Market Overview:
The global optical emission spectroscopy market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for optical emission spectroscopy in various applications such as oil & gas, metals and heavy machinery, automotive, scrap and recycling, aerospace & defense, chemicals, infrastructure pharmaceutics and life sciences sectors. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to the growing industrial sector in countries such as China and India.
Product Definition:
Optical emission spectroscopy (OES) is a technique used to measure the elemental composition of a material. The light emitted from the material is analyzed to determine which elements are present. OES can be used to identify unknown substances or to monitor the progress of a chemical reaction.
Arc/Spark Optical Emission Spectroscopy:
The global arc/spark optical emission spectroscopy market size was valued at USD 5.0 billion in 2016 and is expected to witness a CAGR of XX% over the forecast period.
Inductively Coupled Plasma Optical Emission Spectroscopy:
Inductively coupled plasma optical emission spectroscopy (ICP-OES) is a technique that allows the measurement of trace elements in complex mixtures. It is based on the principle of collision between a vaporized sample and probes molecules, which produces an ionization beam with optically active particles.
Application Insights:
The oil and gas application segment accounted for the largest market share in 2017. The application of OES has witnessed a paradigm shift due to its ability to provide real-time information on a molecular level. It is being widely used in the upstream and downstream sectors of the oil and gas value chain, such as exploration, production, refining, marketing & transportation. The technology provides critical information for optimizing processes during each phase of oil refining from crude extraction through to finished product consumption or disposal.
The metals and heavy machinery sector is expected to witness significant growth over the forecast period owing to increasing demand for steel products across various end-use industries including construction equipment manufacturing industry worldwide. Optical emission spectroscopes are used extensively during metalurgical processes such as cutting/grinding/ welding operations in heavy machinery manufacturing industry globally due to their ability detect extremely small details at high speeds with extreme accuracy making them an ideal solution over other conventional technologies available in the market currently (such as x-ray).
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of petrochemical plants and oil refineries in U.S. The region is expected to maintain its dominance over the forecast period due to increasing demand for energy-efficient lighting, growing pharmaceutical industry, and expanding chemical manufacturing sector.
The Asia Pacific regional market is anticipated to grow at a lucrative rate over the forecast period owing to rapid industrialization along with rising investments in infrastructure development across countries such as China, India, Japan, South Korea & Australia. Moreover, favorable government policies encouraging FDI are also likely boost regional growth during the forecast years from 2018 to 2030 timeframe.
Europe accounted for more than 25% share of global revenue in 2017 on account of high penetration rates observed within major economies including Germany and U.K., which are among Europe’s largest emitters globally based on 2016 data published by OSPAR International (OSPAR International Emission Inventory).
Growth Factors:
- Increasing demand for optical emission spectroscopy in various industries such as automotive, aerospace, and defense for quality control and research purposes.
- Growing popularity of optical emission spectroscopy technique owing to its advantages such as high accuracy, repeatability, and precision over other techniques.
- Proliferation of portable devices that can be used for on-site analysis is expected to boost the growth of the market during the forecast period.
- Rising number of conferences and symposiums related to optical emission spectroscopy is anticipated to create awareness about this technology among potential users across the globe.
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Emission Spectroscopy Market Research Report
By Type
Arc/Spark Optical Emission Spectroscopy, Inductively Coupled Plasma Optical Emission Spectroscopy
By Application
Oil & Gas, Metals and Heavy Machinery, Automotive, Scrap and Recycling, Aerospace & Defense, Chemicals, Infrastructure, Pharmaceuticals and Life Sciences, Power Generation
By Companies
Thermo Fisher Scientific, Bruker, Hitachi High-Technologies, Ametek, Shimadzu, Horiba, Perkinelmer, Agilent Technologies, Skyray Instrument, Analytik Jena for Endress+Hauser, Thermo Fisher Scientific, Spectro Scientific Inc., GBC Scientific Equipment Pty Ltd, Teledyne Leeman Labs, GNR Analytical Instruments Group, SGS, Bureau Veritas, Intertek, TUV SUD, Element Materials Technology, TUV Rheinland
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
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Optical Emission Spectroscopy Market Report Segments:
The global Optical Emission Spectroscopy market is segmented on the basis of:
Types
Arc/Spark Optical Emission Spectroscopy, Inductively Coupled Plasma Optical Emission Spectroscopy
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
Oil & Gas, Metals and Heavy Machinery, Automotive, Scrap and Recycling, Aerospace & Defense, Chemicals, Infrastructure, Pharmaceuticals and Life Sciences, Power Generation
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
- Hitachi High-Technologies
- Ametek
- Shimadzu
- Horiba
- Perkinelmer
- Agilent Technologies
- Skyray Instrument
- Analytik Jena for Endress+Hauser
- Thermo Fisher Scientific
- Spectro Scientific Inc.
- GBC Scientific Equipment Pty Ltd
- Teledyne Leeman Labs
- GNR Analytical Instruments Group
- SGS
- Bureau Veritas
- Intertek
- TUV SUD
- Element Materials Technology
- TUV Rheinland
Highlights of The Optical Emission Spectroscopy 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:
- Arc/Spark Optical Emission Spectroscopy
- Inductively Coupled Plasma Optical Emission Spectroscopy
- By Application:
- Oil & Gas
- Metals and Heavy Machinery
- Automotive
- Scrap and Recycling
- Aerospace & Defense
- Chemicals
- Infrastructure
- Pharmaceuticals and Life Sciences
- Power Generation
- 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 Optical Emission Spectroscopy 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:
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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?
Optical emission spectroscopy (OES) is a technique used to study the structure and properties of matter by measuring the light that is emitted when an object or material emits radiation.
