Apr 17, 2023

Other

Ankush Nikam

Demand for touchless Inspection to drive the Industrial Linear Accelerator Market, reaching US$ 5.48 Billion by the year 2032 at a CAGR of 4.5% in the forecast period 2022 to 2032

NEWARK, Del: The global Industrial Linear Accelerator Market was worth US$ 2.97 Billion in the year 2022 and is expected to reach US$ 5.48 Billion by the year 2032 at a CAGR of 4.5% between 2022 and 2032.

Application areas of the industrial linear accelerator market include disposal of medical waste, cargo inspection, food irradiation, agriculture, aerospace, gemology, castings inspection, rocket motors, and defense/missile systems. Moreover, scanning devices are used for cargo and vehicles as the material being inspected doesn’t get adversely affected and saves money and time. As such, the industrial linear accelerators have turned out to be an indispensable component of waste management, metal casting, mining, and food and preservatives verticals.

Marco Carlone, an expert in linear accelerators, has come up with an online simulation tool to serve medical physicists; which is likely to bring about a revolution in the industrial linear accelerator market going forward. An increase in non-invasive modes of treatment is also expected to accelerate the industrial linear accelerator market in the near future.

Future Market Insights has etched these findings with future perspectives in its latest market study entitled ‘Industrial Linear Accelerator Market’. It has a team of analysts and consultants to deploy a bottom-up approach across macros and micros.

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“With industrial linear accelerators having wide applications in government as well as private sectors, the global industrial linear accelerator market is likely to grow remarkably in the near future”, says an analyst from Future Market Insights.

Key Takeaways from Industrial Linear Accelerator Market

  • Europe holds close to 28% of the market share due to the increasing frequency of inbound and outbound international trade.
  • North America holds more than 20% of the market share due to a spike in industrial production in the US.
  • The Asia-Pacific is expected to grow at a rapid pace in the industrial linear accelerator market with Industry 4.0 doing the rounds.

Competitive Accelerators

  • Altair Technologies, in the year 2019, did announce the new-fangled website serving several industries like medical, security, defense, and likewise.
  • CGN Dahseng Company, in the year 2019, Nondestructive Testing Company, and Thailand Advanced Sterilization Company inked an agreement for the electron beam technology. The objective is of endorsing building an Electron Accelerator Application Research Centre in Thailand.
  • Varian, in April 2021, inked an agreement with Icon Group for providing 30 linear accelerators and treatment software linked with it to help in tackling the growing incidences of cancer.

Some of the key players in the market are:

  • MITSUBISHI HEAVY INDUSTRIES, LTD.
  • Wasik Associates Inc.
  • VIVIRAD S.A
  • Iotron Industries Canada, Inc.
  • IBA Group
  • Jiangsu dashing accelerator manufacturer co., LTD
  • DIONDO GMBH
  • High Voltage Engineering Europa B.V. (HVE)
  • NISSIN ELECTRIC Co., Ltd.
  • Varian Medical Systems, Inc.

Are you looking for customized information related to the latest trends, drivers, and challenges? Speak to Our Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-5091

What does the Report state?

  • The research study is based on end-use (automotive industry, metal casting industry, aerospace industry, missile/defense industry, food processing industry, food processing industry, medical waste disposal services industry, and likewise), by varying energy ranges industry (2 – 4 MeV, 5 – 7 MeV, 8 – 10 MeV, 10 – 12 MeV, and likewise), and by application (industrial radiography, cargo screening, radiation processing, polymer modification, sterilization, food preservation, waste treatment, and likewise).
  • With industrial linear accelerators increasingly being used to facilitate non-destructive testing for evaluating properties of diverse materials without rendering any damage, the global industrial linear accelerator market is expected to witness splendor in the forecast period.

Industrial Linear Accelerator Market

Key Segments:

On the basis of End Use Industry:

  • Automotive industry
  • Metal casting industry
  • Aerospace industry
  • Missile/defence industry
  • Food processing industry
  • Medical Waste Disposal Services Industry
  • Others

On the basis of the Varying Energy Ranges Industry:

  • 2 MeV - 4 MeV
  • 5 MeV - 7 MeV
  • 8 MeV - 10 MeV
  • 10 MeV - 12 MeV
  • Others

On the basis of the Application:

  • Industrial Radiography
  • Cargo Screening
  • Radiation Processing
  • Polymer Modification
  • Sterilization
  • Food Preservation
  • Waste Treatment
  • Others

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Table of Content

  1. Executive Summary | Industrial Linear Accelerator Market

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

  1. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

  1. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and Their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyers

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

  1. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032

    4.1. Historical Market Size Value (US$ Million) & Volume (Unit) Analysis, 2017 to 2021

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Unit) Projections, 2022 to 2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

Complete TOC with Report Preview @ https://www.futuremarketinsights.com/reports/industrial-linear-accelerator-market

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About Future Market Insights (FMI) 

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