Collision Sensors Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021Posted by Statzy Market Research on April 13th, 2021 Dosimeters find application across the growing demand of the medical industry as well as industrial sites where workers may be exposed to toxic and harmful gases, thereby driving the demand for the market during the forecast period. - Dosimeters market is having a surging demand across the places where people deal with hazardous waste or radioactive substances, such as hospitals, nuclear power plants. - Increasing usage of radioactive materials across areas, such as diverse industrial processes, power production, medical research, medical imaging, and the defense sector, coupled with the heightened global threat of terrorist-operated nuclear weapons, has intensified the need for reliable equipment that offers protection from radioactive radiation, thereby driving the demand for the dosimeter market. - Technological developments in the segment have resulted in the development of more accurate detection devices, that have led to the introduction of portable, durable, and economical devices, further augmenting the growth of the market. For instance, the availability of dosimeter instruments, such as automated reader instruments, electronic radiation measuring instruments, alarm badges, and thermoluminescent dosimeters (TLD) are increasing the range of applications across emerging economies. - Furthermore, the growing development of nuclear energy and facilities for industrial work is expected to boost the adoption of radiation detection and monitoring equipment, thereby rising the surging demand for the dosimeter market across the emerging economies.
- The United States is looking to reduce dependence on thermal power, as five new nuclear power plants, with a combined capacity of 6000 MW, are under construction in Georgia and South Carolina, which are expected to increase the demand for radiation monitoring and detection products across the region. - Also, as part of the country’s policy, the United States is increasing its expenditure in the healthcare industry, which is expected to reach as high as 20% of the GDP by 2025, further increasing the demand for dosimeter equipment thereby driving the demand for the market during the forecast period. - Canada is also expected to follow suit and increase its defense expenditure, thereby driving the surging demand for radiation detection, monitoring, and safety products in defense are expected to drive the growth of the market in the region. - January 2019 - Resman AS and Tracerco, part of Johnson Matthey Plc, have entered into a global patent license agreement under which Tracerco will have access to Resman’s inflow monitoring patents. Both Resman and Tracerco provide essential reservoir monitoring services enabling oil and gas companies to maximise efficiency and hydrocarbon recovery.
Like it? Share it! More by this author |