Simultaneous-Functionality Analyzers: Global Strategic Business Report

Global Simultaneous-Functionality Analyzers Market to Reach $322.8 Million by 2027

In the changed post COVID-19 business landscape, the global market for Simultaneous-Functionality Analyzers estimated at US$224.8 Million in the year 2020, is projected to reach a revised size of US$322.8 Million by 2027, growing at a CAGR of 5.3% over the analysis period 2020-2027. Chemical & Material Manufacturers, one of the segments analyzed in the report, is projected to record a 6% CAGR and reach US$109.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Pharmaceutical & Biotechnology segment is readjusted to a revised 4.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $61.3 Million, While China is Forecast to Grow at 8.1% CAGR

The Simultaneous-Functionality Analyzers market in the U.S. is estimated at US$61.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$65 Million by the year 2027 trailing a CAGR of 8.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$42.2 Million by the year 2027.

Food & Beverages Segment to Record 5.5% CAGR

In the global Food & Beverages segment, USA, Canada, Japan, China and Europe will drive the 5.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$30.5 Million in the year 2020 will reach a projected size of US$43.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 5.9% CAGR through the analysis period.

Select Competitors (Total 34 Featured) -

• Hitachi High-Technologies
• Instrument Specialists
• Leco
• Linseis
• Mettler-TOLEDo
• Nanjing Dazhan Institute of Electromechanical Technology
• Netzsch
• Perkinelmer
• Rigaku
• Setaram Instrumentation
• Shanghai and Sheng Instrument Technology
• Shanghai Innuo Precision Instruments
• Shimadzu
• TA Instruments (A Subsidiary of Waters)
• Theta Industries

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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• Complimentary updates for one year