Market Overview:
The global portable NIR & Raman 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 portable NIR & Raman spectrometers in various applications such as pharmaceutical, industrial sector, food and agricultural, research and academic, and others. Additionally, the growing demand for these spectrometers from emerging economies is also contributing to the growth of this market. However, factors such as high cost of these devices may restrain the growth of this market during the forecast period.
Product Definition:
Portable NIR & Raman Spectrometers are devices used to measure the chemical composition of a material. This information can be used to identify and quantify the molecules present in the material. The importance of Portable NIR & Raman Spectrometers is that they provide a non-destructive method for determining the chemical composition of a material.
Portable NIR Spectrometers:
The global portable NIR spectrometers market is expected to witness significant growth over the forecast period. The key drivers attributing to its lucrative growth include growing demand for Raman and infrared spectrometer in various application areas such as security, environment, food & beverage, pharmaceuticals and research institutes.
Growing usage of portable NIR spectrometer by researchers for various applications such as security check at airports has also contributed towards the market expansion.
Portable Raman Spectrometers:
Raman Spectrometer Market Size, Share & Trends Analysis Report By Application (Food & Beverages, Pharmaceuticals), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2019 - 2025 -> The global portable raman spectrometers market size was valued at USD 81.6 million in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 7.1% from 2019 to 2025.
Application Insights:
The industrial sector accounted for the largest market share in terms of application and is expected to grow at a CAGR of XX% from 2018 to 2030. The growing demand for portable NIR & Raman spectrometers in various industries including pharmaceutical, food and agricultural, research and academic is anticipated to drive the growth.
The increasing use of NIR & Raman spectroscopy in drug discovery and development activities coupled with its rising adoption as an analytical tool across several applications such as quality control, process monitoring, product authentication/quality testing in the manufacturing industry is projected to fuel segment growth during the forecast period. In addition, rapid industrialization along with urbanization has led to increased usage of laboratory equipment including gas Chromatography (GC), mass Spectrometry (MS) or Nuclear Magnetic Resonance (NMR) instruments which subsequently fuels market demand.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of pharmaceutical and biotechnology companies engaged in drug discovery and development. The region is expected to maintain its position during the forecast period due to increasing government funding for research projects on portable spectrometers.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to an increase in demand from various application sectors, such as food & beverage, pharmaceuticals, environmental testing, forensics analysis and others. This can be attributed mainly to growing R&D activities across several Asian countries particularly China and India coupled with rising awareness about NIR technology among end-users.
Growth Factors:
- Increasing demand for quality control and food safety in the global food industry is expected to drive the growth of portable NIR & Raman spectrometers market.
- The increasing use of portable NIR & Raman spectrometers in pharmaceutical and biotechnology industries for drug discovery, development, and quality control is also anticipated to fuel the growth of this market during the forecast period.
- Rising demand for these devices from research institutes and universities for various analytical applications is also projected to boost the growth of this market in near future.
- Growing popularity of non-invasive medical diagnostic procedures is another key factor that would propel the demand for portable NIR & Raman spectrometers during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable NIR & Raman Spectrometers Market Research Report
By Type
Portable NIR Spectrometers, Portable Raman Spectrometers
By Application
Pharmaceutical, Industrial Sector, Food and Agricultural, Research and Academic, Others
By Companies
Thermo Fisher, Bruker, Horiba, B&W Tek, JASCO, PerkinElmer, Agilent Technologies, TSI, Rigaku, SciAps
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Portable NIR & Raman Spectrometers Market Report Segments:
The global Portable NIR & Raman Spectrometers market is segmented on the basis of:
Types
Portable NIR Spectrometers, Portable Raman Spectrometers
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, Industrial Sector, Food and Agricultural, Research and Academic, 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:
- Thermo Fisher
- Bruker
- Horiba
- B&W Tek
- JASCO
- PerkinElmer
- Agilent Technologies
- TSI
- Rigaku
- SciAps
Highlights of The Portable NIR & Raman 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:
- Portable NIR Spectrometers
- Portable Raman Spectrometers
- By Application:
- Pharmaceutical
- Industrial Sector
- Food and Agricultural
- Research and Academic
- 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 Portable NIR & Raman 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
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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 portable NIR & Raman spectrometer is a device that can be used to measure the spectral properties of objects. These devices typically include a laser source, an optical detector, and a data acquisition system. They are often small and lightweight, making them easy to transport and use. Portable NIR & Raman spectrometers can be used for a variety of purposes, including environmental monitoring, chemical analysis, food quality inspection, and more.
