X-ray Photoelectron Spectroscopy Market Size, Share, Growth and Trends Analysis Report
by Susan Hill Business ConsultantThe
global XPS market is expected to reach USD 712.4 million
by 2022, according to a new report by Grand View Research, Inc. 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.
Further key
findings from the report suggest:
- The global
element detection market is anticipated to reach 257.05 million by 2022,
at a CAGR of 6.29% from 2015 to 2022
- In terms of
usage, contamination detection segment is expected to show the fastest
growth during the forecast period
- In terms of
application, healthcare segment is expected to dominate the market over
the forecast period
- Asia pacific is
expected to show the fastest growth in XPS market over the forecast period
- North America
is expected to dominate the XPS market during the forecast period
- The market is
partially consolidated and competitive in nature, with presence of global
multinational players.
- Some of the key
companies present in the market include Thermo Fisher Scientific, Kratos
Analytical, Evan Analytical Group (EAG), Intertek, V G Scienta, Yokogawa,
Kett and Mitsubishi
Electric.
Access full
research report on global X-ray Photoelectron Spectroscopy market:
www.grandviewresearch.com/industry-analysis/xps-market
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Created on Sep 6th 2019 09:58. Viewed 237 times.