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Report
Process Spectroscopy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-02 I 147 Pages I IMARC Group
The global process spectroscopy market size reached US$ 23.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 34.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.1% during 2022-2028.
Process spectroscopy is a specialized technique used for analyzing the interaction between light, electromagnetic radiation and matter. Process spectroscopy uses various devices, such as benchtop, micro, portable and hyphenated spectroscopes, amplifiers, signal processors, display units and microscopes. They are commonly used for Fourier Transform Infrared Spectroscopy (FT-IR), Raman spectroscopy, nuclear magnetic resonance (NMR) and Near-Infrared (NIR). Process spectroscopy involves splitting the radiation into a spectrum of its wavelengths to study electrons, protons and ions, and the generated collision energy. As a result, it finds extensive applications across various industries, including healthcare, pharmaceuticals, biological research and electronics.
Process Spectroscopy Market Trends:
Significant growth in the pharmaceutical industry is one of the key factors creating a positive outlook for the market. Drug manufacturers use process spectroscopes to evaluate the material porosity of a substance for quality control and to examine the state of the formulations. Moreover, the increasing demand for process analyzers across industries is providing a thrust to the market growth. Process spectroscopes are widely used in bioreactors, slipstreams, reaction vessels and large volumetric probes for drug manufacturing and water and wastewater treatment. In line with this, the technique is also gaining immense preference among the masses for analyzing, monitoring and controlling various manufacturing processes and identifying defects in product materials. Other factors, including the widespread adoption of spectroscopic techniques in the forensic sector for the identification of organic compounds and substances at crime scenes, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global process spectroscopy market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on technology, component and application.
Breakup by Technology:
Molecular Spectroscopy
Mass Spectroscopy
Atomic Spectroscopy
Breakup by Component:
Hardware
Software
Breakup by Application:
Polymer
Oil and Gas
Pharmaceuticals
Food and Agriculture
Chemicals
Water and Wastewater
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd, Agilent Technologies Inc., Bruker Corporation, Buchi Labortechnik AG, Danaher Corporation, Foss A/S, Horiba Ltd., Kett Electric Laboratory, Sartorius AG, Shimadzu Corporation, Thermo Fisher Scientific Inc. and Yokogawa Electric Corporation.
Key Questions Answered in This Report:
How has the global process spectroscopy market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global process spectroscopy market?
What are the key regional markets?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the component?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global process spectroscopy market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Process Spectroscopy Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Technology
6.1Molecular Spectroscopy
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Mass Spectroscopy
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Atomic Spectroscopy
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Component
7.1Hardware
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Software
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1Polymer
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Oil and Gas
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Pharmaceuticals
8.3.1 Market Trends
8.3.2 Market Forecast
8.4Food and Agriculture
8.4.1 Market Trends
8.4.2 Market Forecast
8.5Chemicals
8.5.1 Market Trends
8.5.2 Market Forecast
8.6Water and Wastewater
8.6.1 Market Trends
8.6.2 Market Forecast
8.7Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1Overview
12.2Bargaining Power of Buyers
12.3Bargaining Power of Suppliers
12.4Degree of Competition
12.5Threat of New Entrants
12.6Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
14.3.1ABB Ltd
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2Agilent Technologies Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3Bruker Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4Buchi Labortechnik AG
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5Danaher Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6Foss A/S
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7Horiba Ltd.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8Kett Electric Laboratory
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9Sartorius AG
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10Shimadzu Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11Thermo Fisher Scientific Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12Yokogawa Electric Corporation
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
Figure 1: Global: Process Spectroscopy Market: Major Drivers and Challenges
Figure 2: Global: Process Spectroscopy Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Process Spectroscopy Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Process Spectroscopy Market: Breakup by Technology (in %), 2022
Figure 5: Global: Process Spectroscopy Market: Breakup by Component (in %), 2022
Figure 6: Global: Process Spectroscopy Market: Breakup by Application (in %), 2022
Figure 7: Global: Process Spectroscopy Market: Breakup by Region (in %), 2022
Figure 8: Global: Process Spectroscopy (Molecular Spectroscopy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Process Spectroscopy (Molecular Spectroscopy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Process Spectroscopy (Mass Spectroscopy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Process Spectroscopy (Mass Spectroscopy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Process Spectroscopy (Atomic Spectroscopy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Process Spectroscopy (Atomic Spectroscopy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Process Spectroscopy (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Process Spectroscopy (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Process Spectroscopy (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Process Spectroscopy (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Process Spectroscopy (Polymer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Process Spectroscopy (Polymer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Process Spectroscopy (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Process Spectroscopy (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Process Spectroscopy (Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Process Spectroscopy (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Process Spectroscopy (Food and Agriculture) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Process Spectroscopy (Food and Agriculture) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Process Spectroscopy (Chemicals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Process Spectroscopy (Chemicals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Process Spectroscopy (Water and Wastewater) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Process Spectroscopy (Water and Wastewater) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Process Spectroscopy (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Process Spectroscopy (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: North America: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: North America: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: United States: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: United States: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Canada: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Canada: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Asia-Pacific: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Asia-Pacific: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: China: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: China: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Japan: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Japan: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: India: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: India: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: South Korea: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: South Korea: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Australia: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Australia: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Indonesia: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Indonesia: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Others: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Others: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Europe: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Europe: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Germany: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Germany: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: France: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: France: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: United Kingdom: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: United Kingdom: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Italy: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Italy: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Spain: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Spain: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Russia: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Russia: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Latin America: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Latin America: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Brazil: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Brazil: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Mexico: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Mexico: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Middle East and Africa: Process Spectroscopy Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Middle East and Africa: Process Spectroscopy Market: Breakup by Country (in %), 2022
Figure 80: Middle East and Africa: Process Spectroscopy Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Global: Process Spectroscopy Industry: SWOT Analysis
Figure 82: Global: Process Spectroscopy Industry: Value Chain Analysis
Figure 83: Global: Process Spectroscopy Industry: Porter's Five Forces Analysis
Table 1: Global: Process Spectroscopy Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Process Spectroscopy Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 3: Global: Process Spectroscopy Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 4: Global: Process Spectroscopy Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Process Spectroscopy Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Process Spectroscopy Market: Competitive Structure
Table 7: Global: Process Spectroscopy Market: Key Players
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