ICP-OES Spectrometer Market Analysis by SWOT, Investment, Future Growth and Major Key Players 2020 to 2027
The global ICP-OES spectrometer market was valued at USD 521.4 million in 2018 at a CAGR of 7.2% during the forecast period of 2019 to 2025.
ICP-OES Spectrometer is an analytical instrument that is used for the detection of chemical elements. It uses the technique of inductively coupled plasma optical emission spectroscopy (ICP-OES) for carrying out its analysis procedure. Certain factors that propel the growth of the ICP-OES spectrometer market include increasing R&D expenditure for the development of better analytical systems and growing technological advancements.
However, the high cost of instruments and requirement of large capital investment for setting up instrument manufacturing plants is hindering the growth of the global ICP-OES spectrometer market in the forecast period.
Currently, the global ICP-OES spectrometer market is dominated by several players. The major players in this market are involved in strategic acquisitions and product launches to expand their product portfolios. For instance, in March 2016, GBC Scientific Equipment launched the OptiMass 9600, which uses the ICP-OES spectrometer technology.
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The global ICP-OES spectrometer market has been segmented based on
- Spectrometer type
- End user
The global ICP-OES spectrometer market, by region, is segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The ICP-OES spectrometer market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada. The European ICP-OES spectrometer market has been sub-divided into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The ICP-OES spectrometer market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The ICP-OES spectrometer market in the Middle East & Africa has been divided into the Middle East and Africa.
Ambulatory Services Market Players
- PerkinElmer Inc.
- Shimadzu Corporation
- GBC Scientific Equipment
- Thermo Fisher Scientific
- Agilent Technologies, Inc.
- SPECTRO Analytical Instruments GmbH
- Teledyne Leeman Labs
- Analytik Jena AG
- Skyray Instrument Inc.
- Beijing Huake Tiancheng Technology Co., Ltd
- Hitachi High-Technologies Corporation
- Merck KGaA
among others are some key companies in the global ICP-OES Spectrometer that are listed by MRFR for market research.
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Table Of Contents
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
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