Laser-Induced Breakdown Spectroscopy (LIBS) Market (Updated Version Available)

LIBS (laser-induced breakdown spectroscopy), also referred to as LSS (laser spark spectrometry) or LIPS (laser-induced plasma spectrometry), is an advanced analytical technology based on atomic emission spectroscopy for simultaneous multi-elemental analysis, which involves material detection as well as characterization in real time.
Laser-induced breakdown spectroscopy (LIBS) is a type of atomic emission spectroscopy which uses a highly energetic laser pulse as the excitation source. The laser is focused to form a plasma, which atomizes and excites samples. The formation of the plasma only begins when the focused laser achieves a certain threshold for optical breakdown, which generally depends on the environment and the target material. In principle, LIBS can analyze any matter regardless of its physical state, be it solid, liquid or gas. Because all elements emit light of characteristic frequencies when excited to sufficiently high temperatures, LIBS can (in principle) detect all elements, limited only by the power of the laser as well as the sensitivity and wavelength range of the spectrograph & detector. LIBS makes use of optical emission spectrometry and is to this extent very similar to arc/spark emission spectroscopy.
In 2019, the market size of Laser-Induced Breakdown Spectroscopy (LIBS) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Laser-Induced Breakdown Spectroscopy (LIBS).

This report studies the global market size of Laser-Induced Breakdown Spectroscopy (LIBS), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Laser-Induced Breakdown Spectroscopy (LIBS) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

In global market, the following companies are covered:
Bruker
Rigaku
Laval Lab
Avantes
Hitachi
SECOPTA
TSI Incorporated
P&P Optica
Princeton Instruments‎
B&W Tek
Ocean Optics

Market Segment by Product Type
Handheld
Desktop

Market Segment by Application
Mining
Metallurgy
Pharmaceutical
Environment
Research Institutions
Others

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

The study objectives are:
To analyze and research the Laser-Induced Breakdown Spectroscopy (LIBS) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Laser-Induced Breakdown Spectroscopy (LIBS) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of Laser-Induced Breakdown Spectroscopy (LIBS) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025