Global Particle Accelerators Market Overview:
Particle accelerators are devices that produce a beam of charged particles that can be used for a variety of research purposes. Often, the beam of particles is made of protons or electrons, charged subatomic particles. Rarely the whole atoms of elements like gold or uranium are also used. Particle accelerators, accelerate particles to very high energies for a specific application. Basically, there are linear particle accelerators and circular particle accelerators. Linear accelerators propel particles in a straight line. Similarly, circular accelerators propel particles in a circular line. Particle accelerators used as a tool of discovery for new particles and nuclear physics. With the help of particle accelerators, researchers have achieved a huge understanding of fundamental particles and various physics laws.
- Increasing Demand of Particle for Modification of Material Properties
- Growing Demand of Particle Accelerators in The Manufacturing of Computer Chips
- Rising Applications of Particle Accelerators in Medical Field
- Growing Use of Cockcroft Walton Generator to Convert AC to High Energy DC
- High Cost Associated with Particle Accelerators
- Increasing Investment in The Nuclear Physics Will Boost The Demand For Particle Accelerators
- Rising Science Related Contribution Among Nations to Increase The Demand Of Particle Accelerators
- Extremely High Costs Of R&D in The Field of Particle Accelerators
- High Expertise Needed to Operate and Manufacture Particle Accelerators
Particle accelerators are used in a number of therapeutic applications and mainly in the treatment of cancer. A large chunk of revenue comes from government projects in this market which chooses the producer by bidding and signs long-term contracts. In this market, focusing on business-oriented particle accelerators and then targeting specialized high-tech particle accelerators is the best strategy. Location of business matters in this market as not all countries can afford or have an interest in particle accelerators. So, having a key geographical location is also an advantage in this market.
Some of the key players profiled in the report are General Electric Medical Systems (United States), Mitsubishi Heavy Industries (Japan), Keller Technology Corporation (United States), Dielectric Sciences Inc. (United States), Niowave Inc. (United States), ACF-Metals (United States), AccSys Technology Inc. (United States), General Atomics (United States), Altair (United States) and Brookhaven Instruments Corp.. Considering Market by Energy, the sub-segment i.e. Low-energy will boost the Particle Accelerators market. Considering Market by End Use Industry, the sub-segment i.e. Healthcare will boost the Particle Accelerators market. Considering Market by Product, the sub-segment i.e. Electrostatic Particle Accelerators will boost the Particle Accelerators market.
In March 2021, The US department of energy’s Fermilab announced that it has shipped its final superconducting component for the new particle accelerator for the Linac coherent light source II at the Department of Energy’s SLAC National Accelerator Laboratory. The component which was delivered was a cryptomodule, the final one required for the LCLS-II project which is supposed to be the world’s brightest X-ray laser when complete. The project was going on since 2014.
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Particle Accelerators market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Particle Accelerators market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Particle Accelerators Manufacturers, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.