X線検査装置市場 : 2028年までの世界予測

X-ray Inspection System Market – Global Forecast to 2028

X線検査装置市場 : テクノロジー (フィルムベースイメージング、デジタルイメージング、コンピューター断層撮影、コンピューターラジオグラフィー、ダイレクトラジオグラフィー)、ディメンション (2D、3D)、業種 (政府インフラ、自動車)、地域別 – 2028年までの世界予測
X-ray Inspection System Market by Technology (Film Based Imaging, Digital Imaging, Computed Tomography, Computed Radiography, Direct Radiography), Dimension (2D, 3D), Vertical (Government Infrastructure, Automotive) & Region-Global Forecast to 2028
出版社MarketsandMarkets
出版年月2023年10月
ページ数214
図表数247
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書
次版の出版予定はお問合せください

Report Overview

The global X-ray inspection system market was valued at USD 0.8 billion in 2023 and is estimated to reach USD 1.1 billion by 2028, registering a CAGR of 6.2% during the forecast period. Increasing focus on safety and quality in food industry, increasing densification of circuit board mounting, rapid urbanization and technological advancements fuels the market. Moreover, rising level of automation is fueling the demand for X-ray inspection system market. These trends is leading to the growth of the X-ray inspection system market.

X線検査装置市場 : 2028年までの世界予測

“Digital imaging is expected to grow at the highest CAGR during the forecast period.”
The digital imaging segment is growing at the highest CAGR in the X-ray inspection system market. The segment’s growth is attributed to the effortless incorporation of digital imaging-based X-ray inspection systems into current production lines, reduced film and chemicals costs, heightened operational efficiency, and enhanced defect detection capabilities. These combined factors establish them as the favored option for industries in search of top-tier, efficient solutions for non-destructive testing and inspection, ultimately eliminating the need for expensive recalls or rework.

“3D segment is projected to grow fastest in X-ray inspection system market.”
The 3D segment is growing at the highest CAGR in the X-ray inspection system market due to the escalating demand for precise inspections. Stringent regulations within various industries, including aerospace, food and beverage, and pharmaceuticals, are contributing to this growth. The emergence of advanced materials, such as composites and 3D-printed components, necessitates 3D inspection for the accurate assessment of their internal structures. This development aligns with the broader trend toward the adoption of lighter, stronger, and more complex materials.

X線検査装置市場 : 2028年までの世界予測 - ecosystem

“US is projected to dominate in North America region for X-ray inspection system market”
US is having the largest market share in the X-ray inspection system market due to several factors. The nation boasts a robust representation of prominent manufacturers in the field of X-ray inspection systems, including Mettler Toledo, Nordson Corporation, and North Star Imaging Inc. The United States exhibits a wide-ranging industrial landscape, spanning sectors like aerospace, automotive, electronics, healthcare, and food processing, all of which depend significantly on X-ray inspection systems for maintaining quality standards and regulatory compliance. These factors collectively serve as pivotal drivers for the expansion of the X-ray inspection system market within the country.

In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the X-ray inspection system marketplace.

• By Company Type: Tier 1 – 25%, Tier 2 – 30%, and Tier 3 – 45%
• By Designation: C-level Executives – 25%, Directors – 35%, and Others – 40%
• By Region: North America– 20%, Europe – 30%, Asia Pacific– 40% and RoW- 10%

X線検査装置市場 : 2028年までの世界予測 - region

Mettler Toledo (US), Nordson Corporation (US), Comet Group (Switzerland), Anritsu (Japan), Viscom AG (Germany), North Star Imaging Inc. (US), Nikon Corporation (Japan), Ishida Co. Ltd. (Japan), Omron Corporation (Japan), and Toshiba IT & Control Systems Corporation (Japan), are some of the key players in the X-ray inspection system market market.

The study includes an in-depth competitive analysis of these key players in the X-ray inspection system market, with their company profiles, recent developments, and key market strategies.

Research Coverage

This research report categorizes the X-ray inspection system market by technology (Digital Imaging, Film Based Imaging), by dimension (2D, 3D), by vertical (Manufacturing, Oil & Gas, Aerospace, Government Infrastructure, Automotive, Power Generation, Food & Beverage, Others), and by region (North America, Europe, Asia Pacific, and RoW). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the X-ray inspection system market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the X-ray inspection system market. Competitive analysis of upcoming startups in the X-ray inspection system market ecosystem is covered in this report.

