1	INTRODUCTION	21 
1.1	STUDY OBJECTIVES	21 
1.2	MARKET DEFINITION	21 
1.2.1	INCLUSIONS AND EXCLUSIONS	22 
1.3	STUDY SCOPE	22 
1.3.1	MARKETS COVERED	22 
FIGURE 1	X-RAY INSPECTION SYSTEM MARKET: SEGMENTATION	22 
1.3.2	REGIONAL SCOPE	23 
1.3.3	YEARS CONSIDERED	23 
1.4	IMPACT OF RECESSION	24 
1.5	CURRENCY CONSIDERED	24 
1.6	STAKEHOLDERS	24 
1.7	LIMITATIONS	24 
1.8	SUMMARY OF CHANGES	25 
2	RESEARCH METHODOLOGY	26 
2.1	RESEARCH APPROACH	26 
FIGURE 2	X-RAY INSPECTION SYSTEM MARKET: RESEARCH DESIGN	26 
2.1.1	SECONDARY DATA	27 
2.1.1.1	List of major secondary sources	27 
2.1.1.2	Key data from secondary sources	27 
2.1.2	PRIMARY DATA	28 
2.1.2.1	Key data from primary sources	28 
2.1.2.2	Key industry insights	29 
2.1.2.3	Breakdown of primaries	29 
FIGURE 3	BREAKDOWN OF PRIMARIES	29 
2.2	FACTOR ANALYSIS	30 
FIGURE 4	MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (SUPPLY SIDE)—REVENUE GENERATED BY COMPANIES FROM SALES OF X-RAY INSPECTION SYSTEMS	30 
2.3	MARKET SIZE ESTIMATION	31 
2.3.1	BOTTOM-UP APPROACH	31 
2.3.1.1	Approach to derive market size using bottom-up analysis	31 
FIGURE 5	X-RAY INSPECTION SYSTEM MARKET: BOTTOM-UP APPROACH	32 
2.3.2	TOP-DOWN APPROACH	32 
2.3.2.1	Approach to derive market size using top-down analysis (supply side)	32 
FIGURE 6	X-RAY INSPECTION SYSTEM MARKET: TOP-DOWN APPROACH	33 
2.4	DATA TRIANGULATION	33 
FIGURE 7	DATA TRIANGULATION	33 
2.5	RESEARCH ASSUMPTIONS	34 
2.6	PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON X-RAY INSPECTION SYSTEM MARKET	35 
TABLE 1	ASSUMPTIONS: RECESSION	35 
3	EXECUTIVE SUMMARY	36 
FIGURE 8	DIGITAL IMAGING TO DISPLAY HIGHER CAGR DURING FORECAST PERIOD	36 
FIGURE 9	2D DIMENSION SEGMENT TO DOMINATE MARKET IN 2028	37 
FIGURE 10	MANUFACTURING SEGMENT TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028	37 
FIGURE 11	ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD	38 
4	PREMIUM INSIGHTS	39 
4.1	ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN X-RAY INSPECTION SYSTEM MARKET	39 
FIGURE 12	STRINGENT MANUFACTURING STANDARDS TO FUEL DEMAND FOR X-RAY INSPECTION SYSTEMS DURING FORECAST PERIOD	39 
4.2	X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY	39 
FIGURE 13	DIGITAL IMAGING CAPTURED LARGEST MARKET SHARE IN 2022	39 
4.3	X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION	40 
FIGURE 14	2D SEGMENT TO SECURE LARGER MARKET SHARE DURING FORECAST PERIOD	40 
4.4	X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL AND REGION	40 
FIGURE 15	OIL & GAS SEGMENT AND NORTH AMERICA TO DOMINATE MARKET IN 2028	40 
4.5	X-RAY INSPECTION SYSTEM MARKET, BY REGION	41 
FIGURE 16	INDIA TO REGISTER HIGHEST CAGR FROM 2023 TO 2028	41 
5	MARKET OVERVIEW	42 
5.1	INTRODUCTION	42 
5.2	MARKET DYNAMICS	42 
FIGURE 17	X-RAY INSPECTION SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES	42 
5.2.1	DRIVERS	43 
5.2.1.1	Rising need for inspection services due to evolving regulations and quality standards	43 
5.2.1.2	Surging requirement for precise and high-quality automotive components to ensure safety	43 
5.2.1.3	Rising preference of consumers for defect-free products	44 
5.2.1.4	Increasing focus of food industry on safety and quality	44 
FIGURE 18	X-RAY INSPECTION SYSTEM MARKET: IMPACT ANALYSIS OF DRIVERS	45 
5.2.2	RESTRAINTS	45 
5.2.2.1	High costs of deployment and maintenance	45 
5.2.2.2	Risk of exposure to ionizing radiation	45 
FIGURE 19	X-RAY INSPECTION SYSTEM MARKET: IMPACT ANALYSIS OF RESTRAINTS	46 
5.2.3	OPPORTUNITIES	46 
5.2.3.1	Integration of robotics into X-ray inspection equipment	46 
5.2.3.2	Rapid industrialization in emerging economies	46 
