What is Atomic Absorption Spectrometer?
The Atomic Absorption Spectrometer (AAS) detects elements in liquid or solid samples by using different wavelengths of electromagnetic energy from a light source. Individual elements absorb wavelengths differently, and the absorbance of these elements is measured against standards. AAS, in effect, takes advantage of the various radiation wavelengths absorbed by different atoms. Analytes are first atomized in AAS to emit and record their characteristic wavelengths. Then, during excitation, electrons in their respective atoms move up one energy level when that atom absorbs a specific amount of energy. This energy corresponds to a particular wavelength that is unique to the element. Specific elements can be detected and measured depending on the wavelength and intensity of the light. Atomic absorption spectrometry (AAS) is a simple, high-throughput, and low-cost technique for analysing elements in solution. As a result, AAS is used in food and beverage analysis, water analysis, clinical research, and pharmaceutical analysis.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Pg Instruments (United Kingdom), Roch Mechatronics Inc (India), Torontech (Canada), Lumex (Japan), Dshing Instrument Co.Ltd. (China), Thermo Fisher Scientific (United States), Analytik Jena AG (Germany), Hitachi High-Technologies Corporation (Japan), GBC Scientific Equipment Pty Ltd. (Australia) and Agilent Technologies (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Flame (F AAS), Cold Vapor (CV AAS), Hydride-Generating (HG AAS) and Graphite Furnace (GF-AAS)) , by application (Pharmacology, Biophysics, Archaeology and Toxicology Research) and major geographies. Research Analyst at AMA predicts that United States & Japanese Manufacturers will contribute to the maximum growth of Global Atomic Absorption Spectrometer market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Atomic Absorption Spectrometer market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are Pg Instruments (United Kingdom), Roch Mechatronics Inc (India), Torontech (Canada), Lumex (Japan), Dshing Instrument Co.Ltd. (China), Thermo Fisher Scientific (United States), Analytik Jena AG (Germany), Hitachi High-Technologies Corporation (Japan), GBC Scientific Equipment Pty Ltd. (Australia) and Agilent Technologies (United States).
Market Overview:
On 1st June 2022, Thermo Fisher Scientific, Inc. had already completed its acquisition of Wilmington-based global contract research organization PPD. Thermo Fisher, which helps customers solve complex analytical challenges, improve patient diagnostics and therapies, and increase laboratory productivity, has a significant presence in North Carolina. Before the PPD acquisition, it employed approximately 4,000 people across seven sites in the state.
The Environmental Protection Agency requires that laboratory waste management practices be conducted consistent with all applicable rules and regulations. The Agency urges laboratories to protect the air, water, and land by minimizing and controlling all releases from hoods and bench operations, complying with the letter and spirit of any sewer discharge permits and regulations, and by complying with all solid and hazardous waste regulations, particularly the hazardous waste identification rules and land disposal restrictions.
The report focuses on the market size of the Atomic Absorption Spectrometer, segment size (primarily covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the study contains strategies for businesses to overcome COVID-19 threats. Technological advancement and innovation will further optimize the product's performance, allowing it to acquire a broader range of applications in the downstream market. Furthermore, customer preference analysis, market dynamics (drivers, restraints, and opportunities), new product releases, COVID-19 impact, regional conflicts, and carbon neutrality provide critical information for us to start delving into the Atomic Absorption Spectrometer market.
Influencing Trend:
Advancement in the Atomic Absorption Spectrometer Technology and Rise in the Use for Identifying Toxins in Food and Beverages, Diagnosing Bacterial Infections To Imaging Samples At The Biomolecular Level
Market Growth Drivers:
High Demand for Atomic Absorption Spectrometer in Environmental Analysis and Widely Used For Drinking Water Testing, Pesticide Screening And Quantitation, Soil Contamination Assessment, Carbon Dioxide And Pollution Monitoring, And Trace Elemental Analysis Of Heavy Metals Leaching
Challenges:
High Complex Designing of Detectors and High Production and Maintenance Cost Associated With Atomic Absorption Spectrometer
Restraints:
High Cost Related to Atomic Absorption Spectrometer and Continuous Changes in Technology
Opportunities:
Digital Transformation through Inclusion of AI Technology in Security Applications and Growing Adoption of Detectors in Developing Countries
Key highlights of the Global Atomic Absorption Spectrometer market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Atomic Absorption Spectrometer market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Atomic Absorption Spectrometer market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Atomic Absorption Spectrometer Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Atomic Absorption Spectrometer market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Atomic Absorption Spectrometer market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Atomic Absorption Spectrometer Manufacturers, Atomic Absorption Spectrometer Suppliers & Distributors, Government Bodies, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.