The report “EDS, WDS, EBSD, Micro-XRF Instruments Market by Product, by Application (Energy, Defense, Metals, Medical, Research, Agriculture, Nanotechnology, Electronics, Biotechnology, Automotive, Pharmaceutical, Oil and Gas) - Global Forecasts to 2019”, analyzes and studies the major market drivers and restraints.
Browse 19 market data Tables and 37 Figures spread through 103 Pages and in-depth TOC on "EDS, WDS, EBSD, Micro-XRF Instruments Market by Product, by Application (Energy, Defense, Metals, Medical, Research, Agriculture, Nanotechnology, Electronics, Biotechnology, Automotive, Pharmaceutical, Oil and Gas) - Global Forecasts to 2019"
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This report studies the global spectroscopy instruments market for the forecast period of 2014 to 2019. This market is expected to reach USD 529.6 Million by 2019 from USD 403.6 Million in 2014, at a CAGR of 5.6% during the forecast period.
The global spectroscopy instruments market is segmented on the basis of products, applications, and regions.
Based on products, the market is further segmented into EDS, WDS, EBSD, and Micro-XRF. The EDS segment accounted for a major share of the market, by product, in 2014.
Based on applications, the EDS market is segmented into semiconductors/electronics, nanotechnology, the oil and gas industry, defense, automotive/aerospace, medical, pharmaceuticals, agriculture, paint and coatings, mineralogy, energy, forensics, research, and metals. The semiconductors application accounted for a major share of the EDS market, by application, in 2014.
On the basis of regions, spectroscopy instruments market is divided into North America, Europe, Asia, and the Rest of the World (RoW). The Rest of the World comprises Latin America, the Pacific countries, and the Middle East and Africa. North America accounted for the largest share in the EDS, WDS, EBSD, and Micro-XRF market, followed by Europe and Asia. However, the Asian market is slated to grow at the highest CAGR in the forecast period and serves as a revenue pocket for companies operating in this market.
The global spectroscopy instruments market is witnessing a rapid transformation, owing to several technological advancements (particularly miniaturization of devices). Moreover, the market has seen the advent of hyphenated technologies such as SEMs equipped with EDS and WDS detectors.
The demand for spectroscopy systems is increasing due to the growing requirement in the semiconductors, nanotechnology, life sciences, and pharmaceutical industries as well as the substantial demand from the chemical and petrochemical industries. Furthermore, the increasing applications of spectroscopy have resulted in the widespread adoption of these instruments.
In 2013, the global spectroscopy instruments market was dominated by four players, namely, Oxford Instruments plc (U.K.), AMETEK, Inc. (U.S.), Bruker Corporation (U.S.), and Thermo Fisher Scientific, Inc. (U.S.). Other players in this market include JEOL Ltd. (Japan), FEI Company (U.S.), Shimadzu Corporation (Japan), Rigaku Corporation (Japan), and IXRF Systems, Inc. (U.S.).
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