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Analytical Laboratory Instruments Manufacturing Set to Surge, Anticipated to Reach $82.5 Billion by 2028 According to BCC Research

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Revolutionizing Decision-Making: Analytical Instruments Drive Swift and Informed Choices Across Industries. Growing Demand in Life Sciences and Miniaturization Propels Global Market Expansion.

BOSTON, Feb. 13, 2024 /PRNewswire/ — “According to the latest BCC Research study, the demand for Analytical Laboratory Instruments Manufacturing: Global Markets is estimated to increase from $60.9 billion in 2023 to reach $82.5 billion by 2028, at a compound annual growth rate (CAGR) of 6.3% from 2023 through 2028.”

The comprehensive scope of the report encompasses a detailed analysis of analytical instruments employed in elemental, separation, and molecular analysis. Delving into various end-user industries, including life science, chemical/petrochemical, oil & gas, food testing, and others such as environmental testing, materials, and forensic science, the report offers market size estimations in terms of value ($ millions). Commencing from the base year 2022, the market forecasts extend through 2028. The study further explores growth perspectives across key regions, namely North America, Europe, Asia-Pacific, and RoW, incorporating major countries in each region to elucidate regional growth prospects. Additionally, the report features a dedicated section spotlighting the sustainability landscape of the global analytical laboratory instruments market, evaluating companies’ performance based on various ESG (Environment, Social, and Governance) parameters.

The escalating demand for analytical laboratory instruments is evident in the chemical and petrochemical sector, driven by a strategic response to diminishing fossil fuel reserves. With a heightened focus on increasing production in these industries, the adoption of analytical instruments has become widespread. Furthermore, the pharmaceutical manufacturing sector in India is undergoing a period of remarkable growth, presenting exciting new opportunities for the analytical laboratory instruments market. The surge in the pharmaceutical industry not only reflects increased manufacturing activities but also underscores the need for precise analytical tools to ensure product quality and compliance. Moreover, the global market landscape is poised for transformative changes with the integration of advanced technologies such as nanotechnology and artificial intelligence. This convergence, along with the escalating demand for portable analytical instruments, is set to redefine the game in the analytical laboratory instruments market, paving the way for innovation and efficiency across diverse industries.

Discover the comprehensive insights and strategic implications of this latest research study on the Analytical Laboratory Instruments Manufacturing market. Click here to Learn More.

Key Drivers of Analytical Laboratory Instruments Manufacturing Global Markets

High Growth in the Biopharmaceutical Industry: The biopharmaceutical industry is emerging as a key driver for the analytical laboratory instruments market, experiencing robust growth. As advancements in biotechnology continue to accelerate, there is an increasing demand for sophisticated analytical tools to support the development and manufacturing processes in this sector. Analytical instruments play a crucial role in ensuring the quality, safety, and efficacy of biopharmaceutical products, driving the market forward.

Increasing R&D Spending by Companies: A significant catalyst propelling the analytical laboratory instruments market is the substantial rise in research and development (R&D) investments by companies across various industries. As businesses strive to stay competitive in a rapidly evolving landscape, heightened R&D spending underscores the importance of innovation and technological advancement. The allocation of resources towards research activities fuels the demand for analytical laboratory instruments, as companies seek cutting-edge solutions to enhance their product development and quality control processes. This trend not only stimulates market growth but also reflects a commitment to staying at the forefront of scientific and technological progress.

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Report Synopsis 

Report Metrics

Details

Base year considered

2022

Forecast Period considered

2023-2028

Base year market size

$57.4 billion

Market Size Forecast

$82.5 billion

Growth Rate

CAGR of 6.3% for the forecast period of 2023-2028

Segment Covered

Types, End-User Industry, and Geographic Region

Regions covered

North America, Europe, Asia-Pacific, and Rest of the World

Countries covered

U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, China, India, Japan, Australia, Africa, and South America

Key Market Drivers

•  High growth in the biopharmaceutical industry

•  Increasing R&D spending by companies

Analytical Laboratory Instruments Manufacturing Global Markets Segmentation:

By Type Segmentation

In the realm of analytical laboratory instruments manufacturing, segmentation by type delineates distinct categories catering to diverse analytical needs. Elemental Analysis Instruments, comprising technologies like atomic absorption spectrometers, mass spectrometers, and X-ray fluorescence analyzers, specialize in discerning the composition and structure of elements within a sample. Molecular Analysis Instruments, including nuclear magnetic resonance spectrometers, infrared spectrometers, and chromatographs, focus on unraveling the molecular structure and properties of substances. Separational Analysis Instruments, encompassing tools such as centrifuges, electrophoresis systems, and filtration devices, excel in segregating components based on their physical or chemical properties. Lastly, the category of Other Instruments encompasses versatile tools like microscopes, balances, and pH meters, which don’t neatly fit into the preceding classifications. This comprehensive segmentation ensures a nuanced understanding of the varied instruments essential for analytical processes across laboratories.

