Table of Content

1 INTRODUCTION 24
1.1 OBJECTIVES OF THE STUDY 24
1.2 MARKET DEFINITION 24
1.3 MARKET SCOPE 25
1.3.1 MARKETS COVERED 25
1.4 YEARS CONSIDERED FOR THE STUDY 25
1.5 CURRENCY 26
1.6 LIMITATIONS 26
1.7 STAKEHOLDERS 26
1.8 SUMMARY OF CHANGES 26

2 RESEARCH METHODOLOGY 28
2.1 RESEARCH DATA 28
FIGURE 1 RESEARCH DESIGN 28
2.2 SECONDARY DATA 29
2.2.1 SECONDARY RESEARCH 29
2.3 KEY DATA FROM SECONDARY SOURCES 29
2.4 PRIMARY DATA 30
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 30
2.5 KEY INSIGHTS FROM PRIMARY SOURCES 31
2.6 MARKET SIZE ESTIMATION METHODOLOGY 31
FIGURE 3 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 32
2.7 REVENUE MAPPING-BASED MARKET ESTIMATION 32
FIGURE 4 REVENUE-BASED MAPPING 33
2.8 DATA TRIANGULATION 34
FIGURE 5 DATA TRIANGULATION METHODOLOGY 34
2.9 ASSUMPTIONS FOR THE STUDY 34
2.10 COVID-19-SPECIFIC ASSUMPTIONS 35

3 EXECUTIVE SUMMARY 36
FIGURE 6 INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2020 VS. 2025 (USD MILLION) 36
FIGURE 7 INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2020 VS. 2025 (USD MILLION) 37
FIGURE 8 INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2020 VS. 2025 (USD MILLION) 37
FIGURE 9 TERAHERTZ SPECTROSCOPY MARKET, BY APPLICATION, 2020 VS. 2025 (USD MILLION) 38
FIGURE 10 INFRARED SPECTROSCOPY MARKET: GEOGRAPHIC SNAPSHOT 39

4 PREMIUM INSIGHTS 40
4.1 INFRARED SPECTROSCOPY MARKET OVERVIEW 40
FIGURE 11 APPLICATIONS IN PHARMACEUTICAL ANALYSIS AND TECHNOLOGICAL ADVANCEMENTS ARE PROPELLING THE IR SPECTROSCOPY MARKET 40
4.2 TERAHERTZ SPECTROSCOPY MARKET OVERVIEW 41
FIGURE 12 APPLICATIONS IN NON-DESTRUCTIVE TESTING AND TECHNOLOGICAL ADVANCEMENTS ARE PROPELLING THE TERAHERTZ SPECTROSCOPY MARKET 41
4.3 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM & COUNTRY (2019) 42
FIGURE 13 MID-INFRARED RADIATION ACCOUNTED FOR THE LARGEST SHARE OF THE NORTH AMERICAN INFRARED SPECTROSCOPY MARKET IN 2019 42
4.4 INFRARED SPECTROSCOPY MARKET SHARE, BY INSTRUMENT TYPE, 2020 VS. 2025 42
FIGURE 14 BENCHTOP INSTRUMENTS WILL CONTINUE TO DOMINATE THE INFRARED SPECTROSCOPY MARKET IN 2025 42
4.5 INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2020 VS. 2025 43
FIGURE 15 MID-INFRARED RADIATION SEGMENT WILL CONTINUE TO DOMINATE THE INFRARED SPECTROSCOPY MARKET IN 2025 43
4.6 TERAHERTZ SPECTROSCOPY MARKET, BY APPLICATION, 2020 VS. 2025 43
FIGURE 16 SEMICONDUCTORS APPLICATION SEGMENT WILL CONTINUE TO DOMINATE THE TERAHERTZ SPECTROSCOPY MARKET IN 2025 43

5 MARKET OVERVIEW 44
5.1 TERAHERTZ SPECTROSCOPY 44
5.1.1 INTRODUCTION 44
FIGURE 17 MARKET DYNAMICS: DRIVERS, RESTRAINTS, AND OPPORTUNITIES IN THE TERAHERTZ SPECTROSCOPY MARKET 44
5.1.2 DRIVERS 45
5.1.2.1 Increasing applications of terahertz spectroscopy as a screening technique for homeland security 45
5.1.2.2 Growing semiconductor industry 45
5.1.2.3 Technological advancements 46
5.1.3 RESTRAINTS 46
5.1.3.1 High equipment costs 46
5.1.4 OPPORTUNITIES 47
5.1.4.1 Potential applications of terahertz spectroscopy in healthcare 47
5.2 INFRARED SPECTROSCOPY 47
5.2.1 INTRODUCTION 47
FIGURE 18 MARKET DYNAMICS: DRIVERS, RESTRAINTS, AND OPPORTUNITIES IN THE INFRARED SPECTROSCOPY MARKET 48
