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Near Infrared Spectroscopy Market Size, Share, Growth, Sales Revenue and Key Drivers Analysis

  • Writer: chhaya chavan
    chhaya chavan
  • Jan 4, 2023
  • 3 min read

The global Near Infrared (NIR) spectroscopy market size is expected to reach USD 437.3 Million at a steady CAGR of 6.2% in 2028, according to latest analysis by Emergen Research. Near infrared spectroscopy market revenue growth is driven by steady rise in demand for specific tests and improved quality results. The technology offers various advantages and is used extensively in fields such as food, pharmacy, chemicals, and agriculture which is driving market revenue growth to a significant extent currently.

This report on Near Infrared Spectroscopy market offers a detailed analysis of the trends along with the prospective growth of the same in the forecasted period. It evaluates the pricing, demand, growth, revenue, size and gross margin of the industry. For this study, the historical data has been collected from the years 2016 and 2017, taking the year 2018 as the base year and drawing a forecast for the years 2020 to 2027. The industry has seen a stable growth recently and its demand is projected to rise rapidly in the future.

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Key Players operating in the industry are:

Agilent Technologies, PerkinElmer, Thermo Fisher Scientific Inc., Bruker Corp., Hitachi Ltd., Shimadzu Corporation, Carl Zeiss AG, JASCO International Co., Ltd., Horiba Ltd., and Lumex Instruments

Radical Features of the Near Infrared Spectroscopy Market Report:

  • The report encompasses Near Infrared Spectroscopy market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements

  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently

  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies

  • Supply chain analysis along with technological advancements offered in the report

  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Near Infrared Spectroscopy industry

Segmentation:

  • Modality Outlook (Revenue, USD Million; 2018–2028)

    • Benchtop

    • Portable


  • Technology Outlook (Revenue, USD Million; 2018–2028)

    • Dispersive Infrared Spectroscopy

    • Fourier Transform Infrared (FT-IR) Spectroscopy


  • Application Outlook (Revenue, USD Million; 2018–2028)

    • Medical uses

    • Astronomical Spectroscopy

    • Remote Monitoring

    • Agriculture

    • Particle Measurement

    • Material Science

    • Industrial uses

    • Others


Regional Analysis Covers:

  • North America (U.S., Canada)

  • Europe (U.K., Italy, Germany, France, Rest of EU)

  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)

  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Thank you for reading our report. To request a customization or for further inquiries, kindly get in touch with us. Our team will ensure the report is tailored meet to your needs.

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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