By Application Segmentation:

Application segmentation in the realm of analytical laboratory instruments encompasses a diverse array of sectors and industries, each leveraging these instruments for specific purposes. In the life sciences sector, including biotechnology, pharmaceuticals, medical diagnostics, and genetic engineering, analytical laboratory instruments play a pivotal role in studying biological molecules, cells, tissues, and organisms. The chemical/petrochemical and oil & gas industry relies on these instruments for applications such as chemical synthesis, quality control, environmental monitoring, and exploration and production, enabling the analysis of the composition, purity, and properties of chemicals, fuels, and other materials. In the realm of food testing, instruments contribute to food safety, nutrition, and quality assurance by detecting contaminants, allergens, additives, and nutrients in food products. Water and wastewater applications involve the use of analytical instruments for tasks such as water treatment, measuring water quality, and managing wastewater by analyzing physical, chemical, and biological parameters. Lastly, the ‘Other’ category spans applications in education, research, and forensic science, showcasing the versatility of analytical laboratory instruments across varied domains. This segmentation provides a comprehensive overview of the instrumental role these devices play in addressing the diverse needs of different industries.

This report on Analytical Laboratory Instruments Manufacturing Global Markets provides comprehensive insights and analysis, addressing the following key questions:

1.  What is the projected market size and growth rate of the market? 
     The global analytical laboratory instruments market was valued at $57.4 billion in 2022 and will reach $82.5 billion by 2028.

2.  What are the key factors driving the growth of the market?
     The analytical laboratory instruments market is growing rapidly due to several factors, including increasing demand from pharma and biopharma industry and the increasing adoption in chemical and      petrochemical industry.

3.  What segments are covered in the market?

TypeApplicationRegion

4.  By application, which segment will dominate the market by 2028?
     Life science applications dominated the market and are expected to reach $29.2 billion by 2028.

5.  Which region has the highest market share in the market?
     North America holds the highest market share in the market in terms of region.

Some of the Key Market Players Are:

AGILENT TECHNOLOGIES INC.AMETEK INC.AVANTOR INC.BRUKERDANAHER CORP.HITACHI LTD.JEOLLECO CORP.MALVERN PANALYTICAL LTD.METTLER-TOLEDOPERKINELMER INC.SHIMADZU CORP.THERMO FISHER SCIENTIFICWATERS CORP.ZEISS GROUP

Directly Purchase a copy of the report with BCC Research.

For further information or to make a purchase, please get in touch with info@bccresearch.com

About BCC Research

BCC Research provides objective, unbiased measurement and assessment of market opportunities with detailed market research reports. Our experienced industry analysts’ goal is to help you make informed business decisions, free of noise and hype.

Contact Us

Corporate HQ: BCC Research LLC, 49 Walnut Park, Building 2, Wellesley, MA 02481, USA
Email: info@bccresearch.com,
Phone: +1 781-489-7301
For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

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SOURCE BCC Research LLC

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UBHOME Collaborates with Qualcomm to Release the Smart Lawn Mower, Co-Creating a New Era of Smart Life

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The 2025 CES in the United States is about to unveil a brand-new chapter in the future intelligent home gardening

LAS VEGAS, Dec. 28, 2024 /PRNewswire/ — UBHOME, a sub-brand of UBTECH Robotics, announced an intelligent service robot in collaboration with Qualcomm Technologies, Inc. The Robotic Mower M10 is a revolutionary smart lawn mower announced at the 2025 International Consumer Electronics Show (CES) in the United States. This product is powered by the Qualcomm® RB1 Robotics Platform, showcases UBHOME’s rich experience in robot research and development, and focuses on solving the pain points of traditional lawn-mowing equipment, providing users with a worry-free and labor-saving smart gardening experience, and creates a new model of gardening intelligence.

User-Oriented: The All-New Convenience Brought by the Smart Lawn Mower to Life

The Robotic Mower M10 is not only a high performance tool but also an upgrade of the smart lifestyle. In response to the pain points of users when using traditional lawn-mowing equipment, this product offers a series of practical functions, bringing brand-new convenience to home gardening:

Wireless and Borderless Mowing: There is no need for cumbersome boundary wire installation anymore. The device relies on accurate environmental perception and navigation technology to independently plan the work area, allowing users to use it right out of the box, saving installation time and energy.