5.2.2 DRIVERS 48
5.2.2.1 Stringent regulations in the pharmaceutical industry 48
5.2.2.2 Growing food safety concerns 48
5.2.2.3 Increasing government investments in infrared spectroscopy technologies 49
5.2.2.4 Technological advancements 49
5.2.3 RESTRAINTS 50
5.2.3.1 Technical limitations of IR spectroscopy 50
5.2.3.2 Availability of used IR devices 50
5.2.4 OPPORTUNITIES 50
5.2.4.1 Growing opportunities in emerging nations 50
5.2.4.2 Adoption of NIR spectroscopy in seed detection 51
5.2.4.3 Growing proteomics market 51
5.3 IMPACT OF COVID-19 ON THE TERAHERTZ AND INFRARED SPECTROSCOPY MARKET 52
5.4 VALUE CHAIN ANALYSIS 52
FIGURE 19 VALUE CHAIN ANALYSIS (IR SPECTROSCOPY): MAJOR VALUE IS ADDED DURING THE MANUFACTURING & ASSEMBLY PHASES 52
5.4.1 RESEARCH & PRODUCT DEVELOPMENT 53
5.4.2 MANUFACTURING & ASSEMBLY 53
5.4.3 DISTRIBUTION, MARKETING & SALES, AND POST-SALES SERVICES 53
5.5 SUPPLY CHAIN ANALYSIS 53
5.5.1 PROMINENT COMPANIES 53
5.5.2 SMALL AND MEDIUM-SIZED ENTERPRISES 53
5.5.3 END USERS 53
FIGURE 20 DISTRIBUTION (IR SPECTROSCOPY)?A STRATEGY PREFERRED BY PROMINENT COMPANIES 54
FIGURE 21 ECOSYSTEM ANALYSIS OF THE INFRARED SPECTROSCOPY MARKET 54
5.6 REGULATORY GUIDELINES IN THE TERAHERTZ AND INFRARED SPECTROSCOPY MARKET 55
5.7 AVERAGE SELLING PRICE TREND (INFRARED SPECTROSCOPY) 56
FIGURE 22 ASP TREND (2017–2025) 56
5.8 PORTER’S FIVE FORCES ANALYSIS (INFRARED SPECTROSCOPY) 57
FIGURE 23 PORTER’S FIVE FORCES ANALYSIS FOR THE INFRARED SPECTROSCOPY MARKET 57
5.8.1 INTRODUCTION 57
TABLE 1 IMPACT OF EACH FORCE ON THE MARKET 58
5.8.2 BARGAINING POWER OF BUYERS 58
5.8.3 BARGAINING POWER OF SUPPLIERS 58
5.8.4 THREAT FROM NEW ENTRANTS 59
5.8.5 THREAT FROM SUBSTITUTES 59
5.8.6 INTENSITY OF COMPETITIVE RIVALRY 59

6 INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE 60
6.1 INTRODUCTION 61
TABLE 2 INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 61
6.1.1 BENCHTOP INSTRUMENTS 61
6.1.1.1 Ease of use and convenience of benchtop instruments to drive their demand 61
TABLE 3 INFRARED SPECTROSCOPY MARKET FOR BENCHTOP INSTRUMENTS, BY REGION, 2018–2025 (USD MILLION) 62
TABLE 4 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET FOR BENCHTOP INSTRUMENTS, BY COUNTRY, 2018–2025 (USD MILLION) 62
TABLE 5 APAC: INFRARED SPECTROSCOPY MARKET FOR BENCHTOP INSTRUMENTS, BY COUNTRY, 2018–2025 (USD MILLION) 62
TABLE 6 EUROPE: INFRARED SPECTROSCOPY MARKET FOR BENCHTOP INSTRUMENTS, BY COUNTRY, 2018–2025 (USD MILLION) 63
6.1.2 MICROSCOPY INSTRUMENTS 63
6.1.2.1 Emergence of microscopy instruments as powerful tools in tissue engineering to drive market growth 63
TABLE 7 INFRARED SPECTROSCOPY MARKET FOR MICROSCOPY INSTRUMENTS, BY REGION, 2018–2025 (USD MILLION) 64
TABLE 8 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET FOR MICROSCOPY INSTRUMENTS, BY COUNTRY, 2018–2025 (USD MILLION) 64
TABLE 9 EUROPE: INFRARED SPECTROSCOPY MARKET FOR MICROSCOPY INSTRUMENTS, BY COUNTRY, 2018–2025 (USD MILLION) 64
TABLE 10 APAC: INFRARED SPECTROSCOPY MARKET FOR MICROSCOPY INSTRUMENTS, BY COUNTRY, 2018–2025 (USD MILLION) 65
