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Global Absorption Spectrometers Industry Overview
The rising demand for analyzing the elemental composition of samples is the major factor driving the absorption spectrometers market growth. Absorption spectrometers are increasingly being used to trace and analyze the composition of elements in food samples, and mining or rock samples to control the contamination caused by trace elements in these samples. Additionally, absorption spectrometers help in determining the elemental composition of unknown substances that can be converted into known compounds. Several end-user sectors are opting for absorption spectrometers to analyze elemental and isotopic components of samples, thereby driving the absorption spectrometers market growth.
Technological advancements in absorption spectroscopy is one of the key absorption spectrometers market trends which will positively impact the market growth in the coming years. Electrothermal atomization (ETA) atomic absorption spectrometry is gaining popularity as it offers a high-sensitivity quantitative analysis of a variety of samples for metals. Other technological advancements include dual-beam optics for improved performance, integrated hardware safety features, and automatic mass flow controller gas controls. The absorption spectrometers market forecast report predicts that fueled by these factors, the market will grow at a CAGR of over 5% during the forecast period.
Top absorption spectrometers companies covered in this market research report
The absorption spectrometers market is moderately fragmented. As the market continues to grow during the forecast period, it will become further fragmented and offer several opportunities to the market players. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this absorption spectrometers industry analysis report will aid clients to identify new growth opportunities and plan better business strategies.
The report offers a complete analysis of various companies including:
- Agilent Technologies
- Aurora Biomed
- Bruker
- PerkinElmer
- Thermo Fisher Scientific
Absorption spectrometers market segmentation based on geographic regions
Global absorption spectrometers market analysis reveals that the Americas will lead the absorption spectrometers market share until 2023. The APAC region will account for the highest absorption spectrometers market growth throughout the forecast period.
Absorption spectrometers market segmentation based on end users
- Food and beverage industry
- Pharmaceutical and biotechnology industry
- Others
The food and beverage industry is the single largest end-user segment holding the largest absorption spectrometers market share. Others segment, which includes academic institutions, agriculture, chemical, mining, and forensic research, will account for the highest absorption spectrometers market growth. Additionally, the report also provides an accurate prediction of the contribution of the various end-user segments to the growth of the absorption spectrometers market size.
Key highlights of the global absorption spectrometers market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the absorption spectrometers market during the next five years
- Precise estimation of the global absorption spectrometers market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the absorption spectrometers industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of absorption spectrometers companies
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- Food and beverage industry - Market size and forecast 2018-2023
- Pharmaceutical and biotechnology industry -
- Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Americas - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- Market trends
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Agilent Technologies
- Aurora Biomed
- Bruker
- PerkinElmer
- Thermo Fisher Scientific
PART 13: APPENDIX
- Research methodology
- List of abbreviations
PART 14: EXPLORE TECHNAVIO
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape