Optical Emission Spectroscopy Market by Type (Sequential, Simultaneous), by Technique (ICP-OES, Arc Spark-OES,), by End User Industry (Automotive, Manufacturing) by Region (Asia Pacific, Europe, Middle East and Africa, South America, North America) – Global Forecast 2019 to 2027

Optical Emission Spectroscopy Market Size, Share, Trends, Growth, Analysis, Research

Optical Emission Spectroscopy Market: Summary

The Global Optical Emission Spectroscopy Market is estimated to reach USD 929.1 Million by 2027 at a CAGR of 6.3%, observes forencis research (FSR).

Optical emission spectroscopy (OES) is a type of an analytical technique that is used to set up an elemental composition for a wide range of metals. In other words, OES is the measurement of the light emitted by the ions and atoms when de-excitation is made. OES consists of the electromagnetic spectrum which consists of the visible spectrum and ultraviolet spectrum which ranges from 130nm to 800nm. Optical emission spectroscopy can analyze a wide range of elements that range from Uranium to Lithium metals to provide very high accuracy, low detection limits, and high precision.

Optical Emission Spectroscopy Market

 

Optical Emission Spectroscopy Market: Drivers & Restraints

Market Drivers:

  • Growing demand for Advanced Laboratory Equipment

The technology is improving and changing day by day and many laboratories continue to use the same equipment for many years. But if the equipment has become obsolete, there are many advantages to upgrading instead of repairing and continuing to work at a slower speed, less accuracy, and low efficiency. Hence in recent years, the number of industries is focusing on buying or upgrading advanced laboratory equipment for better laboratory integration, faster sample turnaround time and lower maintenance cost. The advanced OES equipment can handle the number of metal samples, with greater accuracy rate, faster speed, and lower production cost and hence it is expected to drive the market during the forecast period.

Market Restraints:

  • Initial Investment Cost

Due to the wide range of applications, high accuracy, and many other advancing factors, OES equipment is very costlier as compared with other testing equipment. Hence, small and medium scale industries are not able to invest that much money into buying OES equipment. Hence, they face many maintenance problems, money problems, and production cycle problems which expected to restrain the market during the forecast period.

Optical Emission Spectroscopy Market: Key Segments

  • Segmentation based on type: Sequential Type and Simultaneous Type
  • Segmentation based on detection system: Photomultiplier Tube and Solid-State Detectors
  • Segmentation based on technique: ICP-OES, Arc Spark-OES, and GD-OES
  • Segmentation based on end user industry: Automotive, Manufacturing, Oil & Gas, Aerospace & Defense, Healthcare, Energy & Power, Food & Beverages, and Others
  • Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

Optical Emission Spectroscopy Market: Report Scope

The report on the optical emission spectroscopy market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2018-2027

Base Year for Market Calculation

2019

Forecasted Period

2020-2027 (2020 estimated year, forecasted up to 2027)

Measured Units

Value (USD Billion)

Segments Included

Type, Detection System, Technique, End User Industry, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East and Africa, South America

Key Companies Covered

  • Thermo Fisher Scientific Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • HORIBA
  • SPECTRO Analytical Instruments GmbH
  • Bruker
  • Hitachi High-Tech Analytical Science
  • Shimadzu Corporation
  • Agilent Technologies, Inc.
  • Skyray Instrument Inc.
  • SGS MSi
  • PerkinElmer Inc.
  • Other key companies

Optical emission spectroscopy market: report segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Optical Emission Spectroscopy Market, by Type

  • Sequential Type
  • Simultaneous Type

Optical Emission Spectroscopy Market, by Detection System

  • Photomultiplier Tube
  • Solid-State Detectors

Optical Emission Spectroscopy Market, by Technique

  • Inductively Coupled Plasma Optical Emission Spectroscopy (ICP-OES)
  • Arc Spark Optical Emission Spectroscopy (Arc Spark-OES)
  • Glow Discharge Optical Emission Spectrometry (GD-OES)

Optical Emission Spectroscopy Market, by End User Industry

  • Automotive
  • Manufacturing
  • Oil & Gas
  • Aerospace & Defense
  • Healthcare
  • Energy & Power
  • Food & Beverages
  • Others 

Optical Emission Spectroscopy Market, by Region

  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions answered by the report

  • What are the major developments impacting the market worldwide and its growth?
  • What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Who are the key global players operating in the market?
  • How are the major players leveraging in the existing global market conditions?

