Process Spectroscopy Market

Process Spectroscopy Market (Applications: Biopharma Research, Life Science Research, Polymer Analysis, Forensic Drug Analysis, Academic Research, Petrochemical Analysis, Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Process Spectroscopy Market Outlook 2031

  • The global process spectroscopy market was valued at US$ 18.15 Bn in 2021
  • It is estimated to expand at a CAGR of 8.2% from 2022 to 2031
  • The global process spectroscopy market is expected to reach US$ 39.06 Bn by the end of 2031

Analysts’ Viewpoint on Process Spectroscopy Market Scenario

The global process spectroscopy market is flourishing due to a growing focus on maintaining international quality standards by various industries and a rising usage of process technologies in the food & beverage and agricultural sectors. Introduction of cloud-based spectroscopy offers significant opportunity for adoption by different end-use industries. Computational resources can be dynamically scaled up and down to match changing workloads in next-generation cloud-based spectroscopy. Moreover, the application of Process Analytical Technology (PAT) to ensure optimum performance of the finished product offers additional benefits. Increase in adoption of Raman imaging spectroscopy for non-destructive and non-invasive 3D investigation imaging of chemical and molecular compounds to quickly identify and analyze tiny contaminants in sample also offers lucrative opportunities for manufacturers of Raman spectroscopy. High precision and ability to determine finest molecular details, such as presence of functional groups and molecular weight, make this technology more attractive for companies engaged in drug development and chemical analysis. Based on end-use industry, adoption of process spectroscopy in pharmaceuticals, chemical, and food & agriculture industries is boosting preference for advanced spectroscopy instruments. North America is likely to hold largest share of the global process spectroscopy market during the forecast period owing to stringent government quality control legislation and improved requirements for process monitoring.

Process Spectroscopy Market

Global Process Spectroscopy Market Introduction

Process spectroscopy instruments are designed to determine the physical and electronic structure of matter/sample at atomic or molecular/macro levels. The key principle of spectroscopy involves the analysis of interactions between matter and electromagnetic radiation with the aid of wavelength or frequency of the radiation. Mass spectrometers can detect, identify, and quantify molecules within samples based on molecular mass-to-charge ratio after ionization. However, molecular spectroscopy is the interactions that occur between molecules and electromagnetic radiation. These radiations are electric and magnetic fields that vary simultaneously.

The global process spectroscopy market is likely to rise at a significant growth rate during the forecast period 2022-2031 due to increasing adoption of various types of spectroscopy for diverse applications such as nanotechnology, microplastics testing, polymer/chemical analysis, electronics & semiconductor testing, material science research, academic research, pharmaceutical sample testing, and geology research.

Rapid increase in adoption of spectrometers for life science and biopharmaceutical applications driving market

Fluorescence spectroscopy is extensively utilized to detect intracellular ion concentrations, analyze the rotational motion of molecules, and finely control sample temperatures for protein and peptide analysis.

Rise in adoption of various spectroscopy technologies for a wide range of life science applications fuels the market. These life science applications include characterization of bio-labels for live cell imaging, characterizing GPCR oligomerization, detection of specific bacterial strains, analysis of platelet response using cellular signaling, analysis of changes in tertiary structure of proteins, and testing thermal stability of biocatalysts and pharmaceuticals.

Key players of process spectroscopy market are continuously developing advanced spectrometers to gain a competitive edge in the market. For instance, in July 2018, PerkinElmer, Inc. launched FL 6500 Pulse Xenon and FL 8500 Continuous Wave Fluorescence Spectrometers, for industrial companies, universities, government, and pharmaceutical laboratories to analyze diverse sample types for research and evolving compliance requirements. The FL 6500 fluorescence spectrometer is widely used for cell biology, molecular biology, immunology, enzymology, and protein analysis.

In November 2021, Thermo Fisher Scientific Inc. launched new-generation mass spectrometry instruments, workflows and software at American Society for Mass Spectrometry (ASMS) Conference on Mass Spectrometry and Allied Topics, Pennsylvania U.S. The launched instrument included Orbitrap Exploris MX mass detector that enables biopharmaceutical laboratories implement multi-attribute method (MAM) and perform intact analysis of monoclonal antibodies, oligonucleotide mass determination, and peptide mapping.

Increase in demand for Raman spectroscopy fuels market

Increase in adoption of Raman spectroscopy for airport security screening, pharmaceutical quality control, and hazardous chemical identification in field is propelling the market. These spectrometers are widely deployed at airports, which provides exceptional detection capabilities with an ultra-low false alarm rate for non-metallic containers. Moreover, Raman analyzer enable the rapid identification of explosives, narcotics, toxic industrial chemicals, chemical warfare agents, and other materials through sealed, opaque containers. These are heavily used in hazardous chemical identification and incident response. Thus, the Raman spectroscopy market is growing owing to the deployment of these spectroscopes in hazmat response, EOD, CBRN, law enforcement, and parcel screening at customs, ports, and borders.