Reasons to buy this report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall X-ray inspection system market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
• Analysis of key drivers (Tighter manufacturing tolerances, increased densification of circuit board mounting, increasing awareness among the consumers, and increasing focus on safety and quality in food industry), restraints (high costs associated with X-ray inspection systems, and concerns for radiation exposure), opportunities (Rising level of automation in the field of manufacturing, and rising focus on safety and quality of products in emerging economies), and challenges (complexity in integration of X-ray inspection system with existing production line, and availability of substituent alternative inspection technologies) influencing the growth of the X-ray inspection system market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the X-ray inspection system market
• Market Development: Comprehensive information about lucrative markets – the report analyses the X-ray inspection system market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the X-ray inspection system market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Mettler Toledo (US), Nordson Corporation (US), Comet Group (Switzerland), Anritsu (Japan), Viscom AG (Germany), North Star Imaging Inc. (US), Nikon Corporation (Japan), Ishida Co. Ltd. (Japan), Omron Corporation (Japan), Toshiba IT & Control Systems Corporation (Japan) among others in the X-ray inspection system market.

Table of Contents

1 INTRODUCTION 21

1.1 STUDY OBJECTIVES 21

1.2 MARKET DEFINITION 21

1.2.1 INCLUSIONS AND EXCLUSIONS 22

1.3 STUDY SCOPE 22

1.3.1 MARKETS COVERED 22

FIGURE 1 X-RAY INSPECTION SYSTEM MARKET: SEGMENTATION 22

1.3.2 REGIONAL SCOPE 23

1.3.3 YEARS CONSIDERED 23

1.4 IMPACT OF RECESSION 24

1.5 CURRENCY CONSIDERED 24

1.6 STAKEHOLDERS 24

1.7 LIMITATIONS 24

1.8 SUMMARY OF CHANGES 25

2 RESEARCH METHODOLOGY 26

2.1 RESEARCH APPROACH 26

FIGURE 2 X-RAY INSPECTION SYSTEM MARKET: RESEARCH DESIGN 26

2.1.1 SECONDARY DATA 27

2.1.1.1 List of major secondary sources 27

2.1.1.2 Key data from secondary sources 27

2.1.2 PRIMARY DATA 28

2.1.2.1 Key data from primary sources 28

2.1.2.2 Key industry insights 29

2.1.2.3 Breakdown of primaries 29

FIGURE 3 BREAKDOWN OF PRIMARIES 29

2.2 FACTOR ANALYSIS 30

FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (SUPPLY SIDE)—REVENUE GENERATED BY COMPANIES FROM SALES OF X-RAY INSPECTION SYSTEMS 30

2.3 MARKET SIZE ESTIMATION 31

2.3.1 BOTTOM-UP APPROACH 31

2.3.1.1 Approach to derive market size using bottom-up analysis 31

FIGURE 5 X-RAY INSPECTION SYSTEM MARKET: BOTTOM-UP APPROACH 32

2.3.2 TOP-DOWN APPROACH 32

2.3.2.1 Approach to derive market size using top-down analysis (supply side) 32

FIGURE 6 X-RAY INSPECTION SYSTEM MARKET: TOP-DOWN APPROACH 33

2.4 DATA TRIANGULATION 33

FIGURE 7 DATA TRIANGULATION 33

2.5 RESEARCH ASSUMPTIONS 34

2.6 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON X-RAY INSPECTION SYSTEM MARKET 35

TABLE 1 ASSUMPTIONS: RECESSION 35

3 EXECUTIVE SUMMARY 36

FIGURE 8 DIGITAL IMAGING TO DISPLAY HIGHER CAGR DURING FORECAST PERIOD 36

FIGURE 9 2D DIMENSION SEGMENT TO DOMINATE MARKET IN 2028 37

FIGURE 10 MANUFACTURING SEGMENT TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028 37

FIGURE 11 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 38

4 PREMIUM INSIGHTS 39

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN X-RAY INSPECTION SYSTEM MARKET 39

FIGURE 12 STRINGENT MANUFACTURING STANDARDS TO FUEL DEMAND FOR X-RAY INSPECTION SYSTEMS DURING FORECAST PERIOD 39

4.2 X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY 39

FIGURE 13 DIGITAL IMAGING CAPTURED LARGEST MARKET SHARE IN 2022 39

4.3 X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION 40

FIGURE 14 2D SEGMENT TO SECURE LARGER MARKET SHARE DURING FORECAST PERIOD 40

4.4 X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL AND REGION 40

FIGURE 15 OIL & GAS SEGMENT AND NORTH AMERICA TO DOMINATE MARKET IN 2028 40

4.5 X-RAY INSPECTION SYSTEM MARKET, BY REGION 41

FIGURE 16 INDIA TO REGISTER HIGHEST CAGR FROM 2023 TO 2028 41

5 MARKET OVERVIEW 42

5.1 INTRODUCTION 42

5.2 MARKET DYNAMICS 42

FIGURE 17 X-RAY INSPECTION SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 42

