Market Overview:
The global portable spectrometers market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for portable spectrometers from various application areas such as nanotechnology, materials chemistry, drug discovery, life sciences, forensic science and environmental testing. In addition, the growing demand for high-resolution spectrometers is also contributing to the growth of this market. However, factors such as high cost and lack of awareness about portable spectrometers are restraining its growth in some regions.
Product Definition:
A portable spectrometer is a device used to measure the spectral properties of light or other electromagnetic radiation. These devices are typically small and lightweight, making them easy to transport, and they can be used in a variety of settings, including laboratories and field environments. The importance of portable spectrometers lies in their ability to provide detailed information about the spectral characteristics of light sources. This information can be used to identify unknown substances or materials, map out energy distributions, and diagnose problems with optical systems.
Optical Spectrometer:
An optical spectrometer is an analytical device used for determining the composition of matter or studying molecular properties. It works by dispersing a beam of light on the sample and analyzing the spectrum that is formed. The major application areas include food, pharmaceuticals, biotechnology industries and research institutes among others.
The global optical spectrometer market was valued at over USD 1 billion in 2014.
Mass Spectrometer:
Mass spectrometer is an analytical device used for determining the molecular weight of compounds by analyzing the ionized mass that is produced when a chemical reaction takes place. It works on the principle as if we take a look at two particles, namely proton and electron and they interact with sample substance to give us back ionized mass which we can analyze. The most commonly used technique in forensic science because it helps detect drugs, explosives & toxins in blood, urine or tissue samples.
Application Insights:
The application segment is segregated as follows into life sciences, drug discovery, environmental testing, materials chemistry, forensic science and nanotechnology. The life sciences segment dominated the market in 2017 owing to the rising demand for portable spectrometers for clinical trials and research work in various fields such as oncology & hematology.
Drug discovery is expected to be the fastest-growing application over the forecast period due to an increase in R&D activities related to new drug development. Portable spectrometers are used for identifying compounds quickly by measuring their absorbance or emission spectrum which helps determine a molecular formula of a compound with high accuracy. This device also helps analyze samples that may have impurities or contain other compounds that could obscure identification making it difficult for researchers working on different aspects of a particular molecule such as structure-activity relationships (SAR).
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of research laboratories and universities. Moreover, increasing R&D activities by various organizations is expected to drive the demand for spectrometers in this region. For instance, National Institute of Standards and Technology (NIST) provides standard reference materials that are widely used for material characterization using spectroscopy techniques.
Asia Pacific is anticipated to grow at a lucrative rate over the forecast period owing to rising investments by various government agencies in developing countries such as India and China. In addition, growing medical tourism industry will also boost demand for portable spectrometers in Asia Pacific during the forecast period.
Growth Factors:
- Increasing demand for portable spectrometers in food and beverage industry for quality control and research purposes.
- Rising demand from pharmaceutical and biotechnology companies for rapid detection of impurities in drugs and vaccines.
- Growing popularity of portable spectrometers among academic researchers for identification of new molecules and materials.
- Increasing use of portable spectrometers in forensics laboratories to detect illegal substances used in crimes scenes .
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Spectrometers Market Research Report
By Type
Optical Spectrometer, Mass Spectrometer, Fluorescence Spectrometer, High-resolution Spectrometer, Others
By Application
Nanotechnology, Materials chemistry, Drug discovery, Life sciences, Forensic science, Environmental testing, Others
By Companies
Anton Paar GmbH, Bruker, Hitachi, Ltd., PerkinElmer, Metrohm AG, Oxford Instruments plc, ABB, Andor Technology Ltd, Pfeiffer Vacuum Technology AG, Renishaw plc.
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Portable Spectrometers Market Report Segments:
The global Portable Spectrometers market is segmented on the basis of:
Types
Optical Spectrometer, Mass Spectrometer, Fluorescence Spectrometer, High-resolution Spectrometer, Others
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
Nanotechnology, Materials chemistry, Drug discovery, Life sciences, Forensic science, Environmental 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:
- Anton Paar GmbH
- Bruker
- Hitachi, Ltd.
- PerkinElmer
- Metrohm AG
- Oxford Instruments plc
- ABB
- Andor Technology Ltd
- Pfeiffer Vacuum Technology AG
- Renishaw plc.
Highlights of The Portable 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:
- Optical Spectrometer
- Mass Spectrometer
- Fluorescence Spectrometer
- High-resolution Spectrometer
- Others
- By Application:
- Nanotechnology
- Materials chemistry
- Drug discovery
- Life sciences
- Forensic science
- Environmental 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 Portable 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
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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 spectrometer is a device that can be moved from one location to another for the purpose of measuring and analyzing spectral data.
