Synchrotron Instrumentation Market

Synchrotron Instrumentation Market Snapshot (2023 to 2033)

According to Future Market Insights research, during the projected period, the global synchrotron instrumentation market is expected to grow at a CAGR of 5.6%. The market value is projected to increase from USD 1.05 Billion in 2023 to USD 1.80 Billion by 2033. The synchrotron instrumentation market was valued at USD 1.00 Billion at the end of 2022 and is anticipated to exhibit Y-o-Y growth of 4.8% in 2023.

Market Outlook:

Data Points	Market Insights
Market Value 2022	USD 1.00 Billion
Market Value 2023	USD 1.05 Billion
Market Value 2033	USD 1.80 Billion
CAGR 2023 to 2033	5.6%
Share of Top 5 Countries	63.6%
Key Players	ZEISS; SYNCHROTRON RESEARCH INC.; FMB Oxford Ltd.; Rigaku Corporation; Quantum Design Inc.; TOP-UNISTAR (HK) SCIENCE & TECHNOLOGY CO. LTD.; Shimadzu Corporation; Proto Manufacturing; Agilent Technologies; HUBER Diffraktionstechnik GmbH & Co. KG; DECTRIS AG; Avaco; Rayonix; L.L.C.; AVS. Added Value Solutions; Xenocs; Malvern Panalytical Ltd; Alemnis; JJ X-Ray A/S; Thermofisher Scientific; Edwards Vacuum; and G&H Group.

Synchrotron instrumentation refers to the specialized equipment and techniques used in synchrotron facilities for scientific research. Synchrotrons are large particle accelerators that produce highly intense and focused beams of electromagnetic radiation, ranging from X-rays to infrared light. These facilities are utilized by scientists from various disciplines, including physics, chemistry, biology, materials science, and medicine, to conduct cutting-edge research.

Beamlines are the primary experimental stations where researchers conduct their experiments. A synchrotron facility typically has multiple beamlines, each dedicated to a specific research area or technique. Beamlines consist of a series of optical elements, such as mirrors, lenses, monochromators, and detectors, which manipulate and measure the synchrotron radiation.

X-ray spectroscopy techniques provide valuable insights into the electronic and chemical properties of materials. Instruments like X-ray absorption spectroscopy (XAS), X-ray emission spectroscopy (XES), and X-ray photoelectron spectroscopy (XPS) are employed to analyze the energy levels and transitions of electrons in a sample. This helps researchers understand the chemical composition, oxidation states, and bonding within materials.

Sales Analysis of Synchrotron Instrumentation Market from 2017 to 2022 Vs Market Outlook for 2023 to 2033

Sales of the synchrotron instrumentation market grew at a CAGR of 3.8% between 2017 to 2022. Synchrotron instrumentation market contributes 0.2% revenue share to the global radiation application market in 2022, which is valued around USD 500.0 Billion in 2022.

Synchrotron facilities and their instrumentation cater to a wide range of scientific disciplines, including materials science, physics, chemistry, biology, environmental science, and more. The increasing emphasis on interdisciplinary research and collaborations between different scientific domains create opportunities for synchrotron instrumentation to be used in diverse applications. This expanded scope drives the demand for versatile and adaptable instruments.

Considering this, FMI expects the global market to grow at a CAGR of 5.6% through the forecasted years.

What are the Key Opportunities in the Synchrotron Instrumentation Market?

An increased focus on nanotechnology is projected to increase demand for synchrotron instrumentation as researchers seek for more advanced tools to explore the properties and interactions of nanomaterials at the atomic and molecular level.

Also, growing importance of synchrotron research is driving the development of new and advanced instrumentation technologies. This is because researchers are constantly pushing the limits of what can be achieved using synchrotron facilities, which is driving the need for new and more advanced instrumentation technologies.

As synchrotron research becomes more important in various fields such as materials science, biotechnology, and environmental science, there will be an increase in demand for advanced synchrotron instrumentation to support this research. This will drive the growth of the market.

• For instance, Anton Paar launched its own powder diffractometer in December 2021 after years of leading the SAXS (Small Angle X-ray Scattering) industry and providing non-ambient XRD attachments.

Strategic partnerships and collaborations can provide access to funding that may not be available to individual companies. This funding can be used to support research and development efforts, as well as the development and commercialization of new technologies. Also, new product launch is also the reason stimulating the market growth.

• For instance, the portable iXRD Mini, a cost-effective new addition to the current residual stress product range, was introduced by Proto in March 2023. The iXRD Mini, a spin-off of the popular iXRD system, intends to lower the cost of x-ray diffraction (XRD) residual stress analyses with its practical, streamlined construction.

