Global Simultaneous-Functionality Analyzers Market to Reach $387.7 Million by 2030
The global market for Simultaneous-Functionality Analyzers estimated at US$276.9 Million in the year 2023, is expected to reach US$387.7 Million by 2030, growing at a CAGR of 4.9% over the analysis period 2023-2030. Chemical & Material Manufacturers End-Use, one of the segments analyzed in the report, is expected to record a 5.6% CAGR and reach US$134.6 Million by the end of the analysis period. Growth in the Pharmaceutical & Biotechnology End-Use segment is estimated at 4.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $73.2 Million, While China is Forecast to Grow at 7.4% CAGR
The Simultaneous-Functionality Analyzers market in the U.S. is estimated at US$73.2 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$84 Million by the year 2030 trailing a CAGR of 7.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$52.5 Million by the year 2030.
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