Factors driving growth of the micro-channel plate (MCP) market:
Increasing research and development activities in the field of physics is a major factor driving growth of the market. Areas such as nuclear studies and beam fusion studies require micro channel plate. This requirement is expected to result in increasing demand for micro-channel plate over the forecast period.
Moreover, micro-channel plate finds application in fields such as astrophysics and space, experimental & nuclear physics, electron and ion microscopy, spectrometry, and medical practice. Growth of these fields is expected to boost demand for micro-channel plate over the forecast period, thereby driving growth of the market. For instance, micro-channel plate detector is used in night vision glasses and the demand for night vision devices is increasing, which subsequently drives the micro-channel plate (MCP) market growth.
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