Portable Spectrophotometer Market, By Type (Tungsten Lamp, and Hydrogen Lamp), By Application (Medical Institution, Scientific Research, Laboratory, Biological Detection, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032

Report Code: PMI259819 | Publish Date: December 2023 | No. of Pages: 178

Global Portable Spectrophotometer Market By Overview

Portable Spectrophotometer is a device which helps operator to traceably and repeatedly measure the color of material or product in a consistent way. It has become an important tool for capturing color data on various surfaces in lab, on printing press, on loading dock and others.

Global Portable Spectrophotometer Market By Dynamics

Drivers

Restrains

Growing applications in material chemistry, life sciences, agriculture, food & beverage, forensics, environmental testing, drug development, and others

Limited number of wavelengths restricting test and samples performed by the machine

Technological advancement in spectrometers

More expensive

Presence of major players and growing strategic acquisitions among players

 

Global Portable Spectrophotometer Market By Segmentation

Portable Spectrophotometer Market Segmentation:

The target market is segmented based on Type, Application, and Region.

Type Insight

On the basis of Type, the target market is segmented into Tungsten Lamp, and Hydrogen Lamp.

Application Insight

On the basis of Application, the target market is segmented into Medical Institution, Scientific Research, Laboratory, Biological Detection, and Others.

Regional Insights:

On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market is estimated to witness a significantly high revenue share over the forecast period.

  • Continuous technological development.
  • Presence of major players and new launched product
  • Increased investment by government in research & development activities in pharmaceutical & biomedical industries.
  • Stringent government regulations in production of pharmaceuticals.

Asia Pacific market is estimated to witness a fastest revenue share over the forecast period.

  • Improved healthcare infrastructure.
  • Adoption of innovative technology.
  • Growing investment in research & development activities.

Recent Development:

             The New Launched Product News,

  • In July 2023, Bruker Optics launched new portable “MOBILE-IR II” spectrometer. The new battery-powered Fourier Transform Infrared (FT-IR) spectrometer helps in delivering the high spectral performance of laboratory benchtop system and also enable the users across globe to bring advanced FT-IR applications to the field.
  • In May 2021, Nix Sensor Ltd., launched world’s first durable & portable 31 channel spectrophotometer. The new launched product is fully-featured and thus, revolutionize the paints & coatings industries.
  • In February 2019, Konica Minolta Inc., launched new “CM-26dG” series of portable spectrophotometers. The new launched product is designed for high-precision color measurement, where CM-26Dg, CM-25d, CM-26d, are new models which are introduced as successors to CM-2500d and CM-2600d used by customers in IT and automobile industries.
  • In May 2015, Datacolor launched new “CHECK3” portable spectrophotometer. The new launched product is redesigned for quality control and formulation needs of color professionals in coatings, paints, textile and plastic industries.

Report Scope:

Attribute

Details

Base year for estimation

2022

Forecast period

2022 – 2032

Market representation

Revenue in USD Billion & CAGR from 2022 to 2032

Market Segmentation

By Type - Tungsten Lamp, and Hydrogen Lamp

By Application - Medical Institution, Scientific Research, Laboratory, Biological Detection, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032.

Few Other Promising Reports:

Photonic Integrated Circuit Market

Global Portable Spectrophotometer Market By Key Players

The key players operating the target market includes, Thermo Fisher Scientific, Spectro, Skyray Instrument, Ocean optics, OTO Photonics, Everfine, Agilent Technologies, Avanats, B&W Tek, Focused Photonics Inc (FPI), and Others.

Global Portable Spectrophotometer Market By Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Portable Spectrophotometer Market, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Tungsten Lamb
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Hydrogen Lamp
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Portable Spectrophotometer Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Medical institution
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Scientific Research
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • laboratory
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Biological detection
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Other
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Portable Spectrophotometer Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Thermos Scientific
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Spectro
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Skyray Instrument
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ocean optics
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • OTO Photonics
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Everfine
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Agilent Technologies
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Avanats
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • B&W Tek
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Focused Photonics Inc (FPI) Rainbow Light
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The growing integration of portable spectrometer with smartphones and advancement in technology is expected to boost the demand for market growth.

By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the target market includes, Thermo Fisher Scientific, Spectro, Skyray Instrument, Ocean optics, OTO Photonics, Everfine, Agilent Technologies, Avanats, B&W Tek, Focused Photonics Inc (FPI), and Others.