IR Spectroscopy Market by Technology (FTIR, Dispersive IR), Type (Near-infrared Spectroscopy, Mid-infrared Spectroscopy), Product Type (Benchtop Spectroscopes), End-user Industry (Healthcare & Pharmaceutical, Chemicals) - Global Forecast to 2029
The global IR spectroscopy market was valued at USD 1.2 billion in 2024 and is projected to reach USD 1.6 billion by 2029, it is expected to register a CAGR of 6.5% during the forecast period. Continuous technological advancements in IR spectroscopy is driving the growth of the IR spectroscopy market. Whereas availability of used IR spectroscopy devices is restraining the growth of the IR spectroscopy market.
“The Micro Spectroscopes is expected to grow at the second highest CAGR during the forecast period.”
The Micro spectroscopes segment is expected to grow at a second highest CAGR of 6.7% during the forecast period. Micro spectroscopes allows for the analysis of samples at a microscopic level, providing high spatial resolution. This is particularly valuable in fields such as materials science, forensics, and biology, where the distribution of chemical components within a sample is critical. These spectroscopes are applicable across a broad range of industries and scientific disciplines. It can be used to analyze organic and inorganic materials, polymers, pharmaceuticals, biological samples, and more. This versatility makes it an attractive tool for researchers and practitioners in various fields.
The near-infrared spectroscopy segment is likely to grow at the second highest CAGR during the forecast period
The hardware segment is expected to grow at a CAGR of 6.7% during the forecast period. Near-infrared spectroscopy allows for the non-destructive analysis of samples. This means that samples can be analyzed without altering or damaging them, which is particularly advantageous in industries such as pharmaceuticals, food, agriculture, and forensics. NIRS is versatile and can be applied to a wide range of materials and substances, including solids, liquids, and gases. It can be used for qualitative and quantitative analysis, making it applicable in diverse fields such as pharmaceuticals, agriculture, environmental monitoring, and biomedical research.
“The Asia Pacific segment is likely to grow at the second highest CAGR during the forecast period.”
The market in Asia Pacific is expected to witness the second highest CAGR of 6.5% during the forecast period. Agriculture is the main occupation for many countries in the region and Ir spectroscopy is used to assess soil properties such as organic matter content, pH, nutrient levels (e.g., nitrogen, phosphorus, potassium), and texture. This information is crucial for optimizing fertilizer application, managing soil health, and ensuring crop productivity. IR spectroscopy can be used to analyze the organic matter content, nitrogen content, phosphorus content, and other important fertility parameters of soil. This information can be used to develop targeted fertilizer application programs and to improve soil health.
Breakdown of primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
Research Coverage:
The report segments the IR spectroscopy market and forecasts its size by technology, type, product type, end-user industry, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the IR spectroscopy ecosystem.
Key Benefits to Buy the Report:
“The Micro Spectroscopes is expected to grow at the second highest CAGR during the forecast period.”
The Micro spectroscopes segment is expected to grow at a second highest CAGR of 6.7% during the forecast period. Micro spectroscopes allows for the analysis of samples at a microscopic level, providing high spatial resolution. This is particularly valuable in fields such as materials science, forensics, and biology, where the distribution of chemical components within a sample is critical. These spectroscopes are applicable across a broad range of industries and scientific disciplines. It can be used to analyze organic and inorganic materials, polymers, pharmaceuticals, biological samples, and more. This versatility makes it an attractive tool for researchers and practitioners in various fields.
The near-infrared spectroscopy segment is likely to grow at the second highest CAGR during the forecast period
The hardware segment is expected to grow at a CAGR of 6.7% during the forecast period. Near-infrared spectroscopy allows for the non-destructive analysis of samples. This means that samples can be analyzed without altering or damaging them, which is particularly advantageous in industries such as pharmaceuticals, food, agriculture, and forensics. NIRS is versatile and can be applied to a wide range of materials and substances, including solids, liquids, and gases. It can be used for qualitative and quantitative analysis, making it applicable in diverse fields such as pharmaceuticals, agriculture, environmental monitoring, and biomedical research.
“The Asia Pacific segment is likely to grow at the second highest CAGR during the forecast period.”
The market in Asia Pacific is expected to witness the second highest CAGR of 6.5% during the forecast period. Agriculture is the main occupation for many countries in the region and Ir spectroscopy is used to assess soil properties such as organic matter content, pH, nutrient levels (e.g., nitrogen, phosphorus, potassium), and texture. This information is crucial for optimizing fertilizer application, managing soil health, and ensuring crop productivity. IR spectroscopy can be used to analyze the organic matter content, nitrogen content, phosphorus content, and other important fertility parameters of soil. This information can be used to develop targeted fertilizer application programs and to improve soil health.
Breakdown of primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type - Tier 1 – 35%, Tier 2 – 45%, Tier 3 – 20%
- By Designation— C-level Executives - 44%, Directors - 38%, Others - 18%
- By Region—North America - 30%, Europe - 25%, Asia Pacific - 26%, RoW - 19%
Research Coverage:
The report segments the IR spectroscopy market and forecasts its size by technology, type, product type, end-user industry, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the IR spectroscopy ecosystem.
