Near Infrared (NIR) spectroscopy Market Market Trend, Growth
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. Near infrared spectroscopy market revenue growth is driven by steady rise in demand for specific tests and improved quality results.
Near infrared spectroscopy helps in identifying healthy and infected seeds. It can also classify the degree to which seeds are infected. Near infrared spectroscopy is an accurate and non-destructive detection method with potential for quality control of seeds and safety assessment, which drives its demand in agricultural industry.
Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Near Infrared Spectroscopy market has been positive or negative.
According to the World Health Organization, there are approximately 200 types of diseases as a result of consumption of contaminated food every year.
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It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the Near Infrared Spectroscopy market.
Near infrared spectroscopy is among the most widely used analytical techniques in control of food and quality testing. Contamination of food is the most common cause of concerns globally.
The report on the Global Near Infrared Spectroscopy Market is an investigative study on the key features of the business landscape along with an analysis of the growth opportunities, challenges, threats, drivers and restraints, and limitations of the market. The report also offers insights into the segments, sub-segments, and regions exhibiting promising growth.
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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)
- 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
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)
The prominent players profiled in the report are:
Key players in the 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.
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