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Global Analytical Instrumentation Services Market

Publisher Frost & Sullivan
Published Aug 14, 2023
SKU # MC18130887

Description

Global Analytical Instrumentation Services Market


A Holistic Service Approach and Regional Presence Drive Transformational Growth of Vendors

This study analyzes the analytical instrumentation services market from 2019 to 2029, with 2022 as the base year. The market was estimated at $3,619.1 million in 2022, exhibiting a growth rate of 3.5% from 2021, and is expected to grow at a CAGR of 6.1% from 2022 to 2029.

Key market drivers include:
• The need for multi-vendor services (MVS) is gaining importance as vendors want to extend their service portfolio and increase their geographic
presence. Providing services for competitor products gives them a competitive edge and allows them to serve more clients.
• Offering a holistic approach through products, software, and services will benefit vendors and drive their growth. Catering to all service types will
allow vendors to serve across different application areas and end-user industries.
• Third-party service providers are gaining traction by offering focused services, driving regional demand. Partnerships between global vendors and
third-party service providers will enhance client offerings.
• A combination of end-to-end asset management services and stand-alone software-as-a-service is the future for vendor success. This business
model offers the best value proposition for the complete life cycle management of laboratory assets.

Sustainability in the network analyzers and spectrum analyzers market:
• Pay-as-you-go is the new trend that will enable more clients to opt for better services.
• The need to satisfy customers' requirements will drive partnership formation between vendors and third-party service providers.
• A focus on service quality and meeting customer goals across the value chain is key for vendor success.

This study discusses the following growth opportunities:
• Providing a holistic approach
• Having a regional focus
• End-to-end asset management services

Table of Contents

    • Why is it Increasingly Difficult to Grow?
    • The Strategic Imperative 8
    • The Impact of the Top 3 Strategic Imperatives on the Analytical Instrumentation Services Industry
    • Growth Opportunities Fuel the Growth Pipeline Engine
    • Scope of Analysis
    • Segmentation
    • Key Competitors
    • Growth Metrics
    • Growth Drivers
    • Growth Restraints
    • Forecast Assumptions
    • Revenue Forecast
    • Revenue Forecast by Types of Service
    • Revenue Share by Application
    • Revenue Share by Duration of Contracts
    • Revenue Share by After-sales Service
    • Revenue Share by Advanced Service
    • Revenue Forecast by Region
    • Revenue Forecast by Industry Vertical
    • Revenue Forecast Analysis
    • Pricing Trends and Forecast Analysis
    • Competitive Environment
    • Revenue Share
    • Growth Metrics
    • Revenue Forecast
    • Revenue Forecast Analysis
    • Growth Metrics
    • Revenue Forecast
    • Revenue Forecast Analysis
    • Growth Metrics
    • Revenue Forecast
    • Revenue Forecast Analysis
    • The Importance of Sustainability in Analytical Instrumentation Services
    • United Nations' Sustainable Development Goals
    • Important SDGs
    • Growth Opportunity 1: Providing a Holistic Approach
    • Growth Opportunity 2: Having a Regional Focus
    • Growth Opportunity 3: End-to-end Asset Management Services
    • Your Next Steps
    • Why Frost, Why Now?

Pricing

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