Atomic Spectroscopy Market Report: Trends, Forecast and Competitive Analysis to 2030

Atomic Spectroscopy Trends and Forecast

The future of the global atomic spectroscopy market looks promising with opportunities in the food & beverage testing, pharmaceuticals & biotechnology, and environmental testing markets. The global atomic spectroscopy market is expected to reach an estimated $8.8 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are process of ensuring the safety of drugs and conducting medical research, increasing utilization of X-Ray fluorescence in the field of medical research, and fresh global certification for good manufacturing practice and good distribution practice in the realm of pharmaceutical excipients.

A more than 150-page report is developed to help in your business decisions.

Atomic Spectroscopy by Segment

The study includes a forecast for the global atomic spectroscopy by technology, application, and region.

Atomic Spectroscopy Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Atomic Absorption Spectroscopy
• X-Ray Diffraction Spectroscopy
• X-Ray Fluorescence Spectroscopy
• Inductively Coupled Plasma- Optical Emission Spectroscopy
• Inductively Coupled Plasma- Mass Spectrometry
• Others

Atomic Spectroscopy Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Food & Beverage Testing
• Pharmaceuticals & Biotechnology
• Environmental Testing
• Others

Atomic Spectroscopy Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Atomic Spectroscopy Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies atomic spectroscopy companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the atomic spectroscopy companies profiled in this report include-

• Agilent Technologies
• Bruker
• Thermo Fisher Scientific
• Perkinelmer
• Rigaku
• Shimadzu
• Analytik Jena
• Aurora Biomed
• GBC Scientific Equipment
• Hitachi High-Technologies

Atomic Spectroscopy Market Insights

Lucintel forecasts that atomic absorption spectroscopy will remain the largest segment over the forecast period because it is relatively inexpensive, easy-to-use, and widely used in several industries, including food and beverage, environmental testing, and pharmaceuticals.

North America will remain the largest region over the forecast period due to huge investments in the healthcare and pharmaceutical industries and strong presence of key market players in the region.

Features of the Global Atomic Spectroscopy Market

Market Size Estimates: Atomic spectroscopy market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Atomic spectroscopy market size by technology, application, and region in terms of value ($B).

Regional Analysis: Atomic spectroscopy market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technology, application, and regions for the atomic spectroscopy market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the atomic spectroscopy market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the atomic spectroscopy market size?

Answer: The global atomic spectroscopy market is expected to reach an estimated $8.8 billion by 2030.

Q2. What is the growth forecast for atomic spectroscopy market?

Answer: The global atomic spectroscopy market is expected to grow with a CAGR of 6.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the atomic spectroscopy market?

Answer: The major drivers for this market are process of ensuring the safety of drugs and conducting medical research, increasing utilization of X-Ray fluorescence in the field of medical research, and fresh global certification for good manufacturing practice and good distribution practice in the realm of pharmaceutical excipients.

Q4. What are the major segments for atomic spectroscopy market?

Answer: The future of the global atomic spectroscopy market looks promising with opportunities in the food & beverage testing, pharmaceuticals & biotechnology, and environmental testing markets.

Q5. Who are the key atomic spectroscopy market companies?

Answer: Some of the key atomic spectroscopy companies are as follows:

• Agilent Technologies
• Bruker
• Thermo Fisher Scientific
• Perkinelmer
• Rigaku
• Shimadzu
• Analytik Jena
• Aurora Biomed
• GBC Scientific Equipment
• Hitachi High-Technologies

Q6. Which atomic spectroscopy market segment will be the largest in future?

Answer: Lucintel forecasts that atomic absorption spectroscopy will remain the largest segment over the forecast period because it is relatively inexpensive, easy-to-use, and widely used in several industries, including food and beverage, environmental testing, and pharmaceuticals.

Q7. In atomic spectroscopy market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to huge investments in the healthcare and pharmaceutical industries and strong presence of key market players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the atomic spectroscopy market by technology (atomic absorption spectroscopy, X-Ray diffraction spectroscopy, X-Ray fluorescence spectroscopy, inductively coupled plasma- optical emission spectroscopy, inductively coupled plasma- mass spectrometry, and others), application (food & beverage testing, pharmaceuticals & biotechnology, environmental testing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?