Global CZT Radiation Detector Market Growth 2025-2031

The global CZT Radiation Detector market size is predicted to grow from US$ 67.9 million in 2025 to US$ 103 million in 2031; it is expected to grow at a CAGR of 7.2% from 2025 to 2031.

Cadmium Zinc Telluride (CZT) is used in the production of radiation detectors (x-ray and gamma-ray) that do not require cooling and obtain excellent resolution by directly converting radiation into an electrical signal. High purity raw materials (cadmium, tellurium and zinc) are required to manufacture this type of detector. Cadmium zinc telluride (CZT) radiation detector is a new type of semiconductor detector, which has the advantages of high atomic number, wide band gap and high density (effective atomic number 50, density 5.81 g/cm3, Eg=1.6eV), etc. It is beneficial to the detection and analysis of low-energy X-rays and g-rays.

Global 5 largest manufacturers of CZT Radiation Detector are Redlen Technologies, Mirion Technologies, Kromek, Imdetek and XZ LAB, which make up over 60%. Among them, Redlen Technologies is the leader with about 24% market share.

North America is the largest market, with a share about 40%, followed by Europe and Asia-Pacific, with the share about 26% and 24%. In terms of product type, Spectroscopy Grade occupies the largest share of the total market, about 60%. And in terms of application, the largest application is Medical, followed by Industrial.

LP Information, Inc. (LPI) ' newest research report, the “CZT Radiation Detector Industry Forecast” looks at past sales and reviews total world CZT Radiation Detector sales in 2024, providing a comprehensive analysis by region and market sector of projected CZT Radiation Detector sales for 2025 through 2031. With CZT Radiation Detector sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CZT Radiation Detector industry.

This Insight Report provides a comprehensive analysis of the global CZT Radiation Detector landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on CZT Radiation Detector portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global CZT Radiation Detector market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CZT Radiation Detector and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global CZT Radiation Detector.

This report presents a comprehensive overview, market shares, and growth opportunities of CZT Radiation Detector market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Counter Grade
Spectroscopy Grade

Segmentation by Application:
Medical
Industrial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Redlen Technologies
Mirion Technologies
Kromek
Imdetek
XZ LAB
ZRF Ritec SIA
Baltic Scientific Instruments (BSI)
Eurorad

Key Questions Addressed in this Report

What is the 10-year outlook for the global CZT Radiation Detector market?

What factors are driving CZT Radiation Detector market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do CZT Radiation Detector market opportunities vary by end market size?

How does CZT Radiation Detector break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.