Key Benefits to Buy the Report:
- Analysis of key drivers (Growth in the number of healthcare institutions and clinical research centers, Increase in R&D investments in healthcare and pharmaceuticals industry, Continuous technological advancements in IR spectroscopy). Restraint (Technical limitations of IR spectroscopy, Availability of used IR spectroscopy devices), Opportunity (Rising use of NIR spectroscopy in seed quality detection, Growing Product development for biological Research), Challenges (High Cost of IR spectroscopy products)
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the IR spectroscopy market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the IR spectroscopy market across varied regions
- Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the IR spectroscopy market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Shimadzu Corporation (Japan), ZEISS (Germany), PerkinElmer Inc. (US), Agilent Technologies, Inc. (US), Bruker Corporation (US), ABB (Switzerland), Thermo Fisher Scientific Inc. (US), Horiba, Ltd. (Japan), Sartorius AG (Germany), Hitachi High-Tech Corporation (Japan) among others in the IR spectroscopy market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 IR SPECTROSCOPY MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 INCLUSIONS AND EXCLUSIONS
TABLE 1 INCLUSIONS AND EXCLUSIONS
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 UNIT CONSIDERED
1.7 LIMITATIONS
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES
1.9.1 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 INTRODUCTION
FIGURE 2 RESEARCH DESIGN
2.2 RESEARCH DATA
FIGURE 3 RESEARCH APPROACH
2.2.1 SECONDARY DATA
2.2.1.1 Major secondary sources
2.2.1.2 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Key participants in primary interviews
2.2.2.2 Breakdown of primary interviews
2.2.2.3 Key data from primary sources
2.2.2.4 Key industry insights
2.3 FACTOR ANALYSIS
2.3.1 SUPPLY-SIDE ANALYSIS
FIGURE 4 REVENUE GENERATED BY IR SPECTROSCOPY SALES, BY KEY PLAYERS
FIGURE 5 REVENUE ANALYSIS OF SHIMADZU CORPORATION
2.3.2 DEMAND-SIDE ANALYSIS
FIGURE 6 REVENUE GENERATED BY IR SPECTROSCOPY SALES, BY END USER
2.4 MARKET SIZE ESTIMATION METHODOLOGY
FIGURE 7 SUPPLY-SIDE ANALYSIS
2.4.1 BOTTOM-UP APPROACH
2.4.1.1 Approach to arrive at market size using bottom-up analysis (demand side)
FIGURE 8 BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
2.4.2.1 Approach to arrive at market size using top-down analysis (supply side)
FIGURE 9 TOP-DOWN APPROACH
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 10 DATA TRIANGULATION
2.6 RESEARCH ASSUMPTIONS
TABLE 2 RESEARCH ASSUMPTIONS
TABLE 3 GROWTH FORECAST ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
2.8 RISK ASSESSMENT
TABLE 4 RISK ASSESSMENT
2.9 PARAMETERS TO ANALYZE RECESSION IMPACT
TABLE 5 PARAMETERS TO ANALYZE RECESSION IMPACT
3 EXECUTIVE SUMMARY
FIGURE 11 IR SPECTROSCOPY MARKET, 2020–2029 (USD MILLION)
FIGURE 12 FAR-INFRARED SPECTROSCOPY SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 13 PORTABLE SPECTROSCOPES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 14 BIOMEDICAL RESEARCH & BIOMATERIALS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 15 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN IR SPECTROSCOPY MARKET
FIGURE 16 GROWING DEPLOYMENT OF IR SPECTROSCOPY SYSTEMS IN HEALTHCARE & PHARMACEUTICALS INDUSTRY TO DRIVE MARKET
4.2 IR SPECTROSCOPY MARKET, BY TYPE
FIGURE 17 MID-INFRARED SPECTROSCOPY TO LEAD MARKET DURING FORECAST PERIOD
4.3 IR SPECTROSCOPY MARKET FOR HEALTHCARE & PHARMACEUTICALS, BY REGION
FIGURE 18 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.4 IR SPECTROSCOPY MARKET, BY PRODUCT TYPE
FIGURE 19 BENCHTOP SPECTROSCOPES TO BE DOMINANT SEGMENT DURING FORECAST PERIOD
4.5 IR SPECTROSCOPY MARKET, BY END USER
FIGURE 20 HEALTHCARE & PHARMACEUTICALS SEGMENT TO HAVE LARGEST MARKET SHARE DURING FORECAST PERIOD
4.6 IR SPECTROSCOPY MARKET, BY REGION
FIGURE 21 NORTH AMERICA TO SHOWCASE LARGEST SHARE OF IR SPECTROSCOPY MARKET IN 2029
4.7 IR SPECTROSCOPY MARKET, BY COUNTRY
FIGURE 22 CHINA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 23 IR SPECTROSCOPY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 24 IMPACT OF DRIVERS
5.2.1.1 Growing number of healthcare institutions and clinical research centers
5.2.1.2 Increasing R&D investments in healthcare & pharmaceutical industry
5.2.1.3 Continuous technological advancements in IR spectroscopy
5.2.2 RESTRAINTS
FIGURE 25 IMPACT OF RESTRAINTS
5.2.2.1 Technical constraints
5.2.2.2 Limited lifespan of IR spectroscopy devices
5.2.3 OPPORTUNITIES
FIGURE 26 IMPACT OF OPPORTUNITIES
5.2.3.1 Seed quality detection using NIR spectroscopy
5.2.3.2 Focus on drug development and biological research
5.2.4 CHALLENGES
FIGURE 27 IMPACT OF CHALLENGES
5.2.4.1 High cost of IR spectroscopy products
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 28 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.4 PRICING ANALYSIS
5.4.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PRODUCT TYPE
FIGURE 29 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TOP PRODUCT TYPE
TABLE 6 AVERAGE SELLING PRICE TREND, BY TOP PRODUCT TYPE, 2015–2023 (USD)
5.4.2 AVERAGE SELLING PRICE TREND, BY REGION
TABLE 7 AVERAGE SELLING PRICE TREND, BY REGION, 2019–2023 (USD)
5.5 VALUE CHAIN ANALYSIS
FIGURE 30 VALUE CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS
FIGURE 31 ECOSYSTEM MAPPING
TABLE 8 ROLE OF COMPANIES IN ECOSYSTEM
5.7 INVESTMENT AND FUNDING SCENARIO
FIGURE 32 INVESTMENT AND FUNDING SCENARIO
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Micro-FTIR spectroscopy
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 Raman spectroscopy
5.8.2.2 Mass spectrometry
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Miniaturization and portability
5.8.3.2 Data analysis software
5.9 PATENT ANALYSIS
TABLE 9 INNOVATIONS AND PATENT REGISTRATIONS, 2021–2023
FIGURE 33 PATENT ANALYSIS, 2013–2023
FIGURE 34 REGIONAL ANALYSIS OF PATENTS, 2023
5.10 TRADE DATA ANALYSIS
5.10.1 IMPORT DATA
FIGURE 35 IMPORT DATA FOR HS CODE 902730-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 10 IMPORT SCENARIO FOR HS CODE 902730-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
5.10.2 EXPORT DATA
FIGURE 36 EXPORT DATA FOR HS CODE 902730-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 11 EXPORT SCENARIO FOR HS CODE 902730-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
5.11 KEY CONFERENCES AND EVENTS
TABLE 12 KEY CONFERENCES AND EVENTS, 2024–2025
5.12 CASE STUDY ANALYSIS
5.12.1 NIR METHODS OPTIMIZED USING ANTARIS FT-NIR AND CHEMOMETRIC MODELING
5.12.2 USE OF FTIR SPECTROSCOPY FOR ENVIRONMENTAL PLASTICS RESEARCH
5.12.3 IMPROVED STONE DETECTION WITH MULTIVARIATE ANALYSIS SOFTWARE
5.12.4 ENHANCED CHEMICAL COMPOUND DETECTION USING DIAMOND-TURNED MIRRORS AND BEAMSPLITTERS
5.13 TARIFF AND REGULATORY LANDSCAPE
5.13.1 COUNTRY-WISE TARIFFS FOR HS CODE 902730-COMPLIANT PRODUCTS
TABLE 13 MFN TARIFF FOR HS CODE 902730-COMPLIANT PRODUCTS EXPORTED BY US, 2023
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.3 REGULATORY STANDARDS
5.14 PORTER’S FIVE FORCES ANALYSIS
TABLE 18 IMPACT OF PORTER’S FIVE FORCES
FIGURE 37 PORTER’S FIVE FORCES ANALYSIS
5.14.1 THREAT OF NEW ENTRANTS
5.14.2 THREAT OF SUBSTITUTES
5.14.3 BARGAINING POWER OF SUPPLIERS
5.14.4 BARGAINING POWER OF BUYERS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 38 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TECHNOLOGY