Which Factors Could Possibly Restrain the Growth of Synchrotron Instrumentation Market?

The high price of synchrotron equipment may restrain the development of the worldwide synchrotron instrumentation industry by limiting innovation, adoption, funding, and affordability. Synchrotron instrumentation can be prohibitively expensive for smaller research institutions or universities. This may restrict the market's size and lower demand for synchrotron equipment.

The high price of synchrotron equipment can restrict researchers' capacity to develop and explore uncharted territory. This may reduce the possibilities for novel uses and scientific advancements that can spur industry expansion. The high price of synchrotron equipment can also result in less financing being available for research programmes that need it.

This can lower the demand for these instruments and lower the number of research programmes that employ synchrotron equipment. Also, the expensive price of synchrotron instrumentation may prevent its use in developing nations or regions with tight research resources. This may reduce the market's potential for expansion and growth.

Country-wise Insights

What Makes the USA the Dominating Country in the Synchrotron Instrumentation Market?

The USA dominated the global market with value share of around 21.5% in 2022 and is expected to register a CAGR of 5.7% during the forecast period.

Increasing research in the United States is the primary factors accelerating the regional dominance. The research areas and scientific disciplines driving the demand for synchrotron experiments can influence the market. Synchrotron facilities in the USA support a wide range of research fields, including materials science, chemistry, biology, physics, geosciences, environmental science, and more. The demand for synchrotron instrumentation may vary depending on the focus and priorities of these research areas.

Also, upgrades or expansions of existing synchrotron facilities can create opportunities for the market. As facilities aim to enhance their capabilities, they may invest in new instrumentation and technologies, driving demand in the market. For instance, the recent upgrade of the APS to the APS Upgrade (APS-U) project involves the construction of new beamlines and improved capabilities, which can lead to increased demand for instrumentation.

Why is Japan considered to be a Lucrative Segment for Synchrotron Instrumentation Market in Asia Pacific?

Japan is projected to be the most attractive market in the synchrotron instrumentation after USA with value share of 18.3% in 2022 globally. The Japanese market is an important part of the scientific instrument industry in Japan. Japan is home to the SPring-8 facility, which is one of the world's largest and most advanced synchrotron radiation facilities.

Increasing research and development funding in the region is the main factor to drive the demand of synchrotron instrumentation in the region. The availability and allocation of research funding from government agencies such as the Japan Society for the Promotion of Science (JSPS), the Ministry of Education, Culture, Sports, Science and Technology (MEXT), and other research funding bodies play a significant role in driving the demand for synchrotron instrumentation in Japan.

What Makes Germany an Emerging Market for Synchrotron Instrumentation?

Germany dominated the European market for synchrotron instrumentation and accounted for around 27.3% of the market share in 2022. Technological development is the main factor stimulating the regional market. Advances in synchrotron instrumentation technology play a crucial role in market growth. Innovations that enhance instrument performance, resolution, data acquisition speed, and ease of use attract researchers and drive adoption.

Also, German manufacturers and research institutes contribute to technological advancements in synchrotron instrumentation.

Category-wise Insights

Why Optical Devices Is Largely Adopted Product Option for Synchrotron Instrumentation?

The optical devices segment held the major chunk of about 75.8% in global market by the end of 2022. Optical devices are largely adopted in synchrotron instrumentation due to their ability to provide high precision, beam conditioning and shaping, excellent energy resolution, versatility, adaptability, and seamless integration with experimental techniques.

These optical components play a crucial role in manipulating and optimizing the synchrotron radiation beam for a wide range of scientific studies and applications. Hence, optical devices are largely adopted product option for synchrotron instrumentation.

Which Application Largely Adopted Synchrotron Instrumentation?

The semiconductor research segment held the major chunk of about 16.7% in global market by the end of 2022. Synchrotron radiation sources provide intense and tunable X-rays that can be used to probe the structural, electronic, and optical properties of semiconductor materials.

Researchers can use synchrotron-based techniques such as X-ray diffraction, X-ray absorption spectroscopy, and X-ray photoelectron spectroscopy to investigate the crystal structure, chemical composition, and electronic band structure of semiconductors. This primary use of synchrotron in the various semiconductor research is driving the demand of synchrotron instrumentation in semiconductor research.

Which End Use Industry Dominates the Global Market in 2022?

The electronic industry segment accounted for revenue share of 18.1% in the global market at the end of 2022. Synchrotron techniques are used in research related to energy storage and conversion devices, such as batteries and fuel cells. These techniques help scientists understand the atomic and electronic structure of electrode materials, interfaces, and reaction mechanisms, leading to the development of improved energy storage materials and more efficient conversion processes.

