Global Near Infrared (NIR) Portable Spectrometer Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Near Infrared (NIR) Portable Spectrometer is a device based on non-invasive optical imaging technique. It is utilized in non-invasive or minimally invasive diagnostic applications. In food & beverages and agriculture industry NIR Spectrometer are used for measuring food content such as protein, carbohydrate, moisture, fat, food oils and different polymers. Portable NIR spectrometer offers several advantages such as small size, low cost, robustness, simplicity of analysis, sample user interface, portability, and ergonomic design. The growing pharmaceuticals industry globally and increasing end use application of near infrared (NIR) portable spectrometer as well as recent partnership activities between leading market players are key factors accelerating Near Infrared (NIR) Portable Spectrometer Market. For instance, as of 2022, revenue of global pharmaceuticals industry is estimated at USD 1,110 billion, and it is projected to reach to USD 1398 billion by 2026. Furthermore, in October 2021, BASF Animal Nutrition and trinamiX GmbH, a subsidiary company of BASF SE, announced collaboration to launch new Mobile Near Infrared (NIR) Spectroscopy Solution named trinamiX' for animal feed industry. This new portable solution offers fast and reliable on-site analysis of animal feed and ingredients. Also, growing food and beverage industry in emerging economies and increasing prevalence of chronic diseases are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high costs associated with portable spectrometer and availability of low-cost substitutes impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Near Infrared (NIR) Portable Spectrometer Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of research and development activities and presence of leading market players. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing pharmaceuticals sector and increasing prevalence of chronic diseases in the region, would create lucrative growth prospects for the Near Infrared (NIR) Portable Spectrometer Market across the Asia Pacific region.
Major market players included in this report are:
Thermo Fisher Scientific Inc. (US)
Anton Paar GmbH (Austria)
Bruker (US)
PerkinElmer Inc. (US)
Hitachi High-Tech Corporation (Japan)
ABB (Sweden)
Agilent Technologies, Inc. (US)
JASCO. (Japan)
Newport Corporation (US)
Oxford Instruments (UK)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Spectrometer Type
Optical Spectrometer
Mass Spectrometer
Fluorescence Spectrometer
High-Resolution Spectrometer
Others
By Technique
Atomic Spectroscopy
Mass Spectrometry
Molecular Spectroscopy
Fluorescence Spectroscopy
By Application
Nanotechnology
Drug Discovery
Environmental Testing
Food and Agriculture
Life Sciences
Materials Chemistry
Forensic Science
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Near Infrared (NIR) Portable Spectrometer Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Global Near Infrared (NIR) Portable Spectrometer Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Global Near Infrared (NIR) Portable Spectrometer Market, by Spectrometer Type, 2020-2028 (USD Million)
- 1.2.3. Global Near Infrared (NIR) Portable Spectrometer Market, by Technique, 2020-2028 (USD Million)
- 1.2.4. Global Near Infrared (NIR) Portable Spectrometer Market, by Application, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Near Infrared (NIR) Portable Spectrometer Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Near Infrared (NIR) Portable Spectrometer Market Dynamics
- 3.1. Near Infrared (NIR) Portable Spectrometer Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing worldwide pharmaceuticals industry.
- 3.1.1.2. Increasing end use application of near infrared (NIR) portable spectrometer.
- 3.1.1.3. Recent partnership activities between leading market players.
- 3.1.2. Market Challenges
- 3.1.2.1. High costs associated with portable spectrometer.
- 3.1.2.2. Availability of low-cost substitutes
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing food and beverage industry in emerging economies.
- 3.1.3.2. Increasing prevalence of chronic diseases.
