Quantcast

Scintillator Market Worth $479.16 Million by 2020 - New Report by MarketsandMarkets - 12 News KBMT and K-JAC. News, Weather and Sports for SE Texas

Scintillator Market Worth $479.16 Million by 2020 - New Report by MarketsandMarkets

Posted:

This article was originally distributed via PRWeb. PRWeb, WorldNow and this Site make no warranties or representations in connection therewith.

SOURCE:

Scintillator Market segmented on the basis of its chemical composition into inorganic and organic scintillators. The Americas held the largest revenue share followed by Europe in scintillator materials, and related solutions.

(PRWEB) July 01, 2014

According to a new market research report titled 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 94 data tables with 48 figures spread through 280 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 reports.

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.

For more details click here: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=214674977.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

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(at)marketsandmarkets(dot)com
MarketsandMarkets Blog: http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

For the original version on PRWeb visit: http://www.prweb.com/releases/scintillator-market/forecast-to-2020/prweb11989110.htm

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

Powered by WorldNow

Newsroom: (409) 838-1212
Front Desk: (409) 833-7512
News Fax: (409) 981-1564
News Email: 12News@kbmt12.com

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KBMT. All Rights Reserved.
Users of this site agree to the Terms of Service, Privacy Notice/Your California Privacy Rights, and Ad Choices.