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Global Portable Spectrometer Market (2022-2027) by Product Type, Applications, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 187 Pages
  • May 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5635955

For all testing such as environmental testing, food testing, forensic testing, chemical analysis, and others, portable spectrometry is the best tool available

The Global Portable Spectrometer Market is estimated to be USD 1.84 Bn in 2022 and is expected to reach USD 2.81 Bn by 2027, growing at a CAGR of 8.8%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Portable Spectrometer 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 Global Portable Spectrometer Market is segmented based on Product Type, Applications, and Geography.
  • By Product Type, the market is classified into Optical Spectrometer, Mass Spectrometer, and Others.
  • By Applications, the market is classified into Life Sciences, Chemistry, Food and Agriculture, and Others.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

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 Group, Bruker Corp., Hitachi High-Technologies Corp., Oxford Instruments PLC, PerkinElmer Inc., Texas Instruments Inc., Thermo Fisher Scientific Inc., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

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 Global Portable Spectrometer 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 Global Portable Spectrometer 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 Global Portable Spectrometer 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 the 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
Frequently Asked Questions about the Global Portable Spectrometer Market

What is the estimated value of the Global Portable Spectrometer Market?

The Global Portable Spectrometer Market was estimated to be valued at $1.84 Billion in 2022.

What is the growth rate of the Global Portable Spectrometer Market?

The growth rate of the Global Portable Spectrometer Market is 8.8%, with an estimated value of $2.81 Billion by 2027.

What is the forecasted size of the Global Portable Spectrometer Market?

The Global Portable Spectrometer Market is estimated to be worth $2.81 Billion by 2027.

Who are the key companies in the Global Portable Spectrometer Market?

Key companies in the Global Portable Spectrometer Market include ABB Group, Agilent Technologies Inc., AIBC International, Andor Technology Ltd., Anton Paar GmbH, ARCoptix SA, Bruker Corp., Hach DHR India Pvt. Ltd., Hitachi High and Technologies Corp..

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 Industrialization and Quality Control Requirements
4.1.2 Government Focus on Narcotics Detection and Homeland Security
4.1.3 Raising Awareness of Effective Environmental Protection
4.2 Restraints
4.2.1 High Instrumentation Cost
4.3 Opportunities
4.3.1 Increasing Adoption of DIA and DDA Data
4.3.2 Technological Advancement in Portable Spectrometry
4.4 Challenges
4.4.1 Technical Limitations
4.4.2 Availability of Substitutes
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 Global Portable Spectrometer Market, By Product Type
6.1 Introduction
6.2 Optical Spectrometer
6.3 Mass Spectrometer
6.4 Others
7 Global Portable Spectrometer Market, By Applications
7.1 Introduction
7.2 Life Sciences
7.3 Chemistry
7.4 Food and Agriculture
7.5 Others
8 Americas’ Portable Spectrometer Market
8.1 Introduction
8.2 Argentina
8.3 Brazil
8.4 Canada
8.5 Chile
8.6 Colombia
8.7 Mexico
8.8 Peru
8.9 United States
8.10 Rest of Americas
9 Europe’s Portable Spectrometer Market
9.1 Introduction
9.2 Austria
9.3 Belgium
9.4 Denmark
9.5 Finland
9.6 France
9.7 Germany
9.8 Italy
9.9 Netherlands
9.10 Norway
9.11 Poland
9.12 Russia
9.13 Spain
9.14 Sweden
9.15 Switzerland
9.16 United Kingdom
9.17 Rest of Europe
10 Middle East and Africa’s Portable Spectrometer Market
10.1 Introduction
10.2 Egypt
10.3 Israel
10.4 Qatar
10.5 Saudi Arabia
10.6 South Africa
10.7 United Arab Emirates
10.8 Rest of MEA
11 APAC’s Portable Spectrometer Market
11.1 Introduction
11.2 Australia
11.3 Bangladesh
11.4 China
11.5 India
11.6 Indonesia
11.7 Japan
11.8 Malaysia
11.9 Philippines
11.10 Singapore
11.11 South Korea
11.12 Sri Lanka
11.13 Thailand
11.14 Taiwan
11.15 Rest of Asia-Pacific
12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements
13 Company Profiles
13.1 ABB Group
13.2 Agilent Technologies Inc.
13.3 AIBC International
13.4 Andor Technology Ltd.
13.5 Anton Paar GmbH
13.6 ARCoptix SA
13.7 Bruker Corp.
13.8 Hach DHR India Pvt. Ltd.
13.9 Hitachi High-Technologies Corp.
13.10 JASCO, Inc.
13.11 Metrohm AG
13.12 MKS Instruments, Inc.
13.13 Newport Corp.
13.14 Oxford Instruments PLC
13.15 PerkinElmer Inc.
13.16 Pfeiffer Vacuum Technology AG
13.17 Presto Stantest
13.18 Renishaw PLC
13.19 Shenzhen ThreeNH Technology Co. Ltd.
13.20 Spectral Evolution
13.21 Texas Instruments Inc.
13.22 Thermo Fisher Scientific Inc.
13.23 X-Rite, Inc.
14 Appendix
14.1 Questionnaire

Companies Mentioned

  • ABB Group
  • Agilent Technologies Inc.
  • AIBC International
  • Andor Technology Ltd.
  • Anton Paar GmbH
  • ARCoptix SA
  • Bruker Corp.
  • Hach DHR India Pvt. Ltd.
  • Hitachi High-Technologies Corp.
  • JASCO, Inc.
  • Metrohm AG
  • MKS Instruments, Inc.
  • Newport Corp.
  • Oxford Instruments PLC
  • PerkinElmer Inc.
  • Pfeiffer Vacuum Technology AG
  • Presto Stantest
  • Renishaw PLC
  • Shenzhen ThreeNH Technology Co. Ltd.
  • Spectral Evolution
  • Texas Instruments Inc.
  • Thermo Fisher Scientific Inc.
  • X-Rite, Inc.