The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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The global molecular spectroscopy market is segmented on the basis of technology, type,application, and geography.Based on technology, the global molecular spectroscopy market is segmented into nuclear magnetic resonance (NMR) spectroscopy, UV visible spectroscopy, infrared (IR) spectroscopy, near infrared spectroscopy (NIR), Ramanspectroscopy and others. In 2016, NMR spectroscopy dominated the market with a share of 36.4% and isexpected to domination in the forecast period 2017 to 2024.

The global molecular spectroscopy market is segmented on the basis of technology, type,application, and geography.

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the global molecular spectroscopy market is segmented into nuclear magnetic resonance (NMR) spectroscopy, UV visible spectroscopy, infrared (IR) spectroscopy, near infrared spectroscopy (NIR), Ramanspectroscopy and others.

Based on product types, the IR spectroscopy market is segmented into bench top, infrared microscopy, portable,hyphenated and terahertz IR spectroscopy. Terahertz IR spectroscopy is the highest growing market segment.

The NIR spectroscopy is again further categorized into scanning, Fourier transform, portable/handheld and filterNIR spectroscopy. Based on product type, Raman spectroscopy is further segmented into micro Raman, probe based and FTRaman.

On the basis of application, the global molecular spectroscopy market is classified into pharmaceutical, food andbeverages, environmental testing, biotechnology, academics and research and, others.

Based on geography, the market is segmented into five geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa.

The geographical regions are further segmented into 29 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.

Global pharmaceutical companies are adopting cost cutting strategies such as alliances and acquisitions to jointly conduct R&D activities and to focus on the development of niche products such as ‘orphan drugs’. Spectroscopy has numerous applications in protein analysis and purification, and quality control of raw materials and APIs. Thus, the growth in R&D spending is likely to increase the application horizon of molecular spectroscopy instruments.

Some of the major players operating in this market are
• Bruker Corporation
• Thermofisher Scientific, Inc.
• Agilent Technologies
• ABB, Avantes
• Block Engineering
• Carl Zeiss Spectroscopy GmbH
• Cobalt Light Systems Ltd
• Galaxy Scientific
• Gasera, Ibsen Photonics
• Industrial Test Systems, Inc.
• Kaiser Optical Systems, Inc.
• Keit Spectrometers
• Magritek
• EMD Millipore Corporation
• PerkinElmer Inc.
• Raptor Photonics PLC
• Shimadzu Corporation
• Spectral Evolution
• Viavi Solutions
• WITec GmbH
• B&W Tek, StellarNet
• Si-WareSystems
• Foss, Jasco, Inc.
• Jeol Ltd.

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