Radiation Monitoring Safety Market to Witness a Pronounce Growth During 2016-2024
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The radiation monitoring and safety market is majorly segmented on the basis of product type and end-use applications. The radiation monitoring and safety market by product type include scintillator, silicon photomultipliers, fiber optic, and others (avalanche photodiodes (APD) and PIN diodes). Based on applications, the radiation monitoring and safety market is segmented into manufacturing, healthcare, biotechnology, homeland security & defense, automotive, research and high-energy physics, nuclear power plants, and others (oil & gas and space studies). Manufacturing sector uses various radiation devices types such as personal dosimeters, surface contamination monitors, radioactive monitors, area process monitors, as well as environment radiation monitors. The homeland security and defense industry utilizes survey meters, spectroscopic portal monitors, radiation detection monitors, alarming personal radiation detectors and mobile radiation monitors. In nuclear power plants, the popular radiation devices are full body accessories, personal dosimeters, and scintillators.
Radiation Monitoring and Safety Market can be segmented on the basis of products as follows:
Photomultiplier Tubes (PMT), Silicon Photomultiplier (SIPM).
North America is anticipated to be one of the key region in the radiation monitoring and safety market due to factors such as favorable regulatory framework, technological advancements, as well as rising threat of nuclear terrorism in this region. The European market has also witnessed significant growth due to extensive usage of radiation monitoring devices in nuclear energy industries after Fukushima disaster in 2011 which raised the public safety concerns. The two major types of radiation: X-rays and gamma rays, are high-frequency ionizing radiations. These ionizing radiation when passes through a body cell, it can cause the cell to die, and sometimes can lead to cancer later on. Therefore, with the rising cancer incidence, the radiation monitoring and safety market growth would also swell worldwide.
Some of the key players in the radiation monitoring and safety market are Fuji Electric Co. Ltd., Atomtex SPE, Arktis Radiation Detectors Ltd., GE Electric ( GE Measurement and Control), Centronic Limited, Comecer SPA, General Electric Measurement and Control, Ametek Inc., Thermo Fisher Scientific Inc, Canberra Industries Inc., Radiation Monitoring Devices Inc., Mirion Technologies Inc., RAE Systems Inc., LND Inc., Lab Impex Systems Ltd., Landauer, Inc., Redlen Technologies Inc., Smiths Detection Groups Ltd., Ludlum Measurements Inc., and SE International Inc.
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• Shifting Industry dynamics
• In-depth market segmentation
• Historical, current and projected industry size Recent industry trends
• Key Competition landscape
• Strategies of key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance
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