MARKET INTRODUCTION Naveen Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Chemical detection equipment is typically used to detect the presence and strength of chemical agents in soil, air, and water, as well as to alert relevant authorities and staff to the presence of toxic or hazardous compounds so that appropriate measures can be taken to avoid disasters, as chemical agents can be dangerous whether weaponized or not. To avoid an incident, testing for the presence of these materials is needed for manufacturing sites, industrial areas, and exposed areas. Chemical industry incidents in the past have prompted the use of dependable and high-quality chemical equipment for monitoring chemical plants and factories, resulting in an increase in demand for chemical detection equipment. Rising threats from terrorist organizations have forced countries to use chemical detection equipment in all important sites, such as the airport, water distribution plant, nuclear power plant, tourist places and many other critical infrastructure facilities for the purpose of public safety.
MARKET DYNAMICS
The rise in terrorist attacks, as well as increased safety regulations, are driving growth in the chemical detection equipment market. Because of increased production of hazardous materials for industrial applications, the danger of accidents or terrorist misuse has increased. The chemical detection equipment market has grown as a result of strict laws governing the purchase and sale of dangerous chemicals, as well as increased efforts by law enforcement and safety and security administrations. People's awareness and government laws have put a lot of pressure on businesses to keep chemical detection devices on their premises to ensure the safety of their employees. As a result, chemical detection equipment is now in high demand across a wide range of industries. Furthermore, the high cost of this equipment, as well as its high operational cost (the cost of the chemicals used to make detection equipment), are, on the other hand, restraints to the global chemical detection equipment market's development.
MARKET SCOPE
The "Global Chemical detection equipment Market Analysis To 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global chemical detection equipment market trend analysis. The chemical detection equipment market report aims to provide an overview of the chemical detection equipment market with detailed market segmentation by product, and application, and geography. The global chemical detection equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading chemical detection equipment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global chemical detection equipment market is segmented on the basis of product, and application. Based on product, the chemical detection equipment market is segmented into ION mobility spectroscopy, Raman spectroscopy, infra-red spectroscopy, and others. On the basis of application, the chemical detection equipment market is segmented as defense, and civil.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global chemical detection equipment market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The chemical detection equipment market by each region is later sub-segmented by respective countries and segments. The chemical detection equipment market report covers the analysis and forecast of 17 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the chemical detection equipment market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forcesanalysishighlighting factors affecting the chemical detection equipment market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global chemical detection equipment market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The chemical detection equipment market by each region is later sub-segmented by respective countries and segments. The chemical detection equipment market report covers the analysis and forecast of 17 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the chemical detection equipment market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forcesanalysishighlighting factors affecting the chemical detection equipment market in these regions.
MARKET PLAYERS
The reports cover key developments in the chemical detection equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from chemical detection equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for chemical detection equipment in the global market. Below mentioned is the list of few companies engaged in the chemical detection equipment market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the chemical detection equipment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M
- Agilent Technologies, Inc.
- Bruker
- Argon Electronics
- Environics
- FLIR Systems, Inc.
- QIAGEN
- Smiths Detection Group Ltd
- Remedios Ltd.
- Thermo Fisher Scientific
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Chemical Detection Equipment Market - By Product
1.3.2 Chemical Detection Equipment Market - By Application
1.3.3 Chemical Detection Equipment Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CHEMICAL DETECTION EQUIPMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. CHEMICAL DETECTION EQUIPMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CHEMICAL DETECTION EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. CHEMICAL DETECTION EQUIPMENT - GLOBAL MARKET OVERVIEW
6.2. CHEMICAL DETECTION EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CHEMICAL DETECTION EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. ION MOBILITY SPECTROSCOPY (IMS)
7.3.1. Overview
7.3.2. Ion Mobility Spectroscopy (IMS) Market Forecast and Analysis
7.4. RAMAN SPECTROSCOPY
7.4.1. Overview
7.4.2. Raman Spectroscopy Market Forecast and Analysis
7.5. INFRA-RED SPECTROSCOPY
7.5.1. Overview
7.5.2. Infra-red Spectroscopy Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. CHEMICAL DETECTION EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. DEFENSE
8.3.1. Overview
8.3.2. Defense Market Forecast and Analysis
8.4. CIVIL
8.4.1. Overview
8.4.2. Civil Market Forecast and Analysis
9. CHEMICAL DETECTION EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Chemical Detection Equipment Market Overview
9.1.2 North America Chemical Detection Equipment Market Forecasts and Analysis
9.1.3 North America Chemical Detection Equipment Market Forecasts and Analysis - By Product
9.1.4 North America Chemical Detection Equipment Market Forecasts and Analysis - By Application
9.1.5 North America Chemical Detection Equipment Market Forecasts and Analysis - By Countries
9.1.5.1 United States Chemical Detection Equipment Market
