Technavio’s Industrial Computed Tomography (CT) Equipment Market Research Report Highlights the Key Findings in the Area of Vendor Landscape, Key Market Segments, Regions, and Latest Trends and Drivers

New YorkAnd January 20 2022 /PRNewswire/ – The latest market research report, “Industrial Computed Tomography Equipment Market by End User, Application, Geography – Forecasting and Analysis 2021-2025” by Technavio states that the technological benefits of using Industrial CT is driving the industry computed tomography equipment market growth. Market growth momentum is likely to accelerate at a compound annual growth rate of 3.63%.

Attractive Opportunities in Industrial Computed Tomography Equipment Market by End User, Application, and Geography - Forecast and Analysis 2021-2025

Attractive Opportunities in Industrial Computed Tomography Equipment Market by End User, Application, and Geography – Forecast and Analysis 2021-2025

Resulting in the growth of the market 51.50 million US dollars From 2020 to 2025, Read additional information aaround the market, Get a free sample report.

landscape seller
The market structure is expected to remain fragmented during the forecast period. Vendors deploy various organic and inorganic growth strategies to compete in the market.

Baker Hughes Company, Bruker Corp. , Carl Zeiss AG, General Electric Co. , Illinois Tool Works Inc. , Nikon Corp. , OMRON Corp. , ProCon X-Ray GmbH, Shimadzu Corp. Among others, YXLON International GmbH is a few major vendors vying to maintain their market position.

Several market players are engaging in strategic partnerships and joint ventures along with launching differentiated products to raise their game in the Industrial Computed Tomography (CT) Equipment industry. For example, In November 2020Baker Hughes has signed a contract to acquire Compact Carbon Capture (3C). in a December 2020The company announced the formation of a joint venture with Aramco. The product is launched in December 2020The company’s subsidiary Waygate Technologies has launched the world’s fastest high-powered CT scanner for large industrial components.

Show more About the sellers scene in the marketplace with a comprehensive list of sellers and their offers.

Market Segmentation Key

Request a free sample Check out this report for more highlights of the market segments.

Regional Market Outlook
APAC will contribute 40% of the market growth during the forecast period. The growth of this region can be attributed to significant investments in the automotive value chain, especially in manufacturing and research and development facilities.

The area is home to many auto factories. This is due to the availability of low-cost labor in Asia-Pacific countries such as ChinaAnd IndiaAnd VietnamAnd South Korea, And Malaysia, unlike countries in other regions such as United State, the United kingdom, And Germany. Moreover, the need for new oil and gas projects in the Asia Pacific region is driven by the need for energy security. in countries like ChinaAnd IndiaAnd Pakistan, And AustraliaSignificant investments are being made in the oil and gas business, particularly in natural gas projects.

Regardless of the regions, if we look at the growth of the market nationwide, the United States, ChinaAnd GermanyAnd France, And Japan It will contribute to achieving the highest growth in the market.

Download our free sample report For more key points about the regional market share of most of the above countries.

The latest trends, driving the industrial computed tomography equipment market

Technological advantages of using industrial computed tomography equipment is a key element driving the growth of industrial computed tomography equipment market. 3D CT reconstruction models can be easily compared to CAD models and other CT models to see how the measurements, density and voids differ or can be compared.

Modern industrial computed tomography devices have made many advances. As a result, it becomes a more realistic option for inspection purposes. These advantages contribute to the increased use of industrial CT equipment in the aviation industry, where complex parts must operate with maximum accuracy and reliability at high temperatures.

End users are increasingly turning to portable radiographic equipment, particularly in industries such as oil and gas, where assets are spread across multiple locations. The use of industrial CT equipment allows inspection activities to be carried out in a variety of places and situations. Similarly, portable CT equipment can be used to inspect pipes at various places along the pipeline.

The deployment of portable radiographic equipment could also benefit the automotive and aerospace industries. Small and portable equipment should be used to test precision components. As a result, the use of small, portable radiographic equipment will help reduce testing costs by allowing products to be tested at the vendor’s site, and avoid the need for expensive installation expenses.

Find additional information on various market drivers and other trends mentioned on our site Free sample report.

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Industrial Computed Tomography Equipment Market Scope

Report coverage

details

page number

120

base year

2020

prediction period

2021-2025

Growth Momentum and CAGR

Accelerating at a compound annual growth rate of 3.63%

Market Growth 2021-2025

$51.50 million

Market Structure, Market Structure

fragmented

Annual Growth (%)

3.11

Regional Analysis

Asia Pacific, Europe, North America, South America, Middle East and Africa

Market share performance

Asia Pacific by 40%

Main consuming countries

The United States, China, Germany, France and Japan

Competitive scene

Leading companies, competitive strategies, scope of consumer participation

An overview of the main companies

Baker Hughes, Bruker Corp, Carl Zeiss AG, and General Electric Co. and Illinois Tool Works Inc. and Nikon Corp. and OMRON Corp. and ProCon X Ray GmbH and Shimadzu Corp. and YXLON International GmbH

market dynamics

Key market analysis, market growth triggers and obstacles, analysis of fast-growing and slow-growing segments, analysis of COVID-19 impact, recovery and future consumer dynamics, market status analysis for forecast period

field of personalization

If our report doesn’t include the data you’re looking for, you can access our analysts and customize the segments.

about us
Technavio is a global leader in technology research and consulting. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to improve their market positions. With over 500 dedicated analysts, Technavio’s reporting library consists of more than 17,000 reports and statistics, covering 800 technologies, spanning across 50 countries. Their client base consists of organizations of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in current and potential markets and to assess their competitive positions within changing market scenarios. .

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