The global Near-infrared Spectroscopy market size was US$ 538 million in 2024 and is forecast to a readjusted size of US$ 647 million by 2031 with a CAGR of 2.7% during the forecast period 2025-2031.
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.
Thermo Fisher, Bruker, PerkinElmer, FOSS A/S and Buchi Labortechnik are the leading manufacturers of Near-infrared Spectroscopy, the top 3 accounting for about 35% of the market share.
North America is the largest market, holding about 35% of the market. Europe is next with about 30%.
The global Near-infrared Spectroscopy market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
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 Type: (Dominant Segment vs High-Margin Innovation)
FT-NIR
UV-Vis-NIR
By Application: (Core Demand Driver vs Emerging Opportunity)
Polymer Industry
Food and Agriculture Industry
Pharmaceutical Industry
Oil and Gas
Others
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., Thermo Fisher in Europe)
- Emerging Product Trends: FT-NIR adoption vs. UV-Vis-NIR premiumization
- Demand-Side Dynamics: Polymer Industry growth in China vs. Food and Agriculture Industry potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
Japan
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Near-infrared Spectroscopy market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., UV-Vis-NIR in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Food and Agriculture Industry in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Near-infrared Spectroscopy value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Market Overview
1.1 Near-infrared Spectroscopy Product Scope
1.2 Near-infrared Spectroscopy by Type
1.2.1 Global Near-infrared Spectroscopy Sales by Type (2020 & 2024 & 2031)
1.2.2 FT-NIR
1.2.3 UV-Vis-NIR
1.3 Near-infrared Spectroscopy by Application
1.3.1 Global Near-infrared Spectroscopy Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Polymer Industry
1.3.3 Food and Agriculture Industry
1.3.4 Pharmaceutical Industry
1.3.5 Oil and Gas
1.3.6 Others
1.4 Global Near-infrared Spectroscopy Market Estimates and Forecasts (2020-2031)
1.4.1 Global Near-infrared Spectroscopy Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Near-infrared Spectroscopy Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Near-infrared Spectroscopy Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Near-infrared Spectroscopy Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Near-infrared Spectroscopy Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Near-infrared Spectroscopy Sales Market Share by Region (2020-2025)
2.2.2 Global Near-infrared Spectroscopy Revenue Market Share by Region (2020-2025)
2.3 Global Near-infrared Spectroscopy Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Near-infrared Spectroscopy Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Near-infrared Spectroscopy Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America Near-infrared Spectroscopy Market Size and Prospective (2020-2031)
2.4.2 Europe Near-infrared Spectroscopy Market Size and Prospective (2020-2031)
2.4.3 China Near-infrared Spectroscopy Market Size and Prospective (2020-2031)
2.4.4 Japan Near-infrared Spectroscopy Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Near-infrared Spectroscopy Historic Market Review by Type (2020-2025)
3.1.1 Global Near-infrared Spectroscopy Sales by Type (2020-2025)
3.1.2 Global Near-infrared Spectroscopy Revenue by Type (2020-2025)
3.1.3 Global Near-infrared Spectroscopy Price by Type (2020-2025)
3.2 Global Near-infrared Spectroscopy Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Near-infrared Spectroscopy Sales Forecast by Type (2026-2031)
3.2.2 Global Near-infrared Spectroscopy Revenue Forecast by Type (2026-2031)
3.2.3 Global Near-infrared Spectroscopy Price Forecast by Type (2026-2031)
3.3 Different Types Near-infrared Spectroscopy Representative Players
4 Global Market Size by Application
4.1 Global Near-infrared Spectroscopy Historic Market Review by Application (2020-2025)
4.1.1 Global Near-infrared Spectroscopy Sales by Application (2020-2025)
4.1.2 Global Near-infrared Spectroscopy Revenue by Application (2020-2025)
4.1.3 Global Near-infrared Spectroscopy Price by Application (2020-2025)
4.2 Global Near-infrared Spectroscopy Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Near-infrared Spectroscopy Sales Forecast by Application (2026-2031)
4.2.2 Global Near-infrared Spectroscopy Revenue Forecast by Application (2026-2031)
4.2.3 Global Near-infrared Spectroscopy Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Near-infrared Spectroscopy Application
5 Competition Landscape by Players
5.1 Global Near-infrared Spectroscopy Sales by Players (2020-2025)
5.2 Global Top Near-infrared Spectroscopy Players by Revenue (2020-2025)
5.3 Global Near-infrared Spectroscopy Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Near-infrared Spectroscopy as of 2024)
5.4 Global Near-infrared Spectroscopy Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Near-infrared Spectroscopy, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Near-infrared Spectroscopy, Product Type & Application
5.7 Global Key Manufacturers of Near-infrared Spectroscopy, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Near-infrared Spectroscopy Sales by Company
6.1.1.1 North America Near-infrared Spectroscopy Sales by Company (2020-2025)
6.1.1.2 North America Near-infrared Spectroscopy Revenue by Company (2020-2025)
6.1.2 North America Near-infrared Spectroscopy Sales Breakdown by Type (2020-2025)
6.1.3 North America Near-infrared Spectroscopy Sales Breakdown by Application (2020-2025)
6.1.4 North America Near-infrared Spectroscopy Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Near-infrared Spectroscopy Sales by Company
6.2.1.1 Europe Near-infrared Spectroscopy Sales by Company (2020-2025)
6.2.1.2 Europe Near-infrared Spectroscopy Revenue by Company (2020-2025)
6.2.2 Europe Near-infrared Spectroscopy Sales Breakdown by Type (2020-2025)
6.2.3 Europe Near-infrared Spectroscopy Sales Breakdown by Application (2020-2025)
6.2.4 Europe Near-infrared Spectroscopy Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Near-infrared Spectroscopy Sales by Company
6.3.1.1 China Near-infrared Spectroscopy Sales by Company (2020-2025)
6.3.1.2 China Near-infrared Spectroscopy Revenue by Company (2020-2025)
6.3.2 China Near-infrared Spectroscopy Sales Breakdown by Type (2020-2025)
6.3.3 China Near-infrared Spectroscopy Sales Breakdown by Application (2020-2025)
6.3.4 China Near-infrared Spectroscopy Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Near-infrared Spectroscopy Sales by Company
6.4.1.1 Japan Near-infrared Spectroscopy Sales by Company (2020-2025)
6.4.1.2 Japan Near-infrared Spectroscopy Revenue by Company (2020-2025)
6.4.2 Japan Near-infrared Spectroscopy Sales Breakdown by Type (2020-2025)
6.4.3 Japan Near-infrared Spectroscopy Sales Breakdown by Application (2020-2025)
6.4.4 Japan Near-infrared Spectroscopy Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Thermo Fisher
7.1.1 Thermo Fisher Company Information
7.1.2 Thermo Fisher Business Overview
7.1.3 Thermo Fisher Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Thermo Fisher Near-infrared Spectroscopy Products Offered
7.1.5 Thermo Fisher Recent Development
7.2 Foss A/S
7.2.1 Foss A/S Company Information
7.2.2 Foss A/S Business Overview
7.2.3 Foss A/S Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Foss A/S Near-infrared Spectroscopy Products Offered
7.2.5 Foss A/S Recent Development
7.3 Bruker
7.3.1 Bruker Company Information
7.3.2 Bruker Business Overview
7.3.3 Bruker Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Bruker Near-infrared Spectroscopy Products Offered
7.3.5 Bruker Recent Development
7.4 PerkinElmer
7.4.1 PerkinElmer Company Information
7.4.2 PerkinElmer Business Overview
7.4.3 PerkinElmer Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.4.4 PerkinElmer Near-infrared Spectroscopy Products Offered
7.4.5 PerkinElmer Recent Development
7.5 Buchi Labortechnik
7.5.1 Buchi Labortechnik Company Information
7.5.2 Buchi Labortechnik Business Overview
7.5.3 Buchi Labortechnik Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Buchi Labortechnik Near-infrared Spectroscopy Products Offered
7.5.5 Buchi Labortechnik Recent Development
7.6 Unity Scientific (KPM Analytics)
7.6.1 Unity Scientific (KPM Analytics) Company Information
7.6.2 Unity Scientific (KPM Analytics) Business Overview
7.6.3 Unity Scientific (KPM Analytics) Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Unity Scientific (KPM Analytics) Near-infrared Spectroscopy Products Offered
7.6.5 Unity Scientific (KPM Analytics) Recent Development
7.7 ABB
7.7.1 ABB Company Information
7.7.2 ABB Business Overview
7.7.3 ABB Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.7.4 ABB Near-infrared Spectroscopy Products Offered
7.7.5 ABB Recent Development
7.8 Agilent Technologies
7.8.1 Agilent Technologies Company Information
7.8.2 Agilent Technologies Business Overview
7.8.3 Agilent Technologies Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Agilent Technologies Near-infrared Spectroscopy Products Offered
7.8.5 