The report comprises a detailed analysis of the vital elements of the IR Spectroscopy market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the IR Spectroscopy market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.

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. 

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Report Objective:

The report offers a complete analysis of the global IR Spectroscopy market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. 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. and others are some of the top companies profiled in the report.

Some Key Highlights in 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.
  • Increasing use of IR spectroscopy in the healthcare & pharmaceuticals industry to enhance light quality of 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.

The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

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)

  • Near-Infrared
  • Mid-Infrared
  • Far-Infrared

End-use Outlook (Revenue, USD Billion; 2018–2028)

  • Chemicals
  • Biological Research
  • Healthcare & pharmaceuticals
  • Consumer Electronics
  • Environmental
  • Food & Beverages
  • Others

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Key point summary of the report:

  • The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
  • It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
  • The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
  • It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
  • Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
  • The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
  • The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Outlook of IR Spectroscopy Market:

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • K.
    • Italy
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • A.E.
    • South Africa
    • Rest of MEA

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