According to the latest report by IMARC Group, titled “Industrial Computed Tomography Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global industrial computed tomography market report. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global industrial computed tomography market reached a value of US$ 450.5 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 664.8 Million by 2027 exhibiting a CAGR of 6.10% during 2022-2027.
Industrial Computed Tomography (ICT) is the technique of computer-aided non-destructive testing (NDT) that deploys X-ray radiation to represent the external and internal geometries of a scanned object. It has numerous applications, such as flaw detection, failure analysis, assembly analysis, etc. Industrial computed tomography also assists in non-contact measurement, reverse engineering, contract evaluation, and metrology, thereby promoting the accurate and instant interpretation of large and micro structures. It enables manufacturers to enhance product design and lower development costs. Consequently, ICT finds extensive application across various sectors, including aerospace, automotive, electronics, oil and gas, etc.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these top key players include:
- Baker Hughes Company,
- Bruker Corporation,
- Carl Zeiss AG,
- Comet Group,
- Hitachi Ltd.,
- Nikon Corporation,
- North Star Imaging Inc. (Illinois Tool Works Inc.),
- Omron Corporation,
- Rigaku Corporation,
- Shimadzu Corporation,
- Thermo Fisher Scientific Inc.,
- VJ Group Inc.
- Werth Inc.
Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape
- Strategies of major players and product offerings
Industrial Computed Tomography Market Trends and Drivers:
The increasing complexity in the design and manufacturing of components across several industry verticals, such as electronics, commercial, aerospace, military, etc., is among the key factors driving the Industrial Computed Tomography (ICT) market.
Additionally, the growing innovations in sensor and digital detector technologies, which require the usage of ICT to implement prototypes and spot-check sample inspection, are also positively influencing the market growth. Besides this, the inflating utilization of the ICT technique in the automotive industry for convenient inspection of the assembled systems is acting as another significant growth-inducing factor.
Furthermore, the rising adoption of additive manufacturing techniques, including three-dimensional (3D) printing in the healthcare sector to produce surgical implants, instruments, and bioengineering tools, is expected to augment the Industrial Computed Tomography (ICT) market over the forecasted period.
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Global Industrial Computed Tomography Market 2022-2027 Analysis and Segmentation:
The report has segmented the market on the basis of region, offering, application and end use industry.
Breakup by Offering:
- Equipment
- Line Beam Scanners
- Cone Beam Scanners
- Services
Breakup by Application:
- Flaw Detection and Inspection
- Failure Analysis
- Assembly Analysis
- Others
Breakup by End Use Industry:
- Aerospace
- Automotive
- Electronics
- Oil and Gas
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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