5.2.1 DRIVERS 43

5.2.1.1 Rising need for inspection services due to evolving regulations and quality standards 43

5.2.1.2 Surging requirement for precise and high-quality automotive components to ensure safety 43

5.2.1.3 Rising preference of consumers for defect-free products 44

5.2.1.4 Increasing focus of food industry on safety and quality 44

FIGURE 18 X-RAY INSPECTION SYSTEM MARKET: IMPACT ANALYSIS OF DRIVERS 45

5.2.2 RESTRAINTS 45

5.2.2.1 High costs of deployment and maintenance 45

5.2.2.2 Risk of exposure to ionizing radiation 45

FIGURE 19 X-RAY INSPECTION SYSTEM MARKET: IMPACT ANALYSIS OF RESTRAINTS 46

5.2.3 OPPORTUNITIES 46

5.2.3.1 Integration of robotics into X-ray inspection equipment 46

5.2.3.2 Rapid industrialization in emerging economies 46

FIGURE 20 X-RAY INSPECTION SYSTEM MARKET: IMPACT ANALYSIS OF OPPORTUNITIES 47

5.2.4 CHALLENGES 47

5.2.4.1 Integration of X-ray inspection systems with existing production lines 47

5.2.4.2 Availability of alternative inspection technologies 47

FIGURE 21 X-RAY INSPECTION SYSTEM MARKET: IMPACT ANALYSIS OF CHALLENGES 48

5.3 VALUE CHAIN ANALYSIS 48

FIGURE 22 X-RAY INSPECTION SYSTEM MARKET: VALUE CHAIN ANALYSIS 48

5.4 ECOSYSTEM MAPPING 49

FIGURE 23 X-RAY INSPECTION SYSTEM MARKET: ECOSYSTEM MAPPING 49

TABLE 2 COMPANIES AND THEIR ROLES IN X-RAY INSPECTION SYSTEM ECOSYSTEM 50

5.5 PRICING ANALYSIS 51

5.5.1 AVERAGE PRICING ANALYSIS (ASP) TREND OF X-RAY INSPECTION SYSTEMS 51

FIGURE 24 AVERAGE SELLING PRICE (ASP) OF X-RAY INSPECTION SYSTEMS OFFERED BY TOP THREE KEY PLAYERS 51

TABLE 3 AVERAGE SELLING PRICE (ASP) OF X-RAY INSPECTION SYSTEMS OFFERED BY TOP THREE KEY PLAYERS 51

5.5.2 AVERAGE SELLING PRICE (ASP) TREND OF X-RAY INSPECTION SYSTEM, BY REGION 52

TABLE 4 AVERAGE SELLING PRICE (ASP) TREND OF X-RAY INSPECTION SYSTEMS, BY REGION 52

5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 52

FIGURE 25 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 53

5.7 TECHNOLOGY ANALYSIS 53

5.7.1 COMPUTED TOMOGRAPHY (CT) SCANNING 53

5.7.2 3D IMAGING 53

5.7.3 ARTIFICIAL INTELLIGENCE (AI) AND MACHINE LEARNING (ML) 53

5.7.4 COMPUTER VISION 54

5.8 PORTER’S FIVE FORCES ANALYSIS 54

FIGURE 26 X-RAY INSPECTION SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS 54

TABLE 5 X-RAY INSPECTION SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS 55

5.8.1 INTENSITY OF COMPETITIVE RIVALRY 55

5.8.2 BARGAINING POWER OF SUPPLIERS 55

5.8.3 BARGAINING POWER OF BUYERS 55

5.8.4 THREAT OF SUBSTITUTES 55

5.8.5 THREAT OF NEW ENTRANTS 56

5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 56

5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 56

FIGURE 27 KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE VERTICALS 56

TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS 56

5.9.2 BUYING CRITERIA 57

FIGURE 28 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 57

TABLE 7 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 57

5.10 CASE STUDY ANALYSIS 58

TABLE 8 KRI-KRI S.A. INSTALLS METTLER TOLEDO’S X-RAY INSPECTION SYSTEM TO MAINTAIN PRODUCT SAFETY 58

TABLE 9 METTLER TOLEDO INSTALLS FIVE SAFELINE X-RAY INSPECTION SYSTEMS FOR ANDESEN AND SONS 58

TABLE 10 J&J SNACK FOODS INSTALLS X-RAY INSPECTION SYSTEMS OFFERED BY METTLER-TOLEDO SAFELINE 58

TABLE 11 LOMA INCORPORATES EIGHT X5 SPACE SAVER X-RAY UNITS INTO KEPAK’S PRODUCTION LINES TO MEET QUALITY STANDARDS FOR CONTAMINANT DETECTION 59

