Scintillator Market is set to Cross 450 Million USD Worldwide by 2020 – IndustryARC Research

“Nuclear Power Plants and Healthcare Industries stand as the major market drivers for Scintillators.”
New Technological Advancements in Radiation Detection and Monitoring have led to the Rise of Scintillator Market in Various Applications like Nuclear Plants, Homeland Security, Medical & Healthcare and Others.

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.

Market Segmentation:

The Global Scintillator Market is segmented based on following factors.

  1. By Materials Type: Organic and Inorganic.
  2. By Application: Nuclear Power Plants, Homeland Security, Medical and Healthcare, Others.
  3. By Geography: Americas, Europe, Asia-pacific and Rest of the World.

Report Scope:

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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About IndustryARC:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

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