6.1.3 PORTABLE INSTRUMENTS 65
6.1.3.1 Unique applications offered by portable spectrometers to drive market growth 65
TABLE 11 INFRARED SPECTROSCOPY MARKET FOR PORTABLE INSTRUMENTS, BY REGION, 2018–2025 (USD MILLION) 65
TABLE 12 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET FOR PORTABLE INSTRUMENTS, BY COUNTRY, 2018–2025 (USD MILLION) 66
TABLE 13 APAC: INFRARED SPECTROSCOPY MARKET FOR PORTABLE INSTRUMENTS, BY COUNTRY, 2018–2025 (USD MILLION) 66
TABLE 14 EUROPE: INFRARED SPECTROSCOPY MARKET FOR PORTABLE INSTRUMENTS, BY COUNTRY, 2018–2025 (USD MILLION) 66
6.1.4 HYPHENATED INSTRUMENTS 67
6.1.4.1 Advancements in hyphenated spectrometers have widened the applications of these instruments in various industries 67
TABLE 15 INFRARED SPECTROSCOPY MARKET FOR HYPHENATED INSTRUMENTS, BY REGION, 2018–2025 (USD MILLION) 67
TABLE 16 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET FOR HYPHENATED INSTRUMENTS, BY COUNTRY, 2018–2025 (USD MILLION) 68
TABLE 17 APAC: INFRARED SPECTROSCOPY MARKET FOR HYPHENATED INSTRUMENTS, BY COUNTRY, 2018–2025 (USD MILLION) 68
TABLE 18 EUROPE: INFRARED SPECTROSCOPY MARKET FOR HYPHENATED INSTRUMENTS, BY COUNTRY, 2018–2025 (USD MILLION) 68
7 INFRARED SPECTROSCOPY MARKET, BY SPECTRUM 69
7.1 INTRODUCTION 70
TABLE 19 INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 70
7.1.1 NEAR-INFRARED RADIATION (NIR) 70
7.1.1.1 Various applications of NIR in different industries to drive market growth 70
TABLE 20 NEAR-INFRARED RADIATION SPECTROSCOPY MARKET, BY REGION, 2018–2025 (USD MILLION) 71
TABLE 21 NORTH AMERICA: NEAR-INFRARED RADIATION SPECTROSCOPY MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 71
TABLE 22 APAC: NEAR-INFRARED RADIATION SPECTROSCOPY MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 71
TABLE 23 EUROPE: NEAR-INFRARED RADIATION SPECTROSCOPY MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 72
7.1.2 MID-INFRARED RADIATION (MIR) 72
7.1.2.1 Growing use of mid-infrared radiation in the food industry to drive market growth 72
TABLE 24 MID-INFRARED RADIATION SPECTROSCOPY MARKET, BY REGION, 2018–2025 (USD MILLION) 73
TABLE 25 NORTH AMERICA: MID-INFRARED RADIATION SPECTROSCOPY MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 73
TABLE 26 APAC: MID-INFRARED RADIATION SPECTROSCOPY MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 73
TABLE 27 EUROPE: MID-INFRARED RADIATION SPECTROSCOPY MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 74
7.1.3 FAR-INFRARED RADIATION (FIR) 74
7.1.3.1 High demand for far-infrared technology in healthcare & pharmaceutical applications to drive market growth 74
TABLE 28 FAR-INFRARED RADIATION SPECTROSCOPY MARKET, BY REGION, 2018–2025 (USD MILLION) 75
TABLE 29 NORTH AMERICA: FAR-INFRARED RADIATION SPECTROSCOPY MARKET, BY COUNTRY, 2018–2025 (USD MILLION 75
TABLE 30 APAC: FAR-INFRARED RADIATION SPECTROSCOPY MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 75
TABLE 31 EUROPE: FAR-INFRARED RADIATION SPECTROSCOPY MARKET, BY COUNTRY, 2018–2025 (USD MILLION 76

8 INFRARED SPECTROSCOPY MARKET, BY APPLICATION 77
8.1 INTRODUCTION 78
