Industrial Linear Accelerator Market Size & Share to 2032

Industrial Linear Accelerator Market Outlook (2022 to 2032)

[324 Pages Report] The industrial linear accelerator market is anticipated to secure US$ 2,979.8 Million in 2022 and is likely to be valued at US$ 5,486.4 Million by 2032. The market is estimated to exhibit a CAGR of 6.3% during the forecast period. The historic CAGR stood at 4.5% from 2016 to 2021.

Demand for the industrial linear accelerator is rising as it is mainly used for non-destructive testing that helps to evaluate the properties of different material without damaging them. The adoption of the industrial linear accelerators has a wide range of applications in both private and government sectors during the forecast period.

Report Attribute	Details
Industrial Linear Accelerator Market Value (2022)	US$ 2,979.8 million
Industrial Linear Accelerator Market Anticipated Value (2032)	US$ 5,486.4 million
Industrial Linear Accelerator Projected Growth Rate (2032)	6.3%

The market is growing at a moderate pace registering a high CAGR during the forecast period. Moreover, the industrial linear accelerator is widely used for maintenance services and manufacturing industries. Such as cargo inspection, medical waste disposal, agriculture, food irradiation, gemology, aerospace, automotive, rocket motors, castings inspection, and missile/defense systems. All these end-use industries are driving the industrial linear accelerator market growth during the forecast period.

Furthermore, it uses scanning devices for vehicles and cargo as they do not affect the material being inspected and also save time and money during inspecting materials in the security sector.

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Motivational Components in the Industrial Linear Accelerator Market

Rising scanning equipment in industries and growing awareness among people are driving the market share in recent years. On the other hand, rising demand for high yields and decreasing costs without compromising quality is growing the market size during the forecast period. On the other hand, it is also used in radiation therapy to treat cancer, increasing the demand for industrial linear accelerator in the medical sector.

LINAC innovates a device that treats cancer patients due to its cost-effectiveness. The marketers are observed well towards patients and shift the preference towards non-invasive treatment processes are likely to increase the adoption of industrial linear accelerator in recent years. This therapy provides advanced treatment and is applicable for various cancers with surgery and other procedures.

In addition, industrial linear accelerators have become an integral component of the food and preservative, mining, metal casting, waste management industries, etc., which are flourishing market growth. However, the current trend to use better technology and equipment to get better results will increase the demand for industrial linear accelerator during the forecast period.

High Prices May Constraint the Growth of the Industrial Linear Accelerator Market

The presence of alternatives, the high price of industrial linear accelerators, and a general lack of awareness among people may restrain the growth of the global market. In addition, a decline in the sales of industrial linear accelerator may also hamper the market growth in recent years.

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Regional Insights:

European Industrial Linear Accelerator Market

The market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa (MEA). Europe holds a major share in the industrial linear accelerator market by acquiring 28% of the share. Moreover, major consumers are owing to the extensive applications of industrial linear accelerators in the manufacturing industry. However, increasing globalization, evident from the increase in international trade and outbound-inbound, led to positive growth in the European industrial linear accelerator.

North American Industrial Linear Accelerator Market

The North American industrial linear accelerator market is securing a higher CAGR of 24% during the forecast period. An increase in industrial production in countries like the USA, with high growth in PMI (purchase manager index) numbers, accelerates the market growth during the forecast period. In addition, rising advanced technology are increasing the demand for industrial linear accelerators in North America in recent years.

Segment Insights:

Based on End-user Segment, Which Category Dominates the Industrial Linear Accelerator Market

Based on the end-user segment, the market is further divided into automotive, metal casting, aerospace, food processing, medical waste disposal services, and defense industries. The medical waste disposal service industry is likely to dominate the market by securing a higher share during the forecast period. The industry is treating cancer patients efficiently are likely to upsurge the market share in recent years. Some companies such as Bevatech GmbH, Elekta, and Varian are growing the demand for an industrial linear accelerator to treat patients.

Competitive Landscape:

Essential Vendors in the Industrial Linear Accelerator Market?

The market is fragmented by several key vendors present during the market during the forecast period. These key vendors are innovating products and focusing on the customer's requirements during the forecast period. Some of the key player's developments are mentioned below:

Recent Developments in the Industrial Linear Accelerator

In 2019, CGN Dasheng Company, Thailand Advanced Sterilization Company, and Nondestructive Testing company signed an agreement for electron beam technology. This deal is to endorse the construction of an Electron Accelerator Application Research Centre in Thailand.
In 2019, Altair Technologies announced its new website, which serves various industries such as security, medical, defense, and others. This website was launched to carry out business performance with their customer's expectations.

