Global Process Spectroscopy Industry to 2026 – With ABB, Agilent Technologies and Horiba, among others


DUBLIN, November 25, 2021– (BUSINESS WIRE) – “Process Spectroscopy Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026” report has been added to offer.

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

Companies mentioned

  • ABB SA

  • Agilent Technologies Inc.

  • Bruker Company

  • Buchi Labortechnik AG

  • Danaher Company

  • Foss A / S

  • Horiba Ltd.

  • Kett Electrical Laboratory

  • Sartorius SA

  • Shimadzu Company

  • Thermo Fisher Scientific Inc.

  • Yokogawa Electric Corporation.

Bearing in mind the uncertainties of COVID-19, we are continuously monitoring and evaluating the direct and indirect influence of the pandemic on different end-use industries. This information is included in the report as a major contributor to the market.

Process spectroscopy is a specialized technique used to analyze the interaction between light, electromagnetic radiation and matter. Process spectroscopy uses a variety of 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 dividing radiation into a spectrum of its wavelengths to study electrons, protons, and ions, as well as the collision energy generated. As a result, it finds many applications in various industries including healthcare, pharmaceuticals, biological research, and electronics.

The significant growth of the pharmaceutical industry is one of the key factors creating a positive outlook for the market. Drug manufacturers use process spectroscopes to assess the material porosity of a substance for quality control purposes and to examine the condition of formulations. Moreover, the growing demand for process analyzers in all industries is driving the growth of the market. Process spectroscopes are widely used in bioreactors, wakes, reactors and large volumetric probes for drug manufacturing and water and wastewater treatment.

With this in mind, 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, as well as extensive research and development (R&D) activities, are expected to lead the market towards growth.

Key questions addressed in this report:

  • How has the global process spectroscopy market performed so far and how will it perform in the years to come?

  • What has been the impact of COVID-19 on the global process spectroscopy market?

  • What are the main regional markets?

  • What is the technology-based market disruption?

  • What is the distribution of the market according to the component?

  • What is the market split depending on the application?

  • What are the different stages of the industry value chain?

  • What are the main factors and challenges for the industry?

  • What is the structure of the global process spectroscopy market and who are the major players?

  • How competitive is the industry?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation

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 breakdown by technology

7 Market breakdown by component

8 Market breakdown by application

9 Market breakdown by region

10 SWOT Analysis

11 Value chain analysis

Analysis of the five forces of 12 carriers

13 Price analysis

14 Competitive landscape

14.1 Market structure

14.2 Key players

14.3 Profiles of key players

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Laura Wood, Senior Press Director

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