Spectrophotometer Market

A spectrophotometer is an instrument that used for the measurement of transmittance or reflectance of solutions, transparent or opaque solids, such as polished glass, or gases. However they can also be designed to measure the diffusivity on any of the listed light ranges that usually cover around 200 nm - 2500 nm using different controls and calibrations.

A spectrophotometer, in general, consists of two devices; a spectrometer and a photometer. A spectrometer is a device that produces, typically disperses and measures light. A photometer indicates the photoelectric detector that measures the intensity of light.

First a collimator (lens) transmits a straight beam of light (photons) that passes through a monochromator (prism) to split it into several component wavelengths (spectrum). Then a wavelength selector (slit) transmits only the desired wavelengths. After the desired range of wavelength of light passes through the solution of a sample in cuvette, the photometer detects the amount of photons that is absorbed and then sends a signal to a galvanometer or a digital display.

Spectrophotometer Market contains market size and forecasts of Spectrophotometer in global, including the following market information:

Global Spectrophotometer Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Spectrophotometer Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Spectrophotometer companies in 2021 (%)

The global Spectrophotometer market was valued at 2473.6 million in 2021 and is projected to reach US$ 3015.6 million by 2028, at a CAGR of 2.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

UV-Visible Spectrophotometer Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Spectrophotometer include Agilent, Thermo Fisher, Hitachi, Shimadzu, PerkinElmer, Hach, Beckman Coulter, Xylem and VWR, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Spectrophotometer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Spectrophotometer Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Spectrophotometer Market Segment Percentages, by Type, 2021 (%)

UV-Visible Spectrophotometer

IR Spectrophotometer

Global Spectrophotometer Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Spectrophotometer Market Segment Percentages, by Application, 2021 (%)

Pharmaceutical

Biotechnology

Industrial Chemistry

Food and Beverage

Environmental

Others

Global Spectrophotometer Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Spectrophotometer Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Spectrophotometer revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Spectrophotometer revenues share in global market, 2021 (%)

Key companies Spectrophotometer sales in global market, 2017-2022 (Estimated), (Units)

Key companies Spectrophotometer sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Agilent

Thermo Fisher

Hitachi

Shimadzu

PerkinElmer

Hach

Beckman Coulter

Xylem

VWR

Biochrom

Analytik Jena

JASCO

BioTek

Bibby Scientific

PG Instruments

B&W Tek

INESA

Spectrum

Shanghai Lab-Spectrum Instruments