Some of the key players operating in the portable spectrometers market are Anton Paar GmbH, Bruker, Hitachi, Ltd., PerkinElmer, Metrohm AG, Oxford Instruments plc, ABB, Andor Technology Ltd, Pfeiffer Vacuum Technology AG, Renishaw plc..
The portable spectrometers market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Portable 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 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 Spectrometers Market - Supply Chain
4.5. Global Portable Spectrometers Market Forecast
4.5.1. Portable Spectrometers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Portable Spectrometers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Portable Spectrometers Market Absolute $ Opportunity
5. Global Portable 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 Spectrometers Market Size and Volume Forecast by Type
5.3.1. Optical Spectrometer
5.3.2. Mass Spectrometer
5.3.3. Fluorescence Spectrometer
5.3.4. High-resolution Spectrometer
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Portable 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 Spectrometers Market Size and Volume Forecast by Application
6.3.1. Nanotechnology
6.3.2. Materials chemistry
6.3.3. Drug discovery
6.3.4. Life sciences
6.3.5. Forensic science
6.3.6. Environmental testing
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Portable 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 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 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 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 Spectrometers Demand Share Forecast, 2019-2026
9. North America Portable 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 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 Spectrometers Market Size and Volume Forecast by Application
9.4.1. Nanotechnology
9.4.2. Materials chemistry
9.4.3. Drug discovery
9.4.4. Life sciences
9.4.5. Forensic science
9.4.6. Environmental testing
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Portable Spectrometers Market Size and Volume Forecast by Type
9.7.1. Optical Spectrometer
9.7.2. Mass Spectrometer
9.7.3. Fluorescence Spectrometer
9.7.4. High-resolution Spectrometer
9.7.5. Others
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 Spectrometers Demand Share Forecast, 2019-2026
10. Latin America Portable 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 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 Spectrometers Market Size and Volume Forecast by Application
10.4.1. Nanotechnology
10.4.2. Materials chemistry
10.4.3. Drug discovery
10.4.4. Life sciences
10.4.5. Forensic science
10.4.6. Environmental testing
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Portable Spectrometers Market Size and Volume Forecast by Type
10.7.1. Optical Spectrometer
10.7.2. Mass Spectrometer
10.7.3. Fluorescence Spectrometer
10.7.4. High-resolution Spectrometer
10.7.5. Others
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 Spectrometers Demand Share Forecast, 2019-2026
11. Europe Portable 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 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 Spectrometers Market Size and Volume Forecast by Application
11.4.1. Nanotechnology
11.4.2. Materials chemistry
11.4.3. Drug discovery
11.4.4. Life sciences
11.4.5. Forensic science
11.4.6. Environmental testing
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Portable Spectrometers Market Size and Volume Forecast by Type
11.7.1. Optical Spectrometer
11.7.2. Mass Spectrometer
11.7.3. Fluorescence Spectrometer
11.7.4. High-resolution Spectrometer
11.7.5. Others
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 Spectrometers Demand Share, 2019-2026
12. Asia Pacific Portable 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 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 Spectrometers Market Size and Volume Forecast by Application
12.4.1. Nanotechnology
12.4.2. Materials chemistry
12.4.3. Drug discovery
12.4.4. Life sciences
12.4.5. Forensic science
12.4.6. Environmental testing
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Portable Spectrometers Market Size and Volume Forecast by Type
12.7.1. Optical Spectrometer
12.7.2. Mass Spectrometer
12.7.3. Fluorescence Spectrometer
12.7.4. High-resolution Spectrometer
12.7.5. Others
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 Spectrometers Demand Share, 2019-2026
13. Middle East & Africa Portable 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 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 Spectrometers Market Size and Volume Forecast by Application
13.4.1. Nanotechnology
13.4.2. Materials chemistry
13.4.3. Drug discovery
13.4.4. Life sciences
13.4.5. Forensic science
13.4.6. Environmental testing
13.4.7. 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 Spectrometers Market Size and Volume Forecast by Type
13.7.1. Optical Spectrometer
13.7.2. Mass Spectrometer
13.7.3. Fluorescence Spectrometer
13.7.4. High-resolution Spectrometer
13.7.5. Others
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 Spectrometers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Portable Spectrometers Market: Market Share Analysis
14.2. Portable Spectrometers Distributors and Customers
14.3. Portable Spectrometers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Anton Paar GmbH
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. Hitachi, Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PerkinElmer
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Metrohm AG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Oxford Instruments plc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ABB
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Andor Technology Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pfeiffer Vacuum Technology AG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Renishaw plc.
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
