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North America Industrial Radiography Market

2021

North America 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)

Publication Month: Oct 2021 | Report Code: TIPRE00025204 | No. of Pages: 77 | Category: Technology, Media and Telecommunications | Status: Published

Market Insights

North America Industrial Radiography Market to Grow at a CAGR of 7.3% to reach US$ 342.26 million from 2021 to 2028

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The industrial radiography market in North America is expected to grow from US$ 209.43 million in 2021 to US$ 342.26 million by 2028; it is estimated to grow at a CAGR of 7.3% from 2021 to 2028.


The US, Canada, and Mexico are major economies in North America. Increasing importance for border security is the major factor driving the growth of the North America industrial radiography market. Innovative active interrogation approaches to identify threats to national security are required to protect a country’s airports, borders, and ports. All detection approaches need a source of energetic particles for inducing specific reactions that are major signatures for detecting fissile material or conventional explosives or to perform imaging. The most instant perceived threats and their essential materials comprise conventional explosives, special nuclear materials, mass destruction weapons, chemical agents, and contraband. The radiography technology can be utilized to scan cargo to guarantee that nothing is being smuggled into the country. By utilizing industrial radiography technology, it is possible to distinguish between different materials. Also, the governments are investing a significant amount in border security by deploying the latest technologies at borders. The growth in the construction and expansion of airports is anticipated to boost the demand for industrial radiography, which is further anticipated to drive the market in North America.

In North America, the US recorded the largest number of COVID-19 cases, with more than 20 million cases. In addition, California, Texas, Florida, and New York are among the majorly affected areas in the country. The federal government in the country did not impose nationwide lockdown in 2020. However, the governors of a few states decided to impose lockdown in their respective states. The lockdown hindered the operations of various industries, including manufacturing and aerospace. However, essential industries, such as fast-moving consumer goods (FMCG) and pharmaceutical, had to continue their operations. North America dominated the industrial radiography market owing to the presence of the world's largest aerospace sector in the US and the large automotive industry in Mexico, where radiography is widely used. Companies are increasingly focusing on decreasing radiation-related dangers and favoring portable solutions, prompting them to rethink their product line. The impact of the COVID-19 pandemic on the market was not only from the demand side but also from the supply side. Since manufacturing facilities in the region were not operational for months, supply chain was disrupted as well as the procurement of raw material was interrupted. Due to this, OEMs saw prominent challenge in keeping up with the quarterly revenue. Therefore, the COVID-19 pandemic has a negative impact on the industrial radiography market in the major North American countries.

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North America Industrial Radiography Market Segmentation

North America Industrial Radiography Market – By Technique

  • Film-based Radiography
  • Digital Radiography

North America Industrial Radiography Market – By End-User Industry

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

North America Industrial Radiography Market – By Country

  • US
  • Canada
  • Mexico

North America Industrial Radiography Market-Companies Mentioned

  • Anritsu
  • Comet Group
  • Fujifilm Corporation
  • GENERAL ELECTRIC
  • METTLER TOLEDO
  • Nikon Corporation
  • SHIMADZU CORPORATION
  • ZEISS International

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Industrial Radiography Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. North America Industrial Radiography Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Growing Importance of Quality Control

