Market Executive Summary

The global IR Spectroscopy Equipment market was valued at 194.47 Million USD in 2021 and will grow with a CAGR of .92% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
IR spectroscopy is the analysis of infrared light interacting with a molecule. This can be analyzed in three ways by measuring absorption, emission and reflection. IR spectroscopy has been a workhorse technique for materials analysis in the laboratory for over seventy years. An infrared spectrum represents a fingerprint of a sample with absorption peaks which correspond to the frequencies of vibrations between the bonds of the atoms making up the material. Because each different material is a unique combination of atoms, no two compounds produce the exact same infrared spectrum. Therefore, IR spectroscopy can result in a positive identification (qualitative analysis) of every different kind of material. In addition, the size of the peaks in the spectrum is a direct indication of the amount of material present. With modern software algorithms, infrared is an excellent tool for quantitative analysis.North America is the dominate producer of IR spectroscopy, the production is 5288 Units in 2015, accounting for about 52.25% of the total amount, followed by Europe, with the production market share of 20.78%. And Southeast Asia, India, Japan, China are expected to remain the regions with the largest growth potential in the forecast period. At present, in the foreign industrial developed countries the IR spectroscopy industry is generally at a more advanced level, the world`s large enterprises are mainly concentrated in the North America and Europe, accounted for most of the international market share. Meanwhile, these companies have more advanced equipment, strong R&D capabilities; the technical level is in a leading position. Leading players in IR spectroscopy industry are Thermo Fisher Scientific, PerkinElmer, Shimadzu, Bruker. Thermo Fisher Scientific is the largest manufacturer, with the market share of 20.95% in 2015. The top four companies occupied about 49.58% share of the market in 2015. Pharmaceutical industry accounted for the largest market with about 24.17% of the global consumption for IR spectroscopy in 2015. With over 18.38% market share in the IR spectroscopy market, chemical industry was the second largest application market in 2015.
By Market Verdors:
Company A
Company B
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By Types:
Fourier Transform Infrared Spectrometer
Near-infrared Spectrometer

By Applications:
Pharmaceutical Industry
Food and Agriculture Industry
Chemical Industry
Polymer
Oil and Gas Industry

Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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