Activation analysis equipment, also known as neutron activation analysis (NAA), is an extremely sensitive method used to study the quantity and quality of an individual element by comparing elements' radioactive decay. In the process, the sample is bombarded with neurons, which results in the generation of radioactive isotopes. Concentration of radioactive element can be calculated using the spectra of each component. NAA can perform non-destructive analyses on gas, liquids, solids suspensions, slurries, and gases with minimal preparation. 74 elements can be detected by NAA depending upon the experimental procedure, with minimum detection limits ranging from 0.1 to 1x106 ng g−1 depending on the investigated component.
NAA has various applications in archaeology, soil science, geology, the semiconductors industry, and forensics. Furthermore, they are used in developing nuclear ammunition, life sciences, pharmaceuticals, etc. The advancement in the product by the major players is the driving factor for the market growth.
FutureWise Market Research has published a report that provides an insightful analysis of Activation Analysis Equipment Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Activation Analysis Equipment Market will experience a significant growth. According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.