#Spectroscopy Market

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NIR and Raman Spectroscopy Market

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Near-infrared Spectroscopy Market: A Comprehensive Overview of Growth and Innovation

The global near-infrared spectroscopy market size is expected to reach USD 806.4 million by 2030, registering a CAGR of 5.8% over the forecast period, according to a new report by Grand View Research, Inc. The growing implementation of an analytical technique for raw materials in numerous sectors, such as oil & gas and agriculture, coupled with their increasing applications is anticipated to spur industry growth. For instance, various herbs and plants with therapeutic and medicinal properties are analyzed through near-infrared (NIR) spectroscopy to assess the bio-active components. The industry has witnessed considerable growth in 2021 and is expected to have similar developments during the forecasted period.

The demand for the products from the material science sector is a substantial contributor to the revenue. NIR spectrometry provides significant advantages as a process analytical technology over other techniques including wet chemical methods, resulting in increasing preference from manufacturers. Other determinants, such as rapid advancement in the workflows of material verification, as well as improving risk management in the supply chain by manufacturers to fulfill the GMP criteria, are also contributing to the growth. The major 20 pharmaceutical manufacturers employ portable NIR analyzers to authenticate either raw materials or finished products to comply with GMP guidelines. Similarly, regulatory bodies in Europe, North America, Africa, and Asia have purchased the product to strengthen their counterfeiting efforts.

The COVID-19 pandemic had a positive impact on the demand from pharmaceutical manufacturers. However, the disruptions in industries, such as electronics & semiconductors, food & beverages, and chemical, are projected to have an adverse impact on the growth rate. For instance, in February 2021, the U.S. government reviewed the supply chain of pharma and semiconductors to strengthen the domestic investment and process of manufacturing. The imposed lockdown norms across the globe created shortages in supplies and inflated the cost of raw materials, this affected the profitability of the players. Similarly, the capability of NIR spectroscopy to identify the polymers that are used in the packaging of pharmaceutical and nutraceutical products is anticipated to be another determinant of industry growth.

Gather more insights about the market drivers, restrains and growth of the Near-infrared Spectroscopy Market

Near-infrared Spectroscopy Market Report Highlights

• The Fourier Transform-based (FT-NIR) spectrometers product segment held the major revenue share owing to the high accuracy in the material testing and verification

• The particle measurement application segment had a substantial share in 2022 due to strict measures by emerging countries for dealing with counterfeited medicines

• The portable near-infrared spectroscopy type segment is anticipated to register the fastest CAGR during the forecasted period

• MicroPHAZIR RX analyzer by Thermo Fisher Scientific is one of the portable NIR spectrometry that can analyze various applications

• Europe dominated the global industry in 2022 due to the establishment of a large number of pharmaceutical manufacturers and strict regulations for quality-check as a part of GMP compliance

• Asia Pacific is estimated to grow at the fastest CAGR over the forecasted period owing to the expansion of the semiconductors industry in emerging regions, such as India

Near-infrared Spectroscopy Market Segmentation

Grand View Research has segmented the global near-infrared Spectroscopy market based on product, type, application, and region:

NIR Spectroscopy Product Outlook (Revenue, USD Million, 2018 - 2030)

• Dispersive Infrared Spectroscopy

• Fourier Transform-Based (FT-NIR) Spectrometers

NIR Spectroscopy Type Outlook (Revenue, USD Million, 2018 - 2030)

• Benchtop

• Portable

NIR Spectroscopy Application Outlook (Revenue, USD Million, 2018 - 2030)

• Medical Applications

• Astronomical Spectroscopy

• Remote Monitoring

• Agriculture

• Particle Measurement

• Material Science

• Industrial Use

NIR Spectroscopy Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

o Italy

o Spain

• Asia Pacific

o Japan

o China

o India

o South Korea

o Australia

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East & Africa

o South Africa

o Saudi Arabia

o UAE

Order a free sample PDF of the Near-infrared Spectroscopy Market Intelligence Study, published by Grand View Research.

[rohitpalan]

Optical emission spectroscopy Market- New Technological Development Projecting Massive Growth till 2027

Businesses in the optical emission spectroscopy industry provide specialist solutions to meet the needs of many industries, including waste management, automotive, and the medical field. The introduction of novel solutions is driving worldwide market revenues, according to a recent Future Market Insights (FMI) analysis.