Automatic Mowing, Saving Time and Effort: The device can automatically complete the lawn mowing work according to the preset schedule or real-time instructions, enabling users to manage the lawn care through delegation to the mower.

Wide Coverage and Stable Signal: It supports a large-scale signal connection of up to 130,000 square meters. Even for extremely large courtyards, stable operation can be ensured, and there is no need to worry about signal loss.

Real-time Online, in-control Anytime: Through APP remote control and real-time monitoring, users can adjust the mowing plan or check the device status at any time, managing the courtyard work as they like.

The combination of these functions not only greatly simplifies the complexity of mowing work but also liberates users from repetitive physical labor, allowing them to focus on enjoying the wonderful moments of life.

UBHOME: In-depth Layout in Smart Home

UBHOME is a brand under UBTECH Robotics that focuses on providing smart solutions for families. As a world-leading robot enterprise, UBTECH, with its strong R&D strength and technological accumulation, has successfully launched Walker, China’s first commercial bipedal human-sized humanoid robot. The launch of the Robotic Mower M10 by UBHOME this time is an important step in its layout in the smart home field.

Relying on UBTECH’s technological accumulation in robots and its in-depth understanding of user needs, the Robotic Mower M10 achieves the best mowing effect through environmental recognition and dynamic adjustment. Whether it is complex terrain, steep slopes, or high requirements for fine mowing, it can perform perfectly, demonstrating its excellent technical capabilities and brand commitment.

Powered by Qualcomm Technologies, Facilitating Intelligent Upgrading

As a global leader in wireless technology and edge intelligence, Qualcomm Technologies provides cutting-edge technical support for the Robotic Mower M10, including intelligent edge computing platforms, dynamic path planning, and environmental perception technologies. These technologies ensure that the device can operate efficiently in various environments, providing users with a precise and efficient smart experience. The Robotic Mower M10 utilizes the Qualcomm RB1 Robotics Platform to ensure the superior operation of the Robotic Mower M10 in large-scale courtyards, laying a solid foundation for realizing smart life.

Industry Significance and Trend: Promoting the Development of Gardening Intelligence

With the continuous increase in the demand for home intelligence, the market for smart gardening equipment is in a period of rapid development. As a typical representative of this trend, the smart lawn mower not only meets consumers’ pursuit of a convenient lifestyle but also provides a direction for the transformation of the gardening industry from tool manufacturing to smart services.

The product released by UBHOME not only fills the gap in the high-performance lawn-mowing equipment market but also sets a new industry benchmark. Through the multiple advantages of wireless, real-time connection, and fully automated operation, it endows home gardening with new value, making users no longer regard mowing as a burden but feel the convenience and fun brought by technology.

Innovation Hand in Hand, Co-creating Smart Life

The collaboration between UBHOME and Qualcomm Technologies showcases a strong collaboration of technology and innovation. Both parties are committed to bringing more convenient and efficient life experiences to consumers through technological innovation.

At the 2025 CES, UBHOME and Qualcomm Technologies will showcase the innovative functions and application scenarios of this Robotic Mower M10.

About UBHOME 

UBHOME is a brand under UBTECH Robotics, focusing on providing smart solutions for families. UBTECH is a world-leading robot enterprise dedicated to the research and development and application of artificial intelligence and robot technology and has successfully served more than 900 enterprise-level customers in more than 50 countries around the world.

Media Contact Information
For more information, please contact:
UBHOME Brand Team: mbu-sales@ubtrobot.com 

Qualcomm is a trademark or registered trademark of Qualcomm Incorporated. Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries.  

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SOURCE UBTECH ROBOTICS CORP LTD

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Global Launch of JETOUR T2 i-DM: Reshaping the Hybrid SUV Market

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DOHA, Qatar, Dec. 28, 2024 /PRNewswire/ — On December 25, 2024, the First JETOUR Fan’s Festival and the Launch of T2 i-DM was held in Qatar, themed “Think Future”. During the event, JETOUR launched its user brand “Traveler” in the Middle East and its first hybrid model, JETOUR T2 i-DM. The launch event highlights JETOUR’s commitment to exploring sustainable travel modes and ambition to become the “The World’s Leading Brand in Hybrid Off-road Vehicles” under the “Travel+” strategy.

