Press release
Near Infrared Spectrum Instruments Market Global Status and Future Growth Blueprint | Strategic Forecast for 2025-2031
Los Angeles, United States - QY Research has released a new publication titled "Global Near Infrared Spectrum Instruments Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This comprehensive study provides an in-depth evaluation of the worldwide Near Infrared Spectrum Instruments industry, uncovering the major forces influencing market growth and delivering high-value insights for investors, industry leaders, and strategic decision-makers. The report examines critical elements such as market dynamics, evolving technologies, segmentation trends, regional developments, and the competitive landscape. With data backed by rigorous research and expert interpretation, it offers an authoritative guide to understanding the macroeconomic and microeconomic factors reshaping the global market.The global market for Near Infrared Spectrum Instruments was estimated to be worth US$ 566 million in 2024 and is forecast to a readjusted size of US$ 801 million by 2031 with a CAGR of 5.4% during the forecast period 2025-2031.
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Market Overview -
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Near Infrared Spectrum Instruments cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Near Infrared Spectrum Instrument is spectroscopic equipment using the near-infrared region of the electromagnetic spectrum(from about 700 nm to 2500 nm), is widely used for identifcation of raw materials and quantifcation of substances in research and industrial applications. In 2024, global Near Infrared Spectrum Instruments sales reached approximately 8,817 units , with an average global market price of around US$ 64,140 per unit.
The NIR spectroscopy instruments market is evolving rapidly due to increasing applications across various industries, technological advancements, and the growing need for non-destructive testing and real-time process monitoring. Emerging markets, particularly in the Asia-Pacific region, are expected to offer significant growth opportunities. Key trends such as miniaturization, portable devices, and cloud-based data integration are shaping the future of the NIR market, making it more accessible and versatile across industries.Global top 5 players of Near Infrared Spectrum Instruments occupied for 50% of the market, including Thermo Fisher, Bruker, PerkinElmer, Foss A/S, Agilent Technologies. Americas is the largest market of Near Infrared Spectrum Instruments, holding a share over 39%. Then Europe takes 30%. In terms of type, FT-NIR Analyzers shares over 67% of the market, while Dispersive NIR Analyzers shares 30% In terms of application, Food and Agriculture Industry shares the largest percent of nearly 35%.
Market Drivers, Challenges & Restraints -
This section outlines the various elements influencing the trajectory of the Near Infrared Spectrum Instruments market:
Key Growth Drivers -
- Supportive policy frameworks and regulatory reforms
- Advancement in product innovation and technological breakthroughs
- Growing demand in emerging application areas
- Shift in global supply chain structures
Restraints & Challenges -
- Regulatory uncertainties
- Competitive pricing pressures
- Operational risks
- Market-entry barriers
The report also highlights rising opportunities that companies can leverage to gain traction in high-growth segments.
Major Company Included: -
Thermo Fisher
Bruker
PerkinElmer
Foss A/S
Agilent Technologies
KPM Analytics
Buchi Labortechnik
Shimadzu
ABB
Jasco
Guided Wave
Yokogawa Electric
ZEUTEC
Market Segmentation -
The report presents a granular breakdown of the global Near Infrared Spectrum Instruments market, emphasizing CAGR, market share, future potential, and emerging trends across each segment.
By Type
FT-NIR Analyzers
Dispersive NIR Analyzers
Others (AOTF, Filter)
By Application
Polymer Industry
Food and Agriculture Industry
Pharmaceutical Industry
Oil and Gas
Other
This segmentation helps identify high-growth niches and valuable investment opportunities across product types and applications.
Regional Analysis -
The report offers a detailed geographic assessment covering four major regions and key contributing countries. Insights include consumption patterns, production levels, market share distribution, and long-term growth prospects.
North America
United States
Canada
Mexico
Latin America
Brazil
Other key regional markets
Asia-Pacific
China
Japan
India
South Korea
ASEAN Countries
Europe, Middle East & Africa (EMEA)
Germany
France
United Kingdom
GCC Countries
African Nations
The analysis spans from 2024 (base year) to 2031 (forecast period).