As per the FMI analysis, market participants may enhance their revenue production and sales by means of strategic mergers, acquisitions, and collaborations with different research institutes and providers of optical emission spectroscopy equipment and services. These partnerships will also encourage the creation of fresh approaches to technological innovation.

The report profiles some of the leading companies operating in the optical emission spectroscopy market such as Thermo Fisher Scientific Inc., Agilent Technologies Inc., Waters Corporation, LECO Corporation, Hitachi High-Technologies Corp., Yokogawa Electric Corporation, Stellarnet Inc., Rigaku Corporation, Bruker Corp., Sartorius AG, PerkinElmer Inc., Danaher Corp., AMETEK Inc., JEOL Ltd., and Shimadzu Corp.

Request a Sample Report with Table of Contents and Figures

The report throws light on the various factors impacting revenue growth of the global market.With an estimated 5% compound annual growth rate, the optical emission spectroscopy market is expected to reach a valuation of just under US$ 576 Million in 2019. FMI attributes growth in revenue of the optical emission spectroscopy market to a rapidly expanding laboratory automation sector and increasing technological advancements in spectroscopy equipment. The abilities offered by optical emission spectroscopy, such as the ability to analyse a vast range of elements, from lithium to uranium in solid elemental metal instances, and the ability to cover a vast concentration range with high accuracy and precision and low detection limits, are encouraging the adoption of specialised optical emission spectroscopy equipment and services by various industries.

Increasing Global Spending on R&D Activities to Fuel Adoption of Optical Emission Spectroscopy

The last few years have witnessed concerted efforts by governments of leading economies such as the United States, France, Germany, the United Kingdom, Japan, Russia, China, and India towards research initiatives to drive the development of commercial healthcare infrastructure. Further, various global research organizations are focussing on expanding their budgets to accommodate the management of day-to-day laboratory operations and challenges. These initiatives are pushing revenues in the global market for optical emission spectroscopy.

Collaborations Between Equipment Providers and Research Institutes to Define the Global Optical Emission Spectroscopy Market

The increasing adoption of spectroscopy technology in the agriculture, chemicals, pharmaceutical, and clinical analysis sectors are paving the way for mergers and acquisitions in the optical emission spectroscopy market. Growing demand for advanced laboratory equipment coupled with technological innovation is impelling providers of optical emission spectroscopy equipment to collaborate with one another to meet specific customer demands. Increasing partnerships among spectroscopy equipment providers and research institutes can also be witnessed in the global market.

Key Segmental Insights from the Report

On the basis of source of excitation, Arc/spark optical emission spectroscopy is expected to hold the largest market share; however, inductively coupled plasma optical emission spectroscopy is expected to continue finding new applications across different industry verticals.

The food industry is expected to hold the largest market share in the optical emission spectroscopy market on account of high demand for efficient and highly regulated food safety analysis.

Among the regions, Asia Pacific Excluding Japan is projected to remain the largest market for optical emission spectroscopy followed by North America.

Quick Insights on the Optical Emission Spectroscopy Market Structure

Tier-1 optical emission spectroscopy providers such as Agilent Technologies, Thermo Fisher Scientific Inc., PerkinElmer Inc., and Hitachi High-Technologies Corporation collectively account for around 35%-37% value share of the global market, with a significant global coverage. These players hold an individual market share of more than 5%.

Tier-2 companies such as Shimadzu Corporation and Bruker Corporation hold a market share of more than 2% but less than 5%.

Tier-3 companies are relatively new entrants in the optical emission spectroscopy market and comprise local and regional players. These companies hold a market share of less than 2%.

Key Segments

With regards to component, the global optical emission spectroscopy market has been segmented into the following:

Solutions

Services

By source of excitation, the global optical emission spectroscopy market has been segmented into the following:

Arc/Spark Optical Emission Spectroscopy

Inductively Coupled Plasma (ICP) Optical Emission Spectroscopy

In terms of vertical, the global optical emission spectroscopy market has been segmented into the following:

Metallurgy

Food

Aeronautics and Aerospace

Pharmaceutical

Others

Key Regions

North America

S.

Canada

Latin America

Brazil

Mexico

Rest of Latin America

Europe

Germany

K.

