Global Photometer and Calorimeter Market to Reach $799.9 Million by 2027
Amid the COVID-19 crisis, the global market for Photometer and Calorimeter estimated at US$392.7 Million in the year 2020, is projected to reach a revised size of US$799.9 Million by 2027, growing at a CAGR of 10.7% over the period 2020-2027. Photometer, one of the segments analyzed in the report, is projected to record 12.4% CAGR and reach US$355.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Calorimeter segment is readjusted to a revised 9.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $106 Million, While China is Forecast to Grow at 14.4% CAGR
The Photometer and Calorimeter market in the U.S. is estimated at US$106 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$174.8 Million by the year 2027 trailing a CAGR of 14.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 9.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR.
Select Competitors (Total 42 Featured):
Amid the COVID-19 crisis, the global market for Photometer and Calorimeter estimated at US$392.7 Million in the year 2020, is projected to reach a revised size of US$799.9 Million by 2027, growing at a CAGR of 10.7% over the period 2020-2027. Photometer, one of the segments analyzed in the report, is projected to record 12.4% CAGR and reach US$355.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Calorimeter segment is readjusted to a revised 9.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $106 Million, While China is Forecast to Grow at 14.4% CAGR
The Photometer and Calorimeter market in the U.S. is estimated at US$106 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$174.8 Million by the year 2027 trailing a CAGR of 14.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 9.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR.
Select Competitors (Total 42 Featured):
- ABB Group
- Gooch & Housego PLC
- Hanna Instruments, Inc.
- Konica Minolta, Inc.
- Mettler-Toledo International, Inc.
- Parr Instrument Company
- Setaram Instrumentation
- SWAN Analytische Instrumente AG
- TA Instruments
- Yokogawa Electric Corporation
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I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
1. MARKET OVERVIEW
III. MARKET ANALYSIS
IV. COMPETITION
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