According to Future Market Insights research, during the projected period, the global synchrotron instrumentation market is expected to grow at a CAGR of 5.6%. The market value is projected to increase from USD 1.05 Billion in 2023 to USD 1.80 Billion by 2033. The synchrotron instrumentation market was valued at USD 1.00 Billion at the end of 2022 and is anticipated to exhibit Y-o-Y growth of 4.8% in 2023.
Market Outlook:
Data Points | Market Insights |
---|---|
Market Value 2022 | USD 1.00 Billion |
Market Value 2023 | USD 1.05 Billion |
Market Value 2033 | USD 1.80 Billion |
CAGR 2023 to 2033 | 5.6% |
Share of Top 5 Countries | 63.6% |
Key Players | ZEISS; SYNCHROTRON RESEARCH INC.; FMB Oxford Ltd.; Rigaku Corporation; Quantum Design Inc.; TOP-UNISTAR (HK) SCIENCE & TECHNOLOGY CO. LTD.; Shimadzu Corporation; Proto Manufacturing; Agilent Technologies; HUBER Diffraktionstechnik GmbH & Co. KG; DECTRIS AG; Avaco; Rayonix; L.L.C.; AVS. Added Value Solutions; Xenocs; Malvern Panalytical Ltd; Alemnis; JJ X-Ray A/S; Thermofisher Scientific; Edwards Vacuum; and G&H Group. |
Synchrotron instrumentation refers to the specialized equipment and techniques used in synchrotron facilities for scientific research. Synchrotrons are large particle accelerators that produce highly intense and focused beams of electromagnetic radiation, ranging from X-rays to infrared light. These facilities are utilized by scientists from various disciplines, including physics, chemistry, biology, materials science, and medicine, to conduct cutting-edge research.
Beamlines are the primary experimental stations where researchers conduct their experiments. A synchrotron facility typically has multiple beamlines, each dedicated to a specific research area or technique. Beamlines consist of a series of optical elements, such as mirrors, lenses, monochromators, and detectors, which manipulate and measure the synchrotron radiation.
X-ray spectroscopy techniques provide valuable insights into the electronic and chemical properties of materials. Instruments like X-ray absorption spectroscopy (XAS), X-ray emission spectroscopy (XES), and X-ray photoelectron spectroscopy (XPS) are employed to analyze the energy levels and transitions of electrons in a sample. This helps researchers understand the chemical composition, oxidation states, and bonding within materials.
Sales of the synchrotron instrumentation market grew at a CAGR of 3.8% between 2017 to 2022. Synchrotron instrumentation market contributes 0.2% revenue share to the global radiation application market in 2022, which is valued around USD 500.0 Billion in 2022.
Synchrotron facilities and their instrumentation cater to a wide range of scientific disciplines, including materials science, physics, chemistry, biology, environmental science, and more. The increasing emphasis on interdisciplinary research and collaborations between different scientific domains create opportunities for synchrotron instrumentation to be used in diverse applications. This expanded scope drives the demand for versatile and adaptable instruments.
Considering this, FMI expects the global market to grow at a CAGR of 5.6% through the forecasted years.
An increased focus on nanotechnology is projected to increase demand for synchrotron instrumentation as researchers seek for more advanced tools to explore the properties and interactions of nanomaterials at the atomic and molecular level.
Also, growing importance of synchrotron research is driving the development of new and advanced instrumentation technologies. This is because researchers are constantly pushing the limits of what can be achieved using synchrotron facilities, which is driving the need for new and more advanced instrumentation technologies.
As synchrotron research becomes more important in various fields such as materials science, biotechnology, and environmental science, there will be an increase in demand for advanced synchrotron instrumentation to support this research. This will drive the growth of the market.
Strategic partnerships and collaborations can provide access to funding that may not be available to individual companies. This funding can be used to support research and development efforts, as well as the development and commercialization of new technologies. Also, new product launch is also the reason stimulating the market growth.
The high price of synchrotron equipment may restrain the development of the worldwide synchrotron instrumentation industry by limiting innovation, adoption, funding, and affordability. Synchrotron instrumentation can be prohibitively expensive for smaller research institutions or universities. This may restrict the market's size and lower demand for synchrotron equipment.
The high price of synchrotron equipment can restrict researchers' capacity to develop and explore uncharted territory. This may reduce the possibilities for novel uses and scientific advancements that can spur industry expansion. The high price of synchrotron equipment can also result in less financing being available for research programmes that need it.
This can lower the demand for these instruments and lower the number of research programmes that employ synchrotron equipment. Also, the expensive price of synchrotron instrumentation may prevent its use in developing nations or regions with tight research resources. This may reduce the market's potential for expansion and growth.
The USA dominated the global market with value share of around 21.5% in 2022 and is expected to register a CAGR of 5.7% during the forecast period.