France

Spain

Italy

Rest of Europe

APEJ

China

India

Malaysia

Singapore

Australia

Rest of APEJ

Japan

MEA

GCC Countries

Israel

South Africa

Rest of MEA

[delightfullyatomiccollector-blog]

IR Spectroscopy Market Size, Share, Opportunities and Growth Analysis To 2029 

The global IR spectroscopy market was valued at USD 1.2 billion in 2024 and is projected to reach USD 1.6 billion by 2029; it is expected to register a CAGR of 6.5% during the forecast period according to a new report by MarketsandMarkets™. 

The rise in demand for IR spectroscopy systems is attributed to the growth in the number of healthcare institutions and clinical research centers, increase in R&D investments in healthcare and pharmaceuticals industry, and continuous technological advancements in IR spectroscopy.

[harshnews]

In-line UV-Vis Spectroscopy Market Size, Share, Trends, Growth and Competitive Outlook

"Global In-line UV-Vis Spectroscopy Market – Industry Trends and Forecast to 2029

Global In-line UV-Vis Spectroscopy Market, By Instrument Type (Single-Beam, Dual-Beam, Array-Based , Handheld),  Application (Color Measurement, Chemical Concentration, Turbidity & Haze Measurement, Thickness Measurement), End-user (Plastics Industry, Chemical Industry, Food & Beverages, Pharmaceutical Industry, Painting & Coating Industry, Other Industries) – Industry Trends and Forecast to 2029

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**Segments**

- **Product Type**: The in-line UV-Vis spectroscopy market can be segmented based on product type into instruments and consumables. Instruments are further categorized into in-line UV-Vis spectrophotometers and in-line UV-Vis spectrometers. Consumables include cells, cuvettes, and other accessories used in in-line UV-Vis spectroscopy.

- **End-User**: The market can also be segmented by end-user, comprising pharmaceutical companies, research laboratories, academic institutions, food and beverage industry, environmental monitoring agencies, and other industries utilizing in-line UV-Vis spectroscopy for various applications.

- **Application**: In terms of applications, the in-line UV-Vis spectroscopy market can be segmented into chemical analysis, biological analysis, pharmaceutical analysis, environmental analysis, industrial process monitoring, and other specialized applications requiring real-time monitoring and analysis.

**Market Players**

- **Thermo Fisher Scientific Inc.**: A renowned player in the market offering a wide range of in-line UV-Vis spectroscopy solutions for various industries, known for its technological innovations and reliable products.

- **Agilent Technologies**: Another key player providing cutting-edge in-line UV-Vis spectrophotometers and related equipment, focusing on precision and accuracy in spectroscopic analysis.

- **PerkinElmer**: A global leader in the field of analytical instrumentation, PerkinElmer offers advanced in-line UV-Vis spectroscopy solutions tailored for specific industry requirements and research applications.

- **Shimadzu Corporation**: Known for its high-performance analytical instruments, Shimadzu offers a range of in-line UV-Vis spectrometers with innovative features for enhanced spectroscopic analysis.

- **Bruker Corporation**: Specializing in scientific instruments, Bruker has a strong presence in the in-line UV-Vis spectroscopy market, catering to diverse industrial and research needs with its advanced spectroscopic solutions.

The in-line UV-Vis spectroscopy market is witnessing significant growth driven by theThe in-line UV-Vis spectroscopy market is experiencing substantial growth owing to several key factors. One of the primary drivers of market expansion is the increasing demand for real-time monitoring and analysis solutions across various industries such as pharmaceuticals, food and beverage, and environmental monitoring. In-line UV-Vis spectroscopy offers the advantage of continuous measurement, enabling industries to achieve improved process control, quality assurance, and research outcomes. The ability of in-line UV-Vis spectroscopy to provide rapid and accurate analytical results is a significant factor propelling its adoption in diverse applications.

Moreover, technological advancements in in-line UV-Vis spectroscopy instruments and consumables are driving market growth. Market players such as Thermo Fisher Scientific Inc., Agilent Technologies, PerkinElmer, Shimadzu Corporation, and Bruker Corporation are investing in research and development activities to introduce innovative products with enhanced features and functionalities. These advancements include improved spectral resolution, expanded wavelength range, increased sensitivity, and compatibility with different sample types, thereby widening the scope of applications for in-line UV-Vis spectroscopy.

