Analysts’ Viewpoint on Nano Radiation Sensors Market Scenario
Companies in the nano radiation sensors market are catering to mission-critical projects in energy, healthcare, and oil & gas industries to stay financially afloat amid the ongoing COVID-19 crisis. However, in any emergency situation, lack of sufficient dosimetry capacity managing a large radiation may hamper the market. Managing a large radiation incident when local resources lack sufficient dosimetry capacity or robust radiation monitoring systems can be potentially challenging. Thus, radiation occupational workers and emergency responder radiation dosimetry programs should serve numerous functions in both very small & large government entities. Since every entity cannot afford to purchase and deploy the most sophisticated equipment & systems, especially for a large incident, participants in the market should collaborate with governments to place emergency responder radiation dosimetry programs as a priority in case of any incident.
Manufacturers in the global nano radiation sensors market are boosting their output capacities to expand their revenue streams in automotive, consumer electronics, energy & utilities, defense & security, and industrial applications.
The automotive industry has emerged as an attractive sector for investments in nanotechnology sensors. In the automotive sector, nano sensors are useful for use in airbag actuation, stability system, and vehicle navigation applications. Hence, increase in the use of nano radiation sensors for safety in the automotive sector is anticipated to drive the global nano radiation sensors market during the forecast period.
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The semiconductor industry has been severely affected due to shortage of chips amid the ongoing COVID-19 crisis. Nevertheless, companies in its subsidiary markets such as the nano radiation sensors market are establishing stable revenue streams in key applications of defense, power, and consumer electronics industries. They are taking data-driven decisions to ensure business continuity by address the scarcity of raw materials, which is likely to be experienced due to production stoppages and labor shortages. Several multinational companies (MNCs) have already started re-evaluating their supply chains, and are in the process of shuffling their supply chains to reduce concentration in a handful of countries.
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Nano radiation sensors are largely used in nuclear surveillance and security applications, due to the increase in terrorist attacks involving nuclear devices & materials across the globe. The use of nano radiation sensors is helpful in detecting the presence of nuclear devices or materials.
Moreover, in an effort to support nuclear surveillance capability of a nation, multiple manufacturers in the nano radiation sensors market and research institutes are focusing on the development of technologically advanced nuclear radiation sensor devices for use at airports, border crossing, and ports. In these applications, scintillation detectors and solid-state detectors are used. A scintillation detector uses a single crystal of sodium iodide, whereas a solid-state detector uses germanium, a semiconductor material.
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In terms of region, North America is anticipated to dominate the nano radiation sensors market during the forecast period, owing to increase in technological advancements in the semiconductor industry in the region.
The nano radiation sensors market in Europe and Asia Pacific is expected to expand at a substantial rate during the forecast period. However, the market in South America and Middle East & Africa is estimated to expand at a moderate rate during the forecast period. Hence, semiconductor companies should increase the availability of affordable nano radiation sensors to encourage its adoption in various end-use cases.
A nano sensor is a device that collects data about characteristics and behavior of nano particles at the nano scale level. Nano sensors are made of active elements, including nano materials. These sensors offer several advantages in terms of specificity and sensitivity over sensors made of the conventional materials.
Nano sensors are capable of measuring air and water quality index based on their speed, size, and accuracy of measurement. Companies in the nano radiation sensors market are increasing the availability of scintillation detectors and solid-state detectors. Nano radiation sensors are employed in various end-use sectors. Thus, increase in investments to develop enhanced devices for use in nuclear surveillance applications is expected to drive the nano radiation sensors market significantly during the forecast period.
Research & development (R&D) in the market is likely to boost prospects for nano sensors, as new applications and capabilities emerge in radiation detection, radiation safety, and homeland security, among others.
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Attribute |
Detail |
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Market Size Value in 2020 (Base Year) |
US$ 186.90 Mn |
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Market Forecast Value in 2031 |
US$ 292.09 Mn |
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Growth Rate (CAGR) |
4.2% |
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Forecast Period |
2021-2031 |
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Quantitative Units |
US$ Mn for Value |
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Market analysis |
It includes cross segment analysis at global as well as regional level. Further, qualitative analysis includes drivers, restraints, opportunities, key trends, porters five forces analysis, supply chain analysis, parent industry overview, etc. |
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Competition Landscape |
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Format |
Electronic (PDF) or word + Excel |
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Market Segmentation |
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Regions Covered |
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Countries Covered |
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Companies Profiled |
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Customization Scope |
Available upon Request |
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Pricing |
Available upon Request |
Nano Radiation Sensors Market – Segmentation
TMR’s study of the global nano radiation sensors market segments the market based on type, end-use industry, and region. Changing market trends and other crucial market dynamics associated with segments of the global nano radiation sensors market have been discussed in detail in TMR’s study.
