Process Spectroscopy Market Expected to Reach USD 1,179.6 Million in 2019: Transparency Market Research

Increasing adoption of Raman spectroscopy in pharmaceutical and food and agriculture industry is expected to raise the market share of Raman spectroscopy in global market. Raman process spectroscopy held 17.1% share of the total process spectroscopy market in 2012.

The global market for process spectroscopy was dominated by leading players such as Thermo Fisher Scientific, Inc. Bruker Corporation, Buchi Labortechnik AG, and Andor technologies which collectively accounted for more than 40% share in 2012. Other important players in the market include Foss A/S, Danaher Corporation, Shimadzu Corporation, Yokogawa Electric Corporation, Sartorius AG, Kett Electric Laboratory, Horiba Limited and ABB Limited among others. The competitive rivalry among these companies is high and is expected to remain the same over forecast period.

The report studies the global process spectroscopy market, and provides estimates in terms of revenue (USD million) from 2012 to 2019. Market estimates are provided on the basis of technology, end-use industry and geography. The market has been segmented as follows:

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