The phosphor screen market is expected to grow at a CAGR of 0.74% during the forecast period, reaching a market share of US$ 376.78 Million by 2032, up from US$ 350 Million in 2022. Because of the large presence of domestic and local companies, the phosphor screen market is highly fragmented.
Phosphor screen market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Phosphor Screen market.
Global Phosphor Screen Market: Introduction
Phosphor screen generally absorbs electron beam or x-rays, radiation, and ultraviolet radiation and emits light, based on the wavelength characteristic of the stimulating material. Phosphor screens are widely used in the manufacturing of imaging instruments in various fields such as consumer electronics, scientific instruments, telecommunication devices, medical instruments, and amongst others.
The phosphor screen market is highly fragmented as a consequence of the high presence of domestic and local players. The manufacturers are offering phosphor screens with a different decay time according to the various applications.
Storage phosphor screens are also available in the market, which captures latent images produced by ionizing radiation. Moreover, health-care electronics and scientific equipment manufacturing have a large share for the phosphor screen market.
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Global Phosphor Screen Market: Market Dynamics
The consumer electronics industry is growing rapidly across the world, with regions such as Asia Pacific exhibiting above average growth. Phosphor screen is widely used in manufacturing consumer electronic devices for generating different images. Also, phosphor screens are widely used in image intensifiers for increasing the intensity of the image.
Moreover, phosphor screens are used in the manufacturing of television too. Therefore, the wide range of applications of phosphor screen is increasing its demand significantly. Thus, the consumer electronics industry is extensively boosting the growth of the phosphor screen.
Moreover, the manufacturing of healthcare equipment is increasing due to increasing technological advancement in the field of diagnostic instruments. The phosphor screens are uses in the manufacturing of instruments such as X-Ray imaging, body scanners, and amongst others. Therefore, the expanding health care industry is forecasted to impact the phosphor screen market very positively.
Furthermore, the manufacturing of scientific instruments is increasing due to increasing research and academic activities. The countries such as Germany, USA, Canada, China, Japan, South Korea, India, and amongst others are increasing their research expenditure.
Phosphor screens are widely used in the manufacturing of scientific instruments such as Protein Crystallography, Powder Diffraction, Electron Microscopy, UV spectrometer, Neutron tomography, and amongst others. Therefore, the expanding research industry is also a key driver of the phosphor screen market. Also, phosphor screen is used in telecommunication equipment such as digital phosphor oscilloscopes and amongst others.
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Global Phosphor Screen Market: Competition Landscape
Some of the prominent market players identified across the value chain of global phosphor screen market are:
- GENERAL ELECTRIC COMPANY (GE Healthcare)
- GIDS GmbH
- Kimball Physics
- ProxiVision GmbH
- Dr. Gassler Electron Devices
- NICHIA CORPORATION
- Aimil Ltd.
- others
Leading players are manufacturing storage phosphor screen with advanced specifications. For instance, GE Healthcare Company offering phosphor screen with GP and MS screens that are reliable for various applications.
Global Phosphor Screen Market: Segmentation
The global phosphor screen market can be segmented on the basis of decay and end use.
On the basis of Decay, the global Phosphor screen market can be segmented as:
- Short Decay
- Long Decay
On the basis of End Use, the global Phosphor screen market can be segmented as:
- Consumer Electronics
- Health-care electronics
- Telecommunication
- Scientific Equipment Manufacturing
- Research & Academia
- Others
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