| Type |
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| End-use Industry |
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| Region |
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Nano Radiation Sensors Market is projected to reach US$ 292.09 Mn by the end of 2031
Nano Radiation Sensors Market is expected to grow at a CAGR of 4.2% during 2021-2031
Nano Radiation Sensors Market is studied from 2021-2031
Key vendors in the Nano Radiation Sensors Market are Hamamatsu Photonics K.K., First Sensor AG, Fluke, Kromek Group plc., Nihon Kessho Kogaku Co. Ltd., and Thermo Fisher Scientific Inc.
North America region Takes Lead in the Nano Radiation Sensors Market
1. Preface
1.1. Market Introduction
1.2. Market and Segments Definition
1.3. Market Taxonomy
1.4. Research Methodology
1.5. Assumption and Acronyms
2. Executive Summary
2.1. Global Nano Radiation Sensors Market Analysis and Forecast
2.2. Regional Outline
2.3. Market Dynamics Snapshot
2.4. Competition Blueprint
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Key Market Indicator
3.3. Drivers
3.4. Market Restraints and Opportunities
3.5. Market Trends
3.6. Regulatory Framework
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview – Radiation Detector & Monitoring Equipment Industry Overview
4.2. Supply Chain Analysis
4.3. Technology Roadmap Analysis
4.4. Industry SWOT Analysis
4.5. Porter Five Forces Analysis
4.6. COVID-19 Impact Analysis
5. Global Nano Radiation Sensors Market Analysis, by Type
5.1. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
5.1.1. Scintillation Detectors
5.1.2. Solid-state Detectors
5.2. Market Attractiveness Analysis, by Type
6. Global Nano Radiation Sensors Market Analysis, by End-use Industry
6.1. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
6.1.1. Aerospace & Defense
6.1.2. Energy & Power
6.1.3. Healthcare
6.1.4. Industrial
6.1.5. Oil & Gas
6.1.6. Others (Automotive, Consumer Electronics, etc.)
6.2. Market Attractiveness Analysis, by End-use Industry
7. Global Nano Radiation Sensors Market Analysis and Forecast, by Region
7.1. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by Region, 2017 – 2031
7.1.1. North America
7.1.2. Europe
7.1.3. Asia Pacific
7.1.4. Middle East & Africa
7.1.5. South America
7.2. Market Attractiveness Analysis, by Region
8. North America Nano Radiation Sensors Market Analysis and Forecast
8.1. Market Snapshot
8.2. Drivers and Restraints: Impact Analysis
8.3. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
8.3.1. Scintillation Detectors
8.3.2. Solid-state Detectors
8.4. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
8.4.1. Aerospace & Defense
8.4.2. Energy & Power
8.4.3. Healthcare
8.4.4. Industrial
8.4.5. Oil & Gas
8.4.6. Others (Automotive, Consumer Electronics, etc.)
8.5. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017 – 2031
8.5.1. U.S.
8.5.2. Canada
8.5.3. Rest of North America
8.6. Market Attractiveness Analysis
8.6.1. By Type
8.6.2. By End-use Industry
8.6.3. By Country & Sub-region
9. Europe Nano Radiation Sensors Market Analysis and Forecast
9.1. Market Snapshot
9.2. Drivers and Restraints: Impact Analysis
9.3. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
9.3.1. Scintillation Detectors
9.3.2. Solid-state Detectors
9.4. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
9.4.1. Aerospace & Defense
9.4.2. Energy & Power
9.4.3. Healthcare
9.4.4. Industrial
9.4.5. Oil & Gas
9.4.6. Others (Automotive, Consumer Electronics, etc.)
9.5. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017–2031
9.5.1. U.K.
9.5.2. Germany
9.5.3. France
9.5.4. Italy
9.5.5. Russia
9.5.6. Rest of Europe
9.6. Market Attractiveness Analysis
9.6.1. By Type
9.6.2. By End-use Industry
9.6.3. By Country & Sub-region
10. Asia Pacific Nano Radiation Sensors Market Analysis and Forecast
10.1. Market Snapshot
10.2. Drivers and Restraints: Impact Analysis
10.3. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
10.3.1. Scintillation Detectors
10.3.2. Solid-state Detectors
10.4. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
10.4.1. Aerospace & Defense
10.4.2. Energy & Power
10.4.3. Healthcare
10.4.4. Industrial
10.4.5. Oil & Gas
10.4.6. Others (Automotive, Consumer Electronics, etc.)
10.5. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017 – 2031
10.5.1. China
10.5.2. India
10.5.3. Japan
10.5.4. South Korea
10.5.5. ASEAN
10.5.6. Rest of Asia Pacific
10.6. Market Attractiveness Analysis
10.6.1. By Type
10.6.2. By End-use Industry
10.6.3. By Country & Sub-region
11. Middle East & Africa (MEA) Nano Radiation Sensors Market Analysis and Forecast
11.1. Market Snapshot
11.2. Drivers and Restraints: Impact Analysis
11.3. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
11.3.1. Scintillation Detectors
11.3.2. Solid-state Detectors
11.4. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
11.4.1. Aerospace & Defense
11.4.2. Energy & Power
11.4.3. Healthcare
11.4.4. Industrial
11.4.5. Oil & Gas
11.4.6. Others (Automotive, Consumer Electronics, etc.)
11.5. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017–2031
11.5.1. GCC
11.5.2. South Africa
11.5.3. Rest of Middle East & Africa
11.6. Market Attractiveness Analysis
11.6.1. By Type
11.6.2. By End-use Industry
11.6.3. By Country & Sub-region
12. South America Nano Radiation Sensors Market Analysis and Forecast
12.1. Market Snapshot
12.2. Drivers and Restraints: Impact Analysis
12.3. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by Type, 2017–2031
12.3.1. Scintillation Detectors
12.3.2. Solid-state Detectors
12.4. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by End-use Industry, 2017–2031