JETOUR T2 i-DM not only inherits the strengths of T2 series, but also achieves high energy efficiency, high performance, high safety, and high intelligence with its advanced hybrid technology, i-DM. With a maximum combined power of 280kW and torque of 610N•m, T2 i-DM boasts a NEDC pure electric range of 139km and an overall range exceeding 1,000km at just 0.8L/100km, addressing range anxiety and promoting green travel.

Mr. Dai Lihong, executive vice president of JETOUR Auto, emphasized technology’s role in producing world-class products. The launch also introduced “Traveler”, enriching user experience through diverse products and superior performance. This year, JETOUR has ranked third in sales across the Qatari auto market. The Fan’s Festival invited user representatives from across the Middle East to witness the unveiling of “Traveler”, experiencing “Travel+” culture through city tours and co-creation workshops.

JETOUR prioritizes users, listening to their needs and co-creating products, brand, and lifestyle. Through “Traveler,” JETOUR aims to provide richer travel experiences and benefits globally, leveraging the platform to spread the “Travel+” culture worldwide. Mr. Alex Tan, Vice President of JETOUR International, said, “Serving ‘JETOUR users’ and being ‘a user-oriented JETOUR’ are JETOUR’s development philosophy. JETOUR will continue to build a travel community centered around users, cars, and lifestyles, sharing the joy of traveling together with users.”

JETOUR also partnered with Diamond League to promote athletics in Qatar and the Middle East, embodying JETOUR Speed and the brand’s image of breakthroughs and innovations. With T2 selling over 150,000 units globally, T2 i-DM will continue its success to meet customers’ needs and reshape the hybrid SUV market.

The launch of T2 i-DM marks JETOUR’s new journey towards “the World’s Leading Brand in Hybrid Off-road Vehicles.” JETOUR plans to introduce more hybrid and off-road models, providing customers with eco-friendly and diversified travel choices. With its innovative spirit and user-oriented philosophy, JETOUR will lead the global automotive industry towards a more sustainable and smarter future.

SOURCE JETOUR AUTO

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My Date with Rural China—-VOC.com.cn Unveils Season Two of I Am in Rural China

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CHANGSHA, China, Dec. 28, 2024 /PRNewswire/ — Modern China’s rural revitalization strategy is crafting a remarkable narrative of transformation across the countryside, while progressive opening-up policies encourage foreign visitors to delve deeper into the nation’s heartland. On December 26th, VOC.com.cn premiered the second season of its acclaimed series, I Am in Rural China. The show follows Teona Kvartskhava, an international guest, as she explores the villages of Hunan Province, offering viewers a firsthand look at the dynamic implementation of comprehensive rural revitalization. This captivating series invites a global audience to witness the dawn of a new era in China’s rural landscapes, showcasing the country’s evolving countryside to viewers worldwide.

Rice field came as the first surprise. Hunan is the largest rice grower and producer in China. Hunan provides the high-quality and tasty rice. Teona Kvartskhava, a foreigner hardly feeding on rice, was tempted to have plenty of it. In Qunle Village, Lixian County, Changde, she also experienced “Double Rush”, which is a time-honored agricultural event in China. An event that used to call for the joint efforts of all family members, has now become much easier thanks to technology.

Departing from Lixian County for the moment, Teona Kvartskhava embarked on an exciting trip of tastes in Rucheng, Chenzhou, Southern Hunan. Hunan people are keen and expert on peppery food and spicy taste dominates the Hunan cuisine. Hunan is also rich in varieties of peppers. Jingpo town, a well-known town where spicy food prevails. It is a producer of red cluster pepper, officially one of the hottest peppers in China. From the crowded market, to the red and yellow pepper planting base, and then to the modern processing pepper workshop, the small cluster pepper strung up all corners of the town, so that the original ordinary mountain town has become extraordinarily lively and affluent.

Of course, the “star” of the countryside here is not only agriculture, but also culture, which has also blossomed in this ancient land. As the birthplace of papermaking, China has preserved a unique handmade papermaking technique, which is used to make some “special” papers. In Shanghong Village, Liuyang, Teona Kvartskhava was lucky to meet two Chinese masters, who showed her hands-on experiences of “Gushan Tribute Paper” and “Floral Paper”. As the process progresses, the paper took shape in her hands, as if history and culture were meeting in front of her eyes, and became the “first paper” in Teona Kvartskhava’s life.

So,What’s rural China like? It’s about hospitable peasants, about various agricultural produce, about profound history and culture, about colorful intangible cultural heritage. It’s like a book telling numerous absorbing stories. Hopefully Teona Kvartskhava’ll be luckier to visit more villages for their unique interest and charm.

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SOURCE voc.com.cn

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