Global Portable Analytical Instruments Market to Reach $10.7 Billion by 2030
The global market for Portable Analytical Instruments estimated at US$8.4 Billion in the year 2022, is projected to reach a revised size of US$10.7 Billion by 2030, growing at a CAGR of 3% over the analysis period 2022-2030. Spectroscopic Analysis, one of the segments analyzed in the report, is projected to record a 3.2% CAGR and reach US$6.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Elemental Analysis segment is readjusted to a revised 2.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 5.1% CAGR
The Portable Analytical Instruments market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2030 trailing a CAGR of 5.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.6% and 2.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.4 Billion by the year 2030.Select Competitors (Total 47 Featured) -
- B&W Tek, Inc.
- Bruker Corporation
- Danaher Corporation
- Horiba Ltd.
- Jasco, Inc.
- Shimadzu Corporation
- Spectris PLC
- Teledyne Technologies Inc.
- Thermo Fisher Scientific, Inc.
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- B&W Tek, Inc.
- Bruker Corporation
- Danaher Corporation
- Horiba Ltd.
- Jasco, Inc.
- Shimadzu Corporation
- Spectris PLC
- Teledyne Technologies Inc.
- Thermo Fisher Scientific, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 226 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 8.4 Billion |
Forecasted Market Value ( USD | $ 10.7 Billion |
Compound Annual Growth Rate | 3.1% |
Regions Covered | Global |