As per this study the Global Laboratory FTIR Spectrometer Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%.
FTIR (Fourier Transform Infrared) Spectrometer is the analytical instrument that uses infrared light to detect and quantify the amount of the desired compound in the samples. It is popularly used to measure absorption, emission, and photo-conductivity of the organic or inorganic compound by means of shining a narrow beam of infrared light at various wavelengths. FTIR spectrometer offers rapid analysis, high resolution of the outcome, and easier detection of the small quantity of sample and poorly absorbing compounds.
The rising demand of easier and rapid analytical instrument for identifying trace amount of compounds with polymer testing, pharmaceutical, and forensic analysis is driving the market growth. Rising usage of FTIR spectrometers for screening food ingredients, adulterated fuels, raw materials, and counterfeit drugs in various research laboratories are further fueling the market growth. Also, growing adoption in food testing, petrochemical engineering, environmental monitoring, soil characterization for accurate analysis is again pushing the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of laboratory FTIR spectrometer.
The broad laboratory FTIR spectrometer market has been sub-grouped into product type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product Type
- Portable FTIR Spectrometer
- Benchtop FTIR Spectrometer
- Research Laboratory
- Process Control Laboratory
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for laboratory FTIR spectrometer in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Laboratory FTIR Spectrometer Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the laboratory FTIR spectrometer market include ABB, Agilent Technologies, Bruker, JASCO, Shimadzu and Thermo Fisher Scientific among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.