Market Overview:
The Global Electromagnetic Spectrometer Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electromagnetic spectrometers in various applications such as agriculture, astronomy, automotive, biotechnology and chemical. Additionally, the growing demand for miniaturized and portable spectrometers is also propelling the growth of this market. However, high cost of electromagnetic spectrometers may restrain the market growth to some extent during the forecast period.
Product Definition:
An Electromagnetic Spectrometer is a device used to measure the wavelengths of light emitted or absorbed by an object. This information can be used to identify the elements present in the object. The Electromagnetic Spectrum is made up of all the different types of light that exist, from radio waves to gamma rays. The Electromagnetic Spectrum is important because it helps us understand how our universe works and what it's made up of.
Atomic Spectrometer:
Atomic spectrometer is a device used for analyzing the composition of matter by detecting and measuring atomic vibrations. It’s an analytical tool that helps in identifying chemical elements by their characteristic properties. The most common forms of atomic spectrometers are ionization chambers, vapor pressure cells, magnetic sector cells and optical emission linespray cell among others.
Molecular Spectrometer:
A molecular spectrometer is an instrument used to study the interaction between matter and electromagnetic radiation. It works on the principle that light or ultraviolet radiations are absorbed by molecules present in a gas phase, solid phase or liquid phase. The spectrum of these absorbed lights contains information about chemical compounds.
Molecular spectrometer helps in identifying unknown substances, determining their properties.
Application Insights:
The application segment includes agriculture, astronomy, automotive, biotechnology, and chemical. The agriculture segment dominated the global market in 2017. This can be attributed to the rising demand for advanced products that help farmers make critical decisions about soil and crop health by providing real-time data on a variety of factors such as temperature and moisture content. These factors are important indicators of plant health that enable farmers to take necessary measures to improve overall yield.
Electromagnetic spectrometers have wide applications in agricultural activities owing to their ability to provide information related to soil conditions including composition (organic & mineral makeup), texture (how solid or liquid it is) water holding capacity etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to high research and development activities undertaken by various companies for developing advanced devices. Asia Pacific is anticipated to grow at a lucrative rate over the forecast period owing to increasing government funding for basic research projects and rising awareness among farmers about using EMspectrometersfor crop monitoring applications. Moreover, growing demand from pharmaceutical industries for drug screening will drive regional growth during the forecast period. Europe accounted for over 20% of total revenue share in 2017 due to presence of prominent players such as Varian Medical Systems, Inc.; PerkinElmer, Inc.; and Agilent Technologies., Inc.
Growth Factors:
- Increasing demand for electromagnetic spectrometers from the semiconductor and electronics industry for R&D and quality control purposes.
- Growing popularity of portable and handheld EM spectrometers owing to their ease of use and portability.
- Rising demand for EM spectrometers in the medical diagnostics sector as they help in detecting various diseases at an early stage.
- Proliferation of nanotechnology across different industries is expected to create new opportunities for the growth of electromagnetic spectrum market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electromagnetic Spectrometer Market Research Report
By Type
Atomic Spectrometer, Molecular Spectrometer
By Application
Agriculture, Astronomy, Automotive, Biotechnology, Chemical
By Companies
Spectro, Shimadzu, Bruker, Thermo Scientific, B&W Tek, Ocean Optics, Innov-X System (Olympus), Agilent Technologies, Horiba, PANalytical, ABB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Electromagnetic Spectrometer Market Report Segments:
The global Electromagnetic Spectrometer market is segmented on the basis of:
Types
Atomic Spectrometer, Molecular Spectrometer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Astronomy, Automotive, Biotechnology, Chemical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Spectro
- Shimadzu
- Bruker
- Thermo Scientific
- B&W Tek
- Ocean Optics
- Innov-X System (Olympus)
- Agilent Technologies
- Horiba
- PANalytical
- ABB
Highlights of The Electromagnetic Spectrometer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Atomic Spectrometer
- Molecular Spectrometer
- By Application:
- Agriculture
- Astronomy
- Automotive
- Biotechnology
- Chemical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electromagnetic Spectrometer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electromagnetic spectrometer is a device that uses electromagnetic radiation to identify and measure the properties of molecules, atoms, or particles.
