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In-line UV-vis Spectroscopy Market, Revenue Growth, Key Factors, Major Companies, Forecast To 2025 | Grand View Research, Inc.

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In-line UV-vis Spectroscopy Market, Revenue Growth, Key Factors, Major Companies, Forecast To 2025 | Grand View Research, Inc.

October 18
18:02 2021
In-line UV-vis Spectroscopy Market, Revenue Growth, Key Factors, Major Companies, Forecast To 2025 | Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, growing demand for robust technologies in highly regulated industries, such as pharmaceuticals and foods & beverages, for effective sample compound testing is anticipated to boost usage of this form of UV-Vis spectroscopy.

The global in-line uv-vis spectroscopy market size is expected to reach USD 420.55 million by 2026 and is projected to grow at a CAGR of 6.57%, according to a new report by Grand View Research, Inc. Notable technological advancements in the UV-Vis spectroscopic method have accelerated the in-line monitoring of compounds using UV-Vis-spectrometry across various fields, such as environmental monitoring, materials science, pharmaceutical research, and agriculture. The introduction of advanced solutions such as enhanced silicon and InGaAs detectors & Light-emitting Diode (LED) sources have supported the adoption of this UV-Vis Spectroscopy technique, thereby driving the market.

A considerable number of research activities are conducted to evaluate the performance of spectrometry using in-line measurements across various applications. For example, in January 2017, an article was published that demonstrated the implementation of in-line UV-Vis spectroscopy for monitoring & improving Cleaning-in-Place (CIP) of whey filtration plants.

Furthermore, well-established global companies in the cosmetics, beverages, and food industry demand higher standards and lower tolerance limits from the manufacturers. The expanding specifications in product quality measurements are anticipated to accelerated innovations in the market during the forecast period.

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In-line UV-vis Spectroscopy Market Report Highlights                     

• In-line UV-Vis spectroscopy market for color measurement accounted for the largest revenue share in 2018

• A large number of operating suppliers and high penetration of products in this segment have resulted in the dominance of this segment

• Measurement of chemical concentration also accounted for a significant revenue share

• The growing use of products in pharmaceutical development and API testing processes is driving the growth of this segment

• In the current scenario, penetration of this technology is less; however, expanding applications in multiple end-use settings are anticipated to spur the revenue

• This form of UV-Vis spectroscopy marked its major usage in chemical industry and painting & coating industry

• High use of spectroscopy for monitoring of wet chemical processes has boosted the revenue growth in the chemical industry

• North America dominated the 2018 revenue share owing to the presence of highly regulated industries in the U.S.

• Growing demand for robust technologies in the highly regulated industries has contributed to the dominance of this region

• Rising adoption of spectroscopy service in countries like India, Singapore, and South Korea is expected to drive the Asia Pacific market at a lucrative CAGR

• Companies operating in the space include Endress+Hauser Management AG; ColVisTec AG Inc.; X-Rite, Advanced Vision Technology Ltd Applied Analytics, Inc.; Color Consult; AMETEK, Inc.; Hunter Associates Laboratory, Inc.; Uniqsis Ltd; Kemtrak AB; Guided Wave, Inc.; and Equitech Int’l Corporation

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In-line UV-vis Spectroscopy Market Segmentation

Grand View Research has segmented the global in-line UV-Vis spectroscopy market on the basis of application, end-use, and regions:

Application Outlook (Revenue, USD Million, 2015 – 2026)                                                        

    • Color Measurement                                

    • Chemical Concentration

    • Turbidity & Haze Measurement        

    • Thickness Measurement           

End-use Outlook (Revenue, USD Million, 2015 – 2026)                                                                  

    • Plastics Market

    • Chemical Industry

    • Food & Beverages

    • Pharmaceutical Industry

    • Painting & Coating Industry

    • Others

Regional Outlook (Revenue, USD Million, 2015 – 2026)

     • North America       

        • U.S.

        • Canada

     • Europe

        • Germany

        • U.K.

     • Asia Pacific

        • China

        • Japan

     • Latin America

        • Brazil

     • Middle East & Africa

        • South Africa     

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Process Spectroscopy Market Size, Share & Trends Analysis Report By Technology (Molecular, Mass, Atomic), By Application (Pharmaceutical, Food & Agriculture), By Component, And Segment Forecasts, 2018 – 2025

About Grand View Research

Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.

Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients. 

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