Market Overview:
Micro spectrometers are miniature devices that measure the spectral content of light. They have a wide range of applications in various industries such as pharmaceutics, food & beverages, agriculture, environment testing and others. The global micro spectrometers market is expected to grow at a CAGR of 9.5% during the forecast period 2018-2030. On the basis of application, the market is segmented into pharmaceutics, food & beverages, agriculture, environment testing and others. Regionally, North America dominates the global microspectrometer market followed by Europe and Asia Pacific respectively.
Product Definition:
A micro spectrometer is a device that can be used to analyze the spectral content of light. This type of spectrometer is typically small in size and can be used to measure the spectral properties of objects that are too small to be analyzed with traditional spectrometers. The importance of microspectrometers lies in their ability to provide detailed information about the spectral properties of tiny objects. This information can be used for a variety of purposes, including the development and evaluation of new technologies, pharmaceutical research, and forensic analysis.
MEMS (Microelectromechanical Systems):
It has gained popularity as it offers advantages such as low power consumption, miniaturization, and cost-effectiveness.
The global MEMS market size was valued at USD 648.1 million in 2015.
MOEMS (Micro-Opto-Electro-Mechanical Systems):
MOEMS (Micro-Opto-Electro-Mechanical Systems) is a technology that uses light to measure motion and position. It combines the advantages of both optomechanical systems and electomechanical systems. Optomechanical system has the advantage of fast response time but it's disadvantage is limited detection range, whereas electomechanical system has high sensitivity but low speed of measurement.
Application Insights:
Pharmaceutical testing dominated the global market in terms of revenue share in 2017. The spectrometers are used for compound identification, purity assessment, and quality control during the manufacturing process of pharmaceutical products. They aid in analyzing solutions by providing data on concentration and composition which is helpful for determining if a solution is contaminated or not. This aids in maintaining product quality throughout the production process as well as helps enhance efficiency.
The food & beverage application segment accounted for over 11% share of total revenue in 2017 due to high demand from various industries such as dairy, beverages, packaged foods & snacks among others that require precise measurements regarding impurities and compounds during their production processes.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of pharmaceutical and biotechnology companies. These players are engaged in R&D activities for micro spectrometers application in drug discovery, food analysis, environmental testing, and others. The region is expected to maintain its position during the forecast period due to increasing government funding for research projects related to spectroscopy-based techniques.
Asia Pacific is anticipated to grow at a lucrative rate over the forecast period owing to an increase in demand from end-use industries such as pharmaceuticals & chemicals, food & beverages, and others. Countries such as China and Japan have been observed making significant investments towards research on chromatography instruments with smaller volumes or high price tags associated with them; this trend is likely continue over the next eight years which will drive growth across this region significantly.
Growth Factors:
- Increasing demand for miniaturized and portable devices
- Rising application of micro spectrometers in life sciences and pharmaceuticals sector
- Growing popularity of Raman spectroscopy technique
- Proliferation of nanotechnology and its associated applications
- Technological advancements in microspectrometer design
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Spectrometers Market Research Report
By Type
MEMS (Microelectromechanical Systems), MOEMS (Micro-Opto-Electro-Mechanical Systems), Micro-Mirror Arrays, Linear Variable Filters
By Application
Pharmaceutics, Food & Beverages, Agriculture, Environment Testing, Others
By Companies
Avantes, B&W Tek, Buchi, Horiba, Ocean Optics, Stellarnet, ThermoFisher, Zeiss
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 Micro Spectrometers Market Report Segments:
The global Micro Spectrometers market is segmented on the basis of:
Types
MEMS (Microelectromechanical Systems), MOEMS (Micro-Opto-Electro-Mechanical Systems), Micro-Mirror Arrays, Linear Variable Filters
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
Pharmaceutics, Food & Beverages, Agriculture, Environment Testing, 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:
- Avantes
- B&W Tek
- Buchi
- Horiba
- Ocean Optics
- Stellarnet
- ThermoFisher
- Zeiss
Highlights of The Micro Spectrometers 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:
- MEMS (Microelectromechanical Systems)
- MOEMS (Micro-Opto-Electro-Mechanical Systems)
- Micro-Mirror Arrays
- Linear Variable Filters
- By Application:
- Pharmaceutics
- Food & Beverages
- Agriculture
- Environment Testing
- 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 Micro 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.
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?
Micro spectrometers are a type of instrument that can be used to measure small quantities of substances. They are often used in laboratories to analyze chemicals and other materials.
Some of the major companies in the micro spectrometers market are Avantes, B&W Tek, Buchi, Horiba, Ocean Optics, Stellarnet, ThermoFisher, Zeiss.
