Global Near Infrared Spectroscopy Market Growth 2023-2029

Global Near Infrared Spectroscopy Market Growth 2023-2029

Near-infrared (NIR) Analyzer is a widely used analysis technique for identifcation of raw materials and quantifcation of substances in research and industrial applications.



Near Infrared (NIR) Analyzer is spectroscopic equipment using the near-infrared region of the electromagnetic spectrum (from about 700 nm to 2500 nm, and typical applications include medical and physiological diagnostics and research including blood sugar, pulse oximetry, functional neuroimaging, sports medicine, elite sports training, ergonomics, rehabilitation, neonatal research, brain computer interface, urology (bladder contraction), and neurology (neurovascular coupling). There are also applications in other areas as well such as pharmaceutical, food and agrochemical quality control, atmospheric chemistry, and combustion research.

LPI (LP Information)' newest research report, the “Near Infrared Spectroscopy Industry Forecast” looks at past sales and reviews total world Near Infrared Spectroscopy sales in 2022, providing a comprehensive analysis by region and market sector of projected Near Infrared Spectroscopy sales for 2023 through 2029. With Near Infrared Spectroscopy sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Near Infrared Spectroscopy industry.

This Insight Report provides a comprehensive analysis of the global Near Infrared Spectroscopy landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Near Infrared Spectroscopy portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Near Infrared Spectroscopy market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Near Infrared Spectroscopy and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Near Infrared Spectroscopy.

The global Near Infrared Spectroscopy market size is projected to grow from US$ 499.4 million in 2022 to US$ 636.5 million in 2029; it is expected to grow at a CAGR of 636.5 from 2023 to 2029.

Thermo Fisher, Bruker, PerkinElmer, FOSS A/S and Buchi Labortechnik are the leading manufacturers of Near-infrared Spectroscopy, the top 3 accounting for about 35% of the market share.

North America is the largest market, holding about 35% of the market. Europe is next with about 30%.

This report presents a comprehensive overview, market shares, and growth opportunities of Near Infrared Spectroscopy market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Single Beam
Double Beam
Other

Segmentation by application
Scientific Research
Food Industry
Pharmaceutical Industry
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Agilent Technologies
Bruker
PerkinElmer
Thermo Fisher Scientific
ABB
Brimrose
BUCHI Labortechnik
Foss
Lumex Instruments
Metrohm
Ocean Optics
Sartorius
Shimadzu
Zeltex

Key Questions Addressed in this Report

What is the 10-year outlook for the global Near Infrared Spectroscopy market?

What factors are driving Near Infrared Spectroscopy market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Near Infrared Spectroscopy market opportunities vary by end market size?

How does Near Infrared Spectroscopy break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.