Major market players are investing heavily in R&D for Raman spectrometers and launching innovative products in the market to remain competitive. For instance, in June 2022, Timegate Instruments Ltd. launched its third-generation instrument PicoRaman M3, integrated with patented Timegated Raman technology with real fluorescence rejection. This instrument offers benefits such as quick & continuous, real-time, and online measurements of highly specific chemicals and widely used for non-destructive analysis. The PicoRaman M3 spectrometer also deployed in application of science and process industries, such as the biopharmaceutical sector, to monitor bioprocess and calculate nutrients.

Extensive use of NIR spectroscopy augmenting molecular spectroscopy segment of market

In terms of technology, the global process spectroscopy market has been classified into molecular spectroscopy, mass spectroscopy, and atomic spectroscopy. The molecular spectroscopy segment has been further divided into Near Infrared (NIR) spectroscopy, Raman spectroscopy, Fourier Transform Infrared (FT-IR) spectroscopy, fluorescence spectroscopy, and others.

Near Infrared (NIR) spectroscopy sub-segment held the largest market share in 2021, and it is likely to advance at a significant CAGR during the forecast period. Near-infrared spectroscopy offers highly flexible form of analysis, and it is used in a broad range of research and industrial process applications. It is a cost-effective tool for measuring materials in order to optimize processes and manage costs in various industries.

Near-infrared spectroscopy is widely used in quality control and quality assurance processes to accurately determine chemical and physical properties of samples. Thus, NIR spectrometers are heavily deployed for chemical production, cosmetics, pulp and paper, pharmaceuticals, petrochemicals, and polymer production applications.

Rise in demand for spectroscopy in biopharma research to boost market

In terms of applications, the global process spectroscopy has been classified into biopharma research, life science research, polymer analysis, forensic drug analysis, academic research, petrochemical analysis, and others. In terms of application, biopharma research is one of the key market segments in process spectroscopy, and it accounted for significant share of the market in 2021. The segment is projected to rise at the highest CAGR during the forecast period.

Rise in demand for FT-IR and NIR spectroscopy for remote and real-time monitoring of continuous and batch processes in the pharmaceutical industry fuels the market. Various spectrometers used for content uniformity testing, drug product identification, polymorph, and crystallinity applications. Furthermore, demand analysis of process spectroscopy reveals that utilization of process spectroscopy for analytical measurements in pharmaceutical applications ranges from verification of raw materials to process monitoring of drug production and quality control of products, which in turn further propels the market. Process spectroscopy in the pharmaceutical industry helps in efficient process monitoring and enhancing quality control in the entire process chain.

Regional Outlook of Global Process Spectroscopy Market

The process spectroscopy market in North America held the highest share and accounted for 48.3% of the global market in 2021 owing to the presence of key market players, technological advancements, and countries, such as the U.S. and Canada offering ample and lucrative opportunities for manufacturers on a long-term basis in the region.

Increased use of spectroscopy to meet the standards of drug safety regulations and early adoption and extensive R &D in field of spectroscopy have propelled the demand for process spectroscopy in the region. The chemical industry is one of the largest private-sector industry in research and development of the U.S. According to the American Chemistry Council, Inc., around US$ 517 billion is generated annually by the business of chemistry, and it contributes around 25% to the U.S GDP. Thus, growth in the chemical sector offers significant opportunities for manufacturers of the process spectroscopy instruments in the country.

The market in Europe and Asia Pacific is also growing significantly due to rapidly expansion of the chemical industry in these regions, demand for safe handling of chemicals, and stringent government regulations, which make spectroscopic analysis essential in these regions. Moreover, ongoing research and development in the pharmaceutical sector and demand for precise analytical measurements also propel the process spectroscopy market in Europe and Asia Pacific.

Middle East & Africa is a larger market of process spectroscopy as compared to South America; however, the market in Middle East & Africa is estimated to expand at a rapid pace as compared to the market in South America.

Analysis of Key Players in Global Process Spectroscopy Market

The global process spectroscopy market is consolidated with number of large-scale vendors controlling the majority of the market share. A majority of the firms are spending significantly on comprehensive research and development, and new product development. Expansion of product portfolios and mergers and acquisitions are major strategies adopted by key players. Bruker Optics GmbH & Co. KG, Agilent Technologies, Inc., Magritek, Danaher Corporation, Foss A/S, Sartorius AG, HORIBA, Ltd., Kett Electric Laboratory Co.Ltd., ABB Ltd., BÜCHI Labortechnik AG, Thermo Fisher Scientific Inc., PerkinElmer, Inc., and Timegate Instruments Ltd. are the key players operating in the global process spectroscopy market.

Key Developments in Global Process Spectroscopy Market

  • In March 2022, PerkinElmer, Inc. launched its new FT-IR liquid food-testing platform including instruments, software, and streamlined workflows. This includes LQA300 TM FT-IR system for wine and LactoScope 300TM FT-IR system for liquid dairy and other cloud based-software and streamlined workflows to deliver results in under 45 seconds. The LQA300 system for wine identifies key quality areas including alcohol, sugar, acidity, pH and density levels during harvest to bottling part of the winemaking process. The LactoScope 300 system detects key dairy markers such as fat, protein and lactose levels in milk, cream, and whey.
  • In August 2020, Wasatch Photonics launched WP 248 Raman spectrometer, an addition of UV Raman spectrometer to its family of modular Raman spectroscopy products. The WP 248 is suitable for fluorescence-free Raman spectroscopy and offers enhanced sensitivity and selectivity. This spectrometer is designed to be utilized in gas detection, materials analysis, and studies of structure and dynamics in biomolecules such as proteins and nucleic acids.

