Market Overview:
The global UV-VIS-NIR spectrophotometers 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 UV-VIS-NIR spectrophotometers in various applications such as industrial use, laboratory use, and others. Additionally, the growing awareness about the benefits of using UV-VIS-NIR spectrophotometers is also contributing to the growth of this market.
Product Definition:
UV-VIS-NIR Spectrophotometers are devices that measure the amount of light absorbed, scattered, or transmitted by a sample. This information can be used to determine the composition and concentration of molecules in a sample. UV-VIS-NIR Spectrophotometers are important for many applications, including analytical chemistry, material science, and biology.
Single Monochromator:
Single monochromator is a device that can produce different colored light using the same source of raw material. It is used in spectrophotometers to measure the intensity of one color at a time. The most common application of single monochromators are in flame detectors, where they are used to detect oxygen or other oxidizing agents in an environment.
Double Monochromator:
Double monochromator is a device that can separate different colors of light using different wavelengths. It is used in spectrophotometers to measure the intensity of various lights. The main function of a spectrophotometer is to analyze the strength of light or color and determine its properties such as temperature, pressure, or chemical composition.
The major advantage offered by double monochromator in UV-VIS-NIR spectrum photometers market includes high stability.
Application Insights:
The others application segment includes research applications, education and training, and other professional use. The Others segment held the largest market share of more than 50% in 2017. This is due to the growing demand for accurate measurements from various industries such as automotive, construction, etc. Furthermore, increasing government funding for research activities coupled with rising R&D investments by companies are also expected to drive the growth of this segment over the forecast period.
The industrial use application segment is anticipated to witness a significant CAGR of XX% during the forecast period owing to an increase in product adoption across several industries including oil & gas and manufacturing which require UV-Vis-NIR spectrophotometers with high accuracy levels for process control and quality assurance purposes respectively.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of UV-VIS-NIR spectrophotometers, increased R&D investments by various organizations, and high adoption rate for technologically advanced products. The region is expected to maintain its dominance throughout the forecast period owing to continuous technological advancements and growing demand for spectrophotometers from various industrial applications such as pharmaceuticals, food & beverage processing, environmental testing etc.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing government initiatives pertaining toward utilization of UV/Visible light based technologies in different application areas coupled with rising awareness about health & safety issues associated with radiation emissions caused during medical diagnosis using X-ray equipment or CT scans using Gamma camera (Geiger counter). These factors are likely drive regional demand over next six years.
Growth Factors:
- Increasing demand for UV-VIS-NIR Spectrophotometers in the pharmaceutical and biotechnology industries for drug discovery and development.
- Growing demand from research institutes and universities for spectroscopy research applications.
- Increasing use of UV-VIS-NIR Spectrophotometers in process control and quality assurance in various industries such as chemical, petrochemical, food & beverage, etc.
- Rising popularity of portable UV-VIS-NIR Spectrophotometers for field analysis applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
UV-VIS-NIR Spectrophotometers Market Research Report
By Type
Single Monochromator, Double Monochromator
By Application
Industrial Use, Laboratory Use, Others
By Companies
Shimadzu, HITACHI, Agilent Technologies, JASCO, Labindia Instruments, Shimadzu
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global UV-VIS-NIR Spectrophotometers Market Report Segments:
The global UV-VIS-NIR Spectrophotometers market is segmented on the basis of:
Types
Single Monochromator, Double Monochromator
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
Industrial Use, Laboratory Use, 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:
- Shimadzu
- HITACHI
- Agilent Technologies
- JASCO
- Labindia Instruments
- Shimadzu
Highlights of The UV-VIS-NIR Spectrophotometers 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:
- Single Monochromator
- Double Monochromator
- By Application:
- Industrial Use
- Laboratory Use
- 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 UV-VIS-NIR Spectrophotometers 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?
UV-VIS-NIR spectrophotometers are used to measure the wavelength of light that is emitted and absorbed by a substance. This information can be used to determine the chemical composition of the substance.
Some of the major players in the uv-vis-nir spectrophotometers market are Shimadzu, HITACHI, Agilent Technologies, JASCO, Labindia Instruments, Shimadzu.
The uv-vis-nir spectrophotometers 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 UV-VIS-NIR Spectrophotometers 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 UV-VIS-NIR Spectrophotometers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 UV-VIS-NIR Spectrophotometers 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 UV-VIS-NIR Spectrophotometers 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 UV-VIS-NIR Spectrophotometers Market Size & Forecast, 2020-2028 4.5.1 UV-VIS-NIR Spectrophotometers Market Size and Y-o-Y Growth 4.5.2 UV-VIS-NIR Spectrophotometers 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 Single Monochromator
5.2.2 Double Monochromator
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 Industrial Use
6.2.2 Laboratory Use
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UV-VIS-NIR Spectrophotometers 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 UV-VIS-NIR Spectrophotometers 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 Single Monochromator
9.6.2 Double Monochromator
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 Industrial Use
9.10.2 Laboratory Use
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 Single Monochromator
10.6.2 Double Monochromator
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 Industrial Use
10.10.2 Laboratory Use
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 Single Monochromator
11.6.2 Double Monochromator
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 Industrial Use
11.10.2 Laboratory Use
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 Single Monochromator
12.6.2 Double Monochromator
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 Industrial Use
12.10.2 Laboratory Use
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 Single Monochromator
13.6.2 Double Monochromator
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 Industrial Use
13.10.2 Laboratory Use
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 UV-VIS-NIR Spectrophotometers Market: Competitive Dashboard
14.2 Global UV-VIS-NIR Spectrophotometers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shimadzu
14.3.2 HITACHI
14.3.3 Agilent Technologies
14.3.4 JASCO
14.3.5 Labindia Instruments
14.3.6 Shimadzu