Neutron generators are neutron source devices which contain compact linear accelerators and that produce neutrons by fusing isotopes of hydrogen together. The fusion reactions take place in these devices by accelerating either deuterium, tritium, or a mixture of these two isotopes into a metal hydride target which also contains deuterium, tritium or a mixture of these isotopes. Fusion of deuterium atoms (D + D) results in the formation of a He-3 ion and a neutron with a kinetic energy of approximately 2.5 MeV. Fusion of a deuterium and a tritium atom (D + T) results in the formation of a He-4 ion and a neutron with a kinetic energy of approximately 14.1 MeV. Neutron generators have applications in medicine, security, and materials analysis.
The major manufacturers of global neutron generators include VNIIA, Adelphi Technology, Thermo Fisher Scientific, Phoenix, Gradel (NSD Fusion), etc. The top five manufacturers in the world account for more than 60% of the market share.
North America is currently the world's largest market for neutron generators with a market share of about 40%, followed by Europe with a market share of nearly 25%.

Market Analysis and Insights: Global Neutron Generators Market
In 2020, the global Neutron Generators market size was US$ 34 million and it is expected to reach US$ 79 million by the end of 2027, with a CAGR of 12.8% during 2021-2027.
Global Neutron Generators Scope and Market Size
Neutron Generators market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Neutron Generators market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Neutron Generators market is segmented into
Portable Neutron Generators
Stationary Neutron Generators

Segment by Application, the Neutron Generators market is segmented into
Oil Prospecting
Security
Research
Others

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape and Neutron Generators Market Share Analysis
Neutron Generators market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Neutron Generators product introduction, recent developments, Neutron Generators sales by region, type, application and by sales channel.

The major companies include:
Phoenix
Sodern
Thermo Fisher Scientific
VNIIA
Adelphi Technology
AMETEK ORTEC
Gradel (NSD Fusion)