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Nano Radiation Sensors Market Share, Size 2019-2024 | Industry Analysis, Overview of Market Dynamics, Top Key Players, and Regional Forecast to 2024


The “Nano Radiation Sensors Market” report 2019 covers all the significant developments which are recently being adopted across the global market. The prime objective of Nano Radiation Sensors market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends and opportunities. The Nano Radiation Sensors market report covers both the demand and supply aspect of the market. The report also highlighted the future trends in the Nano Radiation Sensors market that will impact the demand during the forecast period.

Scope of the Report:

  • Carbon nanotube-based sensors are particularly suitable and promising for chemical and radiation detection because the technology can be used to fabricate gas or liquid chemical sensors that have extremely low power requirements and are versatile and ultra-miniature in size, with added cost benefits.

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    Market Overview:

  • The global nano radiation sensors market was USD 224.73 million in 2018 and is expected to record a CAGR of over 6.72%, during the forecast period (2019-2024) and is likely to reach a market value of USD 334 million by 2024. The growth of nanotechnology-based sensors and detectors has been buoyed by the trend of miniaturization, which led to the well-established field of nanotechnology. Electronic, optical, and mechanical nanotechnologies have all profited from the smaller, smarter, and less costly sensors that resulted from work with ICs, fiber optics, other micro-optics, and MEMS (microelectromechanical systems).
  • The promise of miniaturization constituted the beginning of the field of nanotechnology. This trend has proliferated across the manufacturing of ever-smaller mechanical, optical, medical, and electronic products and devices.
  • Manufacturing of nanosensors is application specific, due to which there are multiple challenges associated with it.
  • Further, the availability of advanced instruments, such as automated reader instruments, electronic radiation measuring instruments, alarm badges, and thermoluminescent dosimeters (TLD), is increasing the range of applications for the detection and monitoring devices. Technological developments in the segment have resulted in the development of more accurate detectors and monitors, and have led to the introduction of portable, durable, and economical devices, augmenting the growth of the market studied.
  • The future of the market is buoyed by the increasing number of startups investing in this field as well as massive R&D investments, initiatives taken by the government by funding for new nanotechnology device discovery, growing demand for radiological medical applications, and increasing investments for homeland security. They offer good quantum efficiency and can determine the energy of incident radiation as well as the intensity. Such kind of scintillation counter can mainly operate in air or vacuum.

    Some of the Top Key Players of Nano Radiation Sensors Market Report Are:

  • Analog Devices Inc.
  • Robert Bosch GmbH
  • Nihon Kessho Kogaku Co. Ltd
  • Thermo Fisher Scientific Inc.
  • Baker Hughes (General Electric)
  • Rae Systems Inc. (Honeywell International Inc.)
  • First Sensor AG
  • Hamamatsu Photonics KK
  • Toshiba Corporation

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

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    Key Market Trends:

    Consumer Electronics End User to Account for Largest Share

    End-users across nations are increasingly demanding high-performance devices with reliable and highly portable computing platforms. Connectivity over wireless networks such as Wi-Fi, 3G, 4G, and Bluetooth to facilitate easy data exchange and transfer has been increasing rapidly.
    This has led to wireless computing devices, such as tablets, smartphones, wearables, and sensors, flooding the market. Wireless computing devices require a high level of integration, which, in turn, is propelling the development of a number of new designs to support multiple applications on a single platform. In such a market scenario, the need for innovative, low-cost testing solutions can facilitate cost efficiencies and ensure quick market entry of the product.
    Regional factors have impacted production facility investments. For instance, America’s tariffs on goods made in China influenced semiconductor companies (SK Hynix,, and Mitsubishi Electric), to move their production back to Asia, thus making Asia, a potential market for nanosensors.

    United States to Account for Significant Share

    The United States is the largest market for nano radiation sensors in the global market. The country has a high demand from almost all the end-user segments alike, which is one of the major driving factors for the increasing demand from the country. However, the major contributors to the demand include healthcare, automotive and industrial, aerospace and defense, and power generation sectors.
    The healthcare sector in the country is one of the major sources of demand for nano radiation sensors. Immense research and clinical trial activity in the country always keeps the demand from this sector high. In fact, according to the Pharmaceutical Research and Manufacturers of America (PhRMA), pharmaceutical companies in the United States spent a record USD 71.4 billion on research and development activities in 2017 (over 26%, spent on Phase I, II, and III clinical trials, by each company involved in clinical trials).
    Also, the United States comprises the most significant market for advanced defense equipment and services in the world. According to the General Aviation Manufacturers Association (GAMA), as of 2017, the country produced more than 1596 general aviation airplanes (do not involve military aircraft).
    Further, the United States is the world’s largest producer of nuclear energy with 98 operating nuclear power reactors as of October 2018. It is estimated that the country accounts for approximately 30% of global nuclear power generation capacity. In fact, as of 2017, the nuclear power generation segment was responsible for 20% of the total electricity output.
    Over the forecast period, such initiatives are expected to open new market opportunities to the nano radiation sensors in the power generation sector.

    The Report Covers:

    • Comprehensive research methodology of Nano Radiation Sensors market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Nano Radiation Sensors market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

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    Detailed TOC of Nano Radiation Sensors Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Growing Trend of Miniaturization Across Various Industries
    4.3.2 Advancements in Nanotechnology Supported by Government Regulations
    4.4 Market Restraints
    4.4.1 Complexity in Manufacturing and Potential Risks Involved in Adopting Radiation Nanosensors
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness Porters Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5.1 By Type
    5.1.1 Scintillation Detectors
    5.1.2 Solid-state Detectors
    5.2 By Application
    5.2.1 Automotive
    5.2.2 Consumer Electronics
    5.2.3 Healthcare
    5.2.4 Industrial
    5.2.5 Oil and Gas
    5.2.6 Power Generation
    5.2.7 Other Applications
    5.3 Geography
    5.3.1 North America US Canada
    5.3.2 Europe Germany UK France Russia Spain Italy Rest of Europe
    5.3.3 Asia-Pacific China Japan India Rest of Asia-Pacific
    5.3.4 Latin America Brazil Argentina Mexico Rest of Latin America
    5.3.5 Middle East and Africa UAE Saudi Arabia South Africa Rest of Middle East and Africa

    6.1 Company Profiles
    6.1.1 Analog Devices Inc.
    6.1.2 Robert Bosch GmbH
    6.1.3 Nihon Kessho Kogaku Co. Ltd
    6.1.4 Thermo Fisher Scientific Inc.
    6.1.5 Baker Hughes (General Electric)
    6.1.6 Rae Systems Inc. (Honeywell International Inc.)
    6.1.7 First Sensor AG
    6.1.8 Hamamatsu Photonics KK
    6.1.9 Toshiba Corporation




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