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Recognized Market Leader
With a market share of around 80%, Volume Graphics holds a leading position in the industrial CT software industry, according to global business consulting firm Frost & Sullivan.
Frost & Sullivan Identifies Volume Graphics as Market Leader
Volume Graphics has been recognized by independent research and consulting firm Frost & Sullivan as the market leader in the industrial CT software industry. Therefore, Volume Graphics received the “2018 Global Industrial Computed Tomography Software Market Leadership Award”.
With its “Best Practices Awards”, which are based on an independent in-depth analysis of the respective market, the consulting firm awards companies for superior leadership, technological innovation, customer service, and strategic product development.
Key Takeaways from Frost & Sullivan’s Analysis:
- Volume Graphics is a leading provider of industrial CT software, with a market share of about 80% in 2017.
- This leading position is backed by a high market penetration in key industries.
- The reason for the leadership position of Volume Graphics is the extensive, precise, and reliable product portfolio.
- With its continuously evolving products, Volume Graphics empowers customers to obtain results more quickly and easily.
- Volume Graphics software can be used for almost all applications in research and production environments.
- All of this leads to very loyal customers, which Volume Graphics supports across its robust original equipment manufacturer (OEM) network.
- With its software, Volume Graphics has driven the market forward and made non-destructive testing more accessible to everyone.
Read the Complete Document
Frost & Sullivan Award Write-Up >
“Frost & Sullivan’s benchmarking analysis finds that Volume Graphics’ success in the high-end industrial software CT market is largely driven by its effective implementation of superior end-user centric strategies. Volume Graphics remains a leading provider of industrial CT software solutions and is highly regarded among manufacturers of industrial CT equipment, holding a market share of about 80% in 2017.”
Frost & Sullivan
High Market Penetration
Volume Graphics' leading position is backed by a high market penetration in important industries: "Specifically, the company has achieved high market penetration in casting applications for porosity analysis and structure characterization in the automotive and aerospace & defense industries (...)."
Extensive, Precise, and Reliable
The reason for the leadership position of Volume Graphics are its products: "Volume Graphics enjoys a prominent position in the global software for industrial CT market, capitalizing on its extensive, precise and reliable product portfolio that delivers a wide range of data analysis and visualization solutions, including VGSTUDIO MAX, VGMETROLOGY, VGinLINE, and myVGL."
Continuously Evolving Products
With its continuously evolving products, Volume Graphics empowers its customers: "The company has developed and continually evolves its high-end software solution portfolio that empowers customers to quickly and easily obtain results in their analysis of products in R&D, production, and quality assurance."
For Almost All Applications in Research and Production
Volume Graphics software covers a wide range of possibilities: “Volume Graphics’ software solutions exhibit striking differentiation from conventional CT industrial software and can be used for almost all applications in research and production environments. Many of these initiatives lead to highly disruptive innovations."
Loyal Customers
This leads to very loyal customers: “Frost & Sullivan concludes that the strong brand loyalty enjoyed by Volume Graphics derives from its proven know-how and capability to support customers across its robust original equipment manufacturer (OEM) network.”
Making Non-Destructive Testing More Accessible to Everyone
With its software, Volume Graphics has driven the market forward: “The company has made significant strides for the industry in advancing non-destructive testing (NDT) and quality control, making the technology more accurate and accessible to a wider scope of customers.”
“With over 20 years of experience, Volume Graphics ensures the most comprehensive set of application support in the entire industry. A solid reputation for establishing a thorough understanding of end users’ needs indeed solidifies the company’s superior brand equity.”
Frost & Sullivan