PUNE, India, August 23, 2016 /PRNewswire/ --
The worldwide IR spectroscopy market is expected to be valued at
$ 1.26 billion by 2022, growing at a
CAGR of 6.5% dominated by portable spectroscopes which is expected
to gain maximum traction while North
America accounted for the largest share of global IR
spectroscopy market.
Complete report on global IR spectroscopy market spread across
135 pages, profiling 11 companies and supported with 38 tables and
75 figures is now available at
http://www.rnrmarketresearch.com/ir-spectroscopy-market-by-spectrum-sensitivity-nir-mid-ir-and-far-ir-product-type-benchtop-micro-portable-and-hyphenated-vertical-biological-pharmaceuticals-chemicals-food-beverages-environmental-st-to-2022-market-report.html
IR spectroscopy is used in various sectors such as biological,
pharmaceuticals, chemicals, food & beverages, environmental,
semiconductors, and others; of which the market for the biological
sector is expected to grow at the highest CAGR during the forecast
period. Factors such as advancements in the biotechnology and
pharmaceuticals industries in the U.S., Germany, the U.K., and Italy are expected to drive the growth of the
market during the forecast period.
The market for portable spectroscopes is expected to grow at a
higher rate than that of the other IR spectroscopy types during the
forecast period. The growth in this market is due the advantages of
portable spectroscopes such as improved workflow, minimum space
requirements, and less complications and efforts in maintenance.
The portable IR instruments that are commonly available in the
market involve Fourier transform mechanisms and are known as
portable FT-IR. Bench top spectroscopy held the largest market
share in 2015.
North America held the largest
share of the IR spectroscopy market in 201. The market in
North America is expected to
dominate the global market during the forecast period. Increasing
government funding for research, stringent drug regulations, and
growing food safety concerns are some of the driving factors for
the growth of the IR spectroscopy market in North America; whereas the market in APAC is
expected to grow at the highest rate during the forecast
period.
The increase in R&D investment in life science, regulatory
framework for process analytical technology in the pharmaceuticals
industry, and continuous technological advancements in IR
spectroscopy are expected to drive the growth of the IR
spectroscopy market in the next five years.
The key players operating in the IR spectroscopy market profiled
in this report such as Agilent Technologies, Inc., Bruker Corp.,
Bayspec, Inc., Horiba, Ltd., Jasco Inc., Perkinelmer Inc.,
Princeton Instruments (PI), Spectra Analysis Instruments Inc.,
Teledyne Technologies Inc., Thermo Fisher Scientific Inc. and FOSS.
Order a copy of IR Spectroscopy Market by Spectrum Sensitivity
(NIR, Mid IR, and Far IR), Product Type (Benchtop, Micro, Portable,
and Hyphenated), Vertical (Biological, Pharmaceuticals, Chemicals,
Food & Beverages, Environmental), and Geography - Global
Forecast to 2022
http://www.rnrmarketresearch.com/contacts/purchase?rname=666744
.
In the process of determining and verifying, the global IR
spectroscopy market size for several segments and sub segments
gathered through secondary research, extensive primary interviews
were conducted with key people. In Tier 1 (22%), Tier 2 (45%) and
Tier 3 (33%) companies were contacted for primary interviews. The
interviews were conducted with various key people such as C-level
(33%) and Director Level (22%) and others (45) from various key
organizations operating in the global IR spectroscopy market. The
primary interviews were conducted worldwide covering regions such
as The Americas (34%), APAC (33%), Europe (22%), and Rest of World (11%).
On a related note, another research on Atomic Spectroscopy
Market Analysis & Global Forecast to 2020 says,
North America is expected to
account for the largest share of the global atomic spectroscopy
market, followed by Europe,
Asia-Pacific, and the RoW. The
overall market is poised to reach USD 5.60
Billion by 2020, growing at a CAGR of 6.0% during the
forecast period of 2015 to 2020. The atomic absorption spectroscopy
segment is expected to account for the largest share of the global
atomic spectroscopy market. Companies like Agilent Technologies
(U.S.), PerkinElmer (U.S.), Thermo Fisher Scientific (U.S.), and
Bruker Corporation (U.S.) have been profiled in this 147 pages
research report available at
http://www.rnrmarketresearch.com/atomic-spectroscopy-market-by-technology-x-ray-fluorescence-atomic-absorption-x-ray-diffraction-icp-ms-by-application-food-beverage-pharmaceutical-industrial-chemistry-biotechnol-market-report.html
.
Explore more reports on Information Technology &
Telecommunication market at
http://www.rnrmarketresearch.com/reports/information-technology-telecommunication
.
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