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Why This Report Is Essential -
✔ Complete Historical & Forecast Analysis (2020-2031)
✔ Detailed Segmentation by Type, Application & Region
✔ In-Depth Competitive Landscape & Company Profiling
✔ Drivers, Restraints & Market Dynamics Explained
✔ Expert Insights to Support Strategic Planning
Report Objectives -
✔ Measure the global Near Infrared Spectrum Instruments market size (value & volume).
✔ Accurately analyze market shares, consumption trends, and segment performance.
✔ Examine major market dynamics and industry-shaping forces.
✔ Identify and discuss key production, revenue, and sales trends.
✔ Profile top market players and evaluate their competitive strategies.
✔ Review manufacturing practices, pricing structures, and cost trends.
✔ Compare regional and national market performance across key geographies.
✔ Forecast segment-wise and region-wise growth opportunities through 2031.
Key Questions Answered in the Report -
✔ What is the size and estimated growth rate of the global and regional Near Infrared Spectrum Instruments market?
✔ Which countries are expected to display the strongest growth?
✔ Which region will dominate the market throughout the forecast period?
✔ What are the main factors driving or restraining market expansion?
✔ What technological advancements are shaping future demand?
✔ Where are the key opportunities for new entrants and established players?
✔ Which companies currently hold the highest market share?
✔ How will market dynamics evolve from 2025 to 2031?
Table of Contents - Major Key Points:
1 Market Overview
1.1 Near Infrared Spectrum Instruments Product Introduction
1.2 Global Near Infrared Spectrum Instruments Market Size Forecast
1.2.1 Global Near Infrared Spectrum Instruments Sales Value (2020-2031)
1.2.2 Global Near Infrared Spectrum Instruments Sales Volume (2020-2031)
1.2.3 Global Near Infrared Spectrum Instruments Sales Price (2020-2031)
1.3 Near Infrared Spectrum Instruments Market Trends & Drivers
1.3.1 Near Infrared Spectrum Instruments Industry Trends
1.3.2 Near Infrared Spectrum Instruments Market Drivers & Opportunity
1.3.3 Near Infrared Spectrum Instruments Market Challenges
1.3.4 Near Infrared Spectrum Instruments Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Near Infrared Spectrum Instruments Players Revenue Ranking (2024)
2.2 Global Near Infrared Spectrum Instruments Revenue by Company (2020-2025)
2.3 Global Near Infrared Spectrum Instruments Players Sales Volume Ranking (2024)
2.4 Global Near Infrared Spectrum Instruments Sales Volume by Company Players (2020-2025)
2.5 Global Near Infrared Spectrum Instruments Average Price by Company (2020-2025)
2.6 Key Manufacturers Near Infrared Spectrum Instruments Manufacturing Base and Headquarters
2.7 Key Manufacturers Near Infrared Spectrum Instruments Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Near Infrared Spectrum Instruments
2.9 Near Infrared Spectrum Instruments Market Competitive Analysis
2.9.1 Near Infrared Spectrum Instruments Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Near Infrared Spectrum Instruments Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Near Infrared Spectrum Instruments as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 FT-NIR Analyzers
3.1.2 Dispersive NIR Analyzers
3.1.3 Others (AOTF, Filter)
3.2 Global Near Infrared Spectrum Instruments Sales Value by Type
3.2.1 Global Near Infrared Spectrum Instruments Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Near Infrared Spectrum Instruments Sales Value, by Type (2020-2031)
3.2.3 Global Near Infrared Spectrum Instruments Sales Value, by Type (%) (2020-2031)
3.3 Global Near Infrared Spectrum Instruments Sales Volume by Type
3.3.1 Global Near Infrared Spectrum Instruments Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Near Infrared Spectrum Instruments Sales Volume, by Type (2020-2031)
3.3.3 Global Near Infrared Spectrum Instruments Sales Volume, by Type (%) (2020-2031)
3.4 Global Near Infrared Spectrum Instruments Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Polymer Industry
4.1.2 Food and Agriculture Industry
4.1.3 Pharmaceutical Industry
4.1.4 Oil and Gas
4.1.5 Other
4.2 Global Near Infrared Spectrum Instruments Sales Value by Application
4.2.1 Global Near Infrared Spectrum Instruments Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Near Infrared Spectrum Instruments Sales Value, by Application (2020-2031)
4.2.3 Global Near Infrared Spectrum Instruments Sales Value, by Application (%) (2020-2031)