Each of these players has been profiled in the process spectroscopy market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments

Global Process Spectroscopy Market Snapshot

Attribute

Detail

Market Size Value in 2021

US$ 18.15 Bn

Market Forecast Value in 2031

US$ 39.06 Bn

Growth Rate

(CAGR)

8.2%

Forecast Period

2022–2031

Historical Data Available for

2017–2020

Quantitative Units

US$ Bn for Value

Market Analysis

It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2021)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Technology
    • Molecular Spectroscopy
      • Near Infrared (NIR) Spectroscopy
      • Raman Spectroscopy
      • Fourier Transform Infrared (FT-IR) Spectroscopy
      • Fluorescence Spectroscopy
      • Others (Nuclear Magnetic Resonance (NMR) Spectroscopy, Mid-infrared Spectroscopy (MIR), etc.)
    • Mass Spectroscopy
    • Atomic Spectroscopy
  • Application
    • Biopharma Research
    • Life Science Research
    • Polymer Analysis
    • Forensic Drug Analysis
    • Academic Research
    • Petrochemical Analysis
    • Others (Cannabis Testing, Food & Beverage Sample Testing, etc.)
  • End-use Industry
    • Chemical
    • Healthcare & Life Science
    • Pharmaceutical 
    • Research & Academia
    • Food & Beverage
    • Oil & Gas
    • Others (Agriculture, Semiconductor, etc.)

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered

  • U.S.
  • Canada
  • The U.K.
  • Germany
  • France
  • China
  • India
  • Japan
  • South Korea
  • ASEAN
  • GCC
  • South Africa
  • Brazil

Companies Profiled

  • ABB Ltd.
  • Agilent Technologies, Inc.
  • Bruker Optics GmbH & Co. KG
  • BÜCHI Labortechnik AG
  • Danaher Corporation
  • Foss A/S
  • HORIBA, Ltd.
  • Kett Electric Laboratory Co.Ltd.
  • Magritek 
  • PerkinElmer, Inc., 
  • Sartorius AG
  • Thermo Fisher Scientific Inc.
  • Timegate Instruments Ltd.

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big is the process spectroscopy market in 2021?

The process spectroscopy market stood at US$ 18.15 Bn in 2021.

How is the process spectroscopy market expected to grow by 2031?

The process spectroscopy market is expected to rise at a CAGR of 8.2% by 2031.

How much worth the process spectroscopy market will be in 2031?

The process spectroscopy market would reach US$ 39.06 Bn in 2031.

Who are the prominent players in the process spectroscopy market?

Bruker Optics GmbH & Co. KG, Agilent Technologies, Inc., Magritek, Danaher Corporation, Foss A/S, Sartorius AG, HORIBA, Ltd., Kett Electric Laboratory Co.Ltd., ABB Ltd., BÜCHI Labortechnik AG, Thermo Fisher Scientific Inc., PerkinElmer, Inc., and Timegate Instruments Ltd.

How big is the U.S. in the process spectroscopy market?

The U.S. accounted for 38.2% share of the global process spectroscopy market in 2021.

What is the share of molecular spectroscopy segment in process spectroscopy market?

Based on technology, the molecular spectroscopy segment held 41.2% share of the process spectroscopy market in 2021.

What are the prominent trends in the process spectroscopy market?

Emergence of effective medical remedies leading to various drug discoveries by utilizing Raman spectroscopy, rising awareness about quality among industries, and increasing focus on reducing operational expenditure.

Which region is more lucrative in process spectroscopy market?

North America is more lucrative region of the global process spectroscopy market.

