Global Portable Gas Chromatographs Market to Reach $2.3 Billion by 2030
The global market for Portable Gas Chromatographs estimated at US$1.5 Billion in the year 2023, is expected to reach US$2.3 Billion by 2030, growing at a CAGR of 6% over the analysis period 2023-2030. Portable GC Systems, one of the segments analyzed in the report, is expected to record a 6.3% CAGR and reach US$1 Billion by the end of the analysis period. Growth in the Portable GC Detectors segment is estimated at 5.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $404.7 Million, While China is Forecast to Grow at 9.3% CAGR
The Portable Gas Chromatographs market in the U.S. is estimated at US$404.7 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$544.1 Million by the year 2030 trailing a CAGR of 9.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 4.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$329.2 Million by the year 2030.
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