12.4.1. Aerospace & Defense
12.4.2. Energy & Power
12.4.3. Healthcare
12.4.4. Industrial
12.4.5. Oil & Gas
12.4.6. Others (Automotive, Consumer Electronics, etc.)
12.5. Nano Radiation Sensors Market Size (US$ Mn) Analysis & Forecast, by Country & Sub-region, 2017–2031
12.5.1. Brazil
12.5.2. Rest of South America
12.6. Market Attractiveness Analysis
12.6.1. By Type
12.6.2. By End-use Industry
12.6.3. By Country & Sub-region
13. Competition Assessment
13.1. Global Nano Radiation Sensors Market Competition Matrix - a Dashboard View
13.1.1. Global Nano Radiation Sensors Market Company Share Analysis, by Value (2020)
13.1.2. Technological Differentiator
14. Company Profiles (Manufacturers/Suppliers)
14.1. Hamamatsu Photonics K.K.
14.1.1. Overview
14.1.2. Product Portfolio
14.1.3. Sales Footprint
14.1.4. Key Subsidiaries or Distributors
14.1.5. Strategy and Recent Developments
14.1.6. Key Financials
14.2. First Sensor AG
14.2.1. Overview
14.2.2. Product Portfolio
14.2.3. Sales Footprint
14.2.4. Key Subsidiaries or Distributors
14.2.5. Strategy and Recent Developments
14.2.6. Key Financials
14.3. Fluke
14.3.1. Overview
14.3.2. Product Portfolio
14.3.3. Sales Footprint
14.3.4. Key Subsidiaries or Distributors
14.3.5. Strategy and Recent Developments
14.3.6. Key Financials
14.4. Kromek Group plc
14.4.1. Overview
14.4.2. Product Portfolio
14.4.3. Sales Footprint
14.4.4. Key Subsidiaries or Distributors
14.4.5. Strategy and Recent Developments
14.4.6. Key Financials
14.5. Nihon Kessho Kogaku Co. Ltd.
14.5.1. Overview
14.5.2. Product Portfolio
14.5.3. Sales Footprint
14.5.4. Key Subsidiaries or Distributors
14.5.5. Strategy and Recent Developments
14.5.6. Key Financials
14.6. Thermo Fisher Scientific Inc.
14.6.1. Overview
14.6.2. Product Portfolio
14.6.3. Sales Footprint
14.6.4. Key Subsidiaries or Distributors
14.6.5. Strategy and Recent Developments
14.6.6. Key Financials
15. Recommendation
15.1. Opportunity Assessment
15.1.1. By Type
15.1.2. By End-use Industry
15.1.3. By Region
List of Tables
Table 01: Global Nano Radiation Sensors Market Size & Forecast, by Type, Value (US$ Mn), 2017–2031
Table 02: Global Nano Radiation Sensors Market Size & Forecast, by End-use Industry, Value (US$ Mn), 2017–2031
Table 03: Global Nano Radiation Sensors Market Size & Forecast, by Region, Value (US$ Mn), 2017–2031
Table 04: North America Nano Radiation Sensors Market Size & Forecast, by Type, Value (US$ Mn), 2017–2031
Table 05: North America Nano Radiation Sensors Market Size & Forecast, by End-use Industry, Value (US$ Mn), 2017–2031
Table 06: North America Nano Radiation Sensors Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017–2031
Table 07: Europe Nano Radiation Sensors Market Size & Forecast, by Type, Value (US$ Mn), 2017–2031
Table 08: Europe Nano Radiation Sensors Market Size & Forecast, by End-use Industry, Value (US$ Mn), 2017–2031
Table 09: Europe Nano Radiation Sensors Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017–2031
Table 10: Asia Pacific Nano Radiation Sensors Market Size & Forecast, by Type, Value (US$ Mn), 2017–2031
Table 11: Asia Pacific Nano Radiation Sensors Market Size & Forecast, by End-use Industry, Value (US$ Mn), 2017–2031
Table 12: Asia Pacific Nano Radiation Sensors Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017–2031
Table 13: Middle East & Africa Nano Radiation Sensors Market Size & Forecast, by Type, Value (US$ Mn), 2017–2031
Table 14: Middle East & Africa Nano Radiation Sensors Market Size & Forecast, by End-use Industry, Value (US$ Mn), 2017–2031