TABLE 19 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TECHNOLOGY (%)
5.15.2 BUYING CRITERIA
FIGURE 39 KEY BUYING CRITERIA, BY PRODUCT TYPE
TABLE 20 KEY BUYING CRITERIA, BY PRODUCT TYPE
6 IR SPECTROSCOPY MARKET, BY TECHNOLOGY
6.1 INTRODUCTION
FIGURE 40 IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 21 IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 22 IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
6.2 FOURIER TRANSFORM INFRARED SPECTROSCOPY
6.2.1 INCREASING ADOPTION IN FORENSICS AND PHARMACEUTICAL RESEARCH TO DRIVE MARKET
TABLE 23 FOURIER TRANSFORM INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 24 FOURIER TRANSFORM INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
6.3 DISPERSIVE INFRARED SPECTROSCOPY
6.3.1 GROWING USE IN CATALYSIS, SURFACE SCIENCE, ENVIRONMENTAL SCIENCE, AND MATERIALS CHARACTERIZATION TO DRIVE MARKET
TABLE 25 DISPERSIVE INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 26 DISPERSIVE INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
7 IR SPECTROSCOPY MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 41 IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 27 IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 28 IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2 NEAR-INFRARED SPECTROSCOPY
7.2.1 RISING FOCUS ON DELIVERING HIGH-QUALITY PRODUCTS TO DAIRY AND AGRICULTURE INDUSTRIES TO DRIVE MARKET
FIGURE 42 NEAR-INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 29 NEAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 30 NEAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 31 NEAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 32 NEAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
7.3 MID-INFRARED SPECTROSCOPY (MIR)
7.3.1 INCREASING DEMAND FOR REAL-TIME MONITORING OF FOOD QUALITY TO DRIVE MARKET
FIGURE 43 MID-INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 33 MID-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 34 MID-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 35 MID-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 36 MID-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
7.4 FAR-INFRARED SPECTROSCOPY
7.4.1 SURGE IN DEMAND FOR SAFE HEALTHCARE APPLICATIONS TO DRIVE MARKET
FIGURE 44 FAR-INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 37 FAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 38 FAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 39 FAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 40 FAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
8 INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE
8.1 INTRODUCTION
FIGURE 45 IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 41 INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 42 INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 43 INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (THOUSAND UNITS)
TABLE 44 INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (THOUSAND UNITS)
8.2 BENCHTOP SPECTROSCOPES
8.2.1 GROWING NEED FOR COST-EFFECTIVE AND COMPACT SYSTEMS TO DRIVE MARKET
TABLE 45 BENCHTOP SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 46 BENCHTOP SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 47 BENCHTOP SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 48 BENCHTOP SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
8.3 MICRO SPECTROSCOPES
8.3.1 FORENSIC SCIENCE AND TISSUE ENGINEERING APPLICATIONS TO DRIVE MARKET
TABLE 49 MICRO SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 50 MICRO SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 51 MICRO SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 52 MICRO SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
8.4 PORTABLE SPECTROSCOPES
8.4.1 EASE OF USE FOR NON-TECHNICAL OPERATORS TO DRIVE MARKET
TABLE 53 PORTABLE SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 54 PORTABLE SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 55 PORTABLE SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 56 PORTABLE SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
8.5 HYPHENATED SPECTROSCOPES
8.5.1 INCREASING NEED FOR HIGH-THROUGHPUT ANALYSIS IN VARIOUS INDUSTRIES TO DRIVE MARKET
TABLE 57 HYPHENATED SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 58 HYPHENATED SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 59 HYPHENATED SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 60 HYPHENATED SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
9 IR SPECTROSCOPY MARKET, BY END USER
9.1 INTRODUCTION
FIGURE 46 IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 61 IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 62 IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
9.2 HEALTHCARE & PHARMACEUTICALS
9.2.1 RISING USE IN DIAGNOSTIC AND THERAPEUTIC APPLICATIONS TO DRIVE MARKET
TABLE 63 HEALTHCARE & PHARMACEUTICALS: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 64 HEALTHCARE & PHARMACEUTICALS: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 65 HEALTHCARE & PHARMACEUTICALS: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 66 HEALTHCARE & PHARMACEUTICALS: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 67 HEALTHCARE & PHARMACEUTICALS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 68 HEALTHCARE & PHARMACEUTICALS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
9.3 CHEMICALS
9.3.1 INCREASING NEED TO IDENTIFY MOLECULAR CHARACTERISTICS FOR VARIOUS APPLICATIONS TO DRIVE MARKET
TABLE 69 CHEMICALS: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 70 CHEMICALS: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 71 CHEMICALS: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 72 CHEMICALS: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 73 CHEMICALS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 74 CHEMICALS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
9.4 FOOD & BEVERAGES
9.4.1 GROWING NEED TO ASSESS QUALITY AND SAFETY OF FOOD & BEVERAGES TO DRIVE MARKET
TABLE 75 FOOD & BEVERAGES: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 76 FOOD & BEVERAGES: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 77 FOOD & BEVERAGES: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 78 FOOD & BEVERAGES: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 79 FOOD & BEVERAGES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 80 FOOD & BEVERAGES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
9.5 ENVIRONMENTAL
9.5.1 SURGE IN NEED TO DETECT AND QUANTIFY AIR, WATER, AND SOIL POLLUTANTS TO DRIVE MARKET
TABLE 81 ENVIRONMENTAL: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 82 ENVIRONMENTAL: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 83 ENVIRONMENTAL: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 84 ENVIRONMENTAL: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 85 ENVIRONMENTAL: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 86 ENVIRONMENTAL: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
9.6 BIOMEDICAL RESEARCH & BIOMATERIALS
9.6.1 GROWING TECHNOLOGICAL ADVANCEMENTS IN PROTEOMICS AND GENOMICS TO DRIVE MARKET