9.1.5.1.1 United States Chemical Detection Equipment Market by Product
9.1.5.1.2 United States Chemical Detection Equipment Market by Application
9.1.5.2 Canada Chemical Detection Equipment Market
9.1.5.2.1 Canada Chemical Detection Equipment Market by Product
9.1.5.2.2 Canada Chemical Detection Equipment Market by Application
9.1.5.3 Mexico Chemical Detection Equipment Market
9.1.5.3.1 Mexico Chemical Detection Equipment Market by Product
9.1.5.3.2 Mexico Chemical Detection Equipment Market by Application
9.2. EUROPE
9.2.1 Europe Chemical Detection Equipment Market Overview
9.2.2 Europe Chemical Detection Equipment Market Forecasts and Analysis
9.2.3 Europe Chemical Detection Equipment Market Forecasts and Analysis - By Product
9.2.4 Europe Chemical Detection Equipment Market Forecasts and Analysis - By Application
9.2.5 Europe Chemical Detection Equipment Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Chemical Detection Equipment Market
9.2.5.1.1 Germany Chemical Detection Equipment Market by Product
9.2.5.1.2 Germany Chemical Detection Equipment Market by Application
9.2.5.2 France Chemical Detection Equipment Market
9.2.5.2.1 France Chemical Detection Equipment Market by Product
9.2.5.2.2 France Chemical Detection Equipment Market by Application
9.2.5.3 Italy Chemical Detection Equipment Market
9.2.5.3.1 Italy Chemical Detection Equipment Market by Product
9.2.5.3.2 Italy Chemical Detection Equipment Market by Application
9.2.5.4 United Kingdom Chemical Detection Equipment Market
9.2.5.4.1 United Kingdom Chemical Detection Equipment Market by Product
9.2.5.4.2 United Kingdom Chemical Detection Equipment Market by Application
9.2.5.5 Russia Chemical Detection Equipment Market
9.2.5.5.1 Russia Chemical Detection Equipment Market by Product
9.2.5.5.2 Russia Chemical Detection Equipment Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Chemical Detection Equipment Market Overview
9.3.2 Asia-Pacific Chemical Detection Equipment Market Forecasts and Analysis
9.3.3 Asia-Pacific Chemical Detection Equipment Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Chemical Detection Equipment Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Chemical Detection Equipment Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Chemical Detection Equipment Market
9.3.5.1.1 Australia Chemical Detection Equipment Market by Product
9.3.5.1.2 Australia Chemical Detection Equipment Market by Application
9.3.5.2 China Chemical Detection Equipment Market
9.3.5.2.1 China Chemical Detection Equipment Market by Product
9.3.5.2.2 China Chemical Detection Equipment Market by Application
9.3.5.3 India Chemical Detection Equipment Market
9.3.5.3.1 India Chemical Detection Equipment Market by Product
9.3.5.3.2 India Chemical Detection Equipment Market by Application
9.3.5.4 Japan Chemical Detection Equipment Market
9.3.5.4.1 Japan Chemical Detection Equipment Market by Product
9.3.5.4.2 Japan Chemical Detection Equipment Market by Application
9.3.5.5 South Korea Chemical Detection Equipment Market
9.3.5.5.1 South Korea Chemical Detection Equipment Market by Product
9.3.5.5.2 South Korea Chemical Detection Equipment Market by Application
9.3.5.6 Rest of Asia-Pacific Chemical Detection Equipment Market
9.3.5.6.1 Rest of Asia-Pacific Chemical Detection Equipment Market by Product
9.3.5.6.2 Rest of Asia-Pacific Chemical Detection Equipment Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Chemical Detection Equipment Market Overview
9.4.2 Middle East and Africa Chemical Detection Equipment Market Forecasts and Analysis
9.4.3 Middle East and Africa Chemical Detection Equipment Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Chemical Detection Equipment Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Chemical Detection Equipment Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Chemical Detection Equipment Market
9.4.5.1.1 South Africa Chemical Detection Equipment Market by Product
9.4.5.1.2 South Africa Chemical Detection Equipment Market by Application
9.4.5.2 Saudi Arabia Chemical Detection Equipment Market
9.4.5.2.1 Saudi Arabia Chemical Detection Equipment Market by Product
9.4.5.2.2 Saudi Arabia Chemical Detection Equipment Market by Application
9.4.5.3 U.A.E Chemical Detection Equipment Market
9.4.5.3.1 U.A.E Chemical Detection Equipment Market by Product
9.4.5.3.2 U.A.E Chemical Detection Equipment Market by Application
9.4.5.4 Rest of Middle East and Africa Chemical Detection Equipment Market
9.4.5.4.1 Rest of Middle East and Africa Chemical Detection Equipment Market by Product
9.4.5.4.2 Rest of Middle East and Africa Chemical Detection Equipment Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Chemical Detection Equipment Market Overview
9.5.2 South and Central America Chemical Detection Equipment Market Forecasts and Analysis
9.5.3 South and Central America Chemical Detection Equipment Market Forecasts and Analysis - By Product
9.5.4 South and Central America Chemical Detection Equipment Market Forecasts and Analysis - By Application
9.5.5 South and Central America Chemical Detection Equipment Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Chemical Detection Equipment Market
9.5.5.1.1 Brazil Chemical Detection Equipment Market by Product
9.5.5.1.2 Brazil Chemical Detection Equipment Market by Application
9.5.5.2 Rest of South and Central America Chemical Detection Equipment Market
9.5.5.2.1 Rest of South and Central America Chemical Detection Equipment Market by Product
9.5.5.2.2 Rest of South and Central America Chemical Detection Equipment Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CHEMICAL DETECTION EQUIPMENT MARKET, KEY COMPANY PROFILES
11.1. 3M
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. AGILENT TECHNOLOGIES, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BRUKER
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ARGON ELECTRONICS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ENVIRONICS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. FLIR SYSTEMS, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. QIAGEN
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SMITHS DETECTION GROUP LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. REMEDIOS LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THERMO FISHER SCIENTIFIC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1. 3M
2. Agilent Technologies, Inc.
3. Bruker
4. Argon Electronics
5. Environics
6. FLIR Systems, Inc.
7. QIAGEN
8. Smiths Detection Group Ltd
9. Remedios Ltd.
10. Thermo Fisher Scientific
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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