Table 15: Middle East & Africa (MEA) Nano Radiation Sensors Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017–2031
Table 16: South America Nano Radiation Sensors Market Size & Forecast, by Type, Value (US$ Mn), 2017–2031
Table 17: South America Nano Radiation Sensors Market Size & Forecast, by End-use Industry, Value (US$ Mn), 2017–2031
Table 18: South America Nano Radiation Sensors Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017–2031
List of Figures
Figure 01: Middle East & Africa Nano Radiation Sensors Market, Value (US$ Mn), 2017–2031
Figure 02: Global Nano Radiation Sensors Market Size & Forecast, by Type, Revenue (US$ Mn), 2017–2031
Figure 03: Global Nano Radiation Sensors Market Attractiveness, by Type, Value (US$ Mn), 2021–2031
Figure 04: Global Nano Radiation Sensors Market Share Analysis, by Type, 2021–2031
Figure 05: Global Nano Radiation Sensors Market Size & Forecast, by End-use industry, Revenue (US$ Mn), 2017–2031
Figure 06: Global Nano Radiation Sensors Market Attractiveness, by End-use Industry, Value (US$ Mn), 2021–2031
Figure 07: Global Nano Radiation Sensors Market Share Analysis, by End-use Industry, 2021–2031
Figure 08: Global Nano Radiation Sensors Market Size & Forecast, by Region, Revenue (US$ Mn), 2017–2031
Figure 09: Global Nano Radiation Sensors Market Attractiveness, by Region, Value (US$ Mn), 2021–2031
Figure 10: Global Nano Radiation Sensors Market Share Analysis, by Region, 2021–2031
Figure 11: North America Nano Radiation Sensors Market, Value (US$ Mn), 2017–2031
Figure 12: North America Nano Radiation Sensors Market Size & Forecast, by Type, Revenue (US$ Mn), 2017–2031
Figure 13: North America Nano Radiation Sensors Market Attractiveness, by Type, Value (US$ Mn), 2021–2031
Figure 14: North America Nano Radiation Sensors Market Share Analysis, by Type, 2021–2031
Figure 15: North America Nano Radiation Sensors Market Size & Forecast, by End-use industry, Revenue (US$ Mn), 2017–2031
Figure 16: North America Nano Radiation Sensors Market Attractiveness, by End-use Industry, Value (US$ Mn), 2021–2031
Figure 17: North America Nano Radiation Sensors Market Share Analysis, by End-use Industry, 2021–2031
Figure 18: North America Nano Radiation Sensors Market Size & Forecast, by Country & Sub-region, Revenue (US$ Mn), 2017–2031
Figure 19: North America Nano Radiation Sensors Market Attractiveness, by Country & Sub-region, Value (US$ Mn), 2021–2031
Figure 20: North America Nano Radiation Sensors Market Share Analysis, by Country & Sub-region, 2021–2031
Figure 21: Europe Nano Radiation Sensors Market, Value (US$ Mn), 2017–2031
Figure 22: Europe Nano Radiation Sensors Market Size & Forecast, by Type, Revenue (US$ Mn), 2017–2031
Figure 23: Europe Nano Radiation Sensors Market Attractiveness, by Type, Value (US$ Mn), 2021–2031
Figure 24: Europe Nano Radiation Sensors Market Share Analysis, by Type, 2021–2031
Figure 25: Europe Nano Radiation Sensors Market Size & Forecast, by End-use industry, Revenue (US$ Mn), 2017–2031
Figure 26: Europe Nano Radiation Sensors Market Attractiveness, by End-use Industry, Value (US$ Mn), 2021–2031
Figure 27: Europe Nano Radiation Sensors Market Share Analysis, by End-use Industry, 2021–2031
Figure 28: Europe Nano Radiation Sensors Market Size & Forecast, by Country & Sub-region, Revenue (US$ Mn), 2017–2031
Figure 29: Europe Nano Radiation Sensors Market Attractiveness, by Country & Sub-region, Value (US$ Mn), 2021–2031
