Asia-Pacific Industrial Radiography Market Size, Share, and Analysis by 2028
Asia-Pacific Industrial Radiography Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technique (Film-Based Radiography and Digital Radiography) and End-User Industry (Manufacturing, Aerospace, Automotive and Transportation, Power Generation, Petrochemical and Gas, and Others)
- Status : Published
- Report Code : TIPRE00025201
- Category : Life Sciences
- No. of Pages : 85
- Available Report Formats :
- Last update date : October 13, 2021
2021 Market Size
US$ 123.83 Mn
Base year value
2028 Forecast
US$ 236.05 Mn
Projected by 2028
CAGR 2022-2028
9.7 %
Growth rate
Addressable Market
US$ 1,276.93 Mn
(2022-2028)
The industrial radiography market in APAC is expected to grow from US$ 123.83 million in 2021 to US$ 236.05 million by 2028; it is estimated to grow at a CAGR of 9.7% from 2021 to 2028.
China, India, and Japan are major economies in APAC. Integration of AI and ML is the major factor driving the growth of the APAC industrial radiography market. The advent of artificial intelligence is transforming the industrial radiography market. Developments in artificial intelligence (AI) and machine learning (ML) are rapidly transforming deviation inspection utilizing industrial radiography techniques. As a result, market players are highly inclined toward developing AI and ML-enabled systems for deviation inspection. For instance, in 2019, Det Norske Veritas group developed NDT.ai, an image detection and classification solution, for detecting weld imperfections such as cracks, slag, and porosity. The solution can identify the deviation on welding by using deep learning networks. Also, VisiConsult X-ray Systems & Techniques GmbH is currently developing an AI platform for nondestructive X-ray inspection. Thus, the use of AI and ML for inspection is projected to drive the adoption of industrial radiography in the future, which is further anticipated to drive the market in APAC.Asia-Pacific constitutes the world’s two most populated countries India and China that are also manufacturing hubs. China virtually imposed strict lockdown and social isolation due to the COVID-19 outbreak, which almost halted the manufacturing and production for several weeks. Moreover, the country suspended the import and export of critical raw materials and components in early 2020. India also imposed a nationwide lockdown to keep a check on the growing COVID-19 cases across the country. As a result, lockdown, and disruption of industrial activities across China and India restricted the supply chain of various raw material and goods. However, these countries had to permit the manufacturing of a few essential goods. Additionally, the industries have begun to recover from the impact of the pandemic. Due to significant breakthroughs and technological innovations in manufacturing industries, the industrial radiography market in APAC is quickly expanding. Because of the region's developing manufacturing sector, industrial radiography systems are widely used. The industrial radiography market in this region is being driven by the adoption of automation in production and increasing infrastructural growth in countries such as India and China. As several countries in APAC are active in the construction of defense aircraft, the aerospace & defense sector also contribute to the growth of the industrial radiography market. The COVID-19 pandemic has a negative impact on the industrial radiography market in major APAC countries .
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
APAC Industrial Radiography Market Segmentation
APAC Industrial Radiography Market – By Technique
- Film-based Radiography
- Digital Radiography
APAC Industrial Radiography Market – By End-User Industry
- Manufacturing
- Aerospace
- Automotive and Transportation
- Power Generation
- Petrochemical and Gas
- Others
APAC Industrial Radiography Market– By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Industrial Radiography Market-Companies Mentioned
- Anritsu
- Comet Group
- Fujifilm Corporation
- GENERAL ELECTRIC
- METTLER TOLEDO
- Nikon Corporation
- SHIMADZU CORPORATION
- ZEISS International
Asia-Pacific Industrial Radiography Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 123.83 Million |
| Market Size by 2028 | US$ 236.05 Million |
| CAGR (2021 - 2028) | 9.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Technique
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
Recent Reports
Testimonials
The Insight Partners provided valuable market intelligence that supported our global go-to-market strategy. Their team was professional, responsive, and attentive to our feedback, providing thoughtful analysis and helpful methodological clarifications throughout the project.
Junmo Kim Chief Financial Officer (CFO), Enertech Co., Ltd.
The Insight Partners' SCADA System Market report is comprehensive, with valuable insights on current trends and future forecasts. The team was highly professional, responsive, and supportive throughout. We are very satisfied and highly recommend their services.
RAN KEDEM Partner, Reali Technologies LTDs
I requested a report on a very specific software market and the team produced the report in a few days. The information was very relevant and well presented. I then requested some changes and additions to the report. The team was again very responsive and I got the final report in less than a week.
JEAN-HERVE JENN Chairman, Future Analytica
We worked with The Insight Partners for an important market study and forecast. They gave us clear insights into opportunities and risks, which helped shape our plans. Their research was easy to use and based on solid data. It helped us make smart, confident decisions. We highly recommend them.
PIYUSH NAGPAL Sr. Vice President, High Beam Global
The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services
YUKIHIKO ADACHI CEO, Deep Blue, LLC.
This is the first time I have purchased a market report from The Insight Partners.While I was unsure at first, I visited their web site and felt more comfortable to take the risk and purchase a market report.I am completely satisfied with the quality of the report and customer service. I had several questions and comments with the initial report, but after a couple of dialogs over email with their analyst I believe I have a report that I can use as input to our strategic planning process.Thank you so much for taking the extra time and making this a positive experience.I will definitely recommend your service to others and you will be my first call when we need further market data.
JOHN SUZUKI President and Chief Executive Officer, Board Director, BK Technologies
I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.
DR CHIJIOKE ONYIA MANAGING DIRECTOR, PineCrest Healthcare Ltd.Reason to Buy
- Informed Decision-Making
- Understanding Market Dynamics
- Competitive Analysis
- Identifying Emerging Markets
- Customer Insights
- Market Forecasts
- Risk Mitigation
- Boosting Operational Efficiency
- Strategic Planning
- Investment Justification
- Tracking Industry Innovations
- Aligning with Regulatory Trends
Get Free Sample for