Chapter 4. Global Near Infrared (NIR) Portable Spectrometer Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Near Infrared (NIR) Portable Spectrometer Market, by Spectrometer Type
- 6.1. Market Snapshot
- 6.2. Global Near Infrared (NIR) Portable Spectrometer Market by Spectrometer Type, Performance - Potential Analysis
- 6.3. Global Near Infrared (NIR) Portable Spectrometer Market Estimates & Forecasts by Spectrometer Type 2018-2028 (USD Million)
- 6.4. Near Infrared (NIR) Portable Spectrometer Market, Sub Segment Analysis
- 6.4.1. Optical Spectrometer
- 6.4.2. Mass Spectrometer
- 6.4.3. Fluorescence Spectrometer
- 6.4.4. High-Resolution Spectrometer
- 6.4.5. Others
Chapter 7. Global Near Infrared (NIR) Portable Spectrometer Market, by Technique
- 7.1. Market Snapshot
- 7.2. Global Near Infrared (NIR) Portable Spectrometer Market by Technique, Performance - Potential Analysis
- 7.3. Global Near Infrared (NIR) Portable Spectrometer Market Estimates & Forecasts by Technique 2018-2028 (USD Million)
- 7.4. Near Infrared (NIR) Portable Spectrometer Market, Sub Segment Analysis
- 7.4.1. Atomic Spectroscopy
- 7.4.2. Mass Spectrometry
- 7.4.3. Molecular Spectroscopy
- 7.4.4. Fluorescence Spectroscopy
Chapter 8. Global Near Infrared (NIR) Portable Spectrometer Market, by Application
- 8.1. Market Snapshot
- 8.2. Global Near Infrared (NIR) Portable Spectrometer Market by Application, Performance - Potential Analysis
- 8.3. Global Near Infrared (NIR) Portable Spectrometer Market Estimates & Forecasts by Application 2018-2028 (USD Million)
- 8.4. Near Infrared (NIR) Portable Spectrometer Market, Sub Segment Analysis
- 8.4.1. Nanotechnology
- 8.4.2. Drug Discovery
- 8.4.3. Environmental Testing
- 8.4.4. Food and Agriculture
- 8.4.5. Life Sciences
- 8.4.6. Materials Chemistry
- 8.4.7. Forensic Science
- 8.4.8. Others
Chapter 9. Global Near Infrared (NIR) Portable Spectrometer Market, Regional Analysis
- 9.1. Near Infrared (NIR) Portable Spectrometer Market, Regional Market Snapshot
- 9.2. North America Near Infrared (NIR) Portable Spectrometer Market
- 9.2.1. U.S. Near Infrared (NIR) Portable Spectrometer Market
- 9.2.1.1. Spectrometer Type estimates & forecasts, 2018-2028
- 9.2.1.2. Technique estimates & forecasts, 2018-2028
- 9.2.1.3. Application estimates & forecasts, 2018-2028
- 9.2.2. Canada Near Infrared (NIR) Portable Spectrometer Market
- 9.3. Europe Near Infrared (NIR) Portable Spectrometer Market Snapshot
- 9.3.1. U.K. Near Infrared (NIR) Portable Spectrometer Market
- 9.3.2. Germany Near Infrared (NIR) Portable Spectrometer Market
- 9.3.3. France Near Infrared (NIR) Portable Spectrometer Market
- 9.3.4. Spain Near Infrared (NIR) Portable Spectrometer Market
- 9.3.5. Italy Near Infrared (NIR) Portable Spectrometer Market
- 9.3.6. Rest of Europe Near Infrared (NIR) Portable Spectrometer Market
- 9.4. Asia-Pacific Near Infrared (NIR) Portable Spectrometer Market Snapshot
- 9.4.1. China Near Infrared (NIR) Portable Spectrometer Market
- 9.4.2. India Near Infrared (NIR) Portable Spectrometer Market
- 9.4.3. Japan Near Infrared (NIR) Portable Spectrometer Market
- 9.4.4. Australia Near Infrared (NIR) Portable Spectrometer Market
- 9.4.5. South Korea Near Infrared (NIR) Portable Spectrometer Market
- 9.4.6. Rest of Asia Pacific Near Infrared (NIR) Portable Spectrometer Market
- 9.5. Latin America Near Infrared (NIR) Portable Spectrometer Market Snapshot
- 9.5.1. Brazil Near Infrared (NIR) Portable Spectrometer Market
- 9.5.2. Mexico Near Infrared (NIR) Portable Spectrometer Market
- 9.6. Rest of The World Near Infrared (NIR) Portable Spectrometer Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Thermo Fisher Scientific, Inc. (US)
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Anton Paar GmbH (Austria)
- 10.2.3. Bruker (US)
- 10.2.4. PerkinElmer Inc. (US)
- 10.2.5. Hitachi High-Tech Corporation (Japan)
- 10.2.6. ABB (Sweden)
- 10.2.7. Agilent Technologies, Inc. (US)
- 10.2.8. JASCO. (Japan)
- 10.2.9. Newport Corporation (US)
- 10.2.10. Oxford Instruments (UK)
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption