Global infrared spectroscopy analyzer market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. The factors that are playing a major role in the growth of infrared spectroscopy analyzer industry are the continuous innovations, the adoption of food fingerprinting technology, and the rising R&D investment in life sciences. However, technical limitation and the availability of used IR spectroscopy devices may retrain the overall market growth in the years to come. Infrared spectroscopy analyzer market is segmented based on spectrum sensitivity, product type, end-user, and region.
Based on the spectrum sensitivity, far IR, NIR, and mid-IR could classify infrared spectroscopy analyzer industry in the forecast period. The mid-IR sector accounted for the substantial share of infrared spectroscopy analyzers market and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be its wide range of applications in research and industrial sector.
Dispersive IR analyzer, FT-IR analyzer, and other product types could be explored in infrared spectroscopy analyzer industry in the forecast period. The market may be categorized based on end-users like the oil and gas industry, polymer industry, pharmaceutical industry, food & agriculture industry, and others that could be explored in infrared spectroscopy analyzer in the forecast period.
Globally, North America accounted for the substantial share of infrared spectroscopy analyzer market and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be strict drug development regulations, the high funding for R&D program from the government, and the presence of key manufacturers in the region. The United States is a major consumer of infrared spectroscopy analyzer in this region.
Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of the infrared spectroscopy analyzer in this region.
The key players of infrared spectroscopy analyzers industry are Hitachi, Thermo Fisher Scientific, ZEUTEC, Bruker, Guided Wave, Unity Scientific, Shimadzu, FOSS, Yokogawa, Buchi, Agilent Technologies, and Perten (PerkinElmer). These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Infrared Spectroscopy Analyzer in these regions, from 2012 to 2023 (forecast), covering
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Infrared Spectroscopy Analyzer market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Thermo Fisher Scientific
• Unity Scientific
• Perten (PerkinElmer)
• Agilent Technologies
• Guided Wave (Advanced Group)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• FT-IR Analyzer
• Dispersive IR Analyzer
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Infrared Spectroscopy Analyzer for each application, including
• Polymer Industry
• Food and Agriculture Industry
• Pharmaceutical Industry
• Oil and Gas Industry
Research Support Specialist, USA