Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global X-ray Fluorescence (XRF) Market by Type (Handheld, Desktop), By Application (Cement, Mining & Metals, Petroleum, Chemicals, Environmental, Food & Pharmaceutical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global X-ray Fluorescence (XRF) Market by Type (Handheld, Desktop), By Application (Cement, Mining & Metals, Petroleum, Chemicals, Environmental, Food & Pharmaceutical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 138331 3300 Machinery & Equipment 377 233 Pages 5 (44)

Market Overview:

The global XRF market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for handheld XRF devices in various applications, rising awareness about health and safety hazards associated with heavy metals, and growing demand for XRF analyzers from food and pharmaceutical industries. However, lack of standardization across different regions is expected to restrain the growth of this market during the forecast period. On the basis of type, handheld XRF devices are expected to account for a larger share of the global XRF market during the forecast period. This can be attributed to their growing popularity among end users owing to their portability and ease-of-use.

Global X-ray Fluorescence (XRF) Industry Outlook

Product Definition:

XRF is a technique used to determine the elemental composition of a sample. It works by bombarding the sample with X-rays, which causes the atoms in the sample to emit secondary radiation in the form of fluorescent light. The intensity of this light can be used to identify and quantify the elements present in the sample.


Handheld XRF devices are instruments that help in analyzing the composition of an object without physically bringing the sample into a lab. The device is used for various applications such as food, beverage, pharmaceutical and environmental testing. It also finds application in forensics to detect drugs or explosives with the help of detecting trace elements such as metals or chemicals in a person’s body.

The global handheld XRF market was valued at USD 648 million in 2016.


The global desktop and its usage in the X-ray Fluorescence (XRF) market size was valued at USD 6.5 billion in 2015. The increasing demand for miniaturization, energy efficiency, and automation is expected to drive the growth of this industry over the forecast period.

Increasing adoption of these systems due to their compactness, cost effectiveness & high performance are anticipated to propel demand over next seven years.

Application Insights:

The global X-ray fluorescence market is segmented by application into cement, mining & metals, petroleum, chemicals and environmental; food & pharmaceutical and other applications. The mining & metals segment dominated the overall industry in terms of revenue in 2017. This can be attributed to the rising demand for metal resources such as aluminum and gold across various end-use industries including automotive, construction and electronics.

The growing use of fluorescent minerals for prospecting for copper has also contributed significantly to the growth of this segment over the recent past. In addition, several companies have started manufacturing handheld devices that are specifically designed for mineral exploration activities which further contributes to its high penetration rate among other applications globally.

Regional Analysis:

North America XRF market is expected to grow at a significant rate over the forecast period. The growth can be attributed to the increasing use of x-ray fluorescence in metallurgy and mining exploration for prospecting and ore identification. In North America, companies such as MDS Nordion are involved in developing advanced XRF instruments for geology applications.

The Asia Pacific region is anticipated to witness lucrative growth during the forecast period owing to rising demand from end-use industries such as cement, petroleum, chemicals, environmental monitoring and food & pharmaceuticals. Rapid industrialization coupled with growing infrastructure activities will also drive regional market growth over the next eight years  (2030).

In China alone there are around 50 thousand mines producing about 13% of global output; thus making it one of the largest producers globally (IMF 2016).

Growth Factors:

  • Increasing demand for elemental analysis in various industries
  • Growing popularity of portable XRF analyzers
  • Rising need for quality control and assurance in manufacturing processes
  • Proliferation of research and development activities in the field of XRF technology
  • Increasing number of applications for XRF technology

Scope Of The Report

Report Attributes

Report Details

Report Title

X-ray Fluorescence (XRF) Market Research Report

By Type

Handheld, Desktop

By Application

Cement, Mining & Metals, Petroleum, Chemicals, Environmental, Food & Pharmaceutical

By Companies

Bourevestnik, Bruker, BSI, DFMC, Elvatech, Helmut Fischer, Hitachi, Horiba, Jingpu, LANScientific, Olympus, Oxford Instrument, PANalytical, PERSEE, Polywis, Rigaku, Shimadzu, Skyray Instrument, Spectro, Thermo Fisher

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global X-ray Fluorescence (XRF) Market Report Segments:

The global X-ray Fluorescence (XRF) market is segmented on the basis of:


Handheld, Desktop

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.