TABLE 87 BIOMEDICAL RESEARCH & BIOMATERIALS: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 88 BIOMEDICAL RESEARCH & BIOMATERIALS: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 89 BIOMEDICAL RESEARCH & BIOMATERIALS: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 90 BIOMEDICAL RESEARCH & BIOMATERIALS: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 91 BIOMEDICAL RESEARCH & BIOMATERIALS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 92 BIOMEDICAL RESEARCH & BIOMATERIALS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
9.7 CONSUMER ELECTRONICS
9.7.1 INCREASING INTEGRATION IN MOBILE DEVICES TO DRIVE MARKET
TABLE 93 CONSUMER ELECTRONICS: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 94 CONSUMER ELECTRONICS: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 95 CONSUMER ELECTRONICS: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 96 CONSUMER ELECTRONICS: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 97 CONSUMER ELECTRONICS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 98 CONSUMER ELECTRONICS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
10 IR SPECTROSCOPY MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 47 IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 99 IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 100 IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 48 NORTH AMERICA: IR SPECTROSCOPY MARKET SNAPSHOT
10.2.1 RECESSION IMPACT ANALYSIS
TABLE 101 NORTH AMERICA: IR SPECTROSCOPY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 102 NORTH AMERICA: IR SPECTROSCOPY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 103 NORTH AMERICA: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 104 NORTH AMERICA: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
10.2.2 US
10.2.2.1 Surge in healthcare spending to drive market
10.2.3 CANADA
10.2.3.1 Growing focus on reviving aircraft manufacturing to drive market
10.2.4 MEXICO
10.2.4.1 Increasing need to monitor air quality to drive market
10.3 EUROPE
FIGURE 49 EUROPE: IR SPECTROSCOPY MARKET SNAPSHOT
10.3.1 RECESSION IMPACT ANALYSIS
TABLE 105 EUROPE: IR SPECTROSCOPY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 106 EUROPE: IR SPECTROSCOPY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 107 EUROPE: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 108 EUROPE: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
10.3.2 UK
10.3.2.1 Growing emphasis by government on adopting IR spectroscopy technology to drive market
10.3.3 GERMANY
10.3.3.1 Increasing shift toward climate-neutral mobility to drive market
10.3.4 FRANCE
10.3.4.1 Biomedical and food & beverages applications to drive market
10.3.5 ITALY
10.3.5.1 Surge in presence of laboratories specializing in IR spectroscopy to drive market
10.3.6 REST OF EUROPE
10.4 ASIA PACIFIC
FIGURE 50 ASIA PACIFIC: IR SPECTROSCOPY MARKET SNAPSHOT
10.4.1 RECESSION IMPACT ANALYSIS
TABLE 109 ASIA PACIFIC: IR SPECTROSCOPY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 110 ASIA PACIFIC: IR SPECTROSCOPY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 111 ASIA PACIFIC: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 112 ASIA PACIFIC: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
10.4.2 CHINA
10.4.2.1 Growing use in security and surveillance applications to drive market
10.4.3 JAPAN
10.4.3.1 Growing demand for monitoring manufacturing processes to drive market
10.4.4 INDIA
10.4.4.1 Increased funding for scientific study to drive market
10.4.5 SOUTH KOREA
10.4.5.1 Booming semiconductors industry to drive market
10.4.6 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD
10.5.1 RECESSION IMPACT ANALYSIS
TABLE 113 REST OF THE WORLD: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 114 REST OF THE WORLD: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 115 REST OF THE WORLD: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 116 REST OF THE WORLD: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
10.5.2 SOUTH AMERICA
10.5.2.1 Increasing adoption of IR spectroscopy technology by sportspersons and medical professionals to drive market
10.5.3 MIDDLE EAST & AFRICA
TABLE 117 MIDDLE EAST & AFRICA: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 118 MIDDLE EAST & AFRICA: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
10.5.3.1 GCC
10.5.3.1.1 Rising adoption of IR spectrometers by research institutes, distributors, and universities to drive market
10.5.3.2 Rest of Middle East & Africa
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 119 STRATEGIES ADOPTED BY KEY PLAYERS
11.2.1 PRODUCT PORTFOLIO
11.2.2 REGIONAL FOCUS
11.2.3 MANUFACTURING FOOTPRINT
11.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
11.3 MARKET SHARE ANALYSIS
FIGURE 51 MARKET SHARE ANALYSIS, 2023
TABLE 120 DEGREE OF COMPETITION, 2023
11.4 REVENUE ANALYSIS
FIGURE 52 REVENUE ANALYSIS, 2019–2023
11.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 53 COMPANY VALUATION
FIGURE 54 FINANCIAL METRICS
11.6 BRAND COMPARISON
FIGURE 55 BRAND COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
FIGURE 56 IR SPECTROSCOPY MARKET: COMPANY EVALUATION MATRIX, 2023
11.7.5 COMPANY FOOTPRINT
FIGURE 57 IR SPECTROSCOPY MARKET: COMPANY FOOTPRINT
TABLE 121 IR SPECTROSCOPY MARKET: PRODUCT TYPE FOOTPRINT
TABLE 122 IR SPECTROSCOPY MARKET: TYPE FOOTPRINT
TABLE 123 IR SPECTROSCOPY MARKET: TECHNOLOGY FOOTPRINT
TABLE 124 IR SPECTROSCOPY MARKET: END USER FOOTPRINT
TABLE 125 IR SPECTROSCOPY MARKET: REGION FOOTPRINT
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
FIGURE 58 IR SPECTROSCOPY MARKET: STARTUP/SME EVALUATION MATRIX, 2023
11.8.5 COMPETITIVE BENCHMARKING
TABLE 126 IR SPECTROSCOPY MARKET: KEY STARTUPS/SMES
TABLE 127 IR SPECTROSCOPY MARKET: COMPETITIVE BENCHMARKING
11.9 COMPETITIVE SCENARIOS AND TRENDS
11.9.1 PRODUCT LAUNCHES
TABLE 128 IR SPECTROSCOPY MARKET: PRODUCT LAUNCHES, JANUARY 2020–FEBRUARY 2024
11.9.2 DEALS
TABLE 129 IR SPECTROSCOPY MARKET: DEALS, JANUARY 2020–FEBRUARY 2024
12 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 KEY PLAYERS
12.1.1 SHIMADZU CORPORATION
TABLE 130 SHIMADZU CORPORATION: COMPANY OVERVIEW
FIGURE 59 SHIMADZU CORPORATION: COMPANY SNAPSHOT
TABLE 131 SHIMADZU CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 132 SHIMADZU CORPORATION: PRODUCT LAUNCHES
TABLE 133 SHIMADZU CORPORATION: DEALS
12.1.2 AGILENT TECHNOLOGIES, INC.
TABLE 134 AGILENT TECHNOLOGIES, INC.: COMPANY OVERVIEW
FIGURE 60 AGILENT TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 135 AGILENT TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 136 AGILENT TECHNOLOGIES, INC.: PRODUCT LAUNCHES
TABLE 137 AGILENT TECHNOLOGIES, INC.: DEALS
12.1.3 BRUKER
TABLE 138 BRUKER: COMPANY OVERVIEW
FIGURE 61 BRUKER: COMPANY SNAPSHOT
TABLE 139 BRUKER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 140 BRUKER: PRODUCT LAUNCHES
12.1.4 HORIBA, LTD.
TABLE 141 HORIBA, LTD.: COMPANY OVERVIEW
FIGURE 62 HORIBA, LTD.: COMPANY SNAPSHOT
TABLE 142 HORIBA, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.5 PERKINELMER INC.
TABLE 143 PERKINELMER INC.: COMPANY OVERVIEW
FIGURE 63 PERKINELMER INC.: COMPANY SNAPSHOT
TABLE 144 PERKINELMER INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 145 PERKINELMER INC.: PRODUCT LAUNCHES
TABLE 146 PERKINELMER INC.: DEALS
12.1.6 ZEISS
TABLE 147 ZEISS: COMPANY OVERVIEW
FIGURE 64 ZEISS: COMPANY SNAPSHOT
TABLE 148 ZEISS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 149 ZEISS: PRODUCT LAUNCHES
12.1.7 ABB
TABLE 150 ABB: COMPANY OVERVIEW
FIGURE 65 ABB: COMPANY SNAPSHOT
TABLE 151 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.8 THERMO FISHER SCIENTIFIC INC.
