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Report
Middle East & Africa Gamma Ray Spectroscopy Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Type (Hardware, Software, and Services) and End-User (Space Research, Nuclear Facilities, and Mineral Exploration)
Market Report I 2023-01-30 I 100 Pages I The Insight Partners
The MEA gamma ray spectroscopy market is expected to grow from US$ 46.33 million in 2022 to US$ 59.23 million by 2028. It is estimated to grow at a CAGR of 4.2% from 2022 to 2028.
Use of Lightweight Gamma Ray Spectrometers Fuels the MEA Gamma Ray Spectroscopy Market
The lightweight gamma ray spectrometers can be used in unmanned aerial vehicles (UAVs) for field spectroscopy. The airborne gravitational reference sensor (GRS) measurements can be utilized to determine radionuclide concentrations in the ground. For the GRS sensors' successful applications, the correct measurement of absolute values of concentrations is necessary. For the correct measurement of height from the ground, the airborne gamma ray data must determine the absolute radionuclide concentrations. A lightweight CeBr3 gamma ray spectrometer was developed for the small UAV radiation monitoring systems. Several trial runs were conducted post development, which resulted in generating high energy resolution that ultimately helped users gain substantial data. The companies started offering lightweight gamma ray spectrometers due to its varied applications in end-user industries. For instance, Geo-Matching offers MS-1000, a gamma ray detector for UAVs. Thus, the high adoption of gamma ray spectrometers in UAVs bring in lucrative growth opportunities for the gamma ray spectroscopy manufacturers across the region, thereby driving the MEA gamma ray spectroscopy market .
Market Overview
The MEA gamma ray spectroscopy market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The countries in the region are mostly active in the oil & gas industry; however, the governments are now focusing on mineral exploration. For instance, in December 2021, the government of Saudi Arabia used RS-700 gamma ray spectroscopy devices to collect information about the minerals present in the country's soil. The governments of the aforesaid countries are expected to bring initiatives that will positively influence the gamma ray spectroscopy market growth in the region.
MEA Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
MEA Gamma Ray Spectroscopy Market Segmentation
The MEA gamma ray spectroscopy market is segmented based on type, end-user, and country.
Based on type, the MEA gamma ray spectroscopy market is segmented into hardware, software, and services. The hardware segment held the largest market share in 2022.
Based on end-user, the MEA gamma ray spectroscopy market is segmented into space research, nuclear facilities, and mineral exploration. The nuclear facilities segment held the largest market share in 2022.
Based on country, the MEA gamma ray spectroscopy market has been categorized into the UAE, Saudi Arabia, South Africa, and the Rest of MEA. Our regional analysis states that the UAE dominated the market share in 2022.
AMETEK Inc.; ANTECH; ATOMTEX; CAEN S.p.A.; Linde Plc; Mirion Technologies, Inc.; NATS, Inc.; NUVIATech Instruments; and Sander Geophysics Limited are the leading companies operating in the MEA gamma ray spectroscopy market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Gamma Ray Spectroscopy Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA Gamma Ray Spectroscopy Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increased Preference for Gamma Rays in Medical Industry
5.1.2 Rising Usage of HPGe Detectors
5.2 Market Restraints
5.2.1 Adverse Effects of Gamma Rays on Consumer's Health
5.3 Market Opportunities
5.3.1 Use of Lightweight Gamma Ray Spectrometers
5.4 Future Trends
5.4.1 Introduction of Portable Gamma Ray Spectrometer Information System
5.5 Impact Analysis of Drivers and Restraints
6. Gamma Ray Spectroscopy Market - MEA Analysis
6.1 MEA Gamma Ray Spectroscopy Market Overview
6.2 MEA Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
7. MEA Gamma Ray Spectroscopy Market Analysis - By Type
7.1 Overview
7.2 MEA Gamma Ray Spectroscopy Market Breakdown, By Type (2021 and 2028)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Services: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
8. MEA Gamma Ray Spectroscopy Market Analysis - By End-User
8.1 Overview
8.2 MEA Gamma Ray Spectroscopy Market Breakdown, By End-User (2021 and 2028)
8.3 Space Research
8.3.1 Overview
8.3.2 Space Research: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
8.4 Nuclear Facilities
8.4.1 Overview
8.4.2 Nuclear Facilities: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
