Global Industrial Computed Tomography (CT) System Growth Opportunities

Global Industrial Computed Tomography (CT) System Growth Opportunities

Growing Structural Complexity Of Components, Tighter Tolerances, Evolving CT Software Solutions With AI/ML Capabilities, and Growing Additive Manufacturing (AM) Integration in Production Flow Will Drive Next Phase of Growth in Industrial CT Systems

RELEASE DATE
29-Sep-2021
REGION
Global
Research Code: K63D-01-00-00-00
SKU: TM00677-GL-MT_25815
$4,950.00
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Description

Industrial Computed Tomography (CT) systems are equipment used for dimensional measurement and defect inspection for external and internal aspects of manufactured parts, assemblies, and sub-assemblies. A key factor driving the need for industrial CT systems is the growing complexity in design and manufacturing of components that utilize new processes, new materials, and intricate geometries that require advanced quality control and assurance solutions. Conventional dimensional measurement technologies (e.g., CMM) are not able to meet such requirements, which led to the emergence of CT as one of the most effective technologies.

Industrial CT systems are found to be resourceful in R&D and manufacturing applications alike. Frost & Sullivan further foresees that CT will emerge as a powerful tool for decision making and inline production specifically. Rising complexity and volume of production, growing need to save costs due to destructive testing, and an increasing demand for precise analyses of objects will together drive the need for CT in industrial environments.

However, there are critical challenges that market participants need to address to accelerate investment attractiveness among its customers. Technology innovations and smart methodology developments that will reduce image acquisition and reconstruction time, improve image resolution, and accelerate throughput will be important to overcome such challenges.

This global industrial CT system market research is focused on assessing the current status of the market by identifying key market participants, breadth of product and technologies available in the market, key market activities, including acquisitions, product launches, innovations, and other technology trends.

This research methodology on the market status combines the wealth of industry knowledge that Frost & Sullivan has acquired over the years, wide range of secondary sources, and validation with industry experts. Revenue assessment methodology is a predominantly top-down approach. However, a partial bottom-up approach was performed to validate the estimations.

This research will further look into areas where CT can be effectively applied across industry verticals, such as automotive, aerospace, electronics, and medical devices. The market has been analyzed in detail from a global perspective, understanding how CT is being perceived in Europe, North America, and APAC.

Prominent market participants in each of these segments have been identified and analyzed. This study also aims at throwing light on what market participants are currently doing in this space, supported by how the market is likely to transform the manufacturing arena in the coming years. This could come out as being extremely helpful to the current set of participants in the market that are looking at understanding what their competitors are doing in the space. It can also serve as a major point of reference for all other market participants that are not aware of the immense benefits of CT or are in the verge of making a move in the market.

Key Issues Addressed

  • What is the current status of the industrial CT systems market?
  • Did the market grow in 2020? What is the expected growth in the short term?
  • Will the market continue to grow in the mid-to-long term?
  • Which verticals should be focused to capture short-, mid- and long-term opportunities?
  • Does the market require technological advancements?
  • What are the key challenges that the market faces?
  • Will market participants overcome these challenges in the next 5 years?
  • What are the key end-user trends that will impact the industrial CT system market in the next 5 years?
  • Which are the key market participants by verticals?
  • What factors determine the competition across each vertical?

Author: Prabhu Karunakaran

RESEARCH: INFOGRAPHIC

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Table of Contents

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of Top Three Strategic Imperative on the Global Industrial Computed Tomography (CT) System Market

Growth Opportunities Fuel the Growth Pipeline Engine™

Industrial CT System Market Scope of Analysis

Industrial CT System Operating Principle

Evolution of the CT system for Application in Dimensional Metrology and Inspection

Industrial Computed Tomography System Measurement Capabilities

Industrial CT System Market Segmentation

Market Definition of End Users

Key Competitors for Industrial CT System Market

Key Growth Metrics for Global Industrial CT System Market

Distribution Channels for Industrial CT System Market

Growth Drivers for Global Industrial CT System Market

Growth Driver Analysis

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Restraints for Global Industrial CT System Market