    1. Preface

        1.1. Market Introduction

        1.2. Market and Segments Definition

        1.3. Market Taxonomy

        1.4. Research Methodology

        1.5. Assumption and Acronyms

    2. Executive Summary

        2.1. Global Process Spectroscopy Market Overview

        2.2. Regional Outline

        2.3. Industry Outline

        2.4. Market Dynamics Snapshot

        2.5. Competition Blueprint

    3. Market Dynamics

        3.1. Macro-economic Factors

        3.2. Drivers

        3.3. Restraints

        3.4. Opportunities

        3.5. Key Trends

        3.6. Regulatory Scenario

    4. Associated Industry and Key Indicator Assessment

        4.1. Parent Industry Overview – Global Analytical Measurement Industry Overview

        4.2. Supply Chain Analysis

        4.3. Technology Roadmap Analysis

        4.4. Industry SWOT Analysis

        4.5. Porter Five Forces Analysis

        4.6. Covid-19 Impact and Recovery Analysis

    5. Process Spectroscopy Market Analysis, by Technology

        5.1. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Technology, 2017–2031

            5.1.1. Molecular Spectroscopy

                5.1.1.1. Near Infrared (NIR) Spectroscopy

                5.1.1.2. Raman Spectroscopy

                5.1.1.3. Fourier Transform Infrared (FT-IR) Spectroscopy

                5.1.1.4. Fluorescence Spectroscopy

                5.1.1.5. Others

            5.1.2. Mass Spectroscopy

            5.1.3. Atomic Spectroscopy

        5.2. Market Attractiveness Analysis, by Technology

    6. Process Spectroscopy Market Analysis, by Application

        6.1. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Application, 2017–2031

            6.1.1. Biopharma Research

            6.1.2. Life Science Research

            6.1.3. Polymer Analysis

            6.1.4. Forensic Drug Analysis

            6.1.5. Academic Research

            6.1.6. Petrochemical Analysis

            6.1.7. Others

        6.2. Market Attractiveness Analysis, by Application

    7. Process Spectroscopy Market Analysis, by End-use Industry

        7.1. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031

            7.1.1. Chemical

            7.1.2. Healthcare & Life Science

            7.1.3. Pharmaceutical

            7.1.4. Research & Academia

            7.1.5. Food & Beverage

            7.1.6. Oil & Gas

            7.1.7. Others

        7.2. Market Attractiveness Analysis, by End-use Industry

    8. Process Spectroscopy Market Analysis and Forecast, by Region

        8.1. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Region, 2017–2031

            8.1.1. North America

            8.1.2. Europe

            8.1.3. Asia Pacific

            8.1.4. Middle East & Africa

            8.1.5. South America

        8.2. Market Attractiveness Analysis, by Region

    9. North America Process Spectroscopy Market Analysis and Forecast

        9.1. Market Snapshot

        9.2. Drivers and Restraints: Impact Analysis

        9.3. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Technology, 2017–2031

            9.3.1. Molecular Spectroscopy

                9.3.1.1. Near Infrared (NIR) Spectroscopy

                9.3.1.2. Raman Spectroscopy

                9.3.1.3. Fourier Transform Infrared (FT-IR) Spectroscopy

                9.3.1.4. Fluorescence Spectroscopy

                9.3.1.5. Others

            9.3.2. Mass Spectroscopy

            9.3.3. Atomic Spectroscopy

        9.4. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Application, 2017–2031

            9.4.1. Biopharma Research

            9.4.2. Life Science Research

            9.4.3. Polymer Analysis

            9.4.4. Forensic Drug Analysis

            9.4.5. Academic Research

            9.4.6. Petrochemical Analysis

            9.4.7. Others

        9.5. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031

            9.5.1. Chemical

            9.5.2. Healthcare & Life Science

            9.5.3. Pharmaceutical

            9.5.4. Research & Academia

            9.5.5. Food & Beverage

            9.5.6. Oil & Gas

            9.5.7. Others

        9.6. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            9.6.1. U.S.

            9.6.2. Canada

            9.6.3. Rest of America

        9.7. Market Attractiveness Analysis

            9.7.1. By Technology

            9.7.2. By Application

            9.7.3. By End-use Industry

            9.7.4. By Country and Sub-region

    10. Europe Process Spectroscopy Market Analysis and Forecast

        10.1. Market Snapshot

        10.2. Drivers and Restraints: Impact Analysis

        10.3. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Technology, 2017–2031

            10.3.1. Molecular Spectroscopy

                10.3.1.1. Near Infrared (NIR) Spectroscopy

                10.3.1.2. Raman Spectroscopy

                10.3.1.3. Fourier Transform Infrared (FT-IR) Spectroscopy

                10.3.1.4. Fluorescence Spectroscopy

                10.3.1.5. Others

            10.3.2. Mass Spectroscopy

            10.3.3. Atomic Spectroscopy

        10.4. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Application, 2017–2031

            10.4.1. Biopharma Research

            10.4.2. Life Science Research

            10.4.3. Polymer Analysis

            10.4.4. Forensic Drug Analysis

            10.4.5. Academic Research

            10.4.6. Petrochemical Analysis

            10.4.7. Others

        10.5. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031

            10.5.1. Chemical

            10.5.2. Healthcare & Life Science

            10.5.3. Pharmaceutical

            10.5.4. Research & Academia

            10.5.5. Food & Beverage

            10.5.6. Oil & Gas

            10.5.7. Others

        10.6. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            10.6.1. Germany

            10.6.2. UK

            10.6.3. France

            10.6.4. Rest of Europe

        10.7. Market Attractiveness Analysis

            10.7.1. By Technology

            10.7.2. By Application

            10.7.3. By End-use Industry

            10.7.4. By Country and Sub-region

    11. Asia Pacific Process Spectroscopy Market Analysis and Forecast

        11.1. Market Snapshot

        11.2. Drivers and Restraints: Impact Analysis

        11.3. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Technology, 2017–2031

            11.3.1. Molecular Spectroscopy

                11.3.1.1. Near Infrared (NIR) Spectroscopy

                11.3.1.2. Raman Spectroscopy

                11.3.1.3. Fourier Transform Infrared (FT-IR) Spectroscopy

                11.3.1.4. Fluorescence Spectroscopy

                11.3.1.5. Others

            11.3.2. Mass Spectroscopy

            11.3.3. Atomic Spectroscopy

        11.4. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Application, 2017–2031

            11.4.1. Biopharma Research

            11.4.2. Life Science Research

            11.4.3. Polymer Analysis

            11.4.4. Forensic Drug Analysis

            11.4.5. Academic Research

            11.4.6. Petrochemical Analysis

            11.4.7. Others

        11.5. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031

            11.5.1. Chemical

            11.5.2. Healthcare & Life Science

            11.5.3. Pharmaceutical

            11.5.4. Research & Academia

            11.5.5. Food & Beverage

            11.5.6. Oil & Gas

            11.5.7. Others

        11.6. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            11.6.1. China

