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The Industrial Computed Tomography Equipment Market is projected to grow by USD 147.3 million from 2024-2028, driven by rising demand from the oil and gas industry – Technavio

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NEW YORK, Sept. 10, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global industrial computed tomography equipment market  size is estimated to grow by USD 147.3 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 8.46%  during the forecast period. Renewed demand from the oil and gas industry is driving market growth, with a trend towards rising demand for portable radiography equipment. However, high cost of industrial computed tomography equipment  poses a challenge. Key market players include Avonix Imaging, Baker Hughes Co., Blue Star Ltd., Bruker Corp., Carl Zeiss AG, Comet Yxlon GmbH, CyXplus SAS, Dandong Aolong Radiative Instrument Group Co. Ltd., General Electric Co., Nikon Corp., North Star Imaging Inc., OMRON Corp., Pinnacle X ray Solutions Inc., ProCon X Ray GmbH, Rigaku Corp., RX Solutions, Shanghai Eastimage Equipment Co. Ltd., Shimadzu Corp., VJ Group Inc., and Werth Messtechnik GmbH.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Flaw detection and inspection, Assembly analysis, Failure analysis, and Others), End-user (Automotive, Aerospace, Electronics, Oil and gas, and Others), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

Region Covered

APAC, Europe, North America, South America, and Middle East and Africa

Key companies profiled

Avonix Imaging, Baker Hughes Co., Blue Star Ltd., Bruker Corp., Carl Zeiss AG, Comet Yxlon GmbH, CyXplus SAS, Dandong Aolong Radiative Instrument Group Co. Ltd., General Electric Co., Nikon Corp., North Star Imaging Inc., OMRON Corp., Pinnacle X ray Solutions Inc., ProCon X Ray GmbH, Rigaku Corp., RX Solutions, Shanghai Eastimage Equipment Co. Ltd., Shimadzu Corp., VJ Group Inc., and Werth Messtechnik GmbH

Key Market Trends Fueling Growth

Portable industrial computed tomography (CT) equipment is increasingly preferred by businesses in industries like oil and gas, automotive, and aerospace. The equipment’s mobility allows for inspections at various locations and positions, making it particularly useful for industries with geographically dispersed assets. In oil and gas, a single CT system can serve multiple rigs and pipeline points. Companies such as Bruker, ProCon X-Ray GmbH, and Nikon provide portable CT solutions. Bruker’s SKYSCAN 1174 and ProCon X-Ray’s CT-PORTABLE models cater to small objects and various materials. These compact, portable systems reduce testing expenses by enabling inspections at vendors’ locations, thereby eliminating high installation costs. This trend is anticipated to fuel the growth of the global industrial CT equipment market.

The Industrial Computed Tomography (CT) Equipment Market is experiencing significant growth due to increasing adoption of advanced software solutions, artificial intelligence, and machine learning in image reconstruction and visualization tools. Industrial CT solutions are becoming essential for industries like aerospace and defense, nuclear power, and MRO processes, where precise dimensional analysis and failure analysis are crucial. Companies like Cyient, Collins Aerospace Systems, and Exact Metrology are leading the way with innovative CT scanning technology. However, challenges such as compatibility issues, image resolution, noise reduction, and artifacts persist. Safety concerns and data management are also key considerations. The market is witnessing educational initiatives to raise awareness and build technical expertise. Key players are investing in 3D metrology, fan-beam CT, cone-beam CT, and non-destructive testing for applications in aircraft parts, materials, and additive manufacturing. GDF Suez, Areva, McLaren, and the defense sector are also adopting CT technology for various applications.