Growth Restraint Analysis

Growth Restraint Analysis (continued)

Growth Restraint Analysis (continued)

Forecast Assumptions

Revenue and Unit Shipment Forecast, Industrial CT System Market

Revenue Forecast, Industrial CT System Market

Revenue Forecast Analysis

Revenue Forecast Analysis (continued)

Revenue Forecast by X-ray Tube Voltage, Industrial CT System Market

Revenue Forecast Analysis

Revenue Forecast by Industry Vertical, Industrial CT System Market

Revenue Forecast Analysis by Industry Vertical, Industrial CT System Market

Revenue Forecast Analysis by Industry Vertical, Industrial CT System Market (continued)

Revenue Forecast by Region, Industrial CT System Market

Revenue Forecast Analysis by Region, Industrial CT System Market

Key Findings by Region—Americas

Key Findings by Region—Europe and MEA

Key Findings by Region—Asia-Pacific

Pricing Trends, Industrial CT System Market

Pricing Trends, Industrial CT System Market (continued)

Competitive Environment

Revenue Share, Industrial CT System Market

Revenue Share Analysis

Revenue Share Analysis (continued)

Revenue Share Analysis (continued)

Company Profile—Waygate Technologies

Company Profile—Zeiss

Company Profile—Yxlon International

Company Profile—Nikon Metrology

Company Profile—Wenzel Group

Top Participants—Product Highlights

Top Participants—Product Highlights (continued)

Top Participants—Product Highlights (continued)

Top Participants—SWOT Analysis

Top Participants—SWOT Analysis (continued)

Key Trends—Additive Manufacturing

Key Trends—Additive Manufacturing (continued)

Key Trends—Advanced Software Solutions to Support Digital Transformation

Key Trends—Advanced Software Solutions to Support Digital Transformation (continued)

Key Trends—Emerging Applications for Industrial CT System

Key Growth Metrics for Automotive Industrial CT System Market

Revenue Forecast, Automotive Industrial CT System Market

Revenue Forecast Analysis, Automotive Industrial CT System Market

Revenue Forecast Analysis, Automotive Industrial CT System Market (continued)

Revenue Forecast Analysis, Key Drivers for the Automotive Industrial CT System Market

Key Trends, Electric Vehicles (EV) Impact on Automotive Industrial CT System Market

Key Trends, Emergence of Hydrogen Fuel-cell Cars

Key Trend, Emergence of Hydrogen Fuel-cell Cars (continued)

Competitive Environment

Key Growth Metrics for Aerospace and Defense Industrial CT System Market

Revenue Forecast, Aerospace and Defense Industrial CT System Market

Revenue Forecast Analysis, Aerospace and Defense Industrial CT System Market

Revenue Forecast Analysis, Aerospace and Defense Industrial CT System Market (continued)

Key Trends, Aerospace and Defense Industrial CT System Market

Key Trends, Demand for Inline CT in Aerospace and Defense Industrial CT System Market

Role of AM in the Aerospace and Defense Industrial CT System Market

Competitive Environment

Key Growth Metrics for Electronics Industrial CT System Market

Revenue Forecast, Electronics Industrial CT System Market

Revenue Forecast Analysis, Electronics Industrial CT System Market

Revenue Forecast Analysis, Electronics Industrial CT System Market (continued)

Key Application, Electronics Industrial CT System Market

End-user Dynamics in the Electronics Vertical

Key Application, Electronics Industrial CT System Market

Competitive Environment

Key Growth Metrics for Medical Device Industrial CT System Market

Revenue Forecast, Medical Device Industrial CT Systems Market

Revenue Forecast Analysis, Medical Device Industrial CT System Market

Key Dynamics Impacting Growth in Medical Devices Industrial CT System Market

Key Trend, Application and System Requirement, Medical Device Industrial CT System Market