FIGURE 20	X-RAY INSPECTION SYSTEM MARKET: IMPACT ANALYSIS OF OPPORTUNITIES	47 
5.2.4	CHALLENGES	47 
5.2.4.1	Integration of X-ray inspection systems with existing production lines	47 
5.2.4.2	Availability of alternative inspection technologies	47 
FIGURE 21	X-RAY INSPECTION SYSTEM MARKET: IMPACT ANALYSIS OF CHALLENGES	48 
5.3	VALUE CHAIN ANALYSIS	48 
FIGURE 22	X-RAY INSPECTION SYSTEM MARKET: VALUE CHAIN ANALYSIS	48 
5.4	ECOSYSTEM MAPPING	49 
FIGURE 23	X-RAY INSPECTION SYSTEM MARKET: ECOSYSTEM MAPPING	49 
TABLE 2	COMPANIES AND THEIR ROLES IN X-RAY INSPECTION SYSTEM ECOSYSTEM	50 
5.5	PRICING ANALYSIS	51 
5.5.1	AVERAGE PRICING ANALYSIS (ASP) TREND OF X-RAY INSPECTION SYSTEMS	51 
FIGURE 24	AVERAGE SELLING PRICE (ASP) OF X-RAY INSPECTION SYSTEMS OFFERED BY TOP THREE KEY PLAYERS	51 
TABLE 3	AVERAGE SELLING PRICE (ASP) OF X-RAY INSPECTION SYSTEMS OFFERED BY TOP THREE KEY PLAYERS	51 
5.5.2	AVERAGE SELLING PRICE (ASP) TREND OF X-RAY INSPECTION SYSTEM, BY REGION	52 
TABLE 4	AVERAGE SELLING PRICE (ASP) TREND OF X-RAY INSPECTION SYSTEMS, BY REGION	52 
5.6	TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES	52 
FIGURE 25	TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES	53 
5.7	TECHNOLOGY ANALYSIS	53 
5.7.1	COMPUTED TOMOGRAPHY (CT) SCANNING	53 
5.7.2	3D IMAGING	53 
5.7.3	ARTIFICIAL INTELLIGENCE (AI) AND MACHINE LEARNING (ML)	53 
5.7.4	COMPUTER VISION	54 
5.8	PORTER’S FIVE FORCES ANALYSIS	54 
FIGURE 26	X-RAY INSPECTION SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS	54 
TABLE 5	X-RAY INSPECTION SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS	55 
5.8.1	INTENSITY OF COMPETITIVE RIVALRY	55 
5.8.2	BARGAINING POWER OF SUPPLIERS	55 
5.8.3	BARGAINING POWER OF BUYERS	55 
5.8.4	THREAT OF SUBSTITUTES	55 
5.8.5	THREAT OF NEW ENTRANTS	56 
5.9	KEY STAKEHOLDERS AND BUYING CRITERIA	56 
5.9.1	KEY STAKEHOLDERS IN BUYING PROCESS	56 
FIGURE 27	KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE VERTICALS	56 
TABLE 6	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS	56 
5.9.2	BUYING CRITERIA	57 
FIGURE 28	KEY BUYING CRITERIA FOR TOP THREE VERTICALS	57 
TABLE 7	KEY BUYING CRITERIA FOR TOP THREE VERTICALS	57 
5.10	CASE STUDY ANALYSIS	58 
TABLE 8	KRI-KRI S.A. INSTALLS METTLER TOLEDO’S X-RAY INSPECTION SYSTEM TO MAINTAIN PRODUCT SAFETY	58 
TABLE 9	METTLER TOLEDO INSTALLS FIVE SAFELINE X-RAY INSPECTION SYSTEMS FOR ANDESEN AND SONS	58 
TABLE 10	J&J SNACK FOODS INSTALLS X-RAY INSPECTION SYSTEMS OFFERED BY METTLER-TOLEDO SAFELINE	58 
TABLE 11	LOMA INCORPORATES EIGHT X5 SPACE SAVER X-RAY UNITS INTO KEPAK’S PRODUCTION LINES TO MEET QUALITY STANDARDS FOR CONTAMINANT DETECTION	59 
TABLE 12	FAMOUS BRANDS CHEESE COMPANY LTD. COLLABORATES WITH ISHIDA TO UPGRADE ITS INSPECTION SYSTEMS	59 
5.11	TRADE ANALYSIS	59 
5.11.1	IMPORT SCENARIO	60 
FIGURE 29	IMPORT DATA FOR X-RAY INSPECTION SYSTEMS, BY COUNTRY, 2018–2022 (USD MILLION)	60 
5.11.2	EXPORT SCENARIO	60 
FIGURE 30	EXPORT DATA FOR X-RAY INSPECTION SYSTEMS, BY COUNTRY, 2018–2022 (USD MILLION)	60 
5.12	PATENT ANALYSIS	61 
FIGURE 31	TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS	61 
TABLE 13	TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS	61 
FIGURE 32	NUMBER OF PATENTS GRANTED PER YEAR, 2013–2023	62 
TABLE 14	X-RAY INSPECTION SYSTEM MARKET: LIST OF PATENTS, 2021–2023	62 
5.13	KEY CONFERENCES AND EVENTS, 2023–2025	64 
TABLE 15	X-RAY INSPECTION SYSTEM MARKET: LIST OF CONFERENCES AND EVENTS	64 
5.13.1	TARIFF ANALYSIS	64 
TABLE 16	MFN TARIFF FOR HS CODE 902219-COMPLIANT PRODUCTS EXPORTED BY JAPAN	64 
