Global XRD Market Growth 2023-2029

Global XRD Market Growth 2023-2029

X-ray Diffraction Instrument or X-ray Diffractometer (XRD) is a laboratory-based technique commonly used for identification of crystalline materials and analysis of unit cell dimensions. One of two primary types of XRD analysis (X-ray powder diffraction and single-crystal XRD) is commonly applied to samples to obtain specific information about the crystalline material under investigation. X-ray powder diffraction is widely used in geology, environmental science, material science, and engineering to rapidly identify unknown crystalline substances (typically in less than 20 minutes). A pure, finely ground, and homogenized sample is required for determination of the bulk composition. Additional uses include detailed characterization of crystalline samples, determination of unit cell dimensions, and quantitative determination of modal amounts of minerals in a sample. X-ray powder diffraction can also be applied to the identification of fine-grained minerals.

LPI (LP Information)' newest research report, the “XRD Industry Forecast” looks at past sales and reviews total world XRD sales in 2022, providing a comprehensive analysis by region and market sector of projected XRD sales for 2023 through 2029. With XRD sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world XRD industry.

This Insight Report provides a comprehensive analysis of the global XRD landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on XRD portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global XRD market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for XRD and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global XRD.

The global XRD market size is projected to grow from US$ 681.8 million in 2022 to US$ 868.5 million in 2029; it is expected to grow at a CAGR of 868.5 from 2023 to 2029.

Global key players of XRD include Rigaku, Bruker, PANalytical, Shimadzu, Thermo Fisher, etc. The top three players hold a share over 60%. Asia-Pacific is the largest market, has a share about 43%, followed by Europe and North America, with share 25% and 20%, separately. In terms of product type, Powder XRD is the largest segment, occupied for a share of 90%, and in terms of application, Biotech has a share about 30 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of XRD market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Powder XRD
Single-crystal XRD

Segmentation by application
Pharma
Biotech
Chemical
Scientific Research Institutes
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Rigaku
Bruker
PANalytical
Shimadzu
Thermo Fisher
Evident (OLYMPUS)
Bourevestnik, Inc.
Hao Yuan Instrument
Tongda
Persee

Key Questions Addressed in this Report

What is the 10-year outlook for the global XRD market?

What factors are driving XRD market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do XRD market opportunities vary by end market size?

How does XRD break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.