Global Industrial Radiography Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Imaging Technique;

Film-Based Radiography and Digital Radiography - Direct Radiography, Computed Radiography, and Computed Tomography.

By Application;

Aerospace & Defense, Automotive & Transportation, Electronics, Manufacturing, Oil & Gas, and Other Applications.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn714608494 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Industrial Radiography Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Industrial Radiography Equipment Market was valued at USD 1,444.52 million. The size of this market is expected to increase to USD 2,540.56 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.4%.

The global industrial radiography equipment market is experiencing significant growth, driven by the increasing demand for non-destructive testing (NDT) and quality assurance across various industries. Radiography equipment is crucial for inspecting the integrity of materials and structures without causing damage, making it an essential tool in sectors such as oil and gas, aerospace, automotive, manufacturing, and construction. As industries prioritize safety and product reliability, the use of industrial radiography equipment has become indispensable for detecting internal flaws, structural defects, and other issues that could affect performance.

Technological advancements in radiography equipment are propelling the market forward. The development of digital radiography (DR) and computed tomography (CT) has enhanced the precision, speed, and efficiency of inspections. These innovations allow for higher resolution imaging, quicker results, and easier interpretation of data. Additionally, portable and more user-friendly systems are becoming increasingly popular, enabling inspections in remote locations and improving the accessibility of radiography services. The ongoing evolution of radiography technology is making it more cost-effective and attractive to a wider range of industries, further driving market growth.

The market is also seeing regional variation in adoption, with North America and Europe leading in terms of market share. These regions have well-established industrial bases, stringent quality control regulations, and advanced infrastructure, fostering the widespread use of industrial radiography equipment. However, the Asia-Pacific region is witnessing rapid growth, driven by expanding industrialization in countries such as China and India. The growing manufacturing sector and increased focus on infrastructure development in these countries are creating significant demand for radiography equipment. As industries across the globe continue to embrace non-destructive testing methods, the market for industrial radiography equipment is expected to continue its upward trajectory.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Imaging Technique
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Industrial Radiography Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Regulatory Compliance and Quality Assurance

        2. Technological Advancements in Imaging Systems

        3. Increasing Adoption of Non-Destructive Testing (NDT) Solutions

        4. Growth in Infrastructure and Construction Projects

      2. Restraints
        1. High Initial Investment Costs

        2. Stringent Regulatory Requirements

        3. Limitations in Resolution and Imaging Quality

        4. Concerns Regarding Radiation Exposure and Safety

      3. Opportunities
        1. Expansion in Emerging Markets

        2. Integration of Artificial Intelligence (AI) and Machine Learning (ML) in NDT

        3. Development of Portable and Wireless Radiography Solutions

        4. Increasing Focus on Industry 4.0 and Smart Manufacturing

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitve Rivalry
  5. Market Segmentation
    1. Global Industrial Radiography Equipment Market, By Imaging Technique, 2021 - 2031 (USD Million)
      1. Film-Based Radiography
      2. Digital Radiography
        1. Direct Radiography
        2. Computed Radiography
        3. Computed Tomography
    2. Global Industrial Radiography Equipment Market, By Application, 2021 - 2031 (USD Million)
      1. Aerospace & Defense
      2. Automotive & Transportation
      3. Electronics
      4. Manufacturing
      5. Oil & Gas
    3. Global Industrial Radiography Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Fujifilm Corporation
      2. COMET Group
      3. NOVO DR Ltd
      4. Shimadzu Corporation
      5. General Electric
      6. Nikon Corporation
      7. Anritsu Corporation
      8. Teledyne Technologies Incorporated
      9. North Star Imaging
  7. Analyst Views
  8. Future Outlook of the Market