Some of the key players in the market are:

MITSUBISHI HEAVY INDUSTRIES, LTD.
Wasik Associates Inc.
VIVIRAD S.A
Iotron Industries Canada, Inc.
IBA Group
Jiangsu dasheng accelerator manufacturer co., LTD
DIONDO GMBH
High Voltage Engineering Europa B.V. (HVE)
NISSIN ELECTRIC Co., Ltd.
Varian Medical Systems, Inc.

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 6.3% from 2022 to 2032
Base Year for Estimation	2021
Historical Data	2016 to 2021
Forecast Period	2022 to 2032
Quantitative Units	Revenue in US$ million and CAGR from 2022 to 2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Varying Energy Ranges Application End Use Industry Region
Regions Covered	North America Latin America Europe East Asia South Asia Oceania Middle East and Africa
Key Countries Profiled	The USA Canada Brazil Argentina Germany The United Kingdom France Spain Italy Nordics BENELUX Australia & New Zealand China India ASIAN GCC South Africa
Key Companies Profiled	MITSUBISHI HEAVY INDUSTRIES, LTD. Wasik Associates Inc. VIVIRAD S.A Iotron Industries Canada, Inc. IBA group Jiangsu dasheng accelerator manufacturer co., LTD DIONDO GMBH High Voltage Engineering Europa B.V. (HVE) NISSIN ELECTRIC Co., Ltd. Varian Medical Systems, Inc.
Customization	Available Upon Request

Key Segments:

On the basis of End Use Industry:

Automotive industry
Metal casting industry
Aerospace industry
Missile/defence industry
Food processing industry
Medical Waste Disposal Services Industry
Others

On the basis of Varying Energy Ranges Industry:

2 MeV - 4 MeV
5 MeV - 7 MeV
8 MeV - 10 MeV
10 MeV - 12 MeV
Others

On the basis of the Application:

Industrial Radiography
Cargo Screening
Radiation Processing
Polymer Modification
Sterilization
Food Preservation
Waste Treatment
Others

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

Frequently Asked Questions

What is the Growth Outlook for the Industrial Linear Accelerator Market?

The growth outlook of the industrial linear accelerator market is predicted to advance at a CAGR of 6.3% from 2022 to 2032.

Which Region Leads the Industrial Linear Accelerator Market?

Europe is anticipated to lead the industrial linear accelerator market during the forecast period.

How much Growth Potential does Industrial Linear Accelerator Market hold?

The industrial linear accelerator market is likely to hold a valuation of US$ 5,486.4 million by 2032.

Which sector drives the Industrial Linear Accelerator Market?

The medical sector is the key driver in the industrial linear accelerator market.

Table of Content

1. Executive Summary | Industrial Linear Accelerator Market

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and their Roles

3.5.1.1. Producers

3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

3.5.1.3. Wholesalers and Distributors

3.5.2. Value Added and Value Created at Node in the Supply Chain

3.5.3. List of Raw Material Suppliers

3.5.4. List of Existing and Potential Buyer’s

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.7.1. Profit Margin Analysis

3.7.2. Wholesalers and Distributors

3.7.3. Retailers

3.8. PESTLE and Porter’s Analysis

3.9. Regulatory Landscape

3.9.1. By Key Regions

3.9.2. By Key Countries

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032

4.1. Historical Market Size Value (US$ million) & Volume (Unit) Analysis, 2017 to 2021

4.2. Current and Future Market Size Value (US$ million) & Volume (Unit) Projections, 2022 to 2032

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use Industry

5.1. Introduction / Key Findings

5.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By End Use Industry, 2017 to 2021

5.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By End Use Industry, 2022 to 2032

5.3.1. Automotive Industry

5.3.2. Metal Casting Industry

5.3.3. Aerospace Industry

5.3.4. Missile/Defence Industry

5.3.5. Food Processing Industry

5.3.6. Medical Waste Disposal Services Industry

5.3.7. Others

5.4. Y-o-Y Growth Trend Analysis By End Use Industry, 2017 to 2021

5.5. Absolute $ Opportunity Analysis By End Use Industry, 2022 to 2032

6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Energy Ranges

6.1. Introduction / Key Findings

6.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By Energy Ranges, 2017 to 2021