            11.6.2. Japan

            11.6.3. India

            11.6.4. South Korea

            11.6.5. ASEAN

            11.6.6. Rest of Asia Pacific

        11.7. Market Attractiveness Analysis

            11.7.1. By Technology

            11.7.2. By Application

            11.7.3. By End-use Industry

            11.7.4. By Country and Sub-region

    12. Middle East & Africa Process Spectroscopy Market Analysis and Forecast

        12.1. Market Snapshot

        12.2. Drivers and Restraints: Impact Analysis

        12.3. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Technology, 2017–2031

            12.3.1. Molecular Spectroscopy

                12.3.1.1. Near Infrared (NIR) Spectroscopy

                12.3.1.2. Raman Spectroscopy

                12.3.1.3. Fourier Transform Infrared (FT-IR) Spectroscopy

                12.3.1.4. Fluorescence Spectroscopy

                12.3.1.5. Others

            12.3.2. Mass Spectroscopy

            12.3.3. Atomic Spectroscopy

        12.4. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Application, 2017–2031

            12.4.1. Biopharma Research

            12.4.2. Life Science Research

            12.4.3. Polymer Analysis

            12.4.4. Forensic Drug Analysis

            12.4.5. Academic Research

            12.4.6. Petrochemical Analysis

            12.4.7. Others

        12.5. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031

            12.5.1. Chemical

            12.5.2. Healthcare & Life Science

            12.5.3. Pharmaceutical

            12.5.4. Research & Academia

            12.5.5. Food & Beverage

            12.5.6. Oil & Gas

            12.5.7. Others

        12.6. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            12.6.1. GCC

            12.6.2. South Africa

            12.6.3. Rest of Middle East & Africa

        12.7. Market Attractiveness Analysis

            12.7.1. By Technology

            12.7.2. By Application

            12.7.3. By End-use Industry

            12.7.4. By Country and Sub-region

    13. South America Process Spectroscopy Market Analysis and Forecast

        13.1. Market Snapshot

        13.2. Drivers and Restraints: Impact Analysis

        13.3. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Technology, 2017–2031

            13.3.1. Molecular Spectroscopy

                13.3.1.1. Near Infrared (NIR) Spectroscopy

                13.3.1.2. Raman Spectroscopy

                13.3.1.3. Fourier Transform Infrared (FT-IR) Spectroscopy

                13.3.1.4. Fluorescence Spectroscopy

                13.3.1.5. Others

            13.3.2. Mass Spectroscopy

            13.3.3. Atomic Spectroscopy

        13.4. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Application, 2017–2031

            13.4.1. Biopharma Research

            13.4.2. Life Science Research

            13.4.3. Polymer Analysis

            13.4.4. Forensic Drug Analysis

            13.4.5. Academic Research

            13.4.6. Petrochemical Analysis

            13.4.7. Others

        13.5. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031

            13.5.1. Chemical

            13.5.2. Healthcare & Life Science

            13.5.3. Pharmaceutical

            13.5.4. Research & Academia

            13.5.5. Food & Beverage

            13.5.6. Oil & Gas

            13.5.7. Others

        13.6. Process Spectroscopy Market Size (US$ Bn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            13.6.1. Brazil

