Market Overview:
The global laboratory photometers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for accurate and reliable analytical instruments for various applications in research laboratories, process control laboratories, and others. In addition, the growing trend of miniaturization is also contributing to the growth of this market. Based on type, the global laboratory photometers market can be segmented into solid form samples, liquid form samples, powder form samples, and granule form samples. Of these segments, the solid form sample segment is expected to account for a major share of the global laboratory photometers market during the forecast period owing to its high accuracy and reliability.
Product Definition:
A laboratory photometer is a device used to measure the amount of light that passes through or is emitted from a sample. The amount of light can be measured in terms of its intensity, wavelength, or color. Laboratory photometers are used to measure the brightness of stars, the composition of materials, and other scientific purposes.
Solid Form Samples:
Solid form samples are used in photometers to measure light intensity or color. They are also known as controlled substance/device (CS/D) samples, which is a formal procedure for testing the purity of chemicals and drugs. These solid forms can be easily converted into liquid forms by melting them under controlled conditions.
The major factor that propels the growth of this market includes increasing demand for laboratory quality photometers due to rising need for accurate results from various research studies.
Liquid Form Samples:
Liquid form samples are used in photometers to measure light absorption, transmittance or reflectance. These liquid forms can be a solution, gel or any other type of carrier that is capable of transporting the analyte. The most commonly used liquid form sample is Solution Photometer (SP). It measures the light intensity that is absorbed by a solution and reported as international units (IOU) per unit volume concentration.
Application Insights:
The others application segment includes quality control laboratories, environmental monitoring laboratories and medical testing & diagnostic laboratories. The process control laboratory is estimated to be the fastest-growing application segment over the forecast period owing to an increase in demand for precise measurement devices for industrial processes.
The research laboratory is estimated to be the largest consumer of these devices as they are used for measuring various physical properties of samples including temperature, density and light intensity etc. They are also used in various other applications such as quality control and process monitoring during drug manufacturing or fermentation processes in biotechnology companies or during chemical synthesis at a large scale etc. However, high initial investment coupled with advanced technology required for product development hampers its growth rate in this region comparatively speaking with other regions across the globe where it has been growing rapidly due to increased demand from process controllaboratories over recent years.
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 laboratories in this region. Moreover, increasing R&D activities undertaken by various companies for development of new products is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the coming years owing to rising demand from end-use industries such as pharmaceuticals, food & beverages, and others for laboratory testing services. The growing medical sector especially in developing countries such as India and China are further expected fuel regional demand during the forecast period.
Growth Factors:
- Increasing demand for laboratory photometers in the pharmaceutical and biotechnology industries for drug discovery and development processes.
- Growing demand from academic research institutes for use in life science research applications.
- Increasing use of laboratory photometers in quality control and process monitoring applications across various industries.
- Technological advancements that are resulting in the development of more sophisticated and user-friendly laboratory photometers models.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Photometers Market Research Report
By Type
Solid Form Samples, Liquid Form Samples, Powder Form Samples, Granule Form Samples
By Application
Research Laboratory, Process Control Laboratory, Others
By Companies
Thermo Fisher Scientific, PCE Instruments, Hach, Konica Minolta, Hunter Associates Laboratory, 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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Photometers Market Report Segments:
The global Laboratory Photometers market is segmented on the basis of:
Types
Solid Form Samples, Liquid Form Samples, Powder Form Samples, Granule Form Samples
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
- PCE Instruments
- Hach
- Konica Minolta
- Hunter Associates Laboratory
- Thermo Fisher Scientific
Highlights of The Laboratory Photometers 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:
- Solid Form Samples
- Liquid Form Samples
- Powder Form Samples
- Granule Form Samples
- 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 Photometers 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
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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 photometer is a device used to measure the amount of light that falls on an object.
Some of the major companies in the laboratory photometers market are Thermo Fisher Scientific, PCE Instruments, Hach, Konica Minolta, Hunter Associates Laboratory, Thermo Fisher Scientific.
The laboratory photometers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laboratory Photometers 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 Photometers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory Photometers 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 Photometers 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 Photometers Market Size & Forecast, 2020-2028
4.5.1 Laboratory Photometers Market Size and Y-o-Y Growth
4.5.2 Laboratory Photometers 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 Solid Form Samples
5.2.2 Liquid Form Samples
5.2.3 Powder Form Samples
5.2.4 Granule Form Samples
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 Photometers 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 Photometers 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 Solid Form Samples
9.6.2 Liquid Form Samples
9.6.3 Powder Form Samples
9.6.4 Granule Form Samples
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 Solid Form Samples
10.6.2 Liquid Form Samples
10.6.3 Powder Form Samples
10.6.4 Granule Form Samples
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 Solid Form Samples
11.6.2 Liquid Form Samples
11.6.3 Powder Form Samples
11.6.4 Granule Form Samples
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 Solid Form Samples
12.6.2 Liquid Form Samples
12.6.3 Powder Form Samples
12.6.4 Granule Form Samples
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 Solid Form Samples
13.6.2 Liquid Form Samples
13.6.3 Powder Form Samples
13.6.4 Granule Form Samples
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 Photometers Market: Competitive Dashboard
14.2 Global Laboratory Photometers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 PCE Instruments
14.3.3 Hach
14.3.4 Konica Minolta
14.3.5 Hunter Associates Laboratory
14.3.6 Thermo Fisher Scientific
