Market Overview:
The global industrial electron processing accelerator market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for medical and food industry applications and the growing number of installations across regions. Based on type, the low and mid-energy segment is expected to account for a larger share of the global industrial electron processing accelerator market in 2018. This segment is projected to grow at a CAGR of 7% from 2018 to 2030. However, high-energy accelerators are projected to grow at a higher rate during the forecast period owing their ability provide higher energy beams that are suitable for certain applications such as cancer treatment. Based on application, medical applications are expected account for majority share of global industrial electron processing accelerator market by 2030 end followed by food industry applications.
Product Definition:
Industrial electron processing accelerator is a device that uses electric fields to accelerate electrons. They are used in many industrial processes, such as the production of plastics, semiconductors and pharmaceuticals.
Low and Mid Energy:
Low and mid energy are the electron beam of low and medium power, used in industrial electron processing accelerator (EAP). Low energy electrons have kinetic energy less than or equal to 0.5 eV, while mid-energy have kinetic energy between 0.5 eV and 1.0 eV.
High-Energy:
High-Energy and it's usage in Industrial Electron Processing Accelerator market is expected to grow at a significant rate over the forecast period. The growth of this industry can be attributed to increasing demand for HEPAs from various sectors such as medical, oil & gas, academic institutes, and research laboratories. In addition, growing awareness regarding advantages offered by these systems over conventional ones is also expected to drive the market growth during the forecast period.
Application Insights:
The global demand for the electron processing accelerator has witnessed a paradigm shift due to its applications in various industry verticals. The medical segment accounted for a significant market share and is expected to grow at a CAGR of XX% from 2018 to 2030. This growth can be attributed to the increasing usage of EPCA in cardiac pacemakers, imaging devices, and other medical equipment.
Food industry accounted for another significant market share owing to growing use of EPCA in food processing equipment such as cheese making machines, meat grinding machinery etc. Other application areas include chemical industry (EPS foam production), pulp & paper industry (electron beam induced polymerization), mining sector (electronically-assisted extraction) among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. These countries are witnessing strong economic growth owing to various factors such as increasing population and industrialization. Moreover, these nations are also developing technologically advanced healthcare facilities on account of rising medical tourism activities in their respective countries.
The Asia Pacific region has a large number of manufacturers who use electron accelerators for various applications across industries such as food & beverage processing (meat products), pharmaceuticals (medicines), other metal manufacturing processes (zinc) etc., However North America accounted for a significant share due to high demand from end-use markets such as aerospace & defense sector; oil & gas industry; power generation; mining etc.
Growth Factors:
- Increasing demand for semiconductor and electronic products
- Growing number of industrial electron processing facilities
- Technological advancements in electron accelerator equipment and processes
- Rising demand from the medical industry for radiation therapy and cancer treatment
- Increasing number of research and development activities in the field of electron acceleration
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Electron Processing Accelerator Market Research Report
By Type
Low and Mid Energy, High-Energy
By Application
Medical, Food Industry, Other
By Companies
IBA, Wasik, Jiangsu Dasheng Electron Accelerator, IOTRON, CGN (Beijing) Nuclear Technology Application Co., Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Electron Processing Accelerator Market Report Segments:
The global Industrial Electron Processing Accelerator market is segmented on the basis of:
Types
Low and Mid Energy, High-Energy
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Food Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBA
- Wasik
- Jiangsu Dasheng Electron Accelerator
- IOTRON
- CGN (Beijing) Nuclear Technology Application Co., Ltd.
Highlights of The Industrial Electron Processing Accelerator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low and Mid Energy
- High-Energy
- By Application:
- Medical
- Food Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Electron Processing Accelerator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial Electron Processing Accelerator (IEP) is a type of electron accelerator that uses intense beams of electrons to produce high-energy particles, such as protons and neutrons. These particles are then used in various industrial processes, such as the production of nuclear weapons or medical imaging.
Some of the major players in the industrial electron processing accelerator market are IBA, Wasik, Jiangsu Dasheng Electron Accelerator, IOTRON, CGN (Beijing) Nuclear Technology Application Co., Ltd..
The industrial electron processing accelerator market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Electron Processing Accelerator Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Industrial Electron Processing Accelerator Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Industrial Electron Processing Accelerator Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Industrial Electron Processing Accelerator Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Industrial Electron Processing Accelerator Market Size & Forecast, 2018-2028 4.5.1 Industrial Electron Processing Accelerator Market Size and Y-o-Y Growth 4.5.2 Industrial Electron Processing Accelerator Market Absolute $ Opportunity
Chapter 5 Global Industrial Electron Processing Accelerator Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Electron Processing Accelerator Market Size Forecast by Type
5.2.1 Low and Mid Energy
5.2.2 High-Energy
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Electron Processing Accelerator Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Electron Processing Accelerator Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Food Industry
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Electron Processing Accelerator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Electron Processing Accelerator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Electron Processing Accelerator Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Electron Processing Accelerator Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Electron Processing Accelerator Market Size Forecast by Type
9.6.1 Low and Mid Energy
9.6.2 High-Energy
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Electron Processing Accelerator Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Food Industry
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Electron Processing Accelerator Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Electron Processing Accelerator Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Electron Processing Accelerator Market Size Forecast by Type
10.6.1 Low and Mid Energy
10.6.2 High-Energy
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Electron Processing Accelerator Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Food Industry
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Electron Processing Accelerator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Electron Processing Accelerator Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Electron Processing Accelerator Market Size Forecast by Type
11.6.1 Low and Mid Energy
11.6.2 High-Energy
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Electron Processing Accelerator Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Food Industry
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Electron Processing Accelerator Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Electron Processing Accelerator Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Electron Processing Accelerator Market Size Forecast by Type
12.6.1 Low and Mid Energy
12.6.2 High-Energy
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Electron Processing Accelerator Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Food Industry
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Electron Processing Accelerator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Electron Processing Accelerator Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Electron Processing Accelerator Market Size Forecast by Type
13.6.1 Low and Mid Energy
13.6.2 High-Energy
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Electron Processing Accelerator Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Food Industry
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Electron Processing Accelerator Market: Competitive Dashboard
14.2 Global Industrial Electron Processing Accelerator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBA
14.3.2 Wasik
14.3.3 Jiangsu Dasheng Electron Accelerator
14.3.4 IOTRON
14.3.5 CGN (Beijing) Nuclear Technology Application Co., Ltd.