According to our (Global Info Research) latest study, the global Near Infrared Spectrum Instruments market size was valued at US$ 533 million in 2024 and is forecast to a readjusted size of USD 765 million by 2031 with a CAGR of 5.4% during review period.
Near Infrared Spectrum Instrument is spectroscopic equipment using the near-infrared region of the electromagnetic spectrum(from about 700 nm to 2500 nm), is widely used for identifcation of raw materials and quantifcation of substances in research and industrial applications.
The NIR spectroscopy instruments market is evolving rapidly due to increasing applications across various industries, technological advancements, and the growing need for non-destructive testing and real-time process monitoring. Emerging markets, particularly in the Asia-Pacific region, are expected to offer significant growth opportunities. Key trends such as miniaturization, portable devices, and cloud-based data integration are shaping the future of the NIR market, making it more accessible and versatile across industries.Global top 5 players of Near Infrared Spectrum Instruments occupied for 50% of the market, including Thermo Fisher, Bruker, PerkinElmer, Foss A/S, Agilent Technologies. Americas is the largest market of Near Infrared Spectrum Instruments, holding a share over 39%. Then Europe takes 30%. In terms of type, FT-NIR Analyzers shares over 67% of the market, while Dispersive NIR Analyzers shares 30% In terms of application, Food and Agriculture Industry shares the largest percent of nearly 35%.
This report is a detailed and comprehensive analysis for global Near Infrared Spectrum Instruments market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Near Infrared Spectrum Instruments market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Near Infrared Spectrum Instruments market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Near Infrared Spectrum Instruments market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Near Infrared Spectrum Instruments market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Near Infrared Spectrum Instruments
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Near Infrared Spectrum Instruments market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Thermo Fisher, Bruker, PerkinElmer, Foss A/S, Agilent Technologies, KPM Analytics, Buchi Labortechnik, Shimadzu, ABB, Jasco, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Near Infrared Spectrum Instruments market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
FT-NIR Analyzers
Dispersive NIR Analyzers
Others (AOTF, Filter)
Market segment by Application
Polymer Industry
Food and Agriculture Industry
Pharmaceutical Industry
Oil and Gas
Others
Major players covered
Thermo Fisher
Bruker
PerkinElmer
Foss A/S
Agilent Technologies
KPM Analytics
Buchi Labortechnik
Shimadzu
ABB
Jasco
Guided Wave
Yokogawa Electric
ZEUTEC
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Near Infrared Spectrum Instruments product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Near Infrared Spectrum Instruments, with price, sales quantity, revenue, and global market share of Near Infrared Spectrum Instruments from 2020 to 2025.
Chapter 3, the Near Infrared Spectrum Instruments competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Near Infrared Spectrum Instruments breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Near Infrared Spectrum Instruments market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Near Infrared Spectrum Instruments.
Chapter 14 and 15, to describe Near Infrared Spectrum Instruments sales channel, distributors, customers, research findings and conclusion.
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