Global Atomic Spectroscopy Market: Overview
Atomic spectroscopy involves the interaction of gaseous atoms with light, whereby conversion of a gaseous atom takes place. The determination of elemental composition while using electromagnetic spectrum or mass is central to spectroscopy. Atomic emission, atomic absorption, and atomic florescence are the three techniques of the atomic spectroscopy determination process. Atomic spectroscopy is widely used in several industries across the globe, thereby accelerating the expansion of the global atomic spectroscopy market.
The report provides an accurate analysis of the competitive landscape, the trends and opportunities, and drivers and restraints. A technological growth map, a multiple-year forecast, together with Porter’s five force analysis is included in the report. A review of macro and micro factors in the market, recommendations, and recent technological advancements are also covered. The report categorizes the major segments according to application as pharmaceutical, biotechnology, food and beverage testing, environmental testing, industrial chemistry, and others. On the basis of technology, x-ray diffraction spectroscopy, x-ray florescence spectroscopy, elemental analyzers, inductively coupled plasma mass spectroscopy (ICP-MS), atomic absorption spectroscopy, inductively coupled plasma spectroscopy, and others are the key segments.
Global Atomic Spectroscopy Market: Drivers and Restraints
Rising demand for futuristic, highly advanced analytical tools, the spread of technology among numerous R&D sectors, and increased significance of the discovery of new molecules among chemical and pharmaceutical organizations have been the key factors fuelling the demand for atomic spectroscopy. Furthermore, government encouragement of research activities, constant rise in the international standards for drug safety and food, together with its growing number of applications, have been some of the prominent drivers of this market. The most important driver is believed to be the extensive R&D initiatives. On the contrary, high maintenance costs, inadequate funds for initial set-up and instrumentation, lack of awareness, and shortage of skilled personnel are the chief restraints in the global atomic spectroscopy market.
Today, atomic spectroscopy has found application in pharmaceutical industries, food industries, in research laboratories, and for diagnostic purposes. In agriculture, it can be used for analyzing minerals in soil and plants, in order to foster their health and growth. In environmental sciences, atomic spectroscopy helps determine the presence of heavy and toxic metals in air, water, and soil. Monitoring potentially harmful elements in water and waste output in nuclear energy, analyzing fine as well as raw chemicals in the chemical industry, and testing and quality assurance in food industry are some of the uses of atomic spectroscopy.
Global Atomic Spectroscopy Market: Regional Analysis
North America stood first among regional markets for atomic spectroscopy, while Europe took charge of the second position. The ever-extending demand for atomic spectroscopy in regards to application and significant technological achievements in the region have been the major reasons for North America’s success. Although Asia Pacific ranks third among the regional segments, it will spring up to a great extent in near future, claiming a significant share in the global market for atomic spectroscopy. This is due to the tremendous opportunities held by the India and China markets. Moreover, the inclination of manufacturers towards investment in R&D activities in order to tap higher profits from these promising markets will be responsible for the advancement of the Asia Pacific atomic spectroscopy market.
Key Players Mentioned in the Report
Thermo Fisher Scientific, Inc., Aurora Biomed, GBC Scientific Equipment Pty Ltd., Agilent Technologies, Bruker Corporation, Hitachi High-Technologies Corporation, Rigaku Corporation, Analytik Jena Ag, Shimadzu Corporation, and PerkinElmer, Inc. are some of the major competitors mentioned in the report.
The global market for atomic spectroscopy can be segmented as follows:
- X-Ray fluorescence spectroscopy
- Atomic absorption spectroscopy
- X-Ray diffraction spectroscopy
- Inductively coupled plasma (ICP) spectroscopy
- Inductively coupled plasma mass spectroscopy (ICP-MS)
- Elemental analyzers
- Food and beverage testing
- Industrial chemistry
- Environmental testing
Major regions analyzed under this research report are:
- North America
- Asia Pacific
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments