Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global IR Spectrometers Market by Type (MIR, FIR, NIR), By Application (Polymer Industry, Food and Agriculture Industry, Pharmaceutical Industry, Oil and Gas, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global IR Spectrometers Market by Type (MIR, FIR, NIR), By Application (Polymer Industry, Food and Agriculture Industry, Pharmaceutical Industry, Oil and Gas, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 249740 4200 Machinery & Equipment 377 226 Pages 4.9 (34)
                                          

Market Overview:


The global IR spectrometers 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 IR spectrometers in various applications such as polymer industry, food and agriculture industry, pharmaceutical industry, oil and gas, and others. Additionally, the growing demand for miniaturized IR spectrometers is also contributing to the growth of this market. However, factors such as high cost of ownership and maintenance may restrain the growth of this market during the forecast period.


Global IR Spectrometers Industry Outlook


Product Definition:


An IR spectrometer measures the intensity of light at different wavelengths in the infrared region of the electromagnetic spectrum. This information is used to identify and study the chemical composition of a material.


MIR:


The Mid-Infrared (MIR) region extends from 8 to 10µm and is characterized by the absorption of light by carbon dioxide, water, and other molecules. The MIR region is important for applications such as remote sensing, atmospheric science, bio-imaging in the near infrared range offers a number of advantages over conventional imaging techniques.


FIR:


Infrared Spectrometer is an instrument used for measuring the infrared spectrum of any substance. It’s basically a device that allows measurement of wavelengths between 10 and 300 nm. The most commonly used part of spectrometer is called fiber optic, which consists of optical fibers through which light travels in a straight line from source to detector. Fiber optic provides high transmission and low absorption, hence it’s widely used in IR spectroscopy applications.


Application Insights:


The polymer industry, food and agriculture industry, pharmaceutical industry, and oil and gas are the key application areas of infrared spectrometers. In 2017, these industries accounted for over 60% of the overall market revenue. The growth rate in these application sectors is expected to remain high during the forecast period owing to increasing demand for polymers across various end-use industries including construction materials & engineering.


In terms of revenue, North America IR spectrometers market was valued at USD Candian in 2017 which is expected to grow at a CAGR around 7% from 2018 to 2030. Factors such as presence of major players with advanced R&D facilities coupled with growing demand from various applications are anticipated drive growth over the forecast period.


Regional Analysis:


North America dominated the global market in terms of revenue share in 2016. The growth can be attributed to the increasing adoption of spectrometers for polymer analysis, their application-specific design and high demand from research institutes. Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising government initiatives for agricultural development coupled with increasing need for food security. Moreover, growing population and industrialization are likely to fuel demand over this period.


The Middle East & Africa region is anticipated to grow at a significant rate owing to oil & gas exploration activities across various countries such as UAE, Saudi Arabia, Qatar etc., which has led major players including Schlumberger Limited; Halliburton; Honeywell International Inc.; and General Electric Co., Ltd.; among others have started deploying these devices in this region as well as worldwide thus fueling regional market growth significantly over the forecast period.


Growth Factors:


  • Increasing demand for IR spectrometers in the pharmaceutical and biotechnology industries for drug discovery and development
  • Rising demand from academic research institutes for advanced analytical instruments to support their research activities
  • Growing popularity of IR spectroscopy as a powerful tool for qualitative and quantitative analysis in food and beverage industry
  • Increasing use of IR spectrometers in forensic science to identify unknown substances
  • Proliferation of nanotechnology-based products that require characterization using infrared spectroscopy

Scope Of The Report

Report Attributes

Report Details

Report Title

IR Spectrometers Market Research Report

By Type

MIR, FIR, NIR

By Application

Polymer Industry, Food and Agriculture Industry, Pharmaceutical Industry, Oil and Gas, Others

By Companies

Thermo Fisher, Foss A/S, Bruker, PerkinElmer, Buchi Labortechnik, Unity Scientific (KPM Analytics), ABB, Agilent Technologies, Shimadzu, Guided Wave (Advanced Group), Thermo Fisher, ZEUTEC, Sartorius, Yokogawa Electric

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

226

Number of Tables & Figures

159

Customization Available

Yes, the report can be customized as per your need.


Global IR Spectrometers Market Report Segments:

The global IR Spectrometers market is segmented on the basis of:

Types

MIR, FIR, NIR

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

Polymer Industry, Food and Agriculture Industry, Pharmaceutical Industry, Oil and Gas, 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:

  1. Thermo Fisher
  2. Foss A/S
  3. Bruker
  4. PerkinElmer
  5. Buchi Labortechnik
  6. Unity Scientific (KPM Analytics)
  7. ABB
  8. Agilent Technologies
  9. Shimadzu
  10. Guided Wave (Advanced Group)
  11. Thermo Fisher
  12. ZEUTEC
  13. Sartorius
  14. Yokogawa Electric

Global IR Spectrometers Market Overview


Highlights of The IR Spectrometers Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. MIR
    2. FIR
    3. NIR
  1. By Application:

    1. Polymer Industry
    2. Food and Agriculture Industry
    3. Pharmaceutical Industry
    4. Oil and Gas
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the IR Spectrometers 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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Global IR Spectrometers Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


An IR spectrometer is a device used to measure the intensity of infrared radiation. This type of radiation is invisible to the human eye, but can be detected by special equipment. IR spectrometers are often used in scientific research and manufacturing processes.

