Market Research Report
|Published by||Global Industry Analysts, Inc.||Product code||909331|
|Published||Content info||184 Pages
Delivery time: 1-2 business days
|Published: September 1, 2020||Content info: 184 Pages||
Global Thermal Analysis Market to Reach $739.1 Million by 2027
Amid the COVID-19 crisis, the global market for Thermal Analysis estimated at US$546.9 Million in the year 2020, is projected to reach a revised size of US$739.1 Million by 2027, growing at aCAGR of 4.4% over the period 2020-2027. Single-Functionality Analyzers, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$487.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Simultaneous-Functionality Analyzers segment is readjusted to a revised 3.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $161.1 Million, While China is Forecast to Grow at 4.1% CAGR
The Thermal Analysis market in the U.S. is estimated at US$161.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$131 Million by the year 2027 trailing a CAGR of 4.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.We bring years of research experience to this 9th edition of our report. The 184-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,