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IR Spectroscopy Market by Spectrum Sensitivity (NIR, Mid IR, and Far IR), Product Type (Benchtop, Micro, Portable, and Hyphenated), Vertical (Biological, Pharmaceuticals, Chemicals, Food & Beverages, Environmental), and Geography - Global Forecast to 2022

IR Spectroscopy Market by Spectrum Sensitivity (NIR, Mid IR, and Far IR), Product Type (Benchtop, Micro, Portable, and Hyphenated), Vertical (Biological, Pharmaceuticals, Chemicals, Food & Beverages, Environmental), and Geography - Global Forecast to 2022

“IR spectroscopy expected to grow at a CAGR of 6.5% during the forecast period”
The IR spectroscopy market is expected to be valued at USD 1.26 billion by 2022, growing at a CAGR of 6.5% during the forecast period. IR spectroscopy is used in various sectors such as biological, pharmaceuticals, chemicals, food & beverages, environmental, semiconductors, and others; of which the market for the biological sector is expected to grow at the highest CAGR during the forecast period. Factors such as advancements in the biotechnology and pharmaceuticals industries in the U.S., Germany, the U.K., and Italy are expected to drive the growth of the market during the forecast period.

“Portable spectroscopes to gain maximum traction during the forecast period”
The market for portable spectroscopes is expected to grow at a higher rate than that of the other IR spectroscopy types during the forecast period. The growth in this market is due the advantages of portable spectroscopes such as improved workflow, minimum space requirements, and less complications and efforts in maintenance. The portable IR instruments that are commonly available in the market involve Fourier transform mechanisms and are known as portable FT-IR. Benchtop spectroscopy held the largest market share in 2015.
“North America held the largest market share in 2015.”
North America held the largest share of the IR spectroscopy market in 2015; the market in North America is expected to dominate the global market during the forecast period. Increasing government funding for research, stringent drug regulations, and growing food safety concerns are some of the driving factors for the growth of the IR spectroscopy market in North America; whereas the market in APAC is expected to grow at the highest rate during the forecast period.

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews have been conducted with key opinion leaders. The break-up of the profiles of primary participants is given below:
By Company Type: Tier 1—22%, Tier 2—45%, and Tier 3—33%
By Designation: C-Level Executives—33%, Directors—22%, and Others—45%
By Region: The Americas—34%, APAC—33%, Europe—22%, and RoW—11%
The increase in R&D investment in life science, regulatory framework for process analytical technology in the pharmaceuticals industry, and continuous technological advancements in IR spectroscopy are expected to drive the growth of the IR spectroscopy market in the next five years.

The key players, operating in the IR spectroscopy market, profiled in the report are:
1. Agilent Technologies, Inc.
2. Bruker Corp.
3. Bayspec, Inc.
4. Horiba, Ltd.
5. Jasco Inc.
6. Perkinelmer Inc.
7. Princeton Instruments (PI )
8. Spectra Analysis Instruments Inc.
9. Teledyne Technologies Inc.
10. Thermo Fisher Scientific Inc.
11. FOSS

The report would help the market leaders/new entrants in this market in the following ways:
1. This report segments the IR spectroscopy market comprehensively and provides the closest approximations of the revenue numbers, along with the shipment for the overall market and the subsegments across different verticals and regions.
2. The report would help stakeholders understand the pulse of the market and provide them information on key market drivers, restraints, and opportunities.
3. This report would help stakeholders to understand their competitors and gain more insights to strengthen their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.


