Technavio has been monitoring the atomic spectroscopy market and is forecast to grow by USD 2461.7 mn during 2023-2028, accelerating at a CAGR of 7.29% during the forecast period. Our report on the atomic spectroscopy market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased funding by government organizations for environmental testing and product safety, rapid growth of end-user industries, and rising awareness among end-users toward advanced instruments.
Technavio's atomic spectroscopy market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
6.66%
CAGR
7.29%
Incremental Value
$2461.7mn
By Technology
Atomic absorption
X ray fluorescence
X ray diffraction
ICP-MS and others
By End-user
Pharmaceutical and biotechnology testing
Food and beverage testing
Environmental testing
Others
By Geographical Landscape
North America
Europe
Asia
Rest of World (ROW)
This study identifies the growing use of portable spectroscopy systems in metal producing and processing sector as one of the prime reasons driving the atomic spectroscopy market growth during the next few years. Also, increasing r and d investments by analytical instrument manufacturers and rising utilization of atomic spectroscopic techniques in alzheimer's disease diagnosis and neural health will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the atomic spectroscopy market covers the following areas:
Atomic spectroscopy market sizing
Atomic spectroscopy market forecast
Atomic spectroscopy market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading atomic spectroscopy market vendors that include A KRUSS Optronic GmbH, Agilent Technologies Inc., AMETEK Inc., Aurora Biomed Inc., Avantor Inc., Bruker Corp., Buck Scientific Instrument Manufacturing Co. AA, Endress Hauser Group Services AG, GBC Scientific Equipment, Hitachi High Tech Corp., HORIBA Ltd., PerkinElmer Inc., Rigaku Corp., SAFAS SA, Shimadzu Corp., Teledyne Technologies Inc., and Thermo Fisher Scientific Inc.. Also, the atomic spectroscopy market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Technology
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Atomic Spectroscopy Market 2018 - 2022
Historic Market Size - Data Table on Global Atomic Spectroscopy Market 2018 - 2022 ($ million)