TABLE 152 THERMO FISHER SCIENTIFIC INC.: COMPANY OVERVIEW
FIGURE 66 THERMO FISHER SCIENTIFIC INC.: COMPANY SNAPSHOT
TABLE 153 THERMO FISHER SCIENTIFIC INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.9 SARTORIUS AG
TABLE 154 SARTORIUS AG: COMPANY OVERVIEW
FIGURE 67 SARTORIUS AG: COMPANY SNAPSHOT
TABLE 155 SARTORIUS AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 156 SARTORIUS AG: DEALS
12.1.10 HITACHI HIGH-TECH CORPORATION
TABLE 157 HITACHI HIGH-TECH CORPORATION: COMPANY OVERVIEW
TABLE 158 HITACHI HIGH-TECH CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2 OTHER PLAYERS
12.2.1 OXFORD INSTRUMENTS
TABLE 159 OXFORD INSTRUMENTS: COMPANY OVERVIEW
12.2.2 JASCO
TABLE 160 JASCO: COMPANY OVERVIEW
12.2.3 TELEDYNE PRINCETON INSTRUMENTS
TABLE 161 TELEDYNE PRINCETON INSTRUMENTS: COMPANY OVERVIEW
12.2.4 FOSS
TABLE 162 FOSS: COMPANY OVERVIEW
12.2.5 LUMEX INSTRUMENTS
TABLE 163 LUMEX INSTRUMENTS: COMPANY OVERVIEW
12.2.6 SPECTRA ANALYSIS INSTRUMENTS, INC.
TABLE 164 SPECTRA ANALYSIS INSTRUMENTS, INC.: COMPANY OVERVIEW
12.2.7 GALAXY SCIENTIFIC
TABLE 165 GALAXY SCIENTIFIC: COMPANY OVERVIEW
12.2.8 MICROPTIK
TABLE 166 MICROPTIK: COMPANY OVERVIEW
12.2.9 ISBEN PHOTONICS
TABLE 167 ISBEN PHOTONICS: COMPANY OVERVIEW
12.2.10 BAYSPEC
TABLE 168 BAYSPEC: COMPANY OVERVIEW
12.2.11 METROHM AG
TABLE 169 METROHM AG: COMPANY OVERVIEW
12.2.12 BRISTOL INSTRUMENTS
TABLE 170 BRISTOL INSTRUMENTS: COMPANY OVERVIEW
12.2.13 COLE-PARMER INSTRUMENT COMPANY, LLC
TABLE 171 COLE-PARMER INSTRUMENT COMPANY, LLC: COMPANY OVERVIEW
12.2.14 SCIEX
TABLE 172 SCIEX: COMPANY OVERVIEW
12.2.15 BRAINBOX LTD.
TABLE 173 BRAINBOX LTD.: COMPANY OVERVIEW
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 IR SPECTROSCOPY MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 INCLUSIONS AND EXCLUSIONS
TABLE 1 INCLUSIONS AND EXCLUSIONS
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 UNIT CONSIDERED
1.7 LIMITATIONS
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES
1.9.1 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 INTRODUCTION
FIGURE 2 RESEARCH DESIGN
2.2 RESEARCH DATA
FIGURE 3 RESEARCH APPROACH
2.2.1 SECONDARY DATA
2.2.1.1 Major secondary sources
2.2.1.2 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Key participants in primary interviews
2.2.2.2 Breakdown of primary interviews
2.2.2.3 Key data from primary sources
2.2.2.4 Key industry insights
2.3 FACTOR ANALYSIS
2.3.1 SUPPLY-SIDE ANALYSIS
FIGURE 4 REVENUE GENERATED BY IR SPECTROSCOPY SALES, BY KEY PLAYERS
FIGURE 5 REVENUE ANALYSIS OF SHIMADZU CORPORATION
2.3.2 DEMAND-SIDE ANALYSIS
FIGURE 6 REVENUE GENERATED BY IR SPECTROSCOPY SALES, BY END USER
2.4 MARKET SIZE ESTIMATION METHODOLOGY
FIGURE 7 SUPPLY-SIDE ANALYSIS
2.4.1 BOTTOM-UP APPROACH
2.4.1.1 Approach to arrive at market size using bottom-up analysis (demand side)
FIGURE 8 BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
2.4.2.1 Approach to arrive at market size using top-down analysis (supply side)
FIGURE 9 TOP-DOWN APPROACH
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 10 DATA TRIANGULATION
2.6 RESEARCH ASSUMPTIONS
TABLE 2 RESEARCH ASSUMPTIONS
TABLE 3 GROWTH FORECAST ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
2.8 RISK ASSESSMENT
TABLE 4 RISK ASSESSMENT
2.9 PARAMETERS TO ANALYZE RECESSION IMPACT
TABLE 5 PARAMETERS TO ANALYZE RECESSION IMPACT
3 EXECUTIVE SUMMARY
FIGURE 11 IR SPECTROSCOPY MARKET, 2020–2029 (USD MILLION)
FIGURE 12 FAR-INFRARED SPECTROSCOPY SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 13 PORTABLE SPECTROSCOPES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 14 BIOMEDICAL RESEARCH & BIOMATERIALS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 15 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN IR SPECTROSCOPY MARKET
FIGURE 16 GROWING DEPLOYMENT OF IR SPECTROSCOPY SYSTEMS IN HEALTHCARE & PHARMACEUTICALS INDUSTRY TO DRIVE MARKET
4.2 IR SPECTROSCOPY MARKET, BY TYPE
FIGURE 17 MID-INFRARED SPECTROSCOPY TO LEAD MARKET DURING FORECAST PERIOD
4.3 IR SPECTROSCOPY MARKET FOR HEALTHCARE & PHARMACEUTICALS, BY REGION
FIGURE 18 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.4 IR SPECTROSCOPY MARKET, BY PRODUCT TYPE
FIGURE 19 BENCHTOP SPECTROSCOPES TO BE DOMINANT SEGMENT DURING FORECAST PERIOD
4.5 IR SPECTROSCOPY MARKET, BY END USER
FIGURE 20 HEALTHCARE & PHARMACEUTICALS SEGMENT TO HAVE LARGEST MARKET SHARE DURING FORECAST PERIOD
4.6 IR SPECTROSCOPY MARKET, BY REGION
FIGURE 21 NORTH AMERICA TO SHOWCASE LARGEST SHARE OF IR SPECTROSCOPY MARKET IN 2029
4.7 IR SPECTROSCOPY MARKET, BY COUNTRY
FIGURE 22 CHINA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 23 IR SPECTROSCOPY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 24 IMPACT OF DRIVERS
5.2.1.1 Growing number of healthcare institutions and clinical research centers
5.2.1.2 Increasing R&D investments in healthcare & pharmaceutical industry
5.2.1.3 Continuous technological advancements in IR spectroscopy
5.2.2 RESTRAINTS
FIGURE 25 IMPACT OF RESTRAINTS
5.2.2.1 Technical constraints
5.2.2.2 Limited lifespan of IR spectroscopy devices
5.2.3 OPPORTUNITIES
FIGURE 26 IMPACT OF OPPORTUNITIES
5.2.3.1 Seed quality detection using NIR spectroscopy
5.2.3.2 Focus on drug development and biological research
5.2.4 CHALLENGES
FIGURE 27 IMPACT OF CHALLENGES
5.2.4.1 High cost of IR spectroscopy products
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 28 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.4 PRICING ANALYSIS
5.4.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PRODUCT TYPE
FIGURE 29 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TOP PRODUCT TYPE
TABLE 6 AVERAGE SELLING PRICE TREND, BY TOP PRODUCT TYPE, 2015–2023 (USD)
5.4.2 AVERAGE SELLING PRICE TREND, BY REGION
TABLE 7 AVERAGE SELLING PRICE TREND, BY REGION, 2019–2023 (USD)
5.5 VALUE CHAIN ANALYSIS
FIGURE 30 VALUE CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS
FIGURE 31 ECOSYSTEM MAPPING
TABLE 8 ROLE OF COMPANIES IN ECOSYSTEM
5.7 INVESTMENT AND FUNDING SCENARIO
FIGURE 32 INVESTMENT AND FUNDING SCENARIO
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Micro-FTIR spectroscopy
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 Raman spectroscopy