Some of the major players in the optical emission spectroscopy market are Thermo Fisher Scientific, Bruker, Hitachi High-Technologies, Ametek, Shimadzu, Horiba, Perkinelmer, Agilent Technologies, Skyray Instrument, Analytik Jena for Endress+Hauser, Thermo Fisher Scientific, Spectro Scientific Inc., GBC Scientific Equipment Pty Ltd, Teledyne Leeman Labs, GNR Analytical Instruments Group, SGS, Bureau Veritas, Intertek, TUV SUD, Element Materials Technology, TUV Rheinland.
The optical emission spectroscopy 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 Optical Emission Spectroscopy 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 Optical Emission Spectroscopy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Emission Spectroscopy 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 Optical Emission Spectroscopy 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 Optical Emission Spectroscopy Market Size & Forecast, 2018-2028
4.5.1 Optical Emission Spectroscopy Market Size and Y-o-Y Growth
4.5.2 Optical Emission Spectroscopy Market Absolute $ Opportunity
Chapter 5 Global Optical Emission Spectroscopy 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 Optical Emission Spectroscopy Market Size Forecast by Type
5.2.1 Arc/Spark Optical Emission Spectroscopy
5.2.2 Inductively Coupled Plasma Optical Emission Spectroscopy
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Emission Spectroscopy 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 Optical Emission Spectroscopy Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Metals and Heavy Machinery
6.2.3 Automotive
6.2.4 Scrap and Recycling
6.2.5 Aerospace & Defense
6.2.6 Chemicals
6.2.7 Infrastructure
6.2.8 Pharmaceuticals and Life Sciences
6.2.9 Power Generation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Emission Spectroscopy 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 Optical Emission Spectroscopy 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 Optical Emission Spectroscopy Analysis and Forecast
9.1 Introduction
9.2 North America Optical Emission Spectroscopy 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 Optical Emission Spectroscopy Market Size Forecast by Type
9.6.1 Arc/Spark Optical Emission Spectroscopy
9.6.2 Inductively Coupled Plasma Optical Emission Spectroscopy
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 Optical Emission Spectroscopy Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Metals and Heavy Machinery
9.10.3 Automotive
9.10.4 Scrap and Recycling
9.10.5 Aerospace & Defense
9.10.6 Chemicals
9.10.7 Infrastructure
9.10.8 Pharmaceuticals and Life Sciences
9.10.9 Power Generation
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 Optical Emission Spectroscopy Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Emission Spectroscopy 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 Optical Emission Spectroscopy Market Size Forecast by Type
10.6.1 Arc/Spark Optical Emission Spectroscopy
10.6.2 Inductively Coupled Plasma Optical Emission Spectroscopy
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 Optical Emission Spectroscopy Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Metals and Heavy Machinery
10.10.3 Automotive
10.10.4 Scrap and Recycling
10.10.5 Aerospace & Defense
10.10.6 Chemicals
10.10.7 Infrastructure
10.10.8 Pharmaceuticals and Life Sciences
10.10.9 Power Generation
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 Optical Emission Spectroscopy Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Emission Spectroscopy 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 Optical Emission Spectroscopy Market Size Forecast by Type
11.6.1 Arc/Spark Optical Emission Spectroscopy
11.6.2 Inductively Coupled Plasma Optical Emission Spectroscopy
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 Optical Emission Spectroscopy Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Metals and Heavy Machinery
11.10.3 Automotive
11.10.4 Scrap and Recycling
11.10.5 Aerospace & Defense
11.10.6 Chemicals
11.10.7 Infrastructure
11.10.8 Pharmaceuticals and Life Sciences
11.10.9 Power Generation
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 Optical Emission Spectroscopy Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Emission Spectroscopy 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 Optical Emission Spectroscopy Market Size Forecast by Type
12.6.1 Arc/Spark Optical Emission Spectroscopy
12.6.2 Inductively Coupled Plasma Optical Emission Spectroscopy
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 Optical Emission Spectroscopy Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Metals and Heavy Machinery
12.10.3 Automotive
12.10.4 Scrap and Recycling
12.10.5 Aerospace & Defense
12.10.6 Chemicals
12.10.7 Infrastructure
12.10.8 Pharmaceuticals and Life Sciences
12.10.9 Power Generation
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) Optical Emission Spectroscopy Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Emission Spectroscopy 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) Optical Emission Spectroscopy Market Size Forecast by Type
13.6.1 Arc/Spark Optical Emission Spectroscopy
13.6.2 Inductively Coupled Plasma Optical Emission Spectroscopy
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) Optical Emission Spectroscopy Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Metals and Heavy Machinery
13.10.3 Automotive
13.10.4 Scrap and Recycling
13.10.5 Aerospace & Defense
13.10.6 Chemicals
13.10.7 Infrastructure
13.10.8 Pharmaceuticals and Life Sciences
13.10.9 Power Generation
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 Optical Emission Spectroscopy Market: Competitive Dashboard
14.2 Global Optical Emission Spectroscopy 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 Hitachi High-Technologies
14.3.4 Ametek
14.3.5 Shimadzu
14.3.6 Horiba
14.3.7 Perkinelmer
14.3.8 Agilent Technologies
14.3.9 Skyray Instrument
14.3.10 Analytik Jena for Endress+Hauser
14.3.11 Thermo Fisher Scientific
14.3.12 Spectro Scientific Inc.
14.3.13 GBC Scientific Equipment Pty Ltd
14.3.14 Teledyne Leeman Labs
14.3.15 GNR Analytical Instruments Group
14.3.16 SGS
14.3.17 Bureau Veritas
14.3.18 Intertek
14.3.19 TUV SUD
14.3.20 Element Materials Technology
14.3.21 TUV Rheinland
