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Optical Emission Spectroscopy Market 2018-2023: Thermo Fisher Scientific, Ametek, Bruker, Hitachi High Technologies Corporation, Shimadzu, Horiba, PerkinElmer, Agilent Technologies, Skyray Instrument, Analytik Jena, SGS and Others.

04-17-2020 07:41 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Optical Emission Spectroscopy Market 2018-2023: Thermo Fisher

According to Market Study Report, Optical Emission Spectroscopy Market provides a comprehensive analysis of the Optical Emission Spectroscopy Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape, technological trends and market share information in the Optical Emission Spectroscopy Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Optical Emission Spectroscopy (OES) Market is estimated to grow from USD 582.2 Million in 2018 to USD 792.4 Million by 2023, at a CAGR of 6.36% from 2018 to 2023. This report spread across 161 pages, profiling 10 companies and supported with 66 tables and 54 figures are now available in this research.

Top Companies Profiled in the Optical Emission Spectroscopy Market:
o Thermo Fisher Scientific (US)
o Ametek (US)
o Bruker (US)
o Hitachi High Technologies Corporation (Japan)
o Shimadzu (Japan)
o Horiba (Japan)
o PerkinElmer (US)
o Agilent Technologies (US)
o Skyray Instrument (US)
o Analytik Jena (Germany)
o SGS (Switzerland)
o Bureau Veritas (Japan)
o Intertek (UK)
o TUV SUD (Germany)
o Element Materials Technology (UK)

"Optical emission spectroscopy equipment to hold larger market share in 2018"
OES equipment is expected to hold the largest share of the global optical emission spectroscopy market in 2018. Growing use of portable OES analyzers in metal producing and processing industries, such as metals and heavy machinery, automotive, aerospace & defense, and scrap and recycling industries; and rising use of ICP-OES across food & beverages, chemicals, pharmaceutical, and environmental industries are likely to increase the adoption of OES instruments. The market for services is expected to grow at a higher CAGR during the forecast period.

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"ICP-OES market to grow at higher rate during forecast period"
Arc/spark OES equipment is expected to hold the largest share of the OES equipment market in 2018. However, the market for the inductively coupled plasma optical emission spectroscopy (ICP-OES) equipment is expected to grow at the highest CAGR during the forecast period. ICP-OES offers multielemental determination capabilities by using sequential or simultaneous optical systems (using PMTs or CCDs as detection units).ICP-OES are mainly used in a wide range of verticals, such as environmental labs, pharmaceuticals & life sciences, food & beverages, and oil & gas.

"APAC expected to hold major market share in 2018"
APAC is expected to hold the largest share of the global optical emission spectroscopy (OES) market in 2018. Continuous advancements in APAC, in terms of economic growth, infrastructural developments, and the automotive industry, are likely to boost the requirement of OES equipment in this region. APAC is a major market for various sectors such as consumer electronics, automobiles, and defense. This region has become a global focal point for large investments and business expansion opportunities. APAC experiences a steady growth in all sectors.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 =40%, Tier 2=35%, and Tier 3 =25%
o By Designation: C-level Executives=20%, Directors=35%, and Others = 45%
o By Region: APAC=45%, Europe=32%, North America=20%, and RoW =3%

Competitive Landscape of Optical Emission Spectroscopy Market:
1 Introduction
2 Key Players of Optical Emission Spectroscopy Market
3 Competitive Situations & Trends
3.1 Product Launches & Developments
3.2 Mergers & Acquisitions
3.3 Expansions
3.4 Agreements, Partnerships, & Collaborations
4 List of Other Optical Emission Spectroscopy Equipment Providers

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Research Coverage:
This research report categorizes the global optical emission spectroscopy market on the basis of offering, form factor, excitation source type, detector type, vertical, and geography. The report describes market dynamics that include key drivers, restraints, challenges, and opportunities for the optical emission spectroscopy market and forecasts the same till 2023.

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