Market Overview:
The global visible 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 food safety and quality, rising environmental concerns, and technological advancements in spectrophotometers. The global visible spectrophotometers market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into vis spectrophotometers, UV-Vis Spectrophotometers, and UV-Vis-NIR Spectrophotometers. On the basis of application, the market is segmented into food industry, environmental analysis scientific research others). The food industry accounted for a major share of this market in 2017 owing to increasing demand for safe and quality foods across the globe.
Product Definition:
A visible spectrophotometer is a scientific instrument used to measure the amount of light that is transmitted, reflected, or emitted by a material. The importance of visible spectrophotometers is that they can be used to determine the chemical composition and physical properties of materials.
Vis Spectrophotometers:
Visible spectrophotometers are also known as visual or optical spectrophotometers. They are a type of scientific instrument used to measure the intensity of light, which can be visually perceived. The visible spectrum is the part of the electromagnetic spectrum that can be seen with the human eye; it ranges from 400-700 nm in length and is represented by a series of colors ranging from red to violet.
UV-Vis Spectrophotometers:
UV-Vis spectrophotometers are instruments used for measuring the intensity of UV and visible light. They can measure the intensity of lights in a range from 400 nm to 700 nm with an accuracy of 1%. The instrument has two main components, namely lamp and sensor. The sensor is mounted on a holder that can be moved up & down or side to side by means of a screw, which allows measurement in different angles.
Application Insights:
The scientific research segment held the largest market share in 2016 and is expected to continue its dominance over the forecast period. This can be attributed to factors such as rising investments by governments in R&D activities, increasing demand for spectrophotometers for various applications, growing emphasis on advanced technology and precision instruments among others.
The food industry segment is also expected to grow significantly over the forecast period owing to factors such as government regulations that mandate use of specific equipment during production processes such as packaging & processing of fruits & vegetables. Furthermore, companies operating in the food sector are making constant efforts towards adopting new technologies that will help them improve their operations further while maintaining high quality standards. These aforementioned factors are anticipated to drive product demand from 2017-2030 ¢â‚¬â€œ both globally and within regional markets across North America and Europe (excluding Germany).
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of players and increased focus on product innovation. Moreover, growing demand for food products that are free from contaminants is expected to drive the demand for UV-vis spectrophotometers in North America over the forecast period.
The Asia Pacific is expected to witness significant growth over the forecast period owing to increasing government initiatives and investments in R&D activities related to agriculture and water management sectors. In addition, rising awareness regarding health benefits associated with consumption of fruits & vegetables grown using organic farming techniques is anticipated favorably impact regional market growth over the next eight years (2018 - 2030).
Growth Factors:
- Increasing demand for quality control and assurance in various industries
- Growing research and development activities in the field of spectrophotometry
- Technological advancements in spectrophotometers that offer better performance and accuracy
- Rising number of applications for spectrophotometers across different industries
- Increasing awareness about the benefits of using spectrophotometers among end users
Scope Of The Report
Report Attributes
Report Details
Report Title
Visible Spectrophotometers Market Research Report
By Type
Vis Spectrophotometers, UV-Vis Spectrophotometers, UV-Vis-NIR Spectrophotometers
By Application
Food Industry, Environmental Analysis, Scientific Research, Others
By Companies
Thermo Fisher Scientific, Shimadzu, JASCO, Hach, Agilent Technologies, Shanghai Mapada Instruments, Biochrom, Hitachi High Technologies, Metash Instruments, Torontech, Thermo Fisher Scientific, Aurora Biomed, BioTek Instruments, METTLER TOLEDO
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Visible Spectrophotometers Market Report Segments:
The global Visible Spectrophotometers market is segmented on the basis of:
Types
Vis Spectrophotometers, UV-Vis Spectrophotometers, UV-Vis-NIR Spectrophotometers
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
Food Industry, Environmental Analysis, Scientific Research, 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
- Shimadzu
- JASCO
- Hach
- Agilent Technologies
- Shanghai Mapada Instruments
- Biochrom
- Hitachi High Technologies
- Metash Instruments
- Torontech
- Thermo Fisher Scientific
- Aurora Biomed
- BioTek Instruments
- METTLER TOLEDO
Highlights of The Visible 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:
- Vis Spectrophotometers
- UV-Vis Spectrophotometers
- UV-Vis-NIR Spectrophotometers
- By Application:
- Food Industry
- Environmental Analysis
- Scientific Research
- 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 Visible 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.
