Market Overview:
The global trace metal analysis instrument 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 and beverage products, pharmaceutical and biotechnology products, and environmental testing services. Additionally, the growing awareness about the benefits of trace metal analysis is also contributing to the growth of this market. The atomic absorption spectroscopy segment is expected to lead the global trace metal analysis instrument market during the forecast period from 2018 to 2030. This segment accounted for a major share of this market in 2017 and is projected to grow at a CAGR of 6.8% during the forecast period.
Product Definition:
A trace metal analysis instrument is a device used to measure the concentration of trace metals in a sample. Trace metal analysis is important for many reasons, including environmental monitoring, quality control and forensic investigations.
Atomic Absorption Spectroscop:
Atomic absorption spectroscopy is a technique to measure the concentration of elements in solution. It works on the principle that light absorbed by an atom will be emitted as a spectrum with different wavelengths depending upon the number of electrons present around its orbit. The higher the number, more electrons are present and hence stronger is the emission line.
The atomic absorption spectrometer has several advantages over other techniques such as flame ionization, infrared analysis,.
X-Ray Fluorescence:
X-ray fluorescence (XRF) is a technique used for analyzing the chemical composition of objects. It utilizes X-rays in combination with a fluorescent source and an X-ray detector to analyze small samples. The process can be used for various applications such as detection of metal content in food & beverages, pharmaceuticals, soil, water and rocks; analysis of trace metals in foods & beverages; mineral identification; geochemical mapping; etc.
Application Insights:
The food and beverage application segment accounted for the largest revenue share in 2016. The increasing use of metals in packaging, processing, and advertising is expected to drive demand over the forecast period. In addition, stringent government regulations on maximum levels of certain trace metals in foods are expected to fuel industry growth over the coming years.
The pharmaceutical and biotechnology application segment is anticipated to witness significant growth during the forecast period owing to rising product adoption by major players across Europe and North America regions for drug discovery & development activities. In addition, presence of key pharmaceutical manufacturers such as Pfizer Inc., Johnson & Johnson (J&J) companies including Janssen Pharmaceuticals LLC., Novartis AG., sanofi-aventis ULC., GlaxoSmithKline PLC., Astrazeneca Ltd.; as well as metal content in drugs developed by these companies that necessitates frequent analysis will further propel industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to maintain its position over the forecast period. The presence of a large number of pharmaceutical and biotechnology companies, coupled with increasing R&D activities in this region, is likely to drive the demand for trace metal analysis instruments. In addition, growing environmental concerns have led to an increase in demand for water testing services across numerous industries; which has further propelled growth.
The European market was valued at USD X million in 2017 owing to high product adoption across various end-use industries such as food & beverage and pharmaceuticals.
In terms of revenue share, North America held a significant proportion of shares owing mainlyto high adoption rates observed within industrial manufacturing sectors such as automotive and aerospace industry along with consumer electronics manufacturers including Apple Inc., Samsung Electronics Co., Ltd.
Growth Factors:
- Increasing demand for trace metal analysis in various industries such as pharmaceuticals, biotechnology, and environmental testing.
- Growing research and development activities in the field of life sciences and proteomics.
- Technological advancements in trace metal analysis instruments that offer enhanced performance and accuracy.
- Rising number of contract research organizations (CROs) providing analytical services for drug discovery and development programs. 5 Increased funding for life science research by government agencies and private foundations
Scope Of The Report
Report Attributes
Report Details
Report Title
Trace Metal Analysis Instrument Market Research Report
By Type
Atomic Absorption Spectroscop, X-Ray Fluorescence, ICP-MS, Others
By Application
Food & Beverage, Pharmaceutical & Biotechnology, Environmental Testing
By Companies
Agilent Technologies, Thermo Fisher Scientific, PerkinElmer, Inc., Analytik Jena AG, Bruker Corporation, Hitachi Hi-Technologies Corporation, Rigaku Corporation, Shimadzu Corporation, Eurofins Scientific, Intertek Group PLC, SGS S.A., Bureau Veritas S.A., TüV SüD, LGC Ltd.
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Trace Metal Analysis Instrument Market Report Segments:
The global Trace Metal Analysis Instrument market is segmented on the basis of:
Types
Atomic Absorption Spectroscop, X-Ray Fluorescence, ICP-MS, Others
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 & Beverage, Pharmaceutical & Biotechnology, Environmental Testing
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:
- Agilent Technologies
- Thermo Fisher Scientific
- PerkinElmer, Inc.
- Analytik Jena AG
- Bruker Corporation
- Hitachi Hi-Technologies Corporation
- Rigaku Corporation
- Shimadzu Corporation
- Eurofins Scientific
- Intertek Group PLC
- SGS S.A.
- Bureau Veritas S.A.
- TüV SüD
- LGC Ltd.
Highlights of The Trace Metal Analysis Instrument 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:
- Atomic Absorption Spectroscop
- X-Ray Fluorescence
- ICP-MS
- Others
- By Application:
- Food & Beverage
- Pharmaceutical & Biotechnology
- Environmental Testing
- 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 Trace Metal Analysis Instrument 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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- Understanding Competition Scenario
- 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?
Trace metal analysis instrument is a laboratory tool used to determine the amount of metals in a sample.
