Market Overview:
The global UV-Vis spectrometer 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 spectrometers from environmental, life sciences R&D, academic research institutes, and other applications. In terms of type, the single-beam segment is expected to hold the largest share of the global UV-Vis spectrometer market in 2018. However, the double-beam segment is projected to grow at a higher CAGR during the forecast period.
Product Definition:
UV-Vis spectrometry is a technique used to measure the absorption of light by molecules. The wavelength of the light absorbed is determined by the molecule's structure. This information can be used to identify different molecules and determine their concentrations.
Single-Beam:
Single-Beam is a device that emits light in a single direction. It can be used as an alternative to the conventional mercury-based lamps, which are now being replaced by LED lamps. Single-beam devices have several advantages over their conventional counterparts including low power consumption, higher efficiency and longer life span among others. The growing demand for energy efficient lighting solutions is expected to drive market growth over the forecast period.
Double-Beam:
Double-beam is a type of spectrometer that uses two independent beams to analyze the composition. It provides more precise and accurate results as compared to single beam devices. The major advantage of using double-beam device is that it reduces the effect of instrumental error resulting in more reliable and accurate analysis.
Application Insights:
The life sciences research and development segment dominated the market in 2017. This is attributed to the rising number of R&D activities being carried out for new drug discovery and other medical applications. For instance, according to a study published by NCBI, it is estimated that around USD 38 billion worth drugs are discovered every year but only 5% of them get approved by the FDA owing to low-quality evidence supporting their effectiveness. Therefore, increasing investments in various life science projects would help boost product demand over the forecast period.
The environmental UV-Vis spectrometer application segment was valued at over USD 20 million in 2017 due largely to government initiatives promoting use of this equipment for water & air quality testing across industries and households globally. The growing awareness among people regarding environment conservation coupled with stringent regulations pertaining to water & air quality testing across industries and households globally would further fuel product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of UV-vis spectrometer manufacturers and suppliers, high demand for spectroscopy solutions, and increasing R&D activities in this region. The Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to rising environmental concerns coupled with growing government initiatives for water resource management. Moreover, an increase in foreign direct investments by international companies is anticipated to fuel growth during the forecast period.
Growth Factors:
- Increasing demand for UV-Vis spectrometers in the pharmaceutical and biotechnology industries for drug discovery and development.
- Growing demand from research institutes and universities for advanced analytical instruments to carry out research in various fields such as chemistry, biology, physics, material science, etc.
- Rising application of UV-Vis spectrometers in food & beverage industry for quality control and product development purposes.
- Increasing use of UV-Vis spectrometers in water analysis to detect the presence of pollutants and contaminants.
Scope Of The Report
Report Attributes
Report Details
Report Title
UV-Vis Spectrometer Market Research Report
By Type
Single-Beam, Double-Beam
By Application
Environmental, Life Sciences R&D, Academic Research Institutes, Other
By Companies
Agilent Technologies, Thermo Fisher Scientific, Eppendorf, Shimadzu Corporation, Danaher, PerkinElmer, Hitachi, Analytik Jena, JASCO International, Biochrom, Xylem, GE Healthcare, Persee, Shanghai Jinke, GBC Scientific, Biotek, Beifen-Ruili, Vernier, Cecil Instrument
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global UV-Vis Spectrometer Market Report Segments:
The global UV-Vis Spectrometer market is segmented on the basis of:
Types
Single-Beam, Double-Beam
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
Environmental, Life Sciences R&D, Academic Research Institutes, 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:
- Agilent Technologies
- Thermo Fisher Scientific
- Eppendorf
- Shimadzu Corporation
- Danaher
- PerkinElmer
- Hitachi
- Analytik Jena
- JASCO International
- Biochrom
- Xylem
- GE Healthcare
- Persee
- Shanghai Jinke
- GBC Scientific
- Biotek
- Beifen-Ruili
- Vernier
- Cecil Instrument
Highlights of The UV-Vis 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:
- Single-Beam
- Double-Beam
- By Application:
- Environmental
- Life Sciences R&D
- Academic Research Institutes
- 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 UV-Vis 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.
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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 UV-Vis spectrometer is a device that uses ultraviolet and visible light to measure the intensity of radiation emitted by an object. This information can be used to determine the composition, structure, and properties of the object being analyzed.
