X-Ray Automatic Vision Inspection System Market

X-Ray Automatic Vision Inspection System Market Size and Growth Rate:

The X-ray automatic vision inspection system market is predicted to reach USD 875.5 Million by 2023, at a CAGR of 6.67% between 2017 and 2023, as per the market research analysts at Research Cosmos.

Objectives of the Study:

• To define, describe, and forecast the global X-ray inspection system market, in terms of value,  on the basis of technique, dimension, vertical, and geography
• To forecast the market size, in terms of value, for the concerned segments with regard to four main regions, namely, Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
• To strategically analyze the micro markets with regard to the individual growth trends, prospects, and contribution to the X-ray inspection system market
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the X-ray inspection system market
• To analyze opportunities in the market for stakeholders and the details of the competitive landscape for the market leaders
• To provide a detailed overview of the X-ray inspection system value chain
• To benchmark players within the market using proprietary “Competitive Leadership Mapping” framework, which analyzes market players on various parameters within the broad categories of business and product strategy
• To analyze competitive developments such as partnerships, acquisitions, expansions, agreements, collaborations, contracts, and product launches, along with research and development (R&D) in the X-ray inspection system market
• To strategically profile key players of the X-ray inspection system market and comprehensively analyze their market shares and core competencies

Market Growth Drivers:

Growing consumer awareness raising the bar of safety and quality standards acts as a driver for the growth of the X-ray inspection system market. Moreover, stringent government regulations due to security concerns, and demand from both developed and developing economies also drive the growth of this market.

Geographically, The X-ray inspection system market in the Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the continuous demand for cost-effective and fast-processing X-ray inspection systems from the oil and gas, and power generation verticals.

Recent Developments in the market:

In October 2018, Viscom Inc., producers of optical and x-ray review frameworks, has banded together with Vancouver-based G2 Manufacturing for deals portrayal all through Western Canada.

In September 2018, SVXR, Inc., one of the main administrators in innovation industry, has reported the clearance of X200 framework to Japan-based SHIIMA Electronics Inc. X200 framework is a mix of high affectability and fast X-ray imaging equipment with cutting edge machine learning calculations for programmed ID of packaging issues.

Key Players Profiled in this X-Ray Automatic Vision Inspection System Market Report are:

• Smith’s Detection, Inc. (the U.K.)
• Nikon Metrology NV (Belgium)
• Mettler-Toledo International Inc. (Switzerland)
• VJ Group, Inc. (the U.S.)
• Nordson DAGE (the U.K.)
• North Star Imaging, Inc. (the U.S.)
• Visi Consult X-ray Systems and Solutions GmbH (Germany)
• YXLON International GmbH (Germany)
• 3DX-RAY Ltd. (the U.K.)
• General Electric Co. (the U.S.)

This research report includes following segmentation for the Global X-Ray Automatic Vision Inspection System Market size and forecast until 2023.

X-Ray Automatic Vision Inspection System Market Analysis by Technique

• Film–Based Imaging
• Digital Imaging
• Computed Tomography (CT)
• Computed Radiography (CR)
• Direct Radiography (DR)

X-Ray Automatic Vision Inspection System Market Analysis by Dimension

• 2D
• 3D

X-Ray Automatic Vision Inspection System Market Analysis by Vertical

• Manufacturing
• Oil and Gas
• Aerospace
• Government Infrastructure
• Automotive
• Power Generation
• Food and Pharmaceuticals
• Others

X-Ray Automatic Vision Inspection System Market Analysis by Region:

• Asia Pacific
• North America
• Europe
• Rest of the world