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Market Challenges

Industrial computed tomography (CT) equipment is utilized by product manufacturers to ensure quality and safety in their production processes. OEMs in the automotive and aerospace industries are particularly interested in CT equipment due to its potential to enhance inspection quality and productivity, while reducing maintenance and ownership costs. However, the high cost of industrial CT systems, which can range from USD300,000 to over USD1,200,000 for advanced models, poses a significant challenge for small- and medium-sized enterprises (SMEs). These enterprises may find it difficult to justify the investment due to longer return on investment timelines. In contrast, medical CT equipment, which ranges from USD60,000 to USD300,000, is more affordable and accessible for a wider range of end-users. Despite the benefits, the high cost of industrial CT equipment may hinder market growth, particularly for SMEs in cost-sensitive industries.The Industrial Computed Tomography (CT) Equipment Market is witnessing significant growth due to increasing demand from various sectors like Aerospace and Defense, Automotive, Electronics, Nuclear Power, and MRO processes. CT scanning technology is essential for flaw detection and quality assurance in these industries. Companies like Cyient and Collins Aerospace Systems are leading providers of CT scanning services and equipment. Additive manufacturing and Industrial X-ray are key applications driving the market. CT systems help in non-destructive testing of aircraft parts, nuclear fuel rods, and electronic components. High-precision, high-resolution 3D imaging enables detection of even the smallest defects or faults, ensuring product quality and safety. Major players focus on innovation to meet safety standards and offer advanced services. For instance, McLaren uses CT scanning for automotive racing car engine analysis. GDF Suez, Areva, and Defense industries use CT systems for nuclear fuel inspection. CT scanners provide 3D visualization of internal structures, revealing material properties and structural flaws. The Equipment, Services, and Inspection sectors benefit from this technology, ensuring reliability and precision in their offerings.

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Segment Overview 

This industrial computed tomography equipment market report extensively covers market segmentation by

Application 1.1 Flaw detection and inspection1.2 Assembly analysis1.3 Failure analysis1.4 OthersEnd-user 2.1 Automotive2.2 Aerospace2.3 Electronics2.4 Oil and gas2.5 OthersGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Flaw detection and inspection-  The Industrial Computed Tomography (CT) Equipment market is experiencing steady growth due to increasing demand from various industries such as automotive, aerospace, and pharmaceuticals. CT equipment provides detailed, three-dimensional images of internal structures, enhancing product design, quality control, and diagnostic capabilities. Companies invest in this technology to improve efficiency, reduce costs, and gain a competitive edge. Market leaders include GE Healthcare, Siemens Healthineers, and Philips Healthcare.

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Research Analysis

Industrial Computed Tomography (CT) equipment is revolutionizing non-destructive testing and inspection in various industries, including aerospace and defense, automotive, electronics, and MRO processes. CT scanning technology, also known as Industrial X-ray, utilizes high-energy radiation to produce cross-sectional images of complex structures, enabling flaw detection and quality assurance in aircraft parts, materials, and components. This technology is essential for safety and product quality in industries where precision and defect-free production are critical. Companies like Cyient and Collins Aerospace Systems are at the forefront of implementing CT scanning technology in the aerospace sector for flaw detection and material analysis. Areva, in the defense sector, also uses CT scanners for quality control and safety inspections. The electronics sector benefits from CT scanning for precision inspection of intricate components, while the automotive sector uses it for analyzing engine parts and assembly lines. Overall, CT scanning technology is a game-changer in the inspection sector, contributing significantly to the equipment and services sectors.

Market Research Overview

Industrial Computed Tomography (CT) equipment is revolutionizing non-destructive testing and inspection in various industries, including aerospace and defense, automotive, electronics, nuclear power, and MRO processes. CT scanning technology uses high-resolution X-ray technology to create 3D images of internal structures, enabling the detection of even the smallest defects, flaws, and faults. Industrial CT systems provide precision, reliability, and safety, ensuring product quality and adherence to safety standards. The adoption of CT scanning technology is increasing due to awareness, educational initiatives, and the availability of advanced software solutions, including image reconstruction, visualization tools, and machine learning algorithms. However, challenges such as compatibility issues, image resolution, noise reduction, artifacts, safety issues, and data management remain. Industrial CT solutions are used in industries like aerospace and defense for flaw detection in aircraft parts, materials, and components. In the nuclear power sector, CT scanning is used for failure analysis, assembly analysis, and dimensional analysis. The automotive sector uses CT scanning for quality assurance, while the electronics sector benefits from its use in 3D metrology and material properties analysis. Industrial CT systems are essential for safety, quality control, and product development in various industries, including Cyient, Collins Aerospace Systems, McLaren, GDF Suez, Areva, and defense organizations. The use of CT scanning technology in the inspection sector is transforming the equipment and services sectors by providing high-precision, non-destructive testing and inspection solutions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationFlaw Detection And InspectionAssembly AnalysisFailure AnalysisOthersEnd-userAutomotiveAerospaceElectronicsOil And GasOthersGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Passive Bitcoin Income: The Best Cloud Mining Platforms for Reliable Earnings

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A guide to short-term Bitcoin mining, featuring BitFuFu, ZT Mining, and Hashing24 for flexible contracts and quick profits.

