Press release
What Will Boost the Process Spectroscopy Market in Coming Years? Key Players: ABB, Thermo Fisher Scientific, Agilent Technologies Ltd., Yokogawa, Danaher Corporation, Bruker, HORIBA, Shimadzu Corporation, BUCHI Labortechnik AG, Others
Sample PDF: https://www.fortunebusinessinsights.com/enquiry/sample/process-spectroscopy-market-100391
According to the report, North America is leading the global process spectroscopy market. In 2017, the North America market was valued at US$ 427.2 Mn. The report forecasts the process spectroscopy market in North America to continue dominating the rest of the world through the forecast period. Supported by rapid technological advancements, the market will witness impressive growth opportunities in the region.
Analysis by Top Key Players:
ABB
Thermo Fisher Scientific
Agilent Technologies Ltd.
Yokogawa
Danaher Corporation
Bruker
HORIBA
Shimadzu Corporation
BUCHI Labortechnik AG
Foss A/S.
Kett Electric Laboratory
Sartorius AG
During the forecast period, Asia Pacific is expected to grow at a relatively higher CAGR. The growth foreseen is attributable to the high presence of spectroscopy developers and service providers in Asia Pacific. Additionally, the Middle East and Africa is expected to witness impressive growth during the forecast period. Growth witnessed in the region is the result of increasing investments in research and development (R&D) on spectroscopy.
Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/process-spectroscopy-market-100391
On the basis of technology, NIR spectroscopy is the most popular technology in the global process spectroscopy market. According to the report, NIR spectroscopy held a dominant share of 52.6% in the global process spectroscopy market in 2019. In addition to this, the market is likely to gain from the rapid adoption of Raman spectroscopy in the agriculture sector. Raman spectroscopy is integrated with various useful functions and features; hence its application is increasing across diverse sectors. This is likely to propel the demand in the global process spectroscopy market. Besides this, molecular spectroscopy technology is exhibiting growth at a promising pace. The technology is widely adopted in food and agriculture and pharmaceutical industry and is anticipated to gain traction in several other application areas. Increased adoption of spectroscopy is likely to propel the growth rate in the global market during the forecast period.
Rapid Technological Advancements in Spectroscopy to Fuel Demand
The factors anticipated to drive the global process spectroscopy market during the forecast period are the introduction of new drugs and rising willingness among organizations to invest in improving their product quality. Moreover, spectroscopy service providers are conducting special researches to integrate innovative features in spectroscopy. This is expected to fuel the demand in the global process spectroscopy market.
On the flip side, high cost associated with spectroscopy and lack of awareness about spectroscopy availability may restrain the global process spectroscopy market.
“Programs launched by governments to encourage the use of spectroscopy, especially in developing nations such as India and China are anticipated to boost the global process spectroscopy market,” said a lead analyst at Fortune Business Insights.
Increasing Demand for Cloud-based Spectroscopy to Drive Global Market
The global process spectroscopy market is significantly gaining from frequent technological advancements. Market players are investing in the development of novel technologies and updating the existing ones. For instance, the introduction of cloud-based technology in spectroscopy will give considerable impetus to the global process spectroscopy market.
Some of the organizations operating in the global process spectroscopy market are Yokogawa Electric Corporation, Agilent Technologies, Bruker Corporation, HORIBA Ltd., Foss A/S., Sartorius AG, Kett Electric Laboratory, and Danaher Corporation.
Complete Report: https://www.fortunebusinessinsights.com/industry-reports/process-spectroscopy-market-100391"
Contact Us:
Fortune Business Insights Pvt Ltd
308, Supreme Headquarters,
Survey No 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
About Fortune Business Insights:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic intelligence, giving a granular overview of the they are operating in.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What Will Boost the Process Spectroscopy Market in Coming Years? Key Players: ABB, Thermo Fisher Scientific, Agilent Technologies Ltd., Yokogawa, Danaher Corporation, Bruker, HORIBA, Shimadzu Corporation, BUCHI Labortechnik AG, Others here
News-ID: 1836024 • Views: …
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
Digital Living Room Market 2017 - 2025 : Sharp Corporation, BenQ Corporation, So …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
