Report Feature
Industrial Computed Tomography Trends and Forecast
The future of the global industrial computed tomography market looks promising with opportunities in the oil & gas, aerospace and defense, automotive, and electronic markets. The global industrial computed tomography market is expected to reach an estimated $820.0 million by 2030 with a CAGR of 9.3% from 2024 to 2030. The major drivers for this market are growing use of additive manufacturing techniques in the production processes across industries, rapid developments od sensor and digital detector technologies, and increasing inclination of manufacturers toward radiography and additive manufacturing techniques.
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Industrial Computed Tomography by Segment
The study includes a forecast for the global industrial computed tomography by offering, type, application, end use industry, and regionIndustrial Computed Tomography Market by Offering [Shipment Analysis by Value from 2018 to 2030]:
• Equipment
• Services
Industrial Computed Tomography Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• High-voltage CT
• Micro CT
• Others
Industrial Computed Tomography Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Flaw Detection and Inspection
• Failure Analysis
• Assembly Analysis
• Dimensioning and Tolerancing Analysis
• Others
Industrial Computed Tomography Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Oil & Gas
• Aerospace and Defense
• Automotive
• Electronics
• Others
Industrial Computed Tomography Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Industrial Computed Tomography Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies industrial computed tomography companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the industrial computed tomography companies profiled in this report include-• Nikon Metrology
• OMRON Corporation
• Baker Hughes
• YXLON International
• Shimadzu Corporation
• Koninklijke Philips
• SAMSUNG
• General Electric Company
• Bruker
Industrial Computed Tomography Market Insights
Lucintel forecasts that service will witness the highest growth because companies are opting for outsourcing CT services to third-party service provides owing to its low cost. Within this market, automotive will remain the largest segment over the forecast period becasue these systems are used in the automotive industry at various stages of the production process including pre-production inspection, production inspection, parts sorting, and failure investigation processess. North America will remain the fastest growing region over the forecast period due to growing number of investments in the adoption of new and developed technologies by major industry players, rising automotive and electronics industries, as well as existence of prominent market players.Features of the Global Industrial Computed Tomography Market
Market Size Estimates: Industrial computed tomography market size estimation in terms of value ($B). Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions. Segmentation Analysis: Industrial computed tomography market size by various segments, such as by offering, type, application, end use industry, and region in terms of value ($B). Regional Analysis: Industrial computed tomography market breakdown by North America, Europe, Asia Pacific, and Rest of the World. Growth Opportunities: Analysis of growth opportunities in different offerings, types, applications, end use industries, and regions for the industrial computed tomography market. Strategic Analysis: This includes M&A, new product development, and competitive landscape of the industrial computed tomography market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.FAQ
Q.1 What is the industrial computed tomography market size? Answer: The global industrial computed tomography market is expected to reach an estimated $820.0 million by 2030. Q.2 What is the growth forecast for industrial computed tomography market? Answer: The global industrial computed tomography market is expected to grow with a CAGR of 9.3% from 2024 to 2030. Q.3 What are the major drivers influencing the growth of the industrial computed tomography market? Answer: The major drivers for this market are growing use of additive manufacturing techniques in the production processes across industries, rapid developments od sensor and digital detector technologies, and increasing inclination of manufacturers toward radiography and additive manufacturing techniques. Q4. What are the major segments for industrial computed tomography market? Answer: The future of the industrial computed tomography market looks promising with opportunities in the oil & gas, aerospace and defense, automotive, and electronic markets. Q5. Who are the key industrial computed tomography market companies? Answer: Some of the key industrial computed tomography companies are as follows:• Nikon Metrology
• OMRON Corporation
• Baker Hughes
• YXLON International
• Shimadzu Corporation
• Koninklijke Philips
• SAMSUNG
• General Electric Company
• Bruker Q6. Which industrial computed tomography market segment will be the largest in future? Answer: Lucintel forecasts that service will witness the highest growth because companies are opting for outsourcing CT services to third-party service provides owing to its low cost. Q7. In industrial computed tomography market, which region is expected to be the largest in next 5 years? Answer: North America will remain the fastest growing region over the forecast period due to growing number of investments in the adoption of new and developed technologies by major industry players, rising automotive and electronics industries, as well as existence of prominent market players. Q.8 Do we receive customization in this report? Answer: Yes, Lucintel provides 10% customization without any additional cost.
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Industrial Computed Tomography Market
6.1.1 Growth Opportunities for the Global Industrial Computed Tomography Market by Offering
6.1.2 Growth Opportunities for the Global Industrial Computed Tomography Market by Type
6.1.3 Growth Opportunities for the Global Industrial Computed Tomography Market by Application
6.1.4 Growth Opportunities for the Global Industrial Computed Tomography Market by End Use Industry
6.1.5 Growth Opportunities for the Global Industrial Computed Tomography Market Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high-growth opportunities for the industrial computed tomography market by offering (equipment and services), type (high-voltage CT, micro CT, and others), application (flaw detection and inspection, failure analysis, assembly analysis, dimensioning and tolerancing analysis, and others), end use industry (oil & gas, aerospace and defense, automotive, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- • Which segments will grow at a faster pace and why?
- • Which region will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- • What are the business risks and competitive threats in this market?
- • What are the emerging trends in this market and the reasons behind them?
- • What are some of the changing demands of customers in the market?
- • What are the new developments in the market? Which companies are leading these developments?
- • Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- • What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- • What M&A activity has occurred in the last 5 years and what has its impact been on the industry? For any questions related to Industrial Computed Tomography Market, Industrial Computed Tomography Market Size, Industrial Computed Tomography Market Growth, Industrial Computed Tomography Market Analysis, Industrial Computed Tomography Market Report, Industrial Computed Tomography Market Share, Industrial Computed Tomography Market Trends, Industrial Computed Tomography Market Forecast, Industrial Computed Tomography Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