READING, England, Dec. 24, 2024 /PRNewswire-PRWeb/ — Engaging in bitcoin mining presents an accessible and potentially lucrative venture for those intrigued by digital currencies but reluctant to endure the complexities and long timelines associated with traditional investment routes.

Short-term mining contracts are popular among beginners as they look to improve their understanding of the market. These contracts range from as brief as a day to several months, offering immediate entry into the mining scene without the long-term entanglements.

The appeal of short-term bitcoin mining is magnified by the ease of access to these services. Legit cloud mining platforms give individuals the opportunity to lease mining power remotely and eliminate traditional obstacles such as acquiring and maintaining hardware. Investors simply select a mining plan that aligns with their financial objectives and risk tolerance, and the platform handles the operational complexities

BitFuFu Cloud Mining

BitFuFu offers a diverse range of contracts, from short to medium-term, tailored to different risk appetites and investment levels. For those looking for quick, low-risk ventures, the Easy Mining plans range from 3 to 50 days, with a starting investment as low as . These plans are ideal for newcomers wanting to dip their toes in mining without significant upfront costs. For example, the Easy Mining 3 Days plan, with an estimated acquisition cost of 5,602.2, starts investments at , promising a low-risk and low-return profile.

On the other hand, BitFuFu’s Pro Mining contracts target more seasoned miners looking for higher returns, albeit with higher risks. The Pro Mining S19 XP 30 Days plan, for instance, boasts a 107.48% return, indicative of the lucrative possibilities for those willing to invest more heavily in their mining endeavors.

ZT Mining

ZT Mining lets you mine over ten different cryptocurrencies like Bitcoin, Dogecoin, Monero, and Zcash. This means you can pick and choose and not just stick to one kind, making it fun to try out different ones. They also make sure everything is super safe. They use special security to protect your information and have strong defenses against online attacks, so everything runs smoothly without any interruptions.

ZT Mining is really cool because it has lots of different mining contracts that can last just a day or even longer, so you can see how much money you can make in a short time or a bit longer. They have a special starter package for only $35, and it’s just for one day. If you try this, you’ll get $36 back the next day, which means you make a $1 profit.

That’s pretty awesome for just a day’s work, right? Plus, if you feel like going bigger, they have longer plans where you can earn a lot more money, like the 15-day plan for mining Dogecoin that can make you thousands in profit!

Hashing24

Hashing24 makes it easy to get into bitcoin mining with its straightforward contracts that last anywhere from 3 to 24 months. Every contract has a steady hash rate of 60 MH/s, perfect for those who want a predictable and simple mining experience.

For those just starting out or looking for a short-term investment, Hashing24’s 3-Month Plan is a great entry point. It’s priced at $22.20 and offers an estimated mining return of $22.21, essentially allowing you to make back your initial investment quickly. It is ideal for testing the waters of cloud mining without committing to a long-term plan.

Investors aiming for substantial long-term gains will find the 24-Month Plan an excellent option. Priced at $111.60, it offers a projected return of 159%, appealing to those prepared to commit to a longer investment period for significant earnings.

Conclusion

Picking the right cloud mining platform is super important if you want to make money with Bitcoin without doing much work. Platforms like BitFuFu, ZT Mining, and Hashing24 have different plans that last for various times and cost different amounts of money. This means you can find one that fits what you’re comfortable with, whether you’re just getting started with cryptocurrency or you want to make a lot of money. By choosing the best plan for you, you can make your money work for you and watch as it grows over time.

