The global digital spectrometer market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for portable and desktop spectrometers in various applications such as automotive, aerospace and defense, information technology and telecommunications, consumer electronics, medical insurance, energy and utilities. The increasing demand for these devices in various industries is driving the growth of this market.
The global digital spectrometer market by type is segmented into portable and desktop types. The portable type segment accounted for a share of over 50% in 2017 owing to its high portability feature which makes it easy to carry around without any hassle. Desktop type accounted for a share of over 40% in 2017 owing to its high accuracy feature which makes it suitable for industrial use cases such as quality control testing or research purposes where accuracy is paramount.
The global digital spectrometer market by application includes automotive, aerospace and defense, information technology and telecommunications (IT&T), consumer electronics (CE), medical insurance (MI), energy & utilities (EU). Automotive was the largest application segment with a share of over 30% in 2017 due to its wide usage across various industries such as manufacturing plants or warehouses where they are used extensively for quality control testing or research purposes where accuracy is paramount. Aerospace & Defense was the second largest application segment with a share of over 25%. IT&T was the third largest application segment with a share of over 20%.
- The increasing demand for the digital spectrometer in the pharmaceutical industry is a major factor driving the growth of this market.
- The increasing demand for digital spectrometers in research and development laboratories is also a major factor driving the growth of this market.
- The increasing use of digital spectrometers in various industries such as food, chemical, and environmental industries is also a major factor driving the growth of this market.
- The growing need to measure light intensity accurately is another factor that will drive the growth of this market over time.
- Increasing awareness about benefits offered by digital spectrometers will also drive the growth of this market.
Industry Growth Insights published a new data on “Digital Spectrometer Market”. The research report is titled “Digital Spectrometer Market research by Types (Portable, Desktop), By Applications (Automobile, Aerospace and Defense, Information Technology and Telecommunications, Consumer Electronics, Medical Insurance, Energy and Utilities, Other), By Players/Companies Anritsu, Keysight, EXFO, VIAVI Solutions, Advantest, VeEX Inc, Yokogawa, AMS Technologies, Finisar, Optoplex Corporation, Aragon Photonics, New Ridge Technologies, Apex Technologies, ADC Corporation”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Spectrometer Market Research Report
By Type
Portable, Desktop
By Application
Automobile, Aerospace and Defense, Information Technology and Telecommunications, Consumer Electronics, Medical Insurance, Energy and Utilities, Other
By Companies
Anritsu, Keysight, EXFO, VIAVI Solutions, Advantest, VeEX Inc, Yokogawa, AMS Technologies, Finisar, Optoplex Corporation, Aragon Photonics, New Ridge Technologies, Apex Technologies, ADC Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Digital Spectrometer Market Report Segments:
The global Digital Spectrometer market is segmented on the basis of:
Types
Portable, Desktop
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile, Aerospace and Defense, Information Technology and Telecommunications, Consumer Electronics, Medical Insurance, Energy and Utilities, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Anritsu
- Keysight
- EXFO
- VIAVI Solutions
- Advantest
- VeEX Inc
- Yokogawa
- AMS Technologies
- Finisar
- Optoplex Corporation
- Aragon Photonics
- New Ridge Technologies
- Apex Technologies
- ADC Corporation
Highlights of The Digital Spectrometer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable
- Desktop
- By Application:
- Automobile
- Aerospace and Defense
- Information Technology and Telecommunications
- Consumer Electronics
- Medical Insurance
- Energy and Utilities
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Spectrometer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A digital spectrometer is a type of instrument that uses light to measure the properties of matter. This includes things like temperature, pressure, and chemical composition.
Some of the major companies in the digital spectrometer market are Anritsu, Keysight, EXFO, VIAVI Solutions, Advantest, VeEX Inc, Yokogawa, AMS Technologies, Finisar, Optoplex Corporation, Aragon Photonics, New Ridge Technologies, Apex Technologies, ADC Corporation.
