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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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PURE POWER FOR ALL–VAPORESSO’s Global Movement to Drive Clean Energy Solutions and Sustainable Living

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SHENZHEN, China, Dec. 24, 2024 /PRNewswire/ — On December 2nd, VAPORESSO proudly launched its PURE POWER FOR ALL global ECO-Empowerment initiative—a powerful testament to its commitment to advancing clean energy solutions and promoting sustainable lifestyles worldwide. Anchored by the revolutionary ECO NANO SOLAR and the forward-thinking PURE POWER ACTION movement, this initiative seamlessly integrates cutting-edge technological innovation with impactful social action. Together, these efforts mark a pivotal step in the global transition toward clean energy and a more sustainable future.

ECO NANO SOLAR—Revolutionizing Sustainable Vaping in the Industry

At the heart of this initiative lies the industry’s first solar-powered open-system vape—ECO NANO SOLAR. Crafted from 70% eco-conscious materials, this innovative device features a modular structure with interchangeable components, extending product life while promoting resource efficiency and long-term sustainability.

This pioneering ECO innovation combines degradable photovoltaic technology with a recyclable modular design. Its solar panel achieves remarkable light-to-electricity efficiency and is over 80% biodegradable, advancing clean energy adoption while significantly reducing environmental impact. With the ECO NANO SOLAR, VAPORESSO sets a new standard for sustainability in the vaping industry, inspiring a broader shift toward eco-conscious practices and paving the way for a greener future in vaping and beyond.

PURE POWER ACTION: Bridging Online Engagement with Real-World Impact

The PURE POWER ACTION movement, as a key part of the PURE POWER FOR ALL initiative, engages participants worldwide through a series of interactive online activities designed to build momentum for clean energy advocacy. From simple actions like clicking to show support to vibrant community discussions on sustainable living, each activity amplifies the reach of this global movement. Together, these efforts inspire eco-friendly habits, encourage the exchange of ideas, and foster collective commitment through initiatives like the Pure Living Proposal. By empowering individuals to take small, meaningful steps, the movement unites participants in creating a ripple effect of change that transcends geographic boundaries, all while boosting the Pure Power Level—a key measure of progress.

As the Pure Power Level reaches new milestones, the initiative transitions from online engagement to tangible offline impact. Clean energy solutions, including solar-powered innovations, are introduced into vape stores worldwide, offering users hands-on opportunities to experience the convenience and benefits of renewable power sources. These offline activities, supported by the collective efforts of participants, not only bring sustainability to the forefront of the vaping industry but also demonstrate how individual contributions can culminate in meaningful, real-world changes. Through this seamless integration of online and offline efforts, VAPORESSO underscores the importance of unified action in driving the global transition toward a brighter tomorrow.

A Greener Tomorrow Begins Today

With PURE POWER FOR ALL, VAPORESSO demonstrates how ECO innovation and forward-thinking movement can lead to meaningful global impact. The groundbreaking ECO NANO SOLAR stands as a powerful benchmark for ECO innovation, inspiring the adoption of cleaner, more responsible practices in the vaping industry. At the same time, the PURE POWER ACTION initiative fosters a ripple effect of positive change, uniting individuals and communities in a shared mission to embrace sustainable living and advance clean energy solutions. Together, through collective effort and shared commitment, VAPORESSO is not only shaping the future of the vaping industry but also contributing to a healthier, more sustainable world.

For more details about the PURE POWER FOR ALL movement and ECO NANO SOLAR, please visit: https://www.vaporesso.com/activity/pure_power_for_all. Together, we create a brighter, cleaner future for all.

About VAPORESSO

VAPORESSO was founded on the belief that each action is an endeavor to achieve excellence. Our unwavering commitment to surpassing the ordinary has propelled us to become the leading vaping brand globally. We embody a vision where our technology and values merge, crafting a better, cleaner, and more enjoyable life for all.

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SWAG, Asia’s Largest Adult Content Platform, Releases 2024 Annual Report

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Revealing the Top 15 Searched Keywords in Asia

TAIPEI, Dec. 24, 2024 /PRNewswire/ — SWAG, Taiwan’s largest adult livestreaming platform, often known as the “Pornhub of Asia,” has released the 2024 SWAG Recap today. The report dives into the world of trending adult content, the year’s top searched keywords, and even the income of creators, sparing no details. According to the data, the top searched keyword on SWAG in 2024 was “Vietnam.” Meanwhile, two Taiwanese creators—former Army Chief Counselor “Neinei” and former Sea Dragon Frogman 177—landed in the 3rd and 6th positions as the most searched keywords thanks to their enormous social media buzz. The hashtag with the most clicks went to “Big Boobs.”

In this year’s top searched keyword ranking, “Vietnam” and Vietnamese creator Rosa (@rosababyvip) dominated the top two spots with overwhelming search volume, highlighting the loyalty of Vietnamese enjoyers of SWAG. Meanwhile, keywords like “Ex-Army Chief Counselor Neinei” and “Sea Dragon Frogman 177” maintained high visibility throughout the year, landing them in 3rd and 6th places, respectively.