6.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By Energy Ranges, 2022 to 2032

6.3.1. 2 MeV - 4 MeV

6.3.2. 5 MeV - 7 MeV

6.3.3. 8 MeV - 10 MeV

6.3.4. 10 MeV - 12 MeV

6.3.5. Others

6.4. Y-o-Y Growth Trend Analysis By Energy Ranges, 2017 to 2021

6.5. Absolute $ Opportunity Analysis By Energy Ranges, 2022 to 2032

7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application

7.1. Introduction / Key Findings

7.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By Application, 2017 to 2021

7.3. Current and Future Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By Application, 2022 to 2032

7.3.1. Industrial Radiography

7.3.2. Cargo Screening

7.3.3. Radiation Processing

7.3.4. Polymer Modification

7.3.5. Sterilization

7.3.6. Food Preservation

7.3.7. Waste Treatment

7.3.8. Others

7.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2021

7.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032

8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region

8.1. Introduction

8.2. Historical Market Size Value (US$ million) & Volume (Unit) Analysis By Region, 2017 to 2021

8.3. Current Market Size Value (US$ million) & Volume (Unit) Analysis and Forecast By Region, 2022 to 2032

8.3.1. North America

8.3.2. Latin America

8.3.3. Europe

8.3.4. Asia Pacific

8.3.5. Middle East and Africa (MEA)

8.4. Market Attractiveness Analysis By Region

9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

9.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021

9.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032

9.2.1. By Country

9.2.1.1. The USA

9.2.1.2. Canada

9.2.2. By End Use Industry

9.2.3. By Energy Ranges

9.2.4. By Application

9.3. Market Attractiveness Analysis

9.3.1. By Country

9.3.2. By End Use Industry

9.3.3. By Energy Ranges

9.3.4. By Application

9.4. Key Takeaways

10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

10.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021

10.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032

10.2.1. By Country

10.2.1.1. Brazil

10.2.1.2. Mexico

10.2.1.3. Rest of Latin America

10.2.2. By End Use Industry

10.2.3. By Energy Ranges

10.2.4. By Application

10.3. Market Attractiveness Analysis

10.3.1. By Country

10.3.2. By End Use Industry

10.3.3. By Energy Ranges

10.3.4. By Application

10.4. Key Takeaways

11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

11.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021

11.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032

11.2.1. By Country

11.2.1.1. Germany

11.2.1.2. The United Kingdom

11.2.1.3. France

11.2.1.4. Spain

11.2.1.5. Italy

11.2.1.6. Rest of Europe

11.2.2. By End Use Industry

11.2.3. By Energy Ranges

11.2.4. By Application

11.3. Market Attractiveness Analysis

11.3.1. By Country

11.3.2. By End Use Industry

11.3.3. By Energy Ranges

11.3.4. By Application

11.4. Key Takeaways

12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

12.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021

12.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032

12.2.1. By Country

12.2.1.1. China

12.2.1.2. Japan

12.2.1.3. South Korea

12.2.1.4. Malaysia

12.2.1.5. Singapore

12.2.1.6. Australia

12.2.1.7. New Zealand

12.2.1.8. Rest of APAC

12.2.2. By End Use Industry

12.2.3. By Energy Ranges

12.2.4. By Application

12.3. Market Attractiveness Analysis

12.3.1. By Country

12.3.2. By End Use Industry

12.3.3. By Energy Ranges

12.3.4. By Application

12.4. Key Takeaways

13. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country

13.1. Historical Market Size Value (US$ million) & Volume (Unit) Trend Analysis By Market Taxonomy, 2017 to 2021

13.2. Market Size Value (US$ million) & Volume (Unit) Forecast By Market Taxonomy, 2022 to 2032

13.2.1. By Country

13.2.1.1. GCC Countries

13.2.1.2. South Africa

13.2.1.3. Israel

13.2.1.4. Rest of MEA

13.2.2. By End Use Industry

13.2.3. By Energy Ranges

13.2.4. By Application

13.3. Market Attractiveness Analysis

13.3.1. By Country

13.3.2. By End Use Industry

13.3.3. By Energy Ranges

13.3.4. By Application

13.4. Key Takeaways

14. Key Countries Market Analysis

14.1. The USA

14.1.1. Pricing Analysis

14.1.2. Market Share Analysis, 2021

14.1.2.1. By End Use Industry

14.1.2.2. By Energy Ranges

14.1.2.3. By Application

14.2. Canada

14.2.1. Pricing Analysis

14.2.2. Market Share Analysis, 2021

14.2.2.1. By End Use Industry

14.2.2.2. By Energy Ranges

14.2.2.3. By Application

14.3. Brazil

14.3.1. Pricing Analysis

14.3.2. Market Share Analysis, 2021

14.3.2.1. By End Use Industry

14.3.2.2. By Energy Ranges

14.3.2.3. By Application

14.4. Mexico

14.4.1. Pricing Analysis

14.4.2. Market Share Analysis, 2021

14.4.2.1. By End Use Industry

14.4.2.2. By Energy Ranges

14.4.2.3. By Application

14.5. Germany

14.5.1. Pricing Analysis

14.5.2. Market Share Analysis, 2021

14.5.2.1. By End Use Industry

14.5.2.2. By Energy Ranges

14.5.2.3. By Application

14.6. The United Kingdom

14.6.1. Pricing Analysis

14.6.2. Market Share Analysis, 2021

14.6.2.1. By End Use Industry

14.6.2.2. By Energy Ranges

14.6.2.3. By Application

14.7. France

14.7.1. Pricing Analysis

14.7.2. Market Share Analysis, 2021

14.7.2.1. By End Use Industry

14.7.2.2. By Energy Ranges

14.7.2.3. By Application

14.8. Spain

14.8.1. Pricing Analysis

14.8.2. Market Share Analysis, 2021

14.8.2.1. By End Use Industry

14.8.2.2. By Energy Ranges

14.8.2.3. By Application

14.9. Italy

14.9.1. Pricing Analysis

14.9.2. Market Share Analysis, 2021

14.9.2.1. By End Use Industry

14.9.2.2. By Energy Ranges

14.9.2.3. By Application

14.10. China

14.10.1. Pricing Analysis

14.10.2. Market Share Analysis, 2021

14.10.2.1. By End Use Industry

14.10.2.2. By Energy Ranges

14.10.2.3. By Application

14.11. Japan

14.11.1. Pricing Analysis

14.11.2. Market Share Analysis, 2021

14.11.2.1. By End Use Industry

14.11.2.2. By Energy Ranges

14.11.2.3. By Application

14.12. South Korea

14.12.1. Pricing Analysis

14.12.2. Market Share Analysis, 2021

14.12.2.1. By End Use Industry

14.12.2.2. By Energy Ranges

14.12.2.3. By Application

14.13. Malaysia

14.13.1. Pricing Analysis

14.13.2. Market Share Analysis, 2021

14.13.2.1. By End Use Industry

14.13.2.2. By Energy Ranges

14.13.2.3. By Application

14.14. Singapore

14.14.1. Pricing Analysis

14.14.2. Market Share Analysis, 2021

14.14.2.1. By End Use Industry

14.14.2.2. By Energy Ranges

14.14.2.3. By Application

14.15. Australia

14.15.1. Pricing Analysis

14.15.2. Market Share Analysis, 2021

14.15.2.1. By End Use Industry

14.15.2.2. By Energy Ranges

14.15.2.3. By Application

14.16. New Zealand

14.16.1. Pricing Analysis

14.16.2. Market Share Analysis, 2021

14.16.2.1. By End Use Industry

14.16.2.2. By Energy Ranges

14.16.2.3. By Application

14.17. GCC Countries

14.17.1. Pricing Analysis

14.17.2. Market Share Analysis, 2021

14.17.2.1. By End Use Industry

14.17.2.2. By Energy Ranges

14.17.2.3. By Application

14.18. South Africa

14.18.1. Pricing Analysis

14.18.2. Market Share Analysis, 2021

