Terahertz and Infrared Spectroscopy Market worth 52.53 M USD & 1.256 Bn USD by 2020

Monday 21 March 2016, Amsterdam

The report,now available on ASDReports, "Terahertz and Infrared Spectroscopy Market by Spectrum (Near/Mid /Far-Infrared), by Technology (Benchtop/Portable & Handheld), by Application (Semiconductors/Homeland Security/Pharmaceutical & Biotechnology/Industrial Chemistry) - Global Forecasts to 2020", analyzes and studies the major market drivers, restraints/challenges, and opportunities.

Based on application, the market is segmented into semiconductors, homeland security, research and development, and non-destructive testing. In 2015, the semiconductors segment is estimated to account for the major share of the terahertz spectroscopy market.

On the basis of region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2015, North America is expected to account for the largest share of the terahertz spectroscopy market, followed by Asia-Pacific and Europe. However, the Asia-Pacific market is slated to grow at the highest CAGR during the forecast period and serve as a revenue pocket for companies offering terahertz spectroscopy equipment.

The major players in terahertz spectroscopy market include TeraView, Ltd. (U.S.), Menlo Systems GmbH (Germany), Toptica Photonix AG (Germany), Advanced Photonix, Inc. (U.S.), and Advantest Corporation (Japan).

The global infrared spectroscopy market is segmented on the basis of spectrum, technology, application, and region.

Based on spectrum, the infrared spectroscopy market is categorized into near-infrared, mid-infrared and far-infrared. In 2015, the mid-infrared segment is estimated to account for the major share of the infrared spectroscopy market.

Based on technology, the infrared spectroscopy market is categorized into benchtop, microscopy, portable & handheld, and hyphenated. In 2015, the benchtop segment is estimated to account for the major share of the infrared spectroscopy market.

Based on application, the market is segmented into pharmaceuticals & biotechnology, industrial chemistry, environmental testing, food & beverage testing, and others. In 2015, the pharmaceuticals & biotechnology segment is estimated to account for the major share of the infrared spectroscopy market.

On the basis of region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In 2015, North America is expected to account for the largest share of the infrared spectroscopy market, followed by Europe and Asia-Pacific. However, the Asia-Pacific market is slated to grow at the highest CAGR during the forecast period and serve as a revenue pocket for companies offering infrared spectroscopy equipment.

Some major players in the global infrared spectroscopy market include Agilent Technologies (U.S.), PerkinElmer (U.S.), Thermo Fisher Scientific (U.S.), Bruker Corporation (U.S.), and Shimadzu Corporation (Japan).