Product Code: IRTNTR75588
The spectrometry market is forecasted to grow by USD 9023.8 mn during 2023-2028, accelerating at a CAGR of 10.87% during the forecast period. The report on the spectrometry market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing geriatric population globally, rising demand from emerging markets, and growing research and development activities.
Technavio's spectrometry market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 9.53% |
CAGR | 10.87% |
Incremental Value | $9023.8 mn |
By Type
- Molecular spectrometry
- Mass spectrometry
- Atomic spectrometry
By End-user
- Pharmaceutical and biotechnology industries
- Chemical and petrochemical industries
- Others
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the increasing focus of vendors on new product launches as one of the prime reasons driving the spectrometry market growth during the next few years. Also, increasing demand for portable spectrometers and increasing demand for spectrometers in personalized medicine will lead to sizable demand in the market.
The report on the spectrometry market covers the following areas:
- Spectrometry market sizing
- Spectrometry market forecast
- Spectrometry market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading spectrometry market vendors that include Agilent Technologies Inc., AMETEK Inc., Bruker Corp., Danaher Corp., Endress Hauser Group Services AG, Erich NETZSCH GmbH and Co. Holding KG, Hiden Analytical, JEOL Ltd., Kore Technology Ltd., LECO Corp., Linseis Messgerate GmbH, Microsaic Systems PLC, MKS Instruments Inc., Perkin Elmer Inc., Process Insights Inc., Rigaku Corp., Shimadzu Corp., Teledyne Technologies Inc., Thermo Fisher Scientific Inc., and Waters Corp.. Also, the spectrometry market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Spectrometry Market 2018 - 2022
- Historic Market Size - Data Table on Global Spectrometry Market 2018 - 2022 ($ million)
- 4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
- 6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 6.3 Molecular spectrometry - Market size and forecast 2023-2028
- Chart on Molecular spectrometry - Market size and forecast 2023-2028 ($ million)
- Data Table on Molecular spectrometry - Market size and forecast 2023-2028 ($ million)
- Chart on Molecular spectrometry - Year-over-year growth 2023-2028 (%)
- Data Table on Molecular spectrometry - Year-over-year growth 2023-2028 (%)
- 6.4 Mass spectrometry - Market size and forecast 2023-2028
- Chart on Mass spectrometry - Market size and forecast 2023-2028 ($ million)
- Data Table on Mass spectrometry - Market size and forecast 2023-2028 ($ million)
- Chart on Mass spectrometry - Year-over-year growth 2023-2028 (%)
- Data Table on Mass spectrometry - Year-over-year growth 2023-2028 (%)
- 6.5 Atomic spectrometry - Market size and forecast 2023-2028
- Chart on Atomic spectrometry - Market size and forecast 2023-2028 ($ million)
- Data Table on Atomic spectrometry - Market size and forecast 2023-2028 ($ million)
- Chart on Atomic spectrometry - Year-over-year growth 2023-2028 (%)
- Data Table on Atomic spectrometry - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
- 7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 7.3 Pharmaceutical and biotechnology industries - Market size and forecast 2023-2028
- Chart on Pharmaceutical and biotechnology industries - Market size and forecast 2023-2028 ($ million)
- Data Table on Pharmaceutical and biotechnology industries - Market size and forecast 2023-2028 ($ million)
- Chart on Pharmaceutical and biotechnology industries - Year-over-year growth 2023-2028 (%)
- Data Table on Pharmaceutical and biotechnology industries - Year-over-year growth 2023-2028 (%)
- 7.4 Chemical and petrochemical industries - Market size and forecast 2023-2028
- Chart on Chemical and petrochemical industries - Market size and forecast 2023-2028 ($ million)
- Data Table on Chemical and petrochemical industries - Market size and forecast 2023-2028 ($ million)
- Chart on Chemical and petrochemical industries - Year-over-year growth 2023-2028 (%)
- Data Table on Chemical and petrochemical industries - Year-over-year growth 2023-2028 (%)
- 7.5 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 7.6 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 Asia - Market size and forecast 2023-2028
- Chart on Asia - Market size and forecast 2023-2028 ($ million)
- Data Table on Asia - Market size and forecast 2023-2028 ($ million)
- Chart on Asia - Year-over-year growth 2023-2028 (%)
- Data Table on Asia - Year-over-year growth 2023-2028 (%)
- 9.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- 9.7 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.8 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 9.9 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.10 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.12 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 Agilent Technologies Inc.