Furthermore, the stringent regulatory requirements in industries such as pharmaceuticals and environmental monitoring are fostering the adoption of in-line UV-Vis spectroscopy for compliance monitoring, quality control, and process validation purposes. The ability of in-line UV-Vis spectroscopy to provide accurate and reliable data aligns with regulatory standards, making it a preferred analytical technique in highly regulated sectors. Additionally, the growing emphasis on sustainability and resource efficiency is driving the adoption of in-line UV-Vis spectroscopy for monitoring and optimizing industrial processes to minimize waste and energy consumption.

On the regional front, North America and Europe dominate the in-line UV-Vis spectroscopy market due to the presence of established players, technological advancements, and robust research infrastructure. Asia-Pacific is also emerging as a lucrative market for in-line UV-Vis spectroscopy, fueled by rapid industrialization, increasing investments in research and development, and growing awareness about the benefits of real-time spectroscopic analysis.

**Global In-line UV-Vis Spectroscopy Market Analysis**

- **Instrument Type**: The market offers a variety of instrument types, including single-beam, dual-beam, array-based, and handheld in-line UV-Vis spectrometers, each catering to specific industry requirements and applications. Single-beam spectrometers are widely used for simple measurements, while dual-beam spectrometers offer enhanced accuracy and stability. Array-based spectrometers provide higher throughput and multi-channel measurements, and handheld devices offer portability and on-the-go analysis capabilities. These instrument types cater to a wide range of end-users across various industries.

- **Application**: In-line UV-Vis spectroscopy finds applications in color measurement, chemical concentration analysis, turbidity and haze measurement, and thickness measurement. Color measurement is crucial in industries such as textiles, paints, and coatings for quality control and product consistency. Chemical concentration analysis is vital in pharmaceuticals, food, and beverage industries for ensuring product formulations and purity. Turbidity and haze measurements are essential in environmental monitoring and water treatment processes, while thickness measurement is critical in manufacturing processes requiring precise material thickness control.

- **End-User**: The end-users of in-line UV-Vis spectroscopy include the plastics industry, chemical industry, food and beverages sector, pharmaceutical industry, painting and coating industry, and other industries requiring real-time and accurate spectroscopic analysis for process optimization, quality control, and research applications. Each end-user segment benefits from the unique features and

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global In-line UV-Vis Spectroscopy Market

Chapter 3: Regional analysis of the Global In-line UV-Vis Spectroscopy Market industry

Chapter 4: In-line UV-Vis Spectroscopy Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

Key takeaways from the In-line UV-Vis Spectroscopy Market report:

Detailed considerate of In-line UV-Vis Spectroscopy Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.

Comprehensive valuation of all prospects and threat in the

In depth study of industry strategies for growth of the In-line UV-Vis Spectroscopy Market-leading players.

In-line UV-Vis Spectroscopy Market latest innovations and major procedures.

Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.

Conclusive study about the growth conspiracy of In-line UV-Vis Spectroscopy Market for forthcoming years.

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https://carbonfacesocial.org/blogs/84473/Atomic-Spectroscopy-Market-Analysis-Size-Share-and-Forecast-2031

The Atomic Spectroscopy Market in 2023 is US$ 6.17 billion, and is expected to reach US$ 10.15 billion by 2031 at a CAGR of 6.42%.

[deepak28]

Molecular Spectroscopy Market Size 2024 | Anticipating Growth, Trends and Advancements By 2031

The "Molecular Spectroscopy Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political, economic, social, technological, environmental, and legal factors. Expert opinions and recent developments highlight the geographical distribution and forecast the market's trajectory, ensuring a robust foundation for strategic planning and investment.

What is the projected market size & growth rate of the Molecular Spectroscopy Market?

Market Analysis and Size

Molecular Spectroscopy is a common analytical tool used in universities, research institutions, and academic laboratories worldwide. It is integrated into various scientific disciplines, including chemistry, physics, biology, materials science, and pharmaceutical sciences. Many universities and research institutions have dedicated spectroscopy laboratories equipped with a range of spectroscopic instruments.

Data Bridge Market Research analyses that the global molecular spectroscopy market which was USD 7,221.29 million in 2022, is expected to reach USD 12,688.57 million by 2030, and is expected to undergo a CAGR of 7.3% during the forecast period 2023-2030. This indicates the market value. “Nuclear Magnetic Resonance Spectroscopy” dominates the technology segment of the molecular spectroscopy market owing to the growing demand for better methods of treatment and diagnosis. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

This research report is the result of an extensive primary and secondary research effort into the Molecular Spectroscopy market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Molecular Spectroscopy Market.

