Global Positive Material Identification Market is expected to grow from USD 1.68 Billion in 2016 to USD 2.98 Billion by 2024, at a CAGR of 7.43% between 2017 and 2024. (Detailed analysis of the market CAGR is provided in the report) Global Positive Material Identification Market is segmented on the basis of Offering, Technique, Form Factor, Industry, and Geography. Innovative technological advancements in PMI equipment, stringent safety regulations by governments and quality control requirements, and declining efficiencies of aging assets and the subsequent need for operational safety are the major factors driving the growth of positive material identification market. However, high costs associated with PMI equipment is the key restraining factor for the growth of positive material identification market.
Research Methodology :
The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get the unbiased idea of the market. This exercise was done at the country level to get the fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the global market value for Global Positive Material Identification Market.
The scope of the Global Positive Material Identification Market:
Research report categorizes the Positive Material Identification Market based on an offering, technique, form factor, industry, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Global Positive Material Identification Market with key developments in companies and market trends.
Global Positive Material Identification Market, By Offering:
• Services
• Equipment
Global Positive Material Identification Market, By Technique:
• Optical Emission Spectrometry (OES)
• X-Ray Fluorescence (XRF)
Global Positive Material Identification Market, by Form Factor:
• Benchtop An
• Portable Analyzers
Global Positive Material Identification Market, By Industry:
• Aerospace & Defense
• Oil & Gas
• Metals & Heavy Machinery
• Infrastructure
• Automotive
• Scrap Recycling
• Chemicals
• Power Generation
• Pharmaceutical
Global Positive Material Identification Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
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