TABLE 32 INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 78
8.1.1 PHARMACEUTICAL & BIOTECHNOLOGY APPLICATIONS 78
8.1.1.1 Increasing use of infrared spectroscopy in different pharmaceutical & biotechnology applications to drive growth 78
TABLE 33 INFRARED SPECTROSCOPY MARKET FOR PHARMACEUTICAL & BIOTECHNOLOGY APPLICATIONS, BY REGION, 2018–2025 (USD MILLION) 79
TABLE 34 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET FOR PHARMACEUTICAL & BIOTECHNOLOGY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 79
TABLE 35 APAC: INFRARED SPECTROSCOPY MARKET FOR PHARMACEUTICAL & BIOTECHNOLOGY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 80
TABLE 36 EUROPE: INFRARED SPECTROSCOPY MARKET FOR PHARMACEUTICAL & BIOTECHNOLOGY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 80
8.1.2 INDUSTRIAL CHEMISTRY APPLICATIONS 80
8.1.2.1 Increasing use of infrared spectroscopy in determining the molecular structure of compounds to drive market growth 80
TABLE 37 INFRARED SPECTROSCOPY MARKET FOR INDUSTRIAL CHEMISTRY APPLICATIONS, BY REGION, 2018–2020 (USD MILLION) 81
TABLE 38 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET FOR INDUSTRIAL CHEMISTRY APPLICATIONS, BY COUNTRY, 2018–2020 (USD MILLION) 81
TABLE 39 APAC: INFRARED SPECTROSCOPY MARKET FOR INDUSTRIAL CHEMISTRY APPLICATIONS, BY COUNTRY, 2018–2020 (USD MILLION) 82
TABLE 40 EUROPE: INFRARED SPECTROSCOPY MARKET FOR INDUSTRIAL CHEMISTRY APPLICATIONS, BY COUNTRY, 2018–2020 (USD MILLION) 82
8.1.3 FOOD & BEVERAGE TESTING 82
8.1.3.1 Growing use of infrared spectroscopy in determining the quality of food items and beverages to drive market growth 82
TABLE 41 INFRARED SPECTROSCOPY MARKET FOR FOOD & BEVERAGE TESTING, BY REGION, 2018–2025 (USD MILLION) 83
TABLE 42 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET FOR FOOD & BEVERAGE TESTING, BY COUNTRY, 2018–2025 (USD MILLION) 83
TABLE 43 APAC: INFRARED SPECTROSCOPY MARKET FOR FOOD & BEVERAGE TESTING, BY COUNTRY, 2018–2025 (USD MILLION) 84
TABLE 44 EUROPE: INFRARED SPECTROSCOPY MARKET FOR FOOD & BEVERAGE TESTING, BY COUNTRY, 2018–2025 (USD MILLION) 84
8.1.4 ENVIRONMENTAL TESTING 84
8.1.4.1 Growing use of infrared spectroscopy instruments to analyze toxic compounds in the environment to drive market growth 84
TABLE 45 INFRARED SPECTROSCOPY MARKET FOR ENVIRONMENTAL TESTING, BY REGION, 2018–2025 (USD MILLION) 85
TABLE 46 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET FOR ENVIRONMENTAL TESTING, BY COUNTRY, 2018–2025 (USD MILLION) 85
TABLE 47 APAC: INFRARED SPECTROSCOPY MARKET FOR ENVIRONMENTAL TESTING, BY COUNTRY, 2018–2025 (USD MILLION) 86
TABLE 48 EUROPE: INFRARED SPECTROSCOPY MARKET FOR ENVIRONMENTAL TESTING, BY COUNTRY, 2018–2025 (USD MILLION) 86
8.1.5 OTHER APPLICATIONS 86
TABLE 49 INFRARED SPECTROSCOPY MARKET FOR OTHER APPLICATIONS, BY REGION, 2018–2025 (USD MILLION) 87
TABLE 50 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 87
TABLE 51 APAC: INFRARED SPECTROSCOPY MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 88
TABLE 52 EUROPE: INFRARED SPECTROSCOPY MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 88

