Global terahertz and infrared spectroscopy market is registering a healthy CAGR of 21.8% in the forecast period of 2019-2026. This rise in the market can be attributed to administrative guidelines for analytical manufacturing technology and raised use of food fingerprinting techniques.
The terahertz and infrared spectroscopy report is essentially helpful for mapping the strategies related to production, product launches, costing, inventory, purchasing and marketing. The terahertz and infrared spectroscopy report highlights CAGR value fluctuation during the forecast period of 2019-2026, historic data, current market trends, market environment, technological innovation, upcoming technologies and the technical progress in the related industry. All the market data included in this report is remarkably useful to the clients and businesses for making decisions related to revenue, investment, import, export and consumption. This market research report is all-inclusive and encompasses various parameters of market.
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Major Market Competitors:
Some of the major players operating in global terahertz and infrared spectroscopy market are Luna, TOPTICA Photonics AG, TeraView, Agilent Technologies, Shimadzu Analytical (India) Pvt. Ltd., PerkinElmer Inc., ADVANTEST CORPORATION, Bruker, Thermo Fisher Scientific, Menlo Systems GmbH, ABB, Princeton Instruments, JASCO among others.
Major Market Drivers and Restraints:
Increasing number of applications of terahertz spectroscopy in homeland security
Technological advancements and new product launches
Due to rising semiconductor industry, Pharma and biotech research
High instrument costs
TABLE OF CONTENTS
5.Global, By Component
By product type, global infrared spectroscopy market is segmented into benchtop, microscopy, portable & handheld and hyphenated.
On the basis of spectrum, global infrared spectroscopy market is segmented into near-infrared radiation, mid-infrared radiation and far-infrared radiation.
Based on applications, global infrared spectroscopy market is segmented into pharmaceuticals & biotechnology, food & beverage testing, environmental testing, industrial chemistry, petrochemicals and others. Whereas, global terahertz spectroscopy market is segmented into semiconductors, biomedical industries, non-destructive testing, homeland security and other applications.
On the basis of geography, global terahertz and infrared spectroscopy market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
The global terahertz and infrared spectroscopy market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of terahertz and infrared for global, Europe, North America, Asia Pacific and South America.
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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