Market Overview:
The global high resolution spectrometers 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 high resolution spectrometers in various applications such as automotive, medical, agriculture, food industry, environmental monitoring and others. Additionally, the growing demand for miniaturized and portable high resolution spectrometers is also contributing to the growth of this market. However, factors such as lack of awareness about benefits offered by high resolution spectrometers and stringent regulatory norms are restraining the growth of this market.
Product Definition:
A high resolution spectrometer is a device used to measure the wavelength of light emitted or absorbed by an object. High resolution spectrometers are important for many applications, including astronomy, medical diagnostics, and chemical analysis.
Molecular spectrometer:
Molecular spectrometer is a device that is used to study the chemical composition of molecules by breaking them down into their constituent parts. It works on the principle that light of a specific wavelength interact with the molecule and gives out light signal which can be analyzed to determine different properties of molecules. The most common applications are in determining molecular weight, studying bond strength between atoms, and measuring ionization etc.
Atomic spectrometer:
Atomic spectrometer is a device used for analyzing the composition of an element by measuring its absorption and emission spectrum. It is one of the most important tools in contemporary analytical chemistry. Atomic spectrometers are extensively used in research & development, quality control, process monitoring as well as environmental analysis for industries such as petroleum, pharmaceuticals chemicals manufacturing etc.
The global high resolution spectrometers market was valued at USD 2.5 billion in 2015.
Application Insights:
The environmental monitoring segment is expected to witness significant growth over the forecast period owing to the rising need for high resolution spectrometers in air, water and soil quality testing. Furthermore, increasing government regulations pertaining to food safety is expected to drive demand for HRSI instruments over the forecast period. The automotive sector was one of the prominent application areas of HRVS and accounted for more than 20% of total market revenue in 2017.
High-resolutionHRVS are used across a wide range of applications including crash tests, rollover test procedures, side impact test procedures and others which involve impact resistance or trauma testing on vehicles. Increasing R&D activities by major players such as Toyota Motor Corporation regarding active safety systems in vehicles are anticipated to further fuel demand over the coming years.
Regional Analysis:
North America held the largest share in 2016 owing to the presence of a large number of global players and increased funding for research & development activities. The region is expected to maintain its dominance over the forecast period due to increasing R&D spending by major companies as well as government agencies.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing demand from end-users, such as pharmaceuticals, food & beverages, automotive and others. Increasing disposable income levels coupled with rapid urbanization in emerging economies such as India and China are likely contributors toward market growth in this region.
Growth Factors:
- Increasing demand for high resolution spectrometers in the pharmaceutical and biotechnology industries for drug discovery and development.
- Growing demand from the food and beverage industry for quality control and analysis of food ingredients.
- Increasing use of high resolution spectrometers in research institutes and universities for advanced scientific research.
- Rising demand from medical diagnostic laboratories for diagnosis of diseases using spectral analysis techniques.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Resolution Spectrometers Market Research Report
By Type
Molecular spectrometer, Atomic spectrometer
By Application
Automotive, Medical, Agriculture, Food Industry, Environmental Monitoring, Others
By Companies
Horiba, Bruker, JEOL Ltd, Ocean Insight, StellarNet, Inc., Thermo Scientific, Agilent Technologies, PerkinElmer, Shimadzu, Hitachi, Zolix, Skyray Instrument, B&W Tek, Analytik Jena
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global High Resolution Spectrometers Market Report Segments:
The global High Resolution Spectrometers market is segmented on the basis of:
Types
Molecular spectrometer, Atomic 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
Automotive, Medical, Agriculture, Food Industry, Environmental Monitoring, Others
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:
- Horiba
- Bruker
- JEOL Ltd
- Ocean Insight
- StellarNet, Inc.
- Thermo Scientific
- Agilent Technologies
- PerkinElmer
- Shimadzu
- Hitachi
- Zolix
- Skyray Instrument
- B&W Tek
- Analytik Jena
Highlights of The High Resolution Spectrometers 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:
- Molecular spectrometer
- Atomic spectrometer
- By Application:
- Automotive
- Medical
- Agriculture
- Food Industry
- Environmental Monitoring
- Others
- 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 High Resolution Spectrometers 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
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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?
A high resolution spectrometer is a type of spectrometer that can resolve smaller spectral lines than other types of spectrometers. This allows the instrument to more accurately identify the chemical elements present in a sample.
Some of the key players operating in the high resolution spectrometers market are Horiba, Bruker, JEOL Ltd, Ocean Insight, StellarNet, Inc., Thermo Scientific, Agilent Technologies, PerkinElmer, Shimadzu, Hitachi, Zolix, Skyray Instrument, B&W Tek, Analytik Jena.
The high resolution spectrometers market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Resolution Spectrometers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Resolution Spectrometers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Resolution Spectrometers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Resolution Spectrometers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Resolution Spectrometers Market Size & Forecast, 2020-2028
4.5.1 High Resolution Spectrometers Market Size and Y-o-Y Growth
4.5.2 High Resolution Spectrometers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Molecular spectrometer
5.2.2 Atomic spectrometer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Medical
6.2.3 Agriculture
6.2.4 Food Industry
6.2.5 Environmental Monitoring
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Resolution Spectrometers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Resolution Spectrometers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Molecular spectrometer
9.6.2 Atomic spectrometer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Medical
9.10.3 Agriculture
9.10.4 Food Industry
9.10.5 Environmental Monitoring
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Molecular spectrometer
10.6.2 Atomic spectrometer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Medical
10.10.3 Agriculture
10.10.4 Food Industry
10.10.5 Environmental Monitoring
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Molecular spectrometer
11.6.2 Atomic spectrometer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Medical
11.10.3 Agriculture
11.10.4 Food Industry
11.10.5 Environmental Monitoring
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Molecular spectrometer
12.6.2 Atomic spectrometer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Medical
12.10.3 Agriculture
12.10.4 Food Industry
12.10.5 Environmental Monitoring
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Molecular spectrometer
13.6.2 Atomic spectrometer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Medical
13.10.3 Agriculture
13.10.4 Food Industry
13.10.5 Environmental Monitoring
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Resolution Spectrometers Market: Competitive Dashboard
14.2 Global High Resolution Spectrometers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Horiba
14.3.2 Bruker
14.3.3 JEOL Ltd
14.3.4 Ocean Insight
14.3.5 StellarNet, Inc.
14.3.6 Thermo Scientific
14.3.7 Agilent Technologies
14.3.8 PerkinElmer
14.3.9 Shimadzu
14.3.10 Hitachi
14.3.11 Zolix
14.3.12 Skyray Instrument
14.3.13 B&W Tek
14.3.14 Analytik Jena
