The North America Process Spectroscopy Market would witness market growth of 6.3% CAGR during the forecast period (2022-2028).
Process spectroscopy is increasingly being used in the pharmaceutical sector for processes such as vital data collecting for numerous compounds' characteristics. As a result, the growing number of studies in the pharmaceutical industry focused on the microscopic analysis of chemicals shows the significant commercial potential in the process spectroscopy market. Furthermore, a growth in pharmaceutical businesses' willingness to adopt various technologically advanced equipment is likely to drive need for players in the process spectroscopy market.
Raman spectroscopy has seen significant technological advancements, including the capacity to determine a compound's purity and the ability to derive a comprehensive fingerprinting from the Raman spectrum. Moreover, the emergence of cloud-based spectroscopy opens up a wide range of possibilities for use by many end-use sectors.
Enhanced process control in oils and extraction plants necessitates the build-up of a reliable on-line technique to monitor process streams. In a pilot plant setting, the applicability of diffuse reflectance near-infrared (NIR) spectroscopy for this objective was investigated. An on-line fiber-optic probe was used to monitor the spectra of a feed slurry running by a pipe. The ore kind and slurry water content were modified for a nine-hour period in which data was collected.
Additionally, there are many companies across this region which are investing in the development of various products and techniques for assisting researchers. Along with that, governments in the developed nations of the region are increasingly expenditure in the R&D activities for the improvements in the medical sector. This would spur the demand and growth of the regional process spectroscopy market during the forecast period.
The US market dominated the North America Others Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $717.3 million by 2028. The Canada market would witness a CAGR of 9.6% during (2022 - 2028). Additionally, The Mexico market is anticipated to a CAGR of 8.7% during (2022 - 2028).
Based on Technology, the market is segmented into Molecular (Near Infrared (NIR), Raman, Nuclear Magnetic Resonance (NMR), Fourier-Transform Infrared (FT-IR), and Others), Mass, and Atomic. Based on Component, the market is segmented into Hardware and Software. Based on Application, the market is segmented into Pharmaceutical, Food & Agriculture, Polymer, Chemical, Water & Wastewater, Pulp & Paper, Metal & Mining, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Process Spectroscopy Market Size will Hit $26.9 Billion by 2028, at a CAGR of 7.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thermo Fisher Scientific, Inc., ABB Group, Bruker Corporation, Horiba Ltd., Agilent Technologies, Inc., Danaher Corporation, Shimadzu Corporation, Yokogawa Electric Corporation, Sartorius AG and BUCHI Labortechnik AG.
Scope of the Study
Market Segments Covered in the Report:
By Technology
By Component
By Application
- Pharmaceutical
- Food & Agriculture
- Polymer
- Chemical
- Water & Wastewater
- Pulp & Paper
- Metal & Mining
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Thermo Fisher Scientific, Inc.
- ABB Group
- Bruker Corporation
- Horiba Ltd.
- Agilent Technologies, Inc.
- Danaher Corporation
- Shimadzu Corporation
- Yokogawa Electric Corporation
- Sartorius AG
- BUCHI Labortechnik AG.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Process Spectroscopy Market, by Technology
1.4.2 North America Process Spectroscopy Market, by Component
1.4.3 North America Process Spectroscopy Market, by Application
1.4.4 North America Process Spectroscopy Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Sep – 2022, Jun) Leading Players
Chapter 4. North America Process Spectroscopy Market by Technology
4.1 North America Molecular Market by Country
4.2 North America Process Spectroscopy Market by Molecular Type
4.2.1 North America Near Infrared (NIR) Market by Country
4.2.2 North America Raman Market by Country
4.2.3 North America Nuclear Magnetic Resonance (NMR) Market by Country
4.2.4 North America Fourier-Transform Infrared (FT-IR) Market by Country
4.2.5 North America Others Market by Country
4.3 North America Mass Market by Country
4.4 North America Atomic Market by Country
Chapter 5. North America Process Spectroscopy Market by Component
5.1 North America Hardware Market by Country
5.2 North America Software Market by Country
Chapter 6. North America Process Spectroscopy Market by Application
6.1 North America Pharmaceutical Market by Country
6.2 North America Food & Agriculture Market by Country
6.3 North America Polymer Market by Country
6.4 North America Chemical Market by Country
6.5 North America Water & Wastewater Market by Country