TABLE 12 FAMOUS BRANDS CHEESE COMPANY LTD. COLLABORATES WITH ISHIDA TO UPGRADE ITS INSPECTION SYSTEMS 59

5.11 TRADE ANALYSIS 59

5.11.1 IMPORT SCENARIO 60

FIGURE 29 IMPORT DATA FOR X-RAY INSPECTION SYSTEMS, BY COUNTRY, 2018–2022 (USD MILLION) 60

5.11.2 EXPORT SCENARIO 60

FIGURE 30 EXPORT DATA FOR X-RAY INSPECTION SYSTEMS, BY COUNTRY, 2018–2022 (USD MILLION) 60

5.12 PATENT ANALYSIS 61

FIGURE 31 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS 61

TABLE 13 TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS 61

FIGURE 32 NUMBER OF PATENTS GRANTED PER YEAR, 2013–2023 62

TABLE 14 X-RAY INSPECTION SYSTEM MARKET: LIST OF PATENTS, 2021–2023 62

5.13 KEY CONFERENCES AND EVENTS, 2023–2025 64

TABLE 15 X-RAY INSPECTION SYSTEM MARKET: LIST OF CONFERENCES AND EVENTS 64

5.13.1 TARIFF ANALYSIS 64

TABLE 16 MFN TARIFF FOR HS CODE 902219-COMPLIANT PRODUCTS EXPORTED BY JAPAN 64

TABLE 17 MFN TARIFF FOR HS CODE 902219-COMPLIANT PRODUCTS EXPORTED BY CHINA 65

5.14 REGULATORY LANDSCAPE AND STANDARDS 65

5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS 65

TABLE 18 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 65

TABLE 19 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 66

TABLE 20 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 66

TABLE 21 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 67

5.14.2 STANDARDS 67

6 X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY 68

6.1 INTRODUCTION 69

FIGURE 33 X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY 69

FIGURE 34 DIGITAL IMAGING SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD 69

TABLE 22 X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION) 70

TABLE 23 X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION) 70

TABLE 24 X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION) 70

TABLE 25 X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION) 70

6.2 FILM-BASED IMAGING 71

6.2.1 COST EFFICIENCY AND SUSTAINABILITY FEATURES TO FUEL DEMAND 71

TABLE 26 FILM-BASED IMAGING: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 71

TABLE 27 FILM-BASED IMAGING: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 72

6.3 DIGITAL IMAGING 72

TABLE 28 DIGITAL IMAGING: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 73

TABLE 29 DIGITAL IMAGING: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 73

6.3.1 COMPUTED TOMOGRAPHY 73

6.3.1.1 Increasing complexity of manufacturing and quality control processes to fuel segmental growth 73

TABLE 30 COMPUTED TOMOGRAPHY: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 74

TABLE 31 COMPUTED TOMOGRAPHY: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 74

6.3.2 COMPUTED RADIOGRAPHY 75

6.3.2.1 Rising focus on reducing operating costs to foster segmental growth 75

TABLE 32 COMPUTED RADIOGRAPHY: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 75

TABLE 33 COMPUTED RADIOGRAPHY: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 76

6.3.3 DIRECT RADIOGRAPHY 76

6.3.3.1 Capacity to swiftly identify defects and enhance safety to boost adoption of technology 76

TABLE 34 DIRECT RADIOGRAPHY: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 77

TABLE 35 DIRECT RADIOGRAPHY: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 77

