South Africa Laser-induced Breakdown Spectroscopy Market Size & Outlook
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South Africa laser-induced breakdown spectroscopy market highlights
- The South Africa laser-induced breakdown spectroscopy market generated a revenue of USD 2.2 million in 2023 and is expected to reach USD 2.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, handheld was the largest revenue generating product in 2023.
- Handheld is the most lucrative product segment registering the fastest growth during the forecast period.
Laser-induced breakdown spectroscopy market data book summary
| Market revenue in 2023 | USD 2.2 million |
| Market revenue in 2030 | USD 2.9 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Handheld |
| Fastest growing segment | Handheld |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Handheld, Desktop |
| Key market players worldwide | Thermo Fisher Scientific Inc, Hitachi Ltd, Rigaku, SciAps, TSI Incorporated, Princeton Instruments, Avante Corp, Metrohm, Applied Spectra, SECOPTA |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.8% of the global laser-induced breakdown spectroscopy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia laser-induced breakdown spectroscopy market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.4 million by 2030.
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Laser-induced Breakdown Spectroscopy Market Scope
Laser-induced Breakdown Spectroscopy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SECOPTA | View profile | 11-50 | Berlin, Berlin, Germany, Europe | http://www.secopta.de/ |
| Applied Spectra | View profile | 11-50 | West Sacramento, California, United States, North America | https://www.appliedspectra.com/ |
| Metrohm | View profile | 1001-5000 | Herisau, Ausser-Rhoden, Switzerland, Europe | https://www.metrohm.com |
| Avante Corp | View profile | 1852 | 1959 Leslie Street, Toronto, ON, Canada, M3B 2M3 | https://www.avantelogixx.com |
| Princeton Instruments | View profile | 101-250 | Trenton, New Jersey, United States, North America | http://princetoninstruments.com |
| TSI Incorporated | View profile | 501-1000 | Minnesota City, Minnesota, United States, North America | http://www.tsi.com |
| SciAps | View profile | 101-250 | Woburn, Massachusetts, United States, North America | http://sciaps.com |
| Rigaku | View profile | 501-1000 | Akishima, Tokyo, Japan, Asia | https://japan.rigaku.com/ja |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
South Africa laser-induced breakdown spectroscopy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laser-induced breakdown spectroscopy market will help companies and investors design strategic landscapes.
Handheld was the largest segment with a revenue share of 59.09% in 2023. Horizon Databook has segmented the South Africa laser-induced breakdown spectroscopy market based on handheld, desktop covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa laser-induced breakdown spectroscopy market , including forecasts for subscribers. This country databook contains high-level insights into South Africa laser-induced breakdown spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa laser-induced breakdown spectroscopy market size, by product, 2018-2030 (US$M)
South Africa Laser-induced Breakdown Spectroscopy Market Outlook Share, 2023 & 2030 (US$M)
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