TABLE 17	MFN TARIFF FOR HS CODE 902219-COMPLIANT PRODUCTS EXPORTED BY CHINA	65 
5.14	REGULATORY LANDSCAPE AND STANDARDS	65 
5.14.1	REGULATORY BODIES, GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS	65 
TABLE 18	NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	65 
TABLE 19	EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	66 
TABLE 20	ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	66 
TABLE 21	ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	67 
5.14.2	STANDARDS	67 
6	X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY	68 
6.1	INTRODUCTION	69 
FIGURE 33	X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY	69 
FIGURE 34	DIGITAL IMAGING SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD	69 
TABLE 22	X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)	70 
TABLE 23	X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)	70 
TABLE 24	X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION)	70 
TABLE 25	X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION)	70 
6.2	FILM-BASED IMAGING	71 
6.2.1	COST EFFICIENCY AND SUSTAINABILITY FEATURES TO FUEL DEMAND	71 
TABLE 26	FILM-BASED IMAGING: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)	71 
TABLE 27	FILM-BASED IMAGING: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	72 
6.3	DIGITAL IMAGING	72 
TABLE 28	DIGITAL IMAGING: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)	73 
TABLE 29	DIGITAL IMAGING: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	73 
6.3.1	COMPUTED TOMOGRAPHY	73 
6.3.1.1	Increasing complexity of manufacturing and quality control processes to fuel segmental growth	73 
TABLE 30	COMPUTED TOMOGRAPHY: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)	74 
TABLE 31	COMPUTED TOMOGRAPHY: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	74 
6.3.2	COMPUTED RADIOGRAPHY	75 
6.3.2.1	Rising focus on reducing operating costs to foster segmental growth	75 
TABLE 32	COMPUTED RADIOGRAPHY: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)	75 
TABLE 33	COMPUTED RADIOGRAPHY: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	76 
6.3.3	DIRECT RADIOGRAPHY	76 
6.3.3.1	Capacity to swiftly identify defects and enhance safety to boost adoption of technology	76 
TABLE 34	DIRECT RADIOGRAPHY: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)	77 
TABLE 35	DIRECT RADIOGRAPHY: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	77 
7	X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION	78 
7.1	INTRODUCTION	79 
FIGURE 35	X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION	79 
FIGURE 36	3D SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD	79 
TABLE 36	X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION)	80 
TABLE 37	X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION)	80 
7.2	2D	80 
7.2.1	SIMPLIFIED INTEGRATION AND COST-EFFECTIVENESS TO BOOST SEGMENTAL GROWTH	80 
TABLE 38	2D: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)	81 
TABLE 39	2D: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	81 
7.3	3D	81 
7.3.1	COMPLEX AND STRINGENT QUALITY CONTROL REQUIREMENTS TO FUEL MARKET GROWTH	81 
TABLE 40	3D: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)	82 
TABLE 41	3D: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	82 
8	X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL	83 
8.1	INTRODUCTION	84 
FIGURE 37	X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL	84 
FIGURE 38	MANUFACTURING SEGMENT TO DISPLAY HIGHEST CAGR DURING FORECAST PERIOD	84 
TABLE 42	X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)	85 