Media Contact

Nancy.Delia, ZT CLOUD SERVICES LIMITED, 44 7301463290, support@ztmining.com, https://ztmining.vip

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SOURCE ZT Mining

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CATL Launches the Bedrock Chassis That Withstands 120 km/h Impact Without Catching Fire or Exploding

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NINGDE, China, Dec. 24, 2024 /CNW/ — On December 24th, CATL officially launched the CATL Bedrock Chassis, the world’s first ultra-safe skateboard chassis. With its outstanding performance of withstanding 120 km/h frontal impact without catching fire or exploding, CATL’s Bedrock Chassis sets a new standard for intelligent chassis safety, providing comprehensive protection across all scenarios and speed ranges.

Lead the industry with the most stringent safety tests

With the battery-centered design, CATL’s Bedrock Chassis utilizes Cell-to-Chassis integration technology, which directly integrates the battery cells into the chassis, allowing for a shared structural design between them. And based on the decoupling of the chassis from the upper body, the Bedrock Chassis is capable of absorbing 85% of the vehicle’s collision energy (compared to around 60% absorbed by traditional chassis).

Through various technological breakthroughs, the Bedrock Chassis successfully passed the world’s first “highest speed + strongest impact” dual extreme safety test. This achievement enables the chassis to pass the 120 km/h frontal central pole impact test without catching fire, exploding or thermal runway, redefining the benchmark for safety in the industry.

Currently, the speed for frontal impact safety test in the commonly used C-NCAP (China New Car Assessment Program) is 56km/h, which, when experiencing a frontal impact at this speed, generates collision energy equivalent to falling from 12-meter-high building. In comparison, a frontal impact at 120km/h is equivalent to falling from a 56-meter-high building, generating a collision energy 4.6 times that of collision at 56km/h.

In more stringent frontal pole crash tests, which simulate crashes with non-standard objects such as power poles, large trees, or animals, the impact area is only 1/6 of that in a full-width frontal impact, exponentially increasing impact pressure. At a speed of 120km/h, the impact pressure on the chassis per unit area in a frontal central pole impact is 21 times that of the 56 km/h full-width frontal impact in C-NCAP testing.

Due to the extremely high crash speed and intensity, there has been no previous instance of any new energy vehicle daring to challenge a 120km/h frontal pole impact test. With this extreme challenge, CATL’s Bedrock Chassis has blazed a fresh trail for the industry.

Open the era of ultra-safe transportation through three technological breakthroughs

CATL’s Bedrock Chassis has delved deep into the realm of structure and material innovation, leveraging three technological breakthroughs to provide unparalleled protection in all scenarios and speed ranges, ensuring rock-solid safety for the entire vehicle.

The CATL Bedrock Chassis introduces a revolutionary three-dimensional biomimetic tortoise shell structure, where the body and energy unit framework are integrated, deeply coupled to provide the energy unit with indestructible protection. And its aircraft carrier-grade arresting structure disperses impact forces across multiple pathways during a crash, gradually decelerating the vehicle and significantly reducing the depth and speed at which obstacles intrude the cabin. The utilization of submarine-grade hot-formed steel with a strength of 2000MPa, aerospace-grade aluminum alloy with a strength of 600MPa, and multiple barrier structures further enhance the chassis’ rigidity, making it virtually impervious.

Moreover, the CATL Bedrock Chassis incorporates an ultra-safe battery cell design, NP technology, and a high-ductility energy-absorbing insulation film, leading the industry in a groundbreaking manner. In terms of high-voltage disconnection, it achieves instantaneous disconnection of high voltage circuit within 0.01 seconds of impact and completes the discharge of residual high-voltage energy in the vehicle within 0.2 seconds, setting a new industry record.

Notably, the battery cells have undergone highly demanding tests, including high-speed sled impact tests at 60 km/h, 90-degree bending tests, and breakthrough sawing tests, the battery did not catch fire or explode across all three tests. These tests, all industry-firsts by CATL, have elevated the safety standards of battery cells to new heights.

Unlocking the era of customization, and activating a trillion-yuan market

The launch of the Bedrock Chassis not only redefines the standard for intelligent chassis safety but also activates a trillion-yuan market. It greatly accelerates the shift towards modular, personalized, and intelligent automotive design.

