Europe Industrial Radiography Market Overview and Growth by 2028

The industrial radiography market in Europe is expected to grow from US$ 172.46 million in 2021 to US$ 307.88 million by 2028; it is estimated to grow at a CAGR of 8.6% from 2021 to 2028.

The UK, Germany, and Russia are major economies in Europe. Rising importance of quality control is the major factor driving the growth of the Europe industrial radiography market. Manufacturers are highly investing in quality control operations and equipment owing to the increasing competition across industrial sectors. Industrial radiography, which is a non-destructive testing method, is one of the major technologies that manufacturers are adopting significantly. Industrial radiography is a technique that uses ionizing radiation for identifying deviation in the component and materials X-rays and gamma-rays in this method. A few examples of defects are cracks, cavities, gaps, delamination, pores, shrinkage holes, slag inclusions, and looseness. The industrial radiography technique can be performed on types of materials with various densities. Also, the technique requires minimal surface preparation and can be performed on the surface and subsurface of objects to identity defects. Thus, it allows manufacturers to conduct quality checks of materials and components with the need to completely dissemble them and save a significant amount of time and human effort. Moreover, the industrial radiography system is adopted by end users to perform periodic quality check of machinery and equipment. Thus, owing to these factors, the Europe industrial radiography market is experiencing growth, which is further anticipated to drive the market in Europe.

Europe witnessed a varying impact of the COVID-19 pandemic across its economically diverse countries. For instance, countries such as Germany, the UK, the Netherlands, and France imposed stringent government restrictions and closed their borders to curb the virus spread. Additionally, countries such as Italy, Russia, and Spain witnessed a significant surge in COVID-19 cases, which led them to shut down businesses and manufacturing operations for a few months. However, numerous European countries witnessed a swift recover from the quarter 4 of 2020. Irrespective of the surge in the number of COVID-19 cases and the shutting down of business operations for months, manufacturers had to continue the production of essential products, resume it earlier than other businesses. This severely impacted the number of businesses associated or involved in manufacturing operations, such as x-ray machines manufacturers. Further, since manufacturing facilities in the region were completely shut down for months, the manufacturers of industrial radiography faced several challenges related to procuring raw material and keeping up with the overall stock. However, since the beginning of 2021, governments of countries in Europe expedited the vaccination process, and currently the number of COVID-19 cases in the region has drastically reduced. Seeing this, the government authorities have now opened up the economies. Furthermore, countries such as Germany are heavily investing in offshore wind generation projects. Germany is the birthplace of Industry 4.0, and enterprises investing in digitalization will require a high level of testing labs. Manufacturers can better handle spare parts thanks to real-time monitoring and improved analytics, which would drive the growth of the industrial radiography market in the coming years. The COVID-19 pandemic has a negative impact on the industrial radiography market in major countries of Europe.

 

Europe Industrial Radiography Market Segmentation     

Europe Industrial Radiography Market – By Technique

• Film-based Radiography
• Digital Radiography

Europe Industrial Radiography Market – By End-User Industry

• Manufacturing
• Aerospace
• Automotive and Transportation
• Power Generation
• Petrochemical and Gas
• Others

Europe Industrial Radiography Market– By Country

• Germany
• France
• Italy
• UK
• Russia
• Rest of Europe

Europe Industrial Radiography Market-Companies Mentioned

• 3DX-RAY
• Anritsu
• Comet Group
• Fujifilm Corporation
• GENERAL ELECTRIC
• METTLER TOLEDO
• Nikon Corporation
• SHIMADZU CORPORATION
• ZEISS International

Europe Industrial Radiography Report Scope