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EDS, WDS, EBSD, Micro-XRF Instruments Market Size And Forecast
EDS, WDS, EBSD, Micro-XRF Instruments Market size was valued at USD 650 Million in 2023 and is projected to reach USD 1075 Million by 2030, growing at a CAGR of 6.5% during the forecast period 2024-2030.
Increasing technological developments and medical requirements simultaneously increase with expanding prevalence of chronic diseases and disorders all over the globe. The Global EDS, WDS, EBSD, Micro-XRF Instruments Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global EDS, WDS, EBSD, Micro-XRF Instruments Market Definition
Electron backscatter diffraction is a scanning electron microscope–based microstructural-crystallographic characterization technique commonly used in the study of crystalline or polycrystalline materials. The technique can provide information about the structure, crystal orientation , phase, or strain in the material. EDS analysis is also called energy dispersive X-ray analysis or energy dispersive X-ray microanalysis. It is an analytical technique used for the elemental analysis or chemical characterization of a sample. It relies on an interaction of some source of X-ray excitation and a sample. Its characterization capabilities are due in large part to the fundamental principle that each element has a unique atomic structure allowing a unique set of peaks on its X-ray emission spectrum.
Wavelength-dispersive X-ray spectroscopy (WDXS or WDS) is a non-destructive analysis technique used to obtain elemental information about a range of materials by measuring characteristic x-rays within a small wavelength range. The technique generates a spectrum in which the peaks correspond to specific x-ray lines and elements can be easily identified. WDS is primarily used in chemical analysis, wavelength dispersive X-ray fluorescence (WDXRF) spectrometry , electron microprobes, scanning electron microscopes, and high precision experiments for testing atomic and plasma physics. An X-ray fluorescence (XRF) spectrometer is an x-ray instrument used for routine, relatively non-destructive chemical analyses of rocks, minerals, sediments and fluids. It works on wavelength-dispersive spectroscopic principles that are similar to an electron microprobe (EPMA).
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Global EDS, WDS, EBSD, Micro-XRF Instruments Market Overview
The major factor boosting EDS, WDS, EBSD, Micro-XRF Instruments market is rising competition in the process analytical instrumentation market, intra – industry competition, and increasing new entrants in the market. The EDS, WDS, EBSD, Micro-XRF Instruments market is consolidated market with significant market occupied by major companies. The EDS, WDS, EBSD, Micro-XRF Instruments market experiencing heavy consolidation due to increase in inorganic growth activities like mergers and acquisitions. However, declining prices due to increasing competition has impacting heavily on vendor’s margin. Thus, most of the players adopted strategy of increasing research activities in order to develop novel product in the EDS, WDS, EBSD, Micro-XRF Instruments market. The EDS, WDS, EBSD, and micro-XRF instruments market has recorded continuous growth annually.
Moreover, factors which includes rising demand for nanotechnology, growing semiconductors industry, rising demand for automobiles and technological advancements are driving the growth of EDS, WDS, EBSD, and micro-XRF instruments market. Other than life science industry, semiconductor sector is experiencing a vigorous growth across the world. According to Semiconductor Industry Association and World Semiconductor Trade Statistics Organization, EDS, WDS, EBSD, and micro-XRF instruments has fostered the semiconductor sector due to its high precision analysis.
However, increasing cost of instruments and lack of skilled personnel are the key factors retarding the growth of EDS, WDS, EBSD, and micro-XRF instruments market. In addition, innovation of new technology such as sensors, and new digital systems will create lucrative opportunities for the market.
Global EDS, WDS, EBSD, Micro-XRF Instruments Market Segmentation Analysis
The Global EDS, WDS, EBSD, Micro-XRF Instruments Market is Segmented on the basis of Product, Applications, and Geography.
EDS, WDS, EBSD, Micro-XRF Instruments Market, By Product
- Energy Dispersive Spectroscopy (EDS)
- Wavelength Dispersive Spectroscopy (WDS)
- Electron Backscatter Diffraction (EBSD)
- Micro X-Ray Fluorescence (Micro-XRF)
Based on Product, the market is bifurcated into Energy Dispersive Spectroscopy (EDS), Wavelength Dispersive Spectroscopy (WDS), Electron Backscatter Diffraction (EBSD), and Micro X-Ray Fluorescence (Micro-XRF). The EDS segment accounted for a major share of the market.
EDS, WDS, EBSD, Micro-XRF Instruments Market, By Application
- Semiconductors
- Oil and Gas
- Pharmaceuticals and Biotechnology
- Manufacturing
- Others
Based on Applications, the market is bifurcated into Semiconductors, Oil and Gas, Pharmaceuticals and Biotechnology, Manufacturing, and Others. The semiconductors application accounted for a major share of the EDS market, by application, in 2019; whereas, the oil and gas dominated the WDS market, by application, in 2019. The manufacturing application accounted for the largest share of the micro-XRF market, by application, in 2019.
EDS, WDS, EBSD, Micro-XRF Instruments Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, the Global EDS, WDS, EBSD, Micro-XRF Instruments Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The Asia Pacific market is projected to grow phenomenally at significant CAGR in the forecasted period. Moreover, the increasing spectroscopy application in various industries has led for the increasing adoption of EDS, WDS, EBSD, and Micro-XRF instruments. Globally, the manufacturers of EDS, WDS, EBSD, and Micro-XRF instruments market have implemented the new strategies and technology advancements such as use of latest technology by using sensors and new digital systems.
Key Players
The “Global EDS, WDS, EBSD, Micro-XRF Instruments Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Oxford Instruments plc (U.K.), AMETEK, Inc. (U.S.), Bruker Corporation (U.S.), Thermo Fisher Scientific, Inc. (U.S.), JEOL Ltd. (Japan), FEI Company (U.S.), Shimadzu Corporation (Japan), Rigaku Corporation (Japan), IXRF Systems, Inc. (the U.S.)
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Global EDS, WDS, EBSD, Micro-XRF Instruments Market Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD |
2020-2030 |
| BASE YEAR |
2023 |
| FORECAST PERIOD |
2024-2030 |
| HISTORICAL PERIOD |
2020-2022 |
| UNIT |
Value (USD Million) |
| KEY COMPANIES PROFILED |
Oxford Instruments plc (U.K.), AMETEK, Inc. (U.S.), Bruker Corporation (U.S., Thermo Fisher Scientific, Inc. (U.S.), JEOL Ltd. (Japan), FEI Company (U.S.), Shimadzu Corporation (Japan), Rigaku Corporation (Japan), IXRF Systems, Inc. (the U.S.) |
| SEGMENTS COVERED |
|
| CUSTOMIZATION SCOPE |
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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