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, according to a new report by Grand View Research, Inc. 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.
Related Press
Release@ Industrial Computed Tomography Market Report
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
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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