Vacuum X-Ray Tubes Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

The vacuum x-ray tubes market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire vacuum x-ray tubes market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (k units) and value (USD million) from FY 2016 – 2026.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the vacuum x-ray tube industry. The report analyzes and declares the historical and current trends analysis of the vacuum x-ray tubes industry and subsequently recommends the projected trends anticipated to be observed in the vacuum x-ray tubes market during the upcoming years.

Key Insights from Primary Research

• According to the CXO,s working in the vacuum x-ray tubes industry, the market is predicted to witness a substantial growth of above 5% during the years 2020-2026 attributed to the adoption of vacuum x-ray tubes in developing and developed countries.
• Due to the increasing demand for vacuum X-ray tubes,  the market is expected to develop by over USD 5,000 million by 2026. In 2019, the market accounted for USD 3,000 million.
• By the Product type analysis segment, the glass tube category headed the market with more than USD 1,500 million, in 2019 and it is expected to grow over the forecast period.
• By the operation analysis segment, the rotating anode tube category held the largest market share of above 60% of the global market owing to its higher radiation emission intensity.
• On the basis of end-use analysis, a medical category led the market with more than USD 3,000 million in 2019, attributed to the increasing demand in the medical sector.

Key Recommendations from Analysts

• Our analysts recommend that North America is expected to be the fastest-growing market for vacuum X-ray tubes during the years to come attributed to the growing need for healthcare in this region.
• Owing to the rising demand for high-strength X-ray tubes, the metal-ceramic tube category is expected to boost the market.
• The industrial category is projected to bolster the market in the future years attributed of the use of X-ray tubes in various industries.
• The Asia Pacific is expected to be the fastest-growing market for vacuum X-ray
• Advanced technologies in the X-ray system and adoption of the newer X-ray system in the medical and another sector can create lucrative opportunities in the market.

Market Attractiveness By Product Type Analysis

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the vacuum x-ray tubes industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the vacuum X-ray tubes industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the vacuum X-ray tube market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the vacuum x-ray tubes industry. The vacuum x-ray tubes market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the vacuum x-ray tubes sector. Key strategic developments in the vacuum x-ray tubes market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the vacuum x-ray tubes market are appropriately highlighted in the report.

Due to a broad potential difference, a heated cathode accelerates electrons to an anode in a vacuum X-ray tube. Electron current is changed by changing the temperature of the filament — the electrons released from the hotter cathode are more than a cold one, which further determines the intensity of the x-ray beam. In direct proportion to the number of anode electrons, the number of x-ray photons emitted. When an electron hits the anode emits an X-ray photon, and other electrons emit more photons. The kinetic energy of the electrons is determined by the voltage in the pipe that in turn defines the penetrating strength of the X-ray photons. A cathode is a wire-coiled filament that emits electrons when heated by thermionic emissions and collects electrons to create a current flow. The increasing number of hospitals and diagnostics centers, increasing awareness about health and health diagnostics, and the use of X-ray scanning systems to prevent public threats are driving market growth. However, the lack of skilled laborers and high investment may hinder the market growth. However, increasing demand for X-ray tubes in the medical sector, and the high adoption of the X-ray tube in developed and developing countries is creating numerous opportunities in the market.

The vacuum x-ray tubes market research report delivers an acute valuation and taxonomy of the vacuum x-ray tubes industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the vacuum x-ray tubes industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the vacuum X-ray tubes industry is provided for the leading economies of the world.

The vacuum X-ray tube market is segmented based on product type analysis, operation analysis, and end-user analysis. on the basis of product type segmentation, the market is classified into glass tubes, ceramic tubes, and metal-ceramic tubes. in terms of operation analysis segmentation, the market is bifurcated into a rotating anode tube and a stationary X-ray tube. by end-use analysis, the market is classified into medical, industrial, aerospace & defense, and research.

Report Scope

Some of the essential players operating in the vacuum x-ray tubes market, but not restricted to include: 

•  Hangzhou Wandong Electron Co. Ltd.
•  Shanghai United Imaging Healthcare Co. Ltd.
•  General Electric Company (GE)
•  Varian Medical Systems Inc.
•  Koninklijke Philips N.V.
•  IAE S.p.A
•  Canon Electron Tubes & Devices Co. Ltd.
•  Siemens Healthcare GmbH
•  SHIMADZU corporation
•  LUCEM Co. Ltd.
•  Richardson Electronics Ltd.
•  GL Leading Technologies
•  Chronos Imaging LLC
•  Zhuhai Rcan Vacuum Electron Co. Ltd.
•  Shanghai United Imaging Healthcare Co. Ltd.
•  ZHEJIANG KANGLE GROUP
•  IMPORT & EXPORT CO. LTD.
•  Hangzhou Sailray
•  Hangzhou Kailong Medical Instruments Co. Ltd.

The taxonomy of the vacuum X-ray tubes industry by its scope and segmentation is as follows:

By Product Type Segmentation Analysis

• Glass Tube
• Ceramic Tube
• Metal Ceramic Tube

By Operation Segmentation Analysis

• Rotating Anode Tube
• Stationary X-ray Tube

By End-Use Segmentation Analysis

• Medical
• Industrial
• Aerospace & Defense
• Research

Global vacuum x-ray tubes Market: Regional Segmentation Analysis (Customizable)

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa