Press release
Need for Quality Control in the Manufacturing Industry to Propel Global X-Ray Tube Market
As per Inkwood Research, the Global X-Ray Tube Market is estimated to register a CAGR of 3.81% in terms of revenue over the forecast period of 2022-2030."Browse 37 market Data Tables and 40 Figures spread over 190 Pages, along with an in-depth TOC on the Global X-Ray Tube Market Forecast 2022-2030."
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X-ray tubes are characterized as vacuum tubes that convert electrical input power into X-rays. The field of radiography, entailing the use of penetrating radiation for the imaging of partially opaque objects, was formed due to the availability of such controllable X-ray sources.
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Demand for Quality Control in Manufacturing Industry Augments Market Growth
X-ray testing helps manufacturers monitor as well as control their production facilities by minimizing scrappage and waste. Moreover, it also offers the advantage of maintaining customer confidence while substantially reducing the corporate risk of faulty products reaching the marketplace. Over recent years, these production concerns have been integrated with complex medical devices in order to fuel the use of X-ray screening to perform more detailed checks.
For instance, inhalers are becoming more intricate in terms of their design, transitioning to sophisticated measured dose delivery systems that incorporate microelectromechanical systems (MEMS) components from simpler push-button release valves. Hence, the rising need for quality control in the manufacturing industry is set to fuel the global market's growth.
Manufacturing: Dominating End-User by 2030
The ability of X-ray radiation to penetrate engineering materials enables inspection systems to measure and image hidden features. Aligning with this, the automotive production industry uses X-ray technology as a part of the increasing need for Six Sigma quality assurance as well as product traceability. This factor limits liability and also improves product quality. As a result, owing to the need for the inspection of automotive parts through computed tomography (CT), rotating anode X-ray tubes are widely used in the automobile as well as the automobile parts manufacturing industry.
North America Dominated the Global Market in 2021
The increasing demand for X-ray tubes, primarily in the region's healthcare sector, is expected to promote market growth, as these equipment are utilized for diagnostic procedures to help detect diseases at early stages. Furthermore, the rising demand, as well as the adoption of X-ray tubes by the manufacturing sector in North America, is set to supplement the region's market growth, as well. In this regard, during the inspection process, X-ray tubes help identify items with defects or faulty structures, thus enhancing the overall quality control process.
The presence of key players governs the competition within the global market. While top companies thrive by virtue of an international presence and well-established distribution channels, emerging firms possess a technical edge over product differentiation. Hence, the competition is considered moderately high in the global X-ray tube market.
Some of the main players operating in the global X-ray tube market are Dunlee (Philips Company Group), Malvern Panalytical Ltd, Lafco India Scientific Industries, etc.
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Related Reports:
GLOBAL X-RAY DETECTOR MARKET
GLOBAL CONTRACT ENHANCED ULTRASOUND MARKET
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