Some of the major players in the portable nir & raman spectrometers market are Thermo Fisher, Bruker, Horiba, B&W Tek, JASCO, PerkinElmer, Agilent Technologies, TSI, Rigaku, SciAps.
The portable nir & raman spectrometers market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Portable NIR & Raman 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. Portable NIR & Raman Spectrometers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Portable NIR & Raman Spectrometers Market - Supply Chain
4.5. Global Portable NIR & Raman Spectrometers Market Forecast
4.5.1. Portable NIR & Raman Spectrometers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Portable NIR & Raman Spectrometers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Portable NIR & Raman Spectrometers Market Absolute $ Opportunity
5. Global Portable NIR & Raman 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. Portable NIR & Raman Spectrometers Market Size and Volume Forecast by Type
5.3.1. Portable NIR Spectrometers
5.3.2. Portable Raman Spectrometers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Portable NIR & Raman 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. Portable NIR & Raman Spectrometers Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical
6.3.2. Industrial Sector
6.3.3. Food and Agricultural
6.3.4. Research and Academic
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Portable NIR & Raman 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. Portable NIR & Raman 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 Portable NIR & Raman 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. Portable NIR & Raman 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 Portable NIR & Raman Spectrometers Demand Share Forecast, 2019-2026
9. North America Portable NIR & Raman 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 Portable NIR & Raman 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 Portable NIR & Raman Spectrometers Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical
9.4.2. Industrial Sector
9.4.3. Food and Agricultural
9.4.4. Research and Academic
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 Portable NIR & Raman Spectrometers Market Size and Volume Forecast by Type
9.7.1. Portable NIR Spectrometers
9.7.2. Portable Raman Spectrometers
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 Portable NIR & Raman Spectrometers Demand Share Forecast, 2019-2026
10. Latin America Portable NIR & Raman 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 Portable NIR & Raman 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 Portable NIR & Raman Spectrometers Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical
10.4.2. Industrial Sector
10.4.3. Food and Agricultural
10.4.4. Research and Academic
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 Portable NIR & Raman Spectrometers Market Size and Volume Forecast by Type
10.7.1. Portable NIR Spectrometers
10.7.2. Portable Raman Spectrometers
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 Portable NIR & Raman Spectrometers Demand Share Forecast, 2019-2026
11. Europe Portable NIR & Raman 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 Portable NIR & Raman 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 Portable NIR & Raman Spectrometers Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical
11.4.2. Industrial Sector
11.4.3. Food and Agricultural
11.4.4. Research and Academic
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 Portable NIR & Raman Spectrometer Market Size and Volume Forecast by Type
11.7.1. Portable NIR Spectrometers
11.7.2. Portable Raman Spectrometers
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 Portable NIR & Raman Spectrometers Demand Share, 2019-2026
12. Asia Pacific Portable NIR & Raman 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 Portable NIR & Raman 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 Portable NIR & Raman Spectrometers Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical
12.4.2. Industrial Sector
12.4.3. Food and Agricultural
12.4.4. Research and Academic
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 Portable NIR & Raman Spectrometers Market Size and Volume Forecast by Type
12.7.1. Portable NIR Spectrometers
12.7.2. Portable Raman Spectrometers
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 Portable NIR & Raman Spectrometers Demand Share, 2019-2026
13. Middle East & Africa Portable NIR & Raman 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 Portable NIR & Raman 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 Portable NIR & Raman Spectrometers Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical
13.4.2. Industrial Sector
13.4.3. Food and Agricultural
13.4.4. Research and Academic
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 Portable NIR & Raman Spectrometers Market Size and Volume Forecast by Type
13.7.1. Portable NIR Spectrometers
13.7.2. Portable Raman Spectrometers
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 Portable NIR & Raman Spectrometers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Portable NIR & Raman Spectrometers Market: Market Share Analysis
14.2. Portable NIR & Raman Spectrometers Distributors and Customers
14.3. Portable NIR & Raman Spectrometers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Thermo Fisher
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bruker
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Horiba
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. B&W Tek
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JASCO
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PerkinElmer
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Agilent Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TSI
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rigaku
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SciAps
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
