Global Laser-induced Breakdown Spectroscopy Market Size & Outlook
Global laser-induced breakdown spectroscopy market, 2018-2030 (US$M)
Related Markets
Global laser-induced breakdown spectroscopy market highlights
- The global laser-induced breakdown spectroscopy market generated a revenue of USD 285.3 million in 2023 and is expected to reach USD 434.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.2% by 2030.
- In terms of segment, handheld accounted for a revenue of USD 177.4 million in 2023.
- Handheld is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 285.3 million |
| Market revenue in 2030 | USD 434.7 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Handheld |
| Fastest growing segment | Handheld |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Handheld, Desktop |
Other key industry trends
- In terms of revenue, the North America accounted for 45.0% of the global laser-induced breakdown spectroscopy market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 2.9 million by 2030.
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Laser-induced Breakdown Spectroscopy Market Scope
Laser-induced Breakdown Spectroscopy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global laser-induced breakdown spectroscopy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laser-induced breakdown spectroscopy market will help companies and investors design strategic landscapes.
Handheld was the largest segment with a revenue share of 62.18% in 2023. Horizon Databook has segmented the Global laser-induced breakdown spectroscopy market based on handheld, desktop covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Laser-induced Breakdown Spectroscopy Product Outlook (Revenue, USD Million, 2018-2030)
- Handheld
- Desktop
- Global Laser-induced Breakdown Spectroscopy End Use Outlook (Revenue, USD Million, 2018-2030)
- Academic and Research Institutes
- Pharmaceuticals and biotechnology companies
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global laser-induced breakdown spectroscopy market , including forecasts for subscribers. This global databook contains high-level insights into Global laser-induced breakdown spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global laser-induced breakdown spectroscopy market size, by regions, 2018-2030 (US$M)
Top 10 countries: Laser-induced breakdown spectroscopy market size, 2023 (US$M)
Global laser-induced breakdown spectroscopy market share, by product, 2023 & 2030 (%, US$M)
Laser-induced breakdown spectroscopy market: Opportunity assessment by country
Global laser-induced breakdown spectroscopy market, by region, 2023 (US$M)
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