Market Overview:
The global rare earth metal scintillator market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for rare earth metals in various applications such as healthcare, homeland security and defense, nuclear power plants, and industrial applications. In addition, the growing awareness about radiation safety is also propelling the demand for rare earth metal scintillators across the globe. Based on type, sodium iodide (NaI) held a major share of the global rare earth metal scintillator market in 2017. This can be attributed to its high efficiency and low cost as compared to other types of rare earth metal scintillators available in the market.
Product Definition:
A rare earth metal scintillator is a material that emits light when it absorbs radiation. This material is used in radiation detectors to measure the amount of radiation that is present. The importance of rare earth metal scintillators lies in their ability to detect very small amounts of radiation, making them ideal for use in medical and scientific applications.
Sodium Iodide (NaI):
Sodium iodide is a chemical compound used as an ingredient in scintillators. It's a form of silica, which has the property to break down into ions when it comes into contact with air or water. The product is also referred to as iodic acid; its molecular structure consists of one central sodium ion and two iodide molecules.
The product was first manufactured by Dr.
Cesium Iodide (CsI):
Cesium iodide (CsI) is a chemical compound of atomic number 53 and molecular weight 133. It is a salt formed by the combination of one proton and one electron from the element cesium and an atom of iodine. Cesium iodide has properties similar to that of a halogen, but with less electrical charge.
Application Insights:
The rare earth metal scintillator is majorly used in the healthcare sector. The growing demand for radiological protection and safety equipment due to increasing nuclear activities across the world is expected to drive the segment growth over the forecast period.
The defense and security application segment accounted for a significant market share in 2017, owing to increased spending on military modernization programs across various countries worldwide. These programs are aimed at enhancing armed forces capabilities, thereby providing enhanced security against potential threats from terrorist organizations, trans-national criminal networks, or enemy states. This has resulted in an increased demand for detection devices that can help deter such threats effectively. Rare earth metal scintillators provide superior performance when it comes time to protect people from radiation exposure during atomic tests or accidents at nuclear power plants as well as during military conflicts or wars between nations.
Regional Analysis:
North America is anticipated to be the largest market for rare earth metal scintillator over the forecast period. The growth of this region can be attributed to increasing demand from nuclear power plants and defense sector. In addition, rising investments in R&D activities for new generation medical imaging devices are expected to drive the market during the forecast period.
Asia Pacific is estimated to be one of the fastest-growing regions with a CAGR exceeding 6% during 2016 - 2030 due to rapid industrialization and growing awareness about nuclear energy among developing countries such as India and China.
Growth Factors:
- Increasing demand for radiation detection and security systems in the healthcare and defense sectors
- Rising awareness about the benefits of rare earth metal scintillators over traditional scintillators
- Growing number of research and development activities for developing novel applications of rare earth metal scintillators
- Technological advancements in the field of radiation detection systems
- Rising demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Rare Earth Metal Scintillator Market Research Report
By Type
Sodium Iodide (NaI), Cesium Iodide (CsI), Lutetium Oxyorthosilicate (LSO) and Lutetium-yttrium Oxyorthosilicate (LYSO), Bismuth Germanate Oxide (BGO), Others
By Application
Healthcare, Homeland Security and Defense, Nuclear Power Plants, Industrial Applications, Others
By Companies
Saint Gobain S.A. (France), Hamamatsu Photonics K.K. (Japan), Dynasil Corporation of America (U.S.), Hitachi Metals Group (Japan), Rexon Components, Inc. (U.S.), Detec (Canada), Toshiba Materials Co., Ltd. (Japan), Scintacor (U.K.), EPIC Crystal Company Limited (China), Amcrys (Ukraine), Alpha Spectra, Inc. (U.S.), Shanghai SICCAS High Technology Corporation (China), Nihon Kessho Kogaku Co., Ltd. (Japan)
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Rare Earth Metal Scintillator Market Report Segments:
The global Rare Earth Metal Scintillator market is segmented on the basis of:
Types
Sodium Iodide (NaI), Cesium Iodide (CsI), Lutetium Oxyorthosilicate (LSO) and Lutetium-yttrium Oxyorthosilicate (LYSO), Bismuth Germanate Oxide (BGO), Others
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
Healthcare, Homeland Security and Defense, Nuclear Power Plants, Industrial Applications, Others
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:
- Saint Gobain S.A. (France)
- Hamamatsu Photonics K.K. (Japan)
- Dynasil Corporation of America (U.S.)
