Global Laser induced Plasma Spectrometers Market by Type (Handheld, Desktop), By Application (Pharmaceutical, Industrial, Environmental Testing, Biotechnology, Food & Beverage, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Laser-Induced Plasma Spectrometers Market size is projected to grow from USD 1,975.2 million in 2020 to USD 2,867.6 million by 2028 at a CAGR of 10.5% during the forecast period (2020-2028). The growing demand for cost-effective and accurate testing solutions coupled with increasing research & development activities are expected to drive the growth of this market over the coming years.
Laser-induced Plasma Spectrometers are the equipment that is used for the measurement of gas productively. It includes handheld and desktop-type spectroscopes that emit a beam of light on the sample, then measures how much energy is reflected back. This helps to find out if any particles are present in the air or not. Different types available in this category include Optical Spectrophotometer (OS), Atomic Absorption Spectrophotometers (AAS) among others.
On the basis of Type, the market is segmented into Handheld and Desktop.
Handheld Laser-Induced Plasma Spectrometers:
Handheld Laser-induced plasma spectrometer refers to a type of device that is designed for use in the field. They are used by laboratory, industrial and environmental testing specialists onsite during sampling or monitoring activities. These devices come with two types: integrated laser-based LIPSS measuring instruments which provide near real-time analysis; and handheld LIPSS which measure both NIR solutions such as pharmaceuticals, food & beverage samples as well as liquid matrixes like soil or water.
Desktop Laser-Induced Plasma Spectrometers:
Desktop LIPSS is a stationary and laboratory-based instrument. They provide a range of applications, such as pharmaceutical analysis which allows for rapid identification of drugs to detect counterfeits or illegal substances; environmental testing involving air monitoring with the ability to measure volatile organic compounds (VOCs) at low concentrations in an area that exceeds the capabilities of handheld devices; food & beverage analyses including antibiotic residues detection.
On the basis of Application, the market is segmented into Pharmaceutical, Industrial, Environmental Testing, and Biotechnology. The pharmaceutical segment accounted for the largest market share, followed by industrial. The pharmaceutical industry has witnessed exponential growth due to an increase in drug discovery research & development activities globally leading to increased demand for low cost and ultra-sensitive analysis techniques like laser-induced plasma spectroscopy methods that can be used across various stages life cycle ranging from initial screenings through regulatory approvals before reaching post-marketing surveillance phase.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is mainly driven by the US due to its significant presence in the pharmaceuticals, biotechnology, and healthcare sector. With an increase in R&D activities globally, North America may continue to dominate this market till 2028.
The Latin American region is projected to grow significantly during the forecast period owing to increasing investments from government bodies & private companies towards drug discovery research. The Asia Pacific is expected to account for the fastest regional growth during 2021-2028 on the back of rapid economic development and increased demand for drugs among the population coupled with the introduction of new technologies that enable these regions to be offshore manufacturing processes in China and India.
Up Market Research published a new report titled “Laser induced Plasma Spectrometers Market research report which is segmented by Types (Handheld, Desktop), By Applications (Pharmaceutical, Industrial, Environmental Testing, Biotechnology, Food & Beverage, Others), By Players/Companies Spectro, Shimadzu, Sentech, Hiden Analytical, Nu Instruments, Avantes, Labcompare, Optech Solutions, Beijing Huake Tiancheng, B&W Tek, Firestar Technologies, TSI”.
Report Scope
Report Attributes | Report Details |
Report Title | Laser induced Plasma Spectrometers Market Research Report |
By Type | Handheld, Desktop |
By Application | Pharmaceutical, Industrial, Environmental Testing, Biotechnology, Food & Beverage, Others |
By Companies | Spectro, Shimadzu, Sentech, Hiden Analytical, Nu Instruments, Avantes, Labcompare, Optech Solutions, Beijing Huake Tiancheng, B&W Tek, Firestar Technologies, TSI |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 212 |
Number of Tables & Figures | 149 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Laser induced Plasma Spectrometers Market Report Segments:
The market is segmented by Type Handheld, Desktop and By Application Pharmaceutical, Industrial, Environmental Testing, Biotechnology, Food & Beverage, Others.
