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IR Spectroscopy Market to Grow at a 7.07% CAGR Key Player, Regions and Forecast to 2022

Friday, October 7, 2016 4:51
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(Before It's News)

The Global IR Spectroscopy market is estimated to be $0.75 billion in 2015 with a CAGR of 7.07% is poised to reach $1.21 million by 2022. Some of the major trends in this market include, increasing proteomics market and acceptance of NIR spectroscopy in seed quality detection. Furthermore, rising R&D funds in life science, greater acceptance of food fingerprinting techniques and technological advancements are some of the factors favouring the market growth. However, technical limitations and unavailability of IR spectroscopy devices will hamper the market. Moreover, rising advancements in biological applications will provide an immense growth opportunity over the forecast period.


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Portable Spectroscopes segment is anticipated to witness highest CAGR during the forecast period owing to reduced complications, less space requirement and improved workflow. Asia Pacific is projected to grow at a highest growth rate and North America commanded the largest market share during the forecast period owing to rising food safety concerns, increasing government funding and strict drug regulations.


The major key players in this market include Thermo Fisher Scientific Inc., Spectra Analysis Instruments Inc., Perkinelmer Inc., Horiba, Ltd., Bayspec, Inc., Foss A/S, Teledyne Technologies Inc., Princeton Instruments (PI), Jasco Inc., Bruker Corp. and others.


Technology Covered:

• Spectrum Sensitivity

• Cooling Requirement


Product Type Covered:

• Hyphenated IR Spectroscope

• Micro IR Spectroscope

• Portable IR Spectroscope

• Benchtop IR Spectroscope


Application Covered:

• Semiconductor

• Environmental

• Chemicals

• Biological

• Food & Beverages


Regions Covered:

• North America

o US

o Canada

o Mexico

• Europe

o Germany

o France

o Italy

o UK

o Spain

o Rest of Europe

• Asia Pacific


What our report offers:

- Market share assessments for the regional and country level segments

- Market share analysis of the top industry players

- Strategic recommendations for the new entrants

- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets

- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

- Strategic recommendations in key business segments based on the market estimations

- Competitive landscaping mapping the key common trends

- Company profiling with detailed strategies, financials, and recent developments

- Supply chain trends mapping the latest technological advancements


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Table of Content

1 Executive Summary


2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions


3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Technology Analysis

3.7 Product Analysis

3.8 Application Analysis

3.9 Emerging Markets


4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry


5 Global IR Spectroscopy Market, By Technology

5.1 Introduction

5.2 Spectrum Sensitivity

5.2.1 Far Infrared (Far IR)

5.2.2 Near Infrared (NIR)

5.2.3 Mid Infrared (Mid IR)

5.3 Cooling Requirement


6 Global IR Spectroscopy Market, By Product Type


7 Global IR Spectroscopy Market, By Application


8 Global IR Spectroscopy Market, By Geography


9 Key Developments


10 Company Profiling


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Ph: +44 208 133 9349 (UK)           


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