LONDON--(BUSINESS WIRE)--The global absorption spectrometers market is poised to grow by USD 1.54 billion during 2019-2023, progressing at a CAGR of over 5% during the forecast period. Request Free Sample Pages
Read the 112-page research report with TOC on "Absorption Spectrometers Market Analysis Report by End-user (Food and beverage industry, Pharmaceutical and biotechnology industry, and Others), by Geography (Americas, APAC, and EMEA), and Segment Forecasts, 2019 - 2023".
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The rising demand for analyzing the elemental composition of samples and technological advancements in absorption spectroscopy is anticipated to boost the growth of the market.
Absorption spectrometers are increasingly being used to trace and analyze the composition of elements in food samples and mining or rock samples. The objective is to control the contamination caused by trace elements in these samples. The instrument detects elements in liquid or solid samples through the application of characteristic wavelengths of electromagnetic radiation from a light source. End-users are increasingly opting for absorption spectrometers for analyzing elemental and isotopic compositions of samples. Thus, the rising demand for analyzing the elemental composition of samples is expected to drive market growth during the forecast period.
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Major Five Absorption Spectrometers Market Companies:
Agilent Technologies
Agilent Technologies is headquartered in the US and operates the business under various segments such as Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The company offers 240FS AA and AA Duo.
Aurora Biomed
Aurora Biomed is headquartered in Canada and offers products through the following business units: Liquid handling equipment, Elemental analysis, and Ion channel technologies. The company offers TRACE AI1200 and TRACE 1800.
Bruker
Bruker is headquartered in the US and operates under various business segments, namely Bruker Scientific Instruments (BSI) and Bruker Energy & Supercon Technologies (BEST). The company offers IFS 125HR FTIR spectrometer, which can be operated in absorption or emission mode.
PerkinElmer
PerkinElmer is headquartered in the US and offers products through the following business segments: Discovery & Analytical Solutions and Diagnostics. The company offers PinAAcle 900T, PinAAcle 900Z, and PinAAcle 900F.
Thermo Fisher Scientific
Thermo Fisher Scientific is headquartered in the US and offers products through the following business segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Services. The company offers iCE 3300 AAS, iCE 3400 AAS, and iCE 3500 AAS.
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Absorption Spectrometers End-users Outlook (Revenue, USD Billion, 2019 - 2023)
- Food and beverage industry
- Pharmaceutical and biotechnology industry
- Others
Absorption Spectrometers Regional Outlook (Revenue, USD Billion, 2019 - 2023)
- Americas
- APAC
- EMEA
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