7 X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION 78

7.1 INTRODUCTION 79

FIGURE 35 X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION 79

FIGURE 36 3D SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD 79

TABLE 36 X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION) 80

TABLE 37 X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION) 80

7.2 2D 80

7.2.1 SIMPLIFIED INTEGRATION AND COST-EFFECTIVENESS TO BOOST SEGMENTAL GROWTH 80

TABLE 38 2D: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 81

TABLE 39 2D: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 81

7.3 3D 81

7.3.1 COMPLEX AND STRINGENT QUALITY CONTROL REQUIREMENTS TO FUEL MARKET GROWTH 81

TABLE 40 3D: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 82

TABLE 41 3D: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 82

8 X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL 83

8.1 INTRODUCTION 84

FIGURE 37 X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL 84

FIGURE 38 MANUFACTURING SEGMENT TO DISPLAY HIGHEST CAGR DURING FORECAST PERIOD 84

TABLE 42 X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 85

TABLE 43 X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 85

8.2 MANUFACTURING 86

8.2.1 ADVENT OF INDUSTRY 4.0 IN MANUFACTURING PROCESSES TO BOOST DEMAND 86

FIGURE 39 ASIA PACIFIC TO DOMINATE X-RAY INSPECTION SYSTEM MARKET FOR MANUFACTURING DURING FORECAST PERIOD 86

TABLE 44 MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION) 86

TABLE 45 MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION) 87

TABLE 46 MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION) 87

TABLE 47 MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION) 87

TABLE 48 MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION) 87

TABLE 49 MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION) 88

TABLE 50 MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION) 88

TABLE 51 MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION) 88

8.3 OIL & GAS 89

8.3.1 PRESSING NEED TO COMPLY WITH INDUSTRY STANDARDS TO DRIVE MARKET 89

FIGURE 40 ASIA PACIFIC TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 89

TABLE 52 OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION) 89

TABLE 53 OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION) 90

TABLE 54 OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION) 90

TABLE 55 OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION) 90

TABLE 56 OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION) 90

TABLE 57 OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION) 91

TABLE 58 OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION) 91

TABLE 59 OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION) 91

8.4 AEROSPACE 91

8.4.1 HIGH FOCUS ON SAFETY AND PRECISION TO DRIVE DEMAND 91

TABLE 60 AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION) 92

TABLE 61 AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION) 92

TABLE 62 AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION) 92

TABLE 63 AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION) 93

TABLE 64 AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION) 93

TABLE 65 AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION) 93

TABLE 66 AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION) 93

TABLE 67 AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION) 94

8.5 GOVERNMENT INFRASTRUCTURE 94

8.5.1 EXPANSION AND MODERNIZATION OF AIRPORTS TO FUEL DEMAND 94

TABLE 68 GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION) 94

TABLE 69 GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION) 95

TABLE 70 GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION) 95

TABLE 71 GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION) 95

TABLE 72 GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION) 95

TABLE 73 GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION) 96

TABLE 74 GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION) 96

TABLE 75 GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION) 96

8.6 AUTOMOTIVE 97

8.6.1 ABILITY TO DETECT CAST AND WELDED COMPONENTS WITHIN AUTOMOTIVE CHASSIS SYSTEMS TO BOOST DEMAND 97

TABLE 76 AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION) 97

TABLE 77 AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION) 97

TABLE 78 AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION) 98

TABLE 79 AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION) 98

TABLE 80 AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION) 98

TABLE 81 AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION) 98

TABLE 82 AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION) 99

TABLE 83 AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION) 99

8.7 POWER GENERATION 99

8.7.1 GLOBAL SURGE IN ENERGY CONSUMPTION TO FOSTER SEGMENTAL GROWTH 99

TABLE 84 POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION) 100

TABLE 85 POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION) 100

TABLE 86 POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION) 100

TABLE 87 POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION) 100

TABLE 88 POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION) 101

TABLE 89 POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION) 101

TABLE 90 POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION) 101

TABLE 91 POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION) 102

8.8 FOOD & PHARMACEUTICALS 102

8.8.1 NEED TO DETECT CONTAMINANTS IN FOOD ITEMS AND PHARMACEUTICALS TO DRIVE MARKET 102

TABLE 92 FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION) 102

TABLE 93 FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION) 103

TABLE 94 FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION) 103

TABLE 95 FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION) 103

TABLE 96 FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION) 103

TABLE 97 FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION) 104

TABLE 98 FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION) 104

TABLE 99 FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION) 104

8.9 OTHERS 105

TABLE 100 OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION) 105

TABLE 101 OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION) 105

TABLE 102 OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION) 105

TABLE 103 OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION) 106

TABLE 104 OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION) 106

TABLE 105 OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION) 106

TABLE 106 OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION) 106

TABLE 107 OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION) 107

9 X-RAY INSPECTION SYSTEM MARKET, BY REGION 108

9.1 INTRODUCTION 109

FIGURE 41 X-RAY INSPECTION SYSTEM MARKET, BY REGION 109

FIGURE 42 ASIA PACIFIC TO DISPLAY HIGHEST CAGR DURING FORECAST PERIOD 109

TABLE 108 X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION) 110

TABLE 109 X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION) 110

9.2 NORTH AMERICA 111

FIGURE 43 NORTH AMERICA: X-RAY INSPECTION SYSTEM MARKET SNAPSHOT 111

9.2.1 NORTH AMERICA: IMPACT OF RECESSION 112

TABLE 110 NORTH AMERICA: X-RAY INSPECTION SYSTEM MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 112

TABLE 111 NORTH AMERICA: X-RAY INSPECTION SYSTEM MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 112

TABLE 112 NORTH AMERICA: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 113