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Which are the driving factors of the Molecular Spectroscopy market?

The driving factors of the Molecular Spectroscopy market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Molecular Spectroscopy across various industries further propel market expansion.

Molecular Spectroscopy Market - Competitive and Segmentation Analysis:

Global Molecular Spectroscopy Market, By Technology (Nuclear Magnetic Resonance Spectroscopy, UV-Visible Spectroscopy, Infrared Spectroscopy, Near-Infrared Spectroscopy, Colour Measurement Spectroscopy, Raman Spectroscopy, Other Technologies), Application (Pharmaceutical Applications, Food and Beverage Testing, Biotechnology and Biopharmaceutical Applications, Environmental Testing, Academic Research, Other Applications) – Industry Trends and Forecast to 2031.

How do you determine the list of the key players included in the report?

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.

Which are the top companies operating in the Molecular Spectroscopy market?

Some of the major players operating in the global molecular spectroscopy market are:

Thermo Fisher Scientific Inc. (U.S.)

Bruker (U.S.)

PerkinElmer, Inc. (U.S.)

Agilent Technologies, Inc. (U.S.)

Eurofins Scientific (Luxembourg)

Danaher (U.S.)

Merck KGaA (Germany)

Siemens Healthcare GmbH (Germany)

Medtronic (Ireland)

ABB (Switzerland)

B&W Tek. (U.S.)

Digilab Inc. (U.S.)

Hamamatsu Photonics K.K. (Japan)

HORIBA, Ltd. (Japan)

JASCO International Co., Ltd. (Japan)

JEOL Ltd. (Japan)

Endress+Hauser Group Services AG (Switzerland)

Metrohm India Limited (Switzerland)

Montana Instruments Corporation (U.S.)

Coherent, Inc. (U.S.)

Teledyne Technologies Incorporated (U.S.)

Renishaw plc. (U.K.)

Shimadzu Corporation (Japan)

Short Description About Molecular Spectroscopy Market:

The Global Molecular Spectroscopy market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

North America, especially The United States, will still play an important role which can not be ignored. Any changes from United States might affect the development trend of Molecular Spectroscopy. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.

Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.

Molecular Spectroscopy Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.

Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.

This report focuses on the Molecular Spectroscopy in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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What are your main data sources?

Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters

What are the key regions in the global Molecular Spectroscopy market?

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil, Argentina, Columbia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This Molecular Spectroscopy Market Research/Analysis Report Contains Answers to your following Questions

What are the global trends in the Molecular Spectroscopy market?

Would the market witness an increase or decline in the demand in the coming years?

What is the estimated demand for different types of products in Molecular Spectroscopy?

What are the upcoming industry applications and trends for Molecular Spectroscopy market?

What Are Projections of Global Molecular Spectroscopy Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?

Where will the strategic developments take the industry in the mid to long-term?

What are the factors contributing to the final price of Molecular Spectroscopy?

What are the raw materials used for Molecular Spectroscopy manufacturing?

How big is the opportunity for the Molecular Spectroscopy market?

How will the increasing adoption of Molecular Spectroscopy for mining impact the growth rate of the overall market?

How much is the global Molecular Spectroscopy market worth? What was the value of the market In 2020?

Who are the major players operating in the Molecular Spectroscopy market? Which companies are the front runners?

Which are the recent industry trends that can be implemented to generate additional revenue streams?

What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Molecular Spectroscopy Industry?

Customization of the Report

Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

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Detailed TOC of Global Molecular Spectroscopy Market Insights and Forecast to 2031

Introduction

Market Segmentation

Executive Summary

Premium Insights

Market Overview

Molecular Spectroscopy Market By Type

Molecular Spectroscopy Market By Function

Molecular Spectroscopy Market By Material

Molecular Spectroscopy Market By End User

Molecular Spectroscopy Market By Region

Molecular Spectroscopy Market: Company Landscape

SWOT Analysis

Company Profiles

Continued...

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Today's trends are a great way to predict future events!

