X-Ray Inspection System Market Size & Share, Forecast 2017-2025: Development Trends and Future Growth

"X-Ray Inspection System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025 " is the latest addition to MarketResearchReports.Biz industry research reports collection.

The main objective of this report is to define, describe, and forecast the global “X-Ray Inspection System” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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X-ray inspection systems are used to detect defects in materials by non-destructive methods. The primary goals of x-ray inspection systems are anomaly such as rubber, glass shards, metal, high density plastics, stone, or even bone fragments detection and overall working process optimization. X-ray inspection systems are primarily used in applications such as shape analysis, missing items, package integrity, and contaminant detection. In an x-ray inspection, image of an object that needs to be inspected, is produced using x-rays and processed through an image processing software to detect specific anomalies. X-rays used to produce an image are of very high energy; therefore, are able to penetrate solid bodies. While passing through the product, x-rays are attenuated to a lower or higher density as per density of the inspected object. The detector in x-ray inspection systems then converts the attenuated x-rays into an electrical signal. Higher the density of an object, darker the x-ray image. Image processing software detects and highlights the contaminants by observing the contrast differences in the images produced by x-rays.

Growing consumer awareness regarding the quality and standards of food products, and stringent government regulations around the globe are expected to boost the global x-ray inspection systems market. Rise in security concerns and growth of microelectronics in developing countries are some factors supporting the expansion of the market. Players from bakery products, canning industry, meat and sausage products, confectionery and cereals industry, baby food and industry are some of the significant adopters of x-ray inspections machines. Some of the contaminants detected by x-ray machines in the food industry includes stones, ceramics, glass, salt lumps, raw bones, and PVC. Strict government regulations pertaining to quality and safety of food products are encouraging players from these industries to adopt x-ray inspection systems. Furthermore, utilization of x-ray inspection systems on electronic assembly lines in manufacturing plants is also rising. 2D, 2.5D or 3D x-ray technology is being used in assembly lines to reduce production cycle time and inspection depths. Nonetheless, threat of exposure to radiation from x-rayed products is making considerable consumers to switch to substitute brand that hasn't been x-rayed. Therefore, some manufacturers still hesitate to implement the technology for product inspection, which is likely to restrain the market. However, automatic digital x-ray inspection systems reduce human interference during the inspection process. This is expected to boost the market during the forecast period.

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The global x-ray inspection system market is segmented based on dimension, industry vertical, and region. In terms of dimension, the x-ray inspection system market is divided into 2D, 2.5D and 3D. Based on industry vertical, the market is subdivided into food & beverages, oil & gas, automotive, manufacturing, government, health care, and others. Need to pass regulatory standards of testing by various types of electronics components and durable or nondurable consumer goods is expected to drive the growth of market from manufacturing industry. In terms of geography, the x-ray inspection system market can be segmented into North America, Europe, Middle East & Africa, Asia Pacific, and South America. Substantial growth of consumer electronics in Asia Pacific, especially in emerging economies such as China, Japan, and India is anticipated to drive the x-ray inspection system market in the region during the forecast period.

The global x-ray inspection system market has a large number of players; however, due to technical advancements, the market is expected to witness new entrants from developing regions. Key players operating in the market are North Star Imaging Inc., Nikon Metrology Inc., Nordson Corporation, YXLON International, VJ Group, Inc., 3DX-RAY, Visiconsult GmbH, Smiths Detection, Inc., METTLER TOLEDO, and General Electric Co.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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