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US IR Spectroscopy Market (2022-2027) by Technology, Product Type, End-User Industry, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 179 Pages
  • March 2022
  • Infogence Global Research
  • ID: 5585772
The US IR Spectroscopy Market is estimated to be USD 222.84 Mn in 2022 and is projected to reach USD 271.9 Mn by 2027, growing at a CAGR of 4.06%.

Market dynamics are forces that impact the prices and behaviors of the US IR Spectroscopy Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US IR Spectroscopy Market is segmented based on Technology, Product Type, End-User Industry.
  • By Technology, the market is classified into Near-Infrared Spectroscopy, Mid-Infrared Spectroscopy, and Far-Infrared.
  • By Product Type, the market is classified into Benchtop Spectroscopes, Micro Spectroscopes, Portable Spectroscopes, and Hyphenated Spectroscopes.
  • By End-User Industry, the market is classified into Healthcare & Pharmaceuticals, Chemicals, Food & Beverages, Environmental, Biological Research, and Consumer Electronics.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are ABB. Ltd, Alligent Technologies, Bayspec Inc, Bristol-Instruments Inc, Bruker Corp, Carl Zeiss AG, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US IR Spectroscopy Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US IR Spectroscopy Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US IR Spectroscopy Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increase in R&D Investments in Healthcare & Pharmaceuticals Industry
4.1.2 Continuous Technological Advancements in IR Spectroscopy
4.2 Restraints
4.2.1 Technical Limitations of IR Spectroscopy
4.2.2 Availability of Used IR Spectroscopy Devices
4.3 Opportunities
4.3.1 Adoption of NIR Spectroscopy in Seed Quality Detection
4.3.2 Growing Product Development for Biological Research
4.4 Challenges
4.4.1 High Cost of IR Spectroscopy Products
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US IR Spectroscopy Market, By Technology
6.1 Introduction
6.2 Near-Infrared Spectroscopy
6.3 Mid-Infrared Spectroscopy
6.4 Far-Infrared
7 US IR Spectroscopy Market, By Product Type
7.1 Introduction
7.2 Benchtop Spectroscopes
7.3 Micro Spectroscopes
7.4 Portable Spectroscopes
7.5 Hyphenated Spectroscopes
8 US IR Spectroscopy Market, By End-User Industry
8.1 Introduction
8.2 Healthcare & Pharmaceuticals
8.3 Chemicals
8.4 Food & Beverages
8.5 Environmental
8.6 Biological Research
8.7 Consumer Electronics
9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements
10 Company Profiles
10.1 ABB. Ltd
10.2 Alligent Technologies
10.3 Bayspec Inc
10.4 Bristol-Instruments Inc
10.5 Bruker Corp
10.6 Carl Zeiss AG
10.7 FOSS
10.8 Hitachi-High-Technologies Corp
10.9 Horiba Ltd
10.10 Jasco Inc
10.11 Microptik Bv
10.12 PerkinElmer Inc
10.13 Sartorius AG
10.14 Shimabzu Corp
10.15 Teledyne-Princeton Instruments
10.16 Thermo-Fisher Scientific
10.17 Wasatch Photonics
11 Appendix
11.1 Questionnaire

Companies Mentioned

  • ABB. Ltd
  • Alligent Technologies
  • Bayspec Inc
  • Bristol-Instruments Inc
  • Bruker Corp
  • Carl Zeiss AG
  • FOSS
  • Hitachi-High-Technologies Corp
  • Horiba Ltd
  • Jasco Inc
  • Microptik Bv
  • PerkinElmer Inc
  • Sartorius AG
  • Shimabzu Corp
  • Teledyne-Princeton Instruments
  • Thermo-Fisher Scientific
  • Wasatch Photonics