Asia Pacific Industrial Computed Tomography Market Size (2024 - 2029)

The Asia-Pacific industrial computed tomography market is poised for growth driven by the increasing demand for early diagnosis and minimally invasive diagnostic techniques, alongside a rising prevalence of targeted diseases and an aging population. The integration of 3D printing into manufacturing processes has heightened the need for radiography, with CT emerging as a preferred x-ray inspection technology. Industries such as automotive are recognizing the importance of X-ray CT scanning for maintaining quality in industrial part production. Despite challenges posed by the COVID-19 pandemic, including factory closures and supply chain disruptions, the market is expected to expand as the use of industrial CT systems for testing and inspection in sectors like aerospace, defense, electronics, and automotive increases.

Market Size of Asia Pacific Industrial Computed Tomography Industry

Asia Pacific Computed Tomography Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 8.60 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

APAC Industrial Computed Tomography Market Analysis

Industrial Computed Tomography (CT) systems can achieve high accuracy while measuring internal and external dimensions without damaging parts. The Asia-Pacific industrial computer tomography market will be driven by the growing need for early diagnosis, a strong trend toward minimally invasive diagnostic techniques, an increase in targeted diseases across the region, and an increase in the aging population drive the market growth. The market is expected to grow at a CAGR of 8.6% during the forecast period.

  • With the introduction of new technologies, laminated modeling based on 3D printing has dramatically developed. As end-users integrated 3D printing into the manufacturing process, the 3D printing process evolved from the prototype stage to the manufacturing stage. As additive manufacturing increases, the need for radiography increases, and CT is the end user's favorite x-ray inspection technology.
  • An increasing number of industries, including automotive, have discovered that X-ray CT scanning is an essential tool for ensuring the highest quality in the production of industrial parts, such as mechanical parts, cast metals and composites, and plastic materials. In addition, industrial CT scanners are used in various region manufacturing processes and assembly operations in the region.
  • Governments in the region are also focused on innovating new technologies for industrial computed tomography. For instance, in April 2022, the government of Japan plans to conduct research and development to build a large-scale computer tomography (CT) system for industrial products at the International Education and Research Center, scheduled to be fully opened in Fukushima Prefecture in 2024. The proposed method can take large X-ray images of cross-sections of cars and planes to reproduce 3D models without disassembly.
  • Most of the technical challenges of industrial CT over the last few years have been software-related. At this point, the most significant setbacks where CT will become mainstream are supply chains and major OEMs that do not have the requirements and standards that enable confidence in technology and results.
  • The region has been hit hard by the COVID-19 pandemic, factory closures, supply chain disruptions, and economic slowdowns. These aspects have hindered the growth of regional markets for some time. However, regional market growth post-COVID-19 is likely due to the increased use of industrial CT systems for testing and inspection purposes in various industries such as aerospace, defense, electronics, and automotive.

APAC Industrial Computed Tomography Industry Segmentation

Industrial CT scans use high-power X-rays to penetrate the internal shape of an object, creating the perfect inspection tool for high-value parts where destructive inspection is economically exorbitant. The market studied covers end-use industries such as aerospace, automotive, electronics, oil, and gas. The market study also briefs about the COVID-19 impact on the market and key trends and innovations developed by the key players in the region.

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
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Asia Pacific Industrial Computed Tomography Market Size Summary

The Asia Pacific industrial computed tomography market is poised for significant growth, driven by the increasing demand for precise and non-destructive testing methods across various industries. The market is experiencing a surge in adoption due to the rising need for early diagnosis and minimally invasive techniques, coupled with an aging population and the prevalence of targeted diseases in the region. The integration of advanced technologies, such as 3D printing and additive manufacturing, has further propelled the demand for industrial CT systems, particularly in sectors like automotive, aerospace, and electronics. These systems are essential for ensuring the quality and integrity of industrial parts, from mechanical components to complex structures, by providing high-resolution imaging and detailed analysis without damaging the materials.

The market landscape is characterized by the presence of major players and ongoing technological innovations, with companies like Baker Hughes Digital Solutions GmbH, Nikon Corporation, Omron Corporation, and Hitachi Ltd. leading the charge. These companies are focusing on new product developments and strategic collaborations to enhance their offerings and expand their market presence. The introduction of portable and high-frequency X-ray equipment has made industrial radiography more accessible and efficient, catering to diverse applications in sectors such as oil and gas, nuclear power, and security. Despite challenges posed by the COVID-19 pandemic, the market is expected to recover and thrive, supported by government initiatives and investments in research and development to advance industrial CT technologies in the region.

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Asia Pacific Industrial Computed Tomography Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Stakeholder Analysis

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Bargaining Power of Suppliers

      2. 1.3.2 Bargaining Power of Buyers

      3. 1.3.3 Threat of New Entrants

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

    4. 1.4 Impact of COVID-19 on the market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Application

      1. 2.1.1 Flaw Detection and Inspection

      2. 2.1.2 Failure Analysis

      3. 2.1.3 Assembly Analysis

      4. 2.1.4 Other Applications

    2. 2.2 By End-User Industry

      1. 2.2.1 Aerospace

      2. 2.2.2 Automotive

      3. 2.2.3 Electronics

      4. 2.2.4 Oil and Gas

      5. 2.2.5 Other End-User Industries

Asia Pacific Industrial Computed Tomography Market Size FAQs

The Asia Pacific Industrial Computed Tomography Market is projected to register a CAGR of 8.60% during the forecast period (2024-2029)

Waygate Technologies (Baker Hughes Digital Solutions GmbH), Omron Corporation, Nikon Corporation, Shimadzu Corporation and Hitachi Ltd. are the major companies operating in the Asia Pacific Industrial Computed Tomography Market.

Asia Pacific Industrial Computed Tomography Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)