DUBLIN, Nov. 11, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/97cgxw/industrial) has announced the addition of the "Industrial Radiography Market by Imaging Technique (Film-Based and Digital), Industry (Petrochemical and Gas, Power Generation, Manufacturing, Aerospace, and Automotive and Transportation), and Geography - Global Analysis and Forecast to 2020" report to their offering.
The market is estimated to reach USD 539.0 Million by 2020, at a CAGR of 8.2% between 2015 and 2020.
The market has been segmented on the basis of geography into the Americas, Europe, Asia-Pacific, and Rest of the World. The Americas held the largest share of market followed by Europe and APAC in 2014. The market in APAC is expected to grow at the highest rate during the forecast period. The Rest of World which includes the Middle East and Africa holds a small market share at present; however, it is expected to grow during the forecast period due to the increasing demand for industrial radiography services in this region.
This market, in spite of its exceptional demand, has some restraints in terms of its growth; the key restraints are high deployment costs and high risk of radiation exposure which are inhibiting the growth of this market. Also the lack of skilled labor is the major challenge for the industrial radiography market which needs to be addressed. Factors such as automation of inspection and testing process, rapid industrialization in developing economies, and provision of customized solutions can generate huge opportunities for the market in the near future.
The report focuses on giving a detailed view of the complete market with respect to imaging techniques, application industries, and geographical areas, with detailed segmentations, along with the qualitative analysis of every aspect of the segmentation. All the numbers, at every level of detail, are estimated till 2020 to give the potential size of this market in terms of both value and volume.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Industrial Radiography Market, By Imaging Technique
8 Industrial Radiography Market, By Industry
9 Industrial Radiography Market, By Geography
10 Competitive Landscape
11 Company Profiles
- 3DX-RAY LTD. (U.K.) - Anritsu Corporation (Japan) - Bosello High Technology srl (Italy) - COMET Holding AG (Switzerland) - FujiFilm Holdings Corporation (Japan) - General Electric (U.S.) - Mettler-Toledo International Inc. (Switzerland) - Nikon Corporation (Japan) - PerkinElmer Inc. (U.S.) - Shimadzu Corporation (Japan)
For more information visit http://www.researchandmarkets.com/research/97cgxw/industrial
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SOURCE Research and Markets