Process Spectroscopy: The Global Market

Abstract

REPORT HIGHLIGHTS

• The global market for process spectroscopy increased from $945.9 million in 2006 to an estimated $1.2 billion by the end of 2008. It should reach $1.9 billion by 2013, a compound annual growth rate (CAGR) of 8.5%.
• The process spectroscopy equipment segment is expected to comprise approximately 77.2% of the total process spectroscopy market in 2008, forecast to decrease to 76.1% of the total market by the end of 2013.
• Process spectroscopy applications are expected to have revenues of $282.5 million in 2008 and reach $445.2 million in 2013, a CAGR of 9.5%.