Market Overview:
The global routine 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 routine spectrometers from various end-use industries, such as pharmaceuticals, industrial, food & beverage, electronics and agriculture. Additionally, the growing demand for routine spectrometers in medical and laboratory applications is also contributing to the growth of this market. However, factors such as high cost of these instruments and lack of skilled professionals are restraining the growth of this market.
Product Definition:
A routine spectrometer is an analytical instrument that is used to measure the amount of light that is absorbed or emitted by a sample. This information can be used to determine the chemical composition of the sample.
Molecular spectrometry:
Molecular spectrometry is a branch of analytical chemistry that deals with the study of chemical compounds by separating them into their component molecules. It's major application includes oil & gas, pharmaceuticals, food & beverage and environmental testing industries. The technique helps in analyzing complex mixtures such as biological fluids (such as blood) and drugs to determine their components (such as proteins) which are then quantified using different types of detectors such as infrared or ultraviolet spectrophotometers.
Atomic spectrometry:
Atomic spectrometry is a branch of science that deals with the study of chemical elements in their natural environment by using various spectroscopic techniques. It provides information about the identity, properties, and interactions of atoms as well as molecules. In routine spectrometers atomic spectrometry plays an important role in determining molecular species by measuring their absorption and emission wavelengths which are used to identify unknown samples or analyze compounds for research purposes.
Application Insights:
The industrial application segment accounted for the largest share in 2015 and is projected to witness significant growth over the forecast period. The spectrometers are used for various applications such as quality control of manufactured products, process monitoring, and process optimization in industries such as pharmaceuticals, food & beverage processing, paper & pulp processing etc. Various types of routine spectrometer tests include massSPECTRUM analyzer test (for quality control), chemical analysis test (for identifying impurities), and others.
Routine use of atomic absorption provides a detailed analysis on metal content in samples ranging from jewelry to petroleum engineering samples. It also finds wide-spread applications including material identification from meteorites to semiconductor wafer testing during manufacturing stages at various levels along with its usage as an analytical tool for mineral exploration activities across several industries including construction materials testing laboratories etc.
Regional Analysis:
North America dominated the global routine spectrometers market in 2017. The growth is attributed to the presence of a large number of prominent players, high adoption rate for advanced technologies, and increasing demand for food & beverage products. In addition, growing use of spectroscopy in pharmaceutical research is expected to drive regional growth over the forecast period.
Asia Pacific region is anticipated to witness lucrative CAGR during the forecast period owing to rising healthcare expenditure by governments as well as private sectors coupled with improving healthcare infrastructure and growing awareness about various diagnostic techniques such as mass Spectrometry techniques used for drug discovery and chemical analysis.
Growth Factors:
- Increasing demand for routine spectrometers in the pharmaceutical and biotechnology industries for drug discovery and development.
- Rising demand from academic research institutes for routine spectrometers to carry out advanced research work.
- Growing application of routine spectrometers in food and beverage industry for quality control purposes.
- Increasing use of routine spectrometers in environmental testing laboratories to detect pollutants in air, water, and soil samples.
Scope Of The Report
Report Attributes
Report Details
Report Title
Routine Spectrometers Market Research Report
By Type
Molecular spectrometry, Atomic spectrometry
By Application
Pharmaceutical, Industrial, Food & Beverage, Electronic, Agriculture, Medical, Lab, Other
By Companies
Thermo Scientific, Agilent Technologies, PerkinElmer, Shimadzu, Spectro, Bruker, Hitachi, Horiba, ABB Ltd., Ocean Insight, Analytik Jena
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Routine Spectrometers Market Report Segments:
The global Routine Spectrometers market is segmented on the basis of:
Types
Molecular spectrometry, Atomic spectrometry
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, Food & Beverage, Electronic, Agriculture, Medical, Lab, Other
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 Scientific
- Agilent Technologies
- PerkinElmer
- Shimadzu
- Spectro
- Bruker
- Hitachi
- Horiba
- ABB Ltd.
- Ocean Insight
- Analytik Jena
Highlights of The Routine 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:
- Molecular spectrometry
- Atomic spectrometry
- By Application:
- Pharmaceutical
- Industrial
- Food & Beverage
- Electronic
- Agriculture
- Medical
- Lab
- Other
- 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 Routine 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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 routine spectrometer is a type of spectrometer that is used to measure the elemental composition of a sample.
Some of the major players in the routine spectrometers market are Thermo Scientific, Agilent Technologies, PerkinElmer, Shimadzu, Spectro, Bruker, Hitachi, Horiba, ABB Ltd., Ocean Insight, Analytik Jena.
The routine spectrometers market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Routine 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 Routine Spectrometers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Routine 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 Routine 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 Routine Spectrometers Market Size & Forecast, 2020-2028 4.5.1 Routine Spectrometers Market Size and Y-o-Y Growth 4.5.2 Routine 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 Molecular spectrometry
5.2.2 Atomic spectrometry
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 Food & Beverage
6.2.4 Electronic
6.2.5 Agriculture
6.2.6 Medical
6.2.7 Lab
6.2.8 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Routine 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 Routine 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 Molecular spectrometry
9.6.2 Atomic spectrometry
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 Food & Beverage
9.10.4 Electronic
9.10.5 Agriculture
9.10.6 Medical
9.10.7 Lab
9.10.8 Other
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 Molecular spectrometry
10.6.2 Atomic spectrometry
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 Food & Beverage
10.10.4 Electronic
10.10.5 Agriculture
10.10.6 Medical
10.10.7 Lab
10.10.8 Other
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 Molecular spectrometry
11.6.2 Atomic spectrometry
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 Food & Beverage
11.10.4 Electronic
11.10.5 Agriculture
11.10.6 Medical
11.10.7 Lab
11.10.8 Other
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 Molecular spectrometry
12.6.2 Atomic spectrometry
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 Food & Beverage
12.10.4 Electronic
12.10.5 Agriculture
12.10.6 Medical
12.10.7 Lab
12.10.8 Other
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 Molecular spectrometry
13.6.2 Atomic spectrometry
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 Food & Beverage
13.10.4 Electronic
13.10.5 Agriculture
13.10.6 Medical
13.10.7 Lab
13.10.8 Other
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 Routine Spectrometers Market: Competitive Dashboard
14.2 Global Routine Spectrometers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Scientific
14.3.2 Agilent Technologies
14.3.3 PerkinElmer
14.3.4 Shimadzu
14.3.5 Spectro
14.3.6 Bruker
14.3.7 Hitachi
14.3.8 Horiba
14.3.9 ABB Ltd.
14.3.10 Ocean Insight
14.3.11 Analytik Jena