Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Laser-induced Plasma Spectrometers Market by Type (Handheld, Desktop), By Application (Pharmaceutical, Industrial, Environmental Testing, Biotechnology, Food & Beverage, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Laser-induced Plasma Spectrometers Market by Type (Handheld, Desktop), By Application (Pharmaceutical, Industrial, Environmental Testing, Biotechnology, Food & Beverage, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 306117 4200 Machinery & Equipment 377 173 Pages 4.8 (43)
                                          

Market Overview:


The global laser-induced plasma 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 handheld and desktop laser-induced plasma spectrometers from various application segments such as pharmaceutical, industrial, environmental testing, biotechnology, food & beverage and others. Additionally, the growing demand for these devices from regions such as North America, Latin America, Europe Asia Pacific and Middle East & Africa is also contributing to the growth of this market.


Global Laser-induced Plasma Spectrometers Industry Outlook


Product Definition:


Laser-induced plasma spectrometers use lasers to create a plasma, which is then used to produce spectral lines. These devices are used to measure the spectral lines of elements in a sample. The importance of laser-induced plasma spectrometers is that they can be used to accurately measure the concentrations of elements in a sample.


Handheld:


Handheld, it's usage and growth factor in Laser-induced Plasma Spectrometers market is expected to witness significant growth over the forecast period. The major drivers for this market are increasing demand for handheld devices due to growing number of applications in various fields such as biotechnology, pharmaceuticals and food industries. Moreover, technological advancements have led to introduction of advanced handheld devices with improved features which has further propelled the market growth.


Global Handheld, it's usage.


Desktop:


The desktop is the equipment used to create and modify a large number of spectra in order to perform quantitative analysis. It is also used as an interface between different instruments that require data from one or more spectrum ranges. The desktop can be further classified into two types, namely stationary and portable/laptop desktops.


Application Insights:


The environmental testing segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to the rising demand for LIP spectrometers for air, water and soil testing applications across various industries. For instance, according to a study published by researchers from University of Delaware, U.S., it is estimated that around USD 60 million worth of pharmaceuticals are discarded every year due to their expiry date which goes unsold after being stored at room temperature for more than six months. This is expected to increase the demand for laser-induced plasma (LIP) spectrometers over the forecast period as they are used for analyzing drug stability & quality as well as determining if a drug has been altered while in storage or during transit through transportation media such as water and soil samples taken from construction sites and landfills respectively.


Regional Analysis:


North America dominated the global market in 2017. This can be attributed to the presence of a large number of research organizations and universities involved in R&D activities related to laser-induced plasma spectrometry. The region is expected to maintain its dominance throughout the forecast period owing to increasing R&D investments by various companies and rising adoption of LIDAR for industrial, environmental, and food testing applications.


Asia Pacific regional market captured significant share in 2017 due to increased government spending on healthcare infrastructure development coupled with growing awareness regarding health hazards associated with contaminated water supply systems, which are anticipated drive demand for LIDAR-based water contamination analysis over the forecast period. In addition, rapid urbanization coupled with limited regulatory framework pertaining towards safety standards pertaining towards lasers used for scientific research is also expected fuel growth over the next eight years.


Growth Factors:


  • Increasing demand for laser-induced plasma spectrometers from the semiconductor and flat panel display industries for quality control and process monitoring.
  • Growing popularity of laser-induced plasma spectrometers in the environmental testing market for air quality monitoring, water analysis, and soil analysis.
  • Rising demand from research institutes and universities for use in elemental analysis, isotope ratio measurements, and trace element detection.
  • Development of new applications such as food safety testing, homeland security & defense, pharmaceuticals & biotechnology that require high performance laser-induced plasma spectrometers with superior sensitivity and accuracy levels.

Scope Of The Report

Report Attributes

Report Details

Report Title

Laser-induced Plasma Spectrometers Market Research Report

By Type

Handheld, Desktop

By Application

Pharmaceutical, Industrial, Environmental Testing, Biotechnology, Food & Beverage, Others

By Companies

Spectro, Shimadzu, Sentech, Hiden Analytical, Nu Instruments, Avantes, Labcompare, Optech Solutions, Beijing Huake Tiancheng, B&W Tek, Firestar Technologies, TSI

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

173

Number of Tables & Figures

122

Customization Available

Yes, the report can be customized as per your need.


