Global Optical Emission Spectroscopy (OES) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Form Factor;

Portable and Benchtop.

By Offering;

Equipment and Services.

By Excitation Source;

Inductively Coupled Plasma and Spark Optical Emission Spectroscopy.

By End User;

Infrastructure, Oil & Gas, Energy & Power, Automotive, Food & Beverages, Aerospace & Defense, Metals & Heavy Machinery, Environmental, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn089203359 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Optical Emission Spectroscopy (OES) Market (USD Million), 2021 - 2031

In the year 2024, the Global Optical Emission Spectroscopy (OES) Market was valued at USD 690.88 million. The size of this market is expected to increase to USD 1,161.22 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.7%.

The global optical emission spectroscopy (OES) market is witnessing significant growth, driven by its wide application across various industries, including energy & power, automotive, aerospace & defense, and environmental sectors. OES is an analytical technique that measures the light emitted by atoms or ions when they are excited by an energy source, providing information on the elemental composition of samples. The technique is highly valued for its ability to analyze a wide range of materials, including metals, alloys, and liquids, with high sensitivity and precision. As industries such as automotive, food & beverages, oil & gas, and environmental sectors increasingly demand precise material analysis and quality control, the need for reliable and efficient OES technology has surged.

The market is segmented by form factor, offering, excitation source, and end user, reflecting the diverse applications and technological advancements in the industry. The form factor division includes portable and benchtop OES systems, catering to the varying needs of fieldwork and laboratory settings. Portable devices are gaining popularity for their ease of use, mobility, and on-site analytical capabilities, while benchtop models remain prevalent in laboratory settings due to their superior analytical capabilities and complex configurations. In terms of offering, the market is divided into equipment and services, highlighting the growing trend toward service-oriented models, such as maintenance and calibration services, which complement the equipment sales.

The excitation sources in OES systems include inductively coupled plasma (ICP) and spark OES, each having unique features suited to different applications. ICP-OES is known for its high sensitivity and precision in analyzing trace elements in liquid and solid samples, whereas spark OES is often used for metal alloy testing due to its ability to analyze larger samples and generate stronger signals. The OES market is also heavily influenced by its end-user industries, which include infrastructure, oil & gas, energy & power, automotive, food & beverages, aerospace & defense, metals & heavy machinery, environmental monitoring, and others. Each of these industries leverages OES technology for various applications, including quality control, material composition analysis, environmental monitoring, and compliance with industry standards.

The market's expansion is also being driven by technological advancements, such as the development of multi-element analysis capabilities, improved sensitivity, and faster detection times. The growing demand for high-precision material analysis in sectors like aerospace & defense and automotive, where quality and safety standards are stringent, is further propelling the market forward. Additionally, the rise in the use of OES for environmental monitoring and waste management is creating new growth opportunities, as governments and organizations increasingly focus on sustainability and compliance with environmental regulations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form Factor
    2. Market Snapshot, By Offering
    3. Market Snapshot, By Excitation Source
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Optical Emission Spectroscopy (OES) Market
    1. Drivers, Restraints and OpportunitiesPEST Analysis
      1. Drivers
        1. Technological Advancements
        2. Increasing Demand for Quality Control
        3. Environmental Concerns and Regulations
      2. Restraints
        1. High Initial Investment Costs
        2. Complexity in Operation and Maintenance
        3. Lack of Standardization and Compatibility
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Integration with Other Analytical Techniques
        3. Focus on Sustainability and Green Technologies
    2. Pest Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Optical Emission Spectroscopy (OES) Market, By Form Factor, 2021 - 2031 (USD Million)
      1. Benchtop
      2. Portable
    2. Global Optical Emission Spectroscopy (OES) Market, By Offering, 2021 - 2031 (USD Million)
      1. Equipment
      2. Services
    3. Global Optical Emission Spectroscopy (OES) Market, By Excitation Source, 2021 - 2031 (USD Million)
      1. Inductively Coupled Plasma
      2. Spark Optical Emission Spectroscopy
    4. Global Optical Emission Spectroscopy (OES) Market, By End User, 2021 - 2031 (USD Million)
      1. Infrastructure
      2. Oil and Gas
      3. Energy and Power
      4. Automotive
      5. Food and Beverages
      6. Aerospace and Defense
      7. Metals and Heavy Machinery
      8. Environmental
      9. Others
    5. Global Optical Emission Spectroscopy (OES) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape\
    1. Company Profiles
      1. GBC Scientific Equipment
      2. TV Rheinland
      3. Bureau Veritas
      4. Horiba
  7. Analyst Views
  8. Future Outlook of the Market