IR Spectroscopy Market Research Report, By Application, Region and Forecast to 2028
The global IR spectroscopy market size reached USD 1.05 Billion in 2020 and is expected to register a CAGR of 5.9%, during the forecast period, according to latest analysis by Emergen Research. Growing demand for IR spectroscopy in diverse industries such as chemicals, biological research, healthcare & pharmaceuticals, consumer electronics, food & beverages, and others is a key factor expected to continue to drive growth of the global IR spectroscopy market over the forecast period. In addition, increasing investments in research and development in the healthcare and pharmaceutical industries is expected to further propel market growth going ahead. Furthermore, increasing adoption of mid-infrared spectroscopy is expected to augment market growth in the near future.
It examines the market size, share, demand, trends, gross revenue, total earnings and net value after a historical analysis of the data collected from the years 2020 to 2028 while taking 2018 as the base year. The study focuses on the driving factors, restrains and hurdles for the growth of the market. The researcher gives market insights relating to the upcoming areas in the business and the impact of technological innovations on the growth of the market.
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endoscopic equipment used for deletion of blood vessel plaque, and kidney stones is expected to drive growth of the healthcare & pharmaceuticals segment. In addition, the healthcare & pharmaceuticals segment is expected to continue to lead in terms of revenue share contribution to the global IR spectroscopy market during the forecast period. This report focuses on price analysis, total revenue, product portfolio, sales and distribution channels, profit margin, and financial position. It studies the IR Spectroscopy Market in terms of technology and consumers. Market dynamics are revealed across multiple geographic segments.
Some Key Highlights From the Report
- Benchtop spectroscopes segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing usage of benchtop spectroscopes systems to identify chemical characteristics of nuclear/molecular patterns of specimens is expected to boost growth of this segment.
- In terms of market share, the mid-infrared segment is expected to register significant growth over the forecast period due to increasing use of mid-infrared technology to recognized molecules based on activity between particles and magnetic fields in mid-infrared area.
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Summary of the key points of the report:
Report Overview: This section provides data and information pertaining to the key market manufacturers, their product offerings, historical and future timelines considered, and market scope. It further highlights the principal market segments, including product types, application gamut, end-user industries, and regional analysis.
Company Profiles: This component of the report depicts the company profiles of the leading players participating in the IR Spectroscopy Market industry. The market value & volume, production capacity, product portfolios, and other vital aspects of these players have been assessed in this report.
Key players in the market include :
Horiba, Ltd., TeraView Limited, Bayspec Inc., Teledyne Technologies Incorporated, Bruker Corporation, Shimadzu Corporation, Carl Zeiss Spectroscopy GmbH, Avantes BV, PerkinElmer, Inc., and Agilent Technologies, Inc.
Emergen Research has segmented the global IR spectroscopy market on the basis of type, technology, end-use, and region:
- Type Outlook (Revenue, USD Billion; 2018–2028)
- Micro Spectroscopes
- Hyphenated Spectroscopes
- Portable Spectroscopes
- Benchtop Spectroscopes
- Technology Outlook (Revenue, USD Billion; 2018–2028)
- End-use Outlook (Revenue, USD Billion; 2018–2028)
- Biological Research
- Healthcare & pharmaceuticals
- Consumer Electronics
- Food & Beverages
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Comprehensive Regional Analysis Covers the Following Regions:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The global IR Spectroscopy Market report studies the worldwide market consumption rate in terms of value and volume.
It identifies the various sub-segments of the market structure.
It proffers information regarding the leading global manufacturers in this industry, describing their IR Spectroscopy Market value & share, sales volume, competitive analysis, SWOT analysis, and development strategies adopted during the forecast timeline.
The report describes the key industry players, with respect to their individual growth trends, future prospects, and contribution to the global market, and explains the factors related to their market growth potential, drivers, opportunities, threats, and industry-specific challenges.
Table Of Content:
The report is distributed over 15 Chapters to display the analysis of the global IR Spectroscopy Market .
Chapter 1 covers the IR Spectroscopy Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2 talks about the top manufacturers and analyses their sales, revenue and pricing decisions for the duration 2028;
Chapter 3 displays the competitive nature of the market by discussing the competition among the top manufacturers. It dissects the market using sales, revenue ;
Chapter 4, shows the global market by regions and the proportionate size of each market region based on sales, revenue and market share of IR Spectroscopy Market
Chapter 5, 6, 7, 8 and 9, are dedicated to the analysis of the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, talk about the application and types of duty-free retail shops in the market using the same set of data for the period 2028
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