Non-Ionizing Radiation/EMF Detection, Measurement, and Safety Market - PowerPoint PPT Presentation

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Non-Ionizing Radiation/EMF Detection, Measurement, and Safety Market

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Title: Non-Ionizing Radiation/EMF Detection, Measurement, and Safety Market


1
Coherent market insightsMarket Research and
Business Consulting Services
https//www.coherentmarketinsights.com/market-insi
ght/non-ionizing-radiation-emf-detection-measureme
nt-and-safety-market-3662
2
Market Overview
  • Non-ionizing radiation is any type of
    electromagnetic radiation that does not contain
    sufficient energy per quantum to ionize molecules
    or atoms, in order to completely eliminate an
    electron from the atom.  EMF detection refers to
    the measurement of surrounding electromagnetic
    fields. It is performed by using EMF meters. EMF
    detection and measurement devices are majorly
    used to prevent risk associated with exposure to
    radiation and are used in both domestic and
    industrial sectors. Non-ionizing radiation
    detectors are used in healthcare and military
    sectors. The demand for non-ionizing radiation
    detectors has increased significantly, owing to
    increasing use of laptops, tablets, mobile
    phones, and electrical devices such as
    refrigerators.

3
  • The Global Non-Ionizing Radiation/EMF Detection,
    Measurement, and Safety Market, By Detector
    (High-frequency, Low-frequency and Others), By
    Device Type (Personal monitoring device, Handheld
    monitoring device and Area monitoring device) ,
    By  End-use Industry (Residential, Healthcare,
    Military and Homeland Security, Manufacturing,
    Laboratory and Education, Telecommunications and
    Others), and by Region (North America, Latin
    America, Europe, APAC and Middle East Africa) -
    Global Forecast to 2027, is expected to be
    valued at US 84,649.0 billion by 2027,
    exhibiting a CAGR of 5.0 during the forecast
    period (2019-2027), as highlighted in a report
    published by Coherent Market Insights.

4
Market Dynamics- Drivers
  • Rising use of electronic gadgets and electrical
    devices is expected to drive growth of the global
    non-ionizing radiation/EMF detection,
    measurement, and safety market during the
    forecast period
  • The use of electronics and electrical devices has
    increased significantly in both domestic and
    industrial sectors significantly. As a result of
    this, it has led to a rise in electromagnetic
    pollution caused due to non-ionizing radiation.
    There has been a massive increase in the use of
    wireless technology across the globe in different
    sectors. According to Coherent Market Insights
    analysis, the global wireless sensor device
    market was valued at US 2.4 billion in 2016 and
    is expected to grow at a significant rate.
    Furthermore, the demand for consumer electronics
    such as tablets, smartphones, and laptops as
    increased exponentially. Rising awareness about
    health risks related to exposure to such
    radiations has led to significant rise in
    adoption of products and solutions to detect and
    measure radiations. Thus, these factors are
    expected to support growth of the market during
    the forecast period.

5
  • Increasing adoption of electronic support
    measures (ESM) is expected to propel the global
    non-ionizing radiation/EMF detection,
    measurement, and safety market growth over the
    forecast period
  • In the recent past, there has been a significant
    increase in non-lethal attacks in warfare with
    the help of non-ionizing as well as ionizing
    solutions, in order to disrupt the
    electromagnetic transmissions of the nations
    military. Such attacks can pose severe threats to
    a nation in terms of security and costs.
    Moreover, cyber-attacks can compromise data
    critical to nations security. Electronic support
    measures (ESM) enables nations to focus on
    equipping their armed forces with equipment and
    systems for threat recognition and detection by
    intruding systems. Therefore, rising adoption of
    EMS is expected to propel the global non-ionizing
    radiation/EMF detection, measurement, and safety
    market growth in the near future.

6
North America region dominated the global
non-ionizing radiation/EMF detection,
measurement, and safety market in 2019,
accounting for 44.3 share in terms of value,
followed by Europe and Asia-Pacific, respectively.
7
Market Dynamics- Restraints
  • Challenges associated with technology are
    expected to hamper the global non-ionizing
    radiation/EMF detection, measurement, and safety
    market growth during the forecast period
  • Strict regulatory policies by the government
    regarding exposure to radiofrequency and other
    non-ionizing radiations make it crucial to
    manufacturing products with adequate sensitivity
    and accuracy standards. Manufacturers in the
    market need to develop products, in order to
    cater to new technology and fulfill varying
    end-use requirements. Thus, these factors are
    expected to hamper the market growth in the near
    future.