5.8.2.2 Mass spectrometry
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Miniaturization and portability
5.8.3.2 Data analysis software
5.9 PATENT ANALYSIS
TABLE 9 INNOVATIONS AND PATENT REGISTRATIONS, 2021–2023
FIGURE 33 PATENT ANALYSIS, 2013–2023
FIGURE 34 REGIONAL ANALYSIS OF PATENTS, 2023
5.10 TRADE DATA ANALYSIS
5.10.1 IMPORT DATA
FIGURE 35 IMPORT DATA FOR HS CODE 902730-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 10 IMPORT SCENARIO FOR HS CODE 902730-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
5.10.2 EXPORT DATA
FIGURE 36 EXPORT DATA FOR HS CODE 902730-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 11 EXPORT SCENARIO FOR HS CODE 902730-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
5.11 KEY CONFERENCES AND EVENTS
TABLE 12 KEY CONFERENCES AND EVENTS, 2024–2025
5.12 CASE STUDY ANALYSIS
5.12.1 NIR METHODS OPTIMIZED USING ANTARIS FT-NIR AND CHEMOMETRIC MODELING
5.12.2 USE OF FTIR SPECTROSCOPY FOR ENVIRONMENTAL PLASTICS RESEARCH
5.12.3 IMPROVED STONE DETECTION WITH MULTIVARIATE ANALYSIS SOFTWARE
5.12.4 ENHANCED CHEMICAL COMPOUND DETECTION USING DIAMOND-TURNED MIRRORS AND BEAMSPLITTERS
5.13 TARIFF AND REGULATORY LANDSCAPE
5.13.1 COUNTRY-WISE TARIFFS FOR HS CODE 902730-COMPLIANT PRODUCTS
TABLE 13 MFN TARIFF FOR HS CODE 902730-COMPLIANT PRODUCTS EXPORTED BY US, 2023
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.3 REGULATORY STANDARDS
5.14 PORTER’S FIVE FORCES ANALYSIS
TABLE 18 IMPACT OF PORTER’S FIVE FORCES
FIGURE 37 PORTER’S FIVE FORCES ANALYSIS
5.14.1 THREAT OF NEW ENTRANTS
5.14.2 THREAT OF SUBSTITUTES
5.14.3 BARGAINING POWER OF SUPPLIERS
5.14.4 BARGAINING POWER OF BUYERS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 38 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TECHNOLOGY
TABLE 19 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TECHNOLOGY (%)
5.15.2 BUYING CRITERIA
FIGURE 39 KEY BUYING CRITERIA, BY PRODUCT TYPE
TABLE 20 KEY BUYING CRITERIA, BY PRODUCT TYPE
6 IR SPECTROSCOPY MARKET, BY TECHNOLOGY
6.1 INTRODUCTION
FIGURE 40 IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 21 IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 22 IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
6.2 FOURIER TRANSFORM INFRARED SPECTROSCOPY
6.2.1 INCREASING ADOPTION IN FORENSICS AND PHARMACEUTICAL RESEARCH TO DRIVE MARKET
TABLE 23 FOURIER TRANSFORM INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 24 FOURIER TRANSFORM INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
6.3 DISPERSIVE INFRARED SPECTROSCOPY
6.3.1 GROWING USE IN CATALYSIS, SURFACE SCIENCE, ENVIRONMENTAL SCIENCE, AND MATERIALS CHARACTERIZATION TO DRIVE MARKET
TABLE 25 DISPERSIVE INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 26 DISPERSIVE INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
7 IR SPECTROSCOPY MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 41 IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 27 IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 28 IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
7.2 NEAR-INFRARED SPECTROSCOPY
7.2.1 RISING FOCUS ON DELIVERING HIGH-QUALITY PRODUCTS TO DAIRY AND AGRICULTURE INDUSTRIES TO DRIVE MARKET
FIGURE 42 NEAR-INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 29 NEAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 30 NEAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 31 NEAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 32 NEAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
7.3 MID-INFRARED SPECTROSCOPY (MIR)
7.3.1 INCREASING DEMAND FOR REAL-TIME MONITORING OF FOOD QUALITY TO DRIVE MARKET
FIGURE 43 MID-INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 33 MID-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 34 MID-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 35 MID-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 36 MID-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
7.4 FAR-INFRARED SPECTROSCOPY
7.4.1 SURGE IN DEMAND FOR SAFE HEALTHCARE APPLICATIONS TO DRIVE MARKET
FIGURE 44 FAR-INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 37 FAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 38 FAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 39 FAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 40 FAR-INFRARED SPECTROSCOPY: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
8 INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE
8.1 INTRODUCTION
FIGURE 45 IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 41 INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)
TABLE 42 INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)
TABLE 43 INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2020–2023 (THOUSAND UNITS)
TABLE 44 INFRARED SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2024–2029 (THOUSAND UNITS)
8.2 BENCHTOP SPECTROSCOPES
8.2.1 GROWING NEED FOR COST-EFFECTIVE AND COMPACT SYSTEMS TO DRIVE MARKET
TABLE 45 BENCHTOP SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 46 BENCHTOP SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 47 BENCHTOP SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 48 BENCHTOP SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
8.3 MICRO SPECTROSCOPES
8.3.1 FORENSIC SCIENCE AND TISSUE ENGINEERING APPLICATIONS TO DRIVE MARKET
TABLE 49 MICRO SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 50 MICRO SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 51 MICRO SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 52 MICRO SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
8.4 PORTABLE SPECTROSCOPES
8.4.1 EASE OF USE FOR NON-TECHNICAL OPERATORS TO DRIVE MARKET
TABLE 53 PORTABLE SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 54 PORTABLE SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 55 PORTABLE SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 56 PORTABLE SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
8.5 HYPHENATED SPECTROSCOPES
8.5.1 INCREASING NEED FOR HIGH-THROUGHPUT ANALYSIS IN VARIOUS INDUSTRIES TO DRIVE MARKET