Global Laser-induced Plasma Spectrometers Market Report Segments:

The global Laser-induced Plasma Spectrometers market is segmented on the basis of:

Types

Handheld, Desktop

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, Industrial, Environmental Testing, Biotechnology, Food & Beverage, 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:

  1. Spectro
  2. Shimadzu
  3. Sentech
  4. Hiden Analytical
  5. Nu Instruments
  6. Avantes
  7. Labcompare
  8. Optech Solutions
  9. Beijing Huake Tiancheng
  10. B&W Tek
  11. Firestar Technologies
  12. TSI

Global Laser-induced Plasma Spectrometers Market Overview


Highlights of The Laser-induced Plasma Spectrometers Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Handheld
    2. Desktop
  1. By Application:

    1. Pharmaceutical
    2. Industrial
    3. Environmental Testing
    4. Biotechnology
    5. Food & Beverage
    6. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Laser-induced Plasma 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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Global Laser-induced Plasma Spectrometers Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Laser-induced plasma spectrometers (LIPS) are a type of instrument used to measure the composition of gases and plasmas. They use a laser to create an intense, short-lived plasma in which the gas or plasma can be studied. LIPS can be used to study atmospheric chemistry, space science, and nuclear weapons testing.

Some of the major companies in the laser-induced plasma spectrometers market are Spectro, Shimadzu, Sentech, Hiden Analytical, Nu Instruments, Avantes, Labcompare, Optech Solutions, Beijing Huake Tiancheng, B&W Tek, Firestar Technologies, TSI.

The laser-induced plasma 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 Laser-induced Plasma 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 Laser-induced Plasma Spectrometers Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Laser-induced Plasma 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 Laser-induced Plasma 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 Laser-induced Plasma Spectrometers Market Size & Forecast, 2020-2028       4.5.1 Laser-induced Plasma Spectrometers Market Size and Y-o-Y Growth       4.5.2 Laser-induced Plasma 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 Handheld
      5.2.2 Desktop
   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 Pharmaceutical
      6.2.2 Industrial
      6.2.3 Environmental Testing
      6.2.4 Biotechnology
      6.2.5 Food & Beverage
      6.2.6 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Laser-induced Plasma 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 Laser-induced Plasma 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 Handheld
      9.6.2 Desktop
   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 Pharmaceutical
      9.10.2 Industrial
      9.10.3 Environmental Testing
      9.10.4 Biotechnology
      9.10.5 Food & Beverage
      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 Handheld
      10.6.2 Desktop
   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 Pharmaceutical
      10.10.2 Industrial
      10.10.3 Environmental Testing
      10.10.4 Biotechnology
      10.10.5 Food & Beverage
      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 Handheld
      11.6.2 Desktop
   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 Pharmaceutical
      11.10.2 Industrial
      11.10.3 Environmental Testing
      11.10.4 Biotechnology
      11.10.5 Food & Beverage
      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 Handheld
      12.6.2 Desktop
   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 Pharmaceutical
      12.10.2 Industrial
      12.10.3 Environmental Testing
      12.10.4 Biotechnology
      12.10.5 Food & Beverage
      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 Handheld
      13.6.2 Desktop
   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 Pharmaceutical
      13.10.2 Industrial
      13.10.3 Environmental Testing
      13.10.4 Biotechnology
      13.10.5 Food & Beverage
      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 Laser-induced Plasma Spectrometers Market: Competitive Dashboard
   14.2 Global Laser-induced Plasma Spectrometers Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Spectro
      14.3.2 Shimadzu
      14.3.3 Sentech
      14.3.4 Hiden Analytical
      14.3.5 Nu Instruments
      14.3.6 Avantes
      14.3.7 Labcompare
      14.3.8 Optech Solutions
      14.3.9 Beijing Huake Tiancheng
      14.3.10 B&W Tek
      14.3.11 Firestar Technologies
      14.3.12 TSI

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