The global non-ionizing radiation EMF detection, measurement, and safety market is expected to reach US$ 94.5 billion by 2032, rising at a 3.6% CAGR between 2022 and 2032, according to FMI Analysts. The market was estimated to be worth US$ 66.3 billion in 2022. Due to an increase in the use of electrical and electronic devices throughout the course of the projection period, it is anticipated that sales of non-ionizing radiation EMF detection, measurement, and safety devices would grow.
Non-ionizing radiation EMF detection, measurement, and safety are becoming more in demand in both the domestic and industrial sectors. Furthermore, there has been a sharp rise in the use of wireless technology globally across several industries. As a result, it is projected that the market share for non-ionizing radiation EMF detection, measurement, and safety would increase.
The demand for consumer electronics like tablets, smartphones, and laptops is also driving an increase in the need for non-ionizing radiation EMF detection, measurement, and safety.
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The usage of radiation detection and measuring tools and techniques has significantly increased as a result of growing public awareness of the health risks connected with exposure to these radiations. Therefore, during the course of the forecast period, these factors are anticipated to favour the growth of the non-ionizing radiation EMF detection, measurement, and safety market.
There are several different types of radiation detection equipment, including area monitoring devices, handheld devices, and personal monitoring devices. Due to the growing use of electronic support measures (ESM), it is anticipated that non-ionizing radiation EMF detection, measurement, and safety equipment sales would expand over the course of the forecast period.
Countries might concentrate their efforts on arming their armed forces with technology and systems for spotting and identifying threats from intruding systems by using electronic support measures (ESM).
It is crucial to manufacturing products with enough sensitivity and accuracy standards due to the government’s stringent regulatory controls on radiofrequency and other non-ionizing radiation exposure. Non-ionizing radiation EMF detection, measurement, and safety device manufacturers must create products that can accommodate new technologies and satisfy the requirements of varied end users. Therefore, in the near future, these restrictions are anticipated to restrain the expansion of the non-ionizing radiation EMF detection, measurement, and safety market.
KEY TAKEAWAYS:
- By end use, the military and homeland security segment is anticipated to dominate the global non-ionizing radiation EMF detection, measurement, and safety market with a CAGR of 3.7%. It is due to considerable growth in non-lethal attacks in warfare using non-ionizing and ionizing solutions to damage the nation’s military’s electromagnetic transmissions.
- By device, the handheld monitoring device segment dominated the non-ionizing radiation EMF detection, measurement, and safety market with a CAGR of 4.5%. This is due to their simplicity of use and handling; handheld devices have seen a larger demand than other types of gadgets.
- With constant advancements in these devices, demand for handheld devices is expected to skyrocket in the near future, presenting a lucrative growth opportunity for non-ionizing radiation EMF detection, measurement, and safety market participants.
- With a market share of approximately US$ 39.2 Bn during 2022-2032, the U.S. is anticipated to emerge as the top regional market for non-ionizing radiation/EMF detection, measurement, and safety. The huge number of non-ionizing radiation/EMF detector manufacturers is thought to be the key driver of this regional market’s growth.
- Due to rising consumer awareness, Asia Pacific is expected to see an increase in demand for non-ionizing radiation/EMF detection, measurement, and safety equipment in the near future.
COMPETITIVE LANDSCAPE:
Wave control, Narda Safety Test Solutions, Mirion Technologies, Inc., Brightsandz Pvt Ltd., and General Tools & Instruments LLC are some of the key players in the global non-ionizing radiation EMF detection, measurement, and safety market.
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Key Segments
By Detector:
- High Frequency
- Low Frequency
- Others
By Device:
- Personal Monitoring Devices
- Handheld Monitoring Devices
- Area Monitoring Devices
End use:
- Residential
- Healthcare
- Military and Homeland Security
- Manufacturing
- Laboratory and Education
- Telecommunication
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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