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Infrared and Terahertz Spectroscopy Market: Market Segments: By Spectrum ; By Technology ; By Application ;By End User ; and Region – Global Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030

ReportLinker
·3-min read
ReportLinker
ReportLinker

Product Overview Measurement of the interaction of infrared radiation with the matter by emission, absorption, or reflection is known as Infrared spectroscopy. It is primarily used to identify and study functional groups and chemical substances in solid, liquid, or gaseous forms.

New York, July 12, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Infrared and Terahertz Spectroscopy Market: Market Segments: By Spectrum ; By Technology ; By Application ;By End User ; and Region – Global Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030" - https://www.reportlinker.com/p06191627/?utm_source=GNW
It is a reliable and simple technique used in dynamic measurement, quantity control, and supervising applications. Infrared Spectroscopy is also utilized in the food industry to measure the concentration of several compounds in different food products. Market Highlights
Global Infrared and Terahertz Spectroscopy Market are expected to project a notable CAGR of 21.10% in 2030.

Global Infrared and Terahertz Spectroscopy Market to surpass USD 4.67 billion by 2030 from USD 0.63 billion in 2020 at a CAGR of 21.10% in the coming years, i.e., 2020-30. The market is estimated to grow owing to the factors such as strict regulations in the pharmaceutical industry, increasing concerns regarding food safety, and an increase in the investments, grants, and funds by the government bodies.Global Infrared and Terahertz Spectroscopy Market: Segments
Mid-Infrared Radiation segment to grow with the highest CAGR during 2020-30
Global Infrared and Terahertz Spectroscopy Market are segmented by Spectrum into Near-Infrared Radiation (NIR), Mid-Infrared Radiation (MIR), Far-Infrared Radiation (FIR). The mid-Infrared Radiation segment held the largest market share of XX.X% in the year 2019. The wide utilization of mid-infrared radiation in healthcare and pharmaceutical applications and the food, industry is driving the growth of this segment. Market Dynamics
Drivers
Rising semiconductor Sector
Terahertz spectroscopy is commonly used to detect faults in circuits and to develop and analyze semiconductor materials. The ability to detect and measure charge carriers is expected to establish avenues for semiconductors to use the terahertz technology. In recent years advanced terahertz spectrometers have allowed non-destructive, rapid isolation of semiconductors.Restraint
High prices of equipment

Infrared and Terahertz Spectroscopy Market devices are equipped with cameras, detectors and scanners which increases its cost. They have advanced features and functions, hence, are costly. The devices used for industrial applications such as semiconductors and non-destructive testing have high prices.Global Infrared and Terahertz Spectroscopy Market: Key Players
PerkinElmer Inc

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Toptica Photonics
Thermo Fisher Scientific Inc.
TeraView Limited.
Shimadzu Medical (India) Pvt. Lt
Menlo System
Bruker
Agilent Technologies, Inc
ADVANTEST CORPORATION
Advancedphotonix
Bio-Rad Laboratories, Inc
METTLER TOLEDO.
Other prominent players

Global Infrared and Terahertz Spectroscopy Market: Regions
Global Infrared and Terahertz Spectroscopy Market are segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa. Global Infrared and Terahertz Spectroscopy Market in North America held the largest market share of XX.X% in the year 2019. North America will continue to dominate the global Infrared and Terahertz Spectroscopy Market because of technological growth, strengthened industrial infrastructure, presence of key players and a higher rate of new technology adoption.
Read the full report: https://www.reportlinker.com/p06191627/?utm_source=GNW

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