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DUBLIN--(BUSINESS WIRE)--The "Spectroscopy Equipment and Accessories - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Spectroscopy Equipment and Accessories Market to Reach $16.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Spectroscopy Equipment and Accessories estimated at US$14.6 Billion in the year 2020, is projected to reach a revised size of US$16.5 Billion by 2027, growing at a CAGR of 1.8% over the analysis period 2020-2027.

Molecular Spectroscopy, one of the segments analyzed in the report, is projected to record a 2.1% CAGR and reach US$5.8 Billion 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 Atomic Spectroscopy segment is readjusted to a revised 1.3% CAGR for the next 7-year period.

The U. S. Market is Estimated at $4 Billion, While China is Forecast to Grow at 3.6% CAGR

The Spectroscopy Equipment and Accessories market in the U. S. is estimated at US$4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2027 trailing a CAGR of 3.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.2% and 1.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.7% CAGR.

Mass Spectrometry Segment to Record 2.1% CAGR

In the global Mass Spectrometry segment, USA, Canada, Japan, China and Europe will drive the 1.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3 Billion in the year 2020 will reach a projected size of US$3.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.2 Billion by the year 2027, while Latin America will expand at a 2.8% CAGR through the analysis period.

The 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.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/hbdoxf

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Global Spectroscopy Equipment and Accessories Market Report 2020-2027: Molecular Spectroscopy to Account for $5.8 Billion of the $16.5 Billion Market...

This entry was posted on December 11, 2020 at 2:52 pm and is filed under Personalized Medicine. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed. |