Market Size of Europe Industrial Computed Tomography Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | < 8.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Industrial Computed Tomography Market Analysis
The European Industrial Computed Tomography Market is expected to register a CAGR of less than 8% over the forecast period. The increasing use of CT scanners in end-user industries, such as electronics, automotive, aerospace, and oil & gas, is anticipated to boost the market's growth. Computed tomography (CT) is one of the important foundations of non-destructive testing in industries such as semi-electronics, aerospace, and security inspection.
- The benefits of using Industrial CT Scanning include quality control for failure investigation and preproduction inspection; internal and external part inspection; quick and accurate resulting data, images that are easier to interpret than conventional radiographic data, cut costs; and improved product design.
- For inspecting and testing the internal and external structure and design of various complex parts and components without destructing or disassembling the product, industrial computed tomography (CT) systems are increasingly being used as they can help in determining the design, structure, and dimensions.
- With industrial CT scanning, manufacturers can look inside the products to identify issues pertaining to design and production discrepancies, ensure a lot of consistency, and provides highly accurate and detailed measurements of internal components.
- Apart from aerospace, automotive, and aviation applications, industrial CT can be used to inspect the inside of electronic equipment such as radios, and because of the extreme spatial resolution, some machines are capable of imaging the inside of cables that conduct electricity or optical fibers and computer chips.
- The COVID-19 pandemic has posed a number of difficulties for the market's development. The reduction in demand for industrial CT scanners was brought on by supply chain disruptions as well as a decline in the manufacturing capacity of various companies. However, it is anticipated that the global restrictions will gradually loosen, and the increasing availability of coronavirus vaccines will propel the market upward.