- Hitachi Metals Group (Japan)
- Rexon Components, Inc. (U.S.)
- Detec (Canada)
- Toshiba Materials Co., Ltd. (Japan)
- Scintacor (U.K.)
- EPIC Crystal Company Limited (China)
- Amcrys (Ukraine)
- Alpha Spectra, Inc. (U.S.)
- Shanghai SICCAS High Technology Corporation (China)
- Nihon Kessho Kogaku Co., Ltd. (Japan)
Highlights of The Rare Earth Metal Scintillator 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:
- Sodium Iodide (NaI)
- Cesium Iodide (CsI)
- Lutetium Oxyorthosilicate (LSO) and Lutetium-yttrium Oxyorthosilicate (LYSO)
- Bismuth Germanate Oxide (BGO)
- Others
- By Application:
- Healthcare
- Homeland Security and Defense
- Nuclear Power Plants
- Industrial Applications
- Others
- 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 Rare Earth Metal Scintillator 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
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- 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?
Rare earth metal scintillator is a type of radiation detector that uses rare earth metals to create a spark when ionized particles pass through the device. This spark can be used to measure the amount of radiation present.
Some of the major companies in the rare earth metal scintillator market are Saint Gobain S.A. (France), Hamamatsu Photonics K.K. (Japan), Dynasil Corporation of America (U.S.), Hitachi Metals Group (Japan), Rexon Components, Inc. (U.S.), Detec (Canada), Toshiba Materials Co., Ltd. (Japan), Scintacor (U.K.), EPIC Crystal Company Limited (China), Amcrys (Ukraine), Alpha Spectra, Inc. (U.S.), Shanghai SICCAS High Technology Corporation (China), Nihon Kessho Kogaku Co., Ltd. (Japan).
The rare earth metal scintillator market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rare Earth Metal Scintillator Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Rare Earth Metal Scintillator Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rare Earth Metal Scintillator Market - Supply Chain
4.5. Global Rare Earth Metal Scintillator Market Forecast
4.5.1. Rare Earth Metal Scintillator Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rare Earth Metal Scintillator Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rare Earth Metal Scintillator Market Absolute $ Opportunity
5. Global Rare Earth Metal Scintillator Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Rare Earth Metal Scintillator Market Size and Volume Forecast by Type
5.3.1. Sodium Iodide (NaI)
5.3.2. Cesium Iodide (CsI)
5.3.3. Lutetium Oxyorthosilicate (LSO) and Lutetium-yttrium Oxyorthosilicate (LYSO)
5.3.4. Bismuth Germanate Oxide (BGO)
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rare Earth Metal Scintillator Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Rare Earth Metal Scintillator Market Size and Volume Forecast by Application
6.3.1. Healthcare
6.3.2. Homeland Security and Defense
6.3.3. Nuclear Power Plants
6.3.4. Industrial Applications
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rare Earth Metal Scintillator Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Rare Earth Metal Scintillator Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Rare Earth Metal Scintillator Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Rare Earth Metal Scintillator Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Rare Earth Metal Scintillator Demand Share Forecast, 2019-2026
9. North America Rare Earth Metal Scintillator Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Rare Earth Metal Scintillator Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Rare Earth Metal Scintillator Market Size and Volume Forecast by Application
9.4.1. Healthcare
9.4.2. Homeland Security and Defense
9.4.3. Nuclear Power Plants
9.4.4. Industrial Applications
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rare Earth Metal Scintillator Market Size and Volume Forecast by Type
9.7.1. Sodium Iodide (NaI)
9.7.2. Cesium Iodide (CsI)
9.7.3. Lutetium Oxyorthosilicate (LSO) and Lutetium-yttrium Oxyorthosilicate (LYSO)
9.7.4. Bismuth Germanate Oxide (BGO)
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Rare Earth Metal Scintillator Demand Share Forecast, 2019-2026
10. Latin America Rare Earth Metal Scintillator Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Rare Earth Metal Scintillator Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Rare Earth Metal Scintillator Market Size and Volume Forecast by Application