4.3 Global Near Infrared Spectrum Instruments Sales Volume by Application
4.3.1 Global Near Infrared Spectrum Instruments Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Near Infrared Spectrum Instruments Sales Volume, by Application (2020-2031)
4.3.3 Global Near Infrared Spectrum Instruments Sales Volume, by Application (%) (2020-2031)
4.4 Global Near Infrared Spectrum Instruments Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Near Infrared Spectrum Instruments Sales Value by Region
5.1.1 Global Near Infrared Spectrum Instruments Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Near Infrared Spectrum Instruments Sales Value by Region (2020-2025)
5.1.3 Global Near Infrared Spectrum Instruments Sales Value by Region (2026-2031)
5.1.4 Global Near Infrared Spectrum Instruments Sales Value by Region (%), (2020-2031)
5.2 Global Near Infrared Spectrum Instruments Sales Volume by Region
5.2.1 Global Near Infrared Spectrum Instruments Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Near Infrared Spectrum Instruments Sales Volume by Region (2020-2025)
5.2.3 Global Near Infrared Spectrum Instruments Sales Volume by Region (2026-2031)
5.2.4 Global Near Infrared Spectrum Instruments Sales Volume by Region (%), (2020-2031)
5.3 Global Near Infrared Spectrum Instruments Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Near Infrared Spectrum Instruments Sales Value, 2020-2031
5.4.2 North America Near Infrared Spectrum Instruments Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Near Infrared Spectrum Instruments Sales Value, 2020-2031
5.5.2 Europe Near Infrared Spectrum Instruments Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Near Infrared Spectrum Instruments Sales Value, 2020-2031
5.6.2 Asia Pacific Near Infrared Spectrum Instruments Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Near Infrared Spectrum Instruments Sales Value, 2020-2031
5.7.2 South America Near Infrared Spectrum Instruments Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Near Infrared Spectrum Instruments Sales Value, 2020-2031
5.8.2 Middle East & Africa Near Infrared Spectrum Instruments Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Near Infrared Spectrum Instruments Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Near Infrared Spectrum Instruments Sales Value and Sales Volume
6.2.1 Key Countries/Regions Near Infrared Spectrum Instruments Sales Value, 2020-2031
6.2.2 Key Countries/Regions Near Infrared Spectrum Instruments Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Near Infrared Spectrum Instruments Sales Value, 2020-2031
6.3.2 United States Near Infrared Spectrum Instruments Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Near Infrared Spectrum Instruments Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Near Infrared Spectrum Instruments Sales Value, 2020-2031
6.4.2 Europe Near Infrared Spectrum Instruments Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Near Infrared Spectrum Instruments Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Near Infrared Spectrum Instruments Sales Value, 2020-2031
6.5.2 China Near Infrared Spectrum Instruments Sales Value by Type (%), 2024 VS 2031
6.5.3 China Near Infrared Spectrum Instruments Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Near Infrared Spectrum Instruments Sales Value, 2020-2031
6.6.2 Japan Near Infrared Spectrum Instruments Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Near Infrared Spectrum Instruments Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Near Infrared Spectrum Instruments Sales Value, 2020-2031
6.7.2 South Korea Near Infrared Spectrum Instruments Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Near Infrared Spectrum Instruments Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Near Infrared Spectrum Instruments Sales Value, 2020-2031
6.8.2 Southeast Asia Near Infrared Spectrum Instruments Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Near Infrared Spectrum Instruments Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Near Infrared Spectrum Instruments Sales Value, 2020-2031
6.9.2 India Near Infrared Spectrum Instruments Sales Value by Type (%), 2024 VS 2031
6.9.3 India Near Infrared Spectrum Instruments Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Thermo Fisher
7.1.1 Thermo Fisher Company Information
7.1.2 Thermo Fisher Introduction and Business Overview
7.1.3 Thermo Fisher Near Infrared Spectrum Instruments Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Thermo Fisher Near Infrared Spectrum Instruments Product Offerings
