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Radiation detection monitoring and safety market size is estimated to grow by USD 1.48 billion from 2021 to 2026, Market is driven by increasing military expenditure - Technavio
[December 07, 2022]

Radiation detection monitoring and safety market size is estimated to grow by USD 1.48 billion from 2021 to 2026, Market is driven by increasing military expenditure - Technavio


NEW YORK, Dec. 7, 2022 /PRNewswire/ --The radiation detection monitoring and safety market size is estimated to grow by USD 1.48 billion from 2021 to 2026 at a CAGR of 7.21%, according to Technavio. The increasing military expenditure is notably driving the radiation detection monitoring and safety market growth. However, factors such as the high cost of manufacturing radiation detection, monitoring, and safety devices may challenge the market growth during the forecast period.

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Read the 120-page report with TOC on "Radiation detection monitoring and safety market analysis report by application (healthcare, nuclear power plants, homeland security and defense, and industrial applications) and geography (APAC, North America, Europe, Middle East, and Africa, and South America), and the Segment Forecasts, 2022-2026". https://www.technavio.com/report/radiation-detection-monitoring-and-safety-market-industry-analysis

The radiation detection monitoring and safety market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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Radiation Detection Monitoring and Safety Market: Major Trend

  • Technological advances in radiation detection are a key trend in the radiation detection monitoring and safety market.
  • The growth of the global radiation detection monitoring and safety market is driven by the rising R&D activities in end-user industries. For instance, in November 2021, Siemens Healthineers announced the launch of Naeotom Alpha, the world's first photon-counting CT scanner.
  • Many vendors are launching innovative products. For instance, in April 2020, Eureka Alert developed a new X-ray detector prototype that reduces radiation exposure and related health risks and improves the resolution of security scanners and research. Such technological advances are expected to boost the growth of the global radiation detection monitoring and safety market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

Radiation detection monitoring and safety Market: Key Vendors

  • Baker Hughes Co.
  • ECOTEST
  • Fuji Electric Co. Ltd.
  • Honeywell International Inc.
  • International Medcom Inc.
  • Mirion Technologies Inc.
  • Polimaster LLC
  • Rapiscan Systems Inc.
  • Teledyne FLIR LLC
  • Thermo Fisher Scientific Inc.
  • AMETEK Inc
  • Amray Medical
  • Arktis Radiation Detectors Ltd
  • Bar Ray Products Inc.
  • Centronic Ltd
  • John Caunt Scientific Ltd.
  • LANDAUER
  • Ludlum Measurements Inc.
  • S.E. International Inc.
  • Unfors RaySafe AB

Radiation Detection Monitoring and Safety Market: Segmentation Analysis

Application Outlook (Revenue, USD bn, 2021-2026)

  • Healthcare - size and forecast 2021-2026
  • Nuclear power plants - size and forecast 2021-2026
  • Homeland security and defense - size and forecast 2021-2026
  • Industrial applications - size and forecast 2021-2026

Geography Outlook (Revenue, USD bn, 2021-2026)

  • APAC - size and forecast 2021-2026
  • North America - size and forecast 2021-2026
  • Europe - size and forecast 2021-2026
  • Middle East and Africa - size and forecast 2021-2026
  • South America - size and forecast 2021-2026

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What are the key data covered in the radiation detection monitoring and safety market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the radiation detection monitoring and safety market between 2022 and 2026
  • Precise estimation of the size of the radiation detection monitoring and safety market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the radiation detection monitoring and safety market across APAC, North America, Europe, the Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of the radiation detection monitoring and safety market

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Radiation Detection Monitoring and Safety Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.21%

Market growth 2022-2026

USD 1.48 billion

Market structure

Fragmented

YoY growth 2021-2022 (%)

6.12

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 34%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Baker Hughes Co., ECOTEST, Fuji Electric Co. Ltd., Honeywell International Inc., International Medcom Inc., Mirion Technologies Inc., Polimaster LLC, Rapiscan Systems Inc., Teledyne FLIR LLC, Thermo Fisher Scientific Inc., AMETEK Inc, Amray Medical, Arktis Radiation Detectors Ltd, Bar Ray Products Inc., Centronic Ltd, John Caunt Scientific Ltd., LANDAUER, Ludlum Measurements Inc., S.E. International Inc., and Unfors RaySafe AB

