(Frost & Sullivan: Mountain View, CA) -- While there’s no denying the contributions made by advancements in technology and new applications for X-ray inspection systems, it is the rising standard of quality and safety of critical structural components that is expected to bring in revenue.
ADVERTISEMENT |
Analysis from Frost & Sullivan, “World X-ray Inspection Systems Market,” finds that the market earned revenues of $344.2 million in 2009 and estimates this to reach $450.6 million in 2014.
Recent industrial disasters such as the oil spill in the Gulf of Mexico have placed the spotlight on the need for stringent quality control programs. Reacting to such incidents, governments across the globe have announced plans to strengthen laws to prevent industrial debacles.
…
Add new comment