  • INTRODUCTION
    • OBJECTIVE OF THE STUDY
    • MARKET DEFINITION
    • MARKET COVERED
    • STAKEHOLDERS
    • CURRENCY & YEARS CONSIDERED FOR STUDY
  • RESEARCH METHODOLOGY
    • ARRIVING AT THE MARKET SIZE
    • MARKET SIZE ESTIMATION
    • FORECASTING APPROACH
    • TOP - DOWN & BOTTOM - UP APPROACH
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • MARKET CRACKDOWN & DATA TRIANGULATIONS
    • DEMAND SIDE APPROACH
    • KEY DATA POINTS TAKEN FROM SECONDARY RESEARCH
      • Table COUNTRY-WISE TRADE OF SPECTROMETERS, SPECTROPHOTOMETERS, AND OTHERS DEVICES, 2015
    • KEY DATA POINTS TAKEN FROM PRIMARY RESEARCH
    • MARKET SHARE ESTIMATION
      • Table KEY DATA TAKEN FROM SECONDARY SOURCES
      • Table KEY DATA TAKEN FROM PRIMARY SOURCES
    • REPORT ASSUMPTIONS
      • Table GENERAL ASSUMPTIONS
      • Table YEAR-WISE & FORECAST ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • MARKET OVERVIEW
    • INTRODUCTION
    • PARENT MARKET COMPARISON
    • INDUSTRY TRENDS
    • MARKET DYNAMICS
    • MARKET DRIVERS
    • MARKET RESTRAINTS
    • MARKET OPPORTUNIES
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES MODEL
    • QUANTIFICATION OF PORTER'S ANALYSIS
      • Table QUANTIFICATION OF PORTER'S ANALYSIS
    • PORTER'S FIVE FORCES MODEL
  • BY PRODUCT TECHNOLOGY
    • MARKET OVERVIEW, BY SPECTRUM SENSITIVITY
      • Table GLOBAL IR SPECTROSCOPY MARKET, BY SPECTRUM SENSITIVITY, 2014-2022 (UNIT SHIPMENT)
    • NIR SPECTROSCOPY MARKET, BY PRODUCT TYPE
      • Table NIR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2014-2022 (UNIT SHIPMENT)
    • NIR SPECTROSCOPY MARKET, BY VERTICAL
    • MID IR SPECTROSCOPY MARKET, BY PRODUCT TYPE
      • Table MID IR SPECTRUM SENSITIVITY MARKET, BY PRODUCT TYPE, 2014-2022 (UNIT SHIPMENT)
    • MID IR SPECTROSCOPY MARKET, BY VERTICAL
    • FAR IR SPECTROSCOPY MARKET, BY PRODUCT TYPE
      • Table FAR IR SPECTRUM SENSITIVITY MARKET, BY PRODUCT TYPE, 2014-2022 (UNIT SHIPMENT)
    • FAR IR SPECTROSCOPY MARKET, BY VERTICAL
    • MARKET OVERVIEW, BY COOLING REQUIREMENT
      • Table GLOBAL IR SPECTROSCOPY MARKET, BY COOLING REQUIREMENT, 2014-2022 (UNIT SHIPMENT)
  • BY PRODUCT TYPE
    • MARKET OVERVIEW, PRODUCT TYPE
      • Table GLOBAL IR SPECTROSCOPY MARKET, BY PRODUCT TYPE, 2014-2022, (UNIT SHIPMENT)
    • BENCHTOP SPECTROSCOPE MARKET, BY SPECTRUM SENSITIVITY
      • Table BENCHTOP SPECTROSCOPES MARKET, BY SPECTRUM SENSITIVITY, 2014-2022 (UNIT SHIPMENT)
    • MICRO SPECTROSCOPE MARKET, BY SPECTRUM SENSITIVITY
      • Table MICROSPECTROSCOPES MARKET, BY SPECTRUM SENSITIVITY, 2014-2022 (UNIT SHIPMENT)
    • PORTABLE IR SPECTROSCOPE, BY SPECTRUM SENSITIVITY
