Market Overview:
The global ICP-OES market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for ICP-OES in various applications such as pharmaceutical industry, environmental analysis, metallurgical and others. Additionally, the growing awareness about benefits of using ICP-OES over other spectrometric techniques is also propelling the growth of this market. However, high cost associated with installation and maintenance of ICP-OES systems may restrain the growth of this market to some extent during the forecast period.
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Product Definition:
An ICP-Optical Emission Spectrometer (ICP-OES) is a device used to measure the concentration of various elements in a sample. It does this by measuring the intensity of light emitted from the sample as it is vaporized. This information can then be used to determine the concentration of various elements in the sample.
Sequential Type:
Sequential type is a method of analyzing the composition by observing the characteristic lines or bands which are formed by elements in a definite order. The most common forms of sequential analysis are gas chromatography, mass spectrometry and nuclear magnetic resonance (NMR). Sequential type is mostly used for determining unknown compounds and it's application ranges from drug discovery to petroleum exploration.
Simultaneous Type:
The simultaneous type is a method to separate the different components of a compound by analyzing them at the same time. It helps in increasing the speed and accuracy of results. The most common application of this technique is in ICP-OES, where it helps in measuring multiple elements simultaneously with high precision.
In an ICP-OES, there are two types of detectors: primary.
Application Insights:
The global demand for ICP-OES has witnessed a paradigm shift due to its applications in various industries such as pharmaceutical, environmental analysis, metallurgical and others. In terms of revenue, the environmental analysis segment dominated the global market with a share of 24.3% in 2017 owing to extensive usage for analyzing samples from surface and groundwater. The product is also used extensively by laboratories across the globe that conduct tests related to air pollution or ground water contamination on a daily basis.
The growing awareness among general public regarding environment degradation coupled with increasing government regulations pertaining to it has led major manufacturers towards developing instruments that can precisely measure small quantities of elements present in air or soil samples along with identifying their sources at an early stage would help them act upon corrective measures much earlier than anticipated which is expected to drive growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D activities and technological advancements in this region. Moreover, presence of major pharmaceutical companies such as Merck KGaA, Pfizer Inc., and Sanofi are also contributing towards growth of this regional market.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising demand for environmental monitoring applications coupled with rapid industrialization in emerging economies such as China and India. In addition, growing mining industry due to availability of minerals on a large scale will also drive product demand over the next eight years which will benefit Asia Pacific ICP-OES market most likely causing it to surpass North America by 2030 (yearly average).
Growth Factors:
- Increasing demand for ICP-OES in various industrial applications such as metal analysis, environmental monitoring, and food & beverage testing is driving the growth of the market.
- The growing popularity of ICP-OES owing to its advantages such as high accuracy and repeatability is propelling the growth of the market.
- The increasing R&D investments for developing new and advanced ICP-OES systems is fueling the growth of this market.
- Growing demand from emerging economies for analytical instruments is providing opportunities for expansion in this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
ICP-Optical Emission Spectrometer (ICP-OES) Market Research Report
By Type
Sequential Type, Simultaneous Type
By Application
Pharmaceutical Industry, Enviromental Analysis, Metallurgical, Others
By Companies
Agilent, Analytik Jena, FPI, GBC, Hitachi High-Technologies Corporation, Horiba, Huaketiancheng, PerkinElmer, Shimadzu, Skyray Instrument, Spectro, Teledyne Leeman Labs, Thermo Fisher Scientific
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global ICP-Optical Emission Spectrometer (ICP-OES) Market Report Segments:
The global ICP-Optical Emission Spectrometer (ICP-OES) market is segmented on the basis of:
Types
Sequential Type, Simultaneous Type
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
Pharmaceutical Industry, Enviromental Analysis, Metallurgical, 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:
- Agilent
- Analytik Jena
- FPI
- GBC
- Hitachi High-Technologies Corporation
- Horiba
- Huaketiancheng
- PerkinElmer
- Shimadzu
- Skyray Instrument
- Spectro
- Teledyne Leeman Labs
- Thermo Fisher Scientific
 Market Overview.svg)
Highlights of The ICP-Optical Emission Spectrometer (ICP-OES) 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:
- Sequential Type
- Simultaneous Type
- By Application:
- Pharmaceutical Industry
- Enviromental Analysis
- Metallurgical
- 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 ICP-Optical Emission Spectrometer (ICP-OES) 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
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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?
An ICP-OES instrument measures the amount of light that is emitted from a sample and then uses this information to determine the chemical composition of the sample.
Some of the major companies in the icp-optical emission spectrometer (icp-oes) market are Agilent, Analytik Jena, FPI, GBC, Hitachi High-Technologies Corporation, Horiba, Huaketiancheng, PerkinElmer, Shimadzu, Skyray Instrument, Spectro, Teledyne Leeman Labs, Thermo Fisher Scientific.
