According to a recently published report, the global Process Spectroscopy Market is expected to grow at the CAGR 5.9% during 2015-2022. The segmentation of global process spectroscopy market is based on type, technology, end-users and geography. The report on global process spectroscopy market forecast, 2015-2022 (type, technology, end-users and geography) provides detailed overview and predictive analysis of the market.
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The growth and demand of the global process spectroscopy market is very high in developed and developing countries. In recent time, major drivers which accelerate the global process spectroscopy market are the increasing usage of spectroscopy in drug safety process, increasing focus of industries to match international standards such as ISO and six sigma, and the reduction in the overall manufacturing cost, and regulatory bodies’ involvement and initiatives to improve product quality in pharmaceutical industries. The major key driver is the growing consumer preference towards the usage of high quality products. Due to these, industries such as food and agriculture and pharmaceutical are trying to increase their product quality, following the international standards and on the other hand, it also reduces the cost of manufacturing by reducing inventory cost, scrap and rework. In addition to this, the growth of global spectroscopy market will also be fuelled by technological advancements in this segment like development of wireless portable equipments, increasing concerns about food and beverages safety and the government regulations compelling to maintain high quality during manufacturing. Like the initiative of food and drug administration of US to apply process analytical technology in pharmaceutical industries. However, the lack of skilled labor, high initial investments and high maintenance cost leading to increased product prices will be a major restraint hampering the market of global process spectroscopy market. The opportunities in spectroscopy market are growing with the advent of technology and innovations making spectroscopy more convenient and trouble-free. Also, the increasing oil and gas production activities and establishment of pharmaceutical companies in emerging regions like APAC, Africa and Middle East is a major growth opportunity for this segment.
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SCOPE OF THE REPORT
1. GLOBAL PROCESS SPECTROSCOPY MARKET BY TYPE 2015 – 2022 ($ BILLION)
1.1. Atomic Spectroscopy
1.2. Molecular Spectroscopy
1.3. Mass Spectroscopy
2. GLOBAL PROCESS SPECTROSCOPY MARKET BY TECHNOLOGY 2015- 2022 ($ BILLION)
2.1. Near Infrared (NIR) spectroscopy
2.2. Raman spectroscopy
2.3. Fourier Transform Infrared (FT-IR) spectroscopy
3. GLOBAL PROCESS SPECTROSCOPY MARKET BY END USE INDUSTRY 2015 – 2022 ($ BILLION)
3.1. Pharmaceutical Industry
3.2. Food And Agriculture Industry
3.3. Polymer Industry
3.4. Oil And Gas Industry
3.5. Other Industry
4. GLOBAL PROCESS SPECTROSCOPY MARKET REGIONAL OUTLOOK 2015-2022 ( $ BILLION)
4.1. North America
4.2. Europe
4.3. Asia Pacific
4.4. Middle East & Africa
4.5. Central & South America
5. COMPANY PROFILES
5.1. Abb Ltd.
5.2. Agilent Technologies
5.3. Andor Technologies
5.4. Bruker Corporation
5.5. Buchi Labortechnik Ag
5.6. Danaher Corporation
5.7. Foss A/S
5.8. Harrick Scientific Products
5.9. Horiba Limited
5.10. Kett Electric Laboratory
5.11. Perkin Elmer
5.12. Sartorius Ag
5.13. Shimadzu Corporation
5.14. Thermo Fisher Scientific
5.15. Yokogava Electric Corporation
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