keyboard_arrow_up

Scintillator Market worth $479.16 Million by 2020, with a projected CAGR of 5.62%

According to a new market research report “Scintillator Market by Composition of Material, Application (Healthcare, Homeland security, Industrial application, Nuclear Power Plants, and others), End Product (Personal Instrument, Hand-Held Instruments, Fixed, and Installed Instruments) & Geography - Global Forecast and Analysis to 2013 – 2020”, published by MarketsandMarkets, the scintillator market is expected to grow at a CAGR of 5.62% from 2014 to 2020, and reach $479.16 Million in 2020.

Browse more than 76 data tables with 52 figures spread through 251 pages and in-depth TOC on “Scintillator Market”.
http://www.marketsandmarkets.com/Market-Reports/scintillator-market-214674977.html

Early buyers will receive 10% customization on this report.

Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=214674977

The elements behind the rapid upsurge in the scintillator market are the innovative and advanced technologies, government funding for increased R&D, wide need of radiation detection instruments across application markets, and development of high performance products at a low cost. In addition, depletion of Helium-3 for neutron detection in security operations, advancements in medical imaging and nuclear medicine, and increasing number of nuclear power plants is also believed to provide a further impetus to the growth of the scintillator market.

Till 2013, the ‘Americas’ held the largest revenue share followed by Europe— in scintillator materials, and related solutions. However, the APAC, with a CAGR of 9.56%, will be close to Europe in terms of the scintillator market revenue by 2020. The foremost factors accountable for the expansion of the scintillator market include improved resolution and performance requirement while optimizing the cost, increasing awareness for radiation safety measures, and demand for radiation safety devices.  APAC is the fastest growing and most promising market for scintillators due to the increasing number of upcoming nuclear reactors, high industrial growth, supportive government policies, and financial investment by the governments in R&D. The major companies operating in this market are Saint Gobain (France), Ludlum Measurements (U.S.), Zecotek Photonics Inc. (Canada), and Mirion Technologies (U.S.), among others.

The scintillator market is broadly categorized into: - composition of material, applications, end products, and geography. All the major segments are further segmented into sub segments. All the segments and sub segments are separately described in the report.

The market is expected to reach $479.16 Million by 2020, at an estimated CAGR of 5.62% from 2014 to 2020. The major driving factors for the scintillator market are:-demand for low cost and high performance scintillators, concern for safety in wake of the Fukushima disaster, growing demand for existing and new radiological medical applications, and investments in radiation monitoring equipment with respect to homeland security. The materials market includes the ‘Inorganic’ and ‘Organic’ scintillators. The scintillator market finds its application in the healthcare, homeland security, industrial applications, nuclear power industry, and scientific research sectors. The geography market is categorized into Americas, Europe, APAC, and ROW.

Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=214674977

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza, 
17304 Preston Road, 
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com