Digital Radiography Segment to Dominate North America Industrial Radiography Market during 2019–2028

According to a new market research study on “North America Industrial Radiography Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Technique and End-User Industry,” is expected to reach US$ 342.26 million by 2028 from US$ 209.43 million in 2021. The market is estimated to grow at a CAGR of 7.3% from 2021 to 2028. The report provides trends prevailing in the North America industrial radiography market along with the drivers and restraints pertaining to the market growth. Increasing importance for border security is the major factor driving the growth of the North America industrial radiography market. However, radiation hazards, government regulations, and lack of high skilled labour may hinder the growth of North America industrial radiography market.

In North America, the US recorded the largest number of COVID-19 cases, with more than 20 million cases. In addition, California, Texas, Florida, and New York are among the majorly affected areas in the country. The federal government in the country did not impose nationwide lockdown in 2020. However, the governors of a few states decided to impose lockdown in their respective states. The lockdown hindered the operations of various industries, including manufacturing and aerospace. However, essential industries, such as fast-moving consumer goods (FMCG) and pharmaceutical, had to continue their operations. North America dominated the industrial radiography market owing to the presence of the world's largest aerospace sector in the US and the large automotive industry in Mexico, where radiography is widely used. Companies are increasingly focusing on decreasing radiation-related dangers and favoring portable solutions, prompting them to rethink their product line. The impact of the COVID-19 pandemic on the market was not only from the demand side but also from the supply side. Since manufacturing facilities in the region were not operational for months, supply chain was disrupted as well as the procurement of raw material was interrupted. Due to this, OEMs saw prominent challenge in keeping up with the quarterly revenue. Therefore, the COVID-19 pandemic has a negative impact on the industrial radiography market in the major North American countries.

The North America 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 North America 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 North America industrial radiography market. Based on country, the market is segmented into US, Canada, and Mexico. In 2020, the US held the largest share North America 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 North America 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, ZEISS Applies Artificial Intelligence to 3D X-ray Microscope Reconstruction Technologies.