Global XPS (X-ray photoelectron spectroscopy) market is expected to reach USD 712.4 million by 2022, according to a new study by Grand View Research Inc. Growing application of XPS technology in different industries such as healthcare, semi conductors, aerospace, automotives, and electronics along with rising demand for research and development across all these industries is expected to drive the XPS market over the forecast period. In addition, rising popularity of hyphenated technologies and other technological advancements such as hard X-ray photoelectron spectroscopy (HAXPES) has prompted the growth of the X-ray photoelectron spectroscopy market. The ability of XPS to accurately identify contamination in the provided sample is also expected to contribute towards boosting usage rates.
Rising demand for XPS technique for drug safety and medical research is expected to serve the market as a future growth opportunity. Presence of supportive government initiatives such as the “Safe Use Initiative” by FDA and “Drug Safety Information Survey” introduced by Health Canada for creating awareness regarding medical research and development are some notable examples likely to provide manufacturers with lucrative growth opportunities.
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summary of this report @ http://www.grandviewresearch.com/industry-analysis/xps-market
Further key findings from the study suggest:
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Element detection is identified as the most
lucrative usage segment of the XPS market. Growing demand for hyphenated
technologies, presence of extensive R&D conducted by pharmaceutical,
semiconductors, electronics, and biotechnological companies are some factors
expected to drive segment growth.
·
Contamination detection is also expected to gain
significant market share over the forecast period owing to its growing demand
in applications involving drug safety and semi conductors.
·
North America accounted for a share of over
40.0% in 2014 majorly on account of the presence of high demand for
technologically advanced systems. Rising awareness levels of patients regarding
their health, food and environment is also expected to boost regional market
growth.
·
Asia Pacific is identified as the fastest
growing regional market. Presence of large unmet needs, introduction of
suitable government initiatives to increase awareness levels and improving
business environments in emerging economies such as China and India are some
factors attributing to the region’s high market attractiveness.
·
Key players of this market include Thermo Fisher
Scientific, Kratos Analytical, V G Scienta, Evans Analytical Group, Intertek,
Yokogawa, Kett and Mitsubishi Electric.
·
Industry rivalry levels of the XPS market is
expected to remain at a moderate level over the forecast period. Market players
also engage in acquisition and consolidation exercises in an attempt to enhance
product portfolio and geographic presence.
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more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global XPS market on the basis of usage, application and region:
Global XPS Usage Outlook (Revenue, USD Million, 2012 - 2022)
·
Element Detection
·
Contamination Detection
·
Density Estimation
·
Empirical Formula Determination
Global XPS Application Outlook (Revenue, USD Million, 2012 - 2022)
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Healthcare
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Semiconductors
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Electronics
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Aerospace
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Automotives
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Others
Global XPS Healthcare Application Outlook (Revenue, USD Million,
2012 - 2022)
·
Printing
·
Packaging
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Others
XPS Regional Outlook (Market Revenue in USD Million, 2012 - 2022)
·
North America
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U.S.
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Canada
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Europe
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UK
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Germany
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France
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Rest of Europe
·
Asia Pacific
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Japan
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China
·
India
·
Rest of Asia Pacific
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Latin America
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Brazil
·
Mexico
·
Rest of Latin America
·
Middle East and Africa
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South Africa
·
Rest of Middle East and Africa
For press release of this report - http://www.grandviewresearch.com/press-release/global-xps-market