            13.6.2. Rest of South America

        13.7. Market Attractiveness Analysis

            13.7.1. By Technology

            13.7.2. By Application

            13.7.3. By End-use Industry

            13.7.4. By Country and Sub-region

    14. Competition Assessment

        14.1. Global Process Spectroscopy Market Competition Matrix - a Dashboard View

            14.1.1. Global Process Spectroscopy Market Company Share Analysis, by Value (2021)

            14.1.2. Technological Differentiator

    15. Company Profiles (Global Manufacturers/Suppliers)

        15.1. ABB Ltd.

            15.1.1. Overview

            15.1.2. Product Portfolio

            15.1.3. Sales Footprint

            15.1.4. Key Subsidiaries or Distributors

            15.1.5. Strategy and Recent Developments

            15.1.6. Key Financials

        15.2. Agilent Technologies, Inc.

            15.2.1. Overview

            15.2.2. Product Portfolio

            15.2.3. Sales Footprint

            15.2.4. Key Subsidiaries or Distributors

            15.2.5. Strategy and Recent Developments

            15.2.6. Key Financials

        15.3. Bruker Optics GmbH & Co. KG

            15.3.1. Overview

            15.3.2. Product Portfolio

            15.3.3. Sales Footprint

            15.3.4. Key Subsidiaries or Distributors

            15.3.5. Strategy and Recent Developments

            15.3.6. Key Financials

        15.4. BÜCHI Labortechnik AG

            15.4.1. Overview

            15.4.2. Product Portfolio

            15.4.3. Sales Footprint

            15.4.4. Key Subsidiaries or Distributors

            15.4.5. Strategy and Recent Developments

            15.4.6. Key Financials

        15.5. Danaher Corporation

            15.5.1. Overview

            15.5.2. Product Portfolio

            15.5.3. Sales Footprint

            15.5.4. Key Subsidiaries or Distributors

            15.5.5. Strategy and Recent Developments

            15.5.6. Key Financials

        15.6. Foss A/S

            15.6.1. Overview

            15.6.2. Product Portfolio

            15.6.3. Sales Footprint

            15.6.4. Key Subsidiaries or Distributors

            15.6.5. Strategy and Recent Developments

            15.6.6. Key Financials

        15.7. HORIBA, Ltd.

            15.7.1. Overview

            15.7.2. Product Portfolio

            15.7.3. Sales Footprint

            15.7.4. Key Subsidiaries or Distributors

            15.7.5. Strategy and Recent Developments

            15.7.6. Key Financials

        15.8. Kett Electric Laboratory Co.Ltd.

            15.8.1. Overview

            15.8.2. Product Portfolio

            15.8.3. Sales Footprint

            15.8.4. Key Subsidiaries or Distributors

            15.8.5. Strategy and Recent Developments

            15.8.6. Key Financials

        15.9. Magritek

            15.9.1. Overview

            15.9.2. Product Portfolio

            15.9.3. Sales Footprint

            15.9.4. Key Subsidiaries or Distributors

            15.9.5. Strategy and Recent Developments

            15.9.6. Key Financials

        15.10. PerkinElmer, Inc.

            15.10.1. Overview

            15.10.2. Product Portfolio

            15.10.3. Sales Footprint

            15.10.4. Key Subsidiaries or Distributors

            15.10.5. Strategy and Recent Developments

            15.10.6. Key Financials

        15.11. Sartorius AG

            15.11.1. Overview

            15.11.2. Product Portfolio

            15.11.3. Sales Footprint

            15.11.4. Key Subsidiaries or Distributors

            15.11.5. Strategy and Recent Developments

            15.11.6. Key Financials

        15.12. Thermo Fisher Scientific Inc.

            15.12.1. Overview

            15.12.2. Product Portfolio

            15.12.3. Sales Footprint

            15.12.4. Key Subsidiaries or Distributors

            15.12.5. Strategy and Recent Developments

            15.12.6. Key Financials

        15.13. Timegate Instruments Ltd.

            15.13.1. Overview

            15.13.2. Product Portfolio

            15.13.3. Sales Footprint

            15.13.4. Key Subsidiaries or Distributors

            15.13.5. Strategy and Recent Developments

            15.13.6. Key Financials

    16. Recommendation

        16.1. Opportunity Assessment

            16.1.1. By Technology

            16.1.2. By Application

            16.1.3. By End-use Industry

            16.1.4. By Region

    List of Tables

    Table 01: Global Process Spectroscopy Market Value (US$ Bn) & Forecast, by Technology, 2017‒2031

    Table 02: Global Process Spectroscopy Market Value (US$ Bn) & Forecast, by Application, 2017‒2031

    Table 03: Global Process Spectroscopy Market Value (US$ Bn) & Forecast, by End-use Industry, 2017‒2031

    Table 04: Global Process Spectroscopy Market Value (US$ Bn) & Forecast, by Region, 2017‒2031

    Table 05: North America Process Spectroscopy Market Value (US$ Bn) & Forecast, by Technology, 2017‒2031

    Table 06: North America Process Spectroscopy Market Value (US$ Bn) & Forecast, by Application, 2017‒2031

    Table 07: North America Process Spectroscopy Market Value (US$ Bn) & Forecast, by End-use Industry, 2017‒2031

    Table 08: North America Process Spectroscopy Market Value (US$ Bn) & Forecast, by Country and Sub-region, 2017‒2031

    Table 09: Europe Process Spectroscopy Market Value (US$ Bn) & Forecast, by Technology, 2017‒2031

    Table 10: Europe Process Spectroscopy Market Value (US$ Bn) & Forecast, by Application, 2017‒2031

    Table 11: Europe Process Spectroscopy Market Value (US$ Bn) & Forecast, by End-use Industry, 2017‒2031

    Table 12: Europe Process Spectroscopy Market Value (US$ Bn) & Forecast, by Country and Sub-region, 2017‒2031

    Table 13: Asia Pacific Process Spectroscopy Market Value (US$ Bn) & Forecast, by Technology, 2017‒2031

    Table 14: Asia Pacific Process Spectroscopy Market Value (US$ Bn) & Forecast, by Application, 2017‒2031

    Table 15: Asia Pacific Process Spectroscopy Market Value (US$ Bn) & Forecast, by End-use Industry, 2017‒2031

    Table 16: Asia Pacific Process Spectroscopy Market Value (US$ Bn) & Forecast, by Country and Sub-region, 2017‒2031

    Table 17: Middle East & Africa Process Spectroscopy Market Value (US$ Bn) & Forecast, by Technology, 2017‒2031

