Portable Analytical Instruments: Global Strategic Business Report

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.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year