Saudi Arabia Laser-induced Breakdown Spectroscopy Market Size & Outlook
Saudi Arabia laser-induced breakdown spectroscopy market, 2018-2030 (US$M)
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Saudi Arabia laser-induced breakdown spectroscopy market highlights
- The Saudi Arabia laser-induced breakdown spectroscopy market generated a revenue of USD 2.0 million in 2023 and is expected to reach USD 3.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, handheld was the largest revenue generating product in 2023.
- Handheld is the most lucrative product segment registering the fastest growth during the forecast period.
Laser-induced breakdown spectroscopy market data book summary
| Market revenue in 2023 | USD 2.0 million |
| Market revenue in 2030 | USD 3.0 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Handheld |
| Fastest growing segment | Handheld |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Handheld, Desktop |
| Key market players worldwide | Thermo Fisher Scientific Inc, Hitachi Ltd, Rigaku, SciAps, TSI Incorporated, Princeton Instruments, Avante Corp, Metrohm, Applied Spectra, SECOPTA |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.7% of the global laser-induced breakdown spectroscopy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia laser-induced breakdown spectroscopy market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.4 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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Saudi Arabia 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 65% in 2023. Horizon Databook has segmented the Saudi Arabia laser-induced breakdown spectroscopy market based on handheld, desktop covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Saudi Arabia laser-induced breakdown spectroscopy market databook
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Our clientele includes a mix of laser-induced breakdown spectroscopy market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia laser-induced breakdown spectroscopy market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia laser-induced breakdown spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia laser-induced breakdown spectroscopy market size, by product, 2018-2030 (US$M)
Saudi Arabia Laser-induced Breakdown Spectroscopy Market Outlook Share, 2023 & 2030 (US$M)
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