Market Overview:
The global spherical spectrophotometer 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 portable and desktop spherical spectrophotometers across different applications such as paints & coatings, textiles & apparel, plastics, printing & packing, and others. In addition, the growing awareness about color accuracy and consistency is also propelling the demand for spherical spectrophotometers globally.
Product Definition:
A spherical spectrophotometer is a device used to measure the spectral properties of light. It can be used to measure the intensity, wavelength, and color of light. The importance of a spherical spectrophotometer is that it can be used to accurately measure the spectral properties of light sources and objects. This information can be used in applications such as laser surgery, biomedical research, and optical engineering.
Portable Spherical Spectrophotometer:
A portable spherical spectrophotometer is a device used to measure the light intensity of portable sources such as LED and OLED. It's main application areas are in research, development, quality control & assurance and manufacturing industries. The increasing demand for energy-efficient lighting solutions has led to the growth of this market.
The growing use of LEDs in various applications such as traffic lights, signage boards.
Desktop Spherical Spectrophotometer:
A desktop spherical spectrophotometer is a device used to measure the light intensity of a particular wavelength or color. It is also known as desktop spherometer, desk-top sphere, desk top colorimeter or just plain spectrophotometer. The basic working principle of this instrument involves using one or more lenses to focus the light on a phosphor screen which gives an output in terms of lumens per second (l/s).
Application Insights:
The others application segment includes semiconductor, medical, food testing and inspection. The demand for these devices is increasing in various industries owing to their ability to measure small quantities of substances with high accuracy. In the electronics industry, measurements are often required down to a few nanometers which is where conventional optical microscopes fail. With the help of spectroscopy techniques such as absorption and emission spectroscopy, problems faced while analyzing samples can be overcome resulting in an increase in product adoption across various applications.
Paint & coating was the largest application segment accounting for over 30% market share in 2017 due to its wide usage across all major regions including North America, Europe and Asia Pacific.
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. Moreover, government initiatives for Coatings Technology Transfer and National Institute of Standards & Technology (NIST) are also anticipated to drive the demand for spectroscopy instruments in North America over the forecast period.
Asia Pacific is expected to grow at a lucrative rate over the coming years owing to increasing investments by various governments across countries such as China, India, Japan, South Korea among others for research on coatings technology coupled with growing industrialization that requires high precision equipment such as spectrophotometers which will propel growth of spherical spectrophotometer industry across Asia Pacific region during 2018-2030 period.
Growth Factors:
- Increasing demand for spherical spectrophotometers in the pharmaceutical and biotechnology industries for drug discovery and development processes.
- Growing demand from academic research institutes for advanced analytical instruments to study the structure and function of biomolecules.
- Rising adoption of spherical spectrophotometers in food and beverage testing laboratories to detect adulteration, contamination, and nutritional value of food products.
- Increasing use of spherical spectrophotometers in forensic laboratories for chemical analysis of evidence samples collected from crime scenes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Spherical Spectrophotometer Market Research Report
By Type
Portable Spherical Spectrophotometer, Desktop Spherical Spectrophotometer
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Spherical Spectrophotometer Market Report Segments:
The global Spherical Spectrophotometer market is segmented on the basis of:
Types
Portable Spherical Spectrophotometer, Desktop Spherical Spectrophotometer
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 Spherical Spectrophotometer 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 Spherical Spectrophotometer
- Desktop Spherical Spectrophotometer
- 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 Spherical Spectrophotometer 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?
A spherical spectrophotometer is a device used to measure the amount of light that is scattered by a sample. This information can be used to determine the composition and properties of the sample.
Some of the major companies in the spherical spectrophotometer market are X-Rite, Inc., Konica Minolta, Shimadzu, Datacolor, BYK Gardner (Germany), Hitachi High-Technologies, Elcometer, Shenzhen 3nh Technology.
The spherical spectrophotometer market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spherical Spectrophotometer 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. Spherical Spectrophotometer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Spherical Spectrophotometer Market - Supply Chain
4.5. Global Spherical Spectrophotometer Market Forecast
4.5.1. Spherical Spectrophotometer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spherical Spectrophotometer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spherical Spectrophotometer Market Absolute $ Opportunity
5. Global Spherical Spectrophotometer 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. Spherical Spectrophotometer Market Size and Volume Forecast by Type
5.3.1. Portable Spherical Spectrophotometer
5.3.2. Desktop Spherical Spectrophotometer
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Spherical Spectrophotometer 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. Spherical Spectrophotometer 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 Spherical Spectrophotometer 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. Spherical Spectrophotometer 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 Spherical Spectrophotometer 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. Spherical Spectrophotometer 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 Spherical Spectrophotometer Demand Share Forecast, 2019-2026
9. North America Spherical Spectrophotometer 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 Spherical Spectrophotometer 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 Spherical Spectrophotometer 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 Spherical Spectrophotometer Market Size and Volume Forecast by Type
9.7.1. Portable Spherical Spectrophotometer
9.7.2. Desktop Spherical Spectrophotometer
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 Spherical Spectrophotometer Demand Share Forecast, 2019-2026
10. Latin America Spherical Spectrophotometer 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 Spherical Spectrophotometer 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 Spherical Spectrophotometer 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 Spherical Spectrophotometer Market Size and Volume Forecast by Type
10.7.1. Portable Spherical Spectrophotometer
10.7.2. Desktop Spherical Spectrophotometer
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 Spherical Spectrophotometer Demand Share Forecast, 2019-2026
11. Europe Spherical Spectrophotometer 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 Spherical Spectrophotometer 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 Spherical Spectrophotometer 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 Spherical Spectrophotometer Market Size and Volume Forecast by Type
11.7.1. Portable Spherical Spectrophotometer
1.7.2. Desktop Spherical Spectrophotometer
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 Spherical Spectrophotometer Demand Share, 2019-2026
12. Asia Pacific Spherical Spectrophotometer 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 Spherical Spectrophotometer 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 Spherical Spectrophotometer 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 Spherical Spectrophotometer Market Size and Volume Forecast by Type
12.7.1. Portable Spherical Spectrophotometer
12.7.2. Desktop Spherical Spectrophotometer
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 Spherical Spectrophotometer Demand Share, 2019-2026
13. Middle East & Africa Spherical Spectrophotometer 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 Spherical Spectrophotometer 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 Spherical Spectrophotometer 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 Spherical Spectrophotometer Market Size and Volume Forecast by Type
13.7.1. Portable Spherical Spectrophotometer
13.7.2. Desktop Spherical Spectrophotometer
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 Spherical Spectrophotometer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Spherical Spectrophotometer Market: Market Share Analysis
14.2. Spherical Spectrophotometer Distributors and Customers
14.3. Spherical Spectrophotometer 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