South America IR Spectroscopy Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology (Near-infrared, Mid-infrared, and Far-infrared), Product Type (Benchtop Spectroscopes, Micro Spectroscopes, Portable Spectroscopes, and Hyphenated Spectroscopes), and End-user (Healthcare, Chemicals, Oil and Gas, Food and Beverages, and Other End-users)

TIPRE00022211 | Pages: 127 | Electronics and Semiconductor | May 2021 | Type: Regional | Status: Published

Market Introduction

IR spectroscopy market in South America is segmented into Brazil and Argentina. Despite many economic challenges, favorable government initiatives would propel the growth of the region’s economy during the forecast period. The region has the highest urbanization rate worldwide owing to the government initiatives that support the industrial growth. With the growth in industrial sector, the scope of integrating advanced technologies for sampling testing is expected to increase. Brazil, Argentina, and Chile are among the countries witnessing the growth in the healthcare sector with the adoption of advanced healthcare solutions for analyzing the samples. Thus, the use of advanced technology to provide diagnostic and disease detecting services is anticipated to propel the adoption of spectroscopes. Additionally, it is estimated that by 2025, nearly 75% of the region’s population would subscribe to mobile services; therefore, the growing mobile penetration would present South America an opportunity for various IR spectroscopes. In addition to rising use of smartphones, the advent of mobile-based IR spectroscopes systems will contribute toward the market growth. Moreover, Plataforma Saúde, a Brazilian organization, is planning to capitalize smartphone technology to give access to healthcare with respect to medical examinations for identifying chronic lifestyle diseases such as hypertension, heart ailments, and diabetes of any individuals.

According to latest situation report from the World Health Organization (WHO), Brazil, Argentina, Colombia, and Peru are some of the worst affected countries due to COVID-19 outbreak. The COVID-19 crisis is affecting the industries worldwide and the global economy is anticipated to take a worst hit in 2020 and likely in 2021. The outbreak has created significant disruptions in primary industries such as food & beverage, medical, energy & power, electronics & semiconductor, petroleum, and chemicals. A sharp decline in the growth of mentioned industrial activities is impacting the growth of the South America IR spectroscopy market as they are the major supply and demand sources for IR spectroscopy products and solutions. The factory shutdowns, travel bans, trade bans, and border lockdowns to combat and contain the outbreak have impacted manufacturing, supply, and sales of various electronic components that are required for the manufacturing of IR spectroscopy.


Get more information on this report :



Market Overview and Dynamics

The IR spectroscopy market in South America is expected to grow expected to reach US$ 114.90 million by 2028 from US$ 82.03 million in 2020. The market is estimated to grow at a CAGR of 4.5% from 2021 to 2028. Portable spectrometers or handheld spectrometers enable the researchers to analyze varied samples on the go. Identification of raw materials, field analysis of samples, and forensic analysis, are among the applications of portable spectroscopes. Moreover, portable spectroscopes provide analysis capabilities similar to benchtop models. Compatibility for specific applications, software and interface, spectral range, integration to mobile or computer, and accuracy are among the notable factors to be considered while buying portable spectrometer. Metrohm Instant Raman Analyzers (Mira P), ASD QualitySpec Trek Portable Spectrometer (Malvern Panalytical), RapID Portable Raman Raw Material ID Verification (Agilent Technologies), and TerraSpec Halo Portable Mineral Analyzer, (Malvern Panalytical) are some of the portable spectroscopes along with the name of their providers. In the last few years, the IR spectroscopy has witnessed the arrival of handheld/portable laser-induced breakdown spectroscopy (LIBS) and smartphone spectroscopy concentrating on medical diagnostics for low-resource areas. The emergence and capabilities of portable instruments have increased drastically in the last 20 years, along with becoming compact and lighter. Pertaining to the factors such as developments in computing power, consumer electronics, constant R&D, and manufacturing advancement for the production of instruments are contributing toward the adoption of portable spectroscopy.

Key Market Segments

In terms of technology, the mid-infrared segment accounted for the largest share of the South America IR spectroscopy market in 2020. In terms of product type, the benchtop spectroscopes segment held a larger market share of the South America IR spectroscopy market in 2020. Further, the healthcare segment held a larger share of the South America IR spectroscopy market based on end-user in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on South America IR spectroscopy market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Agilent Technologies, Inc.; Bruker Corporation; Carl Zeiss AG; Hitachi, Ltd.; Horiba, Ltd.; JASCO; International Co., Ltd.; Lumex Instruments; PerkinElmer, Inc.; Shimadzu Corporation; and Thermo Fisher Scientific Inc. among others.