14.18.2.1. By End Use Industry

14.18.2.2. By Energy Ranges

14.18.2.3. By Application

14.19. Israel

14.19.1. Pricing Analysis

14.19.2. Market Share Analysis, 2021

14.19.2.1. By End Use Industry

14.19.2.2. By Energy Ranges

14.19.2.3. By Application

15. Market Structure Analysis

15.1. Competition Dashboard

15.2. Competition Benchmarking

15.3. Market Share Analysis of Top Players

15.3.1. By Regional

15.3.2. By End Use Industry

15.3.3. By Energy Ranges

15.3.4. By Application

16. Competition Analysis

16.1. Competition Deep Dive

16.1.1. MITSUBISHI HEAVY INDUSTRIES, LTD.

16.1.1.1. Overview

16.1.1.2. Product Portfolio

16.1.1.3. Profitability by Market Segments

16.1.1.4. Sales Footprint

16.1.1.5. Strategy Overview

16.1.1.5.1. Marketing Strategy

16.1.1.5.2. Product Strategy

16.1.1.5.3. Channel Strategy

16.1.2. Wasik Associates Inc

16.1.2.1. Overview

16.1.2.2. Product Portfolio

16.1.2.3. Profitability by Market Segments

16.1.2.4. Sales Footprint

16.1.2.5. Strategy Overview

16.1.2.5.1. Marketing Strategy

16.1.2.5.2. Product Strategy

16.1.2.5.3. Channel Strategy

16.1.3. VIVIRAD S.A

16.1.3.1. Overview

16.1.3.2. Product Portfolio

16.1.3.3. Profitability by Market Segments

16.1.3.4. Sales Footprint

16.1.3.5. Strategy Overview

16.1.3.5.1. Marketing Strategy

16.1.3.5.2. Product Strategy

16.1.3.5.3. Channel Strategy

16.1.4. Iotron Industries Canada, Inc

16.1.4.1. Overview

16.1.4.2. Product Portfolio

16.1.4.3. Profitability by Market Segments

16.1.4.4. Sales Footprint

16.1.4.5. Strategy Overview

16.1.4.5.1. Marketing Strategy

16.1.4.5.2. Product Strategy

16.1.4.5.3. Channel Strategy

16.1.5. IBA group

16.1.5.1. Overview

16.1.5.2. Product Portfolio

16.1.5.3. Profitability by Market Segments

16.1.5.4. Sales Footprint

16.1.5.5. Strategy Overview

16.1.5.5.1. Marketing Strategy

16.1.5.5.2. Product Strategy

16.1.5.5.3. Channel Strategy

16.1.6. Jiangsu dasheng accelerator manufacturer co., LTD

16.1.6.1. Overview

16.1.6.2. Product Portfolio

16.1.6.3. Profitability by Market Segments

16.1.6.4. Sales Footprint

16.1.6.5. Strategy Overview

16.1.6.5.1. Marketing Strategy

16.1.6.5.2. Product Strategy

16.1.6.5.3. Channel Strategy

16.1.7. DIONDO GMBH

16.1.7.1. Overview

16.1.7.2. Product Portfolio

16.1.7.3. Profitability by Market Segments

16.1.7.4. Sales Footprint

16.1.7.5. Strategy Overview

16.1.7.5.1. Marketing Strategy

16.1.7.5.2. Product Strategy

16.1.7.5.3. Channel Strategy

16.1.8. High Voltage Engineering Europa B.V. (HVE)

16.1.8.1. Overview

16.1.8.2. Product Portfolio

16.1.8.3. Profitability by Market Segments

16.1.8.4. Sales Footprint

16.1.8.5. Strategy Overview

16.1.8.5.1. Marketing Strategy

16.1.8.5.2. Product Strategy

16.1.8.5.3. Channel Strategy

16.1.9. NISSIN ELECTRIC Co.,Ltd.

16.1.9.1. Overview

16.1.9.2. Product Portfolio

16.1.9.3. Profitability by Market Segments

16.1.9.4. Sales Footprint

16.1.9.5. Strategy Overview

16.1.9.5.1. Marketing Strategy

16.1.9.5.2. Product Strategy

16.1.9.5.3. Channel Strategy

16.1.10. Varian Medical Systems, Inc

16.1.10.1. Overview

16.1.10.2. Product Portfolio

16.1.10.3. Profitability by Market Segments

16.1.10.4. Sales Footprint

16.1.10.5. Strategy Overview

16.1.10.5.1. Marketing Strategy

16.1.10.5.2. Product Strategy

16.1.10.5.3. Channel Strategy

17. Assumptions & Acronyms Used

18. Research Methodology

Industrial Linear Accelerator Market

Industrial Linear Accelerator Market by Varying Energy Ranges Industry, Application, End Use Industry & Region | Forecast 2022 to 2032