10.4.1. Healthcare
10.4.2. Homeland Security and Defense
10.4.3. Nuclear Power Plants
10.4.4. Industrial Applications
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rare Earth Metal Scintillator Market Size and Volume Forecast by Type
10.7.1. Sodium Iodide (NaI)
10.7.2. Cesium Iodide (CsI)
10.7.3. Lutetium Oxyorthosilicate (LSO) and Lutetium-yttrium Oxyorthosilicate (LYSO)
10.7.4. Bismuth Germanate Oxide (BGO)
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Rare Earth Metal Scintillator Demand Share Forecast, 2019-2026
11. Europe Rare Earth Metal Scintillator Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Rare Earth Metal Scintillator Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Rare Earth Metal Scintillator Market Size and Volume Forecast by Application
11.4.1. Healthcare
11.4.2. Homeland Security and Defense
11.4.3. Nuclear Power Plants
11.4.4. Industrial Applications
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rare Earth Metal Scintillator Market Size and Volume Forecast by Type
11.7.1. Sodium Iodide (NaI)
11.7.2. Cesium Iodide (CsI)
11.7.3. Lutetium Oxyorthosilicate (LSO) and Lutetium-ttrium Oxyorthosilicate (LYSO)
11.7.4. Bismuth Germanate Oxide (BGO)
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Rare Earth Metal Scintillator Demand Share, 2019-2026
12. Asia Pacific Rare Earth Metal Scintillator Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Rare Earth Metal Scintillator Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Rare Earth Metal Scintillator Market Size and Volume Forecast by Application
12.4.1. Healthcare
12.4.2. Homeland Security and Defense
12.4.3. Nuclear Power Plants
12.4.4. Industrial Applications
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rare Earth Metal Scintillator Market Size and Volume Forecast by Type
12.7.1. Sodium Iodide (NaI)
12.7.2. Cesium Iodide (CsI)
12.7.3. Lutetium Oxyorthosilicate (LSO) and Lutetium-yttrium Oxyorthosilicate (LYSO)
12.7.4. Bismuth Germanate Oxide (BGO)
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Rare Earth Metal Scintillator Demand Share, 2019-2026
13. Middle East & Africa Rare Earth Metal Scintillator Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Rare Earth Metal Scintillator Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Rare Earth Metal Scintillator Market Size and Volume Forecast by Application
13.4.1. Healthcare
13.4.2. Homeland Security and Defense
13.4.3. Nuclear Power Plants
13.4.4. Industrial Applications
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rare Earth Metal Scintillator Market Size and Volume Forecast by Type
13.7.1. Sodium Iodide (NaI)
13.7.2. Cesium Iodide (CsI)
13.7.3. Lutetium Oxyorthosilicate (LSO) and Lutetium-yttrium Oxyorthosilicate (LYSO)
13.7.4. Bismuth Germanate Oxide (BGO)
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Rare Earth Metal Scintillator Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rare Earth Metal Scintillator Market: Market Share Analysis
14.2. Rare Earth Metal Scintillator Distributors and Customers
14.3. Rare Earth Metal Scintillator Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Saint Gobain S.A. (France)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hamamatsu Photonics K.K. (Japan)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dynasil Corporation of America (U.S.)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hitachi Metals Group (Japan)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rexon Components, Inc. (U.S.)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Detec (Canada)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Toshiba Materials Co., Ltd. (Japan)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Scintacor (U.K.)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. EPIC Crystal Company Limited (China)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Amcrys (Ukraine)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Alpha Spectra, Inc. (U.S.)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shanghai SICCAS High Technology Corporation (China)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nihon Kessho Kogaku Co., Ltd. (Japan)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
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