Increasing research in the United States is the primary factors accelerating the regional dominance. The research areas and scientific disciplines driving the demand for synchrotron experiments can influence the market. Synchrotron facilities in the USA support a wide range of research fields, including materials science, chemistry, biology, physics, geosciences, environmental science, and more. The demand for synchrotron instrumentation may vary depending on the focus and priorities of these research areas.
Also, upgrades or expansions of existing synchrotron facilities can create opportunities for the market. As facilities aim to enhance their capabilities, they may invest in new instrumentation and technologies, driving demand in the market. For instance, the recent upgrade of the APS to the APS Upgrade (APS-U) project involves the construction of new beamlines and improved capabilities, which can lead to increased demand for instrumentation.
Japan is projected to be the most attractive market in the synchrotron instrumentation after USA with value share of 18.3% in 2022 globally. The Japanese market is an important part of the scientific instrument industry in Japan. Japan is home to the SPring-8 facility, which is one of the world's largest and most advanced synchrotron radiation facilities.
Increasing research and development funding in the region is the main factor to drive the demand of synchrotron instrumentation in the region. The availability and allocation of research funding from government agencies such as the Japan Society for the Promotion of Science (JSPS), the Ministry of Education, Culture, Sports, Science and Technology (MEXT), and other research funding bodies play a significant role in driving the demand for synchrotron instrumentation in Japan.
Germany dominated the European market for synchrotron instrumentation and accounted for around 27.3% of the market share in 2022. Technological development is the main factor stimulating the regional market. Advances in synchrotron instrumentation technology play a crucial role in market growth. Innovations that enhance instrument performance, resolution, data acquisition speed, and ease of use attract researchers and drive adoption.
Also, German manufacturers and research institutes contribute to technological advancements in synchrotron instrumentation.
The optical devices segment held the major chunk of about 75.8% in global market by the end of 2022. Optical devices are largely adopted in synchrotron instrumentation due to their ability to provide high precision, beam conditioning and shaping, excellent energy resolution, versatility, adaptability, and seamless integration with experimental techniques.
These optical components play a crucial role in manipulating and optimizing the synchrotron radiation beam for a wide range of scientific studies and applications. Hence, optical devices are largely adopted product option for synchrotron instrumentation.
The semiconductor research segment held the major chunk of about 16.7% in global market by the end of 2022. Synchrotron radiation sources provide intense and tunable X-rays that can be used to probe the structural, electronic, and optical properties of semiconductor materials.
Researchers can use synchrotron-based techniques such as X-ray diffraction, X-ray absorption spectroscopy, and X-ray photoelectron spectroscopy to investigate the crystal structure, chemical composition, and electronic band structure of semiconductors. This primary use of synchrotron in the various semiconductor research is driving the demand of synchrotron instrumentation in semiconductor research.
The electronic industry segment accounted for revenue share of 18.1% in the global market at the end of 2022. Synchrotron techniques are used in research related to energy storage and conversion devices, such as batteries and fuel cells. These techniques help scientists understand the atomic and electronic structure of electrode materials, interfaces, and reaction mechanisms, leading to the development of improved energy storage materials and more efficient conversion processes.
Also, synchrotron-based techniques aid in studying the characteristics and behavior of semiconductor materials, interfaces, and devices, providing valuable insights that can inform manufacturing processes, materials selection, and device design. Hence, synchrotron instrumentation is widely used by the electronic industry.
The market's major companies are concentrating on diversifying their product offerings to boost their market share in synchrotron instrumentation and to broaden their presence in developing economies. Market strategies, technological developments, conferences, acquisitions, and distribution agreements with other businesses are the main tactics used by manufacturers to obtain a competitive edge in the market.
