Market Report: Analysis of the Industrial Digital X-ray Inspection Systems Market

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Frost & Sullivan has released a new report on the state of the industrial digital
x-ray inspection market.

Digital X-ray systems are common in the medical field, but this is still a nascent
market for NDT applications. X-ray technology trends in medicine are usually a
precursor to what can be expected to happen in the X-ray inspection market for
industrial applications. Furthermore, it should be understood that the needs
and requirements for a digital X-ray inspection system for NDT applications
vary significantly from the systems in hospitals. Analysis of the total market is
provided, including revenue and pricing forecasts and drivers and restraints.
Segment and regional breakdowns are also given.

Executive Summary

•The global industrial digital X-ray inspection systems market is in the growth
stage and generated revenue of $xxx.x million in 2011, at a growth rate of x.x
percent.

•The highest-contributing product segment for this market is computed
tomography (CT) and it contributed xx.x percent to the global revenue in the
base year. However, the fastest-growing segment in this market is direct
radiography (DR), which is expected to grow at xx.x percent compound annual
growth rate (CAGR) from 2011-2016.

•The most significant customer need in the current economic environment is
cost-saving. Any solution that can save the customer money is in high demand.
Digital x-ray inspection systems have a number of features that contribute to
enhanced cost savings versus traditional film radiography solutions. Hence, this
is one of the key drivers for this market.

•The top participants in this market are GE Measurement and Control Solutions,
YXLON International GmbH (a wholly-owned subsidiary of the COMET Group),
Nikon Metrology, and Carestream NDT.

•The largest end user for digital X-ray inspection systems is the automotive and
transportation segment and it is expected to remain as such throughout the
forecast period because this segment is accepting toward newer technologies.