Global Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer Market Growth 2019-2024

A Benchtop nuclear magnetic resonance spectrometer (Benchtop NMR Spectrometer) refers to a Fourier transform nuclear magnetic resonance (FT-NMR) spectrometer that is significantly more compact and portable than the conventional equivalents, such that it is portable and can reside on a laboratory benchtop. This convenience comes from using permanent magnets, which have a lower magnetic field and decreased sensitivity compared to the much larger and more expensive cryogen cooled superconducting NMR magnets. Instead of requiring dedicated infrastructure, rooms and extensive installations these benchtop instruments can be placed directly on the bench in a lab and moved as necessary (e.g., to the fumehood). These spectrometers offer improved workflow, even for novice users, as they are simpler and easy to use. They differ from relaxometers in that they can be used to measure high resolution NMR spectra and are not limited to the determination of relaxation or diffusion parameters.
Overall, the Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer performance is positive, despite the weak economic environment.

The technical barriers of Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer are high. The manufacturing bases relative concentration; some of the key players dominating this market are Bruker, Thermo Fisher, Oxford Indtruments, Nanalysis, and others.

The key factors driving the growth of the aforementioned industry are national attention to the development of scientific research and technology. With the improvement of national 's awareness of the development of scientific research and technology, the increased consumption of Benchtop Nuclear Magnetic Resonance (NMR) Spectrometers are expected to continue during the remaining years of the forecast period of 2018-2025.

In the past few years, as the main raw material price was relatively stable, with the addition of a sharp increase in production capacity, expected that the Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer.

There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The oversupply of Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer in the market has had a negative impact but has been countered by the magnitude of the increase in demand, resulting in uncertainty in the Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer market

In China, Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer manufactures only have Shanghai Huantong. As the same time, in Chinese market, some common foreign brands occupy relative large market share, such as Bruker and Thermo Fisher.

China is an important consumer of Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer; as the same time, the consumption of Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer in China grown gradually. In the result, Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer in China was Import-oriented until now.


According to this study, over the next five years the Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer market will register a 1.9% CAGR in terms of revenue, the global market size will reach US$ 130 million by 2024, from US$ 120 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer market by product type, application, key manufacturers and key regions and countries.

This study considers the Benchtop Nuclear Magnetic Resonance (NMR) 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.
45 MHz
60 MHz
90 MHz
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Agriculture and Food industry
Medical and Pharmaceutical Industry
Academic
Others

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.
Bruker
Thermo Fisher
Oxford Indtruments
Nanalysis
Anasazi
Magritek
Spinlock
Shanghai Huantong

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 Benchtop Nuclear Magnetic Resonance (NMR) 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 Benchtop Nuclear Magnetic Resonance (NMR) Spectrometer market by identifying its various subsegments.
Focuses on the key global Benchtop Nuclear Magnetic Resonance (NMR) 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 Benchtop Nuclear Magnetic Resonance (NMR) 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 Benchtop Nuclear Magnetic Resonance (NMR) 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.