TABLE 43	X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	85 
8.2	MANUFACTURING	86 
8.2.1	ADVENT OF INDUSTRY 4.0 IN MANUFACTURING PROCESSES TO BOOST DEMAND	86 
FIGURE 39	ASIA PACIFIC TO DOMINATE X-RAY INSPECTION SYSTEM MARKET FOR MANUFACTURING DURING FORECAST PERIOD	86 
TABLE 44	MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)	86 
TABLE 45	MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)	87 
TABLE 46	MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION)	87 
TABLE 47	MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION)	87 
TABLE 48	MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION)	87 
TABLE 49	MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION)	88 
TABLE 50	MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)	88 
TABLE 51	MANUFACTURING: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)	88 
8.3	OIL & GAS	89 
8.3.1	PRESSING NEED TO COMPLY WITH INDUSTRY STANDARDS TO DRIVE MARKET	89 
FIGURE 40	ASIA PACIFIC TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD	89 
TABLE 52	OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)	89 
TABLE 53	OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)	90 
TABLE 54	OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION)	90 
TABLE 55	OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION)	90 
TABLE 56	OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION)	90 
TABLE 57	OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION)	91 
TABLE 58	OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)	91 
TABLE 59	OIL & GAS: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)	91 
8.4	AEROSPACE	91 
8.4.1	HIGH FOCUS ON SAFETY AND PRECISION TO DRIVE DEMAND	91 
TABLE 60	AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)	92 
TABLE 61	AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)	92 
TABLE 62	AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION)	92 
TABLE 63	AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION)	93 
TABLE 64	AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION)	93 
TABLE 65	AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION)	93 
TABLE 66	AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)	93 
TABLE 67	AEROSPACE: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)	94 
8.5	GOVERNMENT INFRASTRUCTURE	94 
8.5.1	EXPANSION AND MODERNIZATION OF AIRPORTS TO FUEL DEMAND	94 
TABLE 68	GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)	94 
TABLE 69	GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)	95 
TABLE 70	GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION)	95 
TABLE 71	GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION)	95 
TABLE 72	GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION)	95 
TABLE 73	GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION)	96 
TABLE 74	GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)	96 
TABLE 75	GOVERNMENT INFRASTRUCTURE: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)	96 
8.6	AUTOMOTIVE	97 
8.6.1	ABILITY TO DETECT CAST AND WELDED COMPONENTS WITHIN AUTOMOTIVE CHASSIS SYSTEMS TO BOOST DEMAND	97 
TABLE 76	AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)	97 
TABLE 77	AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)	97 
TABLE 78	AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION)	98 
TABLE 79	AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION)	98 
TABLE 80	AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION)	98 
TABLE 81	AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION)	98 
TABLE 82	AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)	99 