The micro spectrometers market is expected to grow at a compound annual growth rate of 9.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Micro Spectrometers 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. Micro Spectrometers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Micro Spectrometers Market - Supply Chain
4.5. Global Micro Spectrometers Market Forecast
4.5.1. Micro Spectrometers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Micro Spectrometers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Micro Spectrometers Market Absolute $ Opportunity
5. Global Micro Spectrometers 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. Micro Spectrometers Market Size and Volume Forecast by Type
5.3.1. MEMS (Microelectromechanical Systems)
5.3.2. MOEMS (Micro-Opto-Electro-Mechanical Systems)
5.3.3. Micro-Mirror Arrays
5.3.4. Linear Variable Filters
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Micro Spectrometers 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. Micro Spectrometers Market Size and Volume Forecast by Application
6.3.1. Pharmaceutics
6.3.2. Food & Beverages
6.3.3. Agriculture
6.3.4. Environment Testing
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Micro Spectrometers 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. Micro Spectrometers 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 Micro Spectrometers 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. Micro Spectrometers 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 Micro Spectrometers Demand Share Forecast, 2019-2026
9. North America Micro Spectrometers 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 Micro Spectrometers 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 Micro Spectrometers Market Size and Volume Forecast by Application
9.4.1. Pharmaceutics
9.4.2. Food & Beverages
9.4.3. Agriculture
9.4.4. Environment Testing
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Micro Spectrometers Market Size and Volume Forecast by Type
9.7.1. MEMS (Microelectromechanical Systems)
9.7.2. MOEMS (Micro-Opto-Electro-Mechanical Systems)
9.7.3. Micro-Mirror Arrays
9.7.4. Linear Variable Filters
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 Micro Spectrometers Demand Share Forecast, 2019-2026
10. Latin America Micro Spectrometers 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 Micro Spectrometers 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 Micro Spectrometers Market Size and Volume Forecast by Application
10.4.1. Pharmaceutics
10.4.2. Food & Beverages
10.4.3. Agriculture
10.4.4. Environment Testing
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Micro Spectrometers Market Size and Volume Forecast by Type
10.7.1. MEMS (Microelectromechanical Systems)
10.7.2. MOEMS (Micro-Opto-Electro-Mechanical Systems)
10.7.3. Micro-Mirror Arrays
10.7.4. Linear Variable Filters
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 Micro Spectrometers Demand Share Forecast, 2019-2026
11. Europe Micro Spectrometers 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 Micro Spectrometers 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 Micro Spectrometers Market Size and Volume Forecast by Application
11.4.1. Pharmaceutics
11.4.2. Food & Beverages
11.4.3. Agriculture
11.4.4. Environment Testing
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Micro Spectrometers Market Size and Volume Forecast by Type
11.7.1. MEMS (Microelectromechanical Systems)
11.7.2. MOEMS (Micro-Opto-Electro-Mechanical Systems)
11.7.3. Micro-Mirror Arrays
11.7.4. Linear Variable Filters
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 Micro Spectrometers Demand Share, 2019-2026
12. Asia Pacific Micro Spectrometers 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 Micro Spectrometers 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 Micro Spectrometers Market Size and Volume Forecast by Application
12.4.1. Pharmaceutics
12.4.2. Food & Beverages
12.4.3. Agriculture
12.4.4. Environment Testing
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Micro Spectrometers Market Size and Volume Forecast by Type
12.7.1. MEMS (Microelectromechanical Systems)
12.7.2. MOEMS (Micro-Opto-Electro-Mechanical Systems)
12.7.3. Micro-Mirror Arrays
12.7.4. Linear Variable Filters
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 Micro Spectrometers Demand Share, 2019-2026
13. Middle East & Africa Micro Spectrometers 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 Micro Spectrometers 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 Micro Spectrometers Market Size and Volume Forecast by Application
13.4.1. Pharmaceutics
13.4.2. Food & Beverages
13.4.3. Agriculture
13.4.4. Environment Testing
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Micro Spectrometers Market Size and Volume Forecast by Type
13.7.1. MEMS (Microelectromechanical Systems)
13.7.2. MOEMS (Micro-Opto-Electro-Mechanical Systems)
13.7.3. Micro-Mirror Arrays
13.7.4. Linear Variable Filters
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 Micro Spectrometers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Micro Spectrometers Market: Market Share Analysis
14.2. Micro Spectrometers Distributors and Customers
14.3. Micro Spectrometers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Avantes
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. B&W Tek
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Buchi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Horiba
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ocean Optics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Stellarnet
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ThermoFisher
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zeiss
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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
