Global Industrial Computed Tomography Market (2021 to 2028) - Size, Share & Trends Analysis Report - ResearchAndMarkets.com

The "Industrial Computed Tomography Market Size, Share & Trends Analysis Report by Offering (Equipment, Services), by Vertical (Oil & Gas, Electronics), by Application, by Region, and Segment Forecasts, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.

The global industrial computed tomography market size is expected to reach USD 765.8 million by 2028, registering a CAGR of 7.5% from 2021 to 2028. The increasing use of CT scanners in industries, such as automotive, electronics, oil & gas, and aerospace among several others, is anticipated to boost the market growth over the forecast period. Moreover, a rise in the demand for advanced electronics is expected to support market growth.

Industrial computed tomography systems are increasingly being used for inspecting and testing the internal and external structure & design of various complex parts and components without destructing/disassembling the product. Additive manufacturing technology is increasingly being used for the production of multiple complex parts and structures. Therefore, to inspect the product's conformity with the original CAD designs, industrial CT scanners are used to determine the structure, dimensions, design, and tolerance of these products without altering their structure/form.

The benefits offered by industrial CT scanners, including manufacturing cost reduction, improved product design, and performance, as well as reduced product failure instances, are also expected to boost their adoption amongst the manufacturers. Moreover, these scanners provide high-quality inspection images that ease the inspection process and provide detailed information about the product under examination. Furthermore, assembly analysis is increasingly being done using the industrial computed tomography systems in the automotive industry that does not require the assembled systems to be disassembled for inspection. These benefits are expected to drive market growth over the forecast period.

Companies Mentioned

• Nikon Metrology NV
• OMRON Corporation
• Baker Hughes Company
• YXLON International
• ZEISS Group
• Shimadzu Corporation
• VJ Group
• Werth, Inc.
• North Star Imaging Inc
• Rigaku Corporation

Industrial Computed Tomography Market Report Highlights

• The market is majorly driven by the growing need to improve the overall product quality and reduce product recall instances
• The service segment is anticipated to register the fastest CAGR from 2021 to 2028 due to the high cost of CT scanner equipment
• The flaw detection & inspection segment held the largest share in 2020 and is also anticipated to register the fastest CAGR from 2021 to 2028
• The electronics vertical segment is expected to record the fastest CAGR of over 8.5% during the forecast period
• This growth is credited to the growing demand for various electronic devices, such as smartphones, tablets, and laptops
• North America was the largest regional market in 2020 due to the high manufacturing activities in the region across various industries, such as automotive, electronics, and oil & gas

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Market Variable, Trends & Scope

3.1. Market Lineage Outlook

3.1.1. Parent Market Outlook

3.1.2. Related/ Ancillary Market Outlook

3.2. Industrial Computed Tomography Market Dynamics

3.2.1. Market Driver Analysis

3.2.2. Market Restraint/Challenge Analysis

3.2.3. Market Opportunity Analysis

3.3. Penetration & Growth Prospect Mapping

3.4. Industrial Computed Tomography Market Industry Analysis - Value Chain

3.5. Industrial Computed Tomography Market Industry Analysis - Porter's

3.5.1. Supplier Power

3.5.2. Buyer Power

3.5.3. Substitution Threat

3.5.4. Threat of New Entrants

3.5.5. Competitive Rivalry

3.6. Industrial Computed Tomography Market Industry Analysis - PEST

3.6.1. Political & Legal Landscape

3.6.2. Environmental Landscape

3.6.3. Social Landscape

3.6.4. Offering Landscape

Chapter 4. Industrial Computed Tomography Market: Offering Outlook

4.1. Industrial Computed Tomography Market: Offering Analysis

4.1.1. Equipment

4.1.1.1. Line Beam Scanners

4.1.1.2. Cone Beam Scanners

4.1.2. Services

Chapter 5. Industrial Computed Tomography Market: Application Outlook

5.1. Industrial Computed Tomography Market: Application Analysis

5.1.1. Flaw Detection and Inspection

5.1.2. Failure Analysis

5.1.3. Assembly Analysis

5.1.4. Dimensioning and Tolerancing Analysis

5.1.5. Others

Chapter 6. Industrial Computed Tomography Market: Vertical Outlook

6.1. Industrial Computed Tomography Market: Vertical Analysis

6.1.1. Oil & Gas

6.1.2. Aerospace and Defense

6.1.3. Automotive

6.1.4. Electronics

6.1.5. Others

Chapter 7. Industrial Computed Tomography Market: Regional Outlook

7.1. Industrial Computed Tomography Market Share By Region, 2020 & 2028

7.2. North America

7.2.1. U.S.

7.2.2. Canada

7.3. Europe

7.3.1. U.K.

7.3.2. Germany

7.3.3. France

7.4. Asia Pacific

7.4.1. China

7.4.2. India

7.4.3. Japan

7.4.4. South Korea

7.5. Latin America

7.5.1. Brazil

7.5.2. Mexico

7.6. Middle East & Africa

Chapter 8. Competitive Analysis

8.1. Recent Developments & Impact Analysis, by Key Market Participants

8.2. Company/ Competition Categorization (Key Innovators, Market Leaders, Emerging Players)

8.3. Vendor Landscape

8.3.1. Key Company Analysis, 2020

8.4. Company Analysis

8.4.1. Company Market Position Analysis

8.4.2. Competitive Dashboard Analysis

Chapter 9. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/r/774az9

View source version on businesswire.com: https://www.businesswire.com/news/home/20210730005242/en/