Market Overview:
The Global Spark Direct Reading Spectrometer Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for spark direct reading spectrometers in various applications such as military, space, electric power, colleges and universities, and others. Additionally, the growing demand for spark direct reading spectrometers from emerging economies is also contributing to the market growth. However, factors such as high cost of instruments and lack of skilled professionals are restraining the market growth.
Product Definition:
A spark direct reading spectrometer is an optical instrument used to measure the wavelength of light emitted by a spark. It is used in research and development, quality control, and production settings to determine the composition of materials.
Desktop Type:
The global desktop type market is expected to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to the increasing demand for spectrometers in research and development activities, coupled with technological advancements such as high accuracy, portability & cost-effectiveness offered by this device.
Desktop types are used in various applications such as quality control & inspection, forensic science, biotechnology and pharmaceuticals industries among others.
Vertical Type:
Vertical type is a device that holds the paper or other writing material at an angle, usually 90 degrees. It helps in reducing eyestrain and strain on the eyes when reading from a long document. Vertical type can be used with direct-reading spectrometers to make it easier for users to read and understand data printed on the paper.
Application Insights:
The military segment dominated the global market in terms of revenue in 2017. The growth can be attributed to the growing usage of these devices by defense agencies for a variety of applications including missile defense, space programs, and aircraft performance monitoring. In addition, government funding initiatives such as NASA¢â‚¬â„¢s SMD program are expected to increase the demand for laboratory-based spark spectrometer systems over the forecast period.
Spark spectrometers have numerous applications across diverse industries such as electric power generation and distribution; oil & gas; manufacturing; food & beverage testing laboratories; colleges and universities research institutes etc. Electric power generation and distribution is estimated to be one of the fastest-growing application segments during the forecast period owing to increasing investments in renewable energy sources like wind turbines coupled with smart grid technology implementation activities across various regions globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing research and development activities by key players. Moreover, government funding for R&D activities is also expected to propel regional market growth over the forecast period. For instance, National Institute of Standards and Technology (NIST) has developed a free spectroscopy software package called NIST Traceable Reference Materials (NTRM) that is widely used in laboratories across North America for spark spectroscopy analysis.
Asia Pacific region is anticipated to witness lucrative growth over the forecast period owing to rapid industrialization coupled with growing demand from electric power sector in countries such as China and India.
Growth Factors:
- Increasing demand for food safety and quality control
- Growing awareness about the benefits of using Spark Direct Reading Spectrometer
- Rising demand from end-use industries such as pharmaceuticals, biotechnology, and agriculture
- Technological advancements in Spark Direct Reading Spectrometer products
- Growing number of research and development activities
Scope Of The Report
Report Attributes
Report Details
Report Title
Spark Direct Reading Spectrometer Market Research Report
By Type
Desktop Type, Vertical Type
By Application
Military, Space, Electric Power, Colleges And Universities, Others
By Companies
Thermo Fisher Scientific, BRUKER, Shimadzu, SPECTRO Analytical Instruments, NCS Testing Technology, Focused Photonics, Skyray Instrument, BELEC, Beijing Beifen-Ruili Analytical In
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Spark Direct Reading Spectrometer Market Report Segments:
The global Spark Direct Reading Spectrometer market is segmented on the basis of:
Types
Desktop Type, Vertical Type
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
Military, Space, Electric Power, Colleges And Universities, 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
- BRUKER
- Shimadzu
- SPECTRO Analytical Instruments
- NCS Testing Technology
- Focused Photonics
- Skyray Instrument
- BELEC
- Beijing Beifen-Ruili Analytical In
Highlights of The Spark Direct Reading Spectrometer 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:
- Desktop Type
- Vertical Type
- By Application:
- Military
- Space
- Electric Power
- Colleges And Universities
- 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 Spark Direct Reading Spectrometer 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 Spark Direct Reading Spectrometer is a type of spectrometer that can directly read the spectral lines from an object. This type of spectrometer is often used to analyze chemical or biological samples.