Some of the key players operating in the uv-vis spectrometer market are Agilent Technologies, Thermo Fisher Scientific, Eppendorf, Shimadzu Corporation, Danaher, PerkinElmer, Hitachi, Analytik Jena, JASCO International, Biochrom, Xylem, GE Healthcare, Persee, Shanghai Jinke, GBC Scientific, Biotek, Beifen-Ruili, Vernier, Cecil Instrument.
The uv-vis 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. UV-Vis 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. UV-Vis Spectrometer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. UV-Vis Spectrometer Market - Supply Chain
4.5. Global UV-Vis Spectrometer Market Forecast
4.5.1. UV-Vis Spectrometer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. UV-Vis Spectrometer Market Size (000 Units) and Y-o-Y Growth
4.5.3. UV-Vis Spectrometer Market Absolute $ Opportunity
5. Global UV-Vis 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. UV-Vis Spectrometer Market Size and Volume Forecast by Type
5.3.1. Single-Beam
5.3.2. Double-Beam
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global UV-Vis 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. UV-Vis Spectrometer Market Size and Volume Forecast by Application
6.3.1. Environmental
6.3.2. Life Sciences R&D
6.3.3. Academic Research Institutes
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global UV-Vis 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. UV-Vis 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 UV-Vis 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. UV-Vis 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 UV-Vis Spectrometer Demand Share Forecast, 2019-2026
9. North America UV-Vis 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 UV-Vis 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 UV-Vis Spectrometer Market Size and Volume Forecast by Application
9.4.1. Environmental
9.4.2. Life Sciences R&D
9.4.3. Academic Research Institutes
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America UV-Vis Spectrometer Market Size and Volume Forecast by Type
9.7.1. Single-Beam
9.7.2. Double-Beam
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 UV-Vis Spectrometer Demand Share Forecast, 2019-2026
10. Latin America UV-Vis 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 UV-Vis 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 UV-Vis Spectrometer Market Size and Volume Forecast by Application
10.4.1. Environmental
10.4.2. Life Sciences R&D
10.4.3. Academic Research Institutes
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America UV-Vis Spectrometer Market Size and Volume Forecast by Type
10.7.1. Single-Beam
10.7.2. Double-Beam
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 UV-Vis Spectrometer Demand Share Forecast, 2019-2026
11. Europe UV-Vis 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 UV-Vis 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 UV-Vis Spectrometer Market Size and Volume Forecast by Application
11.4.1. Environmental
11.4.2. Life Sciences R&D
11.4.3. Academic Research Institutes
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe UV-Vis Spectrometer Market Size and Volume Forecast by Type
11.7.1. Single-Beam
11.7.2. Double-Beam
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections b 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 UV-Vis Spectrometer Demand Share, 2019-2026
12. Asia Pacific UV-Vis 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 UV-Vis 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 UV-Vis Spectrometer Market Size and Volume Forecast by Application
12.4.1. Environmental
12.4.2. Life Sciences R&D
12.4.3. Academic Research Institutes
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific UV-Vis Spectrometer Market Size and Volume Forecast by Type
12.7.1. Single-Beam
12.7.2. Double-Beam
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 UV-Vis Spectrometer Demand Share, 2019-2026
13. Middle East & Africa UV-Vis 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 UV-Vis 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 UV-Vis Spectrometer Market Size and Volume Forecast by Application
13.4.1. Environmental
13.4.2. Life Sciences R&D
13.4.3. Academic Research Institutes
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa UV-Vis Spectrometer Market Size and Volume Forecast by Type
13.7.1. Single-Beam
13.7.2. Double-Beam
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 UV-Vis Spectrometer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global UV-Vis Spectrometer Market: Market Share Analysis
14.2. UV-Vis Spectrometer Distributors and Customers
14.3. UV-Vis Spectrometer 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. Eppendorf
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shimadzu Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Danaher
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PerkinElmer
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hitachi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Analytik Jena
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JASCO International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Biochrom
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Xylem
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GE Healthcare
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Persee
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shanghai Jinke
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. GBC Scientific
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Biotek
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Beifen-Ruili
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Vernier
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Cecil Instrument
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
