Market Size of Europe Industrial Computed Tomography Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 8.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Industrial Computed Tomography Market Analysis
The European Industrial Computed Tomography Market is expected to register a CAGR of less than 8% over the forecast period. The increasing use of CT scanners in end-user industries, such as electronics, automotive, aerospace, and oil & gas, is anticipated to boost the market's growth. Computed tomography (CT) is one of the important foundations of non-destructive testing in industries such as semi-electronics, aerospace, and security inspection.
- The benefits of using Industrial CT Scanning include quality control for failure investigation and preproduction inspection; internal and external part inspection; quick and accurate resulting data, images that are easier to interpret than conventional radiographic data, cut costs; and improved product design.
- For inspecting and testing the internal and external structure and design of various complex parts and components without destructing or disassembling the product, industrial computed tomography (CT) systems are increasingly being used as they can help in determining the design, structure, and dimensions.
- With industrial CT scanning, manufacturers can look inside the products to identify issues pertaining to design and production discrepancies, ensure a lot of consistency, and provides highly accurate and detailed measurements of internal components.
- Apart from aerospace, automotive, and aviation applications, industrial CT can be used to inspect the inside of electronic equipment such as radios, and because of the extreme spatial resolution, some machines are capable of imaging the inside of cables that conduct electricity or optical fibers and computer chips.
- The COVID-19 pandemic has posed a number of difficulties for the market's development. The reduction in demand for industrial CT scanners was brought on by supply chain disruptions as well as a decline in the manufacturing capacity of various companies. However, it is anticipated that the global restrictions will gradually loosen, and the increasing availability of coronavirus vaccines will propel the market upward.
Europe Industrial Computed Tomography Industry Segmentation
Industrial computed tomography (CT) systems are tools for measuring dimensions and inspecting manufactured parts, assemblies, and subassemblies for internal and external flaws. The increasing complexity of component design and manufacturing, which uses new methods, materials, and intricate geometries and necessitates sophisticated solutions for quality control and assurance, is a major factor driving the demand for industrial CT systems.
Moreover, The European Industrial Computed Tomography Market is Segmented By Application (Flaw Detection and Inspection, Failure Analysis, Assembly Analysis, and Other Applications), By End User Industry (Aerospace, Automotive, Electronics, Oil and Gas, and Other End User Industries), and By Country.
By Application | |
Flaw Detection and Inspection | |
Failure Analysis | |
Assembly Analysis | |
Other Applications |
By End User Industry | |
Aerospace | |
Automotive | |
Electronics | |
Oil and Gas | |
Other End-user Industries |
By Country | |
United Kingdom | |
Germany | |
France | |
Italy | |
Rest of Europe |
Europe Industrial Computed Tomography Market Size Summary
The European Industrial Computed Tomography Market is poised for significant growth, driven by its increasing application across various end-user industries such as electronics, automotive, aerospace, and oil & gas. Industrial CT scanning is becoming an integral part of non-destructive testing, offering benefits like enhanced quality control, cost reduction, and improved product design. This technology allows manufacturers to inspect complex parts without disassembly, providing detailed insights into internal structures and dimensions. Despite challenges posed by the COVID-19 pandemic, including supply chain disruptions and reduced demand, the market is expected to recover as global restrictions ease and vaccine availability increases.
In the aerospace sector, industrial CT is redefining inspection standards, with leading manufacturers adopting it as a crucial tool for non-destructive testing. The technology's ability to penetrate various materials and reveal hidden details has made it essential for inspecting components like turbine blades and aluminum castings. Similarly, in the automotive industry, CT scanning facilitates metrology and failure investigations without the need for dismantling vehicles, enhancing operational efficiency. The oil and gas sector in the UK is also leveraging CT for imaging and quantifying properties in porous rocks, driven by initiatives like the North Sea Transition Deal. The market is competitive, with key players like ZEISS International and Nikon Metrology NV expanding their presence through partnerships and product innovations.
Europe Industrial Computed Tomography Market Size - Table of Contents
-
1. MARKET INSIGHTS
-
1.1 Market Overview
-
1.2 Industry Attractiveness - Porter's Five Forces Analysis
-
1.2.1 Bargaining Power of Suppliers
-
1.2.2 Bargaining Power of Consumers
-
1.2.3 Threat of New Entrants
-
1.2.4 Threat of Substitutes
-
1.2.5 Intensity of Competitive Rivalry
-
-
1.3 Impact of COVID-19 on the Wearable Technology Market
-
-
2. MARKET SEGMENTATION
-
2.1 By Application
-
2.1.1 Flaw Detection and Inspection
-
2.1.2 Failure Analysis
-
2.1.3 Assembly Analysis
-
2.1.4 Other Applications
-
-
2.2 By End User Industry
-
2.2.1 Aerospace
-
2.2.2 Automotive
-
2.2.3 Electronics
-
2.2.4 Oil and Gas
-
2.2.5 Other End-user Industries
-
-
2.3 By Country
-
2.3.1 United Kingdom
-
2.3.2 Germany
-
2.3.3 France
-
2.3.4 Italy
-
2.3.5 Rest of Europe
-
-
Europe Industrial Computed Tomography Market Size FAQs
What is the current Europe Industrial Computed Tomography Market size?
The Europe Industrial Computed Tomography Market is projected to register a CAGR of less than 8% during the forecast period (2024-2029)
Who are the key players in Europe Industrial Computed Tomography Market?
ZEISS International , Werth Inc., Baker Hughes Company, WENZEL Group and VJ Group, Inc are the major companies operating in the Europe Industrial Computed Tomography Market.