The digital spectrometer market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Digital Spectrometer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Digital Spectrometer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Digital Spectrometer Market - Supply Chain
4.5. Global Digital Spectrometer Market Forecast
4.5.1. Digital Spectrometer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Digital Spectrometer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Digital Spectrometer Market Absolute $ Opportunity
5. Global Digital Spectrometer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Digital Spectrometer Market Size and Volume Forecast by Type
5.3.1. Portable
5.3.2. Desktop
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Digital Spectrometer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Digital Spectrometer Market Size and Volume Forecast by Application
6.3.1. Automobile
6.3.2. Aerospace and Defense
6.3.3. Information Technology and Telecommunications
6.3.4. Consumer Electronics
6.3.5. Medical Insurance
6.3.6. Energy and Utilities
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Digital Spectrometer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Digital Spectrometer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Digital Spectrometer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Digital Spectrometer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Digital Spectrometer Demand Share Forecast, 2019-2026
9. North America Digital Spectrometer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Digital Spectrometer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Digital Spectrometer Market Size and Volume Forecast by Application
9.4.1. Automobile
9.4.2. Aerospace and Defense
9.4.3. Information Technology and Telecommunications
9.4.4. Consumer Electronics
9.4.5. Medical Insurance
9.4.6. Energy and Utilities
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Digital Spectrometer Market Size and Volume Forecast by Type
9.7.1. Portable
9.7.2. Desktop
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Digital Spectrometer Demand Share Forecast, 2019-2026
10. Latin America Digital Spectrometer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Digital Spectrometer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Digital Spectrometer Market Size and Volume Forecast by Application
10.4.1. Automobile
10.4.2. Aerospace and Defense
10.4.3. Information Technology and Telecommunications
10.4.4. Consumer Electronics
10.4.5. Medical Insurance
10.4.6. Energy and Utilities
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Digital Spectrometer Market Size and Volume Forecast by Type
10.7.1. Portable
10.7.2. Desktop
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Digital Spectrometer Demand Share Forecast, 2019-2026
11. Europe Digital Spectrometer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Digital Spectrometer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Digital Spectrometer Market Size and Volume Forecast by Application
11.4.1. Automobile
11.4.2. Aerospace and Defense
11.4.3. Information Technology and Telecommunications
11.4.4. Consumer Electronics
11.4.5. Medical Insurance
11.4.6. Energy and Utilities
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Digital Spectrometer Market Size and Volume Forecast by Type
11.7.1. Portable
11.7.2. Desktop
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Digital Spectrometer Demand Share, 2019-2026
12. Asia Pacific Digital Spectrometer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Digital Spectrometer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Digital Spectrometer Market Size and Volume Forecast by Application
12.4.1. Automobile
12.4.2. Aerospace and Defense
12.4.3. Information Technology and Telecommunications
12.4.4. Consumer Electronics
12.4.5. Medical Insurance
12.4.6. Energy and Utilities
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Digital Spectrometer Market Size and Volume Forecast by Type
12.7.1. Portable
12.7.2. Desktop
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Digital Spectrometer Demand Share, 2019-2026
13. Middle East & Africa Digital Spectrometer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Digital Spectrometer Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Digital Spectrometer Market Size and Volume Forecast by Application
13.4.1. Automobile
13.4.2. Aerospace and Defense
13.4.3. Information Technology and Telecommunications
13.4.4. Consumer Electronics
13.4.5. Medical Insurance
13.4.6. Energy and Utilities
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Digital Spectrometer Market Size and Volume Forecast by Type
13.7.1. Portable
13.7.2. Desktop
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Digital Spectrometer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Digital Spectrometer Market: Market Share Analysis
14.2. Digital Spectrometer Distributors and Customers
14.3. Digital Spectrometer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Anritsu
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Keysight
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. EXFO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. VIAVI Solutions
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Advantest
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. VeEX Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yokogawa
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AMS Technologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Finisar
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Optoplex Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Aragon Photonics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. New Ridge Technologies
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Apex Technologies
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ADC Corporation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
