Optical Emission Spectroscopy, or OES, is very well trusted and widely used analytical technique which is used to find out the elemental composition of a large range of metals. The type of samples which can be tested using OES include samples collected from the melt in primary and secondary metal production process, and in the metals processing industries, tubes, bolts, rods, wires, plates and many more. OES can analyse a wide range of elements from Lithium to Uranium in solid metal examples covering a wide concentration range, giving very high accuracy, high precision and low detection limits.
There are various factors that are driving the Optical Emission Spectroscopy Market as number of applications in the field of automobile, aerospace & defence, infrastructure, pharmaceuticals, and life sciences, chemicals, oil & gas etc. Arrival of new technologies has brought a change in requirements of the customers across various verticals of the industry and enforcement of government safety regulations and quality control measures for different Industry are main drivers for the optical emission spectroscopy market. Increasing partnerships among spectroscopy equipment providers and research institutes can also be witnessed in the global market.
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The increasing trend of adoption of spectroscopy technology in the field of agriculture, pharmaceutical, chemicals, and clinical analysis sectors are creating the way for different mergers and acquisitions in the optical emission spectroscopy market. There has been a growing demand for advanced laboratory equipment which is coupled with the technological innovation which is compelling the optical emission spectroscopy equipment manufacturers to collaborate with one another to meet specific customer demands. Factors such as the time taken for the analysis as well as the time taken for the preparation of the sample are restraining the Optical Emission Spectroscopy market.
Key players in this market are Agilent Technologies, Sky ray Instrument, Analytik Jena for Endress+Hauser, Thermo Fisher Scientific, Bruker, Hitachi High-Technologies Corporation, Ametek, Shimadzu, Horiba, Perkinelmer, SGS, Intertek etc.
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Global Optical Emission Spectroscopy Market has been segmented on the basis of type of detector used, application, Excitation source and region. Based on the detector type it is segmented as Photomultiplier Tube (PMT), Solid State Detector (SSD) and Hybrid. Based on application it is segmented as Oil & Gas, Metals and Heavy Machinery, Automotive, Scrap and Recycling, Aerospace & Defence, Chemicals, Infrastructure, Pharmaceuticals and Life Sciences, Power Generation. On the basis of excitation source market is segmented as Arc/Spark Optical Emission Spectroscopy and Inductively Coupled Plasma Optical Emission Spectroscopy. The region in focus is entire world market. The report highlights the main market drivers fuelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the Optical Emission Spectroscopy in global market. The competitive landscape section of the report captures and highlights the recent developments within the market
Key questions answered in this research report:
1- At what pace is Global Optical Emission Spectroscopy market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in Optical Emission Spectroscopy market?
4- What are the various application areas and how they are poised to grow?
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