TABLE 57 HYPHENATED SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 58 HYPHENATED SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 59 HYPHENATED SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 60 HYPHENATED SPECTROSCOPES: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
9 IR SPECTROSCOPY MARKET, BY END USER
9.1 INTRODUCTION
FIGURE 46 IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
TABLE 61 IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 62 IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
9.2 HEALTHCARE & PHARMACEUTICALS
9.2.1 RISING USE IN DIAGNOSTIC AND THERAPEUTIC APPLICATIONS TO DRIVE MARKET
TABLE 63 HEALTHCARE & PHARMACEUTICALS: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 64 HEALTHCARE & PHARMACEUTICALS: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 65 HEALTHCARE & PHARMACEUTICALS: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 66 HEALTHCARE & PHARMACEUTICALS: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 67 HEALTHCARE & PHARMACEUTICALS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 68 HEALTHCARE & PHARMACEUTICALS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
9.3 CHEMICALS
9.3.1 INCREASING NEED TO IDENTIFY MOLECULAR CHARACTERISTICS FOR VARIOUS APPLICATIONS TO DRIVE MARKET
TABLE 69 CHEMICALS: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 70 CHEMICALS: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 71 CHEMICALS: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 72 CHEMICALS: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 73 CHEMICALS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 74 CHEMICALS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
9.4 FOOD & BEVERAGES
9.4.1 GROWING NEED TO ASSESS QUALITY AND SAFETY OF FOOD & BEVERAGES TO DRIVE MARKET
TABLE 75 FOOD & BEVERAGES: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 76 FOOD & BEVERAGES: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 77 FOOD & BEVERAGES: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 78 FOOD & BEVERAGES: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 79 FOOD & BEVERAGES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 80 FOOD & BEVERAGES: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
9.5 ENVIRONMENTAL
9.5.1 SURGE IN NEED TO DETECT AND QUANTIFY AIR, WATER, AND SOIL POLLUTANTS TO DRIVE MARKET
TABLE 81 ENVIRONMENTAL: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 82 ENVIRONMENTAL: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 83 ENVIRONMENTAL: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 84 ENVIRONMENTAL: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 85 ENVIRONMENTAL: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 86 ENVIRONMENTAL: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
9.6 BIOMEDICAL RESEARCH & BIOMATERIALS
9.6.1 GROWING TECHNOLOGICAL ADVANCEMENTS IN PROTEOMICS AND GENOMICS TO DRIVE MARKET
TABLE 87 BIOMEDICAL RESEARCH & BIOMATERIALS: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 88 BIOMEDICAL RESEARCH & BIOMATERIALS: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 89 BIOMEDICAL RESEARCH & BIOMATERIALS: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 90 BIOMEDICAL RESEARCH & BIOMATERIALS: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 91 BIOMEDICAL RESEARCH & BIOMATERIALS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 92 BIOMEDICAL RESEARCH & BIOMATERIALS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
9.7 CONSUMER ELECTRONICS
9.7.1 INCREASING INTEGRATION IN MOBILE DEVICES TO DRIVE MARKET
TABLE 93 CONSUMER ELECTRONICS: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 94 CONSUMER ELECTRONICS: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 95 CONSUMER ELECTRONICS: IR SPECTROSCOPY MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 96 CONSUMER ELECTRONICS: IR SPECTROSCOPY MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 97 CONSUMER ELECTRONICS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
TABLE 98 CONSUMER ELECTRONICS: IR SPECTROSCOPY MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
10 IR SPECTROSCOPY MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 47 IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 99 IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 100 IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 48 NORTH AMERICA: IR SPECTROSCOPY MARKET SNAPSHOT
10.2.1 RECESSION IMPACT ANALYSIS
TABLE 101 NORTH AMERICA: IR SPECTROSCOPY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 102 NORTH AMERICA: IR SPECTROSCOPY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 103 NORTH AMERICA: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 104 NORTH AMERICA: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
10.2.2 US
10.2.2.1 Surge in healthcare spending to drive market
10.2.3 CANADA
10.2.3.1 Growing focus on reviving aircraft manufacturing to drive market
10.2.4 MEXICO
10.2.4.1 Increasing need to monitor air quality to drive market
10.3 EUROPE
FIGURE 49 EUROPE: IR SPECTROSCOPY MARKET SNAPSHOT
10.3.1 RECESSION IMPACT ANALYSIS
TABLE 105 EUROPE: IR SPECTROSCOPY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 106 EUROPE: IR SPECTROSCOPY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 107 EUROPE: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 108 EUROPE: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
10.3.2 UK
10.3.2.1 Growing emphasis by government on adopting IR spectroscopy technology to drive market
10.3.3 GERMANY
10.3.3.1 Increasing shift toward climate-neutral mobility to drive market
10.3.4 FRANCE
10.3.4.1 Biomedical and food & beverages applications to drive market
10.3.5 ITALY
10.3.5.1 Surge in presence of laboratories specializing in IR spectroscopy to drive market
10.3.6 REST OF EUROPE
10.4 ASIA PACIFIC
FIGURE 50 ASIA PACIFIC: IR SPECTROSCOPY MARKET SNAPSHOT
10.4.1 RECESSION IMPACT ANALYSIS
TABLE 109 ASIA PACIFIC: IR SPECTROSCOPY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 110 ASIA PACIFIC: IR SPECTROSCOPY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 111 ASIA PACIFIC: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 112 ASIA PACIFIC: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