Cement, Mining & Metals, Petroleum, Chemicals, Environmental, Food & Pharmaceutical

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:

  1. Bourevestnik
  2. Bruker
  3. BSI
  4. DFMC
  5. Elvatech
  6. Helmut Fischer
  7. Hitachi
  8. Horiba
  9. Jingpu
  10. LANScientific
  11. Olympus
  12. Oxford Instrument
  13. PANalytical
  14. PERSEE
  15. Polywis
  16. Rigaku
  17. Shimadzu
  18. Skyray Instrument
  19. Spectro
  20. Thermo Fisher

Global X-ray Fluorescence (XRF) Market Overview

Highlights of The X-ray Fluorescence (XRF) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Handheld
    2. Desktop
  1. By Application:

    1. Cement
    2. Mining & Metals
    3. Petroleum
    4. Chemicals
    5. Environmental
    6. Food & Pharmaceutical
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the X-ray Fluorescence (XRF) 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.

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  • Product & Brand Management
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  • Identifying Appropriate Advertising Appeals

Global X-ray Fluorescence (XRF) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

XRF is a technique used to identify elements in materials by measuring the amount of X-rays that are emitted when the material is exposed to an X-ray beam.

Some of the major players in the x-ray fluorescence (xrf) market are Bourevestnik, Bruker, BSI, DFMC, Elvatech, Helmut Fischer, Hitachi, Horiba, Jingpu, LANScientific, Olympus, Oxford Instrument, PANalytical, PERSEE, Polywis, Rigaku, Shimadzu, Skyray Instrument, Spectro, Thermo Fisher.

The x-ray fluorescence (xrf) market is expected to register a CAGR of 6.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. X-ray Fluorescence (XRF) Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. X-ray Fluorescence (XRF) Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. X-ray Fluorescence (XRF) Market - Supply Chain
   4.5. Global X-ray Fluorescence (XRF) Market Forecast
      4.5.1. X-ray Fluorescence (XRF) Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. X-ray Fluorescence (XRF) Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. X-ray Fluorescence (XRF) Market Absolute $ Opportunity

5. Global X-ray Fluorescence (XRF) Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. X-ray Fluorescence (XRF) Market Size and Volume Forecast by Type
      5.3.1. Handheld
      5.3.2. Desktop
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global X-ray Fluorescence (XRF) Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. X-ray Fluorescence (XRF) Market Size and Volume Forecast by Application
      6.3.1. Cement
      6.3.2. Mining & Metals
      6.3.3. Petroleum
      6.3.4. Chemicals
      6.3.5. Environmental
      6.3.6. Food & Pharmaceutical
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global X-ray Fluorescence (XRF) Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. X-ray Fluorescence (XRF) Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global X-ray Fluorescence (XRF) Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. X-ray Fluorescence (XRF) Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global X-ray Fluorescence (XRF) Demand Share Forecast, 2019-2029

9. North America X-ray Fluorescence (XRF) Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America X-ray Fluorescence (XRF) Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America X-ray Fluorescence (XRF) Market Size and Volume Forecast by Application
      9.4.1. Cement
      9.4.2. Mining & Metals
      9.4.3. Petroleum
      9.4.4. Chemicals
      9.4.5. Environmental
      9.4.6. Food & Pharmaceutical
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America X-ray Fluorescence (XRF) Market Size and Volume Forecast by Type
      9.7.1. Handheld
      9.7.2. Desktop
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America X-ray Fluorescence (XRF) Demand Share Forecast, 2019-2029