Report Audience

  • Optical Emission Spectroscopy Market Providers
  • Optical Emission Spectroscopy Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Optical Emission Spectroscopy Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE OPTICAL EMISSION SPECTROSCOPY MARKET STUDY

1      INTRODUCTION

1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations

2      RESEARCH DESIGN & SCOPE

2.1       Introduction

2.2       Primary Research

                                  2.2.1    Key Industry Expert Insight

2.3       Secondary Research

                                  2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation

3      EXECUTIVE SUMMARY

4      MARKET DYNAMICS

4.1       Introduction

4.2       Drivers

                                 4.2.1.    Enforcement of Government Safety regulations and Quality Control Mandate

                                 4.2.2.    Technological Enhancements with Customer Requirements

                                 4.2.3.    Growing Demand for Advanced Laboratory Equipment

4.3       Restraints

                                 4.3.1.    Initial Installation Cost

4.4       Opportunities

                                 4.4.1.    Increasing Scrap and Recycling Market

4.5       Challenges

                                 4.5.1.    Lack of Technical Expertise

5      INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1       Introduction

                                 5.1.1.    Power of Buyers

                                 5.1.2.    Power of Suppliers

                                 5.1.3.    Intensity of Competition

                                 5.1.4.    Challenges of Substitutes

                                 5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators

6      GLOBAL OPTICAL EMISSION SPECTROSCOPY MARKET BY TYPE, Market Size in USD Million (2019—2027)

6.1       Introduction

6.2       Sequential Type

6.3       Simultaneous Type

7      GLOBAL OPTICAL EMISSION SPECTROSCOPY MARKET BY DETECTION SYSTEM, Market Size in USD Million (2019—2027)

7.1       Introduction

7.2       Photomultiplier Tube

7.3       Solid-State Detectors

8      GLOBAL OPTICAL EMISSION SPECTROSCOPY MARKET BY TECHNIQUE, Market Size in USD Million (2019—2027)

8.1       Introduction

8.2       Inductively Coupled Plasma Optical Emission Spectroscopy (ICP-OES)

8.3       Arc Spark Optical Emission Spectroscopy (Arc Spark-OES)

8.4       Glow Discharge Optical Emission Spectrometry (GD-OES)

9      GLOBAL OPTICAL EMISSION SPECTROSCOPY MARKET BY END USER INDUSTRY, Market Size in USD Million (2019—2027)

9.1       Introduction

9.2       Automotive

9.3       Manufacturing

9.4       Oil & Gas

9.5       Aerospace & Defense

9.6       Healthcare

9.7       Energy & Power

9.8       Food & Beverages

9.9       Others

10   GLOBAL OPTICAL EMISSION SPECTROSCOPY MARKET BY REGION, Market Size in USD Million (2019—2027)

10.1     North America

                                10.1.1    US

                                10.1.2    Canada

                                10.1.3    Mexico

10.2     Europe

                                10.2.1    Germany

                                10.2.2    France

                                10.2.3    Italy

                                10.2.4    UK

                                10.2.5    Russia

                                10.2.6    Rest of Europe

10.3     Asia-Pacific

                                10.3.1    China

                                10.3.2    India

                                10.3.3    Japan

                                10.3.4    South Korea

                                10.3.5    Taiwan

                                10.3.6    Rest of Asia-Pacific

10.4     Middle East and Africa

                                10.4.1    Saudi Arabia

                                10.4.2    UAE

                                10.4.3    Rest of Middle East and Africa

10.5     South America

                                10.5.1    Brazil

                                10.5.2    Argentina

                                10.5.3    Rest of South America

11   COMPETITIVE LANDSCAPE

11.1     Introduction

11.2     Market Ranking/Share Analysis of Key Companies

11.3     Company Benchmarking

12   COMPANY PROFILES

12.1     Thermo Fisher Scientific Inc.

                                12.1.1    Company Overview

                                12.1.2    Financial Overview

                                12.1.3    Products/Solutions/Services Offered

                                12.1.4    Key Developments

                                12.1.5    SWOT Analysis

12.2     HORIBA

12.3     SPECTRO Analytical Instruments GmbH

12.4      Bruker

12.5     Hitachi High-Tech Analytical Science

12.6     Shimadzu Corporation

12.7     Agilent Technologies, Inc.

12.8     Skyray Instrument Inc.

12.9     SGS MSi

12.10  PerkinElmer Inc.

12.11  Other Key Companies

13   APPENDIX

13.1     Key Industry Expert Insights

13.2     Primary Discussion Guide

13.3   Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

 

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : SC 037

Published : February, 2020


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