Trace Chemical Detector Market

Trace Chemical Detector Market: Increasing Demand for Advanced Technology Enabled Products for Defense & Security Applications to Assist Growth: Global Industry Analysis 2013–2018 & Opportunity Assessment 2019-2027

  • 2019-03-27
  • REP-GB-8998
  • 153 Tables
  • 117 Figures
  • 120 pages
  • PDF PPT EXCEL
 Trace Chemical Detector Market

An Incisive, In-depth Analysis on the Trace Chemical Detector Market

This study offers a comprehensive, 360 degree analysis on the Trace Chemical Detector market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Trace Chemical Detector market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Trace Chemical Detector Market - Key Research Findings

  1. Trace chemical detector market size in 2018 – Nearly US$ 2 Mn 

  1. The trace chemical detector market revenue is expected to increase at a CAGR of 7.2% over 2019-2027. 

  1. North America and Europe are expected to remain the largest regional markets for trace chemical detectors. 

  • Increasing research investments are expected to boost substantial demand generation in trace chemical detector market. 

  1. Asia Pacific positioned as a lucrative regional pocket for trace chemical detector market players. 

  • Rapid infrastructural development in recent past has been cited as a key factor pushing demand for trace chemical detector within Asian region, particularly in China and India. 

  1. Portable trace chemical detectors will remain the most preferred type of trace chemical detector in the global market through 2027. 

  • Convenience through portability feature, high accuracy of testing results, and reliability in terms of operation, portable trace chemical detectors have been dominating the demand scenario of trace chemical detector market.

Top 3 Factors Shaping the Trace Chemical Detector Market

  • Stringent Regulations Pertaining to Chemical Safety Boosting the Market

The increasing criticality of inspection of various healthcare-related products according to respective regulatory framework is driving rate of adoption of trace chemical detectors in the global market. For an instance, the tests performed on various medicines, such as stability testing, shelf life testing, and expiration date testing are mandatory in the healthcare industry. Soaring usage of trace chemical detectors in medicine testing is one of the prime factors fueling the demand for trace chemical detectors, according to FMI’s report.

  • Defense Industry Accounts for a Significant Portion of Global Demand for Trace Chemical Detectors

Extensive usage of trace chemical detectors in the defense sector for multiple applications such as chemical weapon detection, narcotics detection, hazardous chemical detection, trace explosives detection, and VIP security is supplementing the demand growth. Growing adoption of trace chemical detectors in the defense sector will remain an important booster for the growth of trace chemical detector market.

Moreover, growing availability of application-specific trace chemical detectors such as portable instrument for mobile usage and benchtop instrument for laboratory testing application will significantly support the trace chemical detector market growth.

  • Presence of Prominent Market Players In Specific Regions is Boosting Growth

The presence of prominent trace chemical detector manufacturers is playing a vital role in shaping market performance in Europe and North America. Rising investments in the defense sector by governments in developed regions have also been creating several profitable opportunities for key market players in the trace chemical detector landscape.

While APEJ’s defense industry has been incorporating multiple technological advances into operations over the recent past, the adoption rate of trace chemical detector is more likely to elevate in the years to come, within the region.

Trace Chemical Detector Market Structure Analysis

  • The global trace chemical detector market represents an amalgamated competition landscape, wherein, more than 45% share is held by Tier 1 companies.

  • A majority of leading companies active in the trace chemical detector market are adopting developmental strategies targeting Western European and the North American markets.

  • Several manufacturers of trace chemical detectors are also expected to capitalize on the growing expanse of E-commerce, in an effort to extend availability of their offerings targeting a broader consumer base.

  • In line with continues dominance of portable trace chemical detectors, a number of market participants are investing in technological, aesthetic, and operational innovations of portables.

  • Shimadzu Corporation, one of the pioneers in developing innovative sulphur detection systems, recently launched a highly sensitive and selective sulphur (chemiluminescence) detection system - Nexis SCD-2030 – particularly to help petrochemical industry operators detect sulphur traces in fuel. 

FMI recent market study titled “Trace Chemical Detector Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2019 – 2027” comprises a comprehensive assessment of the key market dynamics. Upon conducting research on the historic as well as current growth parameters of the trace chemical detector market, the growth prospects of the trace chemical detector market have been obtained with maximum precision.

The report features the unique and salient factors that are likely to have a significant impact on the development of the trace chemical detector market during the forecast period. These factors can help market players modify their manufacturing and marketing strategies to envisage maximum growth in the trace chemical detector market in the coming years. The report provides detailed information about the current and future growth prospects of the trace chemical detector market in the most comprehensive manner for the better understanding of readers.

Chapter 1 – Executive Summary

The report commences with the executive summary of the trace chemical detector market, which includes a summary of the key findings and statistics. It also includes the market value (US$ million) estimates of the prominent segments of the trace chemical detector market.

Chapter 2 – Market Introduction

In this section, readers can find a detailed taxonomy and definitions pertaining to the trace chemical detector market, which will help them understand the basic information about the market dynamics, company share, cost structure, pricing analysis, list of key distributors & suppliers, and a list of the key market participants in the trace chemical detector market.

