July 22, 2022
According to the research report titled ‘Global EDS, WDS, EBSD, Micro-XRF Instruments Market Size study, By Product (Energy Dispersive Spectroscopy (EDS), Wavelength Dispersive Spectroscopy (WDS), Electron Backscatter Diffraction (EBSD), Micro X-Ray Fluorescence (Micro-XRF)), By Application (Semiconductors, Oil and Gas, Pharmaceuticals and Biotechnology, Manufacturing, Others), and Regional Forecasts 2022-2028’, available with MarketStudyReport, global EDS, WDS, EBSD, micro-XRF instruments market was worth USD 567.63 million in 2021 and is anticipated to record a CAGR of 5.47% over the stipulated timeframe to amass USD 824.08 million by the year 2028.
Credible estimates cite that booming aerospace, semiconductor, and automotive industries, rising technological advancements, and emergence as well as subsequent popularity of nanotechnology are the major growth determinants for global EDS, WDS, EBSD, micro-XRF instruments market.
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For the record, Electron Backscatter Diffraction (EBSD), Wavelength-dispersive X-ray spectroscopy (WDS), Energy Dispersive Spectroscopy (EDS), and Micro X-ray Fluorescence are the major components of a spectrometer. These analytical tools are used to pinpoint the characteristics of materials by monitoring electromagnetic spectra emissions and absorption.
Furthermore, development of emerging economies and flourishing healthcare sector are expected to augment industry outlook in the coming years. However, lack of skilled personnel, and dearly initial investment may stifle market growth over the analysis timeframe.
Based on product terrain, the industry is divided into micro x-ray fluorescence, electron backscatter diffraction, wavelength dispersive spectroscopy, and energy dispersive spectroscopy.
In terms of application ambit, worldwide EDS, WDS, EBSD, micro-XRF instruments market is branched into manufacturing, pharmaceuticals & biotechnology, oil & gas, semiconductors, and others.
Regionally, North America market holds a major revenue share at present, owing increasing product applications across various industries, and the presence of the top players in the region.
Whereas Asia Pacific industry is slated to progress with a healthy CAGR over the analysis timeframe, due to ongoing technological advancements, and increasing industrialization in the region.
Horiba Ltd., IXRF Systems, Inc., Rigaku Corporation, Shimadzu Corporation, FEI Company, JEOL Ltd., Thermo Fisher Scientific, Inc., Bruker Corporation, AMETEK, Inc., and Oxford Instruments plc are the leading players in global EDS, WDS, EBSD, micro-XRF instruments market.