Radiation Detection Monitoring And Safety Market 2024-2028
The radiation detection monitoring and safety market is forecasted to grow by USD 1900.9 mn during 2023-2028, accelerating at a CAGR of 7.6% during the forecast period. The report on the radiation detection monitoring and safety market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing military expenditure, increasing demand from healthcare industry, and regulations that mandate use of radiation detection, monitoring, and safety solutions.
Technavio's radiation detection monitoring and safety market is segmented as below:
By Application
- Healthcare
- Nuclear power plants
- Industrial applications
- Nuclear power plants
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the technological advancements in radiation detection as one of the prime reasons driving the radiation detection monitoring and safety market growth during the next few years. Also, integration of artificial intelligence and machine learning and increasing investment in smart housing will lead to sizable demand in the market.
The report on the radiation detection monitoring and safety market covers the following areas:
- Radiation Detection Monitoring And Safety Market sizing
- Radiation Detection Monitoring And Safety Market forecast
- Radiation Detection Monitoring And Safety Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading radiation detection monitoring and safety market vendors that include AMETEK Inc, Amray Medical, Arktis Radiation Detectors Ltd., Baker Hughes Co., Bar Ray Products Inc., Centronic Ltd, ECOTEST, Fuji Electric Co. Ltd., Honeywell International Inc., International Medcom Inc., John Caunt Scientific Ltd., LANDAUER, Ludlum Measurements Inc., Mirion Technologies Inc., Polimaster LLC, Rapiscan Systems Inc., S.E. International Inc., Teledyne Technologies Inc., Thermo Fisher Scientific Inc., and Unfors RaySafe AB. Also, the radiation detection monitoring and safety market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.