Xps (X-Ray Photoelectron Spectroscopy) Market Analysis and Forecast 2015

Global XPS (X-ray photoelectron spectroscopy) market is expected to reach USD 712.4 million by 2022. 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.

Browse Detail Report With TOC @ XPS (X-ray Photoelectron Spectroscopy)

Further key findings from the study suggest:

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...