Linear Accelerator Market Will Hit at a Volume CAGR 6.8% from 2027 | BEVATECH GmbH, CGN Dasheng, diondo GmbH, Elekta AB, IBA, Iotron Industries

According to our latest market study on "Linear Accelerator Market Forecast to 2027 – COVID-19 Impact and Analysis- by Energy Range (Less than 4 MeV, 4 MeV to 8 MeV, 8 MeV to 12 MeV, and More than 12 MeV), Application (Industrial Radiography, Cargo Screening, Radiation Processing, and Others), Industry (Automotive, Aerospace and Defense, Medical, Food and Beverages, Metals and Mining, and Others), and Geography," the market was valued at US$ 3.79 billion in 2019 and is projected to reach US$ 6.80billionby 2027; it is expected to grow at a CAGR of 7.9% from 2019 to 2027.The report highlights the key factors driving the market growth, and prominent players and their developments in the market.

Accelerators play a significant role in modern healthcare. In the medical industry, the linear accelerators are prominently used for treating cancer patients. A medical linear accelerator (LINAC) adapts high-energy x-rays to destroy cancer cells and tumors while sparing normal tissues in proximity; this raises the vitality of the quality assurance of linear accelerators. Moreover, the advent of artificial intelligence (AI)and machine learning (ML) is transforming the medical imaging device landscape globally, especially by adding to the effectiveness of cancer treatment through technologies such as LINAC. As a result, the hospitals are further focusing on developing ML- and AI-enabled LINACs for oncology treatment. This technique is likely to be transformed into convenient treatment option in the coming years.Companies such as Elekta, Varian, and Bevatech GmbH leverage the technology of linear accelerators to treat cancer patients. The global medical industry is expected to reach past the value of US$ 2.51 billion by 2022, and this boom is expected result in significant demand for the LINAC products.

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This study offers a comprehensive, 360 degree analysis on the Weapon Mounts Market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Weapon Mounts Market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Within the Weapon Mounts market, various regions are observed to exhibit different growth trends. North America hold the largest share of the total Weapon Mounts market. While the regions such as Europe and APAC are expected to exhibit high growth along with the increasing growth in industrial and Electronics and Semiconductor sector.

The Major Manufacturers Covered In This Report: BEVATECH GmbH; CGN Dasheng; diondo GmbH; Elekta AB; IBA; Iotron Industries; Mitsubishi Heavy Industries Machinery Systems, LTD.; Varex Imaging Corporation; and Varian Medical Systems, Inc.

This Report Contains:
• Market sizing for the global Weapon Mounts.
• Compare major Weapon Mounts providers strategies and approaches to the challenges they face
• Analysis of the effects de globalization trends may have for Weapon Mounts providers
• Profiles of major Weapon Mounts providers
• 7-year CAGR forecasts for Weapon Mounts -intensive vertical sectors

The Weapon Mounts market is anticipated to grow in the forecast period owing to driving factors such as developments in the field of telematics and connected vehicle systems. Furthermore, the rise in demand for electric vehicles is expected to boost market growth. However, the high costs of technology adoption may hinder the growth of the Weapon Mounts market during the forecast period. On the other hand, the development of high specific energy supercapacitor creates lucrative opportunities for market players in the coming years.

According to the World Health Organization (WHO) report, the US, Brazil, India, and Russia are a few of the worst-affected countries due to the COVID-19 pandemic. The biological crisis has limited the growth of various industries worldwide, and hence, the global economy is anticipated to face a slump in 2020, as well as in 2021. The outbreak has created significant disruptions in primary industries such as manufacturing, medical, energy & power, electronics & semiconductors, and automotive. The sharp decline in industrial activities is impacting the growth of global linear accelerator market as they are the major supply and demand sources for linear accelerator equipment providers. Moreover, the factory shutdowns, travel and trade bans, and border lockdowns to combat and contain the outbreak have impacted manufacturing, supply, and sales of various electronic components required for linear accelerator manufacturing.

The report segments the global linear accelerator market as follows:

By Energy Range
• Less than 4 MeV
• 4 MeV to 8 MeV
• 8 MeV to 12 MeV
• More than 12 MeV

By Application
• Industrial Radiography
• Cargo Screening
• Radiation Processing
• Others

By Enterprise Size
• Automotive
• Aerospace and Defense
• Medical
• Food and Beverages
• Metals and Mining
• Others

Weapon Mounts Market Segment by Regions, Regional analysis covers: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries.

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The Research Provides Answers To The Following Key Questions:
• What is the estimated growth rate of the market for the forecast period 2020–2027? What will be the market size during the estimated period?
• What are the key driving forces responsible for shaping the fate of the Weapon Mounts market during the forecast period?
• Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Weapon Mounts market?
• What are the prominent market trends influencing the development of the Weapon Mounts market across different regions?
• What are the major threats and challenges likely to act as a barrier in the growth of the Weapon Mounts market?
• What are the major opportunities the market leaders can rely on to gain success and profitability?

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.