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Dublin, March 30, 2023 (GLOBE NEWSWIRE) -- The "spectroscopy equipment and accessories: global strategic business report" report has been added to ResearchAndMarkets.com's offering.
The global market for Spectroscopy Equipment and Accessories estimated at US$15.6 Billion in the year 2022, is projected to reach a revised size of US$19.5 Billion by 2030, growing at a CAGR of 2.8% over the analysis period 2022-2030.

Molecular Spectroscopy, one of the segments analyzed in the report, is projected to record a 3.1% CAGR and reach US$7.6 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Atomic Spectroscopy segment is readjusted to a revised 2.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $4.2 Billion, While China is Forecast to Grow at 4.9% CAGR
The Spectroscopy Equipment and Accessories market in the U.S. is estimated at US$4.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2030 trailing a CAGR of 4.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.5% and 2.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.5 Billion by the year 2030.
Select Competitors (Total 29 Featured) -

• AB Sciex LLC
• Agilent Technologies, Inc.
• Bruker Corporation
• Digilab, Inc.
• JEOL Ltd.
• Metrohm AG
• Ocean Optics, Inc.
• PerkinElmer, Inc.
• Rigaku Corporation
• Shimadzu Corporation
• Spectris plc
• Thermo Fischer Scientific Inc.
• Waters Corporation

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Attributes:

Report Attribute	Details
No. of Pages	187
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$15.6 Billion
Forecasted Market Value (USD) by 2030	$19.5 Billion
Compound Annual Growth Rate	2.8%
Regions Covered	Global

Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• A Prelude
• Recent Market Activity
• Overview
• Current and Future Analysis
• Sustained Growth for Aftermarket Products and Services
• Government Funding and Research Activities Propel Molecular Spectroscopy Market
• Growing Preference for Handheld Instruments
• Infrared Spectroscopy - A Peek into Technology and Application Trends
• Raman Spectroscopy - A Review of Advanced Technologies and Applications
• Fluorescence Spectroscopy - A Gold Standard Technology
• Atomic Spectroscopy - An Overview
• Mass Spectrometry: Technological Developments and Expanding End-Use Applications to Bolster Growth
• Review of Select MS Technologies
• Portability: A Major Driving Force for MS Systems Market
• Nanotube Coating to Enable Miniaturization in Mass Spectrometers
• High Prices of MS Systems Hold Down Sales Growth
• Purpose-Built Mass Spectrometers to Transform Personalized Medicine
• Leading End Users of Mass Spectrometry Devices
• A Peek into Regulatory and Competitive Landscape in MS
• Ion-Trap Mass Spectrometry Technology Losses Sheen
• Reduced Government Spending on Laboratory Testing
• Lack of Suitable Software and Diversity of MS Systems - A Major Challenge
• Smaller Clinical Laboratories Continue to Shy Away from Mass Spectrometers
• Spectroscopy Equipment and Accessories - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Rise in Drug Development Outsourcing to Fuel Global Spectroscopy Market
• Growing Significance of Miniaturization in Spectroscopy
• Shift of Analytical Instruments Industry to Mass Customization
• Improved Mobility Broadens the Role of Spectroscopy
• Improved Analyzer Reliability and Performance
• Hyphenated Technologies Exhibit Growth
• Spectroscopy Makes Inroads into Novel Applications
• Applications Extend to Defense and Civilian Areas
• Atomic and Molecular Spectrometers Benefit from Technological Improvements
• Demand for Used Spectroscopy Instruments to Grow Robustly in Future

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
IV. COMPETITION
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