Market Overview:
The global sphere spectrophotometers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for sphere spectrophotometers from various application industries such as paints & coatings, textiles & apparel, plastics, printing & packing, and others. In addition, the growing demand for portable sphere spectrophotometers is also contributing to the growth of this market.
Product Definition:
A sphere spectrophotometer is an instrument used to measure the spectral reflectance or transmittance of a surface. The device is typically a hemisphere that surrounds the object being measured and collects data from all angles. This information can be used to create a three-dimensional map of the object's spectral properties. Sphere spectrophotometers are often used in research and development for characterizing new materials or products.
Portable Sphere Spectrophotometers:
Portable sphere spectrophotometers are instruments that measure the intensity of light, and its color, by using a rotating colored ball inside a transparent sphere. The instrument is used to measure the intensity of light in various spectral regions from UV through visible range. It's main applications are in research institutes for testing different materials and their reactions; it also has wide industrial applications for quality control of products manufactured with LED or other artificial lighting source.
Bench-top Sphere Spectrophotometers:
Bench-top sphere spectrophotometers are used to measure the light intensity of a particular color. It is one of the most common methods used in science for testing the color capabilities of an object. The method works on the basis that if two objects have similar colors, then they will have similar temperatures.
The bench-top spectrophotometer consists of a source which emits light and an optical instrument which absorbs all wavelengths.
Application Insights:
The global market is segmented by application into paint & coating, textile & apparel, plastic, printing & packing and others. The other applications include food testing and medical diagnostics. The paint & coating segment dominated the overall industry in terms of revenue in 2017 owing to increasing demand for automotive paints and coatings across the globe. Automotive manufacturers are focusing on improving their business outlook by enhancing their product range which is also likely to boost the growth of this segment over the forecast period.
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 R&D activities and technological advancements in this region.
Asia Pacific is anticipated to grow at a lucrative rate over the forecast period owing to increasing foreign direct investments (FDI)s in emerging economies such as India and China among others due to availability of skilled labor at low cost along with easy access of raw materials required for manufacturing products coupled with favorable government policies regarding FDI s involving sectors like textiles & clothing, printing & packaging among others have emerged as major driving factors for growth over past few years.
Growth Factors:
- Increasing demand for spectrophotometers in the pharmaceutical and biotechnology industries for drug discovery and development.
- Growing demand from academic research institutes for spectrophotometers to carry out research on new drugs, therapies, and treatments.
- Rising use of spectrophotometers in food and beverage testing laboratories to ensure product quality control.
- Increasing adoption of portable spectrophotometers in field applications such as environmental monitoring, forensics, and homeland security.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sphere Spectrophotometers Market Research Report
By Type
Portable Sphere Spectrophotometers, Bench-top Sphere Spectrophotometers
By Application
Paint & Coating, Textile & Apparel, Plastic, Printing & Packing, Others
By Companies
X-Rite, Inc., Konica Minolta, Shimadzu, Datacolor, BYK Gardner (Germany), Hitachi High-Technologies, Elcometer, Shenzhen 3nh Technology
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Sphere Spectrophotometers Market Report Segments:
The global Sphere Spectrophotometers market is segmented on the basis of:
Types
Portable Sphere Spectrophotometers, Bench-top Sphere Spectrophotometers
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
Paint & Coating, Textile & Apparel, Plastic, Printing & Packing, 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:
- X-Rite, Inc.
- Konica Minolta
- Shimadzu
- Datacolor
- BYK Gardner (Germany)
- Hitachi High-Technologies
- Elcometer
- Shenzhen 3nh Technology
Highlights of The Sphere Spectrophotometers 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 Sphere Spectrophotometers
- Bench-top Sphere Spectrophotometers
- By Application:
- Paint & Coating
- Textile & Apparel
- Plastic
- Printing & Packing
- 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 Sphere Spectrophotometers 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?
Sphere spectrophotometers are a type of instrument that measure the amount of light that is scattered by a sphere. This information can be used to determine the color and brightness of objects.
Some of the major players in the sphere spectrophotometers market are X-Rite, Inc., Konica Minolta, Shimadzu, Datacolor, BYK Gardner (Germany), Hitachi High-Technologies, Elcometer, Shenzhen 3nh Technology.
