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.
Browse full report by Grand View
Research :
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.
Browse
more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices
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
View press
release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-xps-market
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, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more
information: www.grandviewresearch.com
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