Aug 11, 2017   SOURCE: BusinessWire

X-Ray Inspection System Market to Reach $860 Million by 2023: Analysis By Technique, Dimension & Vertical - Research and Markets

The "X-Ray Inspection System Market - Global Forecast to 2023" report has been added to Research and Markets' offering.

The X-ray inspection system market is expected to be worth USD 860.5 million by 2023, at a CAGR of 6.51% between 2017 and 2023.

The stringent government regulations due to security concerns one of the major factors fueling the growth of this market. Moreover, the growing consumer awareness raising the bar of safety and quality standards, and demand from both developed and developing economies are expected to generate demand for these systems. The key restraining factors for the growth of this market are the risk of radiation exposure and high system cost.

The digital imaging technique is expected to hold a larger share of this market during the forecast period. The increased use of systems based on digital imaging for the detection of damages such as cracks, reduction in time of image processing, and 3D visualization ability contribute to a high growth of the market for this segment.

The 3D X-ray inspection system market is expected to grow at a higher CAGR between 2017 and 2023. The growth of this market can be attributed to the use of this segment in a wide range of industries, from semiconductors to automotive manufacturing, and their vital role in quality control. These systems also allow manufacturers to diagnose issues such as metal bridging, foreign materials, and construction defects in 3D planes.

Companies Mentioned

  • 3D X-Ray Ltd.
  • General Electric Co.
  • Mettler-Toledo International Inc.
  • Nikon Metrology NV
  • Nordson Dage
  • North Star Imaging, Inc.
  • Smiths Detection, Inc.
  • VJ Group, Inc.
  • Visiconsult X-Ray Systems & Solutions GmbH
  • Yxlon International GmbH

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Market Analysis, By Technique

7 Market Analysis, By Dimension

8 Market Analysis, By Vertical

9 Geographic Analysis

10 Competitive Landscape

11 Company Profile

For more information about this report visit https://www.researchandmarkets.com/research/6zlbx9/xray_inspection