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Research and Markets: Insights on the IR Spectroscopy Global Market to 2027 - Featuring Bayspec, Foss and Horiba Among Others

The "IR Spectroscopy Global Market Trajectory Analytics" report has been added to ResearchAndMarkets.com's offering. Amid the COVID-19 crisis, the global market for IR Spectroscopy estimated at US$963.9 ....

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Insights on the IR Spectroscopy Global Market to 2027 - Featuring Bayspec, Foss and Horiba Among Others - ResearchAndMarkets.com

Insights on the IR Spectroscopy Global Market to 2027 - Featuring Bayspec, Foss and Horiba Among Others - ResearchAndMarkets.com
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The Worldwide Infrared & Terahertz Spectroscopy Industry is Expected to Reach $1.3 Billion by 2025

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The infrared spectroscopy market is expected to reach USD 1.3 billion by 2025 from USD 1.0 billion in 2020, at a CAGR of 5.2% during the forecast period.
Growth in the market can primarily be attributed to factors such as stringent regulations in the pharmaceutical industry, growing food safety concerns, increasing government in Infrared technologies and technological advancements in the market.
The terahertz spectroscopy market is expected to reach USD 45 million by 2025 from USD 30 million in 2020, at a CAGR of 8.3% during the forecast period. Growth in the market can primarily be attributed to factors such as increasing applications of terahertz spectroscopy as a screening technique in homeland security, the growing semiconductor industry, and technological advancements. ....

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