9 TERAHERTZ SPECTROSCOPY MARKET, BY APPLICATION 89
9.1 INTRODUCTION 90
TABLE 53 TERAHERTZ SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 90
9.2 SEMICONDUCTORS 90
9.2.1 INCREASING TECHNOLOGICAL ADVANCEMENTS TO DRIVE THE MARKET GROWTH 90
TABLE 54 TERAHERTZ SPECTROSCOPY MARKET FOR SEMICONDUCTOR APPLICATIONS, BY REGION, 2018–2025 (USD MILLION) 91
9.3 HOMELAND SECURITY 91
9.3.1 BETTER PENETRATION CAPABILITIES OF TERAHERTZ SPECTROSCOPY TO DRIVE GROWTH IN VARIOUS HOMELAND SECURITY APPLICATIONS 91
TABLE 55 TERAHERTZ SPECTROSCOPY MARKET FOR HOMELAND SECURITY APPLICATIONS, BY REGION, 2018–2025 (USD MILLION) 92
9.4 NON-DESTRUCTIVE TESTING 92
9.4.1 INCREASING USE OF TERAHERTZ SPECTROSCOPY AS A SCREENING TECHNIQUE TO DRIVE GROWTH 92
TABLE 56 TERAHERTZ SPECTROSCOPY MARKET FOR NON-DESTRUCTIVE TESTING APPLICATIONS, BY REGION, 2018–2025 (USD MILLION) 93
9.5 RESEARCH & DEVELOPMENT 93
9.5.1 CONTINUOUS DEVELOPMENT IN BIOMEDICAL APPLICATIONS TO BOOST THE MARKET 93
TABLE 57 TERAHERTZ SPECTROSCOPY MARKET FOR RESEARCH & DEVELOPMENT APPLICATIONS, BY REGION, 2018–2025 (USD MILLION) 94

10 TERAHERTZ AND INFRARED SPECTROSCOPY MARKET, BY REGION 95
10.1 INTRODUCTION 96
TABLE 58 TERAHERTZ SPECTROSCOPY MARKET, BY REGION, 2018–2025 (USD MILLION) 96
TABLE 59 INFRARED SPECTROSCOPY MARKET, BY REGION, 2018–2025 (USD MILLION) 96
10.2 NORTH AMERICA 97
FIGURE 24 NORTH AMERICA: TERAHERTZ AND INFRARED SPECTROSCOPY MARKET SNAPSHOT 97
TABLE 60 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 98
TABLE 61 NORTH AMERICA: TERAHERTZ SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 98
TABLE 62 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 98
TABLE 63 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 99
TABLE 64 NORTH AMERICA: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 99
10.2.1 US 99
10.2.1.1 Growing use of terahertz technology in cancer diagnosis and stringent drug development regulations to boost market growth 99
TABLE 65 US: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 100
TABLE 66 US: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 100
TABLE 67 US: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 101
10.2.2 CANADA 101
10.2.2.1 Funding for innovation-based research to drive the Canadian terahertz and infrared spectroscopy market 101
TABLE 68 CANADA: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 101
TABLE 69 CANADA: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 102
TABLE 70 CANADA: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 102
10.3 EUROPE 102
TABLE 71 EUROPE: INFRARED SPECTROSCOPY MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 103
TABLE 72 EUROPE: TERAHERTZ SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 103
TABLE 73 EUROPE: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 103
TABLE 74 EUROPE: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 104
TABLE 75 EUROPE: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 104
10.3.1 UK 104
10.3.1.1 Rising usage of infrared spectroscopy for food authenticity testing in the UK to drive market growth 104
TABLE 76 UK: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 105