      • Table PORTABLE SPECTROSCOPES MARKET, BY SPECTRUM SENSITIVITY, 2014-2022 (UNIT SHIPMENT)
    • HYPHENATED SPECTROSCOPE, BY SPECTRUM SENSITIVITY
      • Table HYPHENATED SPECTROSCOPES MARKET, BY SPECTRUM SENSITIVITY, 2014-2022 (UNIT SHIPMENT)
  • BY VERTICAL
    • IR SPECTROSCOPY MARKET OVERVIEW, VERTICAL TYPE
    • PHARMACEUTICAL
    • CHEMICALS
    • FOOD & BEVERAGES
    • ENVIRONMENTAL
    • BIOLOGICAL
    • IR SPECTROSCOPY MARKET OVERVIEW, BIOLOGICAL VERTICAL
    • SEMICONDUCTORS
  • BY GEOGRAPHY
    • IR SPECTROSCOPY MARKET, BY GEOGRAPHY
      • Table GLOBAL IR SPECTROSCOPY MARKET, BY REGION, 2014-2022 (UNIT SHIPMENT)
    • IR SPECTROSCOPY MARKET IN NORTH AMERICA
      • Table IR SPECTROSCOPY MARKET IN NORTH AMERICA, BY COUNTRY, 2014-2022 (UNIT SHIPMENT)
    • IR SPECTROSCOPY MARKET IN APAC
      • Table IR SPECTROSCOPY MARKET IN APAC, BY COUNTRY, 2014-2022 (UNIT SHIPMENT)
    • IR SPECTROSCOPY MARKET IN EUROPE
      • Table IR SPECTROSCOPY MARKET IN EUROPE, BY COUNTRY, 2014-2022 (UNIT SHIPMENT)
    • IR SPECTROSCOPY MARKET IN ROW
      • Table IR SPECTROSCOPY MARKET IN ROW, BY COUNTRY, 2014-2022 (UNIT SHIPMENT)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • IR SPECTROSCOPY MARKET SHARE ANALYSIS
    • COMPETITIVE SITUATION & TRENDS
    • NEW PRODUCT DEVELOPMENT
      • Table IR SPECTROSCOPY MARKET LIST OF NEW PRODUCT DEVELOPMENT
    • MERGERS & ACQUISTIONS
      • Table IR SPECTROSCOPY MARKET LIST OF MERGER AND ACQUISTIONS
    • AGREEMENTS, PARTNERSHIPS, JOINT VENTURES, CONTRACTS, & COLLABORATIONS
      • Table IR SPECTROSCOPY MARKET LIST OF AGREEMENTS, PARTNERSHIP, JOINT VENTURES, CONTRACTS & COLLABRATIONS
    • EXPANSION
      • Table IR SPECTROSCOPY MARKET LIST OF EXPANSION
    • OTHERS
      • Table IR SPECTROSCOPY MARKET LIST OF OTHER ACTIVITIES
  • COMPANY PROFILE
    • AGILENT TECHNOLOGIES, INC.
      • Table AGILENT TECHNOLOGIES, INC.: DEVELOPMENTS
    • BAYSPEC, INC.
      • Table BAYSPEC, INC.: DEVELOPMENTS
    • BRUKER CORPORATION
      • Table BRUKER CORP.: DEVELOPMENTS
    • HORIBA, LTD.
      • Table HORIBA, LTD.: DEVELOPMENTS
    • JASCO INCORPORATED
      • Table JASCO INC.: DEVELOPMENTS
    • PERKINELMER INC.
      • Table PERKINELMER INC.: DEVELOPMENTS
    • PRINCETON INSTRUMENTS (PI)
      • Table PRINCETON INSTRUMENTS (PI): DEVELOPMENTS
    • SPECTRA ANALYSIS INSTRUMENTS INC.
      • Table DANI INSTRUMENTS SPA: DEVELOPMENTS
    • TELEDYNE DALSA INC.
      • Table TELEDYNE DALSA INC.: DEVELOPMENTS
    • THERMO FISHER SCIENTIFIC INC.
      • Table THERMO FISHER SCIENTIFIC INC.: DEVELOPMENTS
    • FOSS
      • Table FOSS: DEVELOPMENTS

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