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Natural Science & Engineering Research in Luxembourg - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

LU-M721 March 2024 Factsheet

Revenue

€43.7m

2019-2024 6.5 %
2024-2029 X.X %

Employees

451

2019-2024 5.7 %
2024-2029 X.X %

Businesses

63

2019-2024 10.1 %
2024-2029 XX.X %

Wages

€XX.Xm

2019-2024 X.X %
2024-2029 X.X %

Natural Science & Engineering Research in Luxembourg market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Luxembourg compared to Europe?

Country Benchmarking

Industry Data Luxembourg

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#31 In Europe
Business
#32 In Europe
Employees
#33 In Europe
Wages
#29 In Europe

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In Europe, funding for research and innovation largely comes from the business enterprise, government, higher education, and non-profit sectors. Private companies that outsource their research needs – spending on research facilities by the business enterprise sector – are the largest backers. Belgium, Sweden, Austria, Germany and Finland are all home to lots of companies in the biotechnology, pharmaceutical and healthcare sectors that spend on R&D. Government spending on R&D in 2021 was largest in Germany, Czechia, Greece and Belgium.

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Enterprises
Number of businesses in 2024

Biggest companies in the Natural Science & Engineering Research in Luxembourg

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024
Max-Planck-Gesellschaft zur Förderung der Wissenschaften e. V.
2,154.6
193.2
9.0

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Top Questions Answered in this Report

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What is the market size of the Natural Science & Engineering Research industry in Luxembourg in 2024?

The market size of the Natural Science & Engineering Research industry in Luxembourg is €43.7m in 2024.

How many businesses are there in the Natural Science & Engineering Research in Luxembourg industry in 2024?

There are 63 businesses in the Natural Science & Engineering Research industry in Luxembourg, which has grown at a CAGR of 10.1 % between 2019 and 2024.

Has the Natural Science & Engineering Research industry in Luxembourg grown or declined over the past 5 years?

The market size of the Natural Science & Engineering Research industry in Luxembourg has been declining at a CAGR of 6.5 % between 2019 and 2024.

What is the forecast growth of the Natural Science & Engineering Research industry in Luxembourg over the next 5 years?

Over the next five years, the Natural Science & Engineering Research industry in Luxembourg is expected to grow.

What are the biggest companies in the Natural Science & Engineering Research market in Luxembourg?

The biggest company operating in the Natural Science & Engineering Research market in Luxembourg is Max-Planck-Gesellschaft zur Förderung der Wissenschaften e. V.

What does the Natural Science & Engineering Research in Luxembourg include?

Life sciences and Pharmaceuticals, biotech and medical and health sciences are part of the Natural Science & Engineering Research industry.

Which companies have the highest market share in the Natural Science & Engineering Research in Luxembourg?

The company holding the most market share in Luxembourg is Max-Planck-Gesellschaft zur Förderung der Wissenschaften e. V..

How competitive is the Natural Science & Engineering Research industry in Luxembourg?

The level of competition is high and increasing in the Natural Science & Engineering Research industry in Luxembourg.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

The industry includes organisations engaged in research and development (R&D) work focused on natural sciences and engineering. Work is carried out in a variety of domains spanning agriculture, biology, biotechnology and medical and health science.

Related Terms

Applied ScienceBiotechnologyLife Sciences

What's included in this industry?

Life sciences Pharmaceuticals, biotech and medical and health sciences Physical and engineering sciences Other research in agriculture, forestry and fisheries courses

Companies

Max-Planck-Gesellschaft zur Förderung der Wissenschaften e. V.

Industry Code

ISIC 2006

721 - Research and experimental development on natural sciences and engineering in Luxembourg

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Performance

Revenue Highlights

Trends
  • Revenue
  • Current Year Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue
  • Employees
  • Business
  • Profit
Analysis

What's driving current industry performance in the Natural Science & Engineering Research in Luxembourg industry?


Outlook

Analysis

What's driving the Natural Science & Engineering Research in Luxembourg industry outlook?


Volatility

Analysis

What influences volatility in the Natural Science & Engineering Research in Luxembourg industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Natural Science & Engineering Research in Luxembourg industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Research in physical and engineering sciences continues to rise. Companies without in-house research departments rely on outsourcing for their next product innovation.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Natural Science & Engineering Research in Luxembourg industry's products and services performing?

Analysis

What are innovations in the Natural Science & Engineering Research in Luxembourg industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Natural Science & Engineering Research in Luxembourg industry?


International Trade

Highlights

  • Total Imports into Luxembourg
  • Total Exports into Luxembourg
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

Partnerships with other industries boost economies of scale. Relationships are important when products are being developed as they help diversify the risk of research and development costs if a dead end is reached.

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Supply Chain

Charts

Buyer and supply industries

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Establishments by Region (2024)
Data Tables
  • Number of Establishments by Region (2024)
Charts
  • Share of Establishments vs. Population of Each Region
Analysis

What regions are businesses in the Natural Science & Engineering Research in Luxembourg located?

Companies

Data Tables

Top 1 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit margin (2024)

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Governments and EU legislation heavily regulate scientific research. The development of new scientific and engineering products must follow strict parameters.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Natural Science & Engineering Research in Luxembourg industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Research organisations compete for government and private contracts which can constrain profit. Profit depends on the level and reliability of funding from governments and institutions.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Natural Science & Engineering Research in Luxembourg industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.