Industrial Computed Tomography Market - Forecast(2021 - 2026)

 

Industrial Computed Tomography Market Overview

Industrial Computed Tomography Market size was valued at $320 million in 2020 and it is estimated to grow at a CAGR of 6.1% during 2021-2026. Computed Tomography (CT) scan is a diagnosis device used with combinations of many X-ray images taken from different angles. This imaging machine scans the object to produce cross-sectional images of parts inside the object. This is also known as X-ray Computed Tomography (X-ray CT) or Computerized Axial Tomography scan (CAT scan). The growth is mainly attributed to increasing investments in industries for precise measurement equipment for cone beam scanning, 3D scanners and computed tomography (CT) techniques. The high adoption of CT method over industrial radiography techniques and reverse engineering applications will further boost the Industrial Computed Tomography market during the forecast period.


Report Coverage

The report: “Industrial Computed Tomography Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Industrial Computed Tomography Market.
By Type: Micro Focus CT, High Energy CT
By Product Type: Cone Beam, Fan Beam, Pencil Beam
By Application: Flaw Detection, Metrology, Inspection, Failure Analysis, Porosity & Composite Analysis, Part to Part Comparison, Reverse Engineering, Quality Control and others
By End Use Industry: Automotive, Aerospace, Food and Beverage, Electronics and Others 
By Geography - North America (U.S, Canada, Mexico), South America (Brazil, Argentina and others), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Australia and Others), and RoW (Middle east and Africa).


Key Takeaways

  • APAC dominated the Industrial Computed Tomography market in 2020 owing to rapid industrialization and high investments in adoption of industrial computed tomography.
  • Increasing adoption of cone beam scanning method for accurate 3D images with increasing healthcare applications set to drive the industrial computed tomography industry.
  • High adoption of industrial CT for flaw detection, assembly analysis, metrology, failure analysis, and reverse engineering applications have pushing the market.
  • Technique failures such as noise interruption and high cost hampers the growth of the market.

Industrial Computed Tomography Market



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Industrial Computed Tomography Market Segment Analysis – By Type

Cone beam scan held the major market share of 39.3% in 2020. Cone beam scanning is the advanced method and it is highly adopted in major number of industries owing to its converting nature of 2D images to 3D volume rendering of the internal and external geometries of the inspection part. These scanning is highly used in healthcare applications and therefore increases the use of this equipment, thereby driving the market.


Industrial Computed Tomography Market Segment Analysis – By End User

Automotive is the fastest growing segment in Industrial Computed Tomography market and estimated to grow at a CAGR of 6.2% despite the Covid-19 driven automotive slowdown. In automotive industry, CT is used for analyzing the quality and function of specific vehicle parts, especially in the non-destructive analysis of vehicle parts. According to International Organization of Motor Vehicle Manufacturers (OICA), there has been increasing production of passenger cars and commercial vehicles in countries such as Austria, Hungary, Malaysia, Uzbekistan and others. In 2019, BMW group was the first automotive company which used computed tomography method to improve methods of prototype development, production and analysis.

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