Since the launch of Chandra and XMM-Newton, high-resolution X-ray spectra of cosmic sources of all kinds have become available. These spectra have resulted in major scientific breakthroughs. However, due to the techniques used, in general high-quality spectra can only be obtained for the brightest few sources of each class. Moreover, except for the most compact extended sources, like cool core clusters, grating spectra are limited to point sources. Hitomi made another major step forward, in yielding for the first time a high-quality spectrum of an extended source, and improved spectral sensitivity in the Fe-K band. For point sources with the proposed Arcus mission, and for all sources with the launch of Athena, X-ray spectroscopy will become mature. It allows us to extend the investigations from the few handful of brightest sources of each category to a large number of sources far away in space and time, or to get high time-resolution, high-spectral resolution spectra of bright time variable sources.