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Industrial Radiography Market Forecast, Opportunities and Challenges

The industrial radiography market is estimated to grow from USD 532 million in 2020 to USD 784 million by 2025; growing at a CAGR of 8.1%. The market growth is propelled by stringent regulations by various governments regarding industrial safety and product quality, increasing demand for NDT services in automotive and aerospace industries, advancements in software that are integrated into radiography systems, and the preventive maintenance of industrial equipment.

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Industrial Radiography Market Forecast, Opportunities and Challenges

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  1. MarketsandMarkets Presents Industrial Radiography Market by Imaging Technique (Film-based Radiography, Digital Radiography), End User (Petrochemicals & Gas, Power Generation, Manufacturing, Aerospace, and Automotive & Transportation), and Geography - Global Forecast to 2025 The industrial radiography market is estimated to grow from USD 532 million in 2020 to USD 784 million by 2025; growing at a CAGR of 8.1%

  2. MarketsandMarkets Presents Major factors fueling the market growth are advancements in software that are integrated into radiography systems, stringent regulations by various governments regarding industrial safety and product quality, increasing demand for NDT services in automotive and aerospace industries, and the preventive maintenance of industrial equipment.

  3. MarketsandMarkets Presents Digital radiography to lead industrial radiography market in 2025 Digital radiography is the latest development in industrial X-ray imaging. A digital image-capturing device is used in digital radiography instead of X-ray films. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=249604981 Further, digital radiography has made radiography systems easy-to-use, safe, and fast, thus driving its adoption for industrial applications than that of traditional film-based radiography.

  4. MarketsandMarkets Presents Market for petrochemicals & gas end user to grow at higher CAGR during forecast period The rising adoption of industrial radiography equipment for inspecting the welds of pipelines and pressure vessels in the petrochemical & gas industry is expected to drive the growth of the industrial radiography market during the forecast period. Further, workplace safety is of utmost importance in this industry hence, radiographic techniques are used to keep constant checks on the equipment, which further encourages the adoption of Industrial radiography equipment. .

  5. MarketsandMarkets Presents Market in APAC to grow at highest CAGR during forecast period The industrial radiography market in APAC is growing rapidly due to several advancements and technological innovations in different manufacturing industries. The adoption of industrial radiography solutions is high in APAC due to the growing manufacturing sector in the region.

  6. MarketsandMarkets Presents Major players in the industrial radiography market are 3DX-Ray LTD (U.K.), Anritsu Corporation (Japan), Bosello HT (Italy), PerkinElmer, Inc. (U.S.), General Electric (U.S.), and FujiFilm Holdings Corporation. .

  7. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

  8. MarketsandMarkets Presents MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact:Mr. AashishMehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA : 1-888-600-6441

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