UK Laser-induced Breakdown Spectroscopy Market Size & Outlook

The laser-induced breakdown spectroscopy market in UK is expected to reach a projected revenue of US$ 28.1 million by 2030. A compound annual growth rate of 7.3% is expected of UK laser-induced breakdown spectroscopy market from 2024 to 2030.
Revenue, 2023 (US$M)
$17.1
Forecast, 2030 (US$M)
$28.1
CAGR, 2024 - 2030
7.4%
Report Coverage
UK

UK laser-induced breakdown spectroscopy market highlights

  • The UK laser-induced breakdown spectroscopy market generated a revenue of USD 17.1 million in 2023 and is expected to reach USD 28.1 million by 2030.
  • The UK market is expected to grow at a CAGR of 7.3% 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 2023USD 17.1 million
Market revenue in 2030USD 28.1 million
Growth rate7.3% (CAGR from 2023 to 2030)
Largest segmentHandheld
Fastest growing segmentHandheld
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHandheld, Desktop
Key market players worldwideThermo 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, UK accounted for 6.0% 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 Europe, Germany laser-induced breakdown spectroscopy market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 28.1 million by 2030.

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Laser-induced Breakdown Spectroscopy Market Companies

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UK 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 61.99% in 2023. Horizon Databook has segmented the UK 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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Horizon Databook provides a detailed overview of country-level data and insights on the UK laser-induced breakdown spectroscopy market , including forecasts for subscribers. This country databook contains high-level insights into UK laser-induced breakdown spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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UK laser-induced breakdown spectroscopy market size, by product, 2018-2030 (US$M)

UK Laser-induced Breakdown Spectroscopy Market Outlook Share, 2023 & 2030 (US$M)

UK laser-induced breakdown spectroscopy market size, by product, 2018-2030 (US$M)

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