The X-ray inspection system market was valued at USD 545.0 Million in 2016 and is expected to reach USD 860.5 Million by 2023, at a CAGR of 6.51% during the forecast period. In 2016, this market was dominated by North Star Imaging, Inc. (US), Nikon Metrology NV (Belgium), Nordson DAGE (UK), YXLON International GmbH (Germany), VJ Group, Inc. (US), 3DX-RAY Ltd. (UK), VisiConsult X-ray Systems & Solutions GmbH (Germany), Smiths Detection, Inc. (UK), Mettler-Toledo International Inc. (Switzerland), and General Electric Co.(US).
North Star Imaging, Inc. (US) was ranked first in the X-ray inspection system market in 2016. North Star Imaging, Inc. (US) is one of the leading players involved in design, manufacture, and supply of digital nondestructive testing (NDT) equipment and accessories. The X-ray inspection system portfolio of the company includes various 2D digital radiography X-ray inspection systems, X-ray metrology computed tomography (CT) systems, X-ray sources and X-ray detectors, and 3D X-ray CT inspection systems. The company offers X-ray inspection products for various industries such as aerospace, defense, medical device, automotive, and manufacturing. The company focuses on the organic strategy of product launches to strengthen its position in the X-ray inspection system market. For instance, in May 2017, the company launched 2 new products-X3000 and robotiX. X3000 is a direct radiography (DR) and computed tomography (CT) X-ray system with the cabinet dimensions of 103.5 cm width and 51.9 cm depth for a compact device, and robotiX is an add-on device that can be integrated with the existing and standard X-ray and CT systems for efficient working of systems while loading and unloading of new parts.
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Nikon Metrology NV (Belgium) was ranked second in the X-ray inspection system market in 2016. Nikon Metrology NV is engaged in the design, manufacture, and sales of measuring and inspection products. Nikon Metrology NV offers various X-ray inspection solutions, which include CT, configurable X-ray CT systems, metrology-CT (MCT), electronics inspection, X-ray sources, X-ray CT inspection services, and software. Nikon Metrology NV has large industry coverage as it caters to the automotive, aerospace, medical, and electronics industries; universities/research/other institutions; and material analysis application. Moreover, the company focuses on process optimization and increasing productivity, as well as catering to the changing needs of customers. For instance, in April 2016, it opened a new office with the aim to cater to the increasing demand for CT and X-ray systems in Mexico.
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