North America is expected to hold dominant position in the market and is also expected to show significant growth in the spectrometer market, due to increasing launch of novel products in the region by key players. For instance, in February 2018, Thermo Fisher Scientific, a U.S.-based company, launched TSQ 9000 Triple Quadrupole GC-MS/MS System. This system has been designed to increase productivity, with enhanced sensitivity, and it also reduces maintenance related downtime by 98%. Europe ... Read more

Spectrophotometers have been indispensable tools in laboratories, industries, and research institutions for decades, serving as instruments that analyse the interaction between light and matter. These devices are used to measure the concentration of substances, identify chemical compounds, and determine the purity of samples with incredible precision. The spectrophotometer market has witnessed significant growth in recent years, driven by advancements in technology, increasing applications ... Read more

The spectrophotometer market is estimated to be valued at US$ 18.75 Bn in 2023 and is expected to exhibit a CAGR of 7.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
A spectrophotometer is an instrument used to measure how much light is absorbed by a sample. It employs light in the visible, near-ultraviolet, or near-infrared regions of the electromagnetic spectrum. It uses ... Read more