TABLE 113 NORTH AMERICA: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 113

9.2.2 US 114

9.2.2.1 Presence of established manufacturers to fuel market growth 114

9.2.3 CANADA 114

9.2.3.1 Commitment to sustainability to fuel market growth 114

9.2.4 MEXICO 114

9.2.4.1 Increasing need for efficient manufacturing processes to drive market growth 114

9.3 EUROPE 115

FIGURE 44 EUROPE: X-RAY INSPECTION SYSTEM MARKET SNAPSHOT 115

9.3.1 EUROPE: IMPACT OF RECESSION 116

TABLE 114 EUROPE: X-RAY INSPECTION SYSTEM MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 116

TABLE 115 EUROPE: X-RAY INSPECTION SYSTEM MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 116

TABLE 116 EUROPE: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 117

TABLE 117 EUROPE: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 117

9.3.2 UK 117

9.3.2.1 Increasing public–private investments in technology sector to boost demand 117

9.3.3 GERMANY 118

9.3.3.1 Thriving automotive sector to offer lucrative opportunities to players 118

9.3.4 FRANCE 118

9.3.4.1 Developing EV market to boost demand 118

9.3.5 ITALY 118

9.3.5.1 Rising focus on food safety and quality control to drive market 118

9.3.6 REST OF EUROPE 119

9.4 ASIA PACIFIC 119

FIGURE 45 ASIA PACIFIC: X-RAY INSPECTION SYSTEM MARKET SNAPSHOT 119

9.4.1 ASIA PACIFIC: IMPACT OF RECESSION 120

TABLE 118 ASIA PACIFIC: X-RAY INSPECTION SYSTEM MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 120

TABLE 119 ASIA PACIFIC: X-RAY INSPECTION SYSTEM MARKET BY COUNTRY, 2023–2028 (USD MILLION) 120

TABLE 120 ASIA PACIFIC: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 121

TABLE 121 ASIA PACIFIC: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 121

9.4.2 JAPAN 122

9.4.2.1 Rising adoption of electric and hybrid vehicle to drive market 122

9.4.3 CHINA 122

9.4.3.1 Growing demand for comprehensive system solutions in industrial applications to drive market 122

9.4.4 INDIA 123

9.4.4.1 Rapid collaborations between government organizations and manufacturers to boost demand 123

9.4.5 REST OF ASIA PACIFIC 123

9.5 ROW 123

9.5.1 ROW: IMPACT OF RECESSION 123

TABLE 122 ROW: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION) 124

TABLE 123 ROW: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION) 124

TABLE 124 ROW: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 124

TABLE 125 ROW: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 125

9.5.2 MIDDLE EAST & AFRICA 125

9.5.2.1 Increasing investments in infrastructural development to boost demand 125

9.5.3 SOUTH AMERICA 125

9.5.3.1 Stringent government regulations to drive market 125

10 COMPETITIVE LANDSCAPE 126

10.1 OVERVIEW 126

10.2 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS 126

TABLE 126 X-RAY INSPECTION SYSTEM MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS 126

10.3 REVENUE ANALYSIS, 2018–2022 127

FIGURE 46 REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2018–2022 127

10.4 MARKET SHARE ANALYSIS, 2022 127

TABLE 127 X-RAY INSPECTION SYSTEM MARKET SHARE ANALYSIS, 2022 128

FIGURE 47 X-RAY INSPECTION SYSTEM MARKET SHARE ANALYSIS, 2022 128

10.5 COMPANY EVALUATION MATRIX, 2022 130

10.5.1 STARS 130

10.5.2 EMERGING LEADERS 130

10.5.3 PERVASIVE PLAYERS 130

10.5.4 PARTICIPANTS 130

FIGURE 48 X-RAY INSPECTION SYSTEM MARKET: COMPANY EVALUATION MATRIX, 2022 131

10.5.5 COMPANY FOOTPRINT 132

TABLE 128 COMPANY FOOTPRINT 132

TABLE 129 TECHNOLOGY: COMPANY FOOTPRINT 133

TABLE 130 VERTICAL: COMPANY FOOTPRINT 134

TABLE 131 REGION: COMPANY FOOTPRINT 135

10.6 START-UPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022 136

10.6.1 PROGRESSIVE COMPANIES 136

10.6.2 RESPONSIVE COMPANIES 136

10.6.3 DYNAMIC COMPANIES 136

10.6.4 STARTING BLOCKS 136

FIGURE 49 X-RAY INSPECTION SYSTEM MARKET: START-UPS/SMES EVALUATION MATRIX, 2022 137

10.6.5 COMPETITIVE BENCHMARKING 138

TABLE 132 X-RAY INSPECTION SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 138

