Radiation Detection Market worth $466.5 Million by 2020 - New Research Report by MarketsandMarkets
(PRWEB) February 28, 2015 -- The global radiation detection, monitoring and safety market for nuclear power plants, homeland security defense and the manufacturing industry were valued at $342.5 million $152.3 million and $93.8 million respectively in the year 2014.
More than 60 nuclear power plants are under construction in 13 countries including China, India, Russia, Korea, France, Finland and the UAE. Hence nuclear power will continue to grow although countries like Germany, Italy and Switzerland have decided to abandon nuclear power.
China is leading the world in terms of the number of new nuclear power plant projects and the Fukushima disaster has had no impact on country’s plan to develop nuclear power. India has seven reactors under construction. Currently it has the largest number of reactors under construction in the world.
The radiation detection market is primarily driven by gas-filled detectors and personal dosimeters. Geiger Mueller counters is the largest market for nuclear power plant and the manufacturing industry owing to their economical, portable and durable nature.
Further Inquiry@ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=987
Scintillators dominated the gas-filled detectors market for homeland security and defense industry due to their ability to detect extremely low levels of radiation making them suitable for use in homeland security and defense.
Geiger-Mueller counters are particle detectors that are used to measure ionizing radiation which is produced in a low-pressure gas in a Geiger-Mueller tube. They detect the emission of nuclear radiation at the nuclear power plants. Each detected particle further produces a pulse of current. These detectors are composed of two main parts namely the Geiger-Mueller tube and the processing & display electronics. A Geiger-Mueller tube is filled with inert gases such as helium, neon and argon.
Geiger-Mueller counters are preferred as they are economical, portable and durable. These can also be easily used in the form of hand-held survey meters, which is their key advantage over proportional counters.
Personal dosimeters are devices used by people who work in close contact with sources of harmful radiations. These devices monitor and measure doses of ionizing radiations such as gamma rays, X-rays and beta particles in the fields of radiology, nuclear medicine and radiation oncology. Personal dosimeters are worn or carried by individuals. The most commonly used personal dosimeters are of three types namely film badges, thermo luminescent dosimeters (TLDs) and optically stimulated luminescence (OSL) dosimeters
Personal dosimeters are extremely handy and are available in the form of either badge or ring. Technological advancements such as the advent of optically stimulated luminescence (OSL) technology which offers high accuracy in measuring low radiation doses are driving the growth of the market.
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: [email protected]
Visit MarketsandMarkets Blog @http://mnmblog.org/market-research/healthcare/medical-devices
Mr. Rohan, MarketsandMarkets, http://www.marketsandmarkets.com/, +91 9881155004, [email protected]
Share this article