Global XPS (X-ray photoelectron spectroscopy) market is
expected to reach USD 712.4 million by 2022, according to a new study by Grand
View Research Inc. Growing application of XPS technology in different
industries such as healthcare, semi conductors, aerospace, automotives, and
electronics along with rising demand for research and development across all
these industries is expected to drive the XPS market over the forecast period.
In addition, rising popularity of hyphenated technologies and other technological
advancements such as hard X-ray photoelectron spectroscopy (HAXPES) has
prompted the growth of the X-ray photoelectron spectroscopy market. The ability
of XPS to accurately identify contamination in the provided sample is also
expected to contribute towards boosting usage rates.
Rising demand for XPS technique for drug safety and
medical research is expected to serve the market as a future growth
opportunity. Presence of supportive government initiatives such as the “Safe
Use Initiative” by FDA and “Drug Safety Information Survey” introduced by
Health Canada for creating awareness regarding medical research and development
are some notable examples likely to provide manufacturers with lucrative growth
opportunities.
In depth research report on X-Ray Photoelectron Spectroscopy Market
Further key findings from the study
suggest:
·
Element detection is
identified as the most lucrative usage segment of the XPS market. Growing
demand for hyphenated technologies, presence of extensive R&D conducted by
pharmaceutical, semiconductors, electronics, and biotechnological companies are
some factors expected to drive segment growth
·
Contamination detection
is also expected to gain significant market share over the forecast period
owing to its growing demand in applications involving drug safety and semi
conductors.
·
North America accounted
for a share of over 40.0% in 2014 majorly on account of the presence of high
demand for technologically advanced systems. Rising awareness levels of
patients regarding their health, food and environment is also expected to boost
regional market growth.
·
Asia Pacific is
identified as the fastest growing regional market. Presence of large unmet
needs, introduction of suitable government initiatives to increase awareness
levels and improving business environments in emerging economies such as China
and India are some factors attributing to the region’s high market
attractiveness.
·
Key players of this
market include Thermo Fisher Scientific, Kratos Analytical, V G Scienta, Evans
Analytical Group, Intertek, Yokogawa, Kett and Mitsubishi Electric.
·
Industry rivalry levels
of the XPS market is expected to remain at a moderate level over the forecast
period. Market players also engage in acquisition and consolidation exercises
in an attempt to enhance product portfolio and geographic presence.
Grand View Research has segmented the global XPS market on
the basis of usage, application and region:
Global XPS Usage Outlook (Revenue, USD Million, 2012 - 2022)
·
Element Detection
·
Contamination Detection
·
Density Estimation
·
Empirical Formula
Determination
Global XPS Application Outlook
(Revenue, USD Million, 2012 - 2022)
·
Healthcare
·
Semiconductors
·
Electronics
·
Aerospace
·
Automotives
·
Others
Global XPS Healthcare Application
Outlook (Revenue, USD Million, 2012 - 2022)
·
Printing
·
Packaging
·
Others
XPS Regional Outlook (Market Revenue
in USD Million, 2012 - 2022)
·
North America
o U.S
o Canada
·
Europe
o UK
o Germany
o France
o Rest of Europe
·
Asia Pacific
o Japan
o China
o India
o Rest of Asia Pacific
·
Latin America
o Brazil
o Mexico
o Rest of Latin America
·
Middle East and Africa
o South Africa
o Rest of Middle East and Africa
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About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
For more market analysis reports, please visit: http://www.grandviewresearch.com/
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