出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年10月
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)、垂直方向 (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
| ページ数 | 214 |
| 図表数 | 247 |
| 種別 | 英文調査報告書 |
| 価格 |
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.
“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.
“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%
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