Europe Process Spectroscopy Market Size & Outlook
Europe process spectroscopy market, 2017-2030 (US$M)
Related Markets
Europe process spectroscopy market highlights
- The Europe process spectroscopy market generated a revenue of USD 4,565.7 million in 2022.
- The market is expected to grow at a CAGR of 9.9% from 2023 to 2030.
- In terms of segment, molecular was the largest revenue generating technology in 2022.
- Mass is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 4,565.7 million |
| Market revenue in 2030 | USD 9,712.9 million |
| Growth rate | 9.9% (CAGR from 2022 to 2030) |
| Largest segment | Molecular |
| Fastest growing segment | Mass |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Molecular, Mass, Atomic |
| Key market players worldwide | ABB Ltd, Agilent Technologies Inc, Bruker Corp, BUCHI Corporation, Danaher Corp, Horiba Ltd, Sartorius AG, Shimadzu Corp, Thermo Fisher Scientific Inc, Yokogawa Electric Corp., FOSS Analytical, Endress+Hauser Group |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.2% of the global process spectroscopy market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,399.1 million by 2030.
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Process Spectroscopy Market Scope
Process Spectroscopy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe process 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 process spectroscopy market will help companies and investors design strategic landscapes.
Molecular was the largest segment with a revenue share of 45.08% in 2022. Horizon Databook has segmented the Europe process spectroscopy market based on molecular, mass, atomic covering the revenue growth of each sub-segment from 2017 to 2030.
The pharma market players in the region are focusing on a high-performance nuclear magnetic resonance (NMR) spectroscopy for proteomics, structural biology, phenomics and nontargeted spatialomics.
Moreover, growing usage of spectroscopy in various applications such as applied food quality, authenticity and safety; drug discovery, development, and pharma Process Analytical Technology (PAT); and forensics is expected to drive the market in the region.
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Target buyers of Europe process spectroscopy market databook
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Our clientele includes a mix of process spectroscopy market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe process spectroscopy market , including forecasts for subscribers. This continent databook contains high-level insights into Europe process spectroscopy market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe process spectroscopy market size, by country, 2017-2030 (US$M)
Europe Process Spectroscopy Market Outlook Share, 2022 & 2030 (US$M)
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