The laboratory analytical instruments industry is an international business dominated by large, innovative companies. In addition, numerous small firms compete by forming alliances or operating in niche markets.
Laboratory analytical instruments manufactured by this industry were used to conduct physical and chemical analyses.
Major product groups included clinical laboratory, chromatographic, and spectrophotometric instruments, and mass spectrometers.
By 2000, industry shipments were worth almost $7.8 billion, and the industry's work force numbered 36,183 employees.
The main products of this industry include baths and melting point apparatus, laboratory furniture such as furnaces and ovens, component parts and accessories for instruments, and centrifuges.
Companies that overcome these hurdles, however, can reap large profits if their products succeed.
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Nearly 500 U.S. companies manufactured process control instruments (PCIs) in 2001, and the value of all industry shipments that year was nearly $7 billion
It is an industry,in which the goods is prepared by combining 2 or more materials for eg- cement industry
Long-term growth in the industry will depend on the ability of U.S. companies to continue to introduce new optical technologies and improve on existing ones,
Companies in this industry manufacture a plethora of devices, including weapon-firing control mechanisms, optical laser-sighting systems, binoculars, borescopes,
Some common analytical instruments used to test dyes include UV-Visible spectroscopy for measuring absorption spectra, High-Performance Liquid Chromatography (HPLC) for separation and quantification, and Mass Spectrometry for identifying the molecular weight and structure of dye molecules.
Analytical Report No.