Middle East & Africa Process Spectroscopy Market Size & Outlook
Related Markets
MEA process spectroscopy market highlights
- The MEA process spectroscopy market generated a revenue of USD 1,156.9 million in 2024.
- The market is expected to grow at a CAGR of 11.3% from 2025 to 2030.
- In terms of segment, molecular spectroscopy was the largest revenue generating technology in 2024.
- Mass Spectroscopy is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 1,156.9 million |
| Market revenue in 2030 | USD 2,171.4 million |
| Growth rate | 11.3% (CAGR from 2025 to 2030) |
| Largest segment | Molecular spectroscopy |
| Fastest growing segment | Mass Spectroscopy |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Molecular Spectroscopy, Mass Spectroscopy, Atomic Spectroscopy |
| 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, MEA region accounted for 5.1% of the global process spectroscopy market in 2024.
- 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 7,516.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Process Spectroscopy Market Scope
Process Spectroscopy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Endress+Hauser Group | View profile | 10001+ | Greenwood, Indiana, United States, North America | http://www.us.endress.com/en |
| FOSS Analytical | View profile | 1001-5000 | Hillerød, Hovedstaden, Denmark, Europe | https://www.fossanalytics.com/ |
| BUCHI Corporation | View profile | 101-250 | Flawil, Sankt Gallen, Switzerland, Europe | http://buchi.com |
| Yokogawa Electric Corp. | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.yokogawa.com |
| Bruker Corp | View profile | 9707 | 40 Manning Road, Billerica, MA, United States, 01821 | https://www.bruker.com |
| Agilent Technologies Inc | View profile | 17700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | https://www.agilent.com |
| Sartorius AG | View profile | 14338 | Otto-Brenner-Strasse 20, Gottingen, NI, Germany, 37079 | https://www.sartorius.com |
| Horiba Ltd | View profile | 8665 | 2, Miyanohigashi-cho, Kisshoin, Minami-ku, Kyoto, Japan, 601-8510 | http://www.horiba.co.jp |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Shimadzu Corp | View profile | 15284 | 1, Nishinokyo-Kuwabara-cho, Nakagyo-ku, Kyoto, Japan, 604-8511 | http://www.shimadzu.com |
Middle East & Africa 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 spectroscopy was the largest segment with a revenue share of 49.6% in 2024. Horizon Databook has segmented the Middle East & Africa process spectroscopy market based on molecular spectroscopy, mass spectroscopy, atomic spectroscopy covering the revenue growth of each sub-segment from 2018 to 2030.
The process spectroscopy helps the regional oil & gas industry exploit the profitability opportunity of a more comprehensive array of different crudes.
It offers real-time property data for hydrocarbon and enables us to recognize the prospective value contained in each given crude oil stream. It is hence propelling the market in the region.
For instance, Africa Soil Information Service (AfSIS) is using infrared spectroscopy (IR) to analyze gathered soil samples at the sentinel sites. The technology helps in the non-destructive and rapid characterization of various materials based on the interaction of electromagnetic energy with matter.
Reasons to subscribe to Middle East & Africa process spectroscopy market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa process spectroscopy market databook
-
Our clientele includes a mix of process spectroscopy market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Middle East & Africa process spectroscopy market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa process spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA process spectroscopy market size, by country, 2018-2030 (US$M)
Middle East & Africa Process Spectroscopy Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
