Global Process Spectroscopy Market: Market Analysis By Knowledge Sourcing Intelligence
Introduction The process spectroscopy market is expected to grow at a decent CAGR during the forecast period(2018-2023) . It finds immense use in the identification of structures, defects in materials and thus analysis can be helpful in enhancing the quality of a product. The p harmaceutical industry, food industry, and the chemical industry are the major industry verticals which require efficient spectroscop y techniques in order to meet the required quality standards. North America held a significant market share in 2017 owing to the high demand for meeting the strict quality standards in the pharmaceutical and food industries. However, lack of skilled personnel required for analysis in developing and underdeveloped countries is restraining the global process spectroscopy market. Growing Need For Process Spectroscopy In Water Quality Testing Maintaining good water quality is essential for a wide variety of applications. Water is essential as it is used in drink