Global Atomic Spectroscopy Market projected to grow at 6.5% CAGR up to 2024 | Major Players Analytik Jena AG, GBC Scientific Equipment, Labnics Equipment, SAFAS Monaco, Hitachi High-Technologies Corporation, Avantor and, Sigma-Aldrich Co. LLC among others

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Global Atomic Spectroscopy market is expected to reach USD 8.09 billion by 2024 from USD 4.66 billion in 2016, at a CAGR of 7.2% in the forecast period 2017 to 2024.

The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024

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Major Players:

The major players operating in this market are Thermo Fisher Scientific Inc., Agilent Technologies, PerkinElmer, Inc., Bruker Corporation, Rigaku Corporation, Aurora Biomed, Buck Scientific, Shimadzu Corporation, Analytik Jena AG, GBC Scientific Equipment, Labnics Equipment, SAFAS Monaco, Hitachi High-Technologies Corporation, Avantor and, Sigma-Aldrich Co. LLC among others.
Atomic Spectroscopy involves the process of interaction of light with gaseous atoms. This is a device that helps in converting sample gaseous atoms in an atom cell which can be flamed. Atomic Spectroscopy is applied to determine elemental composition. Atomic absorption spectrometers are one of the most commonly sold and used analytical devices. Drug discovery and development, metabolomics, and diagnostics are some of the applications using atomic spectroscopy.
The market is segmented on the basis of type, application, end-users, distribution channel and geography.

On the basis of type the global atomic spectroscopy is segmented into instruments and reagents. The instruments market sub-segment is further segmented into atomic absorption spectrometers, X-ray fluorescence spectrometers, X-ray diffraction spectrometers, inductively coupled plasma mass spectrometers (ICP-MS), inductively coupled plasma (ICP) spectrometers, and others.

Among all technology X-ray florescence spectroscopes is traditionally most used in atomic spectroscopy market. X-ray florescence is user friendly and cost efficient in nature. Atomic absorption spectrometers are one of the most commonly sold and used analytical devices. Inductively coupled plasma mass spectroscopy (ICP-MS) is expected to grow at the highest CAGR in the forecast period 2017 to 2014.

The ICP – MS high growth rate is owing to its high sensitivity among atomic spectroscopy technologies, flexibility of use is increasing number of applications among others.

Based on application the market is segmented into food and beverage testing, pharmaceutical, industrial, environmental testing, geological sciences, petrochemical, academics and, others. Among all application pharmaceutical market share is highest in atomic spectroscopy market. Due to increased utilization of atomic spectroscopy in the various pharmaceutical activities such as drugs manufacturing and trace metal analysis the market size is growing. Their efficiency helps develop and manufacture drugs precisely, that increases the usage of atomic spectroscopy while manufacturing drugs by pharmaceutical companies.

Based on geography the market is segmented into 7 geographical regions, North America, Latin America, Europe, Asia-Pacific, Japan and Middle East and Africa. The geographical regions are further segmented into major countries such as U.S. Canada, Brazil, Argentina, Nordics, Benelux, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Australia and New Zealand, Brazil, India, Russia, South Africa and many others. North America is expected to dominate the market for atomic spectroscopy owing to technological developments and high expenditure in research and development.

The global atomic spectroscopy market is highly fragmented with various companies operating in local regions. To increase their footprints in this market the major players have used various strategies such as new product launches, expansions, agreements, partnerships, acquisitions, and others. For example, on May 3rd, 2016 introduced the Agilent 5110 ICP-OES will enable scientists to perform faster, more precise ICP-OES analysis than ever before in food, environmental and pharmaceutical testing as well as for mining and industrial applications. The market scope also covers company shares for atomic spectroscopy market for North America, U.S., Europe, Germany, France, U.K., Asia Pacific, Japan, China, South America and Middle East and Africa.

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Table of Contents:

Chapter 1: Study Coverage
Chapter 2: Executive Summary
Chapter 3: Market Size-by Manufacturers
Chapter 4: Production-by Regions
Chapter 5: Consumption-by Regions
Chapter 6: Market Size-by Type
Chapter 7: Market Size-by Application
Chapter 8: Manufacturers Profiles
Chapter 9: Production Forecasts
Chapter 10: Consumption Forecast
Chapter 11: Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12: Opportunities & Challenges, Threat and Affecting Factors
Chapter 13: Key Findings
Chapter 14: Appendix

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