Market Overview:
The Global Micro-XRF Analyzer Market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for micro-XRF analyzers in various applications such as materials science, geoscience, forensic science, archaeology, bioscience and others. In addition, the growing demand for benchtop micro-XRF analyzers is also contributing to the market growth. However, high cost of micro-XRF analyzers may restrain the market growth in some regions during the forecast period.
Product Definition:
A micro-XRF analyzer is a device that uses X-rays to determine the elemental composition of a material. This device is important because it can be used to identify the presence of specific elements in a sample, which can help researchers understand the properties and behavior of that material.
Benchtop Micro-XRF Analyzer:
The global benchtop micro-XRF analyzer market size was valued at USD 1.5 billion in 2015 and is expected to witness a significant growth owing to the increasing demand for small, portable and battery-powered devices that can be used for XRF analysis on the spot. The growing need for point of care diagnostics has led to an increase in R&D activities related to medical electronics which is anticipated to drive the market growth over the forecast period.
Non-Benchtop Micro-XRF Analyzer:
Non-benchtop micro-XRF analyzer is a device used for non-destructive testing of small and thin parts. It's main function is to identify the composition of matter in a material by analyzing the XRF (Extension to Mobile Platform) signal that is emitted from materials when they are exposed to an electromagnetic field. The results obtained by this analyzer can be used for various purposes such as detection of counterfeit money, metal detecting, security printing authentication etc.
Application Insights:
The materials science segment dominated the global micro-XRF analyzer market in terms of revenue share in 2017. The growth can be attributed to increasing demand for advanced materials and growing focus on miniaturization of equipment to enhance analytical capabilities. Micro-XRF is used for analysis of metals, alloys, ceramic material as well as composites with different types of X-ray fluorescence spectrometers.
Micro-XRF is also used for characterization and identification purposes of various other materials such as semiconductors, polymers & composite laminates, rubber & plastics etc., which are difficult or impossible to analyze by other conventional techniques due to their small size or bulkiness.
Geoscience includes petrology (the study of rocks), geochemistry (the study Geology) and mineralogy (the study Clastic Geology).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of X-ray equipment manufacturers and suppliers, along with increased demand for security systems in North American countries. Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to increasing government initiatives for use of such analyzers across various applications. Moreover, rising investments by governments in developing countries are anticipated to boost regional growth during the forecast period.
Growth Factors:
- Increasing demand for quality control and assurance in various industries
- Growing awareness about the benefits of micro-xrf analyzers
- Technological advancements in micro-xrf analyzers
- Rising demand from emerging economies
- Growing number of applications for micro-xrf analyzers
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro-XRF Analyzer Market Research Report
By Type
Benchtop Micro-XRF Analyzer, Non-Benchtop Micro-XRF Analyzer
By Application
Materials Science, Geoscience, Forensic Science, Archaeology, Bioscience, Others
By Companies
AMETEK, HORIBA, Bruker, Hitachi High-Tech, AMETEK
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Micro-XRF Analyzer Market Report Segments:
The global Micro-XRF Analyzer market is segmented on the basis of:
Types
Benchtop Micro-XRF Analyzer, Non-Benchtop Micro-XRF Analyzer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Materials Science, Geoscience, Forensic Science, Archaeology, Bioscience, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AMETEK
- HORIBA
- Bruker
- Hitachi High-Tech
- AMETEK
Highlights of The Micro-XRF Analyzer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Benchtop Micro-XRF Analyzer
- Non-Benchtop Micro-XRF Analyzer
- By Application:
- Materials Science
- Geoscience
- Forensic Science
- Archaeology
- Bioscience
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Micro-XRF Analyzer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Micro-XRF Analyzer is a handheld XRF instrument that can be used to analyze small samples. It has a high resolution and can identify elements in minute quantities.
Some of the major companies in the micro-xrf analyzer market are AMETEK, HORIBA, Bruker, Hitachi High-Tech, AMETEK.
The micro-xrf analyzer market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Micro-XRF Analyzer Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Micro-XRF Analyzer Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Micro-XRF Analyzer Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Micro-XRF Analyzer Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Micro-XRF Analyzer Market Size & Forecast, 2018-2028 4.5.1 Micro-XRF Analyzer Market Size and Y-o-Y Growth 4.5.2 Micro-XRF Analyzer Market Absolute $ Opportunity
Chapter 5 Global Micro-XRF Analyzer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Micro-XRF Analyzer Market Size Forecast by Type
5.2.1 Benchtop Micro-XRF Analyzer
5.2.2 Non-Benchtop Micro-XRF Analyzer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Micro-XRF Analyzer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Micro-XRF Analyzer Market Size Forecast by Applications
6.2.1 Materials Science
6.2.2 Geoscience
6.2.3 Forensic Science
6.2.4 Archaeology
6.2.5 Bioscience
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micro-XRF Analyzer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Micro-XRF Analyzer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Micro-XRF Analyzer Analysis and Forecast
9.1 Introduction
9.2 North America Micro-XRF Analyzer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Micro-XRF Analyzer Market Size Forecast by Type
9.6.1 Benchtop Micro-XRF Analyzer
9.6.2 Non-Benchtop Micro-XRF Analyzer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Micro-XRF Analyzer Market Size Forecast by Applications
9.10.1 Materials Science
9.10.2 Geoscience
9.10.3 Forensic Science
9.10.4 Archaeology
9.10.5 Bioscience
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Micro-XRF Analyzer Analysis and Forecast
10.1 Introduction
10.2 Europe Micro-XRF Analyzer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Micro-XRF Analyzer Market Size Forecast by Type
10.6.1 Benchtop Micro-XRF Analyzer
10.6.2 Non-Benchtop Micro-XRF Analyzer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Micro-XRF Analyzer Market Size Forecast by Applications
10.10.1 Materials Science
10.10.2 Geoscience
10.10.3 Forensic Science
10.10.4 Archaeology
10.10.5 Bioscience
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Micro-XRF Analyzer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Micro-XRF Analyzer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Micro-XRF Analyzer Market Size Forecast by Type
11.6.1 Benchtop Micro-XRF Analyzer
11.6.2 Non-Benchtop Micro-XRF Analyzer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Micro-XRF Analyzer Market Size Forecast by Applications
11.10.1 Materials Science
11.10.2 Geoscience
11.10.3 Forensic Science
11.10.4 Archaeology
11.10.5 Bioscience
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Micro-XRF Analyzer Analysis and Forecast
12.1 Introduction
12.2 Latin America Micro-XRF Analyzer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Micro-XRF Analyzer Market Size Forecast by Type
12.6.1 Benchtop Micro-XRF Analyzer
12.6.2 Non-Benchtop Micro-XRF Analyzer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Micro-XRF Analyzer Market Size Forecast by Applications
12.10.1 Materials Science
12.10.2 Geoscience
12.10.3 Forensic Science
12.10.4 Archaeology
12.10.5 Bioscience
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Micro-XRF Analyzer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Micro-XRF Analyzer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Micro-XRF Analyzer Market Size Forecast by Type
13.6.1 Benchtop Micro-XRF Analyzer
13.6.2 Non-Benchtop Micro-XRF Analyzer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Micro-XRF Analyzer Market Size Forecast by Applications
13.10.1 Materials Science
13.10.2 Geoscience
13.10.3 Forensic Science
13.10.4 Archaeology
13.10.5 Bioscience
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Micro-XRF Analyzer Market: Competitive Dashboard
14.2 Global Micro-XRF Analyzer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AMETEK
14.3.2 HORIBA
14.3.3 Bruker
14.3.4 Hitachi High-Tech
14.3.5 AMETEK