Insights on Spectrometry Market and Applications of Spectroscopy
Published On : Jul 28, 2014
Spectrometry finds application in various fields, putting the global spectrometry market on the cusp of growth. Spectrometry refers to use of spectroscopes to analyze spectra. Spectroscopy is the study of light, as light can be broken down into its constituent colors. Analysis of these different colors helps to determine the properties of an object which is under scrutiny. Different colors of light in the spectrum represent different energy states. Spectroscopy also analyzes the interaction between radiation and matter. It is widely used in chemistry to examine the chemical composition of compounds.
Types of Spectroscopy
Several instruments are used to carry out a spectroscopic analysis. To perform the analysis, an energy/ion source and a device which measures changes in the energy sources is used. Spectroscopy can be of as many types of as there are energy sources.
Types of Spectroscopy
In mass spectrometry, a sample object is analyzed on the basis of dispersion of ions, when they react with the provided sample. In atomic spectrometry, energy absorption of the sample is used to analyze the characteristics of the sample. In astronomical spectroscopy, energy from space objects helps to examine its chemical composition, pressure, density, velocity, temperature, and other characteristics. In Raman spectrometry, scattering of light from the molecules helps to analyze the sample molecular structure and chemical composition.
Apart from the above widely-used spectroscopy types, other types of spectroscopy include x-ray spectroscopy, multiplex spectroscopy, infrared spectroscopy, gamma-ray spectroscopy, electron spectroscopy, and attenuated total reflectance spectroscopy.
Applications of Spectroscopy
The spectrometry market finds it applications in various fields. Some examples of the various application of spectrometry are aerial surveys, agricultural analysis, atmospheric change full range measurements, glacial change, full canopy analysis, mineral analysis, plant and tree species analysis, invasive weed identification, target recognition, soil analysis, satellite imagery data analysis, water body analysis, water column analysis, unique spectral signature analysis, etc. Researchers are everyday trying to find new ways to apply spectroscopy in various fields.
Global Spectrometry Market Insights
The global spectrometry industry is fueled by the increasing adoption of its application in different industries. Spectrometry finds it application in various industries such as chemical, defense, clinical, environment, healthcare, food and drinks, pharmaceuticals, etc.
Key Drivers and Restraining Factors
Growth in the individual application sector of spectrometry helps to boost the overall global spectrometry market. Mass spectrometry also helps to curb crime. A suspect, who recently handled gunpowder, cocaine, or other incriminating substance, can be detected using mass spectrometry. Due to rising criminal cases, there is huge growth potential of the mass spectrometry industry. Apart from these two market drivers, spectrometry also helps to control sedatives in the suspect’s body, which boosts the global spectrometry industry.
It can be expensive to perform spectroscopy analysis, hence, high cost restrict purchases restrain the spectrometry industry. Apart from this, the procedure of spectroscopy analysis is a time consuming technique which also constrains the growth of the market.
Segmentation of the Market
The global spectrometry market size is divided into three main sections which are molecular, mass, and atomic spectrometry. Technology-wise, the market is segmented into single quadrupole LC/MS, time-of-flight LC/MS, tandem LC/MS, and MALDI-TOF-MS. The global spectrometry industry is sectioned into four geographic zones which are North America, Asia Pacific, Europe, and Rest of the World. Some of the key players which dominate the market currently include Bruker Corp., Agilent Technologies Inc., Waters Corp., Thermo Fisher Scientific Inc., and Danaher Corp.
The penetration of spectrometry market is highest in the North American zone, which is followed by Japan and Europe. Japan is an emerging sector in the market. However, North America will continue to dominate the market share in the coming years.