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Portable Analytical Instruments Market Worth 9.55 Billion USD by 2020

PUNE, India, April 15, 2016 /PRNewswire/ --

According to a new market research report "Portable Analytical Instruments Market by Product (pH Meters, Conductivity and Resistivity Meters, TOC Analyzers), Technology (XRF, FTIR, LIBS, NIR & Elemental Analysis), End Users (Food and Beverage Industry), Geography - Global Forecast to 2020", published by MarketsandMarkets, The market is projected to reach USD 9.55 Billion by 2020 from USD 8.10 Billion in 2015, growing at a CAGR of 3.3% between 2015 and 2020.

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Browse 79 market data Tables and 85 Figures spread through 173 Pages and in-depth TOC on "Portable Analytical Instruments Market"

http://www.marketsandmarkets.com/Market-Reports/portable-analytical-instruments-market-193776009.html

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Growing food and environmental concerns, availability of low-cost and easy-to-operate portable analytical instruments, and increasing healthcare expenditure are primary factors expected to drive the Portable Analytical Instruments Market.

The market is segmented on the basis of product, technology, and end user. By product, the market includes TOC analyzers, dissolved carbon dioxide & oxygen meters, titrators, refractometers, pH meters, spectrometers, gas analyzers, conductivity & resistivity meters, colorimeters, thermal analyzers, and others (thermometers and balances). The pH meters segment is expected to hold the largest share and grow at the highest CAGR in the Portable Analytical Instruments Market due to the wide use of pH meters in many applications across chemical industry, pharmaceutical & biotechnology companies, food & beverage industry, water testing, petrochemical industry, and pulp & paper industry.

The technologies included in this report are spectroscopic analysis, elemental analysis, and others (thermal analysis and electrochemical analysis). Spectroscopic analysis is further sub segmented into X-ray fluorescence (XRF), near-infrared spectroscopy (NIR), Raman spectroscopy, Fourier transform infrared spectroscopy (FTIR), laser-induced breakdown spectroscopy (LIBS), and others (ion mobility spectroscopy and spectral imaging). The FTIR spectroscopy segment is expected to register the highest growth due to its advanced features such as higher accuracy and resolution, shorter scan time, and wider scan range than other infrared spectroscopic techniques.

End users included in this report are food and beverage industry, pharmaceutical and biotechnology companies, environmental testing industry, and academic and government institutions. The food and beverage industry is estimated to dominate the Portable Analytical Instruments Market in 2015 due to the significant use of portable analytical instruments owing to growing food safety concerns.

Talk To Our Research Experts: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=193776009

The geographic segments included in this report are the North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is further segmented into the U.S. and Canada. North America is expected to hold the largest share of this market in 2015, while Asia-Pacific is expected to grow at the highest rate. With the rising food, environment, and drug safety concerns in Asia-Pacific, the demand for portable analytical instruments in this region is expected to grow, which in turn will compel the key players to expand their geographical presence in this region. This will boost the market in the region.

Major players in the global Portable Analytical Instruments Market are Thermo Fisher Scientific, Inc. (U.S.), B&W Tek (U.S.), Danaher Corporation (U.S.), Bruker Corporation (U.S.), and Shimadzu Corporation (Japan). Other players in this market are Agilent Technologies (U.S.), Teledyne Technologies, Inc. (U.S.), Spectris plc (U.K.), Jasco Inc. (U.S.), and HORIBA Ltd. (Japan).

Browse Related Reports: 

Atomic Spectroscopy Market by Technology (Atomic Absorption Spectroscopy/X-Ray Fluorescence/X-Ray Diffraction/ICP-Ms/ICP-OES) & by Application (Food & Beverage Testing/Pharmaceuticals & Biotechnology / Environmental Testing) - Analysis & Global Forecast to 2020.

http://www.marketsandmarkets.com/Market-Reports/atomic-spectroscopy-market-174401666.html

Molecular Spectroscopy Market by Technology [NMR (FT, Continuous Wave), UV-Visible (Photodiode Array, Handheld), IR (Terahertz, Benchtop), NIR (FT-NIR) Raman (SERS, TERS, FT Raman)] & by Application (Pharmaceutical, Food) - Forecast to 2018.

http://www.marketsandmarkets.com/Market-Reports/molecular-spectroscopy-market-50034395.html

About MarketsandMarkets: 

MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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