- Agilent Technologies Inc. - Overview
- Agilent Technologies Inc. - Business segments
- Agilent Technologies Inc. - Key news
- Agilent Technologies Inc. - Key offerings
- Agilent Technologies Inc. - Segment focus
- 12.4 AMETEK Inc.
- AMETEK Inc. - Overview
- AMETEK Inc. - Business segments
- AMETEK Inc. - Key news
- AMETEK Inc. - Key offerings
- AMETEK Inc. - Segment focus
- 12.5 Bruker Corp.
- Bruker Corp. - Overview
- Bruker Corp. - Business segments
- Bruker Corp. - Key news
- Bruker Corp. - Key offerings
- Bruker Corp. - Segment focus
- 12.6 Hiden Analytical
- Hiden Analytical - Overview
- Hiden Analytical - Product / Service
- Hiden Analytical - Key offerings
- 12.7 JEOL Ltd.
- JEOL Ltd. - Overview
- JEOL Ltd. - Product / Service
- JEOL Ltd. - Key offerings
- 12.8 Kore Technology Ltd.
- Kore Technology Ltd. - Overview
- Kore Technology Ltd. - Product / Service
- Kore Technology Ltd. - Key offerings
- 12.9 LECO Corp.
- LECO Corp. - Overview
- LECO Corp. - Product / Service
- LECO Corp. - Key offerings
- 12.10 MKS Instruments Inc.
- MKS Instruments Inc. - Overview
- MKS Instruments Inc. - Business segments
- MKS Instruments Inc. - Key offerings
- MKS Instruments Inc. - Segment focus
- 12.11 Perkin Elmer Inc.
- Perkin Elmer Inc. - Overview
- Perkin Elmer Inc. - Business segments
- Perkin Elmer Inc. - Key news
- Perkin Elmer Inc. - Key offerings
- Perkin Elmer Inc. - Segment focus
- 12.12 Process Insights Inc.
- Process Insights Inc. - Overview
- Process Insights Inc. - Product / Service
- Process Insights Inc. - Key offerings
- 12.13 Rigaku Corp.
- Rigaku Corp. - Overview
- Rigaku Corp. - Product / Service
- Rigaku Corp. - Key offerings
- 12.14 Shimadzu Corp.
- Shimadzu Corp. - Overview
- Shimadzu Corp. - Business segments
- Shimadzu Corp. - Key news
- Shimadzu Corp. - Key offerings
- Shimadzu Corp. - Segment focus
- 12.15 Teledyne Technologies Inc.
- Teledyne Technologies Inc. - Overview
- Teledyne Technologies Inc. - Business segments
- Teledyne Technologies Inc. - Key news
- Teledyne Technologies Inc. - Key offerings
- Teledyne Technologies Inc. - Segment focus
- 12.16 Thermo Fisher Scientific Inc.
- Thermo Fisher Scientific Inc. - Overview
- Thermo Fisher Scientific Inc. - Business segments
- Thermo Fisher Scientific Inc. - Key news
- Thermo Fisher Scientific Inc. - Key offerings
- Thermo Fisher Scientific Inc. - Segment focus
- 12.17 Waters Corp.
- Waters Corp. - Overview
- Waters Corp. - Business segments
- Waters Corp. - Key news
- Waters Corp. - Key offerings
- Waters Corp. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations