[324 Pages Report] The industrial linear accelerator market is anticipated to secure US$ 2,979.8 Million in 2022 and is likely to be valued at US$ 5,486.4 Million by 2032. The market is estimated to exhibit a CAGR of 6.3% during the forecast period. The historic CAGR stood at 4.5% from 2016 to 2021.
Demand for the industrial linear accelerator is rising as it is mainly used for non-destructive testing that helps to evaluate the properties of different material without damaging them. The adoption of the industrial linear accelerators has a wide range of applications in both private and government sectors during the forecast period.
| Report Attribute | Details |
|---|---|
| Industrial Linear Accelerator Market Value (2022) | US$ 2,979.8 million |
| Industrial Linear Accelerator Market Anticipated Value (2032) | US$ 5,486.4 million |
| Industrial Linear Accelerator Projected Growth Rate (2032) | 6.3% |
The market is growing at a moderate pace registering a high CAGR during the forecast period. Moreover, the industrial linear accelerator is widely used for maintenance services and manufacturing industries. Such as cargo inspection, medical waste disposal, agriculture, food irradiation, gemology, aerospace, automotive, rocket motors, castings inspection, and missile/defense systems. All these end-use industries are driving the industrial linear accelerator market growth during the forecast period.
Furthermore, it uses scanning devices for vehicles and cargo as they do not affect the material being inspected and also save time and money during inspecting materials in the security sector.
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Rising scanning equipment in industries and growing awareness among people are driving the market share in recent years. On the other hand, rising demand for high yields and decreasing costs without compromising quality is growing the market size during the forecast period. On the other hand, it is also used in radiation therapy to treat cancer, increasing the demand for industrial linear accelerator in the medical sector.
LINAC innovates a device that treats cancer patients due to its cost-effectiveness. The marketers are observed well towards patients and shift the preference towards non-invasive treatment processes are likely to increase the adoption of industrial linear accelerator in recent years. This therapy provides advanced treatment and is applicable for various cancers with surgery and other procedures.
In addition, industrial linear accelerators have become an integral component of the food and preservative, mining, metal casting, waste management industries, etc., which are flourishing market growth. However, the current trend to use better technology and equipment to get better results will increase the demand for industrial linear accelerator during the forecast period.
The presence of alternatives, the high price of industrial linear accelerators, and a general lack of awareness among people may restrain the growth of the global market. In addition, a decline in the sales of industrial linear accelerator may also hamper the market growth in recent years.
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The market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa (MEA). Europe holds a major share in the industrial linear accelerator market by acquiring 28% of the share. Moreover, major consumers are owing to the extensive applications of industrial linear accelerators in the manufacturing industry. However, increasing globalization, evident from the increase in international trade and outbound-inbound, led to positive growth in the European industrial linear accelerator.
The North American industrial linear accelerator market is securing a higher CAGR of 24% during the forecast period. An increase in industrial production in countries like the USA, with high growth in PMI (purchase manager index) numbers, accelerates the market growth during the forecast period. In addition, rising advanced technology are increasing the demand for industrial linear accelerators in North America in recent years.
Based on the end-user segment, the market is further divided into automotive, metal casting, aerospace, food processing, medical waste disposal services, and defense industries. The medical waste disposal service industry is likely to dominate the market by securing a higher share during the forecast period. The industry is treating cancer patients efficiently are likely to upsurge the market share in recent years. Some companies such as Bevatech GmbH, Elekta, and Varian are growing the demand for an industrial linear accelerator to treat patients.
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The market is fragmented by several key vendors present during the market during the forecast period. These key vendors are innovating products and focusing on the customer's requirements during the forecast period. Some of the key player's developments are mentioned below:
Some of the key players in the market are:
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 6.3% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in US$ million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
The growth outlook of the industrial linear accelerator market is predicted to advance at a CAGR of 6.3% from 2022 to 2032.
Europe is anticipated to lead the industrial linear accelerator market during the forecast period.
The industrial linear accelerator market is likely to hold a valuation of US$ 5,486.4 million by 2032.
The medical sector is the key driver in the industrial linear accelerator market.
