Global Process Spectroscopy Market to Reach $40.7 Billion by 2030
The global market for Process Spectroscopy estimated at US$23.1 Billion in the year 2022, is projected to reach a revised size of US$40.7 Billion by 2030, growing at a CAGR of 7.3% over the analysis period 2022-2030. Hardware, one of the segments analyzed in the report, is projected to record 6.6% CAGR and reach US$26.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 8.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $6.3 Billion, While China is Forecast to Grow at 12% CAGR
The Process Spectroscopy market in the U.S. is estimated at US$6.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$9.6 Billion by the year 2030 trailing a CAGR of 12% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 6.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.Select Competitors (Total 34 Featured) -
- ABB Group
- Agilent Technologies
- BrU.K.er Corporation
- Buchi Labortechnik AG
- Danaher Corporation
- Foss
- HORIBA Ltd.
- Kaiser Optical Systems, Inc.
- Kett Electric Laboratory
- Sartorius AG
- Shimadzu Corporation
- Thermo Fisher Scientific, Inc.
- Yokogawa Electric Corporation
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
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Group
- Agilent Technologies
- BrU.K.er Corporation
- Buchi Labortechnik AG
- Danaher Corporation
- Foss
- HORIBA Ltd.
- Kaiser Optical Systems, Inc.
- Kett Electric Laboratory
- Sartorius AG
- Shimadzu Corporation
- Thermo Fisher Scientific, Inc.
- Yokogawa Electric Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 23.1 Billion |
Forecasted Market Value ( USD | $ 40.7 Billion |
Compound Annual Growth Rate | 7.3% |
Regions Covered | Global |