Global Infrared Spectroscopy Market By Product Type (Benchtop IR Spectroscope, IR Microscopy, Portable IR Spectroscope, Hyphenated IR Spectroscope, Terahertz IR Spectroscope), Spectrum (Near Infrared, Far Infrared, Mid Infrared), Application (Pharma and Biotech, Food and Beverages, Environmental Testing, Academics, Security, Industrial, Petrochemicals, Semiconductors, Others), Technology (Dispersive Infrared Spectroscopy and Fourier Transform Infrared (FTIR) Spectroscopy), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Global Infrared Spectroscopy Market report is the trustworthy hotspot for acquiring the general market research that will exponentially accelerate your business or help you accomplish supportable development in their individual market space. The report made through wide essential research by the contributions of industry specialists, organizations, enterprises, partner, and speculator and auxiliary research. The global infrared spectroscopy market is expected to rise to an estimated value of USD 1.65 billion by 2026 registering a substantial CAGR of 7.2% in the forecast period of 2019-2026. This rise in the market can be attributed to rising R&D investment in pharma and life sciences, strict regulations and laws pertaining to process analytical technology in the pharmaceuticals industry, and technological advancements and developments in the field of spectroscopy
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Key Market Competitors:
Few of the major market competitors currently working in the infrared spectroscopy market are TeraView Limited, Teledyne Technologies Incorporated, Agilent Technologies, Inc., BaySpec, Inc., HORIBA ABX, Ltd., Spectra Analysis Instruments, Inc., Avantes BV, Bruker, Carl Zeiss AG, Galaxy Scientific Inc, Gasera Ltd., Ibsen Photonics A/S, Merck KGaA, Darmstadt, PerkinElmer Inc., Shimadzu Corporation, VIAVI Solutions Inc., JASCO., Teledyne Princeton Instruments, Menlo Systems, TOPTICA Photonics AG, Advancedphotonix, among others.
Infrared spectroscopy is the most commonly used analytical technique. It is used by scientific researchers in many activities, such as protein characterization, nanoscale semiconductor analysis, and space exploration. Infrared spectroscopy provides several advantages, such as high scan speed, high resolution, and high sensitivity. It also provides a wide range of applications, such as identification of substances, determination of molecular structure, detection of impurities, and identification of functional groups. Infrared spectroscopy can be used in both qualitative and quantitative analysis and it does not have phase constraints.
Competitive Analysis :
The global IR spectroscopy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Some examples of recent strategies/developments are: In February 2014, Thermofisher Scientific, Inc. acquired Life Technology Inc., in November 2014, Agilent Technologies introduced its portable FTIR package among others. The report includes market shares of IR spectroscopy market for global, Europe, North America, Asia Pacific and Rest of the World.
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The global infrared spectroscopy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of infrared spectroscopy market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report
- Current and future of global infrared spectroscopy market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Segmentation: Global Infrared Spectroscopy Market
By Product Type
- Benchtop IR Spectroscope
- IR Microscopy
- Portable IR Spectroscope
- Hyphenated IR Spectroscope
- Terahertz IR Spectroscope
- Near Infrared
- Far Infrared
- Mid Infrared
- Pharma and Biotech
- Food and Beverages
- Environmental Testing
- Dispersive Infrared Spectroscopy
- Fourier Transform Infrared (FTIR) Spectroscopy
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