Strategic Analysis of the Global Gamma Nondestructive Testing (NDT) Radioactive Sources Market

  • ID: 3639912
  • Report
  • Region: Global
  • 57 Pages
  • Frost & Sullivan
1 of 4
Iridium-192 to be Phased out of the Market in Favor of Selenium-75 Over the Next 10–15 Years
The global gamma radioactive sources market for NDT applications is segmented by sources into Iridium-192, Selenium-75, and Cobalt-60. For Iridium-192 and Selenium-75, detailed unit shipment forecast has been provided. Pricing analysis and market position ranking for the top participants in the market have also been given. As the Cobalt-60 market is very small, only unit shipment forecast has been provided. The base year is 2015 and the forecast period is 2016 - 2020. With the recent oil price decline, the market will be turbulent. However, in the long term, Selenium-75 is expected to provide growth opportunities. Cobalt-60 is likely to be phased out in the next 15 years, while growth of Iridium-192 will be tepid in most regions.

Key Findings

- India, South Korea, Russia, China, and Japan are mainly self-contained markets. For Cobalt-60 and Iridium-192 sealed sources, end users in these countries do not import but rather acquire sources from local manufacturers.

- End users in Europe prefer European manufacturers of sealed sources and similarly, end users in North America prefer American manufacturers. As a result, participants in these two major regions find it challenging to penetrate the other region.

- Selenium-75 is a growth opportunity in the market. Iridium-192 sources have reached maturity and the volume is expected to grow at only X% CAGR while, Selenium-75 volumes are expected to grow at % CAGR globally.

- Oserix is among the best performing participants in the market; however, it is positioned as a distributor because it does not manufacture sealed sources. Oserix acquires sealed sources from various manufacturers such as EMI and Polatom.

- An extensive distribution network and the ability to slot into different manufacturers’ gamma radiography devices are key competitive differentiators for source manufacturers.
READ MORE
Note: Product cover images may vary from those shown
2 of 4
1. Executive Summary
  • Executive Summary - Key Findings
  • Market Definitions
2. Total Gamma Nondestructive Testing (NDT) Radioactive Sources Market
  • Market Drivers
  • Drivers Explained
  • Market Restraints
  • Restraints Explained
  • Market and Technology Trends
  • Unit Shipment Forecast Assumptions
  • Unit Shipment Forecast
3. Iridium-192 NDT Radioactive Sources Market
  • Iridium-192 - Supply Chain Analysis
  • Iridium-192 - Unit Shipment Forecast
  • Iridium-192 - Unit Shipment Forecast Discussion
  • Iridium-192 - Unit Shipment Forecast by Region
  • Iridium-192 - Unit Shipment Forecast by Region Discussion
  • Iridium-192 - Pricing Analysis: North America
  • Iridium-192 - Pricing Analysis: Europe
  • Iridium-192 - Market Position Ranking
4. Selenium-75 NDT Radioactive Sources Market
  • Selenium-75 - Supply Chain Analysis
  • Selenium-75 - Unit Shipment Forecast
  • Selenium-75 - Unit Shipment Forecast Discussion
  • Selenium-75 - Unit Shipment Forecast by Region
  • Selenium-75 - Unit Shipment Forecast by Region Discussion
  • Selenium-75 - Pricing Analysis: North America
  • Selenium-75 - Pricing Analysis: Europe
  • Selenium-75 - Market Position Ranking
5. Cobalt-60 NDT Radioactive Sources Market
  • Cobalt-60 - Unit Shipment Forecast
  • Cobalt-60 - Unit Shipment Forecast Discussion
6. The Last Word
  • The Last Word - 3 Big Predictions
  • Legal Disclaimer
7. Appendix
  • Additional Sources of Information on the Nondestructive Testing Market
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
- EMI
- Oserix
- Polatom
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll