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Atomic Absorption Spectrometer Market Report Up to 2031
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Atomic absorption spectrometer is the determination of elemental composition and is used for quantitative analysis of wave length of light absorbed by atoms in neutral state. Moreover, it is used to determine the concentration & presence of substances in a liquid sample. Furthermore, it is similar to other types of mass spectrometry consisting of an ion source, a mass analyser, and a detector.
Factors such surge in demand for atomic spectroscopy systems and increased investments & government support are some of the major factors driving the market growth. Conversely, technological advancement and increased usage of atomic absorption spectrometer are becoming major factors expected to create lucrative opportunities to the market in the upcoming years.
COVID-19 Impact on Atomic Absorption Spectrometer Market
The spread of COVID-19 has affected production activities globally, atomic absorption spectrometer market has moderately impacted due to COVID-19 outbreak. Atomic absorption spectrometer on board making accurate measurements for several samples across industry verticals and analysing the spectral content of environmentally significant gases generated. Therefore, the market has a moderate decline in growth rate and is expected to recover in the upcoming years.
Market Drivers
Surge in demand for atomic spectroscopy systems
As atomic absorption spectroscopy provides several major benefits such as a freedom from interference of metals present, simplicity of operation, high degree of sensitivity, and others. Therefore, these major benefits & features provides by atomic absorption spectroscopy is fuelling the market growth.
Increased investments & government support
Due to technological advancements & growing demand for safety & reduction in operations cost, the government bodies are investing in atomic absorption spectroscopy and granting several measures globally. This, as a result becoming major growth factors to the market.
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Market Opportunities
Technological advancement
The technological advancements is expected to provide an immense growth opportunities to the key players in terms of modernizing the analysis process over samples, investment planning, and predictive analytics. Therefore, with increased technological advancements and developing existing product lines is expected to boost the market growth.
Increased usage of atomic absorption spectrometer
Several industrial verticals are continuing to invest and adopt the atomic absorption spectrometer and are largely used in for clinical analysis, environmental analysis and many others. Therefore, this increased usages of atomic absorption spectrometer across several sectors is expected to grow tremendously, which, as a result anticipated to create lucrative opportunities to the atomic absorption spectrometer market.
Competitive Landscape
Some of the companies profiled in the report include Agilent Technologies, Analytik Jena AG, Bruker Corporation, Buck Scientific, GBC Scientific Equipment, Hitachi, PERSEE, Rigaku Corporation, Shimadzu, and Thermo Fisher Scientific.
Recent Developments
In June 2016, Shimadzu Corporation has launched the AA-6880F atomic absorption spectrophotometer, which is designed to offer excellent detection presentation in order to enhanced safety features and cost effectiveness, particularly aimed at markets in emerging nations.
In October 2020, Rigaku Corporation has announced its participation in the 27th international trade fair for analysis & biotechnology via analytical virtual, highlighting the latest developments. In addition, the new developments include the Rigaku Supermini200 analyzer, X-ray fluorescence spectrometer for elemental analysis of oxygen (O) through uranium (U) in solids, liquids and powders.
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