Figure 30: Europe Nano Radiation Sensors Market Share Analysis, by Country & Sub-region, 2021–2031
Figure 31: Asia Pacific Nano Radiation Sensors Market, Value (US$ Mn), 2017–2031
Figure 32: Asia Pacific Nano Radiation Sensors Market Size & Forecast, by Type, Revenue (US$ Mn), 2017–2031
Figure 33: Asia Pacific Nano Radiation Sensors Market Attractiveness, by Type, Value (US$ Mn), 2021–2031
Figure 34: Asia Pacific Nano Radiation Sensors Market Share Analysis, by Type, 2021–2031
Figure 35: Asia Pacific Nano Radiation Sensors Market Size & Forecast, by End-use industry, Revenue (US$ Mn), 2017–2031
Figure 36: Asia Pacific Nano Radiation Sensors Market Attractiveness, by End-use Industry, Value (US$ Mn), 2021–2031
Figure 37: Asia Pacific Nano Radiation Sensors Market Share Analysis, by End-use Industry, 2021–2031
Figure 38: Asia Pacific Nano Radiation Sensors Market Size & Forecast, by Country & Sub-region, Revenue (US$ Mn), 2017–2031
Figure 39: Asia Pacific Nano Radiation Sensors Market Attractiveness, by Country & Sub-region, Value (US$ Mn), 2021–2031
Figure 40: Asia Pacific Nano Radiation Sensors Market Share Analysis, by Country & Sub-region, 2021–2031
Figure 41: Middle East & Africa Nano Radiation Sensors Market, Value (US$ Mn), 2017–2031
Figure 42: Middle East & Africa Nano Radiation Sensors Market Size & Forecast, by Type, Revenue (US$ Mn), 2017–2031
Figure 43: Middle East & Africa Nano Radiation Sensors Market Attractiveness, by Type, Value (US$ Mn), 2021–2031
Figure 44: Middle East & Africa Nano Radiation Sensors Market Share Analysis, by Type, 2021–2031
Figure 45: Middle East & Africa Nano Radiation Sensors Market Size & Forecast, by End-use industry, Revenue (US$ Mn), 2017–2031
Figure 46: Middle East & Africa Nano Radiation Sensors Market Attractiveness, by End-use Industry, Value (US$ Mn), 2021–2031
Figure 47: Middle East & Africa Nano Radiation Sensors Market Share Analysis, by End-use Industry, 2021–2031
Figure 48: Middle East & Africa (MEA) Nano Radiation Sensors Market Size & Forecast, by Country & Sub-region, Revenue (US$ Mn), 2017–2031
Figure 49: Middle East & Africa (MEA)Nano Radiation Sensors Market Attractiveness, by Country & Sub-region, Value (US$ Mn), 2021–2031
Figure 50: South America Nano Radiation Sensors Market Share Analysis, by Country & Sub-region, 2021–2031
Figure 51: South America Nano Radiation Sensors Market, Value (US$ Mn), 2017–2031
Figure 52: South America Nano Radiation Sensors Market Size & Forecast, by Type, Revenue (US$ Mn), 2017–2031
Figure 53: South America Nano Radiation Sensors Market Attractiveness, by Type, Value (US$ Mn), 2021–2031
Figure 54: South America Nano Radiation Sensors Market Share Analysis, by Type, 2021–2031
Figure 55: South America Nano Radiation Sensors Market Size & Forecast, by End-use industry, Revenue (US$ Mn), 2017–2031
Figure 56: South America Nano Radiation Sensors Market Attractiveness, by End-use Industry, Value (US$ Mn), 2021–2031
Figure 57: South America Nano Radiation Sensors Market Share Analysis, by End-use Industry, 2021–2031
Figure 58: South America Nano Radiation Sensors Market Size & Forecast, by Country & Sub-region, Revenue (US$ Mn), 2017–2031
Figure 59: South America Nano Radiation Sensors Market Attractiveness, by Country & Sub-region, Value (US$ Mn), 2021–2031
Figure 60: South America Nano Radiation Sensors Market Share Analysis, by Country & Sub-region, 2021–2031
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