
Others), By Region, By Competition”, has evaluated the future growth
potential of Global Industrial Computed Tomography Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Industrial Computed Tomography Market.
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