Product Code: PM2605
The global near-infrared spectroscopy market size is expected to reach USD 1,132.85 million by 2030, according to a new study by Polaris Market Research. The report "Near-infrared Spectroscopy Market Share, Size, Trends, Industry Analysis Report, By Product (Dispersive Infrared Spectroscopy, Fourier Transform Based (FT-NIR) Spectrometers); By Type; By Application; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The demand for quality control in many industries is one of the factors driving the growth of the near-infrared (NIR) spectrometer market. The food industry, pharmaceutical industry, and polymer markets have all been affected by the potential of NIR technology to give a precise analysis of product attributes at faster rates with reduced time consumption.
This aids the company in achieving international standards while delivering high-quality products on time. Moreover, throughout the duration of the forthcoming years, this market is expected to be influenced by improved economic conditions and increased disposable income.
The COVID-19 outbreak had a positive impact on pharmaceutical sector. The growth rate, however, is expected to be adversely affected by changes in the chemical, food and beverage, electronics, and semiconductor industries. NIR spectrometry, which is used to determine the efficacy of COVID-19 vaccines, has seen an increase in demand as a result of the COVID-19 pandemic. The researchers indicated that it was a rapid and effective way to authenticate COVID-19 vaccinations in the study after showing that NIR spectrometry could be utilized to evaluate the COVID-19 vaccine.
Near-infrared Spectroscopy Market Report Highlights
In 2021, the market segment for FT-NIR spectrometers dominated the market. The sector is predicted to maintain its dominance over the forecast period as FT-NIR can efficiently replace the time-consuming wet chemical procedures and chromatographic techniques.
In 2021, the benchtop type segment dominated the industry and held the most share. One of the factors, such as its high accuracy and capacity to identify various substances inside a pharmaceutical sector.
In 2021, the particle measurement segment led the industry worldwide and then was responsible for the largest portion of revenue. Studying particles in many disciplines, such as the production of Pharmaceutical drugs, is covered in this segment.
Europe dominated the global market in 2021 as a result of the establishment of several pharmaceutical companies and increased regulation for quality-check as part of GMP compliance.
Some of the major players operating in the global market include ABB, Brainbox Ltd; Galaxy-Scientific, KPM Analytics, Malvern Panalytical Ltd, Metrohm AG, Oxford Instruments, PerkinElmer Inc., Thermo Fisher Scientific Inc.
Polaris Market Research has segmented the Near-infrared Spectroscopy Market report based on, Product, type, application, and region:
Near-infrared Spectroscopy, Product Outlook (Revenue - USD Million, 2018 - 2030)
Dispersive Infrared Spectroscopy
Fourier Transform-Based (FT-NIR) Spectrometers
Near-infrared Spectroscopy, Type Outlook (Revenue - USD Million, 2018 - 2030)
Benchtop
Portable
Near-infrared Spectroscopy, Application Outlook (Revenue - USD Million, 2018 - 2030)
Medical Applications
Astronomical Spectroscopy
Remote Monitoring
Agriculture
Particle Measurement
Material Science
Industrial Use
Near-infrared Spectroscopy, Regional Outlook (Revenue - USD Million, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Near-infrared Spectroscopy Market Insights
- 4.1. Near-infrared Spectroscopy - Industry Snapshot
- 4.2. Near-infrared Spectroscopy Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising Quality Check Of Product In Pharmaceutical Industry
- 4.2.1.2. Implementation Of Analytical Technique For Raw Material
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Require Trained-Professional To Operate The Product
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Near-infrared Spectroscopy Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Near-infrared Spectroscopy Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 5.3. Dispersive Infrared Spectroscopy
- 5.3.1. Global Near-infrared Spectroscopy Market, by Dispersive Infrared Spectroscopy, by Region, 2018 - 2030 (USD Million)
- 5.4. Fourier Transform Based (FT-NIR) Spectrometers
- 5.4.1. Global Near-infrared Spectroscopy Market, by Fourier Transform Based (FT-NIR) Spectrometers, by Region, 2018 - 2030 (USD Million)
6. Global Near-infrared Spectroscopy Market, by Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 6.3. Benchtop
- 6.3.1. Global Near-infrared Spectroscopy Market, by Benchtop, by Region, 2018 - 2030 (USD Million)
- 6.4. Portable
- 6.4.1. Global Near-infrared Spectroscopy Market, by Portable, by Region, 2018 - 2030 (USD Million)
7. Global Near-infrared Spectroscopy Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 7.3. Medical Applications
- 7.3.1. Global Near-infrared Spectroscopy Market, by Medical Applications, by Region, 2018 - 2030 (USD Million)
- 7.4. Astronomical Spectroscopy
- 7.4.1. Global Near-infrared Spectroscopy Market, by Astronomical Spectroscopy, by Region, 2018 - 2030 (USD Million)
- 7.5. Remote Monitoring
- 7.5.1. Global Near-infrared Spectroscopy Market, by Remote Monitoring, by Region, 2018 - 2030 (USD Million)
- 7.6. Agriculture
- 7.6.1. Global Near-infrared Spectroscopy Market, by Agriculture, by Region, 2018 - 2030 (USD Million)
- 7.7. Particle Measurement
- 7.7.1. Global Near-infrared Spectroscopy Market, by Particle Measurement, by Region, 2018 - 2030 (USD Million)
- 7.8. Material Science
- 7.8.1. Global Near-infrared Spectroscopy Market, by Material Science, by Region, 2018 - 2030 (USD Million)
- 7.9. Industrial Use
- 7.9.1. Global Near-infrared Spectroscopy Market, by Industrial Use, by Region, 2018 - 2030 (USD Million)
8. Global Near-infrared Spectroscopy Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Near-infrared Spectroscopy Market Assessment, By Geography, 2018 - 2030 (USD Million)
- 8.3. Near-infrared Spectroscopy Market - North America
- 8.3.1. North America: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.3.2. North America: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.3.3. North America: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.3.4. Near-infrared Spectroscopy Market - U.S.
