Near-Infrared Spectrum Analyzer Market
is anticipated to witness an exponential growth in the forecast period. Factors
such as increase in use of NIRS during process monitoring, technological
advancement, increase in demand for quality purpose and specific tests, rise of
non-invasive diagnostic techniques, increasing demand from healthcare sector,
rising food safety concerns, increase in demand for nutritional evaluation of
food, and rising government funding on research and development are likely to
drive the market in forthcoming period.
On the other hand, the high cost of NIRS devices is
anticipated to hinder near-infrared spectrum analyzer market growth in the
future. However, rising uses of infrared technology are likely to create
lucrative opportunities for the market. Globally, market is anticipated to
expand at a significant CAGR in the upcoming period as the scope, product
types, and its applications are increasing across the globe.
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Near-infrared spectrum analyzer market could be explored by
product type, type, application, sale channel, and geography. Market could be
explored by product type as Dispersive NIR Analyzer, FT-NIR Analyzer, and
Others (Filter and AOTF). Based on the type, market could span Hand Held and
Bench Top. The “Bench Top” segment accounted for a prominent share in the
market. It is likely to witness substantial growth in the years to come.
The key applications that could be explored in the
near-infrared spectrum analyzer market include Food and Agriculture Industry,
Polymer Industry, Oil and Gas Industry, Pharmaceutical Industry and Other. The
“Pharmaceutical Industry” segment accounted for a prominent share in the
market. It is likely to witness substantial growth in the years to come. The
key factors that could be attributed to the growth of market include it is used
for improving the control and monitoring of pharmaceutical procedures quality
assurance.
The near-infrared spectrum analyzer industry could be
explored based on sale channel as Direct sale and Distributor. The “Direct Sale”
segment accounted for a prominent share in the market. It is likely to witness
substantial growth in the years to come.
North America is a leading region in the market. It is
likely to maintain its dominance in the forecast period owing to factors, such
as growing uses of infrared technology, technological advancement,
near-infrared imaging in the medical segment and wide-ranging use of the
technology in research and development procedure. North America is followed by
followed by Japan, Western Europe and in Asia Pacific region owing to an
increase in demand for research process due to the economic environment and
accessibility of resources.
Key players operating in the near-infrared spectrum analyzer
market include Unity Scientific, Bruker, Thermo Fisher Scientific, Buchi, FOSS,
Patton (PerkinElmer), ABB, Yokogawa, Agilent Technologies, Guided Wave
(Advanced Group), Shimadzu, Hitachi, and ZEUTEC. The leading companies are
taking up partnerships, mergers and acquisitions, and joint ventures in order
to boost the inorganic growth of the industry.
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Market Segment:
On the basis of
product, this report displays the production, revenue, price, market share and
growth rate of each type, primarily split into
• FT-NIR Analyzer
• Dispersive NIR Analyzer
• Others (AOTF,Filter)
On the basis on the
end users/applications, this report focuses on the status and outlook for major
applications/end users, consumption (sales), market share and growth rate of
Near-Infrared Spectrum Analyzer for each application, including
• Polymer Industry
• Food and Agriculture Industry
• Pharmaceutical Industry
• Oil and Gas Industry
• Other
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