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Radiation Detection, Monitoring and Safety Products: Global Strategic Business Report

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    Report

  • 209 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 3502816

Global Radiation Detection, Monitoring and Safety Products Market to Reach $3 Billion by 2030

The global market for Radiation Detection, Monitoring and Safety Products estimated at US$2.1 Billion in the year 2022, is projected to reach a revised size of US$3 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030. Detection & Monitoring, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$1.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Safety segment is readjusted to a revised 3.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $581.5 Million, While China is Forecast to Grow at 7.4% CAGR

The Radiation Detection, Monitoring and Safety Products market in the U.S. is estimated at US$581.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$635.2 Million by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 4.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.

Select Competitors (Total 74 Featured) -

  • Ametek, Inc.
  • Arktis Radiation Detectors Ltd.
  • ATOMTEX
  • CANBERRA Industries, Inc.
  • Centronic Ltd.
  • Fluke Biomedical
  • Fuji Electric Co., Ltd.
  • GE Measurement & Control
  • LANDAUER, Inc.
  • LND Inc.
  • Ludlum Measurements, Inc.
  • Mirion Technologies, Inc.
  • Panasonic Corporation of North America
  • Radiation Monitoring Devices, Inc.
  • RAE Systems, Inc.
  • Redlen Technologies, Inc.
  • SE International, Inc.
  • Smiths Detection
  • Thermo Fischer Scientific Inc.
  • Ultra Electronics - Nuclear Control Systems