8
  • Increasing demand for highly advanced and
    automated technology is expected to hinder the
    global non-ionizing radiation/EMF detection,
    measurement, and safety market growth over the
    forecast period
  • Although existing devices are adequate in
    detecting and measuring non-ionizing radiations,
    there has been a high demand for highly advanced
    and automated technology. Such technology
    requires heavy investments for research and
    development activities. Investing heavily in RD
    activities for small and medium-sized enterprises
    is not possible, which in turn, is expected to
    hinder the global non-ionizing radiation/EMF
    detection, measurement, and safety market growth
    over the forecast period.

9
Market Opportunities
  • Increasing use for medical radiation detection
    and measure can provide major business
    opportunities
  • The healthcare sector is one of the prominent
    end-use industries of non-ionizing radiation/EMF
    detection measurement equipment. The healthcare
    sector has started incorporating cutting-edge
    technology and novel innovations that play a
    crucial role in introducing state-of-the-art
    equipment in this sector. Non-ionizing radiation
    is used in various medical applications including
    hyperthermia therapy, radiofrequency ablation
    (RFA), pulse oximetry, and the use of UV to treat
    dental alignments and jaundice.

10
  • Rising demand for handheld device can offer major
    growth opportunities
  • Different types of devices are available in the
    market for radiation detection including area
    monitoring devices, handheld devices, and
    personal monitoring devices. In this, handheld
    devices have witnessed higher demand than other
    two types of devices, owing to ease of usage and
    handling. With constant advancements in these
    devices, the demand for handheld devices is
    expected to increase significantly in the near
    future, thereby providing a lucrative opportunity
    for market players.

11
Rising demand for handheld device can offer major
growth opportunities
12
Market Trends
  • Trends by detector
  • Investments in the detector market have gained
    momentum in the military and homeland security
    sector due to increasing threat of electronic
    warfare. Manufacturers in the market are focused
    on producing precise and highly durable detectors
    that comply with industry standards. Moreover,
    advancements in technology in the market are
    expected to introduce detectors of smaller size,
    lighter weight, and lower costs. High growth of
    Internet of Things (IoT) has resulted in
    increased connectivity of devices over the
    internet thereby boosting the demand for
    radiation detection devices.

13
  • Trends by device type
  • The market for detectors is benefitted by the
    technological advances in silicon fabrication.
    The market focusses on using reliable material
    for the non-ionizing radiation/EMF detector
    devices such as high purity silicon.

14
  • Regulations
  • In the military and homeland security sector
    safety programs to ensure that the radiation
    exposure is within safety limits. These safety
    programs have also been vital in driving
    investments in developing state of art devices
    for non-ionizing radiation measurement and
    detection.
  • In global non-ionizing radiation/EMF detection,
    measurement, and safety market, by detector type
    segment, high-frequency sub-segment dominated the
    global market in 2019, accounting for 84.1 share
    in terms of value.

15
In global non-ionizing radiation/EMF detection,
measurement, and safety market, by detector type
segment, high-frequency sub-segment dominated the
global market in 2019, accounting for 84.1 share
in terms of value
16
Value Chain Analysis
  • The prominent players in the non-ionizing
    radiation/EMF detector value chain include
    component manufacturers, OEM manufacturers,
    distribution channel partners, and end-users
  • The OEM procures various parts from component
    manufacturers. In most cases, an OEM manufacturer
    ties up with more than one component supplier.
  • In the backward integration scenario, an OEM may
    also be involved in the in-house manufacture of
    critical components without relying on the
    component manufacturer

17
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18
Competitive Section
  • Key players operating in the global non-ionizing
    radiation/EMF detection, measurement, and safety
    market are General Tools Instruments LLC,
    WAVECONTROL, LAURUS Systems, Inc., Osun
    Technologies LLC, Sper Scientific, Narda Safety
    Test Solutions, Spectris plc, Extech Instruments,
    Mirion Technologies, Inc., Brightsandz Pvt Ltd.,
    TECPEL Co., Ltd., and TES Electrical Electronic
    Corp.

19
Key Developments
  • Key players in the market are focused on product
    launches, in order to expand product portfolio.
    For instance, in December 2017, Narda Safety Test
    Solutions introduced Standards-compliant EMF
    measurement solutions for electric and magnetic
    fields.
  • Major companies in the market are involved in
    product launches, in order to enhance the market
    presence. For instance, in September 2017,
    Brightsandz Pvt Ltd. introduced Armo? Laptop EMF
    Radiation Heat Shield to eliminate harmful
    Wi-Fi and EMF radiations.

20
  • Request Sample Report
  • Request Customization
  • Download PDF Brochure
  • Talk to Analyst
  • https//www.coherentmarketinsights.com/market-insi
    ght/non-ionizing-radiation-emf-detection-measureme
    nt-and-safety-market-3662

21
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
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  • Long term Engagement Model
  • Country Specific Analysis

22
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