The sphere spectrophotometers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sphere Spectrophotometers 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. Sphere Spectrophotometers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sphere Spectrophotometers Market - Supply Chain
4.5. Global Sphere Spectrophotometers Market Forecast
4.5.1. Sphere Spectrophotometers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sphere Spectrophotometers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sphere Spectrophotometers Market Absolute $ Opportunity
5. Global Sphere Spectrophotometers 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. Sphere Spectrophotometers Market Size and Volume Forecast by Type
5.3.1. Portable Sphere Spectrophotometers
5.3.2. Bench-top Sphere Spectrophotometers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sphere Spectrophotometers 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. Sphere Spectrophotometers Market Size and Volume Forecast by Application
6.3.1. Paint & Coating
6.3.2. Textile & Apparel
6.3.3. Plastic
6.3.4. Printing & Packing
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sphere Spectrophotometers 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. Sphere Spectrophotometers 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 Sphere Spectrophotometers 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. Sphere Spectrophotometers 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 Sphere Spectrophotometers Demand Share Forecast, 2019-2026
9. North America Sphere Spectrophotometers 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 Sphere Spectrophotometers 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 Sphere Spectrophotometers Market Size and Volume Forecast by Application
9.4.1. Paint & Coating
9.4.2. Textile & Apparel
9.4.3. Plastic
9.4.4. Printing & Packing
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 Sphere Spectrophotometers Market Size and Volume Forecast by Type
9.7.1. Portable Sphere Spectrophotometers
9.7.2. Bench-top Sphere Spectrophotometers
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 Sphere Spectrophotometers Demand Share Forecast, 2019-2026
10. Latin America Sphere Spectrophotometers 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 Sphere Spectrophotometers 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 Sphere Spectrophotometers Market Size and Volume Forecast by Application
10.4.1. Paint & Coating
10.4.2. Textile & Apparel
10.4.3. Plastic
10.4.4. Printing & Packing
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 Sphere Spectrophotometers Market Size and Volume Forecast by Type
10.7.1. Portable Sphere Spectrophotometers
10.7.2. Bench-top Sphere Spectrophotometers
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 Sphere Spectrophotometers Demand Share Forecast, 2019-2026
11. Europe Sphere Spectrophotometers 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 Sphere Spectrophotometers 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 Sphere Spectrophotometers Market Size and Volume Forecast by Application
11.4.1. Paint & Coating
11.4.2. Textile & Apparel
11.4.3. Plastic
11.4.4. Printing & Packing
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 Sphere Spectrophotometers Market Size and Volume Forecast by Type
11.7.1. Portable Sphere Spectrophotometers
11.7.2. Bench-top Shere Spectrophotometers
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 Sphere Spectrophotometers Demand Share, 2019-2026
12. Asia Pacific Sphere Spectrophotometers 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 Sphere Spectrophotometers 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 Sphere Spectrophotometers Market Size and Volume Forecast by Application
12.4.1. Paint & Coating
12.4.2. Textile & Apparel
12.4.3. Plastic
12.4.4. Printing & Packing
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 Sphere Spectrophotometers Market Size and Volume Forecast by Type
12.7.1. Portable Sphere Spectrophotometers
12.7.2. Bench-top Sphere Spectrophotometers
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 Sphere Spectrophotometers Demand Share, 2019-2026
13. Middle East & Africa Sphere Spectrophotometers 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 Sphere Spectrophotometers 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 Sphere Spectrophotometers Market Size and Volume Forecast by Application
13.4.1. Paint & Coating
13.4.2. Textile & Apparel
13.4.3. Plastic
13.4.4. Printing & Packing
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 Sphere Spectrophotometers Market Size and Volume Forecast by Type
13.7.1. Portable Sphere Spectrophotometers
13.7.2. Bench-top Sphere Spectrophotometers
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 Sphere Spectrophotometers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sphere Spectrophotometers Market: Market Share Analysis
14.2. Sphere Spectrophotometers Distributors and Customers
14.3. Sphere Spectrophotometers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. X-Rite, Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Konica Minolta
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shimadzu
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Datacolor
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BYK Gardner (Germany)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hitachi High-Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Elcometer
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shenzhen 3nh Technology
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