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Market Outlook
  • Outlook by Sector
  • Outlook by Region
  • Geiger-Müller Counters: Preferred Detectors for Manufacturing Industry
  • Personal Dosimeters Market: Protecting Individuals from Risk of Radiation Exposure
  • Portal Monitors - Ideal for Securing Borders and Facilities
  • Scintillators: Innovations Foster Adoption in Various End-Use Sectors
  • Inorganic Scintillators Market
  • Recent Market Activity
  • Competitive Landscape
  • Radiation Detection, Monitoring and Safety Products - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
  • Ametek, Inc. (US)
  • Arktis Radiation Detectors Ltd. (Switzerland)
  • ATOMTEX (Belarus)
  • Centronic Ltd. (UK)
  • Fluke Biomedical (US)
  • Fuji Electric Co., Ltd. (Japan)
  • GE Measurement & Control (US)
  • LANDAUER, Inc. (US)
  • LND Incorporated (US)
  • Ludlum Measurements, Inc. (US)
  • Mirion Technologies, Inc. (US)
  • CANBERRA Industries, Inc. (US)
  • Panasonic Corporation of North America (US)
  • Radiation Monitoring Devices, Inc. (US)
  • RAE Systems, Inc. (US)
  • Redlen Technologies, Inc. (Canada)
  • SE International, Inc. (US)
  • Smiths Detection (UK)
  • Thermo Fisher Scientific, Inc. (US)
  • Ultra Electronics - Nuclear Control Systems (UK)
3. MARKET TRENDS & DRIVERS
  • Healthcare: The Major End-Use Market for Radiation Detection & Monitoring Devices
  • Increasing Cancer Incidence - A Business Case for Radiation Detection Devices
  • Growing Popularity of Radiation Therapy Augurs Well for Radiation Detection Market
  • Increasing Adoption of Nuclear Medicine Imaging to Stir Up Demand for Radiation Detection Devices
  • Security Threats Bolster Demand for Radiation Detection Devices from Defense & Homeland Security Sectors
  • Increasing Need for Radiation Detection in Industrial and Scientific Markets
  • Resurgent Growth in Nuclear Power Generation Market - An Opportunity to Tap
  • Fukushima Disaster Redirects Focus on Radiation Detection Devices
  • Phase Out of Nuclear Power Plants: A Reason to Worry for Radiation Detection Market?
  • Proposals to Add Nuclear Power Plants in Asia - Opportunities for Growth
  • Shift towards Renewable Energy - Implications for Radiation Detection at Nuclear Plants
  • Rising Demand for Radiation Detection Materials
  • Newer Materials Influence Radiation Detection Devices Market
  • Search for Helium-3 Gains Momentum
  • Focus on Reducing Cost and Improving Performance of Materials
  • Rare Earth Metals in the Spotlight
  • CZT Compounds Gain Attention across Industries
  • CZT Shows Tremendous Promise in Nuclear Medicine
  • Competitive Landscape in CZT Production
  • Existing and Emerging Sensor Technologies in PRDs & SPRDs
  • Comparison of Select Commercial PRDs with Neutron Detection
  • Comparison of Select Commercial SPRDs with Neutron Detection
  • Breakthroughs & Advancements in Radiation Detection & Monitoring
  • Advancements Aid in Faster & Effective Cargo Scanning
  • MMPDS - Enabling Faster Detection through Densely Shield Threats
  • MRDIS - Monitoring Trans-Shipment Cargo
  • Rhombus Power Develops Mercury Platform: A Solution to Helium-3 Shortage
  • Liverpool Researchers and CANBERRA to Develop Instruments for Detecting Low-Level Radiation
  • Researchers to Develop Device for Gene Analysis to Assess Radiation Exposure
  • Purdue Researchers Develop Low-Cost Radiation Sensors
  • University of Michigan Researchers Develop Polaris-H Nuclear Radiation Detector
  • App Transforms Smartphone Cameras into Radiation Detectors
  • DNDO Encourages R&D for Breakthrough Technologies to Detect Radiation
  • Stilbene - Enabling Faster Neutron Detection
  • New Technologies for SPRD to Improve Detection of Nuclear/Radiological Sources
  • Dual Gamma-Neutron Detector Materials for Compact Detectors
  • Intelligent Radiation Sensing Systems - Networking Portable Radiation Detectors
  • SNAR Program - Technology to Efficiently Detect Radiation Threats
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Gas-Filled Detectors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Gas-Filled Detectors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 3: World 18-Year Perspective for Gas-Filled Detectors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Scintillators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Scintillators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 6: World 18-Year Perspective for Scintillators by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Solid-State Detectors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Solid-State Detectors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 9: World 18-Year Perspective for Solid-State Detectors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Homeland Security & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Homeland Security & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 12: World 18-Year Perspective for Homeland Security & Defense by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 15: World 18-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 18: World 18-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 21: World 18-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Radiation Detection, Monitoring and Safety Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Radiation Detection, Monitoring and Safety Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 24: World 18-Year Perspective for Radiation Detection, Monitoring and Safety Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Detection & Monitoring by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Detection & Monitoring by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 27: World 18-Year Perspective for Detection & Monitoring by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Safety by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 29: World Historic Review for Safety by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 30: World 18-Year Perspective for Safety by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Nuclear Power by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 32: World Historic Review for Nuclear Power by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2021 and % CAGR
  • Table 33: World 18-Year Perspective for Nuclear Power by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
  • Table 34: World Radiation Detection, Monitoring and Safety Products Market Analysis of Annual Sales in US$ Million for Years 2012 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Radiation Detection, Monitoring and Safety Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Radiation Detection, Monitoring and Safety Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Radiation Detection, Monitoring and Safety Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Radiation Detection, Monitoring and Safety Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Radiation Detection, Monitoring and Safety Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Radiation Detection, Monitoring and Safety Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Radiation Detection, Monitoring and Safety Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Radiation Detection, Monitoring and Safety Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Radiation Detection, Monitoring and Safety Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Radiation Detection, Monitoring and Safety Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Radiation Detection, Monitoring and Safety Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Radiation Detection, Monitoring and Safety Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Radiation Detection, Monitoring and Safety Products Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Ametek, Inc.
  • Arktis Radiation Detectors Ltd.
  • ATOMTEX
  • CANBERRA Industries, Inc.
  • Centronic Ltd.
  • Fluke Biomedical
  • Fuji Electric Co., Ltd.
  • GE Measurement & Control
  • LANDAUER, Inc.
  • LND Inc.
  • Ludlum Measurements, Inc.
  • Mirion Technologies, Inc.
  • Panasonic Corporation of North America
  • Radiation Monitoring Devices, Inc.
  • RAE Systems, Inc.
  • Redlen Technologies, Inc.
  • SE International, Inc.
  • Smiths Detection
  • Thermo Fischer Scientific Inc.
  • Ultra Electronics - Nuclear Control Systems

Table Information