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Infrared Spectroscopy Market Industry Size & Share, Comprehensive Analysis to 2026 | TeraView Limited, Teledyne Technologies Incorporated, Agilent Technologies, Inc
Global Infrared Spectroscopy Market
The global infrared spectroscopy market is expected to rise to an estimated value of USD 1.65 billion by 2026 registering a substantial CAGR of 7.2% in the forecast period of 2019-2026. This rise in the market can be attributed to rising R&D investment in pharma and life sciences, strict regulations and laws pertaining to process analytical technology in the pharmaceuticals industry, and technological advancements and developments in the field of spectroscopy
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Key Market Competitors: Global Infrared Spectroscopy Market
Few of the major market competitors currently working in the infrared spectroscopy market are TeraView Limited, Teledyne Technologies Incorporated, Agilent Technologies, Inc., BaySpec, Inc., HORIBA ABX, Ltd., Spectra Analysis Instruments, Inc., Avantes BV, Bruker, Carl Zeiss AG, Galaxy Scientific Inc, Gasera Ltd., Ibsen Photonics A/S, Merck KGaA, Darmstadt, PerkinElmer Inc., Shimadzu Corporation, VIAVI Solutions Inc., JASCO., Teledyne Princeton Instruments, Menlo Systems, TOPTICA Photonics AG, Advancedphotonix, among others.
Global Infrared Spectroscopy Market By Product Type (Benchtop IR Spectroscope, IR Microscopy, Portable IR Spectroscope, Hyphenated IR Spectroscope, Terahertz IR Spectroscope), Spectrum (Near Infrared, Far Infrared, Mid Infrared), Application (Pharma and Biotech, Food and Beverages, Environmental Testing, Academics, Security, Industrial, Petrochemicals, Semiconductors, Others), Technology (Dispersive Infrared Spectroscopy and Fourier Transform Infrared (FTIR) Spectroscopy), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends & Forecast to 2026
Market Definition:
Infrared spectroscopy is the most commonly used analytical technique. It is used by scientific researchers in many activities, such as protein characterization, nanoscale semiconductor analysis, and space exploration. Infrared spectroscopy provides several advantages, such as high scan speed, high resolution, and high sensitivity. It also provides a wide range of applications, such as identification of substances, determination of molecular structure, detection of impurities, and identification of functional groups. Infrared spectroscopy can be used in both qualitative and quantitative analysis and it does not have phase constraints.
Competitive Analysis :
The global IR spectroscopy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Some examples of recent strategies/developments are: In February 2014, Thermofisher Scientific, Inc. acquired Life Technology Inc., in November 2014, Agilent Technologies introduced its portable FTIR package among others. The report includes market shares of IR spectroscopy market for global, Europe, North America, Asia Pacific and Rest of the World.
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Competitive Analysis: Global Infrared Spectroscopy Market
The global infrared spectroscopy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of infrared spectroscopy market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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Reasons to Purchase this Report
Current and future of global infrared spectroscopy market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Segmentation: Global Infrared Spectroscopy Market
By Product Type
Benchtop IR Spectroscope
IR Microscopy
Portable IR Spectroscope
Hyphenated IR Spectroscope
Terahertz IR Spectroscope
By Spectrum
Near Infrared
Far Infrared
Mid Infrared
By Application
Pharma and Biotech
Food and Beverages
Environmental Testing
Academics
Security
Industrial
Petrochemicals
Semiconductors
Others
By Technology
Dispersive Infrared Spectroscopy
Fourier Transform Infrared (FTIR) Spectroscopy
By Geography
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