CT will evolve as the most important technology for inspecting complex internal geometries and 3-D printed components. CT metrology systems are in a unique position to provide 3-D CT measurement without component configuration. CT scanning can access areas of components normally inaccessible by other metrology techniques. Whether in assembled or pre-assembled states, CT scanning tests products for tolerance assessments, part-to-part comparisons, thickness, and other measurements.
Major opportunities for the CT market are from the automotive segment, aerospace and aviation segment, and electronics segment.
Despite existing benefits, the scanning speeds and high costs of CT scanners hamper equipment adoption among manufacturers. Speed is crucial in manufacturing and will continue to play a critical role in pushing companies to adopt CT scanning systems.
Additionally, despite the potential advantages of CT systems, Frost & Sullivan ongoing research shows that another key challenge is sustaining growth in a market with extreme price sensitivity at all levels.
Of the more than 30 companies in this space, 18 have delivered commendable performance by capitalizing on the positive trends impacting the market. They can be broadly categorized into 3 groups:
Companies that score very high on both growth and innovation, which are well-known industry leaders that have a history of being at the forefront of innovation.
Companies that score high on innovation but delivering lower growth, which appear in the bottom right of the radar and are the brink of witnessing higher growth due to a significant focus on innovation. These include known leaders as well as relatively new market entrants.
The third group of companies includes those implementing some level of innovation, which results in growth but not to the level seen in the other groups.
The classification of CT systems under the scope of this study, based on focal spot size and acceleration voltages, include:
Nano CT: Systems that have X-ray tubes with focal spots less than 1 ?m and are most suited for scanning small objects; acceleration voltages in the range of 50 to 160 kV
Micro CT: Systems that use X-ray tubes with focal spots between 1 and 100 ?m achievable by placing the object as close as possible to the focus; acceleration voltage of 80kV to 450kV
Mini CT: Systems that have X-ray focus from 100 ?m to 1 mm; acceleration voltage from 320 kV to 450 kV
Macro CT: Systems with focal spot size beyond 1 mm; acceleration voltages above 450 kV
The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.
Author: Mariano Kimbara
Industry Overview
Industry Overview (continued)
Industry Overview (continued)
The Frost Radar
Frost Radar—Description of Companies Plotted
GE Inspection Technologies (Baker Hughes GE IT)
Carl Zeiss Industrial Metrology, LLC
Wenzel Group GmbH & Co. KG
YXLON International GmbH
Nikon Metrology
North Star Imaging
Diondo GmbH - X-ray systems and services
Werth Messtechnik GmbH
GOM Metrology
Bruker Corporation
RayScan Technologies GmbH
RX Solutions
Rigaku Corporation
Shimadzu Corporation
Nordson
Thermo Scientific
Omron
VJ Technologies
The Last Word—Key Takeaways
Legal Disclaimer
Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform
Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform (continued)
Frost Radar—C2A
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Mariano Kimbara |
| Industries | Test and Measurement Instrumentation |
| WIP Number | K36C-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9426 |
Frost Radar in the Industrial Computed Tomography Solutions Industry
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
23-Apr-2019
North America
Frost Radar