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)

List of Tables

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.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA gamma ray spectroscopy market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the MEA gamma ray spectroscopy market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the gamma ray spectroscopy market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Product Code: BMIRE00028006

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