Wednesday, March 30th, 2016 - WiseGuyReports

WiseGuyReports.com adds“Laboratory and Handheld Raman Instruments Industry 2016 Global Market Research Report & Forecast to 2020”reports to its database. We can offer you discount on this report.

This industry research report presents a detailed segmentation of the global laboratory and handheld Raman instruments market by product (laboratory and handheld), by end user (pharmaceutical, industrial, educational, and others), and by geography (the Americas, APAC, Europe, and MEA). The key leading vendors analyzed in this market research information are B&W Tek, Bruker, HORIBA, Rigaku, and Thermo Fisher Scientific.

Outlook of the global laboratory and handheld Raman instruments market 
The global market for laboratory and handheld Raman instruments will grow steadily at a CAGR of almost 10% by 2020. Much of this market’s growth can be attributed to the various advantages that Raman spectroscopy has over other methods and the advancements in technology, particularly in the handheld and portable product segments. Furthermore, with the increasing emphasis on environmental monitoring and increasing applications of Raman instruments in the defense sector, the demand for laboratory and handheld Raman instruments will experience a stark increase until the end of 2020.

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In terms of geography, the laboratory and handheld Raman instruments market was dominated by the Americas, which accounted for more than 51% of the total market share in 2015. Extensive investment in research and testing by the US is a significant factor that will bolster the prospects for market growth in the Americas. Due to the proliferation of technology start-ups and research facilities within the Americas, the demand for these instruments will increase significantly over the next few years.

Product-based segmentation of the laboratory and handheld Raman instruments market 
- Laboratory 
- Handheld 
According to Technavio’s market research analysts, the laboratory product segment will account for almost 56% of the total market share by 2020. Factors like greater accuracy and faster response time make these instruments the prime choice for laboratories where accuracy is more important than flexibility. The widespread utilization of these instruments in laboratories across the pharmaceutical, forensics, geology, and life sciences industries will result in the strong growth of this market segment during the predicted period.

End-user segmentation of the laboratory and handheld Raman instruments market 
- Pharmaceutical 
- Industrial 
- Educational 
The pharmaceutical sector dominated this market during 2015 and is envisaged to retain its dominating hold over the market until 2020 owing to the ability of these instruments to improve drug safety and efficacy. Since Raman instruments also help in reducing the costs associated with drug discovery and the development of new formulations and drugs, its demand in the pharmaceutical sector will increase exponentially over the next four years.

Competitive landscape and key vendors 
The global laboratory and handheld Raman instruments market is characterized by the presence of many players, which range from small regional vendors to large global vendors. With the growth in R&D investments in APAC and Latin America, particularly in the pharmaceutical, healthcare, and electronics sectors, there is a massive potential for the growth of the market in these regions.

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Key vendors in this market are -

B&W Tek 
Bruker 
HORIBA 
Rigaku 
Thermo Fisher Scientific 
Other prominent vendors are BaySpec, Cobalt Light Systems, Enspectr, Field Forensics, JASCO Analytical Instruments, Kaiser Optical Systems, Laser Systems, Northern ANI Solutions, Ocean Optics, PerkinElmer, Renishaw, Snowy Range Instruments, TSI, and Yokogawa.

Key questions answered in the report include 
- What will the market size and the growth rate be in 2020? 
- What are the key factors driving the global laboratory and handheld Raman instruments market? 
- What are the key market trends impacting the growth of the global laboratory and handheld Raman instruments market? 
- What are the challenges to market growth? 
- Who are the key vendors in the laboratory and handheld Raman instruments market? 
- What are the market opportunities and threats faced by the vendors in the laboratory and handheld Raman instruments market? 
- Trending factors influencing the market shares of the Americas, APAC, and EMEA. 
- What are the key outcomes of the five forces analysis of the global laboratory and handheld Raman instruments market?

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