The global Near Infrared (NIR) spectroscopy market size is expected to reach USD 437.3 Million at a steady CAGR of 6.2% in 2028, according to latest analysis by Emergen Research. It is also estimated that more than 600 million people fall ill from intake of unsafe food and approximately 420,000 die every year due to the same. Contaminated food is a major cause of concern and application of near infrared spectroscopy to test the quality of food is driving growth of the near infrared spectroscopy market revenue.
Thorough segmentation of the industry by type, application, classification, and geography works as an impetus towards increasing the sale figures and boosting business prospects alongside the hindrances that often restrict the industry's growth. In addition, bifurcation of the market on the basis of consumption volume, customer preference, end-user, and production capacity is explained through important resources including but not limited to charts, graphic images, and tables.
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Key companies operating in the Near Infrared Spectroscopy market include:
Agilent Technologies, PerkinElmer, Thermo Fisher Scientific Inc., Bruker Corp., Hitachi Ltd., Shimadzu Corporation, Carl Zeiss AG, JASCO International Co., Ltd., Horiba Ltd., and Lumex Instruments.
The Global Near Infrared Spectroscopy Report is a panoramic study of the overall Near Infrared Spectroscopy market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Near Infrared Spectroscopy market. The report provides a detailed analysis of the key factors of the Near Infrared Spectroscopy market that are expected to have a positive impact on the growth of the Near Infrared Spectroscopy industry.
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Emergen Research has segmented the global near infrared spectroscopy market on the basis of modality, technology, application, and region:
Modality Outlook (Revenue, USD Million; 2018–2028)
- Benchtop
- Portable
Technology Outlook (Revenue, USD Million; 2018–2028)
- Dispersive Infrared Spectroscopy
- Fourier Transform Infrared (FT-IR) Spectroscopy
Application Outlook (Revenue, USD Million; 2018–2028)
- Medical uses
- Astronomical Spectroscopy
- Remote Monitoring
- Agriculture
- Particle Measurement
- Material Science
- Industrial uses
- Others
Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
- North America
U.S., Canada
- Europe
U.K., Italy, Germany, France, Rest of EU
- Asia Pacific
India, Japan, China, South Korea, Australia. Rest of APAC
- Latin America
Chile, Brazil, Argentina, Rest of Latin America
- Middle East Africa
Saudi Arabia, U.A.E., South Africa, Rest of MEA
Key Questions Addressed in the Report:
- Who are the leading players in the Near Infrared Spectroscopy industry?
- Which region is expected to dominate the market in the coming years?
- What are the key applications of Near Infrared Spectroscopy?
- Which segment is expected to garner traction during the coming years?
- What are the key strategies adopted by leading players in the market?
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