5.1.2 Increasing Importance for Border Security

5.2 Market Restraints

5.2.1 Radiation Hazards, Government Regulations, and Lack of High Skilled Labour

5.3 Market Opportunities

5.3.1 Growing MRO Operation

5.4 Future Trends

5.4.1 Integration of AI and ML

5.5 Impact Analysis of Drivers and Restraints

6. Industrial Radiography Market – North America Analysis

6.1 Industrial Radiography Market North America Overview

6.2 North America Industrial Radiography Market –Revenue and Forecast to 2028 (US$ Million)

7. North America Industrial Radiography Market Analysis – By Technique

7.1 Overview

7.2 North America Industrial Radiography Market, By Technique (2020 and 2028)

7.3 Film-based Radiography

7.3.1 Overview

7.3.2 Film-based Radiography: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Digital Radiography

7.4.1 Overview

7.4.2 Digital Radiography: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

8. North America Industrial Radiography Market – By End-User Industry

8.1 Overview

8.2 North America Industrial Radiography Market, by End-User Industry (2020 and 2028)

8.3 Manufacturing

8.3.1 Overview

8.3.2 Manufacturing: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Aerospace

8.4.1 Overview

8.4.2 Aerospace: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Automotive and Transportation

8.5.1 Overview

8.5.2 Automotive and Transportation: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Power Generation

8.6.1 Overview

8.6.2 Power Generation: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Petrochemical and Gas

8.7.1 Overview

8.7.2 Petrochemical and Gas: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

8.8 Others

8.8.1 Overview

8.8.2 Others: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

9. North America Industrial Radiography Market – Country Analysis

9.1 North America Industrial Radiography Market

9.1.1 Overview

9.1.2 North America Industrial Radiography Market Breakdown, by Country

9.1.2.1 US Industrial Radiography Market, Revenue and Forecast to 2028

9.1.2.1.1 US Industrial Radiography Market Breakdown, by Technique

9.1.2.1.2 US Industrial Radiography Market Breakdown, by End-user Industry

9.1.2.2 Canada Industrial Radiography Market, Revenue and Forecast to 2028

9.1.2.2.1 Canada Industrial Radiography Market Breakdown, by Technique

9.1.2.2.2 Canada Industrial Radiography Market Breakdown, by End-user Industry

9.1.2.3 Mexico Industrial Radiography Market, Revenue and Forecast to 2028

9.1.2.3.1 Mexico Industrial Radiography Market Breakdown, by Technique

9.1.2.3.2 Mexico Industrial Radiography Market Breakdown, by End-user Industry

10. Impact of COVID-19 Pandemic on North America Industrial Radiography Market

10.1 North America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 Anritsu

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Comet Group

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Fujifilm Corporation

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 GENERAL ELECTRIC

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 METTLER TOLEDO

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Nikon Corporation

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 SHIMADZU CORPORATION

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 ZEISS International

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. North America Industrial Radiography Market, Revenue and Forecast To 2028 – By Country (US$ Mn)

Table 3. US Industrial Radiography Market, Revenue and Forecast to 2028 – By Technique (US$ Mn)

Table 4. US Industrial Radiography Market, Revenue and Forecast to 2028 – By End-user Industry (US$ Mn)

Table 5. Canada Industrial Radiography Market, Revenue and Forecast to 2028 – By Technique (US$ Mn)

Table 6. Canada Industrial Radiography Market, Revenue and Forecast to 2028 – By End-user Industry (US$ Mn)

Table 7. Mexico Industrial Radiography Market, Revenue and Forecast to 2028 – By Technique (US$ Mn)

Table 8. Mexico Industrial Radiography Market, Revenue and Forecast to 2028 – By End-user Industry (US$ Mn)

Table 9. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Industrial Radiography Market Segmentation

Figure 2. North America Industrial Radiography Market Segmentation – By Country

Figure 3. North America Industrial Radiography Market Overview

Figure 4. Digital Radiography held the largest market share in 2020

Figure 5. Automotive and Transportation held the largest market share in 2020

Figure 6. US held Largest Market Share in 2020

Figure 7. North America PEST Analysis

Figure 8. Expert Opinion

Figure 9. North America Industrial Radiography Market: Impact Analysis of Drivers and Restraints

Figure 10. North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11. North America Industrial Radiography Market Revenue Share, by Technique (2020 and 2028)

Figure 12. Film-based Radiography: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. Digital Radiography: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. North America Industrial Radiography Market Revenue Share, by End-User Industry (2020 and 2028)

Figure 15. Manufacturing: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. Aerospace: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. Automotive and Transportation: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. Power Generation: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. Petrochemical and Gas: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Others: North America Industrial Radiography Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. North America Industrial Radiography Market, Revenue and Forecast to 2028 (US$ Mn)

Figure 22. North America Industrial Radiography Market Breakdown, by Country, 2020 & 2028 (%)

Figure 23. US Industrial Radiography Market, Revenue and Forecast, 2018–2028 (US$ Mn)

Figure 24. Canada Industrial Radiography Market, Revenue and Forecast, 2018–2028 (US$ Mn)

Figure 25. Mexico Industrial Radiography Market, Revenue and Forecast, 2018–2028 (US$ Mn)

Figure 26. Impact of COVID-19 Pandemic on Market in North American Countries

  1. Anritsu
  2. Comet Group
  3. Fujifilm Corporation
  4. GENERAL ELECTRIC
  5. METTLER TOLEDO
  6. Nikon Corporation
  7. SHIMADZU CORPORATION
  8. ZEISS International
  • To understand the North America industrial radiography market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America industrial radiography market
  • Efficiently plan M&A and partnership deals in North America industrial radiography market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America industrial radiography market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
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