APAC Industrial Computed Tomography Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.60 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Industrial Computed Tomography Market Analysis
Industrial Computed Tomography (CT) systems can achieve high accuracy while measuring internal and external dimensions without damaging parts. The Asia-Pacific industrial computer tomography market will be driven by the growing need for early diagnosis, a strong trend toward minimally invasive diagnostic techniques, an increase in targeted diseases across the region, and an increase in the aging population drive the market growth. The market is expected to grow at a CAGR of 8.6% during the forecast period.
- With the introduction of new technologies, laminated modeling based on 3D printing has dramatically developed. As end-users integrated 3D printing into the manufacturing process, the 3D printing process evolved from the prototype stage to the manufacturing stage. As additive manufacturing increases, the need for radiography increases, and CT is the end user's favorite x-ray inspection technology.
- An increasing number of industries, including automotive, have discovered that X-ray CT scanning is an essential tool for ensuring the highest quality in the production of industrial parts, such as mechanical parts, cast metals and composites, and plastic materials. In addition, industrial CT scanners are used in various region manufacturing processes and assembly operations in the region.
- Governments in the region are also focused on innovating new technologies for industrial computed tomography. For instance, in April 2022, the government of Japan plans to conduct research and development to build a large-scale computer tomography (CT) system for industrial products at the International Education and Research Center, scheduled to be fully opened in Fukushima Prefecture in 2024. The proposed method can take large X-ray images of cross-sections of cars and planes to reproduce 3D models without disassembly.
- Most of the technical challenges of industrial CT over the last few years have been software-related. At this point, the most significant setbacks where CT will become mainstream are supply chains and major OEMs that do not have the requirements and standards that enable confidence in technology and results.
- The region has been hit hard by the COVID-19 pandemic, factory closures, supply chain disruptions, and economic slowdowns. These aspects have hindered the growth of regional markets for some time. However, regional market growth post-COVID-19 is likely due to the increased use of industrial CT systems for testing and inspection purposes in various industries such as aerospace, defense, electronics, and automotive.
APAC Industrial Computed Tomography Market Trends
This section covers the major market trends shaping the APAC Industrial Computed Tomography Market according to our research experts:
Automotive to Gain Significant Growth in the Region
- The automotive industry integrates some of the most quality-critical products, from small electronic sensors to fully-compound parts of a vehicle. Most companies have X-ray and CT systems designed with efficiency and reproducibility to ensure that the equipment operates safely and correctly every time. To save time and money, automotive manufacturers choose CT equipment to inspect significant components such as turbines and piston engines in a single pass.
- Every year, millions of cars are manufactured and sold in the region with rising population and urbanization. To maintain this high production rate, the entire supply chain must be efficient, and each subcontractor must provide both quality and quantity on time. Automation is now well implemented worldwide in the automotive industry and is adapting to robotized production lines by using computed tomography as it needs to be fast, accurate, and robust.
- According to a recent study, the rapid development of the high-end equipment industry in high-speed rail, large aircraft, automotive, rockets, and nuclear power in China has increased the demand for high-quality assurance of keys. The main features of these high-end CT scans are large dimensions, high quality, complex structures, and special manufacturing techniques.
- Today, the automotive sector uses many well-known test technologies to verify manufacturing processes, improve assembly, ensure reliability, and measure deviations. They all have limitations, strengths, and weaknesses, and a new and innovative way to complete them is to use XRay CT. It is a non-destructive inspection (NDT) technique that enables industrial measurement professionals, quality managers, or academic researchers to work directly or indirectly. The automotive industry allows them to improve their capabilities.
- Moreover, manufacturers can ensure that the right amount of fuel is delivered at the right time by inspecting the CT scans. Also, industrial CT scans will still drive the market to streamline automotive manufacturing techniques. However, the future of scanners will be bright and bring a paradigm shift to the manufacturing industry in the region.
Rising Demand for Portable Radiography Equipment
- The requirements and benefits of industrial radiography, the availability of critical equipment, a wide range of working conditions, and commonly used techniques involve powerful gamma-ray sources and routine operation and exposure of x-ray equipment used for industrial purposes in the region.
- Today, high-quality x-ray images are no longer a problem for portable industrial x-ray equipment. State-of-the-art high-frequency technology provides high performance in a miniature format with only standard power connections. The lightweight, user-friendly operation and integrated interface for using X-ray equipment in digital systems enable various inspection methods in the NDT industry.
- Further, many companies are focused on developing innovative radiography equipment for various applications. For instance, Vision Medicad Equipments Pvt. Ltd. offers Portable X-ray equipment, including portable X-ray scanners and portable X-ray appliances for welding.
- These portable devices are easy to use and are offered at market-leading prices, and are available in a variety of models that are easy to move around. The company's VisionVIXI portable X-ray security inspection equipment is widely used in government buildings, train stations, courts, and embassies.
