Global X-ray Fluorescence (XRF) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global X-ray Fluorescence (XRF) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

X-ray Fluorescence (XRF) refers X-ray fluorescence spectrometer, it 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). However, an XRF cannot generally make analyses at the small spot sizes typical of EPMA work (2-5 microns), so it is typically used for bulk analyses of larger fractions of geological materials. The relative ease and low cost of sample preparation, and the stability and ease of use of x-ray spectrometers make this one of the most widely used methods for analysis of major and trace elements in rocks, minerals, and sediment.

According to our (Global Info Research) latest study, the global X-ray Fluorescence (XRF) market size was valued at US$ 802 million in 2023 and is forecast to a readjusted size of USD 1102 million by 2030 with a CAGR of 4.7% during review period.

The major players in global X-ray Fluorescence (XRF) market include SPECTRO, BRUKER, Thermo Scientific, etc. The top 3 players occupy about 40% shares of the global market. Asia-Pacific and Europe are main markets, they occupy about 60% of the global market. Portable X-ray Fluorescence is the main type, with a share about 40%. Metallurgical Industry and Mining Industry are main applications, which hold a share over 50%.

This report is a detailed and comprehensive analysis for global X-ray Fluorescence (XRF) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global X-ray Fluorescence (XRF) market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global X-ray Fluorescence (XRF) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global X-ray Fluorescence (XRF) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global X-ray Fluorescence (XRF) market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for X-ray Fluorescence (XRF)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global X-ray Fluorescence (XRF) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SPECTRO, Shimadzu, BRUKER, Thermo Scientific, HORIBA, Olympus Innov-X, Hitachi-Hightech, Oxford-Instruments, BSI, Panalytical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

X-ray Fluorescence (XRF) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Handheld X-ray Fluorescence
Portable X-ray Fluorescence
Lab X-ray Fluorescence

Market segment by Application
Metallurgical
Mining
Petroleum
Cement
Others

Major players covered
SPECTRO
Shimadzu
BRUKER
Thermo Scientific
HORIBA
Olympus Innov-X
Hitachi-Hightech
Oxford-Instruments
BSI
Panalytical
AppliTek
Seiko Instruments
Jiangsu Skyray Instrument
DFMC
LAN Scientific
EWAI
Cfantek
Beijing Anchor Wisdom Technology

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe X-ray Fluorescence (XRF) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of X-ray Fluorescence (XRF), with price, sales quantity, revenue, and global market share of X-ray Fluorescence (XRF) from 2019 to 2024.

Chapter 3, the X-ray Fluorescence (XRF) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the X-ray Fluorescence (XRF) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and X-ray Fluorescence (XRF) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of X-ray Fluorescence (XRF).

Chapter 14 and 15, to describe X-ray Fluorescence (XRF) sales channel, distributors, customers, research findings and conclusion.