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Industrial Radiography Testing Market Global Insights 2019, Forecast to 2024 | GE Measurement and Control, Nikon Metrology Inc., North Star Imaging

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Nov 13, 2019 (Market Insight Reports via COMTEX) -- Industrial Radiographic Testing (RT) is a nondestructive examination (NDE) technique that entails the use of either x-rays or gamma rays to view and inspect the internal structure of a component. It is extremely reproducible, can be utilized on a variety of materials, and the data accumulated can be stored for later analysis. Radiography is an effective and efficient tool that requires very small surface preparation. Furthermore, many radiographic systems are portable, which allows for usage in the field and at elevated positions.

Some of the major players of the market are:

YXLON International, GE Measurement and Control, Nikon Metrology Inc., North Star Imaging Inc., Carestream, Du_rr AG, Olympus Corporation, COMET Holding AG, Teledyne Dalsa Inc., Rigaku Americas Corporation, Hamamatsu Photonics K.K., L-3 Technologies, amongst others.

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Market Overview

The industrial radiography testing market is expected to register a CAGR of 8.50% over the forecast period. The shift from analog to digital technology has given the industrial radiography testing market a new lease of life for NDT applications, broadening the scope of X-ray inspection systems beyond traditional applications. Surge in demand from aerospace and automotive sectors, largely due to conformance to high industry standards and safety regulations and mandating testing, and preventive maintenance is boosting the adoption of industrial radiography testing solutions. Intense competition from ultrasonic systems, high risk of radiation, lack of skilled personnel, especially in digital radiography, and relative high deployment costs are expected to hinder the growth of the study market.

– With the growing demand for high-quality and low-cost products, the industrial radiography testing market is expected to have a wide scope of applications in areas such as petrochemical and gas, manufacturing, automotive and transportation, aerospace, power generation, and others.

– The growth of the industrial radiography testing market is encouraged by the rising demand from the automotive and aerospace industry, because of the stringent safety regulations by various governments and preventive maintenance of industrial equipment.

– North America held the largest share of the market, aided by the presence of the largest aerospace industry in the United States, and a huge automotive base in Mexico, where radiography is being used extensively. Companies are now increasingly focusing on reducing radiation-related risks, and preferring portability solutions, which has prompted companies to revamp their product portfolio.

– Factors such as automation of inspection and testing process, fast industrialization in developing economies, and provision or facility of customized solutions can create huge opportunities for the market in the near future.

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Key Market Trends

Computed Tomography to Drive the Industrial Radiography Testing Market Growth

– The operation of a CT system is similar to DR with respect to the image acquisition process. With the help of the software, the object can be reconstructed to provide a 3D view of the internal and external structural details, with the final output being a 3D volumetric model. CT systems have become a relatively common NDT tool over the past five years; in particular, it is increasingly being recognized as a solution for dimensional measurement.

– Defect/failure analysis, crack detection and measurement, assembly inspection, porosity, and void detection, density discrimination material composition, 3D volume analysis are some of the major applications of CT. CT is being used extensively in the fields of material science, electronics, military, medical, food, archeology, security, aerospace, and automotive.

– Major opportunities are still emerging primarily from industries, such as the automotive segment followed by the aerospace industry. As technology evolves, CT systems are expected to provide manufacturers not only with a means of inspection but also with valuable insight into the production process, which is expected to boost the adoption rate of CT systems.

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