1. Executive Summary | Industrial Linear Accelerator Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ million) & Volume (Unit) Analysis, 2017 to 2021
4.2. Current and Future Market Size Value (US$ million) & Volume (Unit) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use Industry
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By End Use Industry, 2017 to 2021
5.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By End Use Industry, 2022 to 2032
5.3.1. Automotive Industry
5.3.2. Metal Casting Industry
5.3.3. Aerospace Industry
5.3.4. Missile/Defence Industry
5.3.5. Food Processing Industry
5.3.6. Medical Waste Disposal Services Industry
5.3.7. Others
5.4. Y-o-Y Growth Trend Analysis By End Use Industry, 2017 to 2021
5.5. Absolute $ Opportunity Analysis By End Use Industry, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Energy Ranges
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By Energy Ranges, 2017 to 2021
6.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By Energy Ranges, 2022 to 2032
6.3.1. 2 MeV - 4 MeV
6.3.2. 5 MeV - 7 MeV
6.3.3. 8 MeV - 10 MeV
6.3.4. 10 MeV - 12 MeV
6.3.5. Others
6.4. Y-o-Y Growth Trend Analysis By Energy Ranges, 2017 to 2021
6.5. Absolute $ Opportunity Analysis By Energy Ranges, 2022 to 2032
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By Application, 2017 to 2021
7.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By Application, 2022 to 2032
7.3.1. Industrial Radiography
7.3.2. Cargo Screening
7.3.3. Radiation Processing
7.3.4. Polymer Modification
7.3.5. Sterilization
7.3.6. Food Preservation
7.3.7. Waste Treatment
7.3.8. Others
7.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2021
7.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032
8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By Region, 2017 to 2021
8.3. Current Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By Region, 2022 to 2032
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. Market Attractiveness Analysis By Region
9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
9.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021
9.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032
9.2.1. By Country
9.2.1.1. The USA
9.2.1.2. Canada
9.2.2. By End Use Industry
9.2.3. By Energy Ranges
9.2.4. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By End Use Industry
9.3.3. By Energy Ranges
9.3.4. By Application
9.4. Key Takeaways
10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021
10.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By End Use Industry
10.2.3. By Energy Ranges
10.2.4. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By End Use Industry
10.3.3. By Energy Ranges
10.3.4. By Application
10.4. Key Takeaways
11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021
11.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. The United Kingdom
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By End Use Industry
11.2.3. By Energy Ranges
11.2.4. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By End Use Industry
11.3.3. By Energy Ranges
11.3.4. By Application
11.4. Key Takeaways
12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021
12.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. Malaysia
12.2.1.5. Singapore
12.2.1.6. Australia
12.2.1.7. New Zealand
12.2.1.8. Rest of APAC
12.2.2. By End Use Industry
12.2.3. By Energy Ranges
12.2.4. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By End Use Industry
12.3.3. By Energy Ranges
12.3.4. By Application
12.4. Key Takeaways
13. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
13.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021
13.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of MEA
13.2.2. By End Use Industry
13.2.3. By Energy Ranges
13.2.4. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By End Use Industry
13.3.3. By Energy Ranges
13.3.4. By Application
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. The USA
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2021
14.1.2.1. By End Use Industry
14.1.2.2. By Energy Ranges
14.1.2.3. By Application
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2021
14.2.2.1. By End Use Industry
14.2.2.2. By Energy Ranges
14.2.2.3. By Application
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2021
14.3.2.1. By End Use Industry
14.3.2.2. By Energy Ranges
14.3.2.3. By Application
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2021
14.4.2.1. By End Use Industry
14.4.2.2. By Energy Ranges
14.4.2.3. By Application
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2021
14.5.2.1. By End Use Industry
14.5.2.2. By Energy Ranges
14.5.2.3. By Application
14.6. The United Kingdom
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2021
14.6.2.1. By End Use Industry
14.6.2.2. By Energy Ranges
14.6.2.3. By Application
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2021
14.7.2.1. By End Use Industry
14.7.2.2. By Energy Ranges
14.7.2.3. By Application
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2021
14.8.2.1. By End Use Industry
14.8.2.2. By Energy Ranges
14.8.2.3. By Application
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2021
14.9.2.1. By End Use Industry
14.9.2.2. By Energy Ranges
14.9.2.3. By Application
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2021
14.10.2.1. By End Use Industry
14.10.2.2. By Energy Ranges
14.10.2.3. By Application
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2021
14.11.2.1. By End Use Industry
14.11.2.2. By Energy Ranges
14.11.2.3. By Application
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2021
14.12.2.1. By End Use Industry
14.12.2.2. By Energy Ranges
14.12.2.3. By Application
14.13. Malaysia
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2021
14.13.2.1. By End Use Industry
14.13.2.2. By Energy Ranges
14.13.2.3. By Application
14.14. Singapore
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2021
14.14.2.1. By End Use Industry
14.14.2.2. By Energy Ranges
14.14.2.3. By Application
14.15. Australia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2021
14.15.2.1. By End Use Industry
14.15.2.2. By Energy Ranges
14.15.2.3. By Application
14.16. New Zealand
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2021
14.16.2.1. By End Use Industry
14.16.2.2. By Energy Ranges
14.16.2.3. By Application
14.17. GCC Countries
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2021
14.17.2.1. By End Use Industry
14.17.2.2. By Energy Ranges
14.17.2.3. By Application
14.18. South Africa
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2021
14.18.2.1. By End Use Industry
14.18.2.2. By Energy Ranges
14.18.2.3. By Application
14.19. Israel
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2021
14.19.2.1. By End Use Industry
14.19.2.2. By Energy Ranges
14.19.2.3. By Application
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By End Use Industry
15.3.3. By Energy Ranges
15.3.4. By Application
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. MITSUBISHI HEAVY INDUSTRIES, LTD.
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. Wasik Associates Inc
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. VIVIRAD S.A
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. Iotron Industries Canada, Inc
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. IBA group
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Jiangsu dasheng accelerator manufacturer co., LTD
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. DIONDO GMBH
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. High Voltage Engineering Europa B.V. (HVE)
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. NISSIN ELECTRIC Co.,Ltd.
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. Varian Medical Systems, Inc
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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Industrial Linear Accelerator Market