TABLE 77 UK: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 105
TABLE 78 UK: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 106
10.3.2 GERMANY 106
10.3.2.1 Favorable funding scenario in Germany to boost the adoption of terahertz and infrared spectroscopy 106
TABLE 79 GERMANY: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 107
TABLE 80 GERMANY: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 107
TABLE 81 GERMANY: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 107
10.3.3 ITALY 108
10.3.3.1 Advancements in the biotechnology and pharmaceutical industries in Italy to boost the market 108
TABLE 82 ITALY: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 108
TABLE 83 ITALY: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 109
TABLE 84 ITALY: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 109
10.3.4 FRANCE 109
10.3.4.1 Increasing investments in infrastructure development to drive market growth 109
TABLE 85 FRANCE: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 110
TABLE 86 FRANCE: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 110
TABLE 87 FRANCE: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 111
10.3.5 ROE 111
TABLE 88 ROE: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 112
TABLE 89 ROE: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 112
TABLE 90 ROE: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 112
10.4 ASIA PACIFIC 113
FIGURE 25 ASIA PACIFIC: TERAHERTZ AND INFRARED SPECTROSCOPY MARKET SNAPSHOT 113
TABLE 91 ASIA PACIFIC: INFRARED SPECTROSCOPY MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 114
TABLE 92 ASIA PACIFIC: TERAHERTZ SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 114
TABLE 93 ASIA PACIFIC: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 114
TABLE 94 ASIA PACIFIC: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 115
TABLE 95 ASIA PACIFIC: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 115
10.4.1 CHINA 115
10.4.1.1 Strategic expansions by key players in china to boost the growth of the infrared spectroscopy market 115
TABLE 96 CHINA: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 116
TABLE 97 CHINA: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 116
TABLE 98 CHINA: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 117
10.4.2 INDIA 117
10.4.2.1 Rising food safety concerns support the market growth in India 117
TABLE 99 INDIA: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 117
TABLE 100 INDIA: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 118
TABLE 101 INDIA: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 118
10.4.3 JAPAN 118
10.4.3.1 Increasing research and growing adoption of technologically advanced products will drive market growth 118
TABLE 102 JAPAN: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 119
TABLE 103 JAPAN: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 119
TABLE 104 JAPAN: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 120
10.4.4 REST OF ASIA PACIFIC (ROAPAC) 120
TABLE 105 ROAPAC: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 120
