1. Market Research
  2. > Automotive Market Trends
Positive Material Identification Market by Offering, Technique, Form Factor, Industry And Geography - Global Forecast to 2023

Positive Material Identification Market: Global Forecast until 2023

  • March 2018
  • 151 pages
  • ID: 5368676
In this report:
In terms of volume, the market for XRF analyzers registered a shipment of ##.## thousand units in 2017 and is expected to reach ##.## thousand units by 2023, at a CAGR of ##.##% during the forecast period.
In terms of volume, the market for equipment registered a shipment of ##.## thousand units in 2017 and is expected to reach ##.## thousand units by 2023, at a CAGR of ##.##% between 2018 and 2023.


Table of Contents

Search Inside

The PMI market is anticipated to increase at a CAGR (Compound annual growth rate) of ~7.8 percent between 2018 and 2023

The positive material identification market is forecasted to grow from ~$2.0B in 2018 to ~$2.9B by 2023, at a compound annual growth rate (CAGR) of ~7.8 percent between 2018 and 2023. Some of the drivers for the increase of this market are stringent safety regulations by governments and quality control requirements, declining efficiencies of aging assets and the subsequent need for operational safety, and innovative technological advancements in PMI equipment. The main restraint for the market increase is a high cost combined with PMI equipment.

The PMI market for services is anticipated to rise at a better compound annual growth rate during the outlook period

The PMI services considered in the market research involve only the third-party services provided by the testing, inspection, and certification actors, including SGS, Bureau Veritas, Intertek, and TÜV SÜD.Various industry players purchasing PMI equipment for the testing of alloy and metal materials are not considered in this scope.

The industry for services is likely to grow at a better compound annual growth rate due to the growing concentration of the third-party service providers in this sector. This industry is basically known as the outsourced market, wherein the experts render these services as per the client demands.

XRF analyzers held main size of the PMI equipment market in 2017

The adoption of XRF analyzers is huge as compared with that of OES analyzers, as XRF is the purest form of NDT, and these analyzers are less expensive than the OES analyzers.Also, the OES method results in burned marks on the objects, because XRF offers clean review.

Furthermore, XRF analyzers are small in size and are mostly portable, because OES analyzers are mostly suitable for laboratory use being benchtop devices weighing more than 15-20 kg per analyzer. These factors are likely to continue to boost the adoption of XRF analyzers in industries including oil and gas, scrap recycling, and chemicals in the outlook as well.

The PMI market in Asia-Pacific is anticipated to be grow at the highest CAGR (Compound annual growth rate) during the estimate period

Asia-Pac is the biggest contributor to the adoption of PMI offering.The territory, including China, Japan (JP), and India (IN), has shown increased adoption in the sector owing to strong industrial base in these countries.

The industry in Asia-Pacific is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period due to the increasing implementation of these equipment for the improvement of processes in different industries.

Key players' distribution profiles:

• By Organization: Tier 1 - 53 %, Tier 2 - 15.0 percent, and Tier 3 - 32.0 percent

• By Description: C-suite executives - 30.0 percent, Directors - 27.0 percent, and Others - 43.0 percent

• By Area: North America continent - 20.0 percent, EU - 16.0 percent, Asia-Pac - 40.0 percent, and rest of the world - 24.0 percent

Segment Research

The study segments the PMI market report into offering (equipment and services); the PMI equipment market has been further broken down into technique (XRF and OES) and form factor (portable analyzers and benchtop analyzers). The PMI market study also includes sectors and offers the geographic forecast of the market size for various parts with regard to 4 main regions-North America, Europe (EU), Asia Pacific (APAC), and Rest of the globe.

Why acquiring this study can help you

The study would benefit the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the PMI market comprehensively and offers the closest approximations of the global market size and those of the subsegments across distinct applications and localities.

2. The analysis offers the in-depth study of the PMI market with the help of competitive leadership mapping, and value chain study containing top firms in the sector and their relations in the ecosystem.

3. The market research benefits partners to apprehend the pulse of the sector and offers them information on the main market drivers, market restraints, opportunities, and alternatives.

4. This industry report would benefit partners to comprehend their players better and acquire business insights to improve their rank in the business sector.

5. The competitive outlook section includes the competitor ecosystem together with the recent and important developments, including expansions, and mergers and acquisitions in the PMI market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Abrasives Market by Material, Type, Product Type, End-use Industry And Region - Global Forecast to 2023

Abrasives Market: Global Forecast until 2023

  • $ 7150
  • Industry report
  • July 2018
  • by MarketsandMarkets

Increasing demand from the machinery industry coupled along with the growing automotive industry is expected to drive the abrasives marketThe global abrasives market is estimated at USD 42.34 billion in ...

2018 World’s Leading Automotive Companies: Capabilities, Goals and Strategies

2018 World’s Leading Automotive Companies: Capabilities, Goals and Strategies

  • $ 6500
  • Industry report
  • August 2018
  • by Venture Planning Group

The series includes current assessments of more than 1,000 companies worldwide. Depending on the company’s business nature and structure, the assessments include all or some of the following analyses: ...

Automotive Window and Sealing Systems Market By Component, By Material, By Application, By End Use, By Region - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2025

Automotive Window and Sealing Systems Market By Component, By Material, By Application, By End Use, By Region - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2025

  • $ 6100
  • Industry report
  • July 2018
  • by P&S Market Research

Automotive Window and Sealing Systems Market By Component (Glass Run Channel, Waist Belt Seal, Roof Ditch Molding, Hood Seal, Trunk Seal, Front Windshield Seal, Door Seal, Rear Windshield Seal, Sunroof ...


Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on