According to IMARC Group's latest research report, titled "Europe Scintillator Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights into the market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The Europe scintillator market size reached US$ 139.2 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 178.6 Million by 2027, exhibiting a growth rate (CAGR) of 4.11% during 2022-2027.
A scintillator is a material that collides with an incoming particle and absorbs high-energy photons and incident particles to emit pulses of light. It is made using organic and inorganic crystals, organic liquids, and noble and scintillating gases. As it is cost-efficient and offers fast response time, it is widely used in Europe to detect particles in nuclear and particle physics.
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Europe Scintillator Market Growth:
The rising incidences of lifestyle diseases, along with the increasing integration of scintillators in various medical equipment, represents one of the key factors impelling the market growth. Moreover, scintillators are employed in the defense and military sectors to strengthen homeland security. Apart from this, they are used to detect high-intensity gamma radiation and monitor nuclear material and waste. This, in confluence with the rising adoption of alternative energy sources, is escalating the demand for scintillators across the region. Furthermore, the increasing number of nuclear power reactors and rising investments in research and development (R&D) projects are contributing to the market growth. Furthermore, increasing national security concerns are expanding the applications of scintillators in the defense and military sector. In line with this, there has been a rise in the demand for scintillators for developing airborne radiation mapping platforms for detecting radionuclides in case of nuclear power plant failure.
Key Market Segmentation:
Breakup by Composition of Material:
In-Organic Scintillators
Alkali Halides
Oxide Based Scintillators
Others
Organic Scintillators
Single Crystal
Liquid Scintillators
Plastic Scintillators
Breakup by End Product:
Personal or Pocket Size Instruments
Hand-Held Instruments
Fixed, Installed, and Automatic Instruments
Breakup by Application:
Healthcare
Nuclear Power Plants
Manufacturing Industries
Homeland Security and Defense
Others
Breakup by Country:
Germany
France
United Kingdom
Italy
Spain
Others
Key Highlights of the Report:
Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
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