TABLE 83	AUTOMOTIVE: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)	99 
8.7	POWER GENERATION	99 
8.7.1	GLOBAL SURGE IN ENERGY CONSUMPTION TO FOSTER SEGMENTAL GROWTH	99 
TABLE 84	POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)	100 
TABLE 85	POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)	100 
TABLE 86	POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION)	100 
TABLE 87	POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION)	100 
TABLE 88	POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION)	101 
TABLE 89	POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION)	101 
TABLE 90	POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)	101 
TABLE 91	POWER GENERATION: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)	102 
8.8	FOOD & PHARMACEUTICALS	102 
8.8.1	NEED TO DETECT CONTAMINANTS IN FOOD ITEMS AND PHARMACEUTICALS TO DRIVE MARKET	102 
TABLE 92	FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)	102 
TABLE 93	FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)	103 
TABLE 94	FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION)	103 
TABLE 95	FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION)	103 
TABLE 96	FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION)	103 
TABLE 97	FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION)	104 
TABLE 98	FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)	104 
TABLE 99	FOOD & PHARMACEUTICALS: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)	104 
8.9	OTHERS	105 
TABLE 100	OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)	105 
TABLE 101	OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)	105 
TABLE 102	OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2019–2022 (USD MILLION)	105 
TABLE 103	OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY DIGITAL IMAGING, 2023–2028 (USD MILLION)	106 
TABLE 104	OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2019–2022 (USD MILLION)	106 
TABLE 105	OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY DIMENSION, 2023–2028 (USD MILLION)	106 
TABLE 106	OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)	106 
TABLE 107	OTHERS: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)	107 
9	X-RAY INSPECTION SYSTEM MARKET, BY REGION	108 
9.1	INTRODUCTION	109 
FIGURE 41	X-RAY INSPECTION SYSTEM MARKET, BY REGION	109 
FIGURE 42	ASIA PACIFIC TO DISPLAY HIGHEST CAGR DURING FORECAST PERIOD	109 
TABLE 108	X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)	110 
TABLE 109	X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)	110 
9.2	NORTH AMERICA	111 
FIGURE 43	NORTH AMERICA: X-RAY INSPECTION SYSTEM MARKET SNAPSHOT	111 
9.2.1	NORTH AMERICA: IMPACT OF RECESSION	112 
TABLE 110	NORTH AMERICA: X-RAY INSPECTION SYSTEM MARKET, BY COUNTRY, 2019–2022 (USD MILLION)	112 
TABLE 111	NORTH AMERICA: X-RAY INSPECTION SYSTEM MARKET, BY COUNTRY, 2023–2028 (USD MILLION)	112 
TABLE 112	NORTH AMERICA: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)	113 
TABLE 113	NORTH AMERICA: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	113 
9.2.2	US	114 
9.2.2.1	Presence of established manufacturers to fuel market growth	114 
9.2.3	CANADA	114 
9.2.3.1	Commitment to sustainability to fuel market growth	114 
9.2.4	MEXICO	114 
9.2.4.1	Increasing need for efficient manufacturing processes to drive market growth	114 
9.3	EUROPE	115 
FIGURE 44	EUROPE: X-RAY INSPECTION SYSTEM MARKET SNAPSHOT	115 
9.3.1	EUROPE: IMPACT OF RECESSION	116 
TABLE 114	EUROPE: X-RAY INSPECTION SYSTEM MARKET, BY COUNTRY, 2019–2022 (USD MILLION)	116 