8.5 Mineral Exploration
8.5.1 Overview
8.5.2 Mineral Exploration: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
9. MEA Gamma Ray Spectroscopy Market - Country Analysis
9.1 Overview
9.1.1 MEA: Gamma Ray Spectroscopy Market- by Key Country
9.1.1.1 South Africa: Gamma Ray Spectroscopy Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 South Africa: Gamma Ray Spectroscopy Market- by Type
9.1.1.1.2 South Africa: Gamma Ray Spectroscopy Market- by End-User
9.1.1.2 Saudi Arabia: Gamma Ray Spectroscopy Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Saudi Arabia: Gamma Ray Spectroscopy Market- by Type
9.1.1.2.2 Saudi Arabia: Gamma Ray Spectroscopy Market- by End-User
9.1.1.3 UAE: Gamma Ray Spectroscopy Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 UAE: Gamma Ray Spectroscopy Market- by Type
9.1.1.3.2 UAE: Gamma Ray Spectroscopy Market - by End-User
9.1.1.4 Rest of MEA: Gamma Ray Spectroscopy Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Rest of MEA: Gamma Ray Spectroscopy Market- by Type
9.1.1.4.2 Rest of MEA: Gamma Ray Spectroscopy Market- by End-User
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
10.4 New Product Development
11. Company Profiles
11.1 CAEN S.p.A.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Mirion Technologies, Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 AMETEK Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services (Offerings of AMETEK, Inc.)
11.3.4 Products and Services (Offerings of Amptek -a subsidiary of AMETEK, Inc.)
11.3.5 Financial Overview
11.3.6 SWOT Analysis
11.3.7 Key Developments
11.4 Linde Plc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Sander Geophysics Limited
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 NUVIATech Instruments
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 ANTECH
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 NATS, Inc.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 ATOMTEX
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. MEA Gamma Ray Spectroscopy Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. MEA: Gamma Ray Spectroscopy Market- by Key Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa: Gamma Ray Spectroscopy Market- by Type -Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa: Gamma Ray Spectroscopy Market- by End-User -Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia: Gamma Ray Spectroscopy Market- by Type -Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia: Gamma Ray Spectroscopy Market- by End-User -Revenue and Forecast to 2028 (US$ Million)
Table 7. UAE: Gamma Ray Spectroscopy Market- by Type -Revenue and Forecast to 2028 (US$ Million)
Table 8. UAE: Gamma Ray Spectroscopy Market - by End-User -Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of MEA: Gamma Ray Spectroscopy Market- by Type -Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of MEA: Gamma Ray Spectroscopy Market- by End-User -Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Gamma Ray Spectroscopy Market Segmentation
Figure 2. MEA Gamma Ray Spectroscopy Market Segmentation - By Country
Figure 3. MEA Gamma Ray Spectroscopy Market Overview
Figure 4. MEA Gamma Ray Spectroscopy Market, By Type
Figure 5. MEA Gamma Ray Spectroscopy Market, By Country
Figure 6. MEA: PEST Analysis
Figure 7. MEA Gamma Ray Spectroscopy Market - Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. MEA Gamma Ray Spectroscopy Market: Impact Analysis of Drivers and Restraints
Figure 10. MEA Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 11. MEA Gamma Ray Spectroscopy Market Breakdown, By Type (2021 and 2028)
Figure 12. MEA Hardware: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. MEA Software: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA Services: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. MEA Gamma Ray Spectroscopy Market Breakdown, By End-User (2021 and 2028)
Figure 16. MEA Space Research: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Nuclear Facilities: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. MEA Mineral Exploration: Gamma Ray Spectroscopy Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. MEA: Gamma Ray Spectroscopy Market, by Key Country - Revenue (2021) (US$ 'Million)
Figure 20. MEA: Gamma Ray Spectroscopy Market Revenue Share, By Key Country (2021 and 2028)
Figure 21. South Africa: Gamma Ray Spectroscopy Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Saudi Arabia: Gamma Ray Spectroscopy Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. UAE: Gamma Ray Spectroscopy Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Rest of MEA: Gamma Ray Spectroscopy Market - Revenue and Forecast to 2028 (US$ Million)
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