Europe Industrial Computed Tomography Market Size
| 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 Market Trends
This section covers the major market trends shaping the Europe Industrial Computed Tomography Market according to our research experts:
Aerospace to Witness Significant Adoption
- The European Aeronautics industry develops and manufactures civil and military aircraft, helicopters, drones, aero-engines, and other systems and equipment. In Europe, industrial computed tomography is redefining the boundaries of inspection in the aerospace industry. In aerospace, computed tomography can be used to inspect smaller to medium-sized components such as turbine blades, aluminum castings, and tube welds. Thus the demand for computed tomography has been increasing significantly.
- In Europe, leading aerospace manufacturers across the globe now consider computed tomography (CT) scanning to be an essential part of the non-destructive testing (NDT) toolkit. Industrial CT can penetrate almost every material, from superalloys to lead to aluminum, providing hidden details that could be found by cutting and destroying finished parts.
- Industrial CT can penetrate almost every material, from superalloys to lead, revealing hidden details that previously could only be found by cutting and destroying finished parts. The solution, widely used in Europe, is advanced software that uses computed tomography scan data to create a three-dimensional virtual volume of a part, containing complete detailed information about its geometry, both surface, and interior.
- In Europe, over time, computed tomography became more mainstream throughout the aerospace sector, ensuring its presence in factory testing. For instance, in February 2022, YXLON International, with its presence in Europe, introduced a new computed tomography system to the global market. The YXLON UX50 computed tomography system has been developed specifically for operation in industrial environments. The development and launch of new computed tomography equipment are increasing the adoption rate even further.
United Kingdom is Expected to Witness Significant Market Growth
- Industrial computed tomography is primarily used by motor manufacturers across the United Kingdom for metrology, porosities and inclusions analysis, retro engineering, assembly verification, and many other applications linked to the automotive quality process. Therefore, the demand for industrial computed tomography has been increasing significantly.
- Moreover, the society of motor manufacturers and traders stated that the automotive industry is a vital part of the United Kingdom economy and integral to supporting the delivery of the agendas for leveling up, net zero, advancing global Britain, and the plan for growth. In 2021, according to the society, automotive-related manufacturing contributed EUR 67.0 billion in turnover and EUR 4.0 billion in value added to the United Kingdom economy and typically invested around EUR 3.0 billion each year in R&D.
- In the United Kingdom, with the advent of computed tomography use in the automotive industry, car manufacturers could perform without the time-consuming dismantling process to analyze the in-tact vehicle. Failure Investigations and computed tomography scanning provide an ability to inspect internal features of complex components that have undergone fatigue or mechanical testing without changing failure conditions. These inspections help detect the failures and, once seen, allow the smooth flow of operations.
- Furthermore, computed tomography has been used extensively in the oil and gas industry across the United Kingdom for imaging, quantifying properties, and determining the distribution of fluids in porous rocks. These factors are boosting the demand for industrial computed tomography.
- For instance, the UK oil and gas industry has come to an agreement (North Sea Transition Deal) with the UK Government to manage the green energy transition. In March 2021, the north sea transition deal aimed to support workers, businesses, and the supply chain through the transition to cleaner energy. The deal will commit joint investment from the sector and Government of EUR 14.0 - 16.0 billion (USD 19.0 - 22.0 billion) by 2030 in new technologies. Thus the requirement for Industrial computed tomography will boom in the market.
Europe Industrial Computed Tomography Industry Overview
The industrial computed tomography market is competitive and consists of several players like ZEISS International and Nikon Metrology NV. These significant players with a substantial share of the market are aiming to expand their customer base across other countries. The companies are increasing their market share by forming multiple partnerships and mergers, investing in projects, and launching new products into the market.
- May 2022 - VisiConsult collaborated with the Wenzel group. The goal of the partnership is for both parties to jointly advance the field of CT-based metrology solutions. The joint development of a product line specifically suited for industrial metrology based on computed tomography technology is one of the partnership's key components.
- July 2021 - Zeiss announced a collaboration with Oak Ridge National Laboratory on a project to advance additively manufactured part characterization using x-ray computed tomography (CT) and artificial intelligence. The company can drive additive manufacturing processes with the help of Zeiss's computed tomography machines. Furthermore, its AI-powered x-ray CT has the potential to transform non-destructive testing (NDT) and metrology outside of the additive manufacturing industry.
Europe Industrial Computed Tomography Market Leaders
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ZEISS International
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Werth Inc.
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Baker Hughes Company
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WENZEL Group
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VJ Group, Inc
*Disclaimer: Major Players sorted in no particular order
Europe Industrial Computed Tomography Market News
- June 2021 - Zeiss Company unveiled Zeiss Metrotom, its entry-level computed tomography product. The non-destructive inspection of components using this solution is at the entry level. Additionally, this system is a compact computed tomography system that yields precise results and is simple to use.
- May 2021 - Nikon Metrology launched the latest offset computed tomography reconstruction algorithm in industrial microfocus X-ray computed tomography inspection solutions. The algorithm provides better image resolution and scan speed. In addition, with the help of this latest offset computed tomography reconstruction algorithm in the newest version of the manufacturer's Inspect-X software.
Europe Industrial Computed Tomography Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Consumers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Impact of COVID-19 on the Wearable Technology Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Technological Improvements in Resolution and Image Processing
5.1.2 Intensifying Demand for Portable Radiography Equipment
5.2 Market Challenges
5.2.1 High Acquisition and Maintenance Cost of Industrial CT Systems
6. MARKET SEGMENTATION
6.1 By Application
6.1.1 Flaw Detection and Inspection
6.1.2 Failure Analysis
6.1.3 Assembly Analysis
6.1.4 Other Applications
6.2 By End User Industry
6.2.1 Aerospace
6.2.2 Automotive
6.2.3 Electronics
6.2.4 Oil and Gas
6.2.5 Other End-user Industries
6.3 By Country
6.3.1 United Kingdom
6.3.2 Germany
6.3.3 France
6.3.4 Italy
6.3.5 Rest of Europe
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Zeiss International
7.1.2 Werth Inc
7.1.3 Wenzel Group
7.1.4 Comet
7.1.5 Hamamatsu Photonics
7.1.6 Baker Hughes Company
7.1.7 VJ Group, Inc
7.1.8 High Value Manufacturing Catapult
7.1.9 Aegleteq Ltd.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
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 Research 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.
What years does this Europe Industrial Computed Tomography Market cover?
The report covers the Europe Industrial Computed Tomography Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Industrial Computed Tomography Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Industrial Computed Tomography Industry Report
Statistics for the 2024 Europe Industrial Computed Tomography market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Industrial Computed Tomography analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