6.6 North America Pulp & Paper Market by Country
6.7 North America Metal & Mining Market by Country
6.8 North America Others Market by Country
Chapter 7. North America Process Spectroscopy Market by Country
7.1 US Process Spectroscopy Market
7.1.1 US Process Spectroscopy Market by Technology
7.1.1.1 US Process Spectroscopy Market by Molecular Type
7.1.2 US Process Spectroscopy Market by Component
7.1.3 US Process Spectroscopy Market by Application
7.2 Canada Process Spectroscopy Market
7.2.1 Canada Process Spectroscopy Market by Technology
7.2.1.1 Canada Process Spectroscopy Market by Molecular Type
7.2.2 Canada Process Spectroscopy Market by Component
7.2.3 Canada Process Spectroscopy Market by Application
7.3 Mexico Process Spectroscopy Market
7.3.1 Mexico Process Spectroscopy Market by Technology
7.3.1.1 Mexico Process Spectroscopy Market by Molecular Type
7.3.2 Mexico Process Spectroscopy Market by Component
7.3.3 Mexico Process Spectroscopy Market by Application
7.4 Rest of North America Process Spectroscopy Market
7.4.1 Rest of North America Process Spectroscopy Market by Technology
7.4.1.1 Rest of North America Process Spectroscopy Market by Molecular Type
7.4.2 Rest of North America Process Spectroscopy Market by Component
7.4.3 Rest of North America Process Spectroscopy Market by Application
Chapter 8. Company Profiles
8.1 Thermo Fisher Scientific, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 ABB Group
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Bruker Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.4 Horiba Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.5.3 Acquisition and Mergers:
8.4.5.4 Geographical Expansions:
8.5 Agilent Technologies, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Geographical Expansions:
8.6 Danaher Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.7 Shimadzu Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.8 Yokogawa Electric Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.9 Sartorius AG
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.10. BUCHI Labortechnik AG
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product Launches and Product Expansions:
TABLE 1 North America Process Spectroscopy Market, 2018 - 2021, USD Million
TABLE 2 North America Process Spectroscopy Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Process Spectroscopy Market
TABLE 4 Product Launches And Product Expansions– Process Spectroscopy Market
TABLE 5 Acquisition and Mergers– Process Spectroscopy Market
TABLE 6 geographical expansions– Process Spectroscopy Market
TABLE 7 North America Process Spectroscopy Market by Technology, 2018 - 2021, USD Million
TABLE 8 North America Process Spectroscopy Market by Technology, 2022 - 2028, USD Million
TABLE 9 North America Molecular Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Molecular Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Process Spectroscopy Market by Molecular Type, 2018 - 2021, USD Million
TABLE 12 North America Process Spectroscopy Market by Molecular Type, 2022 - 2028, USD Million
TABLE 13 North America Near Infrared (NIR) Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Near Infrared (NIR) Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Raman Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Raman Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Nuclear Magnetic Resonance (NMR) Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Nuclear Magnetic Resonance (NMR) Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Fourier-Transform Infrared (FT-IR) Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Fourier-Transform Infrared (FT-IR) Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Mass Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Mass Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Atomic Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Atomic Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Process Spectroscopy Market by Component, 2018 - 2021, USD Million
TABLE 28 North America Process Spectroscopy Market by Component, 2022 - 2028, USD Million
TABLE 29 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Process Spectroscopy Market by Application, 2018 - 2021, USD Million
TABLE 34 North America Process Spectroscopy Market by Application, 2022 - 2028, USD Million
TABLE 35 North America Pharmaceutical Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Pharmaceutical Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Food & Agriculture Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Food & Agriculture Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Polymer Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Polymer Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Chemical Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Chemical Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Water & Wastewater Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Water & Wastewater Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Pulp & Paper Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Pulp & Paper Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Metal & Mining Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Metal & Mining Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 51 North America Process Spectroscopy Market by Country, 2018 - 2021, USD Million
