Global Industrial Radiography Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Industrial Radiography Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global industrial radiography market report has been segmented on the basis of imaging technique, end user industry, and region.

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Global Industrial Radiography Market: Overview

Industrial radiography is used in various industries for checking in welds and metal parts in order to ensure durability and safety of the product. It is non-destructive testing method in which X-rays or gamma-rays are used. Industrial radiography is used for observation, evaluation, and analyzation of test subjects via ionizing electromagnetic radiation. Industrial radiography commonly uses three main equipments namely processing equipment, gamma-ray or x-ray source, and recording medium.

Global Industrial Radiography Market: Dynamics

Industrial radiography testing is able to inspect assembled components and inspect various types of material with different densities. It also detects subsurface and surface defects as well as provides records of the inspection. These are some of the major factors driving growth of the global industrial radiography market. Increasing adoption of radiography testing in aviation and automotive sector is a key factor fueling growth of the global market. Government safety regulations, coupled with growing adoption of advanced technology among various industries are also factors propeling growth of the target market. Furthermore, growing industrial sector in developing countries is a factor expected to augment growth of the global industrial radiography market in the near future.

However, risk of radiation exposure if instrument is mishandled is a factor that may hamper growth of the global industrial radiography market. In addition, high deployment cost of industrial radiotherapy system is a factor that could affect growth of the target market. Nevertheless, increasing use of automation technology for testing and inspection applications can create high revenue opportunities for players in the target market.

Global Industrial Radiography Market: Segment Analysis

Among the imaging technique segments, the digital radiography segment is expected to account for major share in terms of over the forecast period. Digital radiography has high sensitivity for radiographic application and provides accurate imaging with quality consistence. These are some of factors propelling growth of this segmentation the target market.

Global Industrial Radiography Market: Regional Analysis

Currently, market in North America accounts for significant share in terms of revenue and is expected to maintain its dominance in the near future, followed by Europe. Industrial radiography is widely used in well-established industries such as power generation, petrochemical and gas, manufacturing, aviation, etc. is a factor propelling growth of the industrial radiography market in North America.

Market in Asia Pacific is expected to register fastest growth in terms of revenue over the forecast period, followed by Middle East & Africa and Latin America. Increasing adoption of industrial radiography in growing electronics and semiconductor and automotive sector in countries in Asia Pacific is a key factor driving growth of the target market. In addition, lack of skilled labor in developing countries is a challenging factor that could affect growth of the industrial radiography market in this region.

Global Industrial Radiography Market Segmentation:

Segmentation by Imaging Technique:

Digital Radiography
Film-Based Radiography

Segmentation by End User Industry:

Aerospace
Power Generation
Manufacturing
Automotive and Transportation
Petrochemical and Gas