Global X-Ray Detector Market Outlook 2020-2030

Global X-Ray Detector in Industrial Sector Market Analysis 2020-2030

The global X-ray detector in industrial sector market is anticipated to grow with a CAGR of 4.95% over the forecast period, i.e., 2021 - 2030. Factors such as the increasing shift of the industries around the globe towards Industry 5.0 from Industry 4.0, followed by the growing advancements in digital imaging technology, are expected to boost the market growth in the coming years. Moreover, factors such as the growing demand for X-ray detectors in the end-user industries, backed by the rising focus on improving quality control parameters and raise the quality of the end-product, are also projected to accelerate the market growth during the forecast period. The global X-ray detector in industrial sector market is estimated to garner a revenue of about USD 340 Million by the end of 2030, up from a revenue of close to USD 210 Million in the year 2020.

The global X-ray detector in industrial sector market is segmented by numerous segments, which include segmentation by technology, portability, end-use application, and by region. By technology, the market is segmented into flat-panel detectors, computed radiography (CR) detectors, line scan detectors, and charge-coupled device detectors, out of which, the flat-panel detectors segment is anticipated to garner the largest revenue of more than USD 165 Million by the end of 2030. Moreover, in the year 2020, the segment generated a revenue of near to USD 105 Million.

On the basis of regional analysis, the global X-ray detector in industrial sector market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in North America, amongst the market in all other regions, is anticipated to garner the largest revenue of near to USD 110 Million by the end of 2030. Moreover, in the year 2020, the market in the region generated a revenue of around USD 70 Million.

Some of the prominent industry leaders in the global X-ray detector in industrial sector market that are included in our report are Varex Imaging Corporation, Thales Group, Teledyne Digital Imaging Inc., Canon Inc., Hamamatsu Photonics K.K., FUJIFILM Holdings Corporation, Carestream Health, DRTECH Co., Ltd., Vieworks Co., Ltd., Konica Minolta, Inc., iRay Technology, CareRay Medical Technologies, PROTEC GmbH & Co. KG, Waygate Technologies (Baker Hughes Company), and others.