Latest News- Industrial Computed Tomography Equipment Market: FD and I is expected to lead the Application segment during 2025-2029

The Industrial Computed Tomography Equipment Market is being driven by Renewed demand from the oil and gas industry

The Industrial Computed Tomography Equipment Market is expected to grow at a CAGR of 8.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 169.1 million. In the industrial sector, portable computed tomography (CT) equipment is experiencing increased adoption due to its convenience and flexibility, particularly in industries such as oil and gas. With assets dispersed across vast territories and often inaccessible locations, portable CT solutions enable inspection activities to be carried out efficiently and effectively. In the oil and gas industry, a single portable CT system can be utilized for inspections at various rigs and pipeline points. Likewise, the automotive and aerospace industries can also reap the benefits of this technology by implementing portable CT equipment for non-destructive testing and quality assurance purposes. This mobility and versatility contribute significantly to reducing downtime and increasing productivity. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • FD and I
  • Assembly analysis
  • Failure analysis
  • Others
• End-user
  • Automotive
  • Aerospace
  • Electronics
  • Oil and gas
  • Others
• Type
  • Stationary computed
  • Portable computed
• Technique
  • High-energy industrial CT
  • Low-energy industrial CT
  • Mini-focus industrial CT
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • North America
    • Canada
    • US
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Renewed demand from the oil and gas industry
• Technological benefits of using industrial computed tomography equipment
• Growing regulatory compliance requirements

However, the market also witnesses some limitations, which are as follows:

• High cost of industrial computed tomography equipment
• Replacement of radiographic testing with ultrasonic testing
• Disruption of the image quality due to the presence of scatter particles

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Market Scope in Industrial Computed Tomography Equipment Market Research Report

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Research Analysis Overview

The Industrial Computed Tomography (CT) Equipment Market encompasses advanced technologies such as X-Ray Sources, Scanning Stages, Reconstruction Algorithms, Image Enhancement, and Feature Extraction for generating 3D models. CAD Software, Inspection Reports, Data Management, and Data Security ensure workflow optimization, cost reduction, and time savings. Improved accuracy, increased efficiency, enhanced productivity, and reduced downtime are key benefits. Non-destructive evaluation techniques include Tomographic Reconstruction, Voxel-Based Analysis, Image Segmentation, Quantitative Analysis, Finite Element Analysis, Computational Fluid Dynamics, and analysis of Material Properties, Stress, Strain, Fatigue, Wear, Corrosion, Dimensional Control, Geometric Analysis, Assembly Validation, Process Control, and Quality Control Tools. Product Certification and Research Collaboration are additional market offerings.

Market Research Overview

The Industrial Computed Tomography (CT) Equipment Market is a segment of the larger Electrical Components and Equipment Market. This market caters to businesses involved in the manufacturing of industrial CT scanning equipment, a type of non-destructive testing solution. The Electrical Components and Equipment Market encompasses various sectors, including water heaters and accessories, motors, motor control, encoder and amplifier, automation solutions, electrical distribution and protection equipment, small generators, wire and cable accessories, power supplies and conditioners, sensors, meters and indicators, recorders and loggers, process safety systems, instrumentation, test and measurement equipment, switches, transmitters and receivers, HVAC, and safety components. Moreover, the market size is determined by the combined revenue generated from the sales and rentals of these electrical components and equipment to industrial, commercial, and residential end-users.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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