Neutron Detectors Market Value is $583.80 m in 2017 and it is growing at a CAGR of 11.25% during the forecast 2018-2023.
America leads in Neutron Detection Market growing at a CAGR of 10.02% to reach a value of $439.59 million by 2023. U.S., is the leading market to grow at a CAGR of 8.65% and a maximum holder among all the regions. According to analysis, U.S is the most prominent for
development in medical sector as well as in the cancer treatment equipment. Europe is the leading region to grow at a CAGR of 8.94% to reach a value of $291.30 million by 2023.
Selected Analysis Done in the Neutron Detection Report:
Increasing applications of neutron detector have been growing in the medical as well as the
aerospace industries along with research and development. On the basis of this system type is distributed into LLAND, fast detector, scintillator, semiconductor detector, gas proportional, RIID and others. Among all the type Portal Monitor is the leading system type in the market,
which is seen to grow at a CAGR of 11.46% to reach value of $182.15 million by 2023.
Excerpts on Market Growth Factors Mentioned in the Neutron Detection Report:
Increase in terrorist activities has led the market to adopt radar detector equipment in airports, dockyards, international train stations and so on. Installation of various types of screening equipment is gradually increasing to detect nuclear treats and take preventive countermeasures. The research and development activities across major universities in the quantum physics to explore the possibilities at the atomic level, are growing with promising investments. This analyze to drive the neutron detection in the future.
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