Global Atomic Spectroscopy Market: Overview
Atomic spectroscopy involves the
interaction of gaseous atoms with light, whereby conversion of a gaseous
atom takes place. The determination of elemental composition while
using electromagnetic spectrum or mass is central to spectroscopy.
Atomic emission, atomic absorption, and atomic florescence are the three
techniques of the atomic spectroscopy determination process. Atomic
spectroscopy is widely used in several industries across the globe,
thereby accelerating the expansion of the global atomic spectroscopy
market.
The report provides an accurate analysis
of the competitive landscape, the trends and opportunities, and drivers
and restraints. A technological growth map, a multiple-year forecast,
together with Porter’s five force analysis is included in the report. A
review of macro and micro factors in the market, recommendations, and
recent technological advancements are also covered. The report
categorizes the major segments according to application as
pharmaceutical, biotechnology, food and beverage testing, environmental
testing, industrial chemistry, and others. On the basis of technology,
x-ray diffraction spectroscopy, x-ray florescence spectroscopy,
elemental analyzers, inductively coupled plasma mass spectroscopy
(ICP-MS), atomic absorption spectroscopy, inductively coupled plasma
spectroscopy, and others are the key segments.
Global Atomic Spectroscopy Market: Drivers and Restraints
Rising demand for futuristic, highly
advanced analytical tools, the spread of technology among numerous
R&D sectors, and increased significance of the discovery of new
molecules among chemical and pharmaceutical organizations have been the
key factors fuelling the demand for atomic spectroscopy. Furthermore,
government encouragement of research activities, constant rise in the
international standards for drug safety and food, together with its
growing number of applications, have been some of the prominent drivers
of this market. The most important driver is believed to be the
extensive R&D initiatives. On the contrary, high maintenance costs,
inadequate funds for initial set-up and instrumentation, lack of
awareness, and shortage of skilled personnel are the chief restraints in
the global atomic spectroscopy market.
Today, atomic spectroscopy has found
application in pharmaceutical industries, food industries, in research
laboratories, and for diagnostic purposes. In agriculture, it can be
used for analyzing minerals in soil and plants, in order to foster their
health and growth. In environmental sciences, atomic spectroscopy helps
determine the presence of heavy and toxic metals in air, water, and
soil. Monitoring potentially harmful elements in water and waste output
in nuclear energy, analyzing fine as well as raw chemicals in the
chemical industry, and testing and quality assurance in food industry
are some of the uses of atomic spectroscopy.
Global Atomic Spectroscopy Market: Regional Analysis
North America stood first among regional
markets for atomic spectroscopy, while Europe took charge of the second
position. The ever-extending demand for atomic spectroscopy in regards
to application and significant technological achievements in the region
have been the major reasons for North America’s success. Although Asia
Pacific ranks third among the regional segments, it will spring up to a
great extent in near future, claiming a significant share in the global
market for atomic spectroscopy. This is due to the tremendous
opportunities held by the India and China markets. Moreover, the
inclination of manufacturers towards investment in R&D activities in
order to tap higher profits from these promising markets will be
responsible for the advancement of the Asia Pacific atomic spectroscopy
market.
Key Players Mentioned in the Report
Thermo Fisher Scientific, Inc., Aurora
Biomed, GBC Scientific Equipment Pty Ltd., Agilent Technologies, Bruker
Corporation, Hitachi High-Technologies Corporation, Rigaku Corporation,
Analytik Jena Ag, Shimadzu Corporation, and PerkinElmer, Inc. are some
of the major competitors mentioned in the report.
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