Some of the major companies in the electromagnetic spectrometer market are Spectro, Shimadzu, Bruker, Thermo Scientific, B&W Tek, Ocean Optics, Innov-X System (Olympus), Agilent Technologies, Horiba, PANalytical, ABB.
The electromagnetic spectrometer market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electromagnetic Spectrometer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electromagnetic Spectrometer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electromagnetic Spectrometer Market - Supply Chain
4.5. Global Electromagnetic Spectrometer Market Forecast
4.5.1. Electromagnetic Spectrometer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electromagnetic Spectrometer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electromagnetic Spectrometer Market Absolute $ Opportunity
5. Global Electromagnetic Spectrometer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electromagnetic Spectrometer Market Size and Volume Forecast by Type
5.3.1. Atomic Spectrometer
5.3.2. Molecular Spectrometer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electromagnetic Spectrometer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electromagnetic Spectrometer Market Size and Volume Forecast by Application
6.3.1. Agriculture
6.3.2. Astronomy
6.3.3. Automotive
6.3.4. Biotechnology
6.3.5. Chemical
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electromagnetic Spectrometer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electromagnetic Spectrometer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electromagnetic Spectrometer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electromagnetic Spectrometer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electromagnetic Spectrometer Demand Share Forecast, 2019-2029
9. North America Electromagnetic Spectrometer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electromagnetic Spectrometer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electromagnetic Spectrometer Market Size and Volume Forecast by Application
9.4.1. Agriculture
9.4.2. Astronomy
9.4.3. Automotive
9.4.4. Biotechnology
9.4.5. Chemical
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electromagnetic Spectrometer Market Size and Volume Forecast by Type
9.7.1. Atomic Spectrometer
9.7.2. Molecular Spectrometer
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electromagnetic Spectrometer Demand Share Forecast, 2019-2029
10. Latin America Electromagnetic Spectrometer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electromagnetic Spectrometer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electromagnetic Spectrometer Market Size and Volume Forecast by Application
10.4.1. Agriculture
10.4.2. Astronomy
10.4.3. Automotive
10.4.4. Biotechnology
10.4.5. Chemical
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electromagnetic Spectrometer Market Size and Volume Forecast by Type
10.7.1. Atomic Spectrometer
10.7.2. Molecular Spectrometer
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electromagnetic Spectrometer Demand Share Forecast, 2019-2029
11. Europe Electromagnetic Spectrometer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electromagnetic Spectrometer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electromagnetic Spectrometer Market Size and Volume Forecast by Application
11.4.1. Agriculture
11.4.2. Astronomy
11.4.3. Automotive
11.4.4. Biotechnology
11.4.5. Chemical
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electromagnetic Spectrometer Market Size and Volume Forecast by Type
11.7.1. Atomic Spectrometer
11.7.2. olecular Spectrometer
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electromagnetic Spectrometer Demand Share, 2019-2029
12. Asia Pacific Electromagnetic Spectrometer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electromagnetic Spectrometer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electromagnetic Spectrometer Market Size and Volume Forecast by Application
12.4.1. Agriculture
12.4.2. Astronomy
12.4.3. Automotive
12.4.4. Biotechnology
12.4.5. Chemical
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electromagnetic Spectrometer Market Size and Volume Forecast by Type
12.7.1. Atomic Spectrometer
12.7.2. Molecular Spectrometer
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electromagnetic Spectrometer Demand Share, 2019-2029
13. Middle East & Africa Electromagnetic Spectrometer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electromagnetic Spectrometer Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electromagnetic Spectrometer Market Size and Volume Forecast by Application
13.4.1. Agriculture
13.4.2. Astronomy
13.4.3. Automotive
13.4.4. Biotechnology
13.4.5. Chemical
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electromagnetic Spectrometer Market Size and Volume Forecast by Type
13.7.1. Atomic Spectrometer
13.7.2. Molecular Spectrometer
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electromagnetic Spectrometer Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Electromagnetic Spectrometer Market: Market Share Analysis
14.2. Electromagnetic Spectrometer Distributors and Customers
14.3. Electromagnetic Spectrometer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Spectro
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shimadzu
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bruker
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thermo Scientific
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. B&W Tek
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ocean Optics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Innov-X System (Olympus)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Agilent Technologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Horiba
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. PANalytical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ABB
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook