Mobile And Portable Spectrometers Market Scope
A spectrometer is a device that is used to research the interactions between light and matter, as well as to measure the intensity and wavelength of radiation. A spectrometer is a device that measures an object's temperature, direction, speed, weight, and material in space. These adaptable equipment offer analytic capabilities similar to benchtop models and many additional applications, allowing researchers to analyze samples in the field, identify raw materials, and conduct a forensic investigation. Optical spectrometers, mass spectrometers, fluorescence spectrometers, high-resolution spectrometers, and others are examples of Mobile & Portable Spectrometers. The light source, on-board GPS, voice audio recorder for expanded sample descriptions, hands-free optimization and calibration, lightweight rechargeable lithium-ion batteries, automated internal wavelength validation, integrated computer and LCD display with easy push-button navigation, and many more features are available with the mobile & portable spectrometer. Because of its low cost and portability, the demand for a portable spectrometer is increasing. One of the primary highlights in spectroscopy is technological advancements, such as the smartphone spectrometer. A smartphone spectrometer makes spectral data measurement and recording simple. As a result of these factors, the global portable spectrometers market is growing.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Agilent Technologies (United States), TrinamiX GmbH (Germany), Hitachi (Japan), ABB (Switzerland), Bruker Corporation (United States), X-Rite (United States), Konica Minolta (Japan), Andor Technology Ltd (United Kingdom), Shimadzu (Japan), Bibby Scientific (United Kingdom) and PerkinElmer (United Kingdom) |
CAGR | 9.1% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that Global Players will contribute to the maximum growth of Global Mobile And Portable Spectrometers market throughout the predicted period.
Agilent Technologies (United States), TrinamiX GmbH (Germany), Hitachi (Japan), ABB (Switzerland), Bruker Corporation (United States), X-Rite (United States), Konica Minolta (Japan), Andor Technology Ltd (United Kingdom), Shimadzu (Japan), Bibby Scientific (United Kingdom) and PerkinElmer (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Datacolor (Switzerland).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Mobile And Portable Spectrometers market by Type , by Application (Environmental Testing, Forensics, Nanotechnology and Drug Discovery) and Region with country level break-up.
On the basis of geography, the market of Mobile And Portable Spectrometers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
April 2020 – Agilent Technologies Inc. has announced the launch of the newest instrument in its Raman technology portfolio. The new Agilent Vaya Raman raw material identity verification system is a handheld instrument that accelerates quality control testing in the pharmaceutical and biopharmaceutical industries.
July 2020 – Trinamix GmbH announced the development of its new application for mobile Near-Infrared (NIR) Spectroscopy Solutions which is related to plastic sorting and recycling. NIR spectroscopy is a proven technology and used in the portable format of the spectrometer and sophisticated data analysis.
Influencing Trend:
Handheld Laser-Induced Breakdown Spectroscopy (LIBS)
Market Growth Drivers:
Portable Spectrometer Is on the Rise Due to Its Low Cost and Portability and Factors Such as Compactness and Portability, Fast and Accurate, Cable Free, and Others Increase the Demand for Portable Spectrometer
Challenges:
The Portable Spectrometers are Not Feasible for Color Measurement Application and Portable Spectrometers are not Significantly Visible in Front of High-Performance Laboratory Mass Spectrometers
Restraints:
Low Display Resolution
Opportunities:
Technological Advancement and Increased Demand in Geological, Ecological, or Environmental Studies
Key Target Audience
Manufacturers of Mobile and Portable Spectrometers, Suppliers of Mobile and Portable Spectrometers, Technology Providers, Software Providers, End Users and Governmental Bodies