Market Overview:
The global handheld spectroradiometers 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 handheld spectroradiometers for various applications such as panel, lighting, and others. Additionally, the growing awareness about energy-efficient lighting is also propelling the growth of this market. However, factors such as high cost and lack of standardization may restrain the growth of this market to some extent during the forecast period.
Product Definition:
A handheld spectroradiometer is a device used to measure the spectral irradiance of electromagnetic radiation. This information can be used to determine the spectral power distribution (SPD) of a light source, or to characterize the spectral reflectance or transmittance of a material. Handheld spectroradiometers are often used in applications such as photometry, colorimetry, and radiometry.
Field Spectroradiometers:
Handheld spectroradiometers are instruments that are used to measure the intensity of light in the visible spectrum. They can be used for a variety of applications such as monitoring surface temperature, measuring water quality, and determining soil moisture content among others. The market is expected to grow at a significant rate owing to its increasing application areas coupled with technological advancements made in this field.
Lab Spectroradiometers:
Lab spectroradiometers are instruments used to measure the intensity of light in a specific wave length range. They are also known as portable radiometers or handheld thermometers. These devices can be used for both industrial and medical purposes. The Lab spectroradiometer is an electronic device that measures the intensity of light in a specific wave length range, i.e.
Application Insights:
Panel application dominated the global handheld spectroradiometers market in 2017, accounting for over 60% of the overall revenue share. The use of handheld devices for measuring solar radiation is not limited to panels only; it can also be used to measure other surfaces such as roofs and facades. Furthermore, panel-based HRCs are being replaced by LED lighting solutions across various applications such as traffic signals and streetlights. This trend is expected to drive demand over the forecast period.
The lighting segment accounted for a significant market share in terms of both revenue generation as well as volume in 2017 due to its wide application scope across numerous end-use industries including construction, automotive & transportation, energy consumption and others.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of field and lab spectroradiometers by researchers for remote sensing applications in various fields such as forestry, climatology, hydrology, etc. Furthermore, technological advancements related to handheld devices are also expected to drive the regional demand over the next eight years.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising government initiatives pertaining toward climate change and other environmental issues across countries such as India and China along with Indonesia & Malaysia among others). These governments have started taking into consideration solar radiation measurements taken using hand-held devices for effective management of natural resources leading towards sustainable development which will further boost product demand during future years of study (2018-2030).
Growth Factors:
- Increasing demand for handheld spectroradiometers in the construction and automotive industries for quality control and product development purposes.
- Growing popularity of portable devices among consumers, which is resulting in an increase in demand for handheld spectroradiometers.
- Rising awareness about the benefits of using handheld spectroradiometers among consumers, professionals, and businesses alike.
- The increasing use of handheld spectroradiometers by researchers to study light-emitting diode (LED) technology and its impact on human health and environment 5 Increased R&D spending by manufacturers to develop innovative products that can cater to the needs of different end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Handheld Spectroradiometers Market Research Report
By Type
Field Spectroradiometers, Lab Spectroradiometers
By Application
Panel, Lighting, Others
By Companies
Gamma Scientific, Horiba, Quantum Design GmbH, GOSSEN, Konica Minolta, Topcon Technohouse, Photo Research, Inc.
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Handheld Spectroradiometers Market Report Segments:
The global Handheld Spectroradiometers market is segmented on the basis of:
Types
Field Spectroradiometers, Lab Spectroradiometers
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
Panel, Lighting, 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:
- Gamma Scientific
- Horiba
- Quantum Design GmbH
- GOSSEN
- Konica Minolta
- Topcon Technohouse
- Photo Research, Inc.
Highlights of The Handheld Spectroradiometers 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:
- Field Spectroradiometers
- Lab Spectroradiometers
- By Application:
- Panel
- Lighting
- 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 Handheld Spectroradiometers 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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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 handheld spectroradiometer is a device that measures the amount of light received by an object. This can be used to measure things like temperature, brightness, and atmospheric conditions.
Some of the key players operating in the handheld spectroradiometers market are Gamma Scientific, Horiba, Quantum Design GmbH, GOSSEN, Konica Minolta, Topcon Technohouse, Photo Research, Inc..
The handheld spectroradiometers market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Handheld Spectroradiometers 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 Handheld Spectroradiometers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Handheld Spectroradiometers 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 Handheld Spectroradiometers 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 Handheld Spectroradiometers Market Size & Forecast, 2018-2028
4.5.1 Handheld Spectroradiometers Market Size and Y-o-Y Growth
4.5.2 Handheld Spectroradiometers Market Absolute $ Opportunity
Chapter 5 Global Handheld Spectroradiometers 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 Handheld Spectroradiometers Market Size Forecast by Type
5.2.1 Field Spectroradiometers
5.2.2 Lab Spectroradiometers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Handheld Spectroradiometers 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 Handheld Spectroradiometers Market Size Forecast by Applications
6.2.1 Panel
6.2.2 Lighting
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Handheld Spectroradiometers 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 Handheld Spectroradiometers 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 Handheld Spectroradiometers Analysis and Forecast
9.1 Introduction
9.2 North America Handheld Spectroradiometers 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 Handheld Spectroradiometers Market Size Forecast by Type
9.6.1 Field Spectroradiometers
9.6.2 Lab Spectroradiometers
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 Handheld Spectroradiometers Market Size Forecast by Applications
9.10.1 Panel
9.10.2 Lighting
9.10.3 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 Handheld Spectroradiometers Analysis and Forecast
10.1 Introduction
10.2 Europe Handheld Spectroradiometers 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 Handheld Spectroradiometers Market Size Forecast by Type
10.6.1 Field Spectroradiometers
10.6.2 Lab Spectroradiometers
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 Handheld Spectroradiometers Market Size Forecast by Applications
10.10.1 Panel
10.10.2 Lighting
10.10.3 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 Handheld Spectroradiometers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Handheld Spectroradiometers 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 Handheld Spectroradiometers Market Size Forecast by Type
11.6.1 Field Spectroradiometers
11.6.2 Lab Spectroradiometers
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 Handheld Spectroradiometers Market Size Forecast by Applications
11.10.1 Panel
11.10.2 Lighting
11.10.3 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 Handheld Spectroradiometers Analysis and Forecast
12.1 Introduction
12.2 Latin America Handheld Spectroradiometers 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 Handheld Spectroradiometers Market Size Forecast by Type
12.6.1 Field Spectroradiometers
12.6.2 Lab Spectroradiometers
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 Handheld Spectroradiometers Market Size Forecast by Applications
12.10.1 Panel
12.10.2 Lighting
12.10.3 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) Handheld Spectroradiometers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Handheld Spectroradiometers 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) Handheld Spectroradiometers Market Size Forecast by Type
13.6.1 Field Spectroradiometers
13.6.2 Lab Spectroradiometers
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) Handheld Spectroradiometers Market Size Forecast by Applications
13.10.1 Panel
13.10.2 Lighting
13.10.3 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 Handheld Spectroradiometers Market: Competitive Dashboard
14.2 Global Handheld Spectroradiometers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gamma Scientific
14.3.2 Horiba
14.3.3 Quantum Design GmbH
14.3.4 GOSSEN
14.3.5 Konica Minolta
14.3.6 Topcon Technohouse
14.3.7 Photo Research, Inc.
