The global X-ray diffractometer (XRD) market was valued at around US$ 0.4 Bn in 2017, and is expected to register a CAGR of 4.9%. The first five-year cumulative revenue (2017–2021) is projected to be over US$ 2.1 Bn, which is expected to increase considerably over the latter part of the five-year forecast period.
Global X-ray Diffractometer (XRD) Market: Segmental Snapshot
By Product Type: The X-ray powder diffraction segment accounted for highest revenue share contribution as compared to single-crystal XRD, and is expected to maintain its dominance over the forecast period with comparatively higher CAGR of over 5.0% between 2017 and 2026.
By Application: The pharma segment accounts for highest revenue share in the global market and the scientific research institutes segment is expected to register highest CAGR of over 5.5% during the forecast period.
By Region: The market in Asia Pacific accounted for highest revenue share in the global X-ray diffractometer (XRD) market and is expected to register highest CAGR of over 5.0% over the forecast period.
Global X-ray Diffractometer (XRD) Market: Competitive Analysis
The research report on the global X-ray diffractometer (XRD) market includes profiles of some of major companies such as Bruker Corporation, Malvern Panalytical Ltd., Rigaku Corporation, Shimadzu Corporation, Thermo Fisher Scientific Inc., Dandong Tongda Science & Technology Co., Ltd., and PERSEE ANALYTICS, INC.