Global X-ray Tire Inspection System Market to Reach $113.5 Million by 2022 - Rising Automobile Production is Expected to Increase Demand Globally - Research and Markets
26 Apr, 2017, 18:30 BST
DUBLIN, April 26, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global X-ray Tire Inspection System Market - 2014 to 2022" report to their offering.
The X-ray tire inspection market is expected to reach US$ 113.5 Mn by 2022.
Complexities involved in the tire manufacturing have made tires prone to many production errors. Such faults and discrepancies may prove expensive in the prevailing competitive market. Such defects can be avoided using x-ray tire inspection systems. In addition, tires are subjected to stringent safety standards. Therefore efficient quality check has to be carried out at the tire production. The x-ray tire inspection system enables a high-grade quality control. This systems are easy to install and can directly be integrated into the production process. Use of X-ray inspection systems reduces production errors, thereby improving the operating profit margins for tire manufacturers. Such benefits are influencing tire manufacturers to install advanced x-ray tire inspection systems at manufacturing facilities. In addition, rising automobile production is expected to increase the demand for tires across the globe. All these factors are expected to increase the demand for x-ray inspection systems worldwide.
X-ray tire inspection systems used for rubber and tire inspection accounted for the largest revenue share of 71.9% in 2014. Rising automobile production and increasing demand from aftermarket is influencing tire manufacturers to increase their production capacity. Thus, tire manufacturers are investing in the expansion of manufacturing facilities, which, in turn is supporting the demand for x-ray tire inspection systems. X-ray inspection system used for wheel inspection is expected to witness the fastest growth during the forecast period 2016 - 2022.
Companies Mentioned
- Alfamation Global
- CyXplus SA
- Micro-Poise Measurement Systems, LLC
- YXLON International GmbH
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Competitive Landscape
Chapter 4 X-ray Tire Inspection Market Analysis, by Application
Chapter 5 North America X-ray Tire Inspection Systems Market Analysis
Chapter 6 Europe X-ray Tire Inspection Systems Market Analysis
Chapter 7 Asia Pacific X-ray Tire Inspection Systems Market Analysis
Chapter 8 Rest of the World X-ray Tire Inspection Systems Market Analysis
Chapter 9 Company Profile
For more information about this report visit http://www.researchandmarkets.com/research/p5lnbc/global_xray_tire
Media Contact:
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Links
http://www.researchandmarkets.com
SOURCE Research and Markets