Global Ultraviolet (UV) Analyzers Market to Reach $2 Billion by 2030
The global market for Ultraviolet (UV) Analyzers estimated at US$1.4 Billion in the year 2023, is expected to reach US$2 Billion by 2030, growing at a CAGR of 5.4% over the period 2023-2030. GasApplication, one of the segments analyzed in the report, is expected to record 5.6% CAGR and reach US$1.2 Billion by the end of the analysis period. Growth in the Liquid Application segment is estimated at 5.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $373 Million, While China is Forecast to Grow at 8.1% CAGR
The Ultraviolet (UV) Analyzers market in the U.S. is estimated at US$373 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$454.8 Million by the year 2030 trailing a CAGR of 8.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 5.1% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.
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