TABLE 115	EUROPE: X-RAY INSPECTION SYSTEM MARKET, BY COUNTRY, 2023–2028 (USD MILLION)	116 
TABLE 116	EUROPE: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)	117 
TABLE 117	EUROPE: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	117 
9.3.2	UK	117 
9.3.2.1	Increasing public–private investments in technology sector to boost demand	117 
9.3.3	GERMANY	118 
9.3.3.1	Thriving automotive sector to offer lucrative opportunities to players	118 
9.3.4	FRANCE	118 
9.3.4.1	Developing EV market to boost demand	118 
9.3.5	ITALY	118 
9.3.5.1	Rising focus on food safety and quality control to drive market	118 
9.3.6	REST OF EUROPE	119 
9.4	ASIA PACIFIC	119 
FIGURE 45	ASIA PACIFIC: X-RAY INSPECTION SYSTEM MARKET SNAPSHOT	119 
9.4.1	ASIA PACIFIC: IMPACT OF RECESSION	120 
TABLE 118	ASIA PACIFIC: X-RAY INSPECTION SYSTEM MARKET, BY COUNTRY, 2019–2022 (USD MILLION)	120 
TABLE 119	ASIA PACIFIC: X-RAY INSPECTION SYSTEM MARKET BY COUNTRY, 2023–2028 (USD MILLION)	120 
TABLE 120	ASIA PACIFIC: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)	121 
TABLE 121	ASIA PACIFIC: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	121 
9.4.2	JAPAN	122 
9.4.2.1	Rising adoption of electric and hybrid vehicle to drive market	122 
9.4.3	CHINA	122 
9.4.3.1	Growing demand for comprehensive system solutions in industrial applications to drive market	122 
9.4.4	INDIA	123 
9.4.4.1	Rapid collaborations between government organizations and manufacturers to boost demand	123 
9.4.5	REST OF ASIA PACIFIC	123 
9.5	ROW	123 
9.5.1	ROW: IMPACT OF RECESSION	123 
TABLE 122	ROW: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2019–2022 (USD MILLION)	124 
TABLE 123	ROW: X-RAY INSPECTION SYSTEM MARKET, BY REGION, 2023–2028 (USD MILLION)	124 
TABLE 124	ROW: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2019–2022 (USD MILLION)	124 
TABLE 125	ROW: X-RAY INSPECTION SYSTEM MARKET, BY VERTICAL, 2023–2028 (USD MILLION)	125 
9.5.2	MIDDLE EAST & AFRICA	125 
9.5.2.1	Increasing investments in infrastructural development to boost demand	125 
9.5.3	SOUTH AMERICA	125 
9.5.3.1	Stringent government regulations to drive market	125 
10	COMPETITIVE LANDSCAPE	126 
10.1	OVERVIEW	126 
10.2	KEY STRATEGIES ADOPTED BY MAJOR PLAYERS	126 
TABLE 126	X-RAY INSPECTION SYSTEM MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS	126 
10.3	REVENUE ANALYSIS, 2018–2022	127 
FIGURE 46	REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2018–2022	127 
10.4	MARKET SHARE ANALYSIS, 2022	127 
TABLE 127	X-RAY INSPECTION SYSTEM MARKET SHARE ANALYSIS, 2022	128 
FIGURE 47	X-RAY INSPECTION SYSTEM MARKET SHARE ANALYSIS, 2022	128 
10.5	COMPANY EVALUATION MATRIX, 2022	130 
10.5.1	STARS	130 
10.5.2	EMERGING LEADERS	130 
10.5.3	PERVASIVE PLAYERS	130 
10.5.4	PARTICIPANTS	130 
FIGURE 48	X-RAY INSPECTION SYSTEM MARKET: COMPANY EVALUATION MATRIX, 2022	131 
10.5.5	COMPANY FOOTPRINT	132 
TABLE 128	COMPANY FOOTPRINT	132 
TABLE 129	TECHNOLOGY: COMPANY FOOTPRINT	133 
TABLE 130	VERTICAL: COMPANY FOOTPRINT	134 
TABLE 131	REGION: COMPANY FOOTPRINT	135 
10.6	START-UPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022	136 
10.6.1	PROGRESSIVE COMPANIES	136 
10.6.2	RESPONSIVE COMPANIES	136 
10.6.3	DYNAMIC COMPANIES	136 
10.6.4	STARTING BLOCKS	136 
FIGURE 49	X-RAY INSPECTION SYSTEM MARKET: START-UPS/SMES EVALUATION MATRIX, 2022	137 
10.6.5	COMPETITIVE BENCHMARKING	138 
TABLE 132	X-RAY INSPECTION SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES	138 
TABLE 133	X-RAY INSPECTION SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES, BY TECHNOLOGY	138 
