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Americium‐241 Radioactive Source Market Forecast Driven by Industrial Ionization and Safety Applications | Valuates Reports
Americium-241 Radioactive Source Market SizeThe global market for Americium-241 Radioactive Source was valued at US$ 10.9 million in the year 2024 and is projected to reach a revised size of US$ 16.1 million by 2031, growing at a CAGR of 5.8% during the forecast period.
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The Americium 241 radioactive source market is experiencing steady market growth, driven by ongoing demand in fire safety systems, industrial measurement, and scientific applications. The market size continues to expand as industries depend on Americium 241's reliable radiation properties for precise ionization and analytical functions.
By product type, sources with activity levels above 1×104 Bq account for the majority of market share, due to their widespread use in ionization-based fire alarms, which remain the primary commercial application for Americium 241. Higher-activity sources above 6×108 Bq are also seeing increasing demand, particularly in specialized industrial and scientific equipment that require greater radiation strength. Other lower-activity types contribute a smaller share, mainly in niche or emerging use cases.
In terms of application, fire alarms dominate the market size, as Americium 241 remains the industry standard for ionization smoke detectors. Other applications, including static elimination devices, X-ray fluorescence analysis, moisture measurement, and various industrial instruments, contribute to positive market trends and steady market growth, driven by advancements in manufacturing and material analysis technologies.
Overall, the Americium 241 radioactive source market forecast points to ongoing market growth, supported by regulatory requirements in fire safety, industrial process improvements, and the expanding use of radioactive sources in modern analytical and measurement applications.
by Type
• Above 1*10^4Bq
• Above 6*10^8Bq
• Others
by Application
• Fire Alarm
• Static Elimination Devices
• X-ray Fluorescence Analysis
• Moisture Measurement
• Others
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