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(Transportation-News.com, November 04, 2015 ) Portland, OR --
Industrial radiography is a method of inspecting materials for hidden flaws using the capacity of short-wavelength electromagnetic radiation (high-energy photons) to penetrate various materials. In this report, the market has been segregated on the basis of imaging techniques, application industries, and geographical regions. The market on the basis of imaging techniques has been further subdivided into film-based radiography and digital radiography. Digital radiography is further segmented into computed tomography, computed radiography, and direct radiography.
Industrial radiography is widely used in petrochemical and gas, power generation, manufacturing, aerospace, automotive and transportation, and others. The automotive and transportation industry is expected to hold the largest share of the Industrial radiography market during the forecast period, mainly because it provides automotive manufacturers the ability to engineer products of higher quality with tighter tolerances, while also providing them a way to inspect the products during the production process.
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The total market is expected to reach USD 539.0 million by 2020, at a CAGR of 8.2% between 2015 and 2020. The market for the petrochemical and gas industry is expected to grow at a CAGR of 9.1% during the forecast period mainly owing to the increasing use of industrial radiography by the petrochemical and gas industry to inspect the manufacturing process and during in-service operations above water and underwater.
The Industrial Radiography Market by Imaging Technique report analyzes the entire market on the basis of all the major geographical regions, namely, the Americas, Europe, Asia-Pacific, and Rest of the World which comprises the Middle East and Africa. The Americas are currently a major market for industrial radiography; however, APAC is expected to grow at the highest CAGR of 9.6% during the forecast period.
A complete competitive landscape of the current market for industrial radiography is analyzed and all other details of the key players are discussed in their company profiles. The competitive information provided in this report includes key developments, core strategies adopted by various players, mergers & acquisitions, new product developments, collaborations, and joint ventures of key manufacturers along with their company profiles.
Key players in the industrial radiography market are 3DX-RAY LTD. (U.K.), Anritsu Corporation (Japan), Bosello High Technology srl (Italy), PerkinElmer, Inc. (U.S.), General Electric (U.S.), FUJIFILM Holdings Corporation (Japan), Nikon Corporation (Japan), Shimadzu Corporation (Japan), Mettler-Toledo International Inc. (Switzerland), and COMET Holding AG (Switzerland) among others.
TABLE OF CONTENTS
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 STUDY SCOPE 15
1.4 CURRENCY 16
1.5 LIMITATIONS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.2 MARKET SIZE ESTIMATION 22
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 25
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE GLOBAL INDUSTRIAL RADIOGRAPHY MARKET 32
4.2 MAJOR INDUSTRIES USING RADIOGRAPHY FOR TESTING 32
4.3 INDUSTRIAL RADIOGRAPHY MARKET, BY IMAGING TECHNIQUE AND GEOGRAPHY 33
5 MARKET OVERVIEW 36
5.1 INTRODUCTION 37
5.2 MARKET SEGMENTATION 37
5.3 BASIC COMPONENTS OF INDUSTRIAL RADIOGRAPHY 40
6 INDUSTRY TRENDS 49
6.1 INTRODUCTION 49
6.2 VALUE CHAIN ANALYSIS 49
7 INDUSTRIAL RADIOGRAPHY MARKET, BY IMAGING TECHNIQUE 58
7.1 INTRODUCTION 59
7.2 FILM-BASED RADIOGRAPHY 60
7.3 DIGITAL RADIOGRAPHY 63
8 INDUSTRIAL RADIOGRAPHY MARKET, BY INDUSTRY 73
8.1 INTRODUCTION 74
8.2 PETROCHEMICAL AND GAS 75
8.3 POWER GENERATION 83
8.4 MANUFACTURING 90
9 INDUSTRIAL RADIOGRAPHY MARKET, BY GEOGRAPHY 110
9.1 INTRODUCTION 111
9.2 AMERICAS 112
9.3 EUROPE 116
10 COMPETITIVE LANDSCAPE 127
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