TABLE 134	X-RAY INSPECTION SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES, BY VERTICAL	139 
TABLE 135	X-RAY INSPECTION SYSTEM MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES, BY REGION	139 
10.7	COMPETITIVE SCENARIOS AND TRENDS	140 
10.7.1	PRODUCT LAUNCHES	140 
TABLE 136	X-RAY INSPECTION SYSTEM MARKET: PRODUCT LAUNCHES, 2020−2023	140 
10.7.2	DEALS	143 
TABLE 137	X-RAY INSPECTION SYSTEM MARKET: DEALS, 2020–2023	143 
10.7.3	OTHERS	143 
TABLE 138	X-RAY INSPECTION SYSTEM MARKET: OTHERS, 2021–2023	143 
11	COMPANY PROFILES	144 
(Business overview, Products/Solutions/Services offered, Recent developments & MnM View)* 
11.1	KEY PLAYERS	144 
11.1.1	METTLER TOLEDO	144 
TABLE 139	METTLER TOLEDO: COMPANY OVERVIEW	144 
FIGURE 50	METTLER TOLEDO: COMPANY SNAPSHOT	145 
TABLE 140	METTLER TOLEDO: PRODUCTS/SOLUTIONS/OFFERED	146 
TABLE 141	METTLER TOLEDO: PRODUCT LAUNCHES	148 
11.1.2	NORDSON CORPORATION	150 
TABLE 142	NORDSON CORPORATION: COMPANY OVERVIEW	150 
FIGURE 51	NORDSON CORPORATION: COMPANY SNAPSHOT	151 
TABLE 143	NORDSON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED	152 
TABLE 144	NORDSON CORPORATION: DEALS	153 
11.1.3	COMET GROUP	155 
TABLE 145	COMET GROUP: COMPANY OVERVIEW	155 
FIGURE 52	COMET GROUP: COMPANY SNAPSHOT	156 
TABLE 146	COMET GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED	156 
TABLE 147	COMET GROUP: PRODUCT LAUNCHES	158 
11.1.4	ANRITSU	159 
TABLE 148	ANRITSU: COMPANY OVERVIEW	159 
FIGURE 53	ANRITSU: COMPANY SNAPSHOT	160 
TABLE 149	ANRITSU: PRODUCTS/SOLUTIONS/SERVICES OFFERED	160 
11.1.5	VISCOM AG	163 
TABLE 150	VISCOM AG: COMPANY OVERVIEW	163 
FIGURE 54	VISCOM AG: COMPANY SNAPSHOT	164 
TABLE 151	VISCOM AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED	164 
TABLE 152	VISCOM AG: PRODUCT LAUNCHES	165 
11.1.6	NORTH STAR IMAGING INC.	167 
TABLE 153	NORTH STAR IMAGING INC.: COMPANY OVERVIEW	167 
TABLE 154	NORTH STAR IMAGING INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED	167 
TABLE 155	NORTH STAR IMAGING INC.: PRODUCT LAUNCHES	168 
TABLE 156	NORTH STAR IMAGING INC.: OTHERS	168 
11.1.7	NIKON CORPORATION	169 
TABLE 157	NIKON CORPORATION: COMPANY OVERVIEW	169 
FIGURE 55	NIKON CORPORATION: COMPANY SNAPSHOT	170 
TABLE 158	NIKON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED	171 
TABLE 159	NIKON CORPORATION: PRODUCT LAUNCHES	172 
TABLE 160	NIKON CORPORATION: DEALS	172 
11.1.8	ISHIDA CO., LTD.	173 
TABLE 161	ISHIDA CO., LTD.: COMPANY OVERVIEW	173 
TABLE 162	ISHIDA CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED	173 
11.1.9	OMRON CORPORATION	175 
TABLE 163	OMRON CORPORATION: COMPANY OVERVIEW	175 
FIGURE 56	OMRON CORPORATION: COMPANY SNAPSHOT	176 
TABLE 164	OMRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED	177 
TABLE 165	OMRON CORPORATION: PRODUCT LAUNCHES	177 
11.1.10	TOSHIBA IT & CONTROL SYSTEMS CORPORATION	178 
TABLE 166	TOSHIBA IT & CONTROL SYSTEMS CORPORATION: COMPANY OVERVIEW	178 
TABLE 167	TOSHIBA IT & CONTROL SYSTEMS CORPORATION: PRODUCTS/ SOLUTIONS/SERVICES OFFERED	178 
11.1.11	GENERAL ELECTRIC	180 
TABLE 168	GENERAL ELECTRIC: COMPANY OVERVIEW	180 
FIGURE 57	GENERAL ELECTRIC: COMPANY SNAPSHOT	181 
TABLE 169	GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED	181 
11.1.12	SMITHS GROUP PLC	182 
TABLE 170	SMITHS GROUP PLC: COMPANY OVERVIEW	182 
FIGURE 58	SMITHS GROUP PLC: COMPANY SNAPSHOT	183 
TABLE 171	SMITHS GROUP PLC: PRODUCTS/SOLUTIONS/OFFERED	184 
TABLE 172	SMITHS GROUP PLC: PRODUCT LAUNCHES	184 
TABLE 173	SMITHS GROUP PLC: DEALS	185 
*Details on Business overview, Products/Solutions/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies. 
