What is Atomic Spectroscopy?
Atomic spectroscopy refers to the electromagnetic radiation absorbed and emitted by atoms. Atomic spectroscopy is widely used in numerous industries such as pharmaceuticals & biotechnology, food & beverage testing, geochemical/mining, industrial chemistry, environmental testing, and others thereby driving the growth of the global atomic spectroscopy market. Further, increasing demand for the advanced analytical tools, increasing applications of x-ray fluorescence technology in medical research, and rising government investment in the atomic spectroscopy technology expected to drive the demand for atomic spectroscopy market over the forecasted period.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Agilent Technologies (United States), PerkinElmer (United States), Thermo Fisher Scientific (United States), Bruker Corporation (United States), Rigaku Corporation (Japan), Shimadzu Corporation (Japan), Analytik Jena AG (Germany), Hitachi High-Technologies Corporation (Japan) and GBC Scientific Equipment Pty Ltd (Australia) |
CAGR | 6.4% |
The study covers a detailed analysis segmented by key business segments i.e. , by application (Pharmaceuticals & Biotechnology, Geochemical/Mining, Industrial Chemistry, Environmental Testing, Food & Beverage Testing, Petrochemical and Others) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Atomic Spectroscopy 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 Spectroscopy market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Agilent Technologies (United States), PerkinElmer (United States), Thermo Fisher Scientific (United States), Bruker Corporation (United States), Rigaku Corporation (Japan), Shimadzu Corporation (Japan), Analytik Jena AG (Germany), Hitachi High-Technologies Corporation (Japan) and GBC Scientific Equipment Pty Ltd (Australia).
Market Overview:
May 2018, PerkinElmer engaged in the areas of diagnostics, life science research, environmental, food, and industrial testing acquired Shanghai Spectrum Instruments Co., Ltd, manufactures analytical instruments including atomic absorption spectrophotometers and other accessories.
Influencing Trend:
Increasing Applications of X-Ray Fluorescence Technology in Medical Research and Technological Advancement in the Field of Atomic Spectroscopy
Market Growth Drivers:
Stringent Regulations Related to the Drug Safety Process and Rising Government Spending in the Atomic Spectroscopy Technology
Challenges:
Lack of Awareness among the Emerging Countries
Restraints:
High Initial Investment Associated With Atomic Spectroscopy and Lack of Skilled Professionals
Opportunities:
Increasing Demand for Atomic Spectroscopy from the Pharmaceutical Industry and Rising Demand from the Developing Economies
Key highlights of the Global Atomic Spectroscopy market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Atomic Spectroscopy market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Atomic Spectroscopy 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 Players
Comprehensive information about factors that will challenge the growth of Atomic Spectroscopy Players
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 Spectroscopy 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 Spectroscopy 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 Manufacturers, Suppliers/Distributors, Pharmaceutical Companies, Biotechnology Companies, Venture Capitalists, Government Regulatory Authorities, Research and Development Companies 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.