X-ray Photoelectron Spectroscopy Market Growth & Trends
The global XPS market is expected to reach USD 948.9 million by 2030, registering a CAGR of 3.9% from 2024 to 2030. Growing application of XPS technology in different industries such as healthcare, semiconductors, aerospace, automotive, and electronics along with rising demand for research and development across all these industries is expected to drive the XPS market over the forecast period.In addition, rising popularity of hyphenated technologies and other technological advancements such as hard X-ray photoelectron spectroscopy (HAXPES) has prompted the growth of the X-ray photoelectron spectroscopy market. The ability of XPS to accurately identify contamination in the provided sample is also expected to contribute towards boosting usage rates.
Rising demand for XPS technique for drug safety and medical research is expected to serve the market as a future growth opportunity. Presence of supportive government initiatives such as the “Safe Use Initiative” by FDA and “Drug Safety Information Survey” introduced by Health Canada for creating awareness regarding medical research and development are some notable examples likely to provide manufacturers with lucrative growth opportunities.
X-ray Photoelectron Spectroscopy Market Report Highlights
- Element detection dominated the market and accounted for a share of 36.9% in 2023. X-ray photoelectron spectroscopy helps detect elemental composition and its analysis, depth profiling, chemical state identification, trace element detection, and surface analysis.
- Healthcare accounted for the largest market revenue share in 2023. This is attributed to the increased adoption rate of X-ray photoelectron spectroscopy in hospitals and healthcare institutes.
- The Asia Pacific XPS market is expected to grow at the fastest CAGR over the forecast period. It is attributed due to the increasing opportunities in technology-based research and development and various government initiatives.
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- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. X-ray Photoelectron Spectroscopy Variables, Trends, & Scope
Chapter 4. X-ray Photoelectron Spectroscopy Market: Usage Estimates & Trend Analysis
Chapter 5. X-ray Photoelectron Market: Application Estimates & Trend Analysis
Chapter 6. X-ray Photoelectron Spectroscopy Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Companies Mentioned
- Thermo Fisher Scientific Inc.
- Evan Analytical Group
- Intertek Group plc
- Yokogawa India Ltd.
- Nova Ltd
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 120 |
Published | August 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 731 Million |
Forecasted Market Value ( USD | $ 948.9 Million |
Compound Annual Growth Rate | 3.9% |
Regions Covered | Global |
No. of Companies Mentioned | 5 |