Also, synchrotron-based techniques aid in studying the characteristics and behavior of semiconductor materials, interfaces, and devices, providing valuable insights that can inform manufacturing processes, materials selection, and device design. Hence, synchrotron instrumentation is widely used by the electronic industry.

Competitive Landscape

The market's major companies are concentrating on diversifying their product offerings to boost their market share in synchrotron instrumentation and to broaden their presence in developing economies. Market strategies, technological developments, conferences, acquisitions, and distribution agreements with other businesses are the main tactics used by manufacturers to obtain a competitive edge in the market.

For instance:

• In March 2019, AgfaLabs acquired a new Agilent Cary 620 'synchrotron-in-a-microscope' FTIR imaging system.
• In June 2018, Rigaku Innovative Technologies (RIT) announced its participation in the 13th International Conference on Synchrotron Radiation Instrumentation.

Similarly, recent developments have been tracked by the team at Future Market Insights related to companies in the synchrotron instrumentation market space, which are available in the full report

Scope of the Synchrotron Instrumentation Report

Attribute	Details
Forecast Period	2023 to 2033
Historical Data Available for	2017 to 2022
Market Analysis	USD Million for Value
Key Regions Covered	North America; Europe; Asia Pacific; and the Rest of World
Key Countries Covered	USA, Canada, Germany, UK, France, Italy, Russia, the Rest of Europe, China, Japan, Australia, Thailand, the Rest of Asia Pacific, and the Rest of the World.
Key Segments Covered	Product, Application, End Use Industry, and Region
Key Companies Profiled	ZEISS; SYNCHROTRON RESEARCH INC.; FMB Oxford Ltd.; Rigaku Corporation; Quantum Design Inc.; TOP-UNISTAR (HK) SCIENCE & TECHNOLOGY CO., LTD.; Shimadzu Corporation; Proto Manufacturing; Agilent Technologies; HUBER Diffraktionstechnik GmbH & Co. KG; DECTRIS AG; Avaco; Rayonix, L.L.C.; AVS. Added Value Solutions; Xenocs; Malvern Panalytical Ltd; Alemnis; JJ X-Ray A/S; Thermofisher Scientific; Edwards Vacuum; G&H Group
Report Coverage	Market Forecast, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Key Segments Covered in Synchrotron Instrumentation Industry Research

By Product:

• Optical Devices
  • Other Beam Line Components
    • Slits
    • Shutters
    • Florescent Screens
    • Windows
    • Beam deflectors
  • Mirrors
  • Objective Lenses
  • Detectors
  • Diagnostics
  • Monochromators
  • Vacuum Systems
• Instruments
  • Diffraction Gratings systems/ diffractometer
  • X-Ray Tomography
  • Small-angle X-ray scattering (SAXS)
  • Large Area Rapid Imaging Analytical tool (LARIAT)
  • sub-micron CT/XRM
  • X-Ray absorption spectroscopy (XAS)
  • X-Ray fluorescence (XRF)
  • Spectrometers
  • FTIR
  • Nano-mechanical test instrumentation
  • Cryo-Electron Microscopy

By Application:

• Nanoparticles and colloids
• Drug Discovery and Formulations
• Polymer Research
• Food Sciences
• Medical research
• Toxicology
• Material Research
• Semiconductors research
• Others

By End Use Industry:

• Oil and Gas
• Food Industry
• Cosmetic & Consumer care
• Renewable Energy
• Medical Industry
• Pharmaceutical Industry
• Environmental Sciences
• Agriculture
• Electronics Industry

By Region:

• North America
• Europe
• Asia Pacific
• Rest of the World

Frequently Asked Questions

Why is the China market witnessing higher growth in the Synchrotron Instrumentation Market?

The growing demand for synchrotron instrumentation in China is being driven by the country's rapidly expanding research and development (R&D) sector.

Which region presents lucrative growth opportunities in the Synchrotron Instrumentation Market?

Japan is projected to be the most attractive market in the synchrotron instrumentation after USA with value share of 18.3% in 2022 globally.

Why are sales of synchrotron instrumentation surging in Germany?

The increasing demand for synchrotron instrumentation in Germany is being driven by the country's strong pharmaceutical and biotechnology industries.

What is driving the adoption of synchrotron instrumentation services globally?

The booming IT sector has necessitated synchrotron instrumentation services, which are used in a variety of applications, including drug discovery, materials science, and environmental research.

What is the contribution of the United States in the Synchrotron Instrumentation Market?

The United States held 21.5% of the global market share in 2022.