10.4.2 CHINA
10.4.2.1 Growing use in security and surveillance applications to drive market
10.4.3 JAPAN
10.4.3.1 Growing demand for monitoring manufacturing processes to drive market
10.4.4 INDIA
10.4.4.1 Increased funding for scientific study to drive market
10.4.5 SOUTH KOREA
10.4.5.1 Booming semiconductors industry to drive market
10.4.6 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD
10.5.1 RECESSION IMPACT ANALYSIS
TABLE 113 REST OF THE WORLD: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 114 REST OF THE WORLD: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 115 REST OF THE WORLD: IR SPECTROSCOPY MARKET, BY END USER, 2020–2023 (USD MILLION)
TABLE 116 REST OF THE WORLD: IR SPECTROSCOPY MARKET, BY END USER, 2024–2029 (USD MILLION)
10.5.2 SOUTH AMERICA
10.5.2.1 Increasing adoption of IR spectroscopy technology by sportspersons and medical professionals to drive market
10.5.3 MIDDLE EAST & AFRICA
TABLE 117 MIDDLE EAST & AFRICA: IR SPECTROSCOPY MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 118 MIDDLE EAST & AFRICA: IR SPECTROSCOPY MARKET, BY REGION, 2024–2029 (USD MILLION)
10.5.3.1 GCC
10.5.3.1.1 Rising adoption of IR spectrometers by research institutes, distributors, and universities to drive market
10.5.3.2 Rest of Middle East & Africa
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 119 STRATEGIES ADOPTED BY KEY PLAYERS
11.2.1 PRODUCT PORTFOLIO
11.2.2 REGIONAL FOCUS
11.2.3 MANUFACTURING FOOTPRINT
11.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
11.3 MARKET SHARE ANALYSIS
FIGURE 51 MARKET SHARE ANALYSIS, 2023
TABLE 120 DEGREE OF COMPETITION, 2023
11.4 REVENUE ANALYSIS
FIGURE 52 REVENUE ANALYSIS, 2019–2023
11.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 53 COMPANY VALUATION
FIGURE 54 FINANCIAL METRICS
11.6 BRAND COMPARISON
FIGURE 55 BRAND COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
FIGURE 56 IR SPECTROSCOPY MARKET: COMPANY EVALUATION MATRIX, 2023
11.7.5 COMPANY FOOTPRINT
FIGURE 57 IR SPECTROSCOPY MARKET: COMPANY FOOTPRINT
TABLE 121 IR SPECTROSCOPY MARKET: PRODUCT TYPE FOOTPRINT
TABLE 122 IR SPECTROSCOPY MARKET: TYPE FOOTPRINT
TABLE 123 IR SPECTROSCOPY MARKET: TECHNOLOGY FOOTPRINT
TABLE 124 IR SPECTROSCOPY MARKET: END USER FOOTPRINT
TABLE 125 IR SPECTROSCOPY MARKET: REGION FOOTPRINT
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
FIGURE 58 IR SPECTROSCOPY MARKET: STARTUP/SME EVALUATION MATRIX, 2023
11.8.5 COMPETITIVE BENCHMARKING
TABLE 126 IR SPECTROSCOPY MARKET: KEY STARTUPS/SMES
TABLE 127 IR SPECTROSCOPY MARKET: COMPETITIVE BENCHMARKING
11.9 COMPETITIVE SCENARIOS AND TRENDS
11.9.1 PRODUCT LAUNCHES
TABLE 128 IR SPECTROSCOPY MARKET: PRODUCT LAUNCHES, JANUARY 2020–FEBRUARY 2024
11.9.2 DEALS
TABLE 129 IR SPECTROSCOPY MARKET: DEALS, JANUARY 2020–FEBRUARY 2024
12 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 KEY PLAYERS
12.1.1 SHIMADZU CORPORATION
TABLE 130 SHIMADZU CORPORATION: COMPANY OVERVIEW
FIGURE 59 SHIMADZU CORPORATION: COMPANY SNAPSHOT
TABLE 131 SHIMADZU CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 132 SHIMADZU CORPORATION: PRODUCT LAUNCHES
TABLE 133 SHIMADZU CORPORATION: DEALS
12.1.2 AGILENT TECHNOLOGIES, INC.
TABLE 134 AGILENT TECHNOLOGIES, INC.: COMPANY OVERVIEW
FIGURE 60 AGILENT TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 135 AGILENT TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 136 AGILENT TECHNOLOGIES, INC.: PRODUCT LAUNCHES
TABLE 137 AGILENT TECHNOLOGIES, INC.: DEALS
12.1.3 BRUKER
TABLE 138 BRUKER: COMPANY OVERVIEW
FIGURE 61 BRUKER: COMPANY SNAPSHOT
TABLE 139 BRUKER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 140 BRUKER: PRODUCT LAUNCHES
12.1.4 HORIBA, LTD.
TABLE 141 HORIBA, LTD.: COMPANY OVERVIEW
FIGURE 62 HORIBA, LTD.: COMPANY SNAPSHOT
TABLE 142 HORIBA, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.5 PERKINELMER INC.
TABLE 143 PERKINELMER INC.: COMPANY OVERVIEW
FIGURE 63 PERKINELMER INC.: COMPANY SNAPSHOT
TABLE 144 PERKINELMER INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 145 PERKINELMER INC.: PRODUCT LAUNCHES
TABLE 146 PERKINELMER INC.: DEALS
12.1.6 ZEISS
TABLE 147 ZEISS: COMPANY OVERVIEW
FIGURE 64 ZEISS: COMPANY SNAPSHOT
TABLE 148 ZEISS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 149 ZEISS: PRODUCT LAUNCHES
12.1.7 ABB
TABLE 150 ABB: COMPANY OVERVIEW
FIGURE 65 ABB: COMPANY SNAPSHOT
TABLE 151 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.8 THERMO FISHER SCIENTIFIC INC.
TABLE 152 THERMO FISHER SCIENTIFIC INC.: COMPANY OVERVIEW
FIGURE 66 THERMO FISHER SCIENTIFIC INC.: COMPANY SNAPSHOT
TABLE 153 THERMO FISHER SCIENTIFIC INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.9 SARTORIUS AG
TABLE 154 SARTORIUS AG: COMPANY OVERVIEW
FIGURE 67 SARTORIUS AG: COMPANY SNAPSHOT
TABLE 155 SARTORIUS AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 156 SARTORIUS AG: DEALS
12.1.10 HITACHI HIGH-TECH CORPORATION
TABLE 157 HITACHI HIGH-TECH CORPORATION: COMPANY OVERVIEW
TABLE 158 HITACHI HIGH-TECH CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.2 OTHER PLAYERS
12.2.1 OXFORD INSTRUMENTS
TABLE 159 OXFORD INSTRUMENTS: COMPANY OVERVIEW
12.2.2 JASCO
TABLE 160 JASCO: COMPANY OVERVIEW
12.2.3 TELEDYNE PRINCETON INSTRUMENTS
TABLE 161 TELEDYNE PRINCETON INSTRUMENTS: COMPANY OVERVIEW
12.2.4 FOSS
TABLE 162 FOSS: COMPANY OVERVIEW
12.2.5 LUMEX INSTRUMENTS
TABLE 163 LUMEX INSTRUMENTS: COMPANY OVERVIEW
12.2.6 SPECTRA ANALYSIS INSTRUMENTS, INC.
TABLE 164 SPECTRA ANALYSIS INSTRUMENTS, INC.: COMPANY OVERVIEW
12.2.7 GALAXY SCIENTIFIC
TABLE 165 GALAXY SCIENTIFIC: COMPANY OVERVIEW
12.2.8 MICROPTIK
TABLE 166 MICROPTIK: COMPANY OVERVIEW
12.2.9 ISBEN PHOTONICS
TABLE 167 ISBEN PHOTONICS: COMPANY OVERVIEW
12.2.10 BAYSPEC
TABLE 168 BAYSPEC: COMPANY OVERVIEW
12.2.11 METROHM AG
TABLE 169 METROHM AG: COMPANY OVERVIEW
12.2.12 BRISTOL INSTRUMENTS
TABLE 170 BRISTOL INSTRUMENTS: COMPANY OVERVIEW
12.2.13 COLE-PARMER INSTRUMENT COMPANY, LLC
TABLE 171 COLE-PARMER INSTRUMENT COMPANY, LLC: COMPANY OVERVIEW
12.2.14 SCIEX
TABLE 172 SCIEX: COMPANY OVERVIEW
12.2.15 BRAINBOX LTD.
TABLE 173 BRAINBOX LTD.: COMPANY OVERVIEW
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
