Global Near-Infrared (Nir) Spectroscopy Market 2024-2028
The near-infrared (nir) spectroscopy market is forecasted to grow by USD 698.9 mn during 2023-2028, accelerating at a CAGR of 13.59% during the forecast period. The report on the near-infrared (nir) 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 growing use of nirs in detecting medical conditions.
Technavio's near-infrared (nir) spectroscopy market is segmented as below:
ByProduct
ByEnd-user
- Pharmaceutical and biomedical industry
- Food and beverage industry
- Others
ByGeography
- 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 (nir) spectroscopy market growth during the next few years. Also, integration of cloud computing techniques with nirs and emergence of nir hyperspectral imaging will lead to sizable demand in the market.
The report on the near-infrared (nir) spectroscopy market covers the following areas:
- Near-infrared (nir) spectroscopy market sizing
- Near-infrared (nir) spectroscopy market forecast
- Near-infrared (nir) spectroscopy market industry analysis
The 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 (nir) spectroscopy market vendors that include ABB Ltd., Agilent Technologies Inc., Avantes BV, B and W Tek, Brimrose Corp. of America, Bruker Corp., BUCHI Labortechnik AG, Foss, Hamamatsu Photonics KK, Lumex Instruments, Metrohm AG, Ocean Insight, Perkin Elmer Inc., Polytec GmbH, Sartorius AG, Shimadzu Corp., Thermo Fisher Scientific Inc., Viavi Solutions Inc., Zeltex LLC, and ZEUTEC. Also, the near-infrared (nir) 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.
The publisher 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.