Reasons to buy report

  • To understand the South America IR Spectroscopy Market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for South America IR Spectroscopy Market
  • Efficiently plan M&A and partnership deals in South America IR Spectroscopy Market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form South America IR Spectroscopy Market Obtain market revenue forecast for market by various segments from 2021-2028 in South America region.

South America IR Spectroscopy Market Segmentation:

South America IR Spectroscopy Market – By Technology

  • Near-infrared
  • Mid- infrared
  • Far-infrared

South America IR Spectroscopy Market – By Product Type

  • Benchtop Spectroscopes
  • Micro Spectroscopes
  • Portable Spectroscopes
  • Hyphenated Spectroscopes

South America IR Spectroscopy Market – By End-user

  • Healthcare
  • Chemicals
  • Oil and Gas
  • Food and Beverages
  • Other End-users

South America IR Spectroscopy Market – By Country

  • Argentina
  • Brazil
  • Rest of South America 

South America IR Spectroscopy Market - Company Profiles

  • Bartec
  • BriskHeat
  • Chromalox
  • Eltherm GmbH
  • Emerson Electric Co.
  • Mineral Insulated Cable Company (MICC) Ltd.
  • Thermocoax Group
  • Thermon
  • Valin         

TABLE OF CONTENTS

1.            Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        South America IR Spectroscopy Market – By Technology

1.3.2        South America IR Spectroscopy Market – By Product Type

1.3.3        South America IR Spectroscopy Market – By End-user

1.3.4        South America IR Spectroscopy Market- By Region

2.            Key Takeaways

3.            Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.            South America IR Spectroscopy Market Landscape

4.1       Market Overview

4.2       South America PEST Analysis

4.3       Ecosystem Analysis

4.4       Expert Opinion

5.            South America IR Spectroscopy Market – Key Market Dynamics

5.1       Key Market Drivers

5.1.1        Escalating Applications in Pharmaceutical and Healthcare Industry

5.2       Key Market Restraints

5.2.1        High Priced IR Spectroscopy Solutions

5.3       Key Market Opportunities

5.3.1        Approaching Growth Opportunity in Food Industry

5.4       Future Trends

5.4.1        Emergence of Portable/Handheld Spectrometers

5.5       Impact Analysis of Drivers and Restraints

6.            South America IR Spectroscopy Market – Market Analysis

6.1       South America IR Spectroscopy Market Global Overview

6.1.1        South America: IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

7.            South America IR Spectroscopy Market Analysis – By Technology

7.1       Overview

7.2       South America IR Spectroscopy Market, By Technology (2020 and 2028)

7.3       Near-infrared

7.3.1        Overview

7.3.2        Near-infrared: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

7.4       Mid-infrared

7.4.1        Overview

7.4.2        Mid-infrared: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

7.5       Far-infrared

7.5.1        Overview

7.5.2        Far-infrared: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

8.            South America IR Spectroscopy Market – By Product Type

8.1       Overview

8.2       South America IR Spectroscopy Market, by Product Type (2020 and 2028)

Benchtop Spectroscopes

8.2.1        Overview

8.2.2        Benchtop Spectroscopes: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

8.3       Micro Spectroscopes

8.3.1        Overview

8.3.2        Micro Spectroscopes: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

8.4       Portable Spectroscopes

8.4.1        Overview

8.4.2        Portable Spectroscopes: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

8.5       Hyphenated Spectroscopes

8.5.1        Overview

8.5.2        Hyphenated Spectroscopes: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

9.            South America IR Spectroscopy Market – By End-User

9.1       Overview

9.2       South America IR Spectroscopy Market, by End-User (2020 and 2028)

9.3       Healthcare

9.3.1        Overview

9.3.2        Healthcare: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

9.4       Chemicals

9.4.1        Overview

9.4.2        Chemicals: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

9.5       Oil and Gas

9.5.1        Overview

9.5.2        Oil and Gas: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

9.6       Food and Beverages

9.6.1        Overview

9.6.2        Food and Beverages: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

9.7       Other End-Users

9.7.1        Overview

9.7.2        Other End-Users: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

10.         South America IR Spectroscopy Market – Country Analysis

10.1    Overview

10.1.1.1   Brazil: IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1    Brazil: IR Spectroscopy Market- by Technology

10.1.1.1.2    Brazil: IR Spectroscopy Market- By Product Type

10.1.1.1.3    Brazil: IR Spectroscopy Market- By End-user

10.1.1.2   Argentina: IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1    Argentina: IR Spectroscopy Market- by Technology

10.1.1.2.2    Argentina: IR Spectroscopy Market- By Product Type

10.1.1.2.3    Argentina: IR Spectroscopy Market- By End-user

10.1.1.3   Rest of South America: IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1    Rest of South America: IR Spectroscopy Market- by Technology

10.1.1.3.2    Rest of South America: IR Spectroscopy Market- By Product Type

10.1.1.3.3    Rest of South America: IR Spectroscopy Market- By End-user

11.         South America IR Spectroscopy Market- COVID-19 Impact Analysis

11.1    Overview

11.2    South America

12.         Industry Landscape

12.1    Overview

12.2    Market Initiative

12.3    New Product Development

13.         Company Profiles

13.1     Agilent Technologies, Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2    Bruker Corporation

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3    Hitachi, Ltd.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4    Horiba, Ltd.

