Neutron Generators Market Set for Rapid Growth, to Reach $64 Million US$ by 2025

The Neutron Generators market was valued at 26 Million US$ in 2017 and is projected to reach 64 Million US$ by 2025, at a CAGR of 11.9% during the forecast period.

Los Angeles, California Dec 5, 2018 (Issuewire.com)  - Global Neutron Generators Market report is designed in a method that helps readers to acquire a complete knowledge about the overall market scenario for the projected period. This Market report consists of the brief profile of key players in the industry and their upcoming market plans and current developments during the forecasted period 2018 to 2025.

The report of global Neutron Generators market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected year.

Neutron generators are neutron source devices which contain compact linear accelerators and that produce neutrons by fusing isotopes of hydrogen together. The fusion reactions take place in these devices by accelerating either deuterium, tritium, or a mixture of these two isotopes into a metal hydride target which also contains deuterium, tritium or a mixture of these isotopes. Fusion of deuterium atoms (D + D) results in the formation of a He-3 ion and a neutron with a kinetic energy of approximately 2.5 MeV. Fusion of a deuterium and a tritium atom (D + T) results in the formation of a He-4 ion and a neutron with a kinetic energy of approximately 14.1 MeV. Neutron generators have applications in medicine, security, and materials analysis.

For industry structure analysis, the Neutron Generators industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for above 75 % of the revenue market. Regionally, North America is the biggest revenue area of valves, also the leader in the whole Neutron Generators industry.

North America occupied 41.51% % of the sales market in 2017. It is followed by Europe and APAC (Except Japan), which respectively account for around 24.53% and 18.87% of the global total industry. Other countries have a smaller amount of sales.

For price trend analysis, a key variable in the performance of Neutron Generators producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

The Neutron Generators market was valued at 26 Million US$ in 2017 and is projected to reach 64 Million US$ by 2025, at a CAGR of 11.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Neutron Generators.

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This report includes the following manufacturers; we can also add the other companies as you want.

    Phoenix

    Sodern

    Thermo Fisher Scientific

    VNIIA

    Adelphi Technology

    AMETEK ORTEC

    Gradel (NSD Fusion)

Market Segment by Product Type

    Portable Neutron Generators

    Stationary Neutron Generators

Market Segment by Application

    Oil Prospecting

    Security

    Research

    Others

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