- 8.3.4.1. U.S.: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.3.4.2. U.S.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.3.4.3. U.S.: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.3.5. Near-infrared Spectroscopy Market - Canada
- 8.3.5.1. Canada: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.3.5.2. Canada.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.3.5.3. Canada: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.4. Near-infrared Spectroscopy Market - Europe
- 8.4.1. Europe: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.4.2. Europe.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.4.3. Europe: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.4.4. Near-infrared Spectroscopy Market - UK
- 8.4.4.1. UK: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.4.4.2. UK.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.4.4.3. UK: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.4.5. Near-infrared Spectroscopy Market - France
- 8.4.5.1. France: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.4.5.2. France.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.4.5.3. France: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.4.6. Near-infrared Spectroscopy Market - Germany
- 8.4.6.1. Germany: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.4.6.2. Germany.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.4.6.3. Germany: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.4.7. Near-infrared Spectroscopy Market - Italy
- 8.4.7.1. Italy: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.4.7.2. Italy.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.4.7.3. Italy: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.4.8. Near-infrared Spectroscopy Market - Spain
- 8.4.8.1. Spain: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.4.8.2. Spain.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.4.8.3. Spain: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.4.9. Near-infrared Spectroscopy Market - Netherlands
- 8.4.9.1. Netherlands: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.4.9.2. Netherlands.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.4.9.3. Netherlands: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.4.10. Near-infrared Spectroscopy Market - Russia
- 8.4.10.1. Russia: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.4.10.2. Russia.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.4.10.3. Russia: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.5. Near-infrared Spectroscopy Market - Asia Pacific
- 8.5.1. Asia Pacific: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.5.2. Asia Pacific.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.5.3. Asia Pacific: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.5.4. Near-infrared Spectroscopy Market - China
- 8.5.4.1. China: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.5.4.2. China.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.5.4.3. China: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.5.5. Near-infrared Spectroscopy Market - India
- 8.5.5.1. India: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.5.5.2. India.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.5.5.3. India: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.5.6. Near-infrared Spectroscopy Market - Malaysia
- 8.5.6.1. Malaysia: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.5.6.2. Malaysia.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.5.6.3. Malaysia: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.5.7. Near-infrared Spectroscopy Market - Japan
- 8.5.7.1. Japan: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.5.7.2. Japan.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.5.7.3. Japan: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.5.8. Near-infrared Spectroscopy Market - Indonesia
- 8.5.8.1. Indonesia: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.5.8.2. Indonesia.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.5.8.3. Indonesia: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.5.9. Near-infrared Spectroscopy Market - South Korea
- 8.5.9.1. South Korea: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.5.9.2. South Korea.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.5.9.3. South Korea: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.6. Near-infrared Spectroscopy Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.6.2. Middle East & Africa.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.6.3. Middle East & Africa: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.6.4. Near-infrared Spectroscopy Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.6.4.2. Saudi Arabia.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.6.4.3. Saudi Arabia: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.6.5. Near-infrared Spectroscopy Market - UAE
- 8.6.5.1. UAE: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.6.5.2. UAE.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.6.5.3. UAE: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.6.6. Near-infrared Spectroscopy Market - Israel
- 8.6.6.1. Israel: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.6.6.2. Israel.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.6.6.3. Israel: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.6.7. Near-infrared Spectroscopy Market - South Africa
- 8.6.7.1. South Africa: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.6.7.2. South Africa.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.6.7.3. South Africa: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.7. Near-infrared Spectroscopy Market - Latin America
- 8.7.1. Latin America: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.7.2. Latin America.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.7.3. Latin America: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.7.4. Near-infrared Spectroscopy Market - Mexico
- 8.7.4.1. Mexico: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.7.4.2. Mexico.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.7.4.3. Mexico: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.7.5. Near-infrared Spectroscopy Market - Brazil
- 8.7.5.1. Brazil: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.7.5.2. Brazil.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.7.5.3. Brazil: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
- 8.7.6. Near-infrared Spectroscopy Market - Argentina
- 8.7.6.1. Argentina: Near-infrared Spectroscopy Market, by Product, 2018 - 2030 (USD Million)
- 8.7.6.2. Argentina.: Near-infrared Spectroscopy Market, by Application, 2018 - 2030 (USD Million)
- 8.7.6.3. Argentina: Near-infrared Spectroscopy Market, by Type, 2018 - 2030 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. ABB
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Agilent Technologies
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Brainbox Ltd
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Bruker Corp
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Carl Zeiss AG
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Galaxy-Scientific
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Hitachi Ltd
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Edinburgh Instruments Ltd
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Horiba Ltd
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. JASCO International Co
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. KPM Analytics
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Lumex Instruments
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Malvern Panalytical Ltd
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Metrohm AG
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Oxford Instruments
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. OSRAM Opto Semiconductors GmbH
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development
- 10.17. PerkinElmer Inc
- 10.17.1. Company Overview
- 10.17.2. Financial Performance
- 10.17.3. Product Benchmarking
- 10.17.4. Recent Development
- 10.18. Shimadzu Corporation
- 10.18.1. Company Overview
- 10.18.2. Financial Performance
- 10.18.3. Product Benchmarking
- 10.18.4. Recent Development
- 10.19. Thermo Fisher Scientific Inc.
- 10.19.1. Company Overview
- 10.19.2. Financial Performance
- 10.19.3. Product Benchmarking
- 10.19.4. Recent Development