For instance:
Similarly, recent developments have been tracked by the team at Future Market Insights related to companies in the synchrotron instrumentation market space, which are available in the full report
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2017 to 2022 |
Market Analysis | USD Million for Value |
Key Regions Covered | North America; Europe; Asia Pacific; and the Rest of World |
Key Countries Covered | USA, Canada, Germany, UK, France, Italy, Russia, the Rest of Europe, China, Japan, Australia, Thailand, the Rest of Asia Pacific, and the Rest of the World. |
Key Segments Covered | Product, Application, End Use Industry, and Region |
Key Companies Profiled | ZEISS; SYNCHROTRON RESEARCH INC.; FMB Oxford Ltd.; Rigaku Corporation; Quantum Design Inc.; TOP-UNISTAR (HK) SCIENCE & TECHNOLOGY CO., LTD.; Shimadzu Corporation; Proto Manufacturing; Agilent Technologies; HUBER Diffraktionstechnik GmbH & Co. KG; DECTRIS AG; Avaco; Rayonix, L.L.C.; AVS. Added Value Solutions; Xenocs; Malvern Panalytical Ltd; Alemnis; JJ X-Ray A/S; Thermofisher Scientific; Edwards Vacuum; G&H Group |
Report Coverage | Market Forecast, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
Table 01: Global Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 02: Global Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 03: Global Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 04: Global Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 05: Global Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application
Table 06: Global Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application
Table 07: Global Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use Industry
Table 08: Global Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use Industry
Table 09: Global Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Region
Table 10: Global Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Region
Table 11: North America Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
Table 12: North America Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
Table 13: North America Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 14: North America Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 15: North America Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 16: North America Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 17: North America Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application
Table 18: North America Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application
Table 19: North America Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use Industry
Table 20: North America Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use Industry
Table 21: Europe Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
Table 22: Europe Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
Table 23: Europe Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 24: Europe Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 25: Europe Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 26: Europe Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 27: Europe Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application
Table 28: Europe Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application
Table 29: Europe Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use Industry
Table 30: Europe Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use Industry
Table 31: Asia Pacific Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
Table 32: Asia Pacific Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
Table 33: Asia Pacific Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 34: Asia Pacific Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 35: Asia Pacific Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 36: Asia Pacific Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 37: Asia Pacific Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application
Table 38: Asia Pacific Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application
Table 39: Asia Pacific Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use Industry
Table 40: Asia Pacific Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use Industry
Table 41: Rest of the World Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 42: Rest of the World Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 43: Rest of the World Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 44: Rest of the World Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product
Table 45: Rest of the World Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application
Table 46: Rest of the World Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application
Table 47: Rest of the World Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use Industry
Table 48: Rest of the World Market Size (US$ Million) Analysis 2017 to 2022 and Forecast 2023 to 2033, By End Use Industry
Figure 01: Global Market Split By Region, 2023 (E)
Figure 02: Global Market By Product, 2023 (E)
Figure 03: Global Market Split By Application, 2023 (E)
Figure 04: Global Market By End Use Industry, 2023 (E)
Figure 05: Global Market Value Analysis (US$ Million), 2017 to 2022
Figure 06: Global Market Value Forecast (US$ Million), 2023 to 2033
Figure 07: Global Market Absolute Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Product, 2023 (E) & 2033 (F)
Figure 09: Global Market Y-o-Y Analysis (%), By Product, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis By Product, 2023 to 2033
Figure 11: Global Market Share Analysis By Application, 2023 (E) & 2033 (F)
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis By Application, 2023 to 2033
Figure 14: Global Market Share Analysis By End Use Industry, 2023 (E) & 2033 (F)
Figure 15: Global Market Y-o-Y Analysis (%), By End Use Industry, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis By End Use Industry, 2023 to 2033
Figure 17: Global Market Share Analysis (%), By Region, 2023 (E) & 2033 (F)
Figure 18: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 19: Global Market Attractiveness Analysis By Region, 2023 to 2033
Figure 20: North America Market Share, By Region (2023 E)