Chapter 3 – Global Trace Chemical Detector Market Analysis 2013-2018 & Opportunity Assessment 2019-2027 by Test Type

Based on the test type, the trace chemical detector market has been segmented into narcotics, hydrocarbon, composites, metal & alloys, and polymers. In this chapter, readers can find information about the key trends and developments in the trace chemical detector market and a market attractive analysis based on the test type for each region.

Chapter 4 – Global Trace Chemical Detector Market Analysis 2013-2018 & Opportunity Assessment, 2019-2027 by Product Type

Based on the product type, the trace chemical detector market has been segmented into benchtop and portable. In this chapter, readers can find information about the key trends and developments related to the trace chemical detector market by product type.

Chapter 5 – Global Trace Chemical Detector Market Analysis 2013-2018 & Opportunity Assessment, 2019-2027 by End User

 

Based on end use, the trace chemical detector market has been segmented into various industries, such as security & defence, aerospace, oil & gas, chemical & pharmaceutical, and healthcare & research. In this chapter, readers can find information about the key trends and developments in the trace chemical detector market and market attractive analysis based on end user for each region.

Chapter 6 – Global Trace Chemical Detector Market Analysis 2013-2018 & Opportunity Assessment, 2019-2027 by Application

Based on the application, the trace chemical detector market has been segmented into various applications, such as explosive & narcotics detection, building protection, subway protection, chemical weapon detection, petrochemical testing, and chemical research. In this chapter, readers can find information about the key trends and developments in the trace chemical detector market and a market attractive analysis based on the applications for each region.

Chapter 7 – Global Trace Chemical Detector Market Analysis 2013-2018 & Opportunity Assessment, 2019-2027 by Region

This chapter explains how the trace chemical detector market is expected to grow across various geographic regions such as North America, Latin America, Europe, Japan, APEJ, and the Middle East & Africa (MEA).

Chapter 8 – North America Trace Chemical Detector Market Analysis 2013-2018 & Opportunity Assessment, 2019-2027

This chapter includes a detailed analysis of the growth of the North America trace chemical detector market, along with a country-wise assessment for the U.S. and Canada. Readers can also find information on the regional trends in the trace chemical detector market, along with regulations and company share analysis, as well as market growth on the basis of test type, end use, product type, application, and region.

Chapter 9 – Latin America Trace Chemical Detector Market Analysis 2013-2018 & Opportunity Assessment, 2019-2027

Readers can find detailed information about factors such as the pricing analysis of trace chemical detectors and the regional trends that are impacting the growth of the Latin America trace chemical detector market. This chapter also includes the growth prospects of the trace chemical detector market in prominent countries such as Brazil, Mexico, and the Rest of Latin America.

Chapter 10 – Europe Trace Chemical Detector Market Analysis 2013-2018 & Opportunity Assessment, 2019-2027

Important growth prospects of the trace chemical detector market based on test type, product type, application, and end user in several European countries, such as Germany, the U.K., France, Italy, Spain, and the rest of Europe, have been included in this chapter.

Chapter 11 – APEJ Trace Chemical Detector Market Analysis 2013-2018 & Opportunity Assessment, 2019-2027

India, China, Malaysia, Singapore, Australia, and the rest of APEJ, are the prominent regions in the APEJ market. Thus, they are the prime subjects of assessment to obtain the growth prospects of the APEJ trace chemical detector market. In this chapter, readers can find detailed information about the growth parameters of the APEJ trace chemical detector market for the period 2019-2027.

Chapter 12 – Japan Trace Chemical Detector Market Analysis 2013-2018 & Opportunity Assessment, 2019-2027

Japan is a prominent country in the Asia Pacific market. Thus, Japan is the prime subject of assessment to obtain the growth prospects of the Asia Pacific trace chemical detector market. In this chapter, readers can find detailed information about the growth parameters of the Japan trace chemical detector market for the period 2019-2027.

Chapter 13 – MEA Trace Chemical Detector Market Analysis 2013-2018 & Opportunity Assessment, 2019-2027

This chapter provides information about how the trace chemical detector market is expected to grow in major countries of the MEA region, such as GCC Countries, South Africa, and Israel during the period 2019-2027. Readers can find important factors that are estimated to have a significant impact on the growth of the trace chemical detector market in MEA during the forecast period. This chapter also provides an overview of the regulations, drivers, restraints, and trends prevalent in the MEA trace chemical detector market.

Chapter 14 – Competition Landscape, Company Share, and Company Profiles

In this chapter, readers can find a comprehensive list of all the leading manufacturers in the trace chemical detector market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the trace chemical detector report include ABB, Siemens, Hitachi High-Tech Analytical Science, Ametek (Ortec), Thermo Fisher Scientific, Horiba, Smiths Detection Inc., Bruker, FLIR® Systems, Inc., JFE Techno-Research Corporation, Autoclear, LLC, NSL Analytical Services, Inc., Westminster International Ltd., NUCTECH Company Limited, and Morphix Technologies.

Chapter 15 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the report.

Chapter 16 – Research Methodology

This chapter helps readers understand the research methodology followed to obtain various conclusions, important qualitative information, and quantitative information about the trace chemical detector market.

Trace Chemical Detector Market Reports - Table of Contents

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