Europe Molecular Spectroscopy Market, By Technology (Nuclear Magnetic Resonance (NMR) Spectroscopy, UV-Visible Spectroscopy, Infrared (IR) Spectroscopy, Near-Infrared Spectroscopy, Color Measurement Spectroscopy and Raman Spectroscopy), Application (Pharmaceutical Applications, Biotechnology & Biopharmaceutical Applications, Food & Beverage Testing, Environment Testing, Academic Research and Other Applications), Country (Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe) Industry Trends and Forecast to 2027
The molecular spectroscopy market is expected to reach USD 2.83 billion by 2027 witnessing market growth at a rate of 6.6% in the forecast period of 2020 to 2027. Data Bridge Market Research report on molecular spectroscopy market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Molecular spectroscopy refers to the phenomenon where the electromagnetic radiation interacts with materials for producing a spectrum for deducing compositional or structural information. This is especially used to identify and quantify relevant information about the atoms and molecules as they consist of unique spectra. They are also used for remote sensing applications.
The application in environmental screening, rising adoption of molecular spectroscopy in biotech and pharmaceutical research, growing food safety matter and further development of sophisticated instruments are the factors driving the growth of Europe molecular spectroscopy market. High initial cost of spectroscopy instruments solution and stringent regulatory compliance and industrial standards are the factors restraining the growth of Europe molecular spectroscopy market.
Further applications of tetra hertz spectroscopy in healthcare applications technologies and growing government support in the form of investments are the opportunities for Europe molecular spectroscopy market. Lack of skilled personnel and low awareness among people regarding molecular spectroscopy are the challenges for Europe molecular spectroscopy market.
This molecular spectroscopy market provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on molecular spectroscopy market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Molecular Spectroscopy Market Scope and Market Size
The molecular spectroscopy market is segmented on the basis of technology and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technology, the molecular spectroscopy market has been segmented as nuclear magnetic resonance (NMR) spectroscopy, UV-visible spectroscopy, infrared (IR) spectroscopy, near-infrared spectroscopy, color measurement spectroscopy and raman spectroscopy. Nuclear magnetic resonance (NMR) spectroscopy can be further segmented into continuous-wave (CW) NMR spectroscopy, fourier-transform NMR spectroscopy (FTS) and solid-state NMR spectroscopy (SSNMR). UV-visible spectroscopy can be further segmented into single-beam UV-visible spectroscopy, dual-beam UV-visible spectroscopy and array-based UV-visible spectroscopy. Infrared (IR) spectroscopy can be further segmented into IR spectroscopy, by spectrum and IR spectroscopy, by type. IR spectroscopy, by spectrum can be further sub-segmented into mid-wave infrared spectroscopy, short-wave infrared spectroscopy and far-wave infrared spectroscopy. IR spectroscopy, by type can be further sub-segmented into benchtop, hyphenated, IR microscopy, portable & handheld and terahertz. Near-infrared spectroscopy can be further segmented into scanning, fourier-transform and filter or AOTF. Raman spectroscopy can be further segmented into raman spectroscopy, by sampling technique and raman spectroscopy, by type. Raman spectroscopy, by sampling technique can be further sub-segmented into surface-enhanced raman scattering, tip-enhanced raman scattering and other sampling techniques. Raman spectroscopy, by type can be further sub-segmented into micro-raman spectroscopy, probe-based raman spectroscopy, FT-raman spectroscopy and OTHER technologies. Other technologies can be further sub-segmented into fluorescence spectroscopy and hybrid spectroscopy.
- Molecular spectroscopy market has also been segmented on the basis of application into pharmaceutical applications, biotechnology & biopharmaceutical applications, food & beverage testing, environment testing, academic research and other applications.
Europe Molecular Spectroscopy Market Country Level Analysis
Europe molecular spectroscopy market is analysed and market size, volume information is provided by country, technology and application as referenced above.
The countries covered in the Europe molecular spectroscopy market report are Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, and rest of Europe.
Germany will dominate the Europe molecular spectroscopy market due to the presence of advanced healthcare systems. Further, technological advancements in molecular spectroscopy to be used in various applications are supported by the government through various incentives and investments which is propelling the growth in the country.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Molecular Spectroscopy Market Share Analysis
Molecular spectroscopy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to molecular spectroscopy market.
The major players covered in the Europe molecular spectroscopy market report are Thermo Fisher Scientific, Inc., Merck KGaA, PerkinElmer Inc, ABB, Agilent Technologies, Inc, Bruker, Horiba, Ltd, Shimadzu Corporation, JEOL Ltd and JASCO among other domestic players. Market share data is available for Europe separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
In August 2018, 34th European Congress on Molecular Spectroscopy (EUCMOS) was held in Portugal between 19th to 24th August. The objective of this event was exchanging ideas and encouraging collaborations between various people who were interested in various applications of molecular spectroscopy who would help to identify new trends and define future objectives. Different methods and techniques including computational and theoretical approaches were considered. Various topics such as solid state spectroscopy, low temperature spectroscopy, spectroscopy and chemical dynamics, spectroscopy of biological systems, spectroscopy in chemical analysis, spectroscopy of surfaces and interfaces, applied spectroscopy (archaeology, geology, mineralogy, arts, environmental and food analysis), spectroscopy of new materials, high resolution spectroscopies, spectroscopy in astrophysics and other new theories in spectroscopy were discussed by several distinguished speakers.
Customization Available : Europe Molecular Spectroscopy Market
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