Some of the major players in the spark direct reading spectrometer market are Thermo Fisher Scientific, BRUKER, Shimadzu, SPECTRO Analytical Instruments, NCS Testing Technology, Focused Photonics, Skyray Instrument, BELEC, Beijing Beifen-Ruili Analytical In.
The spark direct reading spectrometer market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spark Direct Reading Spectrometer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Spark Direct Reading Spectrometer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Spark Direct Reading Spectrometer Market - Supply Chain
4.5. Global Spark Direct Reading Spectrometer Market Forecast
4.5.1. Spark Direct Reading Spectrometer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spark Direct Reading Spectrometer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spark Direct Reading Spectrometer Market Absolute $ Opportunity
5. Global Spark Direct Reading Spectrometer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Spark Direct Reading Spectrometer Market Size and Volume Forecast by Type
5.3.1. Desktop Type
5.3.2. Vertical Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Spark Direct Reading Spectrometer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Spark Direct Reading Spectrometer Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Space
6.3.3. Electric Power
6.3.4. Colleges And Universities
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Spark Direct Reading Spectrometer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Spark Direct Reading Spectrometer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Spark Direct Reading Spectrometer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Spark Direct Reading Spectrometer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Spark Direct Reading Spectrometer Demand Share Forecast, 2019-2026
9. North America Spark Direct Reading Spectrometer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Spark Direct Reading Spectrometer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Spark Direct Reading Spectrometer Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Space
9.4.3. Electric Power
9.4.4. Colleges And Universities
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Spark Direct Reading Spectrometer Market Size and Volume Forecast by Type
9.7.1. Desktop Type
9.7.2. Vertical Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Spark Direct Reading Spectrometer Demand Share Forecast, 2019-2026
10. Latin America Spark Direct Reading Spectrometer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Spark Direct Reading Spectrometer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Spark Direct Reading Spectrometer Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Space
10.4.3. Electric Power
10.4.4. Colleges And Universities
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Spark Direct Reading Spectrometer Market Size and Volume Forecast by Type
10.7.1. Desktop Type
10.7.2. Vertical Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Spark Direct Reading Spectrometer Demand Share Forecast, 2019-2026
11. Europe Spark Direct Reading Spectrometer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Spark Direct Reading Spectrometer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Spark Direct Reading Spectrometer Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Space
11.4.3. Electric Power
11.4.4. Colleges And Universities
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Spark Direct Reading Spectrometer Market Size and Volume Forecast by Type
11.7.1. Desktop Type
11.7.2. Vertical Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Spark Direct Reading Spectrometer Demand Share, 2019-2026
12. Asia Pacific Spark Direct Reading Spectrometer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Spark Direct Reading Spectrometer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Spark Direct Reading Spectrometer Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Space
12.4.3. Electric Power
12.4.4. Colleges And Universities
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Spark Direct Reading Spectrometer Market Size and Volume Forecast by Type
12.7.1. Desktop Type
12.7.2. Vertical Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Spark Direct Reading Spectrometer Demand Share, 2019-2026
13. Middle East & Africa Spark Direct Reading Spectrometer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Spark Direct Reading Spectrometer Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Spark Direct Reading Spectrometer Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Space
13.4.3. Electric Power
13.4.4. Colleges And Universities
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Spark Direct Reading Spectrometer Market Size and Volume Forecast by Type
13.7.1. Desktop Type
13.7.2. Vertical Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Spark Direct Reading Spectrometer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Spark Direct Reading Spectrometer Market: Market Share Analysis
14.2. Spark Direct Reading Spectrometer Distributors and Customers
14.3. Spark Direct Reading Spectrometer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Thermo Fisher Scientific
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BRUKER
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shimadzu
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SPECTRO Analytical Instruments
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NCS Testing Technology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Focused Photonics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Skyray Instrument
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BELEC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Beijing Beifen-Ruili Analytical In
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
