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Global Circular Dichroism Spectrometers Market to Reach $43.8 Million by 2027
In the changed post COVID-19 business landscape, the global market for Circular Dichroism Spectrometers estimated at US$31.4 Million in the year 2020, is projected to reach a revised size of US$43.8 Million by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027. Linearly Polarized Light Sources, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$16.7 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Circularly Polarized Light Sources segment is readjusted to a revised 4.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $8.5 Million, While China is Forecast to Grow at 7.3% CAGR
The Circular Dichroism Spectrometers market in the U.S. is estimated at US$8.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.9 Million by the year 2027 trailing a CAGR of 7.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.8 Million by the year 2027.


Multiple Light Sources Segment to Record 6% CAGR
In the global Multiple Light Sources segment, USA, Canada, Japan, China and Europe will drive the 6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.3 Million in the year 2020 will reach a projected size of US$4.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 7.2% CAGR through the analysis period.