Data Bridge Market Research is a market research and consulting company that stands out for its innovative and distinctive approach, as well as its unmatched resilience and integrated methods. We are dedicated to identifying the best market opportunities, and providing insightful information that will help your business thrive in the marketplace. Data Bridge offers tailored solutions to complex business challenges. This facilitates a smooth decision-making process. Data Bridge was founded in Pune in 2015. It is the product of deep wisdom and experience.

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The Molecular Spectroscopy Market is Estimated to Witness High Growth Owing to Rising Demand from Pharmaceutical and Biotechnology Industries

Molecular spectroscopy is an analytical technique used to analyze fundamental aspects and structures of molecules. It helps examine the interaction of molecules with electromagnetic radiation or particles like electrons. Spectroscopy finds applications in various fields including pharmaceuticals, biotechnology, chemistry, material science and semiconductor industries. It is used for identification, quantification and characterization of analytes and for determining physical properties of molecules. The global molecular spectroscopy market is estimated to be valued at US$ 2.46 Bn in 2023 and is expected to exhibit a CAGR of 16% over the forecast period 2023-2028, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: One of the key drivers propelling the growth of the molecular spectroscopy market is the rising demand from the pharmaceutical and biotechnology industries. Molecular spectroscopy tools help rapidly analyze molecules in drug discovery, quality control of pharmaceutical drugs and clinical diagnostics. They are extensively used in fingerprinting molecules, identification of impurities, and characterization of new drug compounds during various stages of drug development. With increasing drug development activities and focus on precision medicine, demand for molecular spectroscopy is expected to rise substantially over the coming years. Rising demand from the pharmaceutical and biotechnology industries is attributed to increasing research activities in new drug discovery and development. Molecular spectroscopy finds wide applications right from drug discovery to quality testing of APIs and finished drug products. It helps analyze drug candidate molecules, understand drug-target interactions, and detect counterfeit or substandard drugs. Continued investments in R&D by pharma companies and growing pipeline of new molecular entities in clinical trials will complement the demand for molecular spectroscopy tools. SWOT Analysis Strength: Molecular spectroscopy has applications across various industries like pharmaceutical, biotechnology, environmental testing, and food testing. It has methods like IR, Raman, and NMR spectroscopy that offer high sensitivity and specificity for compound identification and characterization in a non-destructive manner. The growth in the pharmaceutical industry is leading to increasing R&D spending and driving demand for molecular spectroscopy techniques. Weakness: Molecular spectroscopy instruments are expensive to purchase and maintain. Proper training is required to operate these systems and analyze spectroscopic data. Interpretation of molecular spectra also requires experienced personnel. Small molecules are difficult to analyze using these techniques. Opportunity: The growing focus on drug discovery and food safety testing is creating opportunities for molecular spectroscopy vendors. The development of portable and handheld spectroscopy devices is further increasing the applications of these techniques in industries and academia. Integrating spectroscopy with separation techniques and adopting data analytics can provide additional insights. Threats: The availability of low-cost alternatives like chromatography techniques poses competition threats. Economic uncertainties and regulatory hurdles in different regions can adversely impact market demand. Dependence on skilled workforce can be a challenge.

Key Takeaways The global molecular spectroscopy market size is expected to witness high growth on account of rising pharma R&D spending and stringent food safety regulations.

Regional analysis: The Asia Pacific region is expected fastest growing market for molecular spectroscopy. This can be attributed to expanding pharma production and increasing adoption of these techniques in academic & research institutes of emerging countries. China and India are emerging as key markets due to low-cost manufacturing advantages and improving bioprocessing capabilities. Key players: The major players operating in the molecular spectroscopy market are Thermo Fisher Scientific, Agilent Technologies, Shimadzu Corporation, PerkinElmer, Bruker Corporation, and Waters Corporation. These companies offer comprehensive solutions including instruments, consumables, and services to various end-use segments globally. Get more insights on this topic: https://www.newswirestats.com/molecular-spectroscopy-market-size-and-outlook/

[rohitpalan]

Optical emission spectroscopy Market- New Technological Development Projecting Massive Growth till 2027

Businesses in the optical emission spectroscopy industry provide specialist solutions to meet the needs of many industries, including waste management, automotive, and the medical field. The introduction of novel solutions is driving worldwide market revenues, according to a recent Future Market Insights (FMI) analysis.

As per the FMI analysis, market participants may enhance their revenue production and sales by means of strategic mergers, acquisitions, and collaborations with different research institutes and providers of optical emission spectroscopy equipment and services. These partnerships will also encourage the creation of fresh approaches to technological innovation.