Analyzing average daily login time by users from different countries, SWAG users spent 15 minutes and 56 seconds per session on average globally, 49 seconds longer than last year. Taiwan emerged as the undisputed champion with an average daily login time of 16 minutes and 21 seconds, the only country above the platform average. On the flip side, Japanese users clocked in at just 11 minutes and 25 seconds, becoming the quickest to reach post-nut clarity. Notably, Vietnamese users soared from last year’s last place to the 4th longest with their online duration time, surpassing users from Singapore and the U.S.

Among SWAG’s nearly 200 hashtags, “Big Boobs” reclaimed its crown from last year’s champion, “Schoolgirl,” becoming the most searched hashtag of the year. “Schoolgirl” fell to 4th, edged out by “Gangbang.” Surprisingly, the long-beloved tag “Creampie” dropped to its record-low position, only ranking 9th.

SWAG noted that nearly 5,000 new creators joined this year, with 40% hailing from Vietnam, making it the country with the most new creators, followed by Taiwan. Among the talents, luna (@rouav) and Jolly (@jollyntr) were crowned as the most popular creator and best newcomer respectively! After a brief hiatus, Luna made a strong comeback by captivating fans with her “natural melons,” “S-line waist,” “perky booties,” and “flawless legs.” Her popularity skyrocketed by 891 spots, earning her the title of SWAG’s Most Popular Creator 2024. The best newcomer, Jolly, who only joined SWAG less than a year ago, gained immense popularity for her housewife aesthetic and NTR-themed content. Fans of the married lady buzzed over her livestreams and videos, where her husband reportedly has been watching helplessly behind the camera, further fueling her meteoric rise.

In other creator data, SWAG’s “Fan Following Clock” is ticking faster than ever! On average, a creator gains a new follower every 5.7 seconds on the platform. Additionally, 8.8% of new creators earn USD 30,000 in less than four months, with Betty (@bettyqueen) achieving this milestone in just three weeks, making her the fastest-earning newcomer of 2024.

Does SWAG make creators rich? The numbers prove everything. This year,  Shirley (@shirleybebe) posted a story, which was unlocked by over 3,000 users within 48 hours, earning her approximately $1,500 instantly as the post became the most profitable story of 2024. Best Newcomer Jolly also delivered impressive results. After debuting in May, one of her long videos attracted over 2,000 viewers, earning her $17,000 just from that one single upload.

When it comes to SWAG’s most lucrative money-making features, livestreaming and private messaging definitely top the list. For example, when Grape (@stellajs) hosted her birthday livestream this year, she generated USD 37,000 in just three hours. Meanwhile, Nini Baby (@ninibaby), well-known for her private chats, sent 380,000 text messages to users this year, receiving 85,000 replies and countless chat gifts. Her private messaging income alone earned a staggering USD 490,000 in revenue, a 17% increase from last year, securing her throne as SWAG’s Queen of private chat.

《2024 SWAG Recap》: https://swag.live/blog/en/swag_2024_recap/

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Higer New V Series, Leading Bus New Trend

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SUZHOU, China, Dec. 24, 2024 /CNW/ — In November 2024, Higer New V Series buses officially launched in the Philippines, this batch of electric buses was the first batch of new energy buses introduced by the Philippines and put into commercial operation. And it has aroused extensive attentions and heated discussions from the Philippines local government, media and people.

Higer New V Series products were launched globally in March 2024, and then made a stunning debut at the Higer Global Partners Conference. The New V-series products with a new shape and a new platform are committed to creating new classic models with high quality, high safety and high intelligence.

In 3 years, more than 1000 people participated in the process of R&D, a one-time investment of more than 100 million yuan was made in the R&D and manufacturing of key components, equipment, tooling, molds, inspection tools, verification of components and vehicle, achieving comprehensive innovation, realizing a significant improvement in product quality and reliability, maintenance convenience and customer experience. Measuring from 8 to 13 meters in length, they can be powered by fossil fuels, electricity, hydrogen, etc. and are readily adaptable for the tourist transportation market, urban public transportation market, etc. The luggage compartment volume is 21.6% greater than similar products, the seating space is 50mm larger, and the middle aisle is 30mm wider. The overall component universality rate was greatly improved by the platform, modular, and universal design concept, and the number of component types decreased by 58%.

It is worth mentioning that Higer is committed to creating a technological experience, redefining the domain-centralized electronic and electrical architecture, and Higer launched the industry’s first mass-produced intelligent cabin. It will help the driver concentrate on driving. The new model provides a mobile phone control interface, drivers and tour guides can control lighting, multimedia, air conditioning, etc. through app. In addition, the intelligent cabin can be customized according to the operational needs of the transport company, realizing intelligent dispatching, intelligent charging, intelligent maintenance, AI interaction, and human-computer interaction.

So far, Higer new V series coaches have already received orders from more than 20 countries like Italy, Qatar, UAE, Saudi Arabia, Algeria and etc., showing a fast rising popularity in the international market.

Higer new V series are committed to providing customers with new “classic models” with better quality, higher efficiency, achieving sustainable development and exploring more possibilities.

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