Figure 21: North America Market Share, By Product (2023 E)
Figure 22: North America Market Share, By Application (2023 E)
Figure 23: North America Market Share, By End User Industry (2023 E)
Figure 24: North America Market Value Analysis (US$ Million), 2017 to 2022
Figure 25: North America Market Value Forecast (US$ Million), 2023 to 2033
Figure 26: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 27: North America Market Attractiveness Analysis by Product, 2023 to 2033
Figure 28: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis by End User Industry, 2023 to 2033
Figure 30: U.S. Market Share Analysis (%), By Product, 2022 & 2033
Figure 31: U.S. Market Share Analysis (%), By Application, 2022 & 2033
Figure 32: U.S. Market Share Analysis (%), By End Use Industry, 2022 & 2033
Figure 33: Canada Market Share Analysis (%), By Product, 2022 & 2033
Figure 34: Canada Market Share Analysis (%), By Application, 2022 & 2033
Figure 35: Canada Market Share Analysis (%), By End Use Industry, 2022 & 2033
Figure 36: Europe Market Share, By Region (2023 E)
Figure 37: Europe Market Share, By Product (2023 E)
Figure 38: Europe Market Share, By Application (2023 E)
Figure 39: Europe Market Share, By End User Industry (2023 E)
Figure 40: Europe Market Value Analysis (US$ Million), 2017 to 2022
Figure 41: Europe Market Value Forecast (US$ Million), 2023 to 2033
Figure 42: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 43: Europe Market Attractiveness Analysis by Product, 2023 to 2033
Figure 44: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 45: Europe Market Attractiveness Analysis by End User Industry, 2023 to 2033
Figure 46: Germany Market Share Analysis (%), By Product, 2022 & 2033
Figure 47: Germany Market Share Analysis (%), By Application, 2022 & 2033
Figure 48: Germany Market Share Analysis (%), By End Use Industry, 2022 & 2033
Figure 49: UK Market Share Analysis (%), By Product, 2022 & 2033
Figure 50: UK Market Share Analysis (%), By Application, 2022 & 2033
Figure 51: UK Market Share Analysis (%), By End Use Industry, 2022 & 2033
Figure 52: France Market Share Analysis (%), By Product, 2022 & 2033
Figure 53: France Market Share Analysis (%), By Application, 2022 & 2033
Figure 54: France Market Share Analysis (%), By End Use Industry, 2022 & 2033
Figure 55: Italy Market Share Analysis (%), By Product, 2022 & 2033
Figure 56: Italy Market Share Analysis (%), By Application, 2022 & 2033
Figure 57: Italy Market Share Analysis (%), By End Use Industry, 2022 & 2033
Figure 58: Russia Market Share Analysis (%), By Product, 2022 & 2033
Figure 59: Russia Market Share Analysis (%), By Application, 2022 & 2033
Figure 60: Russia Market Share Analysis (%), By End Use Industry, 2022 & 2033
Figure 61: Rest of Europe Market Share Analysis (%), By Product, 2022 & 2033
Figure 62: Rest of Europe Market Share Analysis (%), By Application, 2022 & 2033
Figure 63: Rest of Europe Market Share Analysis (%), By End Use Industry, 2022 & 2033
Figure 64: Asia Pacific Market Share, By Region (2023 E)
Figure 65: Asia Pacific Market Share, By Product (2023 E)
Figure 66: Asia Pacific Market Share, By Application (2023 E)
Figure 67: Asia Pacific Market Share, By End User Industry (2023 E)
Figure 68: Asia Pacific Market Value Analysis (US$ Million), 2017 to 2022
Figure 69: Asia Pacific Market Value Forecast (US$ Million), 2023 to 2033
Figure 70: Asia Pacific Market Attractiveness Analysis by Country, 2023 to 2033
Figure 71: Asia Pacific Market Attractiveness Analysis by Product, 2023 to 2033
Figure 72: Asia Pacific Market Attractiveness Analysis by Application, 2023 to 2033
Figure 73: Asia Pacific Market Attractiveness Analysis by End User Industry, 2023 to 2033
Figure 74: China Market Share Analysis (%), By Product, 2022 & 2033
Figure 75: China Market Share Analysis (%), By Application, 2022 & 2033
Figure 76: China Market Share Analysis (%), By End Use Industry, 2022 & 2033
Figure 77: Japan Market Share Analysis (%), By Product, 2022 & 2033
Figure 78: Japan Market Share Analysis (%), By Application, 2022 & 2033
Figure 79: Japan Market Share Analysis (%), By End Use Industry, 2022 & 2033
Figure 80: Australia Market Share Analysis (%), By Product, 2022 & 2033
Figure 81: Australia Market Share Analysis (%), By Application, 2022 & 2033
Figure 82: Australia Market Share Analysis (%), By End Use Industry, 2022 & 2033
Figure 83: Thailand Market Share Analysis (%), By Product, 2022 & 2033
Figure 84: Thailand Market Share Analysis (%), By Application, 2022 & 2033
Figure 85: Thailand Market Share Analysis (%), By End Use Industry, 2022 & 2033
Figure 86: Rest of Asia Pacific Market Share Analysis (%), By Product, 2022 & 2033
Figure 87: Rest of Asia Pacific Market Share Analysis (%), By Application, 2022 & 2033
Figure 88: Rest of Asia Pacific Market Share Analysis (%), By End Use Industry, 2022 & 2033
Figure 89: Rest of the World Market Share, By Product (2023 E)
Figure 90: Rest of the World Market Share, By Application (2023 E)
Figure 91: Rest of the World Market Share, By End User Industry (2023 E)
Figure 92: Rest of the World Market Value Analysis (US$ Million), 2017 to 2022
Figure 93: Rest of the World Market Value Forecast (US$ Million), 2023 to 2033
Figure 94: Rest of the World Market Attractiveness Analysis by Product, 2023 to 2033
Figure 95: Rest of the World Market Attractiveness Analysis by Application, 2023 to 2033
Figure 96: Rest of the World Market Attractiveness Analysis by End User Industry, 2023 to 2033
The growing demand for synchrotron instrumentation in China is being driven by the country's rapidly expanding research and development (R&D) sector.
Japan is projected to be the most attractive market in the synchrotron instrumentation after USA with value share of 18.3% in 2022 globally.
The increasing demand for synchrotron instrumentation in Germany is being driven by the country's strong pharmaceutical and biotechnology industries.
The booming IT sector has necessitated synchrotron instrumentation services, which are used in a variety of applications, including drug discovery, materials science, and environmental research.
The United States held 21.5% of the global market share in 2022.
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