    Table 18: Middle East & Africa Process Spectroscopy Market Value (US$ Bn) & Forecast, by Application, 2017‒2031

    Table 19: Middle East & Africa Process Spectroscopy Market Value (US$ Bn) & Forecast, by End-use Industry, 2017‒2031

    Table 20: Middle East & Africa Process Spectroscopy Market Value (US$ Bn) & Forecast, by Country and Sub-region, 2017‒2031

    Table 21: South America Process Spectroscopy Market Value (US$ Bn) & Forecast, by Technology, 2017‒2031

    Table 22: South America Process Spectroscopy Market Value (US$ Bn) & Forecast, by Application, 2017‒2031

    Table 23: South America Process Spectroscopy Market Value (US$ Bn) & Forecast, by End-use Industry, 2017‒2031

    Table 24: South America Process Spectroscopy Market Value (US$ Bn) & Forecast, by Country and Sub-region, 2017‒2031

    List of Figures

    Figure 01: Global Process Spectroscopy Market, Value (US$ Bn), 2017‒2031

    Figure 02: Global Process Spectroscopy Market Size & Forecast, by Technology, Value (US$ Bn), 2017‒2031

    Figure 03: Global Process Spectroscopy Market Attractiveness, by Technology, Value (US$ Bn), 2022‒2031

    Figure 04: Global Process Spectroscopy Market Share Analysis, by Technology, 2022 and 2031

    Figure 05: Global Process Spectroscopy Market Size & Forecast, by Application, Value (US$ Bn), 2017‒2031

    Figure 06: Global Process Spectroscopy Market Attractiveness, by Application, Value (US$ Bn), 2022‒2031

    Figure 07: Global Process Spectroscopy Market Share Analysis, by Application, 2022 and 2031

    Figure 08: Global Process Spectroscopy Market Size & Forecast, by End-use Industry, Value (US$ Bn), 2017‒2031

    Figure 09: Global Process Spectroscopy Market Attractiveness, by End-use Industry, Value (US$ Bn), 2022‒2031

    Figure 10: Global Process Spectroscopy Market Share Analysis, by End-use Industry, 2022 and 2031

    Figure 11: Global Process Spectroscopy Market Size & Forecast, by Region, Value (US$ Bn), 2017‒2031

    Figure 12: Global Process Spectroscopy Market Attractiveness, by Region, Value (US$ Bn), 2022‒2031

    Figure 13: Global Process Spectroscopy Market Share Analysis, by Region, 2022 and 2031

    Figure 14: North America Process Spectroscopy Market, Value (US$ Bn), 2017‒2031

    Figure 15: North America Process Spectroscopy Market Size & Forecast, by Technology, Value (US$ Bn), 2017‒2031

    Figure 16: North America Process Spectroscopy Market Attractiveness, by Technology, Value (US$ Bn), 2022‒2031

    Figure 17: North America Process Spectroscopy Market Share Analysis, by Technology, 2022 and 2031

    Figure 18: North America Process Spectroscopy Market Size & Forecast, by Application, Value (US$ Bn), 2017‒2031

    Figure 19: North America Process Spectroscopy Market Attractiveness, by Application, Value (US$ Bn), 2022‒2031

    Figure 20: North America Process Spectroscopy Market Share Analysis, by Application, 2022 and 2031

    Figure 21: North America Process Spectroscopy Market Size & Forecast, by End-use Industry, Value (US$ Bn), 2017‒2031

    Figure 22: North America Process Spectroscopy Market Attractiveness, by End-use Industry, Value (US$ Bn), 2022‒2031

    Figure 23: North America Process Spectroscopy Market Share Analysis, by End-use Industry, 2022 and 2031

    Figure 24: North America Process Spectroscopy Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017‒2031

    Figure 25: North America Process Spectroscopy Market Attractiveness, by Country and Sub-region, Value (US$ Bn), 2022‒2031

    Figure 26: North America Process Spectroscopy Market Share Analysis, by Country and Sub-region, 2022 and 2031

    Figure 27: Europe Process Spectroscopy Market, Value (US$ Bn), 2017‒2031

    Figure 28: Europe Process Spectroscopy Market Size & Forecast, by Technology, Value (US$ Bn), 2017‒2031

    Figure 29: Europe Process Spectroscopy Market Attractiveness, by Technology, Value (US$ Bn), 2022‒2031

    Figure 30: Europe Process Spectroscopy Market Share Analysis, by Technology, 2022 and 2031

    Figure 31: Europe Process Spectroscopy Market Size & Forecast, by Application, Value (US$ Bn), 2017‒2031

    Figure 32: Europe Process Spectroscopy Market Attractiveness, by Application, Value (US$ Bn), 2022‒2031

    Figure 33: Europe Process Spectroscopy Market Share Analysis, by Application, 2022 and 2031

    Figure 34: Europe Process Spectroscopy Market Size & Forecast, by End-use Industry, Value (US$ Bn), 2017‒2031

    Figure 35: Europe Process Spectroscopy Market Attractiveness, by End-use Industry, Value (US$ Bn), 2022‒2031

    Figure 36: Europe Process Spectroscopy Market Share Analysis, by End-use Industry, 2022 and 2031