TABLE 133 X-RAY INSPECTION SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES, BY TECHNOLOGY 138

TABLE 134 X-RAY INSPECTION SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES, BY VERTICAL 139

TABLE 135 X-RAY INSPECTION SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES, BY REGION 139

10.7 COMPETITIVE SCENARIOS AND TRENDS 140

10.7.1 PRODUCT LAUNCHES 140

TABLE 136 X-RAY INSPECTION SYSTEM MARKET: PRODUCT LAUNCHES, 2020−2023 140

10.7.2 DEALS 143

TABLE 137 X-RAY INSPECTION SYSTEM MARKET: DEALS, 2020–2023 143

10.7.3 OTHERS 143

TABLE 138 X-RAY INSPECTION SYSTEM MARKET: OTHERS, 2021–2023 143

11 COMPANY PROFILES 144

(Business overview, Products/Solutions/Services offered, Recent developments & MnM View)*

11.1 KEY PLAYERS 144

11.1.1 METTLER TOLEDO 144

TABLE 139 METTLER TOLEDO: COMPANY OVERVIEW 144

FIGURE 50 METTLER TOLEDO: COMPANY SNAPSHOT 145

TABLE 140 METTLER TOLEDO: PRODUCTS/SOLUTIONS/OFFERED 146

TABLE 141 METTLER TOLEDO: PRODUCT LAUNCHES 148

11.1.2 NORDSON CORPORATION 150

TABLE 142 NORDSON CORPORATION: COMPANY OVERVIEW 150

FIGURE 51 NORDSON CORPORATION: COMPANY SNAPSHOT 151

TABLE 143 NORDSON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 152

TABLE 144 NORDSON CORPORATION: DEALS 153

11.1.3 COMET GROUP 155

TABLE 145 COMET GROUP: COMPANY OVERVIEW 155

FIGURE 52 COMET GROUP: COMPANY SNAPSHOT 156

TABLE 146 COMET GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 156

TABLE 147 COMET GROUP: PRODUCT LAUNCHES 158

11.1.4 ANRITSU 159

TABLE 148 ANRITSU: COMPANY OVERVIEW 159

FIGURE 53 ANRITSU: COMPANY SNAPSHOT 160

TABLE 149 ANRITSU: PRODUCTS/SOLUTIONS/SERVICES OFFERED 160

11.1.5 VISCOM AG 163

TABLE 150 VISCOM AG: COMPANY OVERVIEW 163

FIGURE 54 VISCOM AG: COMPANY SNAPSHOT 164

TABLE 151 VISCOM AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 164

TABLE 152 VISCOM AG: PRODUCT LAUNCHES 165

11.1.6 NORTH STAR IMAGING INC. 167

TABLE 153 NORTH STAR IMAGING INC.: COMPANY OVERVIEW 167

TABLE 154 NORTH STAR IMAGING INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 167

