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Atomic Spectroscopy Market Size Incredible Possibilities and Growth Analysis

The atomic spectroscopy market is poised to reach USD 5.60 Billion by 2020, growing at a CAGR of 6.0% during the forecast period of 2015 to 2020.

 



(EMAILWIRE.COM, August 06, 2019 ) The global atomic spectroscopy market is segmented on the basis of technology, application, and region. The growth of the overall market can be contributed to rising investments, funds, and grants by government bodies worldwide and technological advancements.

Based on technology, the atomic spectroscopy market is categorized into atomic absorption, X-ray Diffraction, x-ray fluorescence, ICP-MS, ICP-OES, Elemental Analyzers and other atomic spectroscopy. In 2015, atomic absorption segment is estimated to account for the major share of the atomic spectroscopy market.

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Based on application, the market is segmented into pharmaceuticals & biotechnology, industrial chemistry, environmental testing, food & beverage testing, petrochemical, geochemical/mining and others. In 2015, the food & beverage testing segment is estimated to account for the major share of the atomic spectroscopy market.

On the basis of region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2015, North America is expected to account for the largest share of the atomic spectroscopy market, followed by Europe and Asia-Pacific. However, the Asia-Pacific market is slated to grow at the highest CAGR during the forecast period and serve as a revenue pocket for companies offering atomic spectroscopy equipment.

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The market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2015, North America is expected to account for the largest share of the atomic spectroscopy market, followed by Europe and Asia-Pacific. However, the Asia-Pacific market is slated to grow at the highest CAGR during the forecast period and serve as a revenue pocket for companies offering atomic spectroscopy equipment.

The major players operating in this market are Agilent Technologies (U.S.), PerkinElmer (U.S.), Thermo Fisher Scientific (U.S.), Bruker Corporation (U.S), Rigaku Corporation (Japan), Shimadzu Corporation (Japan), Analytik Jena AG (Germany), Hitachi High-Technologies Corporation (Japan), GBC Scientific Equipment Pty Ltd (Australia), and Aurora Biomed (Canada).

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