Competitive Environment

Key Growth Metrics for Other Industrial CT System Market

Revenue Forecast, Other Industrial CT System Market

Revenue Forecast Analysis, Other Industrial CT System Market

Key Dynamics, Factors Influencing CT Adoption in Other Industrial CT System Market

Competitive Environment

Growth Opportunity 1—Inline CT Solutions for Enhanced Quality Control

Growth Opportunity 1—Inline CT Solutions for Enhanced Quality Control (continued)

Growth Opportunity 2—Track and Market Solutions for QC in Additive Manufacturing

Growth Opportunity 2—Track and Market Solutions for QC in Additive Manufacturing (continued)

Growth Opportunity 3—Robotic Automation for Faster Quality Control and Inspection

Growth Opportunity 3—Robotic Automation for Faster Quality Control and Inspection (continued)

Growth Opportunity 4—Closed Loop Systems for Real-time Inline Quality Control

Growth Opportunity 4—Closed Loop Systems for Real-time Inline Quality Control (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

Related Research
Industrial Computed Tomography (CT) systems are equipment used for dimensional measurement and defect inspection for external and internal aspects of manufactured parts, assemblies, and sub-assemblies. A key factor driving the need for industrial CT systems is the growing complexity in design and manufacturing of components that utilize new processes, new materials, and intricate geometries that require advanced quality control and assurance solutions. Conventional dimensional measurement technologies (e.g., CMM) are not able to meet such requirements, which led to the emergence of CT as one of the most effective technologies. Industrial CT systems are found to be resourceful in R&D and manufacturing applications alike. Frost & Sullivan further foresees that CT will emerge as a powerful tool for decision making and inline production specifically. Rising complexity and volume of production, growing need to save costs due to destructive testing, and an increasing demand for precise analyses of objects will together drive the need for CT in industrial environments. However, there are critical challenges that market participants need to address to accelerate investment attractiveness among its customers. Technology innovations and smart methodology developments that will reduce image acquisition and reconstruction time, improve image resolution, and accelerate throughput will be important to overcome such challenges. This global industrial CT system market research is focused on assessing the current status of the market by identifying key market participants, breadth of product and technologies available in the market, key market activities, including acquisitions, product launches, innovations, and other technology trends. This research methodology on the market status combines the wealth of industry knowledge that Frost & Sullivan has acquired over the years, wide range of secondary sources, and validation with industry experts. Revenue assessment methodology is a predominantly top-down approach. However, a partial bottom-up approach was performed to validate the estimations. This research will further look into areas where CT can be effectively applied across industry verticals, such as automotive, aerospace, electronics, and medical devices. The market has been analyzed in detail from a global perspective, understanding how CT is being perceived in Europe, North America, and APAC. Prominent market participants in each of these segments have been identified and analyzed. This study also aims at throwing light on what market participants are currently doing in this space, supported by how the market is likely to transform the manufacturing arena in the coming years. This could come out as being extremely helpful to the current set of participants in the market that are looking at understanding what their competitors are doing in the space. It can also serve as a major point of reference for all other market participants that are not aware of the immense benefits of CT or are in the verge of making a move in the market.--BEGIN PROMO--

Key Issues Addressed

  • What is the current status of the industrial CT systems market?
  • Did the market grow in 2020? What is the expected growth in the short term?
  • Will the market continue to grow in the mid-to-long term?
  • Which verticals should be focused to capture short-, mid- and long-term opportunities?
  • Does the market require technological advancements?
  • What are the key challenges that the market faces?
  • Will market participants overcome these challenges in the next 5 years?
  • What are the key end-user trends that will impact the industrial CT system market in the next 5 years?
  • Which are the key market participants by verticals?
  • What factors determine the competition across each vertical?

Author: Prabhu Karunakaran

More Information
No Index No
Podcast No
Author Prabhu Karunakaran
Industries Test and Measurement Instrumentation
WIP Number K63D-01-00-00-00
Is Prebook No
GPS Codes 9404-A5,9594,9426,9593