The Report “Scintillator Market Research Report – By Product Type (Organic and Inorganic), By End-Product (Automatic and Hand-held), By Applications (Nuclear Power Plants, Medical and Healthcare and Others) and By Geography – Forecast (2015 – 2020)”, published by IndustryARC, estimates the global market to more than $450 Million by 2020.
A Scintillator is a material that exhibits Scintillation i.e. the Property of Luminescence when excited by ionizing radiation.
Scintillators are widely used on Nuclear Plants and have been gaining popularity in Healthcare Industry lately.
Nature of the Market:
Due to various new modifications in the Radiation Detection and Monitoring Technology, the market for Scintillators has witnessed a comprehensive growth in multiple applications like Nuclear Power Plants, Homeland Security and Medical & Healthcare etc.
According to IndustryARC research, the Global Scintillator Market is estimated to surpass $450 Million in terms of Revenue by 2020.
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Market Driving Factors:
- Various advancements in Radiation Detection Technology is the main cause for the increase in usage of Scintillators.
- National Security is also a major market driver due to continuous monitoring of radiation activities of unfriendly elements by developing countries.
- High Resolution, Low cost and Smaller Size are also integral factors driving the Global Scintillator Market.
The Global Scintillator Market is segmented based on following factors.
- By Materials Type: Organic and Inorganic.
- By Application: Nuclear Power Plants, Homeland Security, Medical and Healthcare, Others.
- By Geography: Americas, Europe, Asia-pacific and Rest of the World.
This study analyzes, estimates, and forecasts the Global Scintillator Market from the demand perspective in all possible terms from 2015 to 2020. The report also analyzes several market drivers and restraints along with their impact on the market during the forecast period.
Key Market Players:
Few leading competitors in the Scintillator Market are mentioned below:
- Applied Scintillation Technologies Ltd.
- Zecotek Photonics.
- Saint Gobain
- Hitachi Metals Ltd.
- Canberra Industries.
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