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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.
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.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Buying criteria
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Key vendor analysis
PART 17: Appendix
PART 18: Explore Technavio
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