Market Trends of Radiography Test Equipment Industry
This section covers the major market trends shaping the Radiography Test Equipment Market according to our research experts:
Application in Aerospace to Account for a Significant Portion of the Market Demand
- Radiography test equipment, mainly used in manufacturing and maintenance of military and civil aircraft, are considered under the scope of the aerospace segment.
- Applications in aerospace, include detection of internal defects in thick and complex shapes, in metallic and non-metallic shapes, quality of critical aerospace components, structures, and assemblies.
- Increasing emphasis on safety standards, decreasing service intervals, low emission targets, and the advent of new materials and process are the major factors driving the radiography market in the aerospace segment.
- Conventional radiography is being increasingly replaced with digital radiography in aerospace, and the latter is expected to completely overshadow the market, except for some critical high-resolution imaging applications.
- This shift has also been fuelled by the advent of common binding standard for the common accreditation, in accordance with the National Aerospace and Defense Contractors Accreditation Program (NADCAP).
North America to Account for Significant Market Share
- The region is home to some of the major players in the market, coupled with the extensive research and development activities that have resulted in the wide-scale adoption of non-destructive testing.
- As the United States is one of the early adopters of manufacturing automation, the use of automated solutions in some regions of testing is expected to address the issue of lack of skilled personnel, by releasing workers from hard and dangerous, repetitive, and monotonous work.
- NTS with 28 labs in North America, provides custom testing to meet FDA, product safety, and other essential certifications to bring products to market quickly to medical device and equipment manufacturers. The testing varies from bigger devices to smaller implants that are then implanted in the human body and thus need robust testing methods. For instance, the company provides component analysis, standard radiography, and computer tomography (CT) of hearing implants.
- Furthermore, the Canadian GDP is majorly dominated by the oil and gas sector to capital investments and exports. Attractive provincial incentives to encourage drilling and increased implementation of long horizontal wells and multistage fracturing in shale resources are the major drivers for the Canadian oil and gas industry.