Research Nester published a report titled “Phosphor ScreenMarket: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global phosphor screen market in terms of market segmentation by product type, by application, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global phosphor screen market is projected to grow at a CAGR of ~3% to attain a sizable revenue over the forecast period, i.e., 2022 – 2031. The market is segmented by application into telecommunication, healthcare electronics, consumer electronics, research & academia, scientific equipment manufacturing, and others. Of these sectors, consumer electronics is projected to garner a larger market share by the end of the forecast period owing to the increase in the global population that demands greater options in electronic devices.
Phosphor screens are employed in the manufacture of other devices such as televisions, oscilloscopes, X-ray machines, and body scanners. They are highly used in intraoral scanners in veterinary healthcare which is one of the factors that is predicted to drive the growth of the global phosphor screen market.
Geographically, the global phosphor screen market is categorized into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa regions. Of these regions, Asia Pacific is projected to hold the largest market share by the end of 2031. A spurt in the number of medical diagnostics and electronic devices manufacturing plants in developing countries is forecasted to bring about an expansion in the regional phosphor screen market size.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Rise in the Number of Medical Conditions to Act as a Major Driver for the Market Growth
A number of disorders and accidents occurring worldwide is predicted to propel the global phosphor screen market growth as phosphor screens are utilized in the manufacture of medical diagnostic tools like X-ray machines and medical body scanners.
However, the variation in phosphor screen prices and the limited infrastructure available in some developing countries for the manufacture of phosphor screens on a larger scale are expected to operate as key restraints to the growth of the global phosphor screen market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global phosphor screen market which includes company profiling of General Electric Company, GIDS gmbh, Kimball Physics, Phosphor Technology Ltd, Dr. Gassler Electron Devices, Hamamatsu Photonics, K. K., Scintacor, Philips International B.V., Stanford Computer Optics, Inc, Konica Minolta, Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global phosphor screen market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
