Worldwide Process Spectroscopy Industry to 2026 – Featuring ABB, Agilent Technologies and Horiba Among Others – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Process Spectroscopy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global process spectroscopy market exhibited moderate growth during 2015-2020. Looking forward, the publisher expects the market to grow at a CAGR of around 7% during 2021-2026.

Companies Mentioned

• 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.
• Yokogawa Electric Corporation.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

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.

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 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?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Process Spectroscopy Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Technology

7 Market Breakup by Component

8 Market Breakup by Application

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/k8imp9

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