Some of the major companies in the ir spectrometers market are Thermo Fisher, Foss A/S, Bruker, PerkinElmer, Buchi Labortechnik, Unity Scientific (KPM Analytics), ABB, Agilent Technologies, Shimadzu, Guided Wave (Advanced Group), Thermo Fisher, ZEUTEC, Sartorius, Yokogawa Electric.

The ir spectrometers 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 IR Spectrometers 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 IR Spectrometers Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 IR Spectrometers 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 IR Spectrometers 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 IR Spectrometers Market Size & Forecast, 2018-2028       4.5.1 IR Spectrometers Market Size and Y-o-Y Growth       4.5.2 IR Spectrometers Market Absolute $ Opportunity

Chapter 5 Global IR Spectrometers 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 IR Spectrometers Market Size Forecast by Type
      5.2.1 MIR
      5.2.2 FIR
      5.2.3 NIR
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global IR Spectrometers 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 IR Spectrometers Market Size Forecast by Applications
      6.2.1 Polymer Industry
      6.2.2 Food and Agriculture Industry
      6.2.3 Pharmaceutical Industry
      6.2.4 Oil and Gas
      6.2.5 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global IR Spectrometers 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 IR Spectrometers 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 IR Spectrometers Analysis and Forecast
   9.1 Introduction
   9.2 North America IR Spectrometers 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 IR Spectrometers Market Size Forecast by Type
      9.6.1 MIR
      9.6.2 FIR
      9.6.3 NIR
   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 IR Spectrometers Market Size Forecast by Applications
      9.10.1 Polymer Industry
      9.10.2 Food and Agriculture Industry
      9.10.3 Pharmaceutical Industry
      9.10.4 Oil and Gas
      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 IR Spectrometers Analysis and Forecast
   10.1 Introduction
   10.2 Europe IR Spectrometers 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 IR Spectrometers Market Size Forecast by Type
      10.6.1 MIR
      10.6.2 FIR
      10.6.3 NIR
   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 IR Spectrometers Market Size Forecast by Applications
      10.10.1 Polymer Industry
      10.10.2 Food and Agriculture Industry
      10.10.3 Pharmaceutical Industry
      10.10.4 Oil and Gas
      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 IR Spectrometers Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific IR Spectrometers 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 IR Spectrometers Market Size Forecast by Type
      11.6.1 MIR
      11.6.2 FIR
      11.6.3 NIR
   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 IR Spectrometers Market Size Forecast by Applications
      11.10.1 Polymer Industry
      11.10.2 Food and Agriculture Industry
      11.10.3 Pharmaceutical Industry
      11.10.4 Oil and Gas
      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 IR Spectrometers Analysis and Forecast
   12.1 Introduction
   12.2 Latin America IR Spectrometers 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 IR Spectrometers Market Size Forecast by Type
      12.6.1 MIR
      12.6.2 FIR
      12.6.3 NIR
   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 IR Spectrometers Market Size Forecast by Applications
      12.10.1 Polymer Industry
      12.10.2 Food and Agriculture Industry
      12.10.3 Pharmaceutical Industry
      12.10.4 Oil and Gas
      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) IR Spectrometers Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) IR Spectrometers 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) IR Spectrometers Market Size Forecast by Type
      13.6.1 MIR
      13.6.2 FIR
      13.6.3 NIR
   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) IR Spectrometers Market Size Forecast by Applications
      13.10.1 Polymer Industry
      13.10.2 Food and Agriculture Industry
      13.10.3 Pharmaceutical Industry
      13.10.4 Oil and Gas
      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 IR Spectrometers Market: Competitive Dashboard
   14.2 Global IR Spectrometers Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Thermo Fisher
      14.3.2 Foss A/S
      14.3.3 Bruker
      14.3.4 PerkinElmer
      14.3.5 Buchi Labortechnik
      14.3.6 Unity Scientific (KPM Analytics)
      14.3.7 ABB
      14.3.8 Agilent Technologies
      14.3.9 Shimadzu
      14.3.10 Guided Wave (Advanced Group)
      14.3.11 Thermo Fisher
      14.3.12 ZEUTEC
      14.3.13 Sartorius
      14.3.14 Yokogawa Electric

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