Frequently Asked Questions
The current market value is USD 196.31 million in 2021.
The market is expected to grow at a rate of market is 9.60% during the forecast period of 2022 to 2029.
North America dominates the Raman spectroscopy market because of the high demand to explore oil shale reserves and identify minerals and gases. Another factor driving market growth in this region is the expansion of the petroleum and petrochemical industries.
Asia-Pacific (APAC) is expected to grow significantly from 2022 to 2029 because of increased demand and application by the pharmaceutical and electronics industries,
