In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Neutron Generators market for 2018-2023.
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.
Over the next five years, LPI(LP Information) projects that Neutron Generators will register a 12.1% CAGR in terms of revenue, reach US$ 52 million by 2023, from US$ 26 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Neutron Generators market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Portable Neutron Generators
Stationary Neutron Generators
Segmentation by application:
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Thermo Fisher Scientific
Gradel (NSD Fusion)
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Neutron Generators consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Neutron Generators market by identifying its various subsegments.
Focuses on the key global Neutron Generators manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Neutron Generators with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Neutron Generators submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.