DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Inorganic Scintillators Market - Analysis & Global Forecast to 2021" report to their offering.
The inorganic scintillators market is projected to reach USD 330.7 million by 2021 from USD 256.1 million in 2016, at a CAGR of 5.2% in the next five years (2016 to 2021).
The inorganic scintillators market is undergoing a significant transformation, with the changing landscapes of healthcare, nuclear power plants, homeland security and defense, and manufacturing industries. The growth of this market is majorly influenced by the dynamics of these industries.
Growing safety concerns post the Fukushima disaster, growing security threats, growing security budgets of global sporting events, increasing incidence of cancer, growth in the number of PET/CT scans, and growing threat of nuclear terrorism are some factors expected to drive the growth of the global inorganic scintillators market in the coming years.
On the other hand, factors such as shortage of a nuclear power workforce worldwide and nuclear power phase-out in some European countries are expected to restrain the growth of the market. However, the increase in the number of nuclear power plants in India and Pacific countries, growing focus on clean and reliable electricity generation in China, and the decision of the Japanese government to reverse its nuclear power phase-out are posing lucrative opportunities for the inorganic scintillators market.
In the coming years, the inorganic scintillators market is expected to witness the highest growth in the Asia-Pacific region, with emphasis on India, China, and Japan. This can be attributed to factors such as high spending on homeland security in Asia, Japan's decision to continue with the use of nuclear power, high growth expected in China's nuclear power industry, presence of global and local players in the Chinese market, increasing number of nuclear power plants in India, and increasing installations of nuclear imaging systems in India.
- Alpha Spectra, Inc.
- Crystal Co., Ltd.
- Dynasil Corporation of America
- Hamamatsu Photonics K.K.
- Hitachi Metals Group
- Nihon Kessho Kogaku Co., Ltd.
- Rexon Components, Inc.
- Saint-Gobain S.A.
- Shanghai Siccas High Technology Corporation
Toshiba Materials Co., Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Global Inorganic Scintillators Market, By Scintillation Material
7 Global Inorganic Scintillators Market, By Type
8 Inorganic Scintillators Market, By Application
9 Global Inorganic Scintillators Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/x84t53/inorganic