11.2	OTHER KEY PLAYERS	186 
11.2.1	VJTECHNOLOGIES	186 
11.2.2	3DX-RAY	187 
11.2.3	VISICONSULT GMBH	188 
11.2.4	CREATIVE ELECTRON	189 
11.2.5	GLENBROOK TECHNOLOGIES	189 
11.2.6	SCIENSCOPE	190 
11.2.7	CASSEL MESSTECHNIK GMBH	190 
11.2.8	SESOTEC GMBH	191 
11.2.9	WELLMAN X-RAY SOLUTION CO., LTD	192 
11.2.10	MARS TOHKEN SOLUTION CO. LTD	193 
11.2.11	RAD SOURCE TECHNOLOGIES	193 
11.2.12	MANNCORP INC.	194 
11.2.13	MINEBEA INTEC GMBH	194 
11.2.14	TECHIK INSTRUMENT (SHANGHAI) CO., LTD.	195 
11.2.15	MESUTRONIC GMBH	195 
12	ADJACENT MARKET	196 
12.1	INTRODUCTION	196 
12.2	SURFACE MOUNT TECHNOLOGY MARKET, BY END USER INDUSTRY	196 
TABLE 174	SURFACE MOUNT TECHNOLOGY MARKET, BY END USER INDUSTRY, 2019–2022 (USD MILLION)	196 
TABLE 175	SURFACE MOUNT TECHNOLOGY MARKET, BY END USER INDUSTRY, 2023–2028 (USD MILLION)	197 
12.3	CONSUMER ELECTRONICS	197 
12.3.1	GROWING DEMAND FOR MINIATURIZATION OF CONSUMER ELECTRONICS TO BOOST DEMAND	197 
TABLE 176	CONSUMER ELECTRONICS: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION)	198 
TABLE 177	CONSUMER ELECTRONICS: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION)	198 
12.4	TELECOMMUNICATIONS	199 
12.4.1	EMERGENCE OF WIRELESS COMMUNICATION TECHNOLOGIES TO FOSTER SEGMENTAL GROWTH	199 
TABLE 178	TELECOMMUNICATIONS: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION)	199 
TABLE 179	TELECOMMUNICATIONS: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION)	200 
  
12.5	AEROSPACE & DEFENSE	200 
12.5.1	RISING DEMAND FOR HIGH-QUALITY ELECTRONIC COMPONENTS	200 
TABLE 180	AEROSPACE & DEFENSE: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION)	200 
TABLE 181	AEROSPACE & DEFENSE: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION)	201 
12.6	AUTOMOTIVE	201 
12.6.1	EXPANDING ELECTRIC VEHICLE (EV) MARKET TO BOOST DEMAND	201 
TABLE 182	AUTOMOTIVE: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION)	202 
TABLE 183	AUTOMOTIVE: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION)	202 
12.7	MEDICAL	202 
12.7.1	RISING DIGITIZATION IN MEDICAL INDUSTRY TO DRIVE MARKET	202 
TABLE 184	MEDICAL: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION)	203 
TABLE 185	MEDICAL: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION)	203 
12.8	INDUSTRIAL	204 
12.8.1	INCREASING ADOPTION OF AUTOMATION TECHNOLOGIES TO STRENGTHEN MARKET GROWTH	204 
TABLE 186	INDUSTRIAL: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION)	204 
TABLE 187	INDUSTRIAL: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION)	205 
12.9	ENERGY AND POWER SYSTEMS	205 
12.9.1	RISING ELECTRICITY CONSUMPTION TO BOOST DEMAND	205 
TABLE 188	ENERGY & POWER SYSTEMS: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2019–2022 (USD MILLION)	206 
TABLE 189	ENERGY & POWER SYSTEMS: SURFACE MOUNT TECHNOLOGY MARKET, BY REGION, 2023–2028 (USD MILLION)	206 
13	APPENDIX	207 
13.1	DISCUSSION GUIDE	207 
13.2	KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL	210 
13.3	CUSTOMIZATION OPTIONS	212 
13.4	RELATED REPORTS	212 
13.5	AUTHOR DETAILS	213 
 |