Worldwide process spectroscopy market to reach $232 million in 2009
According to a report from Business Communications Co. Inc., RG-228R The Process Spectroscopy Market, the total worldwide market for process spectroscopy instrumentation is expected to grow from $178 million in 2004 to $232 million in 2009, at an average annual growth rate (AAGR) of 5.4%. The market includes monitors operating in the ultraviolet and visible portions of the spectrum, dispersive near-infrared analyzers, Fourier transform instruments operating in both the near- and mid-infrared portions of the spectrum, Raman spectrometers, and other instruments providing spectral information not in these four categories.