Norway Nuclear Magnetic Resonance Spectroscopy Market Size & Outlook
Norway nuclear magnetic resonance spectroscopy market, 2018-2030 (US$M)
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Norway nuclear magnetic resonance spectroscopy market highlights
- The Norway nuclear magnetic resonance spectroscopy market generated a revenue of USD 3.7 million in 2023 and is expected to reach USD 5.2 million by 2030.
- The Norway market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, academic was the largest revenue generating end use in 2023.
- Agriculture and Food is the most lucrative end use segment registering the fastest growth during the forecast period.
Nuclear magnetic resonance spectroscopy market data book summary
| Market revenue in 2023 | USD 3.7 million |
| Market revenue in 2030 | USD 5.2 million |
| Growth rate | 5.1% (CAGR from 2024 to 2030) |
| Largest segment | Academic |
| Fastest growing segment | Agriculture and Food |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Academic, Pharmaceutical & Biotech companies, Agriculture and Food, Chemical Industries |
Other key industry trends
- In terms of revenue, Norway accounted for 0.5% of the global nuclear magnetic resonance spectroscopy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany nuclear magnetic resonance spectroscopy market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 71.5 million by 2030.
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Nuclear Magnetic Resonance Spectroscopy Market Scope
Nuclear Magnetic Resonance Spectroscopy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Norway nuclear magnetic resonance 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 nuclear magnetic resonance spectroscopy market will help companies and investors design strategic landscapes.
Academic was the largest segment with a revenue share of 51.35% in 2023. Horizon Databook has segmented the Norway nuclear magnetic resonance spectroscopy market based on academic, pharmaceutical & biotech companies, agriculture and food, chemical industries covering the revenue growth of each sub-segment from 2018 to 2030.
In Norway, there is a significant focus on scientific research and technological advancements, including NMR spectrometry. There is a strong presence of public & private organizations and research centers focusing on NMR spectrometry research.
These institutions have dedicated research groups or departments working on spectroscopy-related projects. Some of the institutions include the Norwegian University of Science and Technology (NTNU), the University of Oslo, SINTEF, and the Institute for Energy Technology (IFE). Key players operating in Norway are continuously innovating in NMR spectrometry.
Furthermore, Norway established national research infrastructures to support advanced scientific research, including NMR spectrometry. For instance, the Norwegian Research Infrastructure for Spectroscopy and Advanced Imaging (NorStruct) provides access to novel equipment and expertise in spectroscopy. Hence, the abovementioned factors are anticipated to support the NMR spectroscopy market in Norway.
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Our clientele includes a mix of nuclear magnetic resonance spectroscopy market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Norway nuclear magnetic resonance spectroscopy market , including forecasts for subscribers. This country databook contains high-level insights into Norway nuclear magnetic resonance spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway nuclear magnetic resonance spectroscopy market size, by end use, 2018-2030 (US$M)
Norway Nuclear Magnetic Resonance Spectroscopy Market Outlook Share, 2023 & 2030 (US$M)
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