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5    JASCO International Co., Ltd.

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6    PerkinElmer, Inc.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7    Shimadzu Corporation

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8    Thermo Fisher Scientific Inc.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9    Lumex Instruments

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10 Carl Zeiss AG

13.10.1   Key Facts

13.10.2   Business Description

13.10.3   Products and Services

13.10.4   Financial Overview

13.10.5   SWOT Analysis

13.10.6   Key Developments

14.         Appendix

14.1    About The Insight Partners

14.2    Word Index

LIST OF TABLES

Table 1.            Brazil: IR Spectroscopy Market- by Technology –Revenue and Forecast to 2028 (US$ Million)

Table 2.            Brazil: IR Spectroscopy Market- By Product Type –Revenue and Forecast to 2028 (US$ Million)

Table 3.            Brazil: IR Spectroscopy Market- By End-user –Revenue and Forecast to 2028 (US$ Million)

Table 4.            Argentina: IR Spectroscopy Market- by Technology –Revenue and Forecast to 2028 (US$ Million)

Table 5.            Argentina: IR Spectroscopy Market- By Product Type –Revenue and Forecast to 2028 (US$ Million)

Table 6.            Argentina: IR Spectroscopy Market- By End-user –Revenue and Forecast to 2028 (US$ Million)

Table 7.            Rest of South America: IR Spectroscopy Market- by Technology–Revenue and Forecast to 2028 (US$ Million)

Table 8.            Rest of South America: IR Spectroscopy Market- By Product Type –Revenue and Forecast to 2028 (US$ Million)

Table 9.            Rest of South America: IR Spectroscopy Market- By End-user –Revenue and Forecast to 2028 (US$ Million)

Table 10.          List of Abbreviation

LIST OF FIGURES

Figure 1.           South America IR Spectroscopy Market Segmentation

Figure 2.           South America IR Spectroscopy Market Segmentation – By Country

Figure 3.           South America IR Spectroscopy Market Overview

Figure 4.           Mid-infrared Segment Held the Largest Market Share in 2020

Figure 5.           Benchtop Spectroscopes Held the Largest Market Share in 2020

Figure 6.           Healthcare End-user Held the Largest Market Share in 2020

Figure 7.           Argentina was the Largest Revenue Contributor in 2020

Figure 8.           South America – PEST Analysis

Figure 9.           South America IR Spectroscopy Market– Ecosystem Analysis

Figure 10.        Expert Opinion

Figure 11.        IR Spectroscopy Market: Impact Analysis of Drivers and Restraints

Figure 12.        South America: IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        SAM: IR Spectroscopy Market Revenue Share, By Technology (2020 and 2028)

Figure 14.        Near-infrared: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Mid-infrared South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Far-infrared South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        South America: IR Spectroscopy Market Revenue Share, By Product Type (2020 and 2028)

Figure 18.        Benchtop Spectroscopes: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Micro Spectroscopes: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Portable Spectroscopes: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Hyphenated Spectroscopes: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        South America: IR Spectroscopy Market Revenue Share, By End-user (2020 and 2028)

Figure 23.        Healthcare: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Chemicals: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Oil and Gas: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Food and Beverages: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Other End-Users: South America IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        South America: IR Spectroscopy Market, by Key Country – Revenue (2020) (USD Million)

Figure 29.        South America: IR Spectroscopy Market Revenue Share, By Key Country (2020 and 2028)

Figure 30.        Brazil: IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Argentina: IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Rest of South America: IR Spectroscopy Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Impact of COVID-19 Pandemic in South America Country Markets

The List of Companies - South America IR Spectroscopy Market

  1. Agilent Technologies, Inc.
  2. Bruker Corporation
  3. Carl Zeiss AG
  4. Hitachi, Ltd.
  5. Horiba, Ltd.
  6. JASCO International Co., Ltd.
  7. Lumex Instruments
  8. PerkinElmer, Inc.
  9. Shimadzu Corporation
  10. Thermo Fisher Scientific Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South America IR spectroscopy market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in South America IR spectroscopy market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth South America market trends and outlook coupled with the factors driving the IR spectroscopy market as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution  
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Purchase Options
Single User License
$3000
$1800
Site License
$4000
$2400
Enterprise License
$5000
$3000