Global Substance Identifier Market Growth 2025-2031

The global Substance Identifier market size is predicted to grow from US$ 646 million in 2025 to US$ 781 million in 2031; it is expected to grow at a CAGR of 3.2% from 2025 to 2031.

A substance identifier is an instrument that can detect specific chemical components in a sample and analyze and identify them using different physical and chemical properties. It usually has high precision and reliability, and can quickly and accurately detect the chemical composition of substances.

United States market for Substance Identifier is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Substance Identifier is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Substance Identifier is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Substance Identifier players cover Thermo Fisher Scientific, Nirlab, Rigaku, Agilent, Smiths Detection, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Substance Identifier Industry Forecast” looks at past sales and reviews total world Substance Identifier sales in 2024, providing a comprehensive analysis by region and market sector of projected Substance Identifier sales for 2025 through 2031. With Substance Identifier sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Substance Identifier industry.

This Insight Report provides a comprehensive analysis of the global Substance Identifier 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 Substance Identifier portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Substance Identifier market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Substance Identifier 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 Substance Identifier.

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

Segmentation by Type:
Touch Screen Type
Button Type

Segmentation by Application:
Law Enforcement & Security Screening
Industrial Inspection
Jewelry Appraisal
Food Safety
Drug Analysis
Others

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 analysing the company's coverage, product portfolio, its market penetration.
Thermo Fisher Scientific
Nirlab
Rigaku
Agilent
Smiths Detection
FLIR Systems
Serstech
Nuctech
Jinsp
Senbe

Key Questions Addressed in this Report

What is the 10-year outlook for the global Substance Identifier market?

What factors are driving Substance Identifier market growth, globally and by region?

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

How do Substance Identifier market opportunities vary by end market size?

How does Substance Identifier break out by Type, by Application?

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