Near-infrared Spectroscopy Market Analysis

Product (Fourier Transform-based (FT-NIR) Spectrometers, Dispersive Infrared Spectroscopy)

The fourier transform-based (FT-NIR) spectrometers segment is estimated to hold 80% share of the global NIR spectroscopy market in the coming years owing to the growing chemical sector. As a result, the need for spectroscopic analysis has increased in the sector. FT-NIR spectrometers are used for non-destructive quantitative analysis and to identify chemicals, substances in a test sample, and monitoring chemical reactions. According to estimates, more than USD 4 trillion dollars in sales were generated by the chemical sector worldwide in 2021.

Type (Benchtop, Portable)

Near-infrared spectroscopy market in the benchtop segment is set to garner a notable share of 75% shortly owing to benefits offered by this type. Benchtop near-infrared devices are cost-effective and easily accessible to users. They can be used across a range of applications which makes them versatile. Besides this, they have a longer lifespan, require minimum space, and less maintenance. Further, they also help in the rapid analysis of samples without causing them any destruction.

Our in-depth analysis of the global NIR spectroscopy market includes the following segments: