Global Optical Emission Spectroscopy Market: Key Highlights
Global Optical Emission Spectroscopy Market: Key Market Dynamics
Global Optical Emission Spectroscopy Market: Regional Overview
Asia-pacific is expected to hold the largest market share for the optical emission spectroscopy market as the technology is accepted vastly in the Asia-Pacific region. Increasing infrastructural developments and continuous developments in defense, consumer electronics, and automotive industry helps to grow the optical emission spectroscopy market in the Asia-Pacific region. Japan is expected to dominate the market in the Asia-Pacific region due to the presence of global players such as Hitachi High-Tech Analytical Science and Shimadzu Corporation, and HORIBA.
Hence, such high penetration of the Optical Emission Spectroscopy in the region may boost the growth of the market in the Asia-Pacific region.
North America is expected to grow at the highest CAGR during the upcoming years due to increasing demand from healthcare, food & beverages, and defense industry and the presence of global players such as Thermo Fisher Scientific Inc., Bruker, Agilent Technologies Inc., and PerkinElmer, Inc. among others.
Early adoption of new technologies and changing technological requirements is expected to fuel the growth in the OES market in North America.
Global Optical Emission Spectroscopy Market: Key Players Overview
HORIBA engages in the manufacturing and selling of automotive emission measurement systems, a wide range of scientific analyzers, environmental measuring instruments, medical, diagnostic analyzers, and measuring equipment used in the semiconductor industry. The company provides various ICP-OES and GD-OES machines for quick and reliable results. In 2016, the company launched Neo, a software to facilitate method development, sample measurements and results management.
Shimadzu Corporation engages in the provision of providing analytical instruments, testing and measuring instruments, medical systems, industrial machinery & equipment, and aircraft equipment. In OES, the company provides PDA-8000, PDA-7000, and PDA-MF Series to enhance the measurement reproducibility and rapid elemental analysis of solid metal samples. The company recently focuses on both organic and inorganic growth strategies in terms of new product developments and mergers & acquisitions.
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