Press release
Process Spectroscopy Market 2021 Global Trend, Segmentation and Opportunities Forecast to 2024 | ABB, Agilent Technologies, Bruker, Buchi Labortechnik, Danaher, Foss A/S, and Horiba
In a bid to ward off inapt process such as inventory, production time and visual effects, there has been increased focus on improvisation. Nonetheless, apt control opens avenues of growth such as consumer satisfaction, low production and inspection cost, optimized resource utilization and substantial sales.
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According to the latest research report by Global Market Insights, Inc., process spectroscopy market size is expected to attain US$ 1.47 bn by 2024. Customers have become more aware than ever before pertaining to high quality standards and products, thereby compelling stakeholders to comply with international quality standards.
Top Key Players Are : ABB, Agilent Technologies, Bruker, Buchi Labortechnik, Danaher, Foss A/S, and Horiba
Having accounted for more than 60% of the total share in 2015, NIR based process spectroscopy market is anticipated to grow at a rate of 6.1% over 2016-2024. Subject to the huge demand for this technology across the food & beverage, plastics identification, quality monitoring, and biogas productions sectors, NIR technology will hold more than 55% of the overall process spectroscopy industry in 2024.
The Fourier Transform (FT-IR) technology is being heavily deployed across material, compound, and chemical assessment for identifying residues, pesticides, narcotics, fibers, particulates, and chemical warfare agents. With a valuation of USD 170 million in 2015, FT-IR-based process spectroscopy market is anticipated to grow at a lucrative rate over 2016-2024, and will hold more than 20% of the overall share in 2024.
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Industry players have been concentrating on manufacturing numerous instruments and devising solutions that will incorporate both – the FT-IR and NIR technologies in one device. Bruker Corporation, a leading process spectroscopy market participant, has already developed the MPA, a multifunctional FT-NIR analyzer.
The United States houses most of the companies operating in process spectroscopy industry. In addition, the government has enforced strict norms regarding the quality standards on the agriculture, pharmaceuticals, medical, and the food & beverage sectors, which will stimulate U.S. market share over 2016-2024.
Table Of Content:
Chapter 4 Process Spectroscopy Technology Insights
4.1 Process Spectroscopy market share by technology, 2015 & 2024
4.2 NIR
4.2.1 Market estimates and forecasts by region, 2013 - 2024
4.3 FT-IR
4.3.1 Market estimates and forecasts by region, 2013 - 2024
4.4 Raman
4.4.1 Market estimates and forecasts by region, 2013 - 2024
Chapter 5 Process Spectroscopy Application Insights
5.1 Process Spectroscopy market share by application, 2015 & 2024
5.2 Polymer
5.2.1 Market estimates and forecasts by region, 2013 - 2024
5.3 Oil & gas
5.3.1 Market estimates and forecasts by region, 2013 – 2024
5.4 Pharmaceutical
5.4.1 Market estimates and forecasts by region, 2013 - 2024
5.5 Food & agriculture
5.5.1 Market estimates and forecasts by region, 2013 - 2024
5.6 Chemical
5.6.1 Market estimates and forecasts by region, 2013 – 2024
5.7 Others
5.7.1 Market estimates and forecasts by region, 2013 - 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/process-spectroscopy-market
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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