Press release
Fiber Optical Spectrometer Market Analysis and Growth Potential Report 2019 | Ocean Optics, Avantes, B&W Tek, StellarNet
Fiber optical spectrometer also used optical fiber as signal coupling device, coupling measured light to spectrometer for spectral analysis. Fiber optic spectrometer has the advantage of modularity and flexibility of the measurement system.United States is the dominate producer of fiber optical spectrometer, the production is 37524 Units in 2017, according for about 79.68% of the total amount, followed by China, with the production market share of 7.84%. China has the highest production growth rate of 6.1% from 2013 to 2017. Even though a huge space for growth in the Chinese market exists, the quality and technology should further improve.
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Leading players in fiber optical spectrometer industry are Ocean Optics, Avantes, B&W Tek, StellarNet and Hamamtsu, etc. Ocean Optics is the largest manufacturer, with the market share of 62.15% in 2017. The top three companies occupied about 75.86% share of the market in 2017.
Color measurement accounted for the largest market with about 41.51% of the global consumption for fiber optical spectrometer in 2017. Moreover, it is anticipated to grow at a CAGR of 2.10% during the forecast period. With over 29.32% share of in the global fiber optical spectrometer market, spectral measurement was the second largest application market in 2017, and is anticipated to grow at a CAGR of 2.31%, in terms of consumption, during the forecast period.
The price of fiber optical spectrometer is lower year by year from 7615 $/Unit in 2013 to 7091 $/Unit in 2017. The product profit margin is about 46.54% in 2017, and it also descends in recent years. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing.
The global Fiber Optical Spectrometer market is valued at 330 million US$ in 2018 is expected to reach 370 million US$ by the end of 2025, growing at a CAGR of 1.2% during 2019-2025.
This report focuses on Fiber Optical Spectrometer volume and value at global level, regional level and company level. From a global perspective, this report represents overall Fiber Optical Spectrometer market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Click to view Tables, Charts, Figures, TOC, and Companies Mentioned in the global Fiber Optical Spectrometer market Report: https://www.qyresearch.com/index/detail/965242/global-fiber-optical-spectrometer-growth-potential
The following manufacturers are covered:
Ocean Optics
Avantes
B&W Tek
StellarNet
Hamamtsu
Fibre Photonics
Shanghai Ideaoptics
ALS
Flight Technology
BaySpec
Gztek
Enhanced Spectrometry
Changchun Yunteng Tech
Hangzhou Seemantech
Wyoptics
Segment by Regions:
North America
Europe
China
Japan
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Segment by Type:
Ultraviolet Band
Infrared Band
Near Infrared Band
Others
Segment by Application:
Color Measurement
Spectral Measurement
Film Thickness Measurement
Others
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