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The global benchtop spectrometer market is experiencing significant growth and is expected to grow considerably in the next few years. Benchtop spectrometers are portable scientific instruments designed for analyzing the composition and chemical properties of different types of matter. A spectrometer divides a matter's physical phenomena into its spectrum, which can then be studied and analyzed scientifically. On the basis of the objective of study, different types of benchtop spectrometers can be used, such as for studying the optical characteristics of a matter; an optical spectrometer is used for measuring the mass-to-charge ratio of ions; mass spectrometers are used; and a Nuclear Magnetic
Resonance (NMR) spectrometer analyses the nuclei in a magnetic field. Furthermore, benchtop spectrometers are used in laboratories and in industries that perform research on matter to innovate their products. For example, industries such as agriculture & food industry, medical & pharmaceutical industry, mining industry, and others heavily rely on research works. Furthermore, the mobility feature, which enables the benchtop spectrometers to be taken to any remote area, is the major factor driving the demand for benchtop spectrometer, especially in the mining industry. In addition, benchtop spectrometers are less expansive and easy to handle, and major players in the benchtop spectrometer industry adopt advanced technologies to increase the efficiency of their products to sustain the competition in the benchtop spectrometer market.
Market Scope and Structure Analysis
Description
Benchtop spectrometers are portable scientific instruments that are very compact and light in weight. This equipment is fairly advanced and includes onboard acquisition and processing software and good connectivity. They are capable of data retrieval, printing, and Internet access. Furthermore, benchtop spectrometers are easy to use and operators do not require special safety or power requirements. In addition, it is easy to install, use, and maintain. This makes them great for the lab, the field, or the classroom.
COVID-19 Impact analysis
Top Impacting Factors
Increase in government funding and grants for innovation and development of new technology in many countries, including the U.S., China, and Japan, is causing a growth in the research domain, which is increasing demand for benchtop spectrometers. Furthermore, the high mobility and low cost of benchtop spectrometers increase their demand in mining, construction, and other industries over traditional static spectrometers. In research-oriented industries such as nuclear energy sector, electronics & communication sector, agriculture and food sector and others is anticipated to boost the demand in benchtop spectrometer market. . However, many under-developed countries restrain themselves from research due to its high capital requirement. Hence, this factor is responsible for hindering the growth of benchtop spectrometer market. Contrarily, technological developments in benchtop spectroscopy, such as in optics, detection, and computing technology, along with others boost the efficiency of the equipment. This is anticipated to create lucrative opportunities for the growth of the benchtop spectrometer market during the forecast period.
Market Trends
Key Benefits of the Report
Benchtop Spectrometer Market Report Highlights
Aspects | Details |
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By Product Type |
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By End-user Industry |
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By Application Type |
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Key Market Players | Agilent Technologies, GRIMM Technologies, VISION Engineering, PerkinElmer, TSI Inc., Thermo Scientific, Bruker, Shimadzu Corporation, Ocean Optics, HORIBA |
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