Results according to a soon-to-be-released report from Business Communications Company, Inc.
According to a soon-to-be-released report from Business Communications Company, Inc. (Norwalk, Conn.), the global market for all types of materials characterization instruments, which includes instruments used in the chemical characterization of materials, morphological characterization and physical/mechanical characterization, is currently estimated at $21.8 billion. This market is expected to reach $31.7 billion in 2009, as it grows at an AAGR (average annual growth rate) of 7.8% between 2004 and 2009. Applications of these instruments include failure analysis, corrosion/wear testing, biocompatibility testing, thin films/coatings analysis, contaminant analysis, process control and quality control.
Global Market For Materials Testing Instruments To Reach Nearly $32 Billion by 2009
April 22, 2004