TABLE 52 North America Process Spectroscopy Market by Country, 2022 - 2028, USD Million
TABLE 53 US Process Spectroscopy Market, 2018 - 2021, USD Million
TABLE 54 US Process Spectroscopy Market, 2022 - 2028, USD Million
TABLE 55 US Process Spectroscopy Market by Technology, 2018 - 2021, USD Million
TABLE 56 US Process Spectroscopy Market by Technology, 2022 - 2028, USD Million
TABLE 57 US Process Spectroscopy Market by Molecular Type, 2018 - 2021, USD Million
TABLE 58 US Process Spectroscopy Market by Molecular Type, 2022 - 2028, USD Million
TABLE 59 US Process Spectroscopy Market by Component, 2018 - 2021, USD Million
TABLE 60 US Process Spectroscopy Market by Component, 2022 - 2028, USD Million
TABLE 61 US Process Spectroscopy Market by Application, 2018 - 2021, USD Million
TABLE 62 US Process Spectroscopy Market by Application, 2022 - 2028, USD Million
TABLE 63 Canada Process Spectroscopy Market, 2018 - 2021, USD Million
TABLE 64 Canada Process Spectroscopy Market, 2022 - 2028, USD Million
TABLE 65 Canada Process Spectroscopy Market by Technology, 2018 - 2021, USD Million
TABLE 66 Canada Process Spectroscopy Market by Technology, 2022 - 2028, USD Million
TABLE 67 Canada Process Spectroscopy Market by Molecular Type, 2018 - 2021, USD Million
TABLE 68 Canada Process Spectroscopy Market by Molecular Type, 2022 - 2028, USD Million
TABLE 69 Canada Process Spectroscopy Market by Component, 2018 - 2021, USD Million
TABLE 70 Canada Process Spectroscopy Market by Component, 2022 - 2028, USD Million
TABLE 71 Canada Process Spectroscopy Market by Application, 2018 - 2021, USD Million
TABLE 72 Canada Process Spectroscopy Market by Application, 2022 - 2028, USD Million
TABLE 73 Mexico Process Spectroscopy Market, 2018 - 2021, USD Million
TABLE 74 Mexico Process Spectroscopy Market, 2022 - 2028, USD Million
TABLE 75 Mexico Process Spectroscopy Market by Technology, 2018 - 2021, USD Million
TABLE 76 Mexico Process Spectroscopy Market by Technology, 2022 - 2028, USD Million
TABLE 77 Mexico Process Spectroscopy Market by Molecular Type, 2018 - 2021, USD Million
TABLE 78 Mexico Process Spectroscopy Market by Molecular Type, 2022 - 2028, USD Million
TABLE 79 Mexico Process Spectroscopy Market by Component, 2018 - 2021, USD Million
TABLE 80 Mexico Process Spectroscopy Market by Component, 2022 - 2028, USD Million
TABLE 81 Mexico Process Spectroscopy Market by Application, 2018 - 2021, USD Million
TABLE 82 Mexico Process Spectroscopy Market by Application, 2022 - 2028, USD Million
TABLE 83 Rest of North America Process Spectroscopy Market, 2018 - 2021, USD Million
TABLE 84 Rest of North America Process Spectroscopy Market, 2022 - 2028, USD Million
TABLE 85 Rest of North America Process Spectroscopy Market by Technology, 2018 - 2021, USD Million
TABLE 86 Rest of North America Process Spectroscopy Market by Technology, 2022 - 2028, USD Million
TABLE 87 Rest of North America Process Spectroscopy Market by Molecular Type, 2018 - 2021, USD Million
TABLE 88 Rest of North America Process Spectroscopy Market by Molecular Type, 2022 - 2028, USD Million
TABLE 89 Rest of North America Process Spectroscopy Market by Component, 2018 - 2021, USD Million
TABLE 90 Rest of North America Process Spectroscopy Market by Component, 2022 - 2028, USD Million
TABLE 91 Rest of North America Process Spectroscopy Market by Application, 2018 - 2021, USD Million
TABLE 92 Rest of North America Process Spectroscopy Market by Application, 2022 - 2028, USD Million
TABLE 93 Key Information – Thermo Fisher Scientific, Inc.
TABLE 94 Key Information – ABB Group
TABLE 95 Key Information – Bruker Corporation
TABLE 96 key Information – Horiba Ltd.
TABLE 97 key Information – Agilent Technologies, Inc.
TABLE 98 Key Information – Danaher Corporation
TABLE 99 Key Information – Shimadzu Corporation
TABLE 100 Key Information – Yokogawa Electric Corporation
TABLE 101 KEY INFORMATION – SARTORIUS AG
TABLE 102 key information – BUCHI LABORTECHNIK AG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, sep – 2022, Jun) Leading Players
FIG 5 Recent strategies and developments: Thermo Fisher Scientific, Inc.
FIG 6 Swot analysis: Thermo Fisher Scientific, Inc.
FIG 7 SWOT Analysis: ABB Group
FIG 8 Recent strategies and developments: Bruker Corporation
FIG 9 Recent strategies and developments: Horiba Ltd.
FIG 10 Recent strategies and developments: Agilent Technologies, Inc.