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The global flame photometer market is expected to witness incremental growth opportunities over the forthcoming decade. Demand in the market is underpinned by rising application of flame photometer in clinical laboratories for determining sodium, calcium ions, potassium, and lithium in body fluids.
Report Attribute |
Details |
Flame photometer Market Estimated Base Year Value (2022) |
~US$ 1.6 Billion |
Asia Pacific Flame Photometer Market Share (2022) |
~ 13.7% |
Flame Photometer Market Projected Growth Rate (2022-2032) |
~10% - 11% CAGR |
Rising application of flame photometer, rapid industrialization, and growing research and development activities will drive the demand in the market. Flame photometer comprises of five fundamental components including flame, a mixing chamber, color filters, a nebulizer, and photo-detector.
Different flame photometers are used in various industries, such as automotive, aerospace, biomedical, research, as well as process industries such as petrochemicals, water & wastewater management.On account of these aforementioned factors, the overall sales of flame photometers are expected to reach US$ 1.6 Bn by the end of 2022, registering a CAGR of around 10% to 11% between 2022 and 2032.
Flame photometer is increasingly used for detecting and verifying the concentration of earth alkaline components and alkaline in petrochemical and biomedical industries. This is expected to boost the sales in the market.
Besides this, expansion of water & waste water management industry in Asia Pacific countries such as India and China will push the adoption of flame photometer. Integration of intelligent security mechanism and need for high measurement equipment in diverse industries will push the sales over the projection period.
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High initiation cost of flame photometers is one of the major factors restraining the growth in the market. Also, international strict regulations and standards set by government is encouraging manufacturers to develop advanced flame photometers.
However, emerging players in low-and middle-income countries are facing challenge due to the stringent regulations. This is likely to limit the sales of flame photometers in emerging economies.
According to Future Market Insights, North America is expected to dominate the global flame photometer market. With rapid industrialization and expansion of biomedical industry in the U.S., the market is expected to witness impressive growth over the forecast period.
As per the study, the increase in research and development activities in the development advanced laboratory flame photometer will boost the demand in North America. Further, application of industrial flame photometer in aerospace industry will drive the sales in the U.S.
As per the study, Asia Pacific is expected to be the second-largest flame photometer market. Sales of flame photometer in Asia Pacific are expected to contribute over 13.7% of overall demand share in 2022.
Growing application of laboratory and industrial flame photometer in biomedical, pharmaceutical, and aerospace industries will fuel the growth in the region. Besides this, favorable government policies to promote the growth in industrial sector will boost the adoption in India and China.
As these photometers are cost-effective and advent of advanced flame photometers in India and China will propel the growth in Asia Pacific flame photometer market. According to FMI, Europe is expected to retain the dominance, accounting for around 11% of demand share in the market.
Some of the key participants present in the global flame photometer market include Simtronics Advanced Technical Services, Agilent, Bibby Scientific, Burkard Scientific, and BWB Technologie samong others.
Key players in the global flame photometer market are introducing new product launches to increase their revenues. Some of the players are forming alliances with leading end users to strengthen their presence in the industry.
Meanwhile, some of the other players are adopting inorganic growth strategies such as mergers and acquisition to expand their customer base.
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Report Attribute |
Details |
Base Year for Estimation |
2021 |
Historical Data |
2015-2020 |
Forecast Period |
2022-2032 |
Quantitative Units |
Revenue in USD Billion and CAGR from 2022-2032 |
Report Coverage |
Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
|
Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization |
Available Upon Request |
By Product Type:
By End Use:
Region:
FMI projects the global flame photometer market to reach US$ 1.6 Bn during the forecast period.
As per FMI, Asia Pacific will remain one of the most lucrative flame photometer market, followed by Europe during the forecast period.
Sales of flame photometer in Europe are expected to account for over 12% of overall market share in 2022.
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