Market Overview:
The global FTNIR analyzer market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for online and offline FTNIR analyzers from various end-use industries such as pharmaceutical, cosmetic, food, and laboratory. North America is expected to hold the largest share of the global FTNIR analyzer market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to witness the highest growth rate during the forecast period due to rising demand for FTNIR analyzers from countries such as China and India.
Product Definition:
FTNIR (Fourier Transform Near Infrared) spectroscopy is a technique used to identify and measure the spectral properties of materials. This information can be used to identify the material, determine its composition, and measure its purity. FTNIR analyzers are widely used in a variety of industries, including food and beverage, pharmaceuticals, environmental testing, and forensics.
Online Measurement:
Online measurement is a technique to measure the optical property of materials such as lenses, prisms and other transparent media. It provides an alternative to traditional techniques that require physical sample measurements and can be applied in-situ. Online measurement offers high speed, better accuracy along with providing cost benefits over conventional techniques. The FTNIR analyzer market is expected to witness significant growth owing to its increasing demand across various application areas such as automotive & transportation, consumer electronics & semiconductors manufacturing industries.
Offline Measurement:
Offline measurement is a traditional method used in the field of fiber optic network infrastructure for measuring the real world characteristics such as Round Trip Time (RTT), path loss, and signal strength. The offline measurement is performed by using optical fibers that are connected to test instruments or electronic devices. These electronic devices are known as Optical Network Units (ONU) or Optical Fiber Transceiver (OTN) boxes present at various points in a network.
Application Insights:
The others segment includes the application of FT-NIR in food, cosmetic, pharmaceutical and lab industries. The cosmetic industry is expected to emerge as a key user of these analyzers due to increasing demand for natural cosmetics products. In addition, regulations such as Food & Drug Administration (FDA)¢â‚¬â„¢s Current Good Manufacturing Practice (CGMP) guidelines are expected to drive the market growth over the forecast period.
Food and pharmaceutical industries are major users of FT-NIR analyzers owing to their focus on quality control procedures and product differentiation strategies. In addition, stringent government regulations related to food safety are driving demand in these sectors globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of major players such as PerkinElmer, Inc.; Bio-Rad Laboratories; and Thermo Fisher Scientific, Inc. Moreover, these companies are continuously investing in research & development activities to develop advanced products for rapid diagnosis. This has resulted in North America being at the forefront of technological advancements across all other regions.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing demand for rapid diagnostic solutions from various end-use industries such as medical and healthcare facilities; laboratories; food processing units/factories; hospitals & clinics; among others requiring immediate results with high accuracy levels coupled with low costs involved anywhere between a few dollars per test up to several tens or hundreds of dollars per test range). In addition, growing penetration rates for optical imaging devices used during clinical procedures are also anticipated favorably impact regional growth over the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for quality control and product authentication in various industries
- Growing application of FTIR analyzers in research and development activities
- Rising need for advanced analytical instruments to detect impurities and adulterants in food products
- Proliferation of nanotechnology-based products that require sophisticated analysis
- Technological advancements that have led to the development of miniaturized FTIR analyzers
Scope Of The Report
Report Attributes
Report Details
Report Title
FTNIR Analyzer Market Research Report
By Type
Online Measurement, Offline Measurement
By Application
Pharmaceutical, Cosmetic, Food, Lab, Others
By Companies
Yokogawa, Thermo Fisher, ABB, PerkinElmer, Bruker, BUCHI
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global FTNIR Analyzer Market Report Segments:
The global FTNIR Analyzer market is segmented on the basis of:
Types
Online Measurement, Offline Measurement
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
Pharmaceutical, Cosmetic, Food, Lab, Others
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:
- Yokogawa
- Thermo Fisher
- ABB
- PerkinElmer
- Bruker
- BUCHI
Highlights of The FTNIR Analyzer 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:
- Online Measurement
- Offline Measurement
- By Application:
- Pharmaceutical
- Cosmetic
- Food
- Lab
- Others
- 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 FTNIR Analyzer 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
FTNIR Analyzer is a tool that allows users to measure the spectral properties of infrared radiation. This can be used for a variety of purposes, such as determining the temperature and composition of objects in the infrared spectrum.
Some of the major companies in the ftnir analyzer market are Yokogawa, Thermo Fisher, ABB, PerkinElmer, Bruker, BUCHI.
The ftnir analyzer market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 FTNIR Analyzer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 FTNIR Analyzer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 FTNIR Analyzer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the FTNIR Analyzer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global FTNIR Analyzer Market Size & Forecast, 2020-2028
4.5.1 FTNIR Analyzer Market Size and Y-o-Y Growth
4.5.2 FTNIR Analyzer Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Online Measurement
5.2.2 Offline Measurement
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Cosmetic
6.2.3 Food
6.2.4 Lab
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global FTNIR Analyzer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 FTNIR Analyzer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Online Measurement
9.6.2 Offline Measurement
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Cosmetic
9.10.3 Food
9.10.4 Lab
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Online Measurement
10.6.2 Offline Measurement
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Cosmetic
10.10.3 Food
10.10.4 Lab
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Online Measurement
11.6.2 Offline Measurement
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Cosmetic
11.10.3 Food
11.10.4 Lab
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Online Measurement
12.6.2 Offline Measurement
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Cosmetic
12.10.3 Food
12.10.4 Lab
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Online Measurement
13.6.2 Offline Measurement
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Cosmetic
13.10.3 Food
13.10.4 Lab
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 FTNIR Analyzer Market: Competitive Dashboard
14.2 Global FTNIR Analyzer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yokogawa
14.3.2 Thermo Fisher
14.3.3 ABB
14.3.4 PerkinElmer
14.3.5 Bruker
14.3.6 BUCHI
