Market Overview:
The global irradiation accelerator market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food irradiation and medical applications, and technological advancements in the field of irradiation accelerators. Based on type, the global irradiation accelerator market is segmented into low-energy accelerators and mid-energy accelerators. The low-energy accelerator segment is projected to grow at a higher CAGR than the mid-energy accelerator segment during the forecast period. This growth can be attributed to factors such as rising demand for food irradiation and increasing number of medical applications requiring low energy levels for treatment purposes. Based on application, the global irradiation accelerator market is divided into medical, food industry, industrial, and scientific research segments. The medical application segment accounted for a major share of this market in 2017 owing to an increase in adoption rates across developed countries such as UJS., Canada., Germany., France., Italy., Spain,.and Japan.
Product Definition:
Irradiation Accelerator is a device that uses radiation to increase the speed of an object. It is used to treat materials with radiation in order to change their properties.
Low and Mid Energy:
Low and mid energy are the two types of irradiation accelerators used in nuclear power plants. Low energy accelerates the radioactive elements to a high speed, while mid-energy does so with intermediate speeds. The difference between them is that low energy has higher initial impact but finishes its task quicker than mid-energy; both have an average lifespan of around ten years.
The global market for low.
High Energy:
High energy is a form of ionizing radiation which can be electromagnetic, electro-magnetic or nuclear. It has different forms such as X-rays, Gamma rays, Ultraviolet light and electron beam. The amount of high energy used in irradiation accelerators depends upon the type of high energy source available for use.
Application Insights:
The industrial segment dominated the global market with a share of over 60.0% in 2017 and is expected to witness significant growth over the forecast period. The growing demand for high-quality products that are free from radioactivity is anticipated to boost industry growth during the study period.
The medical application segment accounted for a revenue share of 19.1% in 2017 owing to increasing usage of low-level radiation as an alternative therapy in various medical fields such as oncology and cardiology among others which has resulted in increased product demand globally.
Regional Analysis:
North America held the largest market share in 2016 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to increasing demand for medical treatments that use ionizing radiation, coupled with a rise in nuclear power generation. Europe accounted for second-largest market share owing to high penetration of advanced technologies such as irradiation in several industrial sectors including food & beverage, pharmaceuticals and metal treatment.
The global market has been segmented into North America, Europe, Asia Pacific (excluding Japan), South America and Middle East Africa (MEA).
Growth Factors:
- Increasing demand for food irradiation owing to the rising population and changing food habits
- Growing awareness about the benefits of food irradiation among consumers
- Proliferation of supermarkets and retail stores that offer irradiated foods
- Rising demand for processed foods due to busy lifestyles of consumers
- Technological advancements in radiation technology that improve efficiency and safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Irradiation Accelerator Market Research Report
By Type
Low and Mid Energy, High Energy
By Application
Medical, Food Industry, Industrial, Scientific Research
By Companies
IBA, Wasik, Jiangsu Dasheng Electron Accelerator, IOTRON, Metal Technology Co. Ltd. (MTC), Sumitomo Heavy Industries, 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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Irradiation Accelerator Market Report Segments:
The global Irradiation 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, Industrial, Scientific Research
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
- Metal Technology Co. Ltd. (MTC)
- Sumitomo Heavy Industries, Ltd.
Highlights of The Irradiation 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
- Industrial
- Scientific Research
- 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 Irradiation 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
- Identifying Appropriate Advertising Appeals
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?
An irradiation accelerator is a device that accelerates the rate of radiation exposure to a material. It can be used in various industrial and scientific applications, such as radiography, nuclear medicine, and cancer therapy.
Some of the key players operating in the irradiation accelerator market are IBA, Wasik, Jiangsu Dasheng Electron Accelerator, IOTRON, Metal Technology Co. Ltd. (MTC), Sumitomo Heavy Industries, Ltd..
The irradiation accelerator market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Irradiation 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 Irradiation Accelerator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Irradiation 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 Irradiation 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 Irradiation Accelerator Market Size & Forecast, 2018-2028
4.5.1 Irradiation Accelerator Market Size and Y-o-Y Growth
4.5.2 Irradiation Accelerator Market Absolute $ Opportunity
Chapter 5 Global Irradiation 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 Irradiation 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 Irradiation 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 Irradiation Accelerator Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Food Industry
6.2.3 Industrial
6.2.4 Scientific Research
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Irradiation 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 Irradiation 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 Irradiation Accelerator Analysis and Forecast
9.1 Introduction
9.2 North America Irradiation 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 Irradiation 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 Irradiation Accelerator Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Food Industry
9.10.3 Industrial
9.10.4 Scientific Research
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 Irradiation Accelerator Analysis and Forecast
10.1 Introduction
10.2 Europe Irradiation 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 Irradiation 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 Irradiation Accelerator Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Food Industry
10.10.3 Industrial
10.10.4 Scientific Research
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 Irradiation Accelerator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Irradiation 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 Irradiation 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 Irradiation Accelerator Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Food Industry
11.10.3 Industrial
11.10.4 Scientific Research
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 Irradiation Accelerator Analysis and Forecast
12.1 Introduction
12.2 Latin America Irradiation 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 Irradiation 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 Irradiation Accelerator Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Food Industry
12.10.3 Industrial
12.10.4 Scientific Research
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) Irradiation Accelerator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Irradiation 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) Irradiation 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) Irradiation Accelerator Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Food Industry
13.10.3 Industrial
13.10.4 Scientific Research
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 Irradiation Accelerator Market: Competitive Dashboard
14.2 Global Irradiation 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 Metal Technology Co. Ltd. (MTC)
14.3.6 Sumitomo Heavy Industries, Ltd.