Some of the major players in the trace metal analysis instrument market are Agilent Technologies, Thermo Fisher Scientific, PerkinElmer, Inc., Analytik Jena AG, Bruker Corporation, Hitachi Hi-Technologies Corporation, Rigaku Corporation, Shimadzu Corporation, Eurofins Scientific, Intertek Group PLC, SGS S.A., Bureau Veritas S.A., TƒÂ¼V SƒÂ¼D, LGC Ltd..
The trace metal analysis instrument 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. Trace Metal Analysis Instrument 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. Trace Metal Analysis Instrument Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Trace Metal Analysis Instrument Market - Supply Chain
4.5. Global Trace Metal Analysis Instrument Market Forecast
4.5.1. Trace Metal Analysis Instrument Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Trace Metal Analysis Instrument Market Size (000 Units) and Y-o-Y Growth
4.5.3. Trace Metal Analysis Instrument Market Absolute $ Opportunity
5. Global Trace Metal Analysis Instrument 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. Trace Metal Analysis Instrument Market Size and Volume Forecast by Type
5.3.1. Atomic Absorption Spectroscop
5.3.2. X-Ray Fluorescence
5.3.3. ICP-MS
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Trace Metal Analysis Instrument 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. Trace Metal Analysis Instrument Market Size and Volume Forecast by Application
6.3.1. Food & Beverage
6.3.2. Pharmaceutical & Biotechnology
6.3.3. Environmental Testing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Trace Metal Analysis Instrument 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. Trace Metal Analysis Instrument 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 Trace Metal Analysis Instrument 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. Trace Metal Analysis Instrument 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 Trace Metal Analysis Instrument Demand Share Forecast, 2019-2026
9. North America Trace Metal Analysis Instrument 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 Trace Metal Analysis Instrument 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 Trace Metal Analysis Instrument Market Size and Volume Forecast by Application
9.4.1. Food & Beverage
9.4.2. Pharmaceutical & Biotechnology
9.4.3. Environmental Testing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Trace Metal Analysis Instrument Market Size and Volume Forecast by Type
9.7.1. Atomic Absorption Spectroscop
9.7.2. X-Ray Fluorescence
9.7.3. ICP-MS
9.7.4. Others
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 Trace Metal Analysis Instrument Demand Share Forecast, 2019-2026
10. Latin America Trace Metal Analysis Instrument 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 Trace Metal Analysis Instrument 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 Trace Metal Analysis Instrument Market Size and Volume Forecast by Application
10.4.1. Food & Beverage
10.4.2. Pharmaceutical & Biotechnology
10.4.3. Environmental Testing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Trace Metal Analysis Instrument Market Size and Volume Forecast by Type
10.7.1. Atomic Absorption Spectroscop
10.7.2. X-Ray Fluorescence
10.7.3. ICP-MS
10.7.4. Others
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 Trace Metal Analysis Instrument Demand Share Forecast, 2019-2026
11. Europe Trace Metal Analysis Instrument 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 Trace Metal Analysis Instrument 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 Trace Metal Analysis Instrument Market Size and Volume Forecast by Application
11.4.1. Food & Beverage
11.4.2. Pharmaceutical & Biotechnology
11.4.3. Environmental Testing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Trace Metal Analysis Instrument Market Size and Volume Forecast by Type
11.7.1. Atomic Absorption Spectroscop
11.7.2. X-Ray Fluorescence
11.73. ICP-MS
11.7.4. Others
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 Trace Metal Analysis Instrument Demand Share, 2019-2026
12. Asia Pacific Trace Metal Analysis Instrument 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 Trace Metal Analysis Instrument 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 Trace Metal Analysis Instrument Market Size and Volume Forecast by Application
12.4.1. Food & Beverage
12.4.2. Pharmaceutical & Biotechnology
12.4.3. Environmental Testing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Trace Metal Analysis Instrument Market Size and Volume Forecast by Type
12.7.1. Atomic Absorption Spectroscop
12.7.2. X-Ray Fluorescence
12.7.3. ICP-MS
12.7.4. Others
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 Trace Metal Analysis Instrument Demand Share, 2019-2026
13. Middle East & Africa Trace Metal Analysis Instrument 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 Trace Metal Analysis Instrument 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 Trace Metal Analysis Instrument Market Size and Volume Forecast by Application
13.4.1. Food & Beverage
13.4.2. Pharmaceutical & Biotechnology
13.4.3. Environmental Testing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Trace Metal Analysis Instrument Market Size and Volume Forecast by Type
13.7.1. Atomic Absorption Spectroscop
13.7.2. X-Ray Fluorescence
13.7.3. ICP-MS
13.7.4. Others
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 Trace Metal Analysis Instrument Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Trace Metal Analysis Instrument Market: Market Share Analysis
14.2. Trace Metal Analysis Instrument Distributors and Customers
14.3. Trace Metal Analysis Instrument Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Agilent Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Thermo Fisher Scientific
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PerkinElmer, Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Analytik Jena AG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bruker Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hitachi Hi-Technologies Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rigaku Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shimadzu Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Eurofins Scientific
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Intertek Group PLC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SGS S.A.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bureau Veritas S.A.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. TüV SüD
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. LGC Ltd.
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
