Global Optical Emission Spectroscopy Market by Offering, Form Factor, Excitation Source Type, Detector Type, Vertical and Geography – Forecast to 2023 – ResearchAndMarkets.com

The “Optical
Emission Spectroscopy Market by Offering, Form Factor, Excitation Source
Type, Detector Type, Vertical and Geography – Global Forecast to 2023”
report has been added to ResearchAndMarkets.com’s
offering.

The optical emission spectroscopy (OES) market is estimated to grow from
USD 582.2 million in 2018 to USD 792.4 million by 2023, at a CAGR of
6.36% from 2018 to 2023.

The factors that drive the growth of the optical emission spectroscopy
market include enforcement of stringent government safety regulations
and quality control requirements across various sectors, and
technological enhancements and increased functionalities.

Rising demand for multielement analysis technologies from end-user
industries, growing preference to outsource analytical requirements to
third-party service providers, and increasing demand from metal and
scrap recycling industry are offering new growth opportunities for the
growth of the OES market.

However, high cost associated with the elemental analysis via OES
equipment is a factor restraining the growth of this market. One of the
major challenges for the studied market is lack of skilled personnel for
handling OES equipment.

OES equipment is expected to hold the largest share of the global
optical emission spectroscopy market in 2018. Growing use of portable
OES analyzers in metal producing and processing industries, such as
metals and heavy machinery, automotive, aerospace & defense, and scrap
and recycling industries; and rising use of ICP-OES across food &
beverages, chemicals, pharmaceutical, and environmental industries are
likely to increase the adoption of OES instruments.

The market for services is expected to grow at a higher CAGR during the
forecast period. Increasing involvement of third-party service providers
such as SGS, Bureau Veritas, and Intertek is likely to drive the overall
services market.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Optical Emission Spectroscopy (OES) Equipment Market, By Offering

7 Optical Emission Spectroscopy (OES) Equipment Market, By Form Factor

8 Optical Emission Spectroscopy (OES) Equipment Market, By Excitation
Source Type

9 Optical Emission Spectroscopy (OES) Equipment Market, By Detector Type

10 Optical Emission Spectroscopy (OES) Equipment Market, By Vertical

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

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View source version on businesswire.com: https://www.businesswire.com/news/home/20180713005395/en/

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