    Figure 37: Europe Process Spectroscopy Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017‒2031

    Figure 38: Europe Process Spectroscopy Market Attractiveness, by Country and Sub-region, Value (US$ Bn), 2022‒2031

    Figure 39: Europe Process Spectroscopy Market Share Analysis, by Country and Sub-region, 2022 and 2031

    Figure 40: Asia Pacific Process Spectroscopy Market, Value (US$ Bn), 2017‒2031

    Figure 41: Asia Pacific Process Spectroscopy Market Size & Forecast, by Technology, Value (US$ Bn), 2017‒2031

    Figure 42: Asia Pacific Process Spectroscopy Market Attractiveness, by Technology, Value (US$ Bn), 2022‒2031

    Figure 43: Asia Pacific Process Spectroscopy Market Share Analysis, by Technology, 2022 and 2031

    Figure 44: Asia Pacific Process Spectroscopy Market Size & Forecast, by Application, Value (US$ Bn), 2017‒2031

    Figure 45: Asia Pacific Process Spectroscopy Market Attractiveness, by Application, Value (US$ Bn), 2022‒2031

    Figure 46: Asia Pacific Process Spectroscopy Market Share Analysis, by Application, 2022 and 2031

    Figure 47: Asia Pacific Process Spectroscopy Market Size & Forecast, by End-use Industry, Value (US$ Bn), 2017‒2031

    Figure 48: Asia Pacific Process Spectroscopy Market Attractiveness, by End-use Industry, Value (US$ Bn), 2022‒2031

    Figure 49: Asia Pacific Process Spectroscopy Market Share Analysis, by End-use Industry, 2022 and 2031

    Figure 50: Asia Pacific Process Spectroscopy Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017‒2031

    Figure 51: Asia Pacific Process Spectroscopy Market Attractiveness, by Country and Sub-region, Value (US$ Bn), 2022‒2031

    Figure 52: Asia Pacific Process Spectroscopy Market Share Analysis, by Country and Sub-region, 2022 and 2031

    Figure 53: Middle East & Africa Process Spectroscopy Market, Value (US$ Bn), 2017‒2031

    Figure 54: Middle East & Africa Process Spectroscopy Market Size & Forecast, by Technology, Value (US$ Bn), 2017‒2031

    Figure 55: Middle East & Africa Process Spectroscopy Market Attractiveness, by Technology, Value (US$ Bn), 2022‒2031

    Figure 56: Middle East & Africa Process Spectroscopy Market Share Analysis, by Technology, 2022 and 2031

    Figure 57: Middle East & Africa Process Spectroscopy Market Size & Forecast, by Application, Value (US$ Bn), 2017‒2031

    Figure 58: Middle East & Africa Process Spectroscopy Market Attractiveness, by Application, Value (US$ Bn), 2022‒2031

    Figure 59: Middle East & Africa Process Spectroscopy Market Share Analysis, by Application, 2022 and 2031

    Figure 60: Middle East & Africa Process Spectroscopy Market Size & Forecast, by End-use Industry, Value (US$ Bn), 2017‒2031

    Figure 61: Middle East & Africa Process Spectroscopy Market Attractiveness, by End-use Industry, Value (US$ Bn), 2022‒2031

    Figure 62: Middle East & Africa Process Spectroscopy Market Share Analysis, by End-use Industry, 2022 and 2031

    Figure 63: Middle East & Africa Process Spectroscopy Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017‒2031

    Figure 64: Middle East & Africa Process Spectroscopy Market Attractiveness, by Country and Sub-region, Value (US$ Bn), 2022‒2031

    Figure 65: Middle East & Africa Process Spectroscopy Market Share Analysis, by Country and Sub-region, 2022 and 2031

    Figure 66: South America Process Spectroscopy Market, Value (US$ Bn), 2017‒2031

    Figure 67: South America Process Spectroscopy Market Size & Forecast, by Technology, Value (US$ Bn), 2017‒2031

    Figure 68: South America Process Spectroscopy Market Attractiveness, by Technology, Value (US$ Bn), 2022‒2031

    Figure 69: South America Process Spectroscopy Market Share Analysis, by Technology, 2022 and 2031

    Figure 70: South America Process Spectroscopy Market Size & Forecast, by Application, Value (US$ Bn), 2017‒2031

    Figure 71: South America Process Spectroscopy Market Attractiveness, by Application, Value (US$ Bn), 2022‒2031

    Figure 72: South America Process Spectroscopy Market Share Analysis, by Application, 2022 and 2031

    Figure 73: South America Process Spectroscopy Market Size & Forecast, by End-use Industry, Value (US$ Bn), 2017‒2031

    Figure 74: South America Process Spectroscopy Market Attractiveness, by End-use Industry, Value (US$ Bn), 2022‒2031

    Figure 75: South Amerca Process Spectroscopy Market Share Analysis, by End-use Industry, 2022 and 2031

    Figure 76: South America Process Spectroscopy Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017‒2031

    Figure 77: South America Process Spectroscopy Market Attractiveness, by Country and Sub-region, Value (US$ Bn), 2022‒2031

    Figure 78: South America Process Spectroscopy Market Share Analysis, by Country and Sub-region, 2022 and 2031

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