Global Radiography Test Equipment Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 17, 2018--The “Global Radiography Test Equipment Market - Segmented by Technology, End User, and Region - Growth, Trends and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
In 2017, the global radiography test equipment market was valued at USD 858.6 million and is expected to reach a value of USD 1451.12 million by 2023, registering a CAGR of about 9.14% during 2018-2023.
The radiography test equipment market has been segmented on the basis of technology, end user, and geography. The technologies considered under the study scope include film radiography, computed radiography, digital direct radiography, and computed tomography. End users considered under the study scope are aerospace, energy, automotive, oil & gas, manufacturing, construction, and others.
Real-time radiography (RTR) is a well-known traditional method of NDT, having significant applications in aerospace, automotive, pressure vessel, electronic, and munitions industries, among others. The use of RTR is increasing due to a reduction in the cost of the equipment and resolution of issues, such as the protecting and storing digital images. In 2016, the automotive industry held a dominant position in the adoption of inspection systems and accounted for about 28.5% of the total revenue.
North America and Europe are the two largest markets for DR systems from a geographic region perspective, as these regions are the fastest adopters of new technology. A key reason for quicker adoption is the end-user mindset in these regions. Although, they are reluctant to change and there is a certain degree of resistance, the end users understand the advantages of new technology.
Companies MentionedYXLON International GE Measurement and Control Nikon Metrology Inc. North Star Imaging Inc. Durr AG Olympus Corporation Teledyne Dalsa Inc. Rigaku Americas Corporation Hamamatsu Photonics KK L-3 Technologies Vidisco Ltd
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Radiography Test Equipment Market-Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Future of the Global Radiography Test Equipment Market
For more information about this report visit https://www.researchandmarkets.com/research/2nf729/global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180517005641/en/
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SOURCE: Research and Markets
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PUB: 05/17/2018 07:24 AM/DISC: 05/17/2018 07:24 AM