Dublin, Feb. 23, 2022 (GLOBE NEWSWIRE) -- The "Global Optical Emission Spectroscopy Market (2021-2026) by Offering Type, Farm Factor Type, Excitation Source Type, Detector Type, Vertical Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Optical Emission Spectroscopy Market is estimated to be USD 610.2 Mn in 2021 and is expected to reach USD 859.84 Mn by 2026, growing at a CAGR of 7.1%.
Market Dynamics
The Global Optical Emission Spectroscopy Market is driving advancements with increased functionalities. The stringent regulatory framework imposed by the government concerning safety and quality control is driving the market's growth. Additionally, increasing demand for optical emission spectroscopy from the metal and scrap recycling industry fuels the market's growth. On the other hand, the high initial investment cost with OES equipment restricts the development of the market.
Furthermore, growing third-party preference to outsource analytical requirements and increasing requirement of multielement analysis by various industries such as food & beverages, pharmaceuticals and life sciences, environmental, and scrap and recycling will create opportunities for the market to grow. Moreover, the lack of skilled professionals for handling OES equipment is a challenge in the market's growth.
The Global Optical Emission Spectroscopy Market is segmented based on Offering Type, Farm Factor Type, Excitation Source Type, Detector Type, Vertical Type, and Geography.
Company Profiles
Some of the companies covered in this report are Agilent Technologies, Inc, AMETEK, Inc, Analytik Jena AG, Bruker Corporation, Hitachi, Ltd, Horiba, Ltd, PerkinElmer, Inc, Shimadzu Corporation, Skyray Instrument, Inc, Thermo Fisher Scientific, 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 a 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.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Optical Emission 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 competitive positioning tool.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Influencers
4.1 Drivers
4.1.1 Growing Technological Advancement with Increased Functionalities
4.1.2 Stringent Regulatory Framework for Safety and Quality Control
4.1.3 Increasing Demand from Metal and Scrap Recycling Industry
4.2 Restraints
4.2.1 High Initial Investment with OES Equipment
4.3 Opportunities
4.3.1 Growing Third-Party Preference to Outsource Analytical Requirements
4.3.2 Increasing requirement for Multielement Analysis by Various Industries
4.4 Challenges
4.4.1 Lack of Skilled Profession for Equipment Handling
5 Market Analysis
5.1 Porter's Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis
6 Global Optical Emission Spectroscopy Market, By Offering Type
6.1 Introduction
6.2 Equipment
6.3 Services
7 Global Optical Emission Spectroscopy Market, By Farm Factor Type
7.1 Introduction
7.2 Benchtop
7.3 Portable
8 Global Optical Emission Spectroscopy Market, By Excitation Source Type
8.1 Introduction
8.2 Arc/Spark Optical Emission Spectroscopy
8.3 Inductively Coupled Plasma Optical Emission Spectroscopy
9 Global Optical Emission Spectroscopy Market, By Detector Type
9.1 Introduction
9.2 Hybrid
9.3 Photomultiplier Tube (PMT)
9.4 Solid-State Detector (SSD)
10 Global Optical Emission Spectroscopy Market, By Vertical Type
10.1 Introduction
10.2 Aerospace & Defence
10.3 Automotive
10.4 Chemicals
10.5 Environmental
10.6 Food & Beverages
10.7 Infrastructure
10.8 Metals and Heavy Machinery
10.9 Oil & Gas
10.10 Pharmaceuticals and Life Science
10.11 Power Generation
10.12 Scrap and Recycling
11 Global Optical Emission Spectroscopy Market, By Geography
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 Advanced Scientific Equipment Pvt Ltd
13.2 Agilent Technologies, Inc
13.3 AMETEK, Inc
13.4 Analytik Jena AG
13.5 ARUN Technology Limited
13.6 Beijing Beifen-Ruili Analytical Instrument (Group) Co Ltd
13.7 Bruker Corporation
13.8 Bureau Veritas
13.9 Element Materials Technology
13.10 Elvatech Ltd
13.11 Focused Photonics, Inc
13.12 GBC Scientific Equipment
13.13 G.N.R. s.r.l- Analytical Instruments Group
13.14 Hitachi, Ltd
13.15 Horiba, Ltd
13.16 Intertek Group plc
13.17 NORMALAB
13.18 Organfield Group
13.19 PerkinElmer, Inc
13.20 PG Instruments
13.21 SciMed Ltd
13.22 SGS SA
13.23 Shimadzu Corporation
13.24 Skyray Instrument, Inc
13.25 Teledyne Leeman Labs
13.26 Teif Sanj CHEMIA CO
13.27 Thermo Fisher Scientific
13.28 TUV RHEINLAND
13.29 TUV SUD
13.30 UAB Krantechna
14 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/ddleq1
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