What is Ultraviolet-Visible Spectrophotometry Market?
Ultraviolet-visible spectrophotometry, also known as Ultraviolet-visible spectroscopy is a technique used to measure light absorbance across the ultraviolet and visible ranges of the electromagnetic spectrum. When incident light strikes matter it can either be absorbed, reflected, or transmitted. The absorbance of radiation in the ultraviolet-visible range causes atomic excitation, which refers to the transition of molecules from a low-energy ground state to an excited state. Owing to the increasing application of ultraviolet–visible spectrophotometry in environmental screening, the demand for UV/visible spectrophotometry is anticipated to witness robust growth in the forecast period.
The market study is being classified by Type (Dual-beam Systems, Single-beam Systems, Array-based Systems and Handheld Systems), by Application (Industrial Applications, Physical Chemistry Studies, Life Science studies, Environmental studies, Academic Applications, Life Science R&D, Quality Assurance/ Quality Control and Production) and major geographies with country level break-up. According to AMA, the Global Ultraviolet-Visible Spectrophotometry market is expected to see growth rate of 4.89% and may see market size of USD1245.0 Million by 2026.
Shimadzu Corporation (Japan), Agilent Technologies (United States), Thermo Fisher Scientific, Inc. (United States), PerkinElmer, Inc. (United States), Bio-Rad Laboratories, Inc. (United States), Bruker Corporation (United States), Hach Company (United States), Hitachi High-Technologies Corporation (Japan), HORIBA., Ltd (Japan), Mettler-Toledo (Switzerland) and Hamamatsu Photonics KK (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Cole-Parmer (United Kingdom), Analytik Jena (Germany), GBC Scientific Equipment (United States), JASCO Inc. (United States), Buck Scientific (United States), Biochrom Ltd (United Kingdom), AMETEK.Inc. (United States), PG Instruments Ltd (United Kingdom) and PERSEE ANALYTICS, Inc (United States).
Analyst at AMA have segmented the market study of Global Ultraviolet-Visible Spectrophotometry market by Type, Application and Region.
On the basis of geography, the market of Ultraviolet-Visible Spectrophotometry has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Application of Ultraviolet-Visible Spectrophotometry in Environmental Screening
- Increasing use of Ultraviolet-Visible Spectrophotometry in the Pharmaceutical & Biotechnology Industry
- Rising Single Beam System are used Extensively across Various Application
- Dearth of Skilled Professionals
- Rapid Technological Advancements and Development in the Spectrophotometry
- Increasing Investment in Molecular Diagnostics and Emergence of Biobanking
- Long Replacement Cycle of the Equipment
Market Leaders and some development strategies
In 2019, Shimadzu Corporation launched six new models of UV-VIS spectrophotometer under a new UV-i Selection brand. UV-1900i, UV-2600i, UV-2700i, UV-3600i Plus, SolidSpec-3700i, and Solidspec-3700i DUV.
On 22nd April 2020, Agilent Technologies Inc. has announced that it has become a top-level sponsor of My Green Lab, a nonprofit organization dedicated to improving the sustainability of scientific research.
Key Target AudienceUltraviolet-Visible Spectrophotometry Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase