Global Near Infrared Spectroscopy Market 2023-2027

Global Near Infrared Spectroscopy Market 2023-2027

Technavio has been monitoring the near infrared spectroscopy market and is forecast to grow by $387.67 mn during 2022-2027, decelerating at a CAGR of 9.14% during the forecast period. Our report on the near infrared spectroscopy market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising food safety concerns, increasing applications of non-invasive techniques in end-user industries, and the growing use of NIRs in detecting medical conditions.

Technavio's near infrared spectroscopy market is segmented as below:

By Product

  • Benchtop
  • Portable
By End-user
  • Pharmaceutical and biomedical industry
  • Food and beverage industry
  • Others
By Geographical Landscape
  • North America
  • Europe
  • Asia
  • Rest of World (ROW)
This study identifies the evolution of miniature nir spectrometers as one of the prime reasons driving the near infrared spectroscopy market growth during the next few years. Also, the integration of cloud computing techniques with NIRs and the emergence of nir hyperspectral imaging will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the near infrared spectroscopy market covers the following areas:
  • Near infrared spectroscopy market sizing
  • Near infrared spectroscopy market forecast
  • Near infrared spectroscopy market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading near infrared spectroscopy market vendors that include ABB Ltd., Agilent Technologies Inc., B and W Tek, Brimrose Corp. of America, Bruker Corp., BUCHI Labortechnik AG, FOSS AS, Hamamatsu Photonics KK, Lumex Instruments, Metrohm AG, Ocean Insight, PerkinElmer Inc., Polytec GmbH, Sartorius AG, Shimadzu Corp., Thermo Fisher Scientific Inc., Viavi Solutions Inc., Zeltex LLC, ZEUTEC, and Avantes BV. Also, the near infrared spectroscopy market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Product
      • Table Executive Summary – Chart on Market Segmentation by End-user
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global near infrared spectroscopy market 2017 - 2021
      • Table Historic Market Size – Data table on global near infrared spectroscopy market 2017 - 2021 ($ million)
    • Product Segment Analysis 2017 - 2021
      • Table Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • End-user Segment Analysis 2017 - 2021
      • Table Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors in 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Product
    • Market segments
      • Table Chart on Product - Market share 2022-2027 (%)
      • Table Data Table on Product - Market share 2022-2027 (%)
    • Comparison by Product
      • Table Chart on Comparison by Product
      • Table Data Table on Comparison by Product
    • Benchtop - Market size and forecast 2022-2027
      • Table Chart on Benchtop - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Benchtop - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Benchtop - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Benchtop - Year-over-year growth 2022-2027 (%)
    • Portable - Market size and forecast 2022-2027
      • Table Chart on Portable - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Portable - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Portable - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Portable - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product ($ million)
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2022-2027 (%)
      • Table Data Table on End-user - Market share 2022-2027 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Pharmaceutical and biomedical industry - Market size and forecast 2022-2027
      • Table Chart on Pharmaceutical and biomedical industry - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Pharmaceutical and biomedical industry - Market size and forecast 2022- 2027 ($ million)
      • Table Chart on Pharmaceutical and biomedical industry - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Pharmaceutical and biomedical industry - Year-over-year growth 2022-2027 (%)
    • Food and beverage industry - Market size and forecast 2022-2027
      • Table Chart on Food and beverage industry - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Food and beverage industry - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Food and beverage industry - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Food and beverage industry - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • Asia - Market size and forecast 2022-2027
      • Table Chart on Asia - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Asia - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Asia - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Asia - Year-over-year growth 2022-2027 (%)
    • Rest of World (ROW) - Market size and forecast 2022- 2027
      • Table Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • UK - Market size and forecast 2022-2027
      • Table Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Table Chart on UK - Year-over-year growth 2022-2027 (%)
      • Table Data Table on UK - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rising food safety concerns
      • Increasing applications of non-invasive techniques in end-user industries
      • Growing use of NIRS in detecting medical conditions
    • Market challenges
      • High cost of NIRS devices
      • Increasing potential for calibration errors
      • Increasing regulatory approvals for NIRS
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Evolution of miniature NIR spectrometers
      • Integration of cloud computing techniques with NIRS
      • Emergence of NIR hyperspectral imaging
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • ABB Ltd.
      • Table ABB Ltd. - Overview
      • Table ABB Ltd. - Business segments
      • Table ABB Ltd. - Key news
      • Table ABB Ltd. - Key offerings
      • Table ABB Ltd. - Segment focus
    • Agilent Technologies Inc.
      • Table Agilent Technologies Inc. - Overview
      • Table Agilent Technologies Inc. - Business segments
      • Table Agilent Technologies Inc. - Key news
      • Table Agilent Technologies Inc. - Key offerings
      • Table Agilent Technologies Inc. - Segment focus
    • Bruker Corp.
      • Table Bruker Corp. - Overview
      • Table Bruker Corp. - Business segments
      • Table Bruker Corp. - Key news
      • Table Bruker Corp. - Key offerings
      • Table Bruker Corp. - Segment focus
    • Hamamatsu Photonics KK
      • Table Hamamatsu Photonics KK - Overview
      • Table Hamamatsu Photonics KK - Business segments
      • Table Hamamatsu Photonics KK - Key offerings
      • Table Hamamatsu Photonics KK - Segment focus
    • Lumex Instruments
      • Table Lumex Instruments - Overview
      • Table Lumex Instruments - Product / Service
      • Table Lumex Instruments - Key offerings
    • Metrohm AG
      • Table Metrohm AG - Overview
      • Table Metrohm AG - Product / Service
      • Table Metrohm AG - Key offerings
    • Ocean Insight
      • Table Ocean Insight - Overview
      • Table Ocean Insight - Product / Service
      • Table Ocean Insight - Key offerings
    • PerkinElmer Inc.
      • Table PerkinElmer Inc. - Overview
      • Table PerkinElmer Inc. - Business segments
      • Table PerkinElmer Inc. - Key news
      • Table PerkinElmer Inc. - Key offerings
      • Table PerkinElmer Inc. - Segment focus
    • Polytec GmbH
      • Table Polytec GmbH - Overview
      • Table Polytec GmbH - Product / Service
      • Table Polytec GmbH - Key offerings
    • Sartorius AG
      • Table Sartorius AG - Overview
      • Table Sartorius AG - Business segments
      • Table Sartorius AG - Key news
      • Table Sartorius AG - Key offerings
      • Table Sartorius AG - Segment focus
    • Shimadzu Corp.
      • Table Shimadzu Corp. - Overview
      • Table Shimadzu Corp. - Business segments
      • Table Shimadzu Corp. - Key news
      • Table Shimadzu Corp. - Key offerings
      • Table Shimadzu Corp. - Segment focus
    • Thermo Fisher Scientific Inc.
      • Table Thermo Fisher Scientific Inc. - Overview
      • Table Thermo Fisher Scientific Inc. - Business segments
      • Table Thermo Fisher Scientific Inc. - Key news
      • Table Thermo Fisher Scientific Inc. - Key offerings
      • Table Thermo Fisher Scientific Inc. - Segment focus
    • Viavi Solutions Inc.
      • Table Viavi Solutions Inc. - Overview
      • Table Viavi Solutions Inc. - Business segments
      • Table Viavi Solutions Inc. - Key offerings
      • Table Viavi Solutions Inc. - Segment focus
    • Zeltex LLC
      • Table Zeltex LLC - Overview
      • Table Zeltex LLC - Product / Service
      • Table Zeltex LLC - Key offerings
    • ZEUTEC
      • Table ZEUTEC - Overview
      • Table ZEUTEC - Product / Service
      • Table ZEUTEC - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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