SAN FRANCISCO, Sept. 24, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "X-ray Inspection Systems - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 1149
Companies: 67 - Players covered include 3DX-RAY Ltd.; General Electric Co.; Mettler-Toledo International Inc.; Nikon Metrology NV; Nordson DAGE ; North Star Imaging, Inc.; Smiths Detection, Inc.; VisiConsult X-ray Systems & Solutions GmbH; VJ Group, Inc.; Yxlon International GmbH and Others.
Coverage: All major geographies and key segments
Segments: Technique (Digital Imaging, Film-Based Imaging); Type (2D, 3D); Vertical (Oil & Gas, Manufacturing, Aerospace, Automotive, Power Generation, Food & Pharmaceuticals, Other Verticals)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global X-ray Inspection Systems Market to Reach $927.3 Million by 2026
Amid the COVID-19 crisis, the global market for X-ray Inspection Systems estimated at US$680.8 Million in the year 2020, is projected to reach a revised size of US$927.3 Million by 2026, growing at a CAGR of 5.1% over the analysis period. Digital Imaging, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$582.1 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Film-Based Imaging segment is readjusted to a revised 5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $214.9 Million in 2021, While China is Forecast to Reach $163.9 Million by 2026
The X-ray Inspection Systems market in the U.S. is estimated at US$214.9 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$163.9 Million by the year 2026 trailing a CAGR of 4.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 4.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR. More
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