TABLE 155 NORTH STAR IMAGING INC.: PRODUCT LAUNCHES 168

TABLE 156 NORTH STAR IMAGING INC.: OTHERS 168

11.1.7 NIKON CORPORATION 169

TABLE 157 NIKON CORPORATION: COMPANY OVERVIEW 169

FIGURE 55 NIKON CORPORATION: COMPANY SNAPSHOT 170

TABLE 158 NIKON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 171

TABLE 159 NIKON CORPORATION: PRODUCT LAUNCHES 172

TABLE 160 NIKON CORPORATION: DEALS 172

11.1.8 ISHIDA CO., LTD. 173

TABLE 161 ISHIDA CO., LTD.: COMPANY OVERVIEW 173

TABLE 162 ISHIDA CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 173

11.1.9 OMRON CORPORATION 175

TABLE 163 OMRON CORPORATION: COMPANY OVERVIEW 175

FIGURE 56 OMRON CORPORATION: COMPANY SNAPSHOT 176

TABLE 164 OMRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 177

TABLE 165 OMRON CORPORATION: PRODUCT LAUNCHES 177

11.1.10 TOSHIBA IT & CONTROL SYSTEMS CORPORATION 178

TABLE 166 TOSHIBA IT & CONTROL SYSTEMS CORPORATION: COMPANY OVERVIEW 178

TABLE 167 TOSHIBA IT & CONTROL SYSTEMS CORPORATION: PRODUCTS/ SOLUTIONS/SERVICES OFFERED 178

11.1.11 GENERAL ELECTRIC 180

TABLE 168 GENERAL ELECTRIC: COMPANY OVERVIEW 180

FIGURE 57 GENERAL ELECTRIC: COMPANY SNAPSHOT 181

TABLE 169 GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 181

11.1.12 SMITHS GROUP PLC 182

TABLE 170 SMITHS GROUP PLC: COMPANY OVERVIEW 182

FIGURE 58 SMITHS GROUP PLC: COMPANY SNAPSHOT 183

TABLE 171 SMITHS GROUP PLC: PRODUCTS/SOLUTIONS/OFFERED 184

TABLE 172 SMITHS GROUP PLC: PRODUCT LAUNCHES 184

TABLE 173 SMITHS GROUP PLC: DEALS 185

*Details on Business overview, Products/Solutions/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.

11.2 OTHER KEY PLAYERS 186

11.2.1 VJTECHNOLOGIES 186

11.2.2 3DX-RAY 187

11.2.3 VISICONSULT GMBH 188

11.2.4 CREATIVE ELECTRON 189

11.2.5 GLENBROOK TECHNOLOGIES 189

11.2.6 SCIENSCOPE 190

11.2.7 CASSEL MESSTECHNIK GMBH 190

11.2.8 SESOTEC GMBH 191

11.2.9 WELLMAN X-RAY SOLUTION CO., LTD 192

11.2.10 MARS TOHKEN SOLUTION CO. LTD 193

11.2.11 RAD SOURCE TECHNOLOGIES 193

11.2.12 MANNCORP INC. 194

11.2.13 MINEBEA INTEC GMBH 194

11.2.14 TECHIK INSTRUMENT (SHANGHAI) CO., LTD. 195

11.2.15 MESUTRONIC GMBH 195

12 ADJACENT MARKET 196

12.1 INTRODUCTION 196

12.2 SURFACE MOUNT TECHNOLOGY MARKET, BY END USER INDUSTRY 196

TABLE 174 SURFACE MOUNT TECHNOLOGY MARKET, BY END USER INDUSTRY, 2019–2022 (USD MILLION) 196

TABLE 175 SURFACE MOUNT TECHNOLOGY MARKET, BY END USER INDUSTRY, 2023–2028 (USD MILLION) 197

12.3 CONSUMER ELECTRONICS 197

12.3.1 GROWING DEMAND FOR MINIATURIZATION OF CONSUMER ELECTRONICS TO BOOST DEMAND 197

TABLE 176 CONSUMER ELECTRONICS: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION) 198

TABLE 177 CONSUMER ELECTRONICS: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION) 198

12.4 TELECOMMUNICATIONS 199

12.4.1 EMERGENCE OF WIRELESS COMMUNICATION TECHNOLOGIES TO FOSTER SEGMENTAL GROWTH 199

TABLE 178 TELECOMMUNICATIONS: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION) 199

TABLE 179 TELECOMMUNICATIONS: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION) 200

12.5 AEROSPACE & DEFENSE 200

12.5.1 RISING DEMAND FOR HIGH-QUALITY ELECTRONIC COMPONENTS 200

TABLE 180 AEROSPACE & DEFENSE: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION) 200

TABLE 181 AEROSPACE & DEFENSE: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION) 201

12.6 AUTOMOTIVE 201

12.6.1 EXPANDING ELECTRIC VEHICLE (EV) MARKET TO BOOST DEMAND 201

TABLE 182 AUTOMOTIVE: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION) 202

TABLE 183 AUTOMOTIVE: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION) 202

12.7 MEDICAL 202

12.7.1 RISING DIGITIZATION IN MEDICAL INDUSTRY TO DRIVE MARKET 202

TABLE 184 MEDICAL: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION) 203

TABLE 185 MEDICAL: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION) 203

12.8 INDUSTRIAL 204

12.8.1 INCREASING ADOPTION OF AUTOMATION TECHNOLOGIES TO STRENGTHEN MARKET GROWTH 204

TABLE 186 INDUSTRIAL: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION) 204

TABLE 187 INDUSTRIAL: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION) 205

12.9 ENERGY AND POWER SYSTEMS 205

12.9.1 RISING ELECTRICITY CONSUMPTION TO BOOST DEMAND 205

TABLE 188 ENERGY & POWER SYSTEMS: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION) 206

TABLE 189 ENERGY & POWER SYSTEMS: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION) 206

13 APPENDIX 207

13.1 DISCUSSION GUIDE 207

13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 210

13.3 CUSTOMIZATION OPTIONS 212

13.4 RELATED REPORTS 212

13.5 AUTHOR DETAILS 213