10. Latin America X-ray Fluorescence (XRF) Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America X-ray Fluorescence (XRF) Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America X-ray Fluorescence (XRF) Market Size and Volume Forecast by Application
      10.4.1. Cement
      10.4.2. Mining & Metals
      10.4.3. Petroleum
      10.4.4. Chemicals
      10.4.5. Environmental
      10.4.6. Food & Pharmaceutical
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America X-ray Fluorescence (XRF) Market Size and Volume Forecast by Type
      10.7.1. Handheld
      10.7.2. Desktop
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America X-ray Fluorescence (XRF) Demand Share Forecast, 2019-2029

11. Europe X-ray Fluorescence (XRF) Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe X-ray Fluorescence (XRF) Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe X-ray Fluorescence (XRF) Market Size and Volume Forecast by Application
      11.4.1. Cement
      11.4.2. Mining & Metals
      11.4.3. Petroleum
      11.4.4. Chemicals
      11.4.5. Environmental
      11.4.6. Food & Pharmaceutical
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe X-ray Fluorescence (XRF) Market Size and Volume Forecast by Type
      11.7.1. Handheld
      11.7.2. Desktop
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe X-ray Fluorescence (XRF) Demand Share, 2019-2029

12. Asia Pacific X-ray Fluorescence (XRF) Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific X-ray Fluorescence (XRF) Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific X-ray Fluorescence (XRF) Market Size and Volume Forecast by Application
      12.4.1. Cement
      12.4.2. Mining & Metals
      12.4.3. Petroleum
      12.4.4. Chemicals
      12.4.5. Environmental
      12.4.6. Food & Pharmaceutical
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific X-ray Fluorescence (XRF) Market Size and Volume Forecast by Type
      12.7.1. Handheld
      12.7.2. Desktop
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific X-ray Fluorescence (XRF) Demand Share, 2019-2029

13. Middle East & Africa X-ray Fluorescence (XRF) Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa X-ray Fluorescence (XRF) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa X-ray Fluorescence (XRF) Market Size and Volume Forecast by Application
      13.4.1. Cement
      13.4.2. Mining & Metals
      13.4.3. Petroleum
      13.4.4. Chemicals
      13.4.5. Environmental
      13.4.6. Food & Pharmaceutical
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa X-ray Fluorescence (XRF) Market Size and Volume Forecast by Type
      13.7.1. Handheld
      13.7.2. Desktop
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa X-ray Fluorescence (XRF) Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global X-ray Fluorescence (XRF) Market: Market Share Analysis
   14.2. X-ray Fluorescence (XRF) Distributors and Customers
   14.3. X-ray Fluorescence (XRF) Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Bourevestnik Overview Financials Developments Strategic Outlook
      14.4.2. Bruker Overview Financials Developments Strategic Outlook
      14.4.3. BSI Overview Financials Developments Strategic Outlook
      14.4.4. DFMC Overview Financials Developments Strategic Outlook
      14.4.5. Elvatech Overview Financials Developments Strategic Outlook
      14.4.6. Helmut Fischer Overview Financials Developments Strategic Outlook
      14.4.7. Hitachi Overview Financials Developments Strategic Outlook
      14.4.8. Horiba Overview Financials Developments Strategic Outlook
      14.4.9. Jingpu Overview Financials Developments Strategic Outlook
      14.4.10. LANScientific Overview Financials Developments Strategic Outlook
      14.4.11. Olympus Overview Financials Developments Strategic Outlook
      14.4.12. Oxford Instrument Overview Financials Developments Strategic Outlook
      14.4.13. PANalytical Overview Financials Developments Strategic Outlook
      14.4.14. PERSEE Overview Financials Developments Strategic Outlook
      14.4.15. Polywis Overview Financials Developments Strategic Outlook
      14.4.16. Rigaku Overview Financials Developments Strategic Outlook
      14.4.17. Shimadzu Overview Financials Developments Strategic Outlook
      14.4.18. Skyray Instrument Overview Financials Developments Strategic Outlook
      14.4.19. Spectro Overview Financials Developments Strategic Outlook
      14.4.20. Thermo Fisher Overview Financials Developments Strategic Outlook

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