Addressing the common pain points of high investment, long development cycles, and accelerated product iteration in the industry, the Bedrock Chassis incorporates three core characteristics: internal integration, decoupling of the chassis from the upper body, and external openness. With a rich array of toolkits and solution packages, it offers a scalable software and hardware architecture and standardized interfaces, enabling flexible configurations for different vehicle models and scenarios. This allows the realization of a “one chassis architecture, multiple vehicle models” concept and significantly improves development efficiency and shortens the R&D cycle. The time required for mass production of a vehicle is reduced from the traditional 36 months or longer to 12 to 18 months.

Furthermore, the Bedrock Chassis breaks the limits of safety and modeling, and expands design flexibility through the design of decoupling of the chassis from the upper body. The fourth-generation Cell-to-Chassis (CTC) technology and inverted battery cell technology enhance the utilization of chassis space while reducing the risk of chassis scraping. Additionally, in terms of intelligence, the chassis supports mechanical decoupling, software decoupling and EE decoupling, enabling L3 to L4 intelligent driving capabilities. It provides high adaptability interfaces and promotes collaborative intelligent applications.

At the launch ceremony, AVATR, the first automaker to use Bedrock Chassis, and CAIT-SH, CATL’s skateboard chassis arm, signed an agreement to deepen cooperation on CATL’s Bedrock Chassis to create a safer, higher-quality travel experience for users.

Safety is a never-ending journey. In the future, CATL will continue to break technological barriers through continuous innovation, and work with partners to build a safe ecosystem for EV batteries and vehicles, safeguarding the safety of users.

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SOURCE Contemporary Amperex Technology Co., Limited (CATL)

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Live Good: A Journey of Courage, Education and Purpose

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Live Good is the realization of one individual’s inspiring vision to create something meaningful to share with the world.

IRVINE, Calif., Dec. 24, 2024 /PRNewswire/ — Founded on the principles of time, education and a sense of purpose, Live Good aspires to empower individuals through access to transformative learning opportunities.

“When I finally found the courage to create Live Good, I wanted it to embody the values and principles that I find meaningful,” said Jennifer Chi, founder of Live Good. “To me, the most precious resource in life is time. The time you spend can never be reclaimed. If I was going to spend all this time and energy on something, it had to be something I deeply believed in.”

The second cornerstone of Live Good is education. Drawing from personal experiences, Jennifer emphasizes education as a life-changing force. Books became vital growing up, opening windows to new perspectives and worlds. “My favorite book as a child was Little House on the Prairie by Laura Ingalls Wilder,” Jennifer shared. “It may have been a simple book about a girl living in the 1800s learning how to cook and do chores to help her family, but now I understand how incredible it was that a little girl living back then even knew how to read and write. She had the foresight to understand that writing about her life on the prairie, however simple it seemed, might be of some importance in the future. And she had the courage to publish her own words.”

Recognizing the transformative power of education and the impact of mentorship, Live Good prioritizes access to education as a central mission. “My love for reading and curiosity for learning became a lifeline,” Jennifer added. “I was blessed with teachers who saw potential in a very quiet and shy little girl. Live Good is my way of giving others the same opportunities that once gave me a little spark inside and a pathway forward.”

Through innovative programs and partnerships, Live Good aims to make education accessible and foster growth and resilience. It’s more than an initiative—it’s a testament to the belief that every moment spent on meaningful endeavors can ripple out to create a brighter future for others.

Live Good proudly aligns with educational models, such as Capstone Programs in the University of California (UC) school system. These programs serve as a bridge between academic learning and real-world application, embodying the mission of Live Good by fostering life-changing learning experiences.

Other educational initiatives focus on collaborating with Women in Information and Computer Sciences within the UC system to create programs that empower women through high-tech training. Additionally, Live Good offers a mentorship program for at-risk youth from schools spanning San Francisco to Southern California to foster college admission and equip students with the skills they need to realize their dreams.

For more information about Live Good Inc, and to sign up for their newsletter, visit Live Good Inc. Follow on Instagram, Facebook and Threads.

Contact:
Adrienne Johnson
***@gmail.com

Photos:
https://www.prlog.org/13053993

Press release distributed by PRLog

View original content:https://www.prnewswire.com/news-releases/live-good-a-journey-of-courage-education-and-purpose-302338750.html

SOURCE Live Good Inc.

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