The radiation detection instruments in industrial and scientific sector, are series of equipment used for radiation detecting, monitoring, and safeguarding. In the coming years, the increasing demand for radiation detection in industrial and scientific sectors is expected to drive the market. The global radiation detection in the industrial and scientific market was worth US$970 mn in 2018 and the report suggests that the market will reach US$1270 mn by 2025 at a robust CAGR of 3.9%.
The team of QY Research analysts has published a detailed report of the market, titled “Global Radiation Detection in Industrial and Scientific Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application.”
Global Radiation Detection in Industrial and Scientific Market: Drivers
Radioactive radiations are an unseen threat to the human body. Exposure to radiation at a high level can lead to several dangerous health complications. Being invisible and odorless, radioactive materials can only be detected with special equipment to prevent direct exposure for those who work in a radioactive areas. The detection machines help to secure safety to them and all those who are around them. The radioactive materials are used in diverse industrial processes such as medical research and medical imaging, power production, and defense sector among others. The global threat of terrorist-operated nuclear weapons has intensified the need for reliable equipment that offers protection from radioactive radiations. Governments have become stricter about the adherence to safety regulations in industries engaged in processing radioactive materials.
Global Radiation Detection in Industrial and Scientific Market: Segment Analysis
The global radiation detection in the industrial and scientific market is segmented on the basis of type and application. In terms of type, the market is segmented into a geiger counter, solid-state detector, scintillation detector, and others. In terms of application, the market is segmented as general industrial, energy, scientific and others. The industrial sector has the highest demand for radiation detection instruments as radiation levels in the selective industries is very high, which poses a serious risk to the workers.
Global Radiation Detection in Industrial and Scientific Market: Regional Analysis
On the basis of region, the global radiation detection in the industrial and scientific market is segmented into Latin America, North America, Asia Pacific, Europe, and the Middle East and Africa. North America leads the global market followed by the market in Europe. Encouraging government support to research and develop has allowed North America to maintain its dominant position during the forecast period.
Global Radiation Detection in Industrial and Scientific Market: The Key Players
The key players studied in the global radiation detection in industrial and scientific market are Thermo Fisher Scientific, Mirion Technologies, Landauer, General Electric, Ludlum Measurements, Fuji Electric, Chiyoda Technol, Ametek ORTEC, Hitachi Aloka, Fluke Biomedical, Bertin Technologies, Tracerco, CIRNIC, Begood, Smiths Group, Panasonic, HelmholtzZentrumMünchen, Radiation Detection Company, Polimaster, ATOMTEX, General Atomics, FujiFilm Holdings, and S.E. International.
Thermo Fisher Scientific has invented the pager-sized Thermo Scientific RadEye line, featuring Natural Background Rejection (NBR) technology that helps to locate, detect, and identify radioactive nuclides such as dirty bombs, nuclear weapons, and orphaned or purposely masked sources. The company has a wide range of alpha and beta probes as well that is well suited for applications in research, teaching, hospital, industrial hygiene applications, nuclear medicine labs, industrial X-ray manufacturing, and geological surveys among others. Such technological advancements is expected to help companies stay ahead of the competition.