Latin America Industrial Computed Tomography Market Size & Outlook

The industrial computed tomography market in Latin America is expected to reach a projected revenue of US$ 78.4 million by 2030. A compound annual growth rate of 5.6% is expected of Latin America industrial computed tomography market from 2024 to 2030.
Revenue, 2023 (US$M)
$53.6
Forecast, 2030 (US$M)
$78.4
CAGR, 2024 - 2030
5.6%
Report Coverage
Latin America

Latin America industrial computed tomography market highlights

  • The Latin America industrial computed tomography market generated a revenue of USD 53.6 million in 2023.
  • The market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
  • In terms of segment, equipment was the largest revenue generating offering in 2023.
  • Services is the most lucrative offering segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 53.6 million
Market revenue in 2030USD 78.4 million
Growth rate5.6% (CAGR from 2023 to 2030)
Largest segmentEquipment
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEquipment, Services
Key market players worldwideNikon Corp, OMRON Corp, Baker Hughes Co Class A, Comet, ZEISS Group, Shimadzu Corp, Illinois Tool Works Inc, Werth, VJ Technologies, Rigaku


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.9% of the global industrial computed tomography market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 397.0 million by 2030.

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Industrial Computed Tomography Market Scope

Industrial computed tomography market segmentation & scope
Equipment
Services
High-voltage CT
Micro CT
Others
Fan-beam CT
Cone-beam CT
Others
Flaw Detection and Inspection
Failure Analysis
Assembly Analysis
Dimensioning and Tolerancing Analysis
Others
Oil & Gas
Aerospace and Defense
Automotive
Electronics
Others

Industrial Computed Tomography Market Companies

Name Profile # Employees HQ Website

Latin America industrial computed tomography market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial computed tomography market will help companies and investors design strategic landscapes.


Equipment was the largest segment with a revenue share of 51.49% in 2023. Horizon Databook has segmented the Latin America industrial computed tomography market based on equipment, services covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Latin America industrial computed tomography market databook

  • Our clientele includes a mix of industrial computed tomography market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America industrial computed tomography market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America industrial computed tomography market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America industrial computed tomography market size, by country, 2018-2030 (US$M)

Latin America Industrial Computed Tomography Market Outlook Share, 2023 & 2030 (US$M)

Latin America industrial computed tomography market size, by country, 2018-2030 (US$M)

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