Market Overview:
The global laboratory FTIR spectrometers 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 portable FTIR spectrometers and benchtop FTIR spectrometers due to their advantages over other types of IR spectrometers. Additionally, the growing application of FTIR spectroscopy in research laboratories, process control laboratories, and other applications is also contributing to the growth of this market. However, factors such as high cost and lack of awareness about these devices are restraining its growth in some regions.
Product Definition:
A laboratory FTIR spectrometer is a scientific instrument that is used to measure the infrared spectrum of a sample. The infrared spectrum can be used to identify the molecules in the sample and determine their chemical composition. Laboratory FTIR spectrometers are important tools for chemical analysis and research.
Portable FTIR Spectrometers:
FTIR spectrometers are portable instruments used for measuring the intensity of infrared light as it is reflected by various objects. They work on the principle that infrared radiation is absorbed when an object is heated, and this absorption can be detected by a detector placed at the other end of the optical fiber or coaxial cable. The FTIR spectrum analysis has its applications in food & beverage, pharmaceuticals, biotechnology industries among others.
Benchtop FTIR Spectrometers:
The global benchtop FTIR spectrometers market is expected to witness significant growth over the forecast period. The rise in demand for infrared spectroscopy analysis across various industries such as food & beverage, pharmaceuticals, and chemical industry coupled with technological advancements are some of the factors driving the market growth.
Application Insights:
The others segment held the largest market share in 2017 and is expected to continue its dominance over the forecast period. The other applications include chemical analysis, quality control, and environmental monitoring. Environmental monitoring is of immense importance as a result of global warming caused by increased greenhouse gas emissions. Process control laboratories are used for process optimization in various industries such as oil & gas, food processing, pharmaceuticals etc. These types of laboratories require highly sensitive equipment that can measure small changes in temperature or concentration with great accuracy which makes FTIR spectrometers an essential tool for these applications.
Research laboratory was the fastest-growing application segment owing to rising R&D activities at both domestic.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of research laboratories and process control facilities that use FTIR spectroscopy for various applications. The region is expected to maintain its dominance over the forecast period as well owing to continuous technological advancements in related fields, such as miniaturization and cost-effectiveness. Moreover, growing demand for food testing equipment by regulatory bodies such as FDA (U.S.) and Health Canada is also contributing toward regional growth.
Asia Pacific laboratory FTIR spectrometers market is anticipated to grow at a lucrative rate during the forecast period due to increasing government funding for agricultural research projects along with rising awareness about crop analysis tools among farmers across countries like India, China, Indonesia etc., which are majorly contributing toward regional growth rate of Asia Pacific laboratory FTIR spectrometers market in this study (Thematic Market Investigation).
Growth Factors:
- Increasing demand for quality control and assurance in various industries
- Growing research and development activities in the field of life sciences
- Rising number of product launches by key players to cater to the growing demand for laboratory FTIR spectrometers
- Proliferation of contract research organizations (CROs) and clinical laboratories across the globe
- Increasing adoption of laboratory FTIR spectrometers for drug discovery and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory FTIR Spectrometers Market Research Report
By Type
Portable FTIR Spectrometers, Benchtop FTIR Spectrometers
By Application
Research Laboratory, Process Control Laboratory, Others
By Companies
Thermo Fisher Scientific, Bruker, ABB, Shimadzu, Agilent Technologies, JASCO, 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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory FTIR Spectrometers Market Report Segments:
The global Laboratory FTIR Spectrometers market is segmented on the basis of:
Types
Portable FTIR Spectrometers, Benchtop FTIR Spectrometers
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
Research Laboratory, Process Control Laboratory, 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:
- Thermo Fisher Scientific
- Bruker
- ABB
- Shimadzu
- Agilent Technologies
- JASCO
- Thermo Fisher Scientific
Highlights of The Laboratory FTIR 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:
- Portable FTIR Spectrometers
- Benchtop FTIR Spectrometers
- By Application:
- Research Laboratory
- Process Control Laboratory
- 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 Laboratory FTIR 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.
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- Correctly Positioning New Products
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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 laboratory FTIR spectrometer is a device used to measure the spectral properties of matter. These devices are typically used in chemical and materials research, as well as in the analysis of biological samples.
Some of the key players operating in the laboratory ftir spectrometers market are Thermo Fisher Scientific, Bruker, ABB, Shimadzu, Agilent Technologies, JASCO, Thermo Fisher Scientific.
The laboratory ftir 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 Laboratory FTIR 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 Laboratory FTIR Spectrometers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory FTIR 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 Laboratory FTIR 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 Laboratory FTIR Spectrometers Market Size & Forecast, 2020-2028
4.5.1 Laboratory FTIR Spectrometers Market Size and Y-o-Y Growth
4.5.2 Laboratory FTIR 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 Portable FTIR Spectrometers
5.2.2 Benchtop FTIR Spectrometers
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 Research Laboratory
6.2.2 Process Control Laboratory
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory FTIR 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 Laboratory FTIR 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 Portable FTIR Spectrometers
9.6.2 Benchtop FTIR Spectrometers
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 Research Laboratory
9.10.2 Process Control Laboratory
9.10.3 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 Portable FTIR Spectrometers
10.6.2 Benchtop FTIR Spectrometers
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 Research Laboratory
10.10.2 Process Control Laboratory
10.10.3 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 Portable FTIR Spectrometers
11.6.2 Benchtop FTIR Spectrometers
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 Research Laboratory
11.10.2 Process Control Laboratory
11.10.3 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 Portable FTIR Spectrometers
12.6.2 Benchtop FTIR Spectrometers
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 Research Laboratory
12.10.2 Process Control Laboratory
12.10.3 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 Portable FTIR Spectrometers
13.6.2 Benchtop FTIR Spectrometers
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 Research Laboratory
13.10.2 Process Control Laboratory
13.10.3 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 Laboratory FTIR Spectrometers Market: Competitive Dashboard
14.2 Global Laboratory FTIR Spectrometers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 Bruker
14.3.3 ABB
14.3.4 Shimadzu
14.3.5 Agilent Technologies
14.3.6 JASCO
14.3.7 Thermo Fisher Scientific
