Report : Asia-Pacific Industrial Radiography Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technique (Film-Based Radiography and Digital Radiography) and End-User Industry (Manufacturing, Aerospace, Automotive and Transportation, Power Generation, Petrochemical and Gas, and Others)

Digital Radiography segment to Dominate APAC Industrial Radiography Market during 2019–2028

According to a new market research study on “APAC Industrial Radiography Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Technique and End-User Industry,” is expected to reach US$ 236.05 million by 2028 from US$ 123.83 million in 2021. The market is estimated to grow at a CAGR of 9.7% from 2021 to 2028. The report provides trends prevailing in the APAC industrial radiography market along with the drivers and restraints pertaining to the market growth. Integration of AI and ML is the major factor driving the growth of the APAC industrial radiography market. However, radiation hazards, government regulations, and lack of high skilled labour may hinder the growth of APAC industrial radiography market.

Asia-Pacific constitutes the world’s two most populated countries—India and China—that are also manufacturing hubs. China virtually imposed strict lockdown and social isolation due to the COVID-19 outbreak, which almost halted the manufacturing and production for several weeks. Moreover, the country suspended the import and export of critical raw materials and components in early 2020. India also imposed a nationwide lockdown to keep a check on the growing COVID-19 cases across the country. As a result, lockdown, and disruption of industrial activities across China and India restricted the supply chain of various raw material and goods. However, these countries had to permit the manufacturing of a few essential goods. Additionally, the industries have begun to recover from the impact of the pandemic. Due to significant breakthroughs and technological innovations in manufacturing industries, the industrial radiography market in APAC is quickly expanding. Because of the region's developing manufacturing sector, industrial radiography systems are widely used. The industrial radiography market in this region is being driven by the adoption of automation in production and increasing infrastructural growth in countries such as India and China. As several countries in APAC are active in the construction of defense aircraft, the aerospace & defense sector also contribute to the growth of the industrial radiography market. The COVID-19 pandemic has a negative impact on the industrial radiography market in major APAC countries.

The APAC industrial radiography market is segmented on the basis of technique, end-user industry, and country. Based on technique, the market is bifurcated into digital radiography and film-based radiography. In 2020, the digital radiography segment held the largest share APAC industrial radiography market. By end-user industry, the market is segmented into petrochemical and gas, power generation, manufacturing, aerospace, automotive & transportation, and others. In 2020, the automotive & transportation segment held the largest share APAC industrial radiography market. Based on country, the market is segmented into Australia, China, India, Japan, South Korea, and rest of APAC. In 2020, China held the largest share APAC industrial radiography market. 

Anritsu, Comet Group, Fujifilm Corporation, GENERAL ELECTRIC, METTLER TOLEDO, Nikon Corporation, SHIMADZU CORPORATION, and ZEISS International are among the leading companies in the APAC industrial radiography market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, 3DX-RAY and ATEK secure first portable X-RAY systems sale to Australia.

Contact Us
Contact Person: Sameer Joshi 
Phone: +1-646-491-9876

Download Free PDF Brochure