Product Overview
Measurement of the interaction of infrared radiation with the matter by emission, absorption, or reflection is known as Infrared spectroscopy. It is primarily used to identify and study functional groups and chemical substances in solid, liquid, or gaseous forms. It is a reliable and simple technique used in dynamic measurement, quantity control, and supervising applications. Infrared Spectroscopy is also utilized in the food industry to measure the concentration of several compounds in different food products. Market Highlights
Global Infrared and Terahertz Spectroscopy Market are expected to project a notable CAGR of 21.10% in 2030.
Global Infrared and Terahertz Spectroscopy Market to surpass USD 4.67 billion by 2030 from USD 0.63 billion in 2020 at a CAGR of 21.10% in the coming years, i.e., 2020-30. The market is estimated to grow owing to the factors such as strict regulations in the pharmaceutical industry, increasing concerns regarding food safety, and an increase in the investments, grants, and funds by the government bodies.Global Infrared and Terahertz Spectroscopy Market: Segments
Mid-Infrared Radiation segment to grow with the highest CAGR during 2020-30
Global Infrared and Terahertz Spectroscopy Market are segmented by Spectrum into Near-Infrared Radiation (NIR), Mid-Infrared Radiation (MIR), Far-Infrared Radiation (FIR). The mid-Infrared Radiation segment held the largest market share of XX.X% in the year 2019. The wide utilization of mid-infrared radiation in healthcare and pharmaceutical applications and the food, industry is driving the growth of this segment. Market Dynamics
Drivers
Rising semiconductor Sector
Terahertz spectroscopy is commonly used to detect faults in circuits and to develop and analyze semiconductor materials. The ability to detect and measure charge carriers is expected to establish avenues for semiconductors to use the terahertz technology. In recent years advanced terahertz spectrometers have allowed non-destructive, rapid isolation of semiconductors.Restraint
High prices of equipment
Infrared and Terahertz Spectroscopy Market devices are equipped with cameras, detectors and scanners which increases its cost. They have advanced features and functions, hence, are costly. The devices used for industrial applications such as semiconductors and non-destructive testing have high prices.Global Infrared and Terahertz Spectroscopy Market: Key Players
PerkinElmer Inc
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Toptica Photonics
Thermo Fisher Scientific Inc.
TeraView Limited.
Shimadzu Medical (India) Pvt. Lt
Menlo System
Bruker
Agilent Technologies, Inc
ADVANTEST CORPORATION
Advancedphotonix
Bio-Rad Laboratories, Inc
METTLER TOLEDO.
Other prominent players
Global Infrared and Terahertz Spectroscopy Market: Regions
Global Infrared and Terahertz Spectroscopy Market are segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa. Global Infrared and Terahertz Spectroscopy Market in North America held the largest market share of XX.X% in the year 2019. North America will continue to dominate the global Infrared and Terahertz Spectroscopy Market because of technological growth, strengthened industrial infrastructure, presence of key players and a higher rate of new technology adoption.
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Contents
1. Executive Summary
2. Global Infrared and Terahertz Spectroscopy Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global Infrared and Terahertz Spectroscopy Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global Infrared and Terahertz Spectroscopy Market
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Infrared and Terahertz Spectroscopy Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Spectrum: Market Share (2020-2030F)
12.2.1. Near-Infrared Radiation (NIR), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Mid-Infrared Radiation (MIR), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Far-Infrared Radiation (FIR), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Technology: Market Share (2020-2030F)
12.3.1. Benchtop, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Microscopy, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.3. Portable & Handheld, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.4. Hyphenated, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By Application: Market Share (2020-2030F)
12.4.1. Semiconductors, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Homeland Security, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.3. Non-Destructive Testing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.4. Research & Development Biomedical, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5. By End User: Market Share (2020-2030F)
12.5.1. Pharmaceuticals & Biotechnology, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.2. Industrial Chemistry, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.3. Food & Beverage Testing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.4. Environmental Testing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.5. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. 13 Company Profile
14. PerkinElmer Inc
14.1. Company Overview
14.2. Company Total Revenue (Financials)
14.3. Market Potential
14.4. Global Presence
14.5. Key Performance Indicators
14.6. SWOT Analysis
14.7. Product Launch
15. Toptica Photonics
16. Thermo Fisher Scientific Inc.
17. TeraView Limited.
18. Shimadzu Medical (India) Pvt. Ltd
19. Menlo Systems
20. Bruker
21. Agilent Technologies, Inc.
22. ADVANTEST CORPORATION
23. Advancedphotonix
24. Bio-Rad Laboratories, Inc.
25. METTLER TOLEDO.
26. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
