Dublin, Feb. 22, 2023 (GLOBE NEWSWIRE) -- The "Portable Analytical Instruments: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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 for 2023?
- 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
Report Metrics:
Report Attribute | Details |
No. of Pages | 226 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $8.4 Billion |
Forecasted Market Value (USD) by 2030 | $10.7 Billion |
Compound Annual Growth Rate | 3.1% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Portable Analytical Instruments: A Prelude
- Portable Spectroscopic Analysis: A Lucrative Segment in the Market
- Portable Analytical Instruments - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Low Cost and Ease of Operation of Portable Analytical Instruments: Key Advantages Driving Market Growth
- Surge in Demand for Portable Instruments and Increasing Investments in Pharmaceutical R&D Leads to Market Growth
- Global Pharmaceutical R&D Market: Spending in US$ Billion for the Years 2017, 2019, 2021, 2023 and 2025
- Increasing Healthcare Expenditure Contributes Significantly to Market Growth
- Global Healthcare Spending in US$ Trillion for the Years 2014, 2016, 2018, 2020 and 2022
- Increasing Need for Food Testing Equipment amidst Rising Rate of Diseases and Environmental Concerns Drives Demand Portable Analytical Instrument
- Global Food Safety Testing Market: Breakdown of Revenues in US$ Billion for the Years 2017, 2019, 2021, 2023 and 2025
- Industry Initiatives towards Development of Novel Products Drives Demand
- Portable Analytical Instruments: Challenges
- Product Overview
- Portable Analytical Instruments: Definition
- Portable Analytical Instruments by Technology
- Spectroscopic Analysis
- Elemental Analysis
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/yg3htt
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