Los Angeles, CA -- (SBWIRE) -- 05/07/2019 -- Near-infrared (NIR) Analyzer is a widely used analysis technique for identifcation of raw materials and quantifcation of substances in research and industrial applications.
Near Infrared (NIR) Analyzer is spectroscopic equipment using the near-infrared region of the electromagnetic spectrum (from about 700 nm to 2500 nm, and typical applications include medical and physiological diagnostics and research including blood sugar, pulse oximetry, functional neuroimaging, sports medicine, elite sports training, ergonomics, rehabilitation, neonatal research, brain computer interface, urology (bladder contraction), and neurology (neurovascular coupling). There are also applications in other areas as well such as pharmaceutical, food and agrochemical quality control, atmospheric chemistry, and combustion research.
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Near Infrared (NIR) Analyzers is a technology-intensive industry. There are less than twenty manufacturers in this industry. The sales revenue share of Thermo Fisher is about 17.17% in 2016, which is the No.1 of the global near-infrared spectroscopy industry. The other competitors include Foss A/S (13.73%), Bruker (10.45%), PerkinElmer (9.18%), Buchi Labortechnik, Unity Scientific (KPM Analytics), Shimadzu, Jasco, Agilent Technologies, Yokogawa Electric, Sartorius, and ZEUTEC etc. The competition status wouldn't be change in the short term. The growth of near-infrared spectroscopy industry depends on the acceptance of enterprise.
The global Near Infrared (NIR) Analyzers industry has reached a sales volume of approximately 5638 Unit in 2016. The global near-infrared analyzers industry has reached the value of approximately 438 million USD in 2016. The growth of the near-infrared analyzers technology market is also driven by factors, such as an increasing adoption in Food and agriculture industry and Pharmaceutical industry. However, factors such as high investment and installation cost are hindering the growth of this market.
In the coming years, near-infrared analyzers market is expected to witness the highest growth rate in the Asia-Pacific region. Companies must be aware of their competitive surroundings within their market. Being aware of competitor's strategy can prevent a lag in reaction to a change within this market. This especially true in the near-infrared analyzers Industry because of its high growth in the Asian Market. It is important for European and North American manufactures to monitor the Asian Market closely and follow any new technologies they may develop or else they may find themselves not able to produce at the speed and with the quality needed. Although near-infrared analyzers brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The global Near-infrared Spectroscopy (Near Infrared (NIR) Analyzers) market was 460 million US$ in 2018 and is expected to 560 million US$ by the end of 2025, growing at a CAGR of 2.7% between 2019 and 2025.
This report studies the Near-infrared Spectroscopy (Near Infrared (NIR) Analyzers) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
Thermo Fisher
Foss A/S
Bruker
PerkinElmer
Buchi Labortechnik
Unity Scientific (KPM Analytics)
ABB
Agilent Technologies
Shimadzu
Guided Wave (Advanced Group)
Jasco
ZEUTEC
Sartorius
Yokogawa Electric
By the product type, the market is primarily split into:
FT - NIR(Interferometer)
Others(AOTF,Filter)
By the end users/application, this report covers the following segments:
Polymer Industry
Food and Agriculture Industry
Pharmaceutical Industry
Oil and Gas
Others
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