Some of the companies that are profiled in this report are:
- Spectro
- Shimadzu
- Sentech
- Hiden Analytical
- Nu Instruments
- Avantes
- Labcompare
- Optech Solutions
- Beijing Huake Tiancheng
- B&W Tek
- Firestar Technologies
- TSI
Laser induced Plasma Spectrometers Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Laser induced Plasma Spectrometers Market
Overview of the regional outlook of the Laser induced Plasma Spectrometers Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Laser induced Plasma Spectrometers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Laser induced Plasma Spectrometers Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Handheld
2. Desktop
7. By Application:1. Pharmaceutical
2. Industrial
3. Environmental Testing
4. Biotechnology
5. Food & Beverage
6. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laser induced Plasma Spectrometers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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Reasons to Purchase the Laser induced Plasma Spectrometers Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser induced Plasma Spectrometers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Laser induced Plasma Spectrometers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser induced Plasma Spectrometers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Laser induced Plasma Spectrometers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Laser induced Plasma Spectrometers Market Size & Forecast, 2018-2028
4.5.1 Laser induced Plasma Spectrometers Market Size and Y-o-Y Growth
4.5.2 Laser induced Plasma Spectrometers Market Absolute $ Opportunity
Chapter 5 Global Laser induced Plasma Spectrometers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Laser induced Plasma Spectrometers Market Size Forecast by Type
5.2.1 Handheld
5.2.2 Desktop
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser induced Plasma Spectrometers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Laser induced Plasma Spectrometers Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Industrial
6.2.3 Environmental Testing
6.2.4 Biotechnology
6.2.5 Food & Beverage
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser induced Plasma Spectrometers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laser induced Plasma Spectrometers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Laser induced Plasma Spectrometers Analysis and Forecast
9.1 Introduction
9.2 North America Laser induced Plasma Spectrometers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Laser induced Plasma Spectrometers Market Size Forecast by Type
9.6.1 Handheld
9.6.2 Desktop
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Laser induced Plasma Spectrometers Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Industrial
9.10.3 Environmental Testing
9.10.4 Biotechnology
9.10.5 Food & Beverage
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Laser induced Plasma Spectrometers Analysis and Forecast
10.1 Introduction
10.2 Europe Laser induced Plasma Spectrometers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Laser induced Plasma Spectrometers Market Size Forecast by Type
10.6.1 Handheld
10.6.2 Desktop
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Laser induced Plasma Spectrometers Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Industrial
10.10.3 Environmental Testing
10.10.4 Biotechnology
10.10.5 Food & Beverage
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Laser induced Plasma Spectrometers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser induced Plasma Spectrometers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Laser induced Plasma Spectrometers Market Size Forecast by Type
11.6.1 Handheld
11.6.2 Desktop
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Laser induced Plasma Spectrometers Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Industrial
11.10.3 Environmental Testing
11.10.4 Biotechnology
11.10.5 Food & Beverage
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Laser induced Plasma Spectrometers Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser induced Plasma Spectrometers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Laser induced Plasma Spectrometers Market Size Forecast by Type
12.6.1 Handheld
12.6.2 Desktop
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Laser induced Plasma Spectrometers Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Industrial
12.10.3 Environmental Testing
12.10.4 Biotechnology
12.10.5 Food & Beverage
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Laser induced Plasma Spectrometers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser induced Plasma Spectrometers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Laser induced Plasma Spectrometers Market Size Forecast by Type
13.6.1 Handheld
13.6.2 Desktop
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Laser induced Plasma Spectrometers Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Industrial
13.10.3 Environmental Testing
13.10.4 Biotechnology
13.10.5 Food & Beverage
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laser induced Plasma Spectrometers Market: Competitive Dashboard
14.2 Global Laser induced Plasma Spectrometers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Spectro
14.3.2 Shimadzu
14.3.3 Sentech
14.3.4 Hiden Analytical
14.3.5 Nu Instruments
14.3.6 Avantes
14.3.7 Labcompare
14.3.8 Optech Solutions
14.3.9 Beijing Huake Tiancheng
14.3.10 B&W Tek
14.3.11 Firestar Technologies
14.3.12 TSI