Industry Background:
The ultraviolet analyzer uses the ultraviolet region of the electromagnetic radiation spectrum. The wavelengths of the spectrum are from 100 to 400 microns. This technique is used in ultraviolet, infrared, X-ray, and similar regions, it usually surveys all the wavelengths in the UV or IR region. The Ultraviolet analyzer frequently analyzes spectrophotometry in which transmits radiation through different wavelengths.UV analyzers are generally capable of more sensitivity than their IR counterpart. The development of ultraviolet analyzers with improved capacity and growing demand for analyzers from emerging economies would provide growth opportunities to the market.
According to AMA Research, the market for Ultraviolet Analyzer is expected to register a CAGR of 6.1% during the forecast period to 2027. This growth is primarily driven by Rise in Demand for Environmental Protection
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | K Unit |
Value Unit | USD (Million) |
Key Companies in Study | ABB Ltd. (Switzerland), AMETEK, Inc. (United States), Emerson Electric Co. (United States), Halma plc (United Kingdom), Horiba, Ltd (Japan), Teledyne Analytical Instruments Inc. (United States), Thermo Fisher Scientific Inc. (United States), Xylem Inc. (United States), Agilent Technologies Inc. (United States) and Hitachi High-Technologies Corporation (Japan) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Electrical Components & Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as ABB Ltd. (Switzerland), AMETEK, Inc. (United States), Emerson Electric Co. (United States), Halma plc (United Kingdom), Horiba, Ltd (Japan), Teledyne Analytical Instruments Inc. (United States), Thermo Fisher Scientific Inc. (United States), Xylem Inc. (United States), Agilent Technologies Inc. (United States) and Hitachi High-Technologies Corporation (Japan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Aug 2019, Teledyne Technologies Incorporated announced the successful completion of the previously announced acquisition by Teledyne of the gas and flame detection business of 3M for 230 million in cash. The gas and flame detection business includes Oldham, Simtronics, Gas Measurement Instruments (GMI), Detcon and select Scott Safety products.The market is highly competitive due to the presence of several prominent vendors. Some of the prominent players are adopting some organic and inorganic strategies such as mergers, acquisitions, partnerships, and product launches, among others in order to gain a competitive advantage. Moreover, some of these players are focusing on technological advancements in order to offer innovative products to the market.
Market Drivers
- Rise in Demand for Environmental Protection
- Stringent Environmental Standards and Regulations
Market Trend
- High Usage of Ultraviolet Analyzers for Emission Monitoring
- Rise in demand for physical disinfection using ultraviolet (UV) analyzer technology
Restraints
Opportunities
Rising R& D to Develop Ultraviolet Analyzers With Improved Capacity and Growing Demand for Analyzers from Emerging Economies
Challenges
Lack of Skilled Labor
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Ultraviolet Analyzer Study Sheds Light on
The Ultraviolet Analyzer Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Ultraviolet Analyzer industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Ultraviolet Analyzer industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.