On the basis of region, the spectroscopy Instruments market is divided into North America, Europe, Asia, and the Rest of the World (consisting of Latin America, the Pacific countries, the Middle East, and Africa).
The key factors that are expected to spur the growth of spectroscopy Instruments market are the growing semiconductors industry, increasing demand for nanotechnology, demand for automobiles, and technological advancements. On the other hand, the high cost of instruments, sluggish economy (especially in the European countries and the U.S.), and lack of trained professionals are restricting the growth of this market to a certain extent.
Some of the major players in the spectroscopy Instruments market include Oxford Instruments plc (U.K.), AMETEK, Inc. (U.S.), Bruker Corporation (U.S.), Thermo Fisher Scientific, Inc. (U.S.), JEOL Ltd. (Japan), FEI Company (U.S.), Shimadzu Corporation (Japan), Rigaku Corporation (Japan), and IXRF Systems, Inc. (U.S.), among others.
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