Industrial Computed Tomography Market Size Worth $765.8 Million By 2028: Grand View Research, Inc.

Industrial Computed Tomography Market Size Worth $765.8 Million By 2028: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, July 12, 2021

SAN FRANCISCO, July 12, 2021 /PRNewswire/ -- The global industrial computed tomography market size is expected to reach USD 765.8 million by 2028, registering a CAGR of 7.5% from 2021 to 2028, according to a new report by Grand View Research, Inc. The increasing use of CT scanners in industries, such as automotive, electronics, oil & gas, and aerospace among several others, is anticipated to boost the market growth over the forecast period. Moreover, a rise in the demand for advanced electronics is expected to support market growth.

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Key Insights & Findings:

Read 80 page market research report, "Industrial Computed Tomography Market Size, Share & Trends Analysis Report By Offering (Equipment, Services), By Vertical (Oil & Gas, Electronics), By Application, By Region, And Segment Forecasts, 2021 - 2028', by Grand View Research.

Industrial computed tomography systems are increasingly being used for inspecting and testing the internal and external structure & design of various complex parts and components without destructing/disassembling the product. Additive manufacturing technology is increasingly being used for the production of multiple complex parts and structures. Therefore, to inspect the product's conformity with the original CAD designs, industrial CT scanners are used to determine the structure, dimensions, design, and tolerance of these products without altering their structure/form.

The benefits offered by industrial CT scanners, including manufacturing cost reduction, improved product design, and performance, as well as reduced product failure instances, are also expected to boost their adoption amongst the manufacturers. Moreover, these scanners provide high-quality inspection images that ease the inspection process and provide detailed information about the product under examination. Furthermore, assembly analysis is increasingly being done using the industrial computed tomography systems in the automotive industry that does not require the assembled systems to be disassembled for inspection. These benefits are expected to drive market growth over the forecast period.

Grand View Research has segmented the global industrial computed tomography market on the basis of offering, application, vertical, and region:

List of Key Players of Industrial Computed Tomography Market

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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