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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About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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