7.1.5 Thermo Fisher Recent Development
7.2 Bruker
7.2.1 Bruker Company Information
7.2.2 Bruker Introduction and Business Overview
7.2.3 Bruker Near Infrared Spectrum Instruments Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Bruker Near Infrared Spectrum Instruments Product Offerings
7.2.5 Bruker Recent Development
7.3 PerkinElmer
7.3.1 PerkinElmer Company Information
7.3.2 PerkinElmer Introduction and Business Overview
7.3.3 PerkinElmer Near Infrared Spectrum Instruments Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 PerkinElmer Near Infrared Spectrum Instruments Product Offerings
7.3.5 PerkinElmer Recent Development
7.4 Foss A/S
7.4.1 Foss A/S Company Information
7.4.2 Foss A/S Introduction and Business Overview
7.4.3 Foss A/S Near Infrared Spectrum Instruments Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Foss A/S Near Infrared Spectrum Instruments Product Offerings
7.4.5 Foss A/S Recent Development
7.5 Agilent Technologies
7.5.1 Agilent Technologies Company Information
7.5.2 Agilent Technologies Introduction and Business Overview
7.5.3 Agilent Technologies Near Infrared Spectrum Instruments Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Agilent Technologies Near Infrared Spectrum Instruments Product Offerings
7.5.5 Agilent Technologies Recent Development
7.6 KPM Analytics
7.6.1 KPM Analytics Company Information
7.6.2 KPM Analytics Introduction and Business Overview
7.6.3 KPM Analytics Near Infrared Spectrum Instruments Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 KPM Analytics Near Infrared Spectrum Instruments Product Offerings
7.6.5 KPM Analytics Recent Development
7.7 Buchi Labortechnik
7.7.1 Buchi Labortechnik Company Information
7.7.2 Buchi Labortechnik Introduction and Business Overview
7.7.3 Buchi Labortechnik Near Infrared Spectrum Instruments Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Buchi Labortechnik Near Infrared Spectrum Instruments Product Offerings
7.7.5 Buchi Labortechnik Recent Development
7.8 Shimadzu
7.8.1 Shimadzu Company Information
7.8.2 Shimadzu Introduction and Business Overview
7.8.3 Shimadzu Near Infrared Spectrum Instruments Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Shimadzu Near Infrared Spectrum Instruments Product Offerings
7.8.5 Shimadzu Recent Development
7.9 ABB
7.9.1 ABB Company Information
7.9.2 ABB Introduction and Business Overview
7.9.3 ABB Near Infrared Spectrum Instruments Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 ABB Near Infrared Spectrum Instruments Product Offerings
7.9.5 ABB Recent Development
7.10 Jasco
7.10.1 Jasco Company Information
7.10.2 Jasco Introduction and Business Overview
7.10.3 Jasco Near Infrared Spectrum Instruments Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Jasco Near Infrared Spectrum Instruments Product Offerings
7.10.5 Jasco Recent Development
7.11 Guided Wave
7.11.1 Guided Wave Company Information
7.11.2 Guided Wave Introduction and Business Overview
7.11.3 Guided Wave Near Infrared Spectrum Instruments Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Guided Wave Near Infrared Spectrum Instruments Product Offerings
7.11.5 Guided Wave Recent Development
7.12 Yokogawa Electric
7.12.1 Yokogawa Electric Company Information
7.12.2 Yokogawa Electric Introduction and Business Overview
7.12.3 Yokogawa Electric Near Infrared Spectrum Instruments Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Yokogawa Electric Near Infrared Spectrum Instruments Product Offerings
7.12.5 Yokogawa Electric Recent Development
7.13 ZEUTEC
7.13.1 ZEUTEC Company Information
7.13.2 ZEUTEC Introduction and Business Overview
7.13.3 ZEUTEC Near Infrared Spectrum Instruments Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 ZEUTEC Near Infrared Spectrum Instruments Product Offerings
7.13.5 ZEUTEC Recent Development
8 Industry Chain Analysis
8.1 Near Infrared Spectrum Instruments Industrial Chain
8.2 Near Infrared Spectrum Instruments Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Near Infrared Spectrum Instruments Sales Model
8.5.2 Sales Channel
8.5.3 Near Infrared Spectrum Instruments Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
About Us:
QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.
Contact Us:
Arshad Shaha | Marketing Executive
QY Research, INC.
315 Work Avenue, Raheja Woods,
Survey No. 222/1, Plot No. 25, 6th Floor,
Kayani Nagar, Yervada, Pune 411006, Maharashtra
Tel: +91-8669986909
Emails - arshad@qyrindia.com
Web - https://www.qyresearch.in
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