The report profiles some of the leading companies operating in the optical emission spectroscopy market such as Thermo Fisher Scientific Inc., Agilent Technologies Inc., Waters Corporation, LECO Corporation, Hitachi High-Technologies Corp., Yokogawa Electric Corporation, Stellarnet Inc., Rigaku Corporation, Bruker Corp., Sartorius AG, PerkinElmer Inc., Danaher Corp., AMETEK Inc., JEOL Ltd., and Shimadzu Corp.

The report throws light on the various factors impacting revenue growth of the global market.With an estimated 5% compound annual growth rate, the optical emission spectroscopy market is expected to reach a valuation of just under US$ 576 Million in 2019. FMI attributes growth in revenue of the optical emission spectroscopy market to a rapidly expanding laboratory automation sector and increasing technological advancements in spectroscopy equipment. The abilities offered by optical emission spectroscopy, such as the ability to analyse a vast range of elements, from lithium to uranium in solid elemental metal instances, and the ability to cover a vast concentration range with high accuracy and precision and low detection limits, are encouraging the adoption of specialised optical emission spectroscopy equipment and services by various industries.

Increasing Global Spending on R&D Activities to Fuel Adoption of Optical Emission Spectroscopy

The last few years have witnessed concerted efforts by governments of leading economies such as the United States, France, Germany, the United Kingdom, Japan, Russia, China, and India towards research initiatives to drive the development of commercial healthcare infrastructure. Further, various global research organizations are focussing on expanding their budgets to accommodate the management of day-to-day laboratory operations and challenges. These initiatives are pushing revenues in the global market for optical emission spectroscopy.

Collaborations Between Equipment Providers and Research Institutes to Define the Global Optical Emission Spectroscopy Market

The increasing adoption of spectroscopy technology in the agriculture, chemicals, pharmaceutical, and clinical analysis sectors are paving the way for mergers and acquisitions in the optical emission spectroscopy market. Growing demand for advanced laboratory equipment coupled with technological innovation is impelling providers of optical emission spectroscopy equipment to collaborate with one another to meet specific customer demands. Increasing partnerships among spectroscopy equipment providers and research institutes can also be witnessed in the global market.

Key Segmental Insights from the Report

On the basis of source of excitation, Arc/spark optical emission spectroscopy is expected to hold the largest market share; however, inductively coupled plasma optical emission spectroscopy is expected to continue finding new applications across different industry verticals.

The food industry is expected to hold the largest market share in the optical emission spectroscopy market on account of high demand for efficient and highly regulated food safety analysis.

Among the regions, Asia Pacific Excluding Japan is projected to remain the largest market for optical emission spectroscopy followed by North America.

Quick Insights on the Optical Emission Spectroscopy Market Structure

Tier-1 optical emission spectroscopy providers such as Agilent Technologies, Thermo Fisher Scientific Inc., PerkinElmer Inc., and Hitachi High-Technologies Corporation collectively account for around 35%-37% value share of the global market, with a significant global coverage. These players hold an individual market share of more than 5%.

Tier-2 companies such as Shimadzu Corporation and Bruker Corporation hold a market share of more than 2% but less than 5%.

Tier-3 companies are relatively new entrants in the optical emission spectroscopy market and comprise local and regional players. These companies hold a market share of less than 2%.

Key Segments

With regards to component, the global optical emission spectroscopy market has been segmented into the following:

Solutions

Services

By source of excitation, the global optical emission spectroscopy market has been segmented into the following:

Arc/Spark Optical Emission Spectroscopy

Inductively Coupled Plasma (ICP) Optical Emission Spectroscopy

In terms of vertical, the global optical emission spectroscopy market has been segmented into the following:

Metallurgy

Food

Aeronautics and Aerospace

Pharmaceutical

Others

Key Regions

North America

S.

Canada

Latin America

Brazil

Mexico

Rest of Latin America

Europe

Germany

K.

France

Spain

Italy

Rest of Europe

APEJ

China

India

Malaysia

Singapore

Australia

Rest of APEJ

Japan

MEA

GCC Countries

Israel

South Africa

Rest of MEA

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The global UV/Visible Spectroscopy Market size was USD 1.49 Billion in 2020 and is expected to register a CAGR of 5.1% during the forecast period.