Near-infrared Spectroscopy Analyzers Market

The global Near-infrared Spectroscopy (Near Infrared (NIR) Analyzers) market was valued at 46.51 Million USD in 2021 and will grow with a CAGR of 2.75% from 2021 to 2027, based on newly published report.

The prime objective of Near-infrared Spectroscopy Analyzers Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Near-infrared Spectroscopy Analyzers Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Near-infrared (NIR) Analyzer is a widely used analysis technique for identifcation of raw materials and quantifcation of substances in research and industrial applications. Near Infrared (NIR) Analyzer is spectroscopic equipment using the near-infrared region of the electromagnetic spectrum (from about 700 nm to 2500 nm, and typical applications include medical and physiological diagnostics and research including blood sugar, pulse oximetry, functional neuroimaging, sports medicine, elite sports training, ergonomics, rehabilitation, neonatal research, brain computer interface, urology (bladder contraction), and neurology (neurovascular coupling). There are also applications in other areas as well such as pharmaceutical, food and agrochemical quality control, atmospheric chemistry, and combustion research. Near Infrared (NIR) Analyzers is a technology-intensive industry. There are less than twenty manufacturers in this industry. The sales revenue share of Thermo Fisher is about 17.17% in 2016, which is the No.1 of the global near-infrared spectroscopy industry. The other competitors include Foss A/S (13.73%), Bruker (10.45%), PerkinElmer (9.18%), Buchi Labortechnik, Unity Scientific (KPM Analytics), Shimadzu, Jasco, Agilent Technologies, Yokogawa Electric, Sartorius, and ZEUTEC etc. The competition status wouldn`t be change in the short term. The growth of near-infrared spectroscopy industry depends on the acceptance of enterprise. The global Near Infrared (NIR) Analyzers industry has reached a sales volume of approximately 5638 Unit in 2016. The global near-infrared analyzers industry has reached the value of approximately 438 million USD in 2016. The growth of the near-infrared analyzers technology market is also driven by factors, such as an increasing adoption in Food and agriculture industry and Pharmaceutical industry. However, factors such as high investment and installation cost are hindering the growth of this market. In the coming years, near-infrared analyzers market is expected to witness the highest growth rate in the Asia-Pacific region. Companies must be aware of their competitive surroundings within their market. Being aware of competitor`s strategy can prevent a lag in reaction to a change within this market. This especially true in the near-infrared analyzers Industry because of its high growth in the Asian Market. It is important for European and North American manufactures to monitor the Asian Market closely and follow any new technologies they may develop or else they may find themselves not able to produce at the speed and with the quality needed. Although near-infrared analyzers brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

By Market Verdors:

Thermo Fisher

Foss A/S

Bruker

PerkinElmer

Buchi Labortechnik

Unity Scientific (KPM Analytics)

ABB

Agilent Technologies

Shimadzu

Guided Wave (Advanced Group)

Jasco

ZEUTEC

Sartorius

Yokogawa Electric

By Types:

FT - NIR(Interferometer)

By Applications:

Polymer Industry

Food and Agriculture Industry

Pharmaceutical Industry

Oil and Gas

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

Besides the standard structure reports, we also provide custom research according to specific requirements