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- 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 visible spectrophotometer is a device that measures the amount of light that is reflected by an object. This information can be used to determine the color of the object.
Some of the major players in the visible spectrophotometers market are Thermo Fisher Scientific, Shimadzu, JASCO, Hach, Agilent Technologies, Shanghai Mapada Instruments, Biochrom, Hitachi High Technologies, Metash Instruments, Torontech, Thermo Fisher Scientific, Aurora Biomed, BioTek Instruments, METTLER TOLEDO.
The visible 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 Visible 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 Visible Spectrophotometers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Visible 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 Visible 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 Visible Spectrophotometers Market Size & Forecast, 2018-2028 4.5.1 Visible Spectrophotometers Market Size and Y-o-Y Growth 4.5.2 Visible Spectrophotometers Market Absolute $ Opportunity
Chapter 5 Global Visible Spectrophotometers 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 Visible Spectrophotometers Market Size Forecast by Type
5.2.1 Vis Spectrophotometers
5.2.2 UV-Vis Spectrophotometers
5.2.3 UV-Vis-NIR Spectrophotometers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Visible Spectrophotometers 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 Visible Spectrophotometers Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Environmental Analysis
6.2.3 Scientific Research
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Visible 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 Visible 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 Visible Spectrophotometers Analysis and Forecast
9.1 Introduction
9.2 North America Visible Spectrophotometers 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 Visible Spectrophotometers Market Size Forecast by Type
9.6.1 Vis Spectrophotometers
9.6.2 UV-Vis Spectrophotometers
9.6.3 UV-Vis-NIR Spectrophotometers
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 Visible Spectrophotometers Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Environmental Analysis
9.10.3 Scientific Research
9.10.4 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 Visible Spectrophotometers Analysis and Forecast
10.1 Introduction
10.2 Europe Visible Spectrophotometers 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 Visible Spectrophotometers Market Size Forecast by Type
10.6.1 Vis Spectrophotometers
10.6.2 UV-Vis Spectrophotometers
10.6.3 UV-Vis-NIR Spectrophotometers
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 Visible Spectrophotometers Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Environmental Analysis
10.10.3 Scientific Research
10.10.4 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 Visible Spectrophotometers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Visible Spectrophotometers 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 Visible Spectrophotometers Market Size Forecast by Type
11.6.1 Vis Spectrophotometers
11.6.2 UV-Vis Spectrophotometers
11.6.3 UV-Vis-NIR Spectrophotometers
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 Visible Spectrophotometers Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Environmental Analysis
11.10.3 Scientific Research
11.10.4 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 Visible Spectrophotometers Analysis and Forecast
12.1 Introduction
12.2 Latin America Visible Spectrophotometers 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 Visible Spectrophotometers Market Size Forecast by Type
12.6.1 Vis Spectrophotometers
12.6.2 UV-Vis Spectrophotometers
12.6.3 UV-Vis-NIR Spectrophotometers
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 Visible Spectrophotometers Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Environmental Analysis
12.10.3 Scientific Research
12.10.4 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) Visible Spectrophotometers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Visible Spectrophotometers 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) Visible Spectrophotometers Market Size Forecast by Type
13.6.1 Vis Spectrophotometers
13.6.2 UV-Vis Spectrophotometers
13.6.3 UV-Vis-NIR Spectrophotometers
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) Visible Spectrophotometers Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Environmental Analysis
13.10.3 Scientific Research
13.10.4 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 Visible Spectrophotometers Market: Competitive Dashboard
14.2 Global Visible Spectrophotometers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 Shimadzu
14.3.3 JASCO
14.3.4 Hach
14.3.5 Agilent Technologies
14.3.6 Shanghai Mapada Instruments
14.3.7 Biochrom
14.3.8 Hitachi High Technologies
14.3.9 Metash Instruments
14.3.10 Torontech
14.3.11 Thermo Fisher Scientific
14.3.12 Aurora Biomed
14.3.13 BioTek Instruments
14.3.14 METTLER TOLEDO