Overview:

The global X-ray diffractometer market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. The X-ray diffractometer (XRD) plays a key role in identification or analysis of any material structure, texture, and in crystallography. XRD uses a X-ray or radiation beam to identify the structure through generating scattering pattern. Hence is called as diffractometer.

X-ray diffractometer is used to analyze structure of various materials including plastic, metals, minerals, solar cells, polymers, fluids, catalysts, and others.

Market Dynamics:

Rapid technological advancements in X-ray technology and growing demand for onsite analysis and qualitative XRF capabilities are major factors driving growth of the global X-ray diffractometer market. Also, increasing demand for X-ray diffractometer from biotechnology and pharmaceutical companies for particle analysis is another factor expected to boost growth of the target market.

In addition, rising investment in R&D activities and increasing focus on advanced product launches are other factors expected to result in growth of the global x-ray diffractometer market over the forecast period. For instance, in July 2020, Olympus Corporation has launched next generation TERRA II and BTX III mobile X-ray diffraction (XRD) analyzers with SwiftMin automated quantitative XRD software. These analyzers offer streamlined user interface, preprogrammed calibrations, and improved X-ray detector for faster quantitative mineralogy results without the help of technical expert in the field and lab.

Key Trends:

Growing focus on business expansion through merger and acquisitions is a key trend observed in the global X-ray diffractometer market. In July 2019, Rigaku Corporation and DYG Holdings LTD has completed the acquisition of XwinSys Technology Development Ltd. based in Israel. The company was leading in designing, manufacturing, and marketing the novel solutions based on improved X-ray technology combined with automated optical 3D & 2D technology. This acquisition is expected to support for market expansion activity and novel technologies development initiative of Rigaku Corp. and DYG Holdings LTD in the near future.

Regional Analysis:

For detailed understanding of market dynamics, the global X-ray diffractometer market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Currently Asia Pacific region is dominating the global market. This is owing to flourishing biotechnology industry and rising number of production facilities demanding for XDR technology. In addition, increasing number of patients suffering from chronic diseases is expected to boost growth of the regional market in the near future.

In addition, North America region is expected to hold significant share in the global X-ray diffractometer market. This is attributed to presence of major market players in countries in the region and rising prevalence of chronic diseases such as various types of cancer in the region.

Scope of the Report:

Detailed Segmentation:

Global X-ray Diffractometer Market, By Product Type:

• X-ray Роwdеr Dіffrасtіоn
• Sіnglе-сrуѕtаl ХRD

Global X-ray Diffractometer Market, By Application:

• Pharmaceutical
• Biotechnology
• Other Application

Key Players Covered:

Key players operating in the global X-ray diffractometer market includes Anton Paar GmbH, Rigaku Corporation, Thermo Fisher Scientific Inc., Shimadzu Corporation, Bruker Corporation, PERSEE Analytics Inc., marXperts GmbH, Malvern Panalytical Ltd. (Spectris plc), Agilent Technologies, Inc., and Tongda Group.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global X-ray Diffractometer Market by product type, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global X-ray diffractometer market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.