Press Release

Feb, 21 2023

Bruker Corporation and Thermo Fisher Scientific Is Dominating the Market for Infrared (IR) Spectroscopy in North America

North America IR Spectroscopy Market is expected to reach USD 599.9 billion by 2024 from USD 308.5 billion in 2016, at a CAGR of 8.7% in the forecast period 2017 to 2024.The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.North America IR Spectroscopy MarketAccess Full Report: https://www.databridgemarketresearch.com/reports/north-america-infrared-spectroscopy-market

The North America IR spectroscopy instruments market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. Bruker Corporation dominated the North America IR spectroscopy instruments market accounting for a highest market share in 2016, followed by Thermo Fisher Scientific, Inc., and The ABB Group. Other players in this market include Agilent Technologies, PerkinElmer, Inc. Schimadzu Corporation, Teraview Ltd, Teledyne Technologies Inc, Horiba Ltd, Spectra Analysis Instruments Inc, Avantes, Carl Zeiss Spectroscopy GMBH, Galaxy Scientific, Gasera, IBSEN Photonics, EMD Millipore Corporation, Foss, JascoInc, and Princeton Instruments (PI) among others holds 24.7% of the North America IR spectroscopy instruments market in 2016.

BRUKER CORPORATION:

Bruker Corporation was founded in 1960 by Professor Gunther Laukien and headquartered in Billerica, Massachusetts, USA. Bruker Corporation is a manufacturer of scientific instruments for molecular and materials research, as well as for industrial and applied analysis. Bruker systems cover a broad spectrum of applications in all fields of research & development and are used in all industrial production processes for the purpose of ensuring process reliability and quality.Being one of the world's leading analytical instrumentation companies, Bruker is strongly committed to further fully meet its customers’ needs as well as to continue to develop state of the art innovative solutions and technologies for today's analytical questions. The company's operations span across North America, Europe, Middle East, Africa, Asia, and rest of the world.

Recent Developments:

  1. In March 2017, Bruker Corporation announced the launch of innovative high-performance systems and high-value analytical solutions at Pittcon 2017, with an emphasis on pharma and applied markets, as well as on nano-materials research and microscopy.
  2. In May 2016, Bruker Corporation announced the launch of the new MATRIX-MG Series for the fully automated, high precision and real-time monitoring of gas compounds based on infrared spectroscopy.

THERMO FISHER SCIENTIFIC, INC.:

Thermo Fisher Scientific, Inc. provides analytical instruments, equipment, reagents and consumables, software and services for research, analysis, discovery and diagnostics. The company operates its business through four segments: Analytical Technologies, Specialty Diagnostics, Life Sciences Solutions and Laboratory Products and Services. The Analytical Technologies segment provides a broad offering of instruments, reagents, consumables, software and services that are used for a range of applications in the laboratory on the production line and in the field.

Recent Developments:

  1. In May 2016, Thermo Fisher Scientific, Inc. announced the launch of its new Nicolet iS5N FT-NIR spectrometer. This spectrometer has allowed the company to target small business owners, technicians, laboratory managers and method developers, as this product is designed to bring rapid and reliable analysis for quality control and material verification.
  2. In January 2016, Thermo Fisher Scientific, Inc. announced the acquisition of Affymetrix, Inc. for USD 1.3 billion. This will help Affimetrix to bolster their product sales through Therma Fisher’s vast geographical reach and will help Thermo Fisher to broaden their already large product portfolio.

THE ABB GROUP:

The ABB Group was founded in 1988 and headquartered in Zürich, Switzerland. The ABB Group is a pioneering technology leader in electrification products, motion and robotics, industrial automation and power grids, serving customers in utilities, transport and industry & infrastructure globally. The ABB Group is ranked as the 286th largest company by revenue for 2016 in the Fortune Global 500 list. The ABB Group is one of the largest engineering as well as conglomerates companies in the world.The company's operations span across North America, Europe, Middle East, Africa, Asia, and rest of the world.


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