FT-IR stands for Fourier Transform InfraRed, the preferred method of infrared spectroscopy. In infrared spectrometer, IR radiation is passed through a sample. Some of the infrared radiation is absorbed by the sample and some of it is passed through (transmitted). The resulting spectrum represents the molecular absorption and transmission, creating a molecular fingerprint of the sample. Like a fingerprint no two unique molecular structures produce the same infrared spectrum. This makes infrared spectroscopy useful for several types of analysis.
FTIR spectrometers (Fourier Transform Infrared Spectrometer) are widely used in organic synthesis, polymer science, petrochemical engineering, pharmaceutical industry and food analysis. In addition, since FTIR spectrometers can be hyphenated to chromatography, the mechanism of chemical reactions and the detection of unstable substances can be investigated with such instruments.
The wild application fields and large downstream demand drive the FTIR Spectrometer industry developing.
There is also a certain space in the FTIR Spectrometer product demand market, so in the next years, the FTIR Spectrometer will continue developing rapidly.
The major producers include Thermo Fisher, Agilent, Perkin Elmer, Shimadzu, ABB, Bruker, and Thermo Fisher occupied 14.20% market share in 2015.
In China, the high-end FTIR Spectrometer products mainly rely on import from foreign developed countries, like US, Germany, Japan. To meet the large demand for the high-end products, Chinese manufacturers will invest much more on the R&D, which will certainly weaken the dependence of imports.
With the wild application fields, more and more investments will go into FTIR Spectrometer industry and FTIR Spectrometer industry has a bright future.


According to this study, over the next five years the FTIR Spectrometer market will register a 1.7% CAGR in terms of revenue, the global market size will reach USD 250 million by 2024, from USD 230 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in FTIR Spectrometer business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of FTIR Spectrometer market by product type, application, key manufacturers and key regions and countries.

This study considers the FTIR Spectrometer value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Portable Type
Laboratory Type
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Organic Synthesis
Polymer Science

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Thermo Fisher
Agilent
Perkin Elmer
Shimadzu
ABB
Bruker
Netzsch
Mettler Toledo
Jasco
Foss
MKS

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global FTIR Spectrometer consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of FTIR Spectrometer market by identifying its various subsegments.
Focuses on the key global FTIR Spectrometer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the FTIR Spectrometer with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of FTIR Spectrometer submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.