Analysis by Detector (High Frequency, Low Frequency, and Others); by Device Type (Personal Monitoring Device, Handheld Monitoring Device, and Area Monitoring Device Picking); and End-Use Industry (Residential, Healthcare, Military & Homeland Security, Manufacturing, Laboratory & Education, Telecommunications, and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2035
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The global non-ionizing radiation EMF detection measurement and safety market are estimated to garner a revenue of ~USD 75 billion by the end of 2035 by growing at a CAGR of ~5% over the forecast period, i.e., 2023 - 2035. Further, the market generated a revenue of ~USD 50 billion in the year 2022. The market is estimated to grow on the back of the increasing popularity of Internet of Things (IoT) based devices, huge number of devices are connected through the internet, which has resulted in increased demand for radiation detection devices. As per the data, the total number of IoT-based devices globally was around 9.5 billion in 2020 and this figure is projected to cross 26 billion by the end of 2030.
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The global non-ionizing radiation EMF detection measurement and safety market are also estimated to witness growth on account of increasing demand for better medical devices and machines. As per the data, the export of medical devices in India was around USD 2.4 billion in 2019-20, which is projected to cross ~USD 9 billion by the end of 2025. Solutions in non-ionizing radiation technologies are used in numerous healthcare imaging equipment, including UV scans, medical infrared thermography, and others. These machines are widely adopted for the effective and early detection of various diseases. Moreover, the adoption of non-ionizing radiation detectors and emf detection devices in various industries, including telecommunications, manufacturing, and residential, is anticipated to boost the market growth in the coming years.
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Base Year |
2022 |
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Forecast Year |
2023-2035 |
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CAGR |
~5% |
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Base Year Market Size (2022) |
~ USD 50 Billion |
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Forecast Year Market Size (2035) |
~ USD 75 Billion |
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Regional Scope |
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Growth Drivers
Surge in Adoption of Smartphones – According to the data reported, in 2021, the number of smartphone subscriptions globally was around 6.1 billion, up from 5 billion in 2018. Furthermore, this figure is expected to reach 7 billion by the end of 2024.
Rising Funds for Homeland Security – Owing to the growing danger of electronic warfare, funding in the detector industry has picked up steam in the army and homeland security sectors. With high investments, market manufacturers are concentrating on developing precise and long-lasting detectors that meet quality standards. As per data, in 2022, in the United States, the Department of Homeland Security (DHS) distributed around ~USD 180 billion among its 17 sub-components.
Growth of Healthcare Industry – According to the estimates, in India, around USD 11 billion was allocated to the Ministry of Health and Family Welfare in the Union Budget for 2022-23. Furthermore, by the end of 2022, the Indian healthcare infrastructure is estimated to exceed the valuation of ~USD 340 billion.
Increased Research & Development Expenditure – Manufacturers in the sector must design products to accommodate emerging innovations while also meeting the needs of a diverse range of end-users. As a result of increased R&D spending, manufacturers are involved in R&D activities to expand their product portfolio, and it is predicted to drive the market’s growth in the region. As per data by the World Bank, global research and development expenditure in proportion to gross domestic product (GDP) was around 2.63% in 2020, up from 2.2% in 2018.
Rise of the Electronics Manufacturing Industry – According to statistics, by the end of 2025, the Indian electronics manufacturing industry is estimated to reach ~USD 515 billion.
Challenges
The non-ionizing radiation EMF detection measurement and safety market is segmented by device type into personal monitoring devices, area monitoring device picking, and handheld monitoring devices. Out of these segments, the handheld monitoring device segment is anticipated to garner the largest market share by the end of 2035, owing to the rising adoption of hand-held monitoring devices such as handheld imagers as they possess ease in usage. Modern EMF meters can test electromagnetic field radiation and temperature at the same time. These are widely adopted in the measurement of home appliances such as televisions, refrigerators, laptops, and others. According to statistics, by the end of 2025, laptop shipments are projected to reach 270 million units. Hence, such factors are therefore estimated to foster segment growth in the coming years.
The non-ionizing radiation EMF detection measurement and safety market are segmented by end-user industry into residential, healthcare, military & homeland security, manufacturing, laboratory & education, telecommunications, and others. Out of these segments, the military & homeland security segment is anticipated to garner the largest market share by the end of 2035. As electronic support measures (ESM) are becoming more extensively utilized, the non-ionizing radiation EMF detection, measurement, and safety sectors are expected to grow. Moreover, non-ionizing warfare attacks have intensified to obstruct the country's military's electromagnetic transmissions. These attacks can put a nation's security and finances in danger. Electronic support measures (ESM) enable countries to focus on outfitting their military units with systems and techniques that can recognize and identify attacks from intruding devices. This has an influence on this segmentation for non-ionizing radiation EMF detection, measurement, and safety. According to the US Department of Homeland Security (DHS) 2021 Funding, the Department of Homeland Security (DHS) demands USD 49.7 billion, exclusive of USD 2.4 billion for the US Secret Service, which the expenditure suggested to transmit to the Department of the Treasury.
Our in-depth analysis of the global non-ionizing radiation EMF detection measurement and safety market includes the following segments:
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By Detector |
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By Device Type |
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By End-Use Industry |
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The North America market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035. The growth of the market can be accredited to the presence of a large number of non-ionizing radiation EMF detector manufacturers, along with the rising adoption of IoT-based devices in the region. According to statistics, there are estimated to be around 5 billion IoT-based connections in North America by the end of 2025. Moreover, rising technological advancements in the industry coupled with increasing awareness among consumers about the harmful health hazards caused by radiation exposure are expected to drive the growth of the global non-ionizing radiation EMF detection measurement and safety market during the forecast period.
On the other hand, the market in the Asia Pacific is estimated to register significant growth during the forecast period, owing to the expansion of the healthcare industry, along with the growth of the manufacturing industry. Moreover, the increasing adoption of Internet of Things-based devices, along with the dynamic surge in next generation wireless network in China is also estimated to propel the growth of the global non-ionizing radiation EMF detection measurement and safety market growth in the coming years. As per data, in China, there were around 5 billion IoT-based connections in 2019, which are estimated to reach approximately 14 billion by the end of 2024. China will continue to be one of the most rapidly expanding markets in this cluster of regional markets.
Osun Technologies Inc
Mirion Technologies’ medical segment which comprised of Dosimetry Services, Sun Nuclear, CIRS, BIODEX, and Capintec business units has been rebranded collectively into Mirion Medical Group. It will enhance quality and ensure patient safety.
Spectris: A purchase agreement has been signed by Spectris to acquire Dytran Instruments Inc., for USD 82 million. This acquisition will benefit both companies and help enhance capabilities and product development.
In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.
Ans: The increasing funds of homeland security and growth of healthcare industry is estimated to majorly boost the market growth.
Ans: The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2023 – 2035.
Ans: Low awareness about the benefits of products along with constant technological challenges are estimated to hamper the market growth.
Ans: The market in North America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Ans: The major players in the market are WAVECONTROL, Brightsandz Pvt. Ltd., Mirion Technologies Inc., Sper Scientific, TES Electrical Electronic Corp., Narda Safety Test Solutions, Spectris Plc, General Tools & Instruments LLC, TECPEL Co. Ltd., and others.
Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue-generating capacity as well as the new products being launched into the market by the company.
Ans: The market is segmented by detector, device type, end-use industry and by region.
Ans: The handheld monitoring device segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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