+1-888-308-5802     
News Contact Us

X-ray Photoelectron Spectroscopy Market 2019 Global Size, Trends, Potential Growth Key Factors

Author : Rahul Sankrityayan | Published Date : 2019-05-28 

Global X-ray Photoelectron Spectroscopy Market is set to exceed USD 820 million by 2024; according to a new research report by Global Market Insights. Growing demand for hyphenated technology will enable efficient characterization of surface elements that should increase its preference amongst the technicians and engineers. Moreover, scientists utilize this technology to manufacture commercially viable products. For instance, scientists typically select TGA 8000 hyphenated technology that helps them to manufacture superior quality polymer materials. Also, hyphenated technology has been leveraged by researchers for developing new compounds that are used in treatment of chronic diseases such as cancer. High usage of hyphenated technology in medical as well as various other emerging industrial fields such aerospace and automotive should augment the industry growth in forthcoming years.

Technological advancements in X-ray photoelectron spectroscopy devices will enhance the market growth in forthcoming years. Newly developed X-ray spectrometers specifically use monochromatic source of radiations that enables accurate quantitative analysis of the surface composition of compounds being studied. Moreover, key industry players such as Thermo Fisher Scientific and Kratos Analytical focus their efforts on developing new XPS devices that are integrated with advanced technology.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/431

The technology used in these XPS system can study up to 1-12nm of a particle that further increases its preference among scientists and researchers propelling the industry growth. However, lack of awareness amongst the population in emerging countries regarding availability of technologically advanced XPS systems may hamper the business growth during forecast timeframe. Element detection segment was valued at USD 193.8 million in 2017 and is expected to have considerable growth during the forecast timeframe. Growth of element detection segment can be attributed to the growing utilization of X-ray photoelectron spectroscopy technique that helps in tracing minutest element size. 

Moreover, recently XPS technology is been rapidly utilized for analyzing the elemental composition of chemical compounds such as graphite and other isotopes of carbon. Such accurate elemental analysis facilitates scientific as well as research carried out for commercial purposes that should augment the segmental growth. Healthcare segment of XPS market will experience 6.3% CAGR during the forecast timeframe. Extensive use of XPS devices in drug discovery and other scientific researches will escalate the segment growth substantially in the forthcoming years. 

Furthermore, growing use of XPS technology in bioengineering that enables precise characterization of biological and organic materials will escalate adoption of spectroscopy devices ultimately boosting the segmental growth. X-ray photoelectron spectroscopy market size in the automotive sector will register an annual growth rate of 6.7% over the coming six years, primarily driven by its increasing use for finding defects and detecting contaminants.

Geographically, Asia Pacific X-ray photoelectron spectroscopy market share is anticipated to grow noticeably over the coming timeframe, owing to the developing infrastructure sector as well as expanding healthcare industry. China and India will be major revenue drivers for the APAC. India X-ray photoelectron spectroscopy industry will exhibit a growth rate of more than 8% over the coming years.

Supportive government rules & regulations as well as availability of fully developed laboratories will fuel the UK X-ray photoelectron spectroscopy industry size over the period of 2016 to 2023.

U.S. X-ray photoelectron spectroscopy industry share is projected to surpass revenue of USD 250 million by 2023. The surging installation of the instruments, which are incorporated with new innovative and enhanced technology are expected to fuel the regional demand growth. In addition, favorable government norms along with the implementation of FDA approved health policies regarding drug safety and quality will influence the X-ray photoelectron spectroscopy market noticeably.

Market giants are adopting various growth strategies like collaborations, mergers & acquisitions to maintain their business position across the globe. Intertek, Kett, Evans Analytical Group LLC, VG Scienta, Kratos Analytical Ltd, Yokogawa, Mitsubishi Electric, and Thermo Fisher Scientific are some of the noteworthy players in the X-ray photoelectron spectroscopy market.

X-ray Photoelectron Spectroscopy Market, By Usage (USD Million)

1 Element Detection
2 Contamination Detection
3 Density Estimation
4 Empirical formula Determination

X-ray Photoelectron Spectroscopy Market, By Application (USD million)

1 Healthcare
2 Semiconductors
3 Electronics
4 Aerospace
5 Automotive

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/431

Chapter 1. Methodology

1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1.  Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2.  Primary

Chapter 2. Executive Summary

2.1. X-ray photoelectron spectroscopy industry 3600 synopsis, 2013 - 2024
2.1.1.  Business trends
2.1.2.  Usage trends
2.1.3.  Applications trends
2.1.4.  Light source type trends
2.1.5.  Regional trends

Chapter 3. X-ray Photoelectron Spectroscopy Industry Insights

3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces

3.3.1.  Growth drivers
3.3.1.1.  Growing demand for hyphenated technology
3.3.1.2.  Increasing applications in medical research and drug safety
3.3.1.3.  Technological advancements integrated in XPS systems
3.3.1.4.  Rising adoption of XPS system in environmental and other industrial sectors

3.3.2.  Industry pitfalls and challenges
3.3.2.1.  High capital expenditure
3.3.2.2.  Low degree of awareness
3.3.2.3.  Need for technical expertise

Data Tables

TABLE 1.    X-ray Photoelectron Spectroscopy industry 360° synopsis, 2013 – 2024
TABLE 2.    Global X-ray photoelectron spectroscopy market, 2013–2024 (USD Mn)
TABLE 3.    Global X-ray photoelectron spectroscopy market, by usage, 2013–2024 (USD Mn)
TABLE 4.    Global X-ray photoelectron spectroscopy market, by application, 2013–2024 (USD Mn)
TABLE 5.    Global X-ray photoelectron spectroscopy market, by light source, 2013–2024 (USD Mn)
TABLE 6.    Global X-ray photoelectron spectroscopy market, by region, 2013–2024 (USD Mn)

Related Report- Healthcare Laboratory Informatics Market By Product, By Deployment, Regional Outlook, Application Development, Price Trend, Competitive Landscape & Forecast

Know more @ https://www.marketwatch.com/press-release/healthcare-laboratory-informatics-market-size-is-expected-to-acquire-largest-business-share-during-the-forecast-period-2019-05-28

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

Related News

Calcium Phosphate Market To Perceive Substantial Growth During 2025

Published Date: 2019-11-21         Author: Rahul Sankrityayan

Calcium Phosphate Market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use. All quantitative information is covered on a regional as well as country basis. The report provides valuable strat... Read More

Non-dairy Ice Cream Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2024

Published Date: 2019-11-21         Author: Rahul Sankrityayan

Non-dairy Ice Cream Market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use. All quantitative information is covered on a regional as well as country basis. The report provides valuable str... Read More

Fortified Salts Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2024

Published Date: 2019-11-21         Author: Rahul Sankrityayan

Fortified Salts report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use. All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insi... Read More

© 2019 Fractovia. All Rights Reserved