TABLE 106 ROAPAC: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 121
TABLE 107 ROAPAC: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 121
10.5 REST OF THE WORLD (ROW) 121
TABLE 108 ROW: TERAHERTZ SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 122
TABLE 109 ROW: INFRARED SPECTROSCOPY MARKET, BY SPECTRUM, 2018–2025 (USD MILLION) 123
TABLE 110 ROW: INFRARED SPECTROSCOPY MARKET, BY INSTRUMENT TYPE, 2018–2025 (USD MILLION) 123
TABLE 111 ROW: INFRARED SPECTROSCOPY MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 123

11 COMPETITIVE LANDSCAPE 124
11.1 OVERVIEW 124
FIGURE 26 KEY DEVELOPMENTS IN THE TERAHERTZ AND INFRARED SPECTROSCOPY MARKET 124
11.1.1 INFRARED SPECTROSCOPY 125
FIGURE 27 MARKET SHARE ANALYSIS: INFRARED SPECTROSCOPY MARKET 125
11.1.1.1 Key market developments 126
11.1.1.1.1 Product launches 126
11.1.1.1.2 Acquisitions 127
11.1.1.1.3 Partnerships, collaborations, and agreements 127
11.1.1.1.4 Expansions 128
11.1.2 TERAHERTZ SPECTROSCOPY 129
11.1.2.1 Key market developments 129
11.1.2.1.1 Product launches 129
11.1.2.1.2 Acquisitions 129
11.1.2.1.3 Expansions 130
11.1.2.1.4 Partnerships & collaborations 130

12 COMPETITIVE EVALUATION MATRIX AND COMPANY PROFILES 131
12.1 COMPETITIVE EVALUATION MATRIX 131
12.2 COMPETITIVE LEADERSHIP MAPPING: MAJOR MARKET PLAYERS (2019) 131
12.2.1 STARS 131
12.2.2 EMERGING LEADERS 131
12.2.3 EMERGING COMPANIES 131
12.2.4 PERVASIVE PLAYERS 132
FIGURE 28 TERAHERTZ AND INFRARED SPECTROSCOPY MARKET: COMPETITIVE LEADERSHIP MAPPING, 2019 132
12.3 START-UP EVALUATION MATRIX 133
12.3.1 PROGRESSIVE COMPANIES 133
12.3.2 RESPONSIVE COMPANIES 133
12.3.3 DYNAMIC COMPANIES 133
12.3.4 STARTING BLOCKS 133
FIGURE 29 SME EVALUATION MATRIX: INFRARED & TERAHERTZ SPECTROSCOPY MARKET 134
12.4 COMPANY PROFILES 135
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
12.4.1 PERKINELMER, INC. 135
FIGURE 30 PERKINELMER, INC.: COMPANY SNAPSHOT 135
12.4.2 BRUKER CORPORATION 137
FIGURE 31 BRUKER CORPORATION: COMPANY SNAPSHOT 138
12.4.3 THERMO FISHER SCIENTIFIC, INC. 141
FIGURE 32 THERMO FISHER SCIENTIFIC, INC.: COMPANY SNAPSHOT 141
12.4.4 SHIMADZU CORPORATION 144
FIGURE 33 SHIMADZU CORPORATION: COMPANY SNAPSHOT 144
12.4.5 AGILENT TECHNOLOGIES, INC. 146
FIGURE 34 AGILENT TECHNOLOGIES, INC.: COMPANY SNAPSHOT 147
12.4.6 HORIBA LTD. 149
FIGURE 35 HORIBA LTD.: COMPANY SNAPSHOT 149
12.4.7 FOSS 151
12.4.8 JASCO, INC. 153
12.4.9 BAYSPEC INC. 154
12.4.10 SPECTRA ANALYSIS INSTRUMENTS INC. 155
12.4.11 TELEDYNE PRINCETON INSTRUMENTS 156
12.4.12 TERAVIEW LTD. 158
12.4.13 ADVANTEST CORPORATION 160
FIGURE 36 ADVANTEST CORPORATION: COMPANY SNAPSHOT 160
12.4.14 MENLO SYSTEMS GMBH 162
12.4.15 TOPTICA PHOTONIX AG 164
12.4.16 MICROTECH INSTRUMENTS INC. 166
12.4.17 BATOP GMBH 167
12.4.18 H?BNER GMBH 168
12.4.19 ADVANCED PHOTONIX, INC. 169
12.4.20 EKSPLA 170
*Business Overview, Products Offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
_

13 APPENDIX 171
13.1 DISCUSSION GUIDE: TERAHERTZ SPECTROSCOPY 171
13.2 DISCUSSION GUIDE: INFRARED SPECTROSCOPY 174
13.4 AVAILABLE CUSTOMIZATIONS 180
13.5 RELATED REPORTS 181
13.6 AUTHOR DETAILS 182