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 XPS (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
·
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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