DUBLIN, Jan. 27, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/przznd/atomic) has announced the addition of the "Atomic Spectroscopy Market by Technology & by Application - Analysis & Global Forecast to 2020" report to their offering.
The atomic spectroscopy market is expected to reach $5.60 Billion in 2020 from $4.18 Billion in 2015 at a CAGR of 6.0%. The market is dominated by North America, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). Asia-Pacific is expected to grow at the fastest rate during the forecast period
The demand for atomic spectroscopy systems has been on the rise due to the burgeoning requirements of the life sciences and pharmaceutical industries as wells as the substantial demand from the chemical and petrochemical industries.
Various regulatory authorities across industries have enforced stringent safety regulations in order to ensure that the products launched in the market adhere to quality specifications.
The use of atomic spectroscopy technologies facilitate the compliance with these regulations by enabling the measurement and monitoring of the level of metals in samples.
The key factors expected to spur the growth of the atomic spectroscopy market are increased investments, funding, and grants by government bodies worldwide; ongoing new product launches; technological advancements; increase in the number of conferences, which helps to create awareness of the techniques; and growing concerns for food and drug safety. However, the high cost of equipment and the need for highly trained professionals are likely to restrain the growth of this market.
Companies Mentioned:
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Atomic Spectroscopy Market, By Application
7 Atomic Spectroscopy Market, By Technology
8 Atomic Spectroscopy Market, By Region
9 Competitive Landscape
10 Company Profiles
For more information visit http://www.researchandmarkets.com/research/przznd/atomic
Media Contact:
Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets
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