Global Optical Emission Spectroscopy Market Size & Outlook
The global optical emission spectroscopy market size was estimated at USD 737.1 million in 2024 and is projected to reach USD 1,072.1 million by 2030, growing at a CAGR of 6.6% from 2025 to 2030.
Revenue, 2024 (US$M)
$737.1
Forecast, 2030 (US$M)
$1,072.1
CAGR, 2025 - 2030
6.6%
Report Coverage
Worldwide
Global optical emission spectroscopy market, 2018-2030 (US$M)
Related Markets
Global optical emission spectroscopy market highlights
- The global optical emission spectroscopy market generated a revenue of USD 737.1 million in 2024 and is expected to reach USD 1,072.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 6.6% by 2030.
- In terms of segment, equipment accounted for a revenue of USD 477.8 million in 2024.
- Services is the most lucrative offering segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 737.1 million |
| Market revenue in 2030 | USD 1,072.1 million |
| Growth rate | 6.6% (CAGR from 2025 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, Equipment |
Other key industry trends
- In terms of revenue, the North America accounted for 45.3% of the global optical emission spectroscopy market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 53.2 million by 2030.
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Optical Emission Spectroscopy Market Scope
Optical emission spectroscopy market segmentation & scope
Others
Optical Emission Spectroscopy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| HORIBA | View profile | 5001-10000 | Kyoto, Kyoto, Japan, Asia | https://www.horiba.com/en_en/ |
| Anritsu Corp | View profile | 4633 | 5-1-1 Onna, Atsugi-shi, Kanagawa, Japan, 243-8555 | http://www.anritsu.com |
| Spectro Analytical Instruments Inc. | View profile | 251-500 | Mahwah, New Jersey, United States, North America | http://www.spectro.com |
| Jeol Ltd | View profile | 3351 | 1-2, Musashino 3-chome, Akishima, Tokyo, Japan, 196-8558 | http://www.jeol.co.jp |
| Rigaku | View profile | 501-1000 | Akishima, Tokyo, Japan, Asia | https://japan.rigaku.com/ja |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Bruker Corp | View profile | 9707 | 40 Manning Road, Billerica, MA, United States, 01821 | https://www.bruker.com |
| Agilent Technologies Inc | View profile | 17700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | https://www.agilent.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Shimadzu Corp | View profile | 15284 | 1, Nishinokyo-Kuwabara-cho, Nakagyo-ku, Kyoto, Japan, 604-8511 | http://www.shimadzu.com |
Global optical emission spectroscopy market size, by regions, 2018-2030 (US$M)
Top 10 countries: Optical emission spectroscopy market size, 2024 (US$M)
Global optical emission spectroscopy market share, by offering, 2024 & 2030 (%, US$M)
Optical emission spectroscopy market: Opportunity assessment by country
Global optical emission spectroscopy market, by region, 2024 (US$M)
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