North America Industrial Computed Tomography Market By Application (Flaw Detection & Inspection, Failure Analysis, Assembly Analysis, Dimensioning & Tolerancing Analysis and Others), By Offering (Equipment and Services), By Vertical (Automotive, Electronics, Aerospace & Defense, Oil & Gas and Others), By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The North America Industrial Computed Tomography Market would witness market growth of 5.4% CAGR during the forecast period (2021-2027).
The growth of the industrial computed tomography market would be propelled by the surge in the utilization of additive manufacturing methods in the manufacturing processes across various industries like automotive, defense, electronics, aerospace, and among others. In addition, various technological developments in sensor and digital detector technology have created the platform for the massive adoption of industrial computed tomography (CT) scanners in the market. Additive manufacturing is also called as 3D printing, including the manufacturing of complicated designs and structures that are extremely costly and hard to create with the help of conventional manufacturing approaches. These structures are created by depositing material layer upon layer, hence developing a single-piece structure.
There is a massive interest in implementing CT scanning technology into food production units for foreign body detection. The main catalysts for the growth of the North American industrial computed tomography market include the massive demand among the retailers regarding better quality inspection techniques that cannot be offered by metal detection technology and a need for better product quality, creating new customer bases, or maintaining product margins with current customers by providing high-quality products.
The growth of the regional Aerospace and Defense (A&D) industry, industrial X-ray and computed tomography (CT) systems for non-destructive testing can fulfil the majority of the standards of the aerospace and defense industry. Moreover, these systems help in the secure and reliable inspection of aircraft's parts & materials, hence providing optimum help to the operator at the inspection point. Moreover, the existence of the leading players in the region is expected to create new growth opportunities for the regional market. These factors are expected to open new growth avenues for the regional industrial computed tomography market during the forecast period.
The US market dominated the North America Industrial Computed Tomography Flaw Detection & Inspection Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $66.7 million by 2027. The Canada market is experiencing a CAGR of 6.6% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 5.7% during (2021 - 2027).
Based on Application, the market is segmented into Flaw Detection & Inspection, Failure Analysis, Assembly Analysis, Dimensioning & Tolerancing Analysis and Others. Based on Offering, the market is segmented into Equipment and Services. Based on Vertical, the market is segmented into Automotive, Electronics, Aerospace & Defense, Oil & Gas and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Omron Corporation, Carl Zeiss AG, Shimadzu Corporation, Baker Hughes Company, Comet Holding AG (YXLON International), VJ Group, Inc., Werth, Inc. (Werth Messtechnik GmbH), Rigaku Corporation, Illinois Tools Works, Inc. (North Star Imaging, Inc.), and Nikon Corporation (Nikon Metrology NV)
Scope of the Study
Market Segments Covered in the Report:
- Flaw Detection & Inspection
- Failure Analysis
- Assembly Analysis
- Dimensioning & Tolerancing Analysis
- Aerospace & Defense
- Oil & Gas
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Omron Corporation
- Carl Zeiss AG
- Shimadzu Corporation
- Baker Hughes Company
- Comet Holding AG (YXLON International)
- VJ Group, Inc.
- Werth, Inc. (Werth Messtechnik GmbH)
- Rigaku Corporation
- Illinois Tools Works, Inc. (North Star Imaging, Inc.)
- Nikon Corporation (Nikon Metrology NV)
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