The X-ray inspection systems market for electronics & semiconductors is forecast to grow at a CAGR of 11% from 2022, reaching $772.8 million by 2029. Growth is propelled by strict government regulations for asset safety, increased consumer awareness of quality standards, and extensive digitalization, automation, and miniaturization of electronic devices.

The market will see opportunities from the increasing automation and miniaturization of X-ray inspection systems, as well as technological advancements enhancing user-friendliness. Notable trends include the application of AI and the adoption of CT inspection systems for production lines.

Despite these opportunities, the market faces challenges from substitute technologies, high costs, and a lack of qualified personnel. The market is segmented by component, imaging technique, dimension, application, and geography, with the hardware segment expected to lead in 2022 due to advancements in radiation sources and flat-panel detectors.