Positive Material Identification Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Component (Equipment, Service), By Type (X-Ray Fluorescence, Optical Emission Spectroscopy), By Form Factor (Handheld, Benchtop), By Industry Vertical (Metallurgy, Aerospace & Defense, Oil & Gas, Chemical, Healthcare, Energy & Power, Others), And By Geography - Forecasts From 2019 To 2024

Published:  May 2021 Report Code: KSI061611734 Pages: 127

The positive material identification market is projected to grow at a CAGR of 6.85% to reach US$3.192 billion by 2024, from US$2.145 billion in 2018. The positive material identification technique is used for determining the alloy composition of materials. The market for positive material identification is estimated to grow rapidly on account of growing number of oil and gas refineries globally. Simultaneously, the growing investment in the pharmaceutical manufacturing is further supplementing the growth of the market. Moreover, the focus on optimizing the cost of production is further anticipated to drive the market during the forecast period.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the positive material identification value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the positive material identification market.

Major industry players profiled as part of the report are SGS SA, TÜV NORD GROUP, Olympus Corporation, Intertek Group plc, and Bureau Veritas among others.

Positive Material Identification Market Scope:

Report Metric Details
 Market size value in 2018  US$2.145 billion
 Market size value in 2024  US$3.192 billion
 Growth Rate  CAGR of 6.85% from 2018 to 2024
 Base year  2018
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Billion
 Segments covered  Component, Type, Form Factor, Industry Vertical, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Olympus Corporation, SGS SA, Ametek, TÜV Rheinland, Bureau Veritas, Intertek   Group plc, TÜV NORD GROUP, Bruker, QC Metallurgical Laboratory, Inc., Applus, TÜV   SÜD
 Customization scope  Free report customization with purchase

Segmentation

The positive material identification market has been analyzed through following segments:

By Component

Equipment

Service

 

By Type

X-Ray Fluorescence

Optical Emission Spectroscopy

 

By Form Factor

Handheld

Benchtop

 

By Industry Vertical

Metallurgy

Aerospace & Defense

Oil & Gas

Chemical

Healthcare

Energy & Power

Others

 

By Geography

North America

USA

Canada

Mexico

Others

 

South America

Brazil

Argentina

Others

 

Europe

Germany

France

United Kingdom

Others

 

Middle East and Africa

Saudi Arabia

Israel

Others

 

Asia Pacific

China

Japan

India

Others


Frequently Asked Questions (FAQs)

Q1. What will be the positive material identification market size by 2024?
A1. The positive material identification market is projected to reach a total market size of US$3.192 billion by 2024.
 
Q2. What is the size of global positive material identification market?
A2. Positive Material Identification market was valued at US$2.145 billion in 2018.
 
Q3. What are the growth prospects for the positive material identification market?
A3. The global positive material identification market is projected to grow at a CAGR of 6.85% during the forecast period.
 
Q4. What factors are anticipated to drive the positive material identification market growth?
A4. The market for positive material identification is estimated to grow rapidly on account of a growing number of oil and gas refineries globally.
 
Q5. Who are the major players in the positive material identification market?
A5. Major industry players profiled as part of the positive material identification market report are SGS SA, TÜV NORD GROUP, Olympus Corporation, Intertek Group plc, and Bureau Veritas among others.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY  
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. POSITIVE MATERIAL IDENTIFICATION MARKET BY COMPONENT
5.1. Equipment
5.2. Service
6. POSITIVE MATERIAL IDENTIFICATION MARKET BY TYPE
6.1. X-Ray Fluorescence
6.2. Optical Emission Spectroscopy
7. POSITIVE MATERIAL IDENTIFICATION MARKET BY FORM FACTOR
7.1. Handheld
7.2. Benchtop
8. POSITIVE MATERIAL IDENTIFICATION MARKET BY INDUSTRY VERTICAL
8.1. Metallurgy
8.2. Aerospace & Defense
8.3. Oil & Gas
8.4. Chemical
8.5. Healthcare
8.6. Energy & Power
8.7. Others
9. POSITIVE MATERIAL IDENITIFICATION MARKET BY GEOGRAPHY
9.1. North America
9.1.1. USA
9.1.2. Canada
9.1.3. Mexico
9.1.4. Others
9.2. South America
9.2.1. Brazil
9.2.2. Argentia
9.2.3. Others
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. United Kingdom
9.3.4. Others
9.4. Middle East and Africa
9.4.1. Saudi Arabia
9.4.2. Israel
9.4.3. Others
9.5. Asia Pacific
9.5.1. China
9.5.2. Japan
9.5.3. India
9.5.4. Others
10. COMPETITIVE INTELLIGENCE
10.1. Competition and Offerings Analysis of Key Vendors
10.2.  Recent Investment and Deals
10.3. Strategies of Key Players
11. COMPANY PROFILES
11.1. Olympus Corporation
11.2. SGS SA
11.3. Ametek 
11.4. TÜV Rheinland
11.5. Bureau Veritas
11.6. Intertek Group plc
11.7. TÜV NORD GROUP
11.8. Bruker
11.9. QC Metallurgical Laboratory, Inc.
11.10. Applus
11.11. TUV SUDLIST OF FIGURES
LIST OF TABLES
DISCLAIMER 

Olympus Corporation

SGS SA

Ametek

TÜV Rheinland

Bureau Veritas

Intertek Group plc

TÜV NORD GROUP

Bruker

QC Metallurgical Laboratory, Inc.

Applus

TÜV SÜD

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