The Industrial Radiography Market was estimated around USD 590 million in 2021 and is expected to reach USD 1,092 million in 2029, growing at a CAGR of 8.0% over the forecast period (2022-2029).

The factors driving the growth of Industrial Radiography Market includes Government regulations regarding product quality, increasing application of radiography across end-use industries such as petrochemical and gas, manufacturing and automotive and improvements in the living standards. Industrial radiography utilizes ionizing radiation to identify deviation in the component and materials X-rays and gamma-rays, allows manufacturers to conduct quality checks of materials and components, requires minimal surface preparation and helps in detecting surface and subsurface defects, are some of the features pushing the market growth. Moreover, technological integration of advanced software in radiography systems, rise in the launch of innovative products, automation in inspection and testing process and rapid urbanization, are some of the additional factors supplementing the Industrial Radiography Market size. In addition, the increasing investments by major players on research and development, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.

However, growth of the Industrial Radiography Market is hindered due to high deployment cost of radiography systems.

The leading players operating in the market are American Testing Services Ltd, Ashtead Technology Ltd, Applied Technical Services, Inc, General Electric Company, FUJIFILM Holdings Corporation, Comet Group, Nordson Corporation, TUV Rheinland Group, Mistras Group, Inc., and North Star Imaging Inc., among others.

Based on Imaging Technique, the Digital Radiography segment is predicted to grow at a robust CAGR during the forecast period

Digital radiography enhances the processing time, improves the image quality, and requires less resources, are some of the features propelling growth of the segment.

Based on End-Use, the Aerospace & Defense segment is projected to expand at a significant CAGR over the forecast period

Computed radiography minimizes chemical waste, provides real-time images, and allows effective inspection of aerospace components, are some of the factors pushing growth of the segment.

Based on Region, the North American region is anticipated to capture the largest market share during the forecast period

Presence of the leading payers such as American Testing Services, North Star Imaging Inc. and Mistras Group, Inc., rising application of radiography across industry verticals, growing population growth rates and high per capita income, are some of the important factors augmenting the market growth in North American region.

Market Segmentation

Segmentation by Imaging Technique

  • Film-based Radiography
  • Digital Radiography
    • Computed Tomography
    • Computed Radiography
    • Direct Radiography

Segmentation by Radiation

  • X-Rays
  • Gamma Rays

Segmentation by End-Use

  • Petrochemicals & Gas
  • Manufacturing
  • Aerospace & Defence
  • Automotive & Transportation
  • Power Generation
  • Others

Segmentation by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

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