The icp-optical emission spectrometer (icp-oes) 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 ICP-Optical Emission Spectrometer (ICP-OES) 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 ICP-Optical Emission Spectrometer (ICP-OES) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ICP-Optical Emission Spectrometer (ICP-OES) 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 ICP-Optical Emission Spectrometer (ICP-OES) 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 ICP-Optical Emission Spectrometer (ICP-OES) Market Size & Forecast, 2018-2028
4.5.1 ICP-Optical Emission Spectrometer (ICP-OES) Market Size and Y-o-Y Growth
4.5.2 ICP-Optical Emission Spectrometer (ICP-OES) Market Absolute $ Opportunity
Chapter 5 Global ICP-Optical Emission Spectrometer (ICP-OES) 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 ICP-Optical Emission Spectrometer (ICP-OES) Market Size Forecast by Type
5.2.1 Sequential Type
5.2.2 Simultaneous Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global ICP-Optical Emission Spectrometer (ICP-OES) 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 ICP-Optical Emission Spectrometer (ICP-OES) Market Size Forecast by Applications
6.2.1 Pharmaceutical Industry
6.2.2 Enviromental Analysis
6.2.3 Metallurgical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ICP-Optical Emission Spectrometer (ICP-OES) 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 ICP-Optical Emission Spectrometer (ICP-OES) 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 ICP-Optical Emission Spectrometer (ICP-OES) Analysis and Forecast
9.1 Introduction
9.2 North America ICP-Optical Emission Spectrometer (ICP-OES) 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 ICP-Optical Emission Spectrometer (ICP-OES) Market Size Forecast by Type
9.6.1 Sequential Type
9.6.2 Simultaneous Type
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 ICP-Optical Emission Spectrometer (ICP-OES) Market Size Forecast by Applications
9.10.1 Pharmaceutical Industry
9.10.2 Enviromental Analysis
9.10.3 Metallurgical
9.10.4 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 ICP-Optical Emission Spectrometer (ICP-OES) Analysis and Forecast
10.1 Introduction
10.2 Europe ICP-Optical Emission Spectrometer (ICP-OES) 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 ICP-Optical Emission Spectrometer (ICP-OES) Market Size Forecast by Type
10.6.1 Sequential Type
10.6.2 Simultaneous Type
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 ICP-Optical Emission Spectrometer (ICP-OES) Market Size Forecast by Applications
10.10.1 Pharmaceutical Industry
10.10.2 Enviromental Analysis
10.10.3 Metallurgical
10.10.4 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 ICP-Optical Emission Spectrometer (ICP-OES) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific ICP-Optical Emission Spectrometer (ICP-OES) 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 ICP-Optical Emission Spectrometer (ICP-OES) Market Size Forecast by Type
11.6.1 Sequential Type
11.6.2 Simultaneous Type
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 ICP-Optical Emission Spectrometer (ICP-OES) Market Size Forecast by Applications
11.10.1 Pharmaceutical Industry
11.10.2 Enviromental Analysis
11.10.3 Metallurgical
11.10.4 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 ICP-Optical Emission Spectrometer (ICP-OES) Analysis and Forecast
12.1 Introduction
12.2 Latin America ICP-Optical Emission Spectrometer (ICP-OES) 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 ICP-Optical Emission Spectrometer (ICP-OES) Market Size Forecast by Type
12.6.1 Sequential Type
12.6.2 Simultaneous Type
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 ICP-Optical Emission Spectrometer (ICP-OES) Market Size Forecast by Applications
12.10.1 Pharmaceutical Industry
12.10.2 Enviromental Analysis
12.10.3 Metallurgical
12.10.4 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) ICP-Optical Emission Spectrometer (ICP-OES) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) ICP-Optical Emission Spectrometer (ICP-OES) 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) ICP-Optical Emission Spectrometer (ICP-OES) Market Size Forecast by Type
13.6.1 Sequential Type
13.6.2 Simultaneous Type
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) ICP-Optical Emission Spectrometer (ICP-OES) Market Size Forecast by Applications
13.10.1 Pharmaceutical Industry
13.10.2 Enviromental Analysis
13.10.3 Metallurgical
13.10.4 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 ICP-Optical Emission Spectrometer (ICP-OES) Market: Competitive Dashboard
14.2 Global ICP-Optical Emission Spectrometer (ICP-OES) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Agilent
14.3.2 Analytik Jena
14.3.3 FPI
14.3.4 GBC
14.3.5 Hitachi High-Technologies Corporation
14.3.6 Horiba
14.3.7 Huaketiancheng
14.3.8 PerkinElmer
14.3.9 Shimadzu
14.3.10 Skyray Instrument
14.3.11 Spectro
14.3.12 Teledyne Leeman Labs
14.3.13 Thermo Fisher Scientific