- Similarly, Pacific-Tec, Singapore offers a broad spectrum of Portable Radiation Detection Instruments such as Radiation Portal Monitors, Radiation Detectors, Survey Meters or Geiger Counters, Electronic Dosimeters, Pen Dosimeters, Search Instruments, Isotope Identifiers, Radiation Shielding and Protection, Nuclear Medicine Calibrators and accessories, QC test tools or X-ray equipment for Radiology departments or X-Ray Security equipment for border control, embassies, hotel security, and luggage check. Companies offering such equipment in the region will leverage the market in various applications such as aerospace, automotive, oil and gas, and more.
APAC Industrial Computed Tomography Industry Overview
The Asia Pacific computer monitor market is fragmented by the presence of major companies such as Baker Hughes Digital Solutions GmbH, Nikon Corporation, Omron Corporation, and Hitachi Ltd. Key players focus on new product innovation and business growth by collaborating with other market players.
- September 2021 - Shimadzu Corporation has launched its new Xslicer SMX-1010 and Xslicer SMX-1020 microfocus X-ray inspection systems in Japan and other countries. Both X-ray inspection systems are designed for broad market appeal, with a vertical emission X-ray configuration, a 90 kV microfocus X-ray generator, and a high-resolution flat panel detector.
- March 2021 - Nikon Corporation announced the release of a 225kV, microfocus X-ray CT system that is 'XT H 225 ST 2x'. Advanced improvements have been made by the company in its new 'XT H 225 ST 2x'. The product helps both the exterior and interior of a sample to be inspected and measured non-destructively.
APAC Industrial Computed Tomography Market Leaders
Waygate Technologies (Baker Hughes Digital Solutions GmbH)
Omron Corporation
Nikon Corporation
Shimadzu Corporation
Hitachi Ltd.
*Disclaimer: Major Players sorted in no particular order
APAC Industrial Computed Tomography Market News
- May 2022 - Shimadzu Corporation announced the release of the XSeeker 8000 bench-top X-ray CT system. It is considered to be the smallest and lightest X-ray system. It offers clear images of a variety of samples, from resin molded parts to aluminum die cast and other metallic elements.
- November 2021 - Omron Corporation announced the development of a new VT-X750-V3 system, and the company claims it to be the fastest Ct-type X-ray inspection device. OMRON contributes to the safety of society by conducting 100% X-ray inspection of electronic board assemblies at high speed without being restricted by PCB design and maintaining and improving productivity while ensuring the quality of customers' products.
APAC Industrial Computed Tomography Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definitions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Stakeholder Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Impact of COVID-19 on the market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rising Demand for Portable Radiography Equipment
5.1.2 Technology Advancements in Resolution and Image Processing
5.2 Market Challenges
5.2.1 High Maintenance Cost of Industrial CT Systems
6. MARKET SEGMENTATION
6.1 By Application
6.1.1 Flaw Detection and Inspection
6.1.2 Failure Analysis
6.1.3 Assembly Analysis
6.1.4 Other Applications
6.2 By End-User Industry
6.2.1 Aerospace
6.2.2 Automotive
6.2.3 Electronics
6.2.4 Oil and Gas
6.2.5 Other End-User Industries
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Waygate Technologies (Baker Hughes Digital Solutions GmbH)
7.1.2 Nikon Corporation
7.1.3 Omron Corporation
7.1.4 Zeiss International
7.1.5 Hitachi Ltd.
7.1.6 Bruker Corporation
7.1.7 Thermo Fischer Scientific Inc.
7.1.8 Shimadzu Corporation
7.1.9 Comet Group Limited
7.1.10 Shimadzu Corporation
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
APAC Industrial Computed Tomography Industry Segmentation
Industrial CT scans use high-power X-rays to penetrate the internal shape of an object, creating the perfect inspection tool for high-value parts where destructive inspection is economically exorbitant. The market studied covers end-use industries such as aerospace, automotive, electronics, oil, and gas. The market study also briefs about the COVID-19 impact on the market and key trends and innovations developed by the key players in the region.
| By Application | |
| Flaw Detection and Inspection | |
| Failure Analysis | |
| Assembly Analysis | |
| Other Applications |
| By End-User Industry | |
| Aerospace | |
| Automotive | |
| Electronics | |
| Oil and Gas | |
| Other End-User Industries |
APAC Industrial Computed Tomography Market Research FAQs
What is the current Asia Pacific Industrial Computed Tomography Market size?
The Asia Pacific Industrial Computed Tomography Market is projected to register a CAGR of 8.60% during the forecast period (2024-2029)
Who are the key players in Asia Pacific Industrial Computed Tomography Market?
Waygate Technologies (Baker Hughes Digital Solutions GmbH), Omron Corporation, Nikon Corporation, Shimadzu Corporation and Hitachi Ltd. are the major companies operating in the Asia Pacific Industrial Computed Tomography Market.
What years does this Asia Pacific Industrial Computed Tomography Market cover?
The report covers the Asia Pacific Industrial Computed Tomography Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia Pacific Industrial Computed Tomography Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia Pacific Industrial Computed Tomography Industry Report
Statistics for the 2024 Asia Pacific Industrial Computed Tomography market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Industrial Computed Tomography analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