Market dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


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Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments 
    • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application 
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Healthcare - Market size and forecast 2021-2026 
    • Exhibit 28: Chart on Healthcare - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)
  • 5.4 Nuclear power plants - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Nuclear power plants - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Nuclear power plants - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Nuclear power plants - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Nuclear power plants - Year-over-year growth 2021-2026 (%)
  • 5.5 Homeland security and defense - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Homeland security and defense - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Homeland security and defense - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Homeland security and defense - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Homeland security and defense - Year-over-year growth 2021-2026 (%)
  • 5.6 Industrial applications - Market size and forecast 2021-2026
    • Exhibit 40: Chart on Industrial applications - Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Data Table on Industrial applications - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Chart on Industrial applications - Year-over-year growth 2021-2026 (%)
    • Exhibit 43: Data Table on Industrial applications - Year-over-year growth 2021-2026 (%)
  • 5.7 Market opportunity by Application 
    • Exhibit 44: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 48: Chart on Geographic comparison
    • Exhibit 49: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026 
    • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026 
    • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026 
    • Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.7 South America - Market size and forecast 2021-2026 
    • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026 
    • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026 
    • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Germany - Market size and forecast 2021-2026 
    • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.11 Japan - Market size and forecast 2021-2026 
    • Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.12 France - Market size and forecast 2021-2026 
    • Exhibit 86: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 87: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 88: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 93: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 94: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 95: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 96: Matrix on vendor position and classification
  • 10.3 Amray Medical 
    • Exhibit 97: Amray Medical - Overview
    • Exhibit 98: Amray Medical - Product / Service
    • Exhibit 99: Amray Medical - Key offerings
  • 10.4 Fuji Electric Co. Ltd. 
    • Exhibit 100: Fuji Electric Co. Ltd. - Overview
    • Exhibit 101: Fuji Electric Co. Ltd. - Business segments
    • Exhibit 102: Fuji Electric Co. Ltd. - Key offerings
    • Exhibit 103: Fuji Electric Co. Ltd. - Segment focus
  • 10.5 Honeywell International Inc. 
    • Exhibit 104: Honeywell International Inc. - Overview
    • Exhibit 105: Honeywell International Inc. - Business segments
    • Exhibit 106: Honeywell International Inc. - Key news
    • Exhibit 107: Honeywell International Inc. - Key offerings
    • Exhibit 108: Honeywell International Inc. - Segment focus
  • 10.6 LANDAUER 
    • Exhibit 109: LANDAUER - Overview
    • Exhibit 110: LANDAUER - Product / Service
    • Exhibit 111: LANDAUER - Key offerings
  • 10.7 Ludlum Measurements Inc. 
    • Exhibit 112: Ludlum Measurements Inc. - Overview
    • Exhibit 113: Ludlum Measurements Inc. - Product / Service
    • Exhibit 114: Ludlum Measurements Inc. - Key offerings
  • 10.8 Mirion Technologies Inc. 
    • Exhibit 115: Mirion Technologies Inc. - Overview
    • Exhibit 116: Mirion Technologies Inc. - Product / Service
    • Exhibit 117: Mirion Technologies Inc. - Key offerings
  • 10.9 Polimaster LLC 
    • Exhibit 118: Polimaster LLC - Overview
    • Exhibit 119: Polimaster LLC - Product / Service
    • Exhibit 120: Polimaster LLC - Key news
    • Exhibit 121: Polimaster LLC - Key offerings
  • 10.10 S.E. International Inc. 
    • Exhibit 122: S.E. International Inc. - Overview
    • Exhibit 123: S.E. International Inc. - Product / Service
    • Exhibit 124: S.E. International Inc. - Key offerings
  • 10.11 Teledyne FLIR LLC 
    • Exhibit 125: Teledyne FLIR LLC - Overview
    • Exhibit 126: Teledyne FLIR LLC - Business segments
    • Exhibit 127: Teledyne FLIR LLC - Key offerings
    • Exhibit 128: Teledyne FLIR LLC - Segment focus
  • 10.12 Thermo Fisher Scientific Inc. 
    • Exhibit 129: Thermo Fisher Scientific Inc. - Overview
    • Exhibit 130: Thermo Fisher Scientific Inc. - Business segments
    • Exhibit 131: Thermo Fisher Scientific Inc. - Key news
    • Exhibit 132: Thermo Fisher Scientific Inc. - Key offerings
    • Exhibit 133: Thermo Fisher Scientific Inc. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 134: Inclusions checklist
    • Exhibit 135: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 136: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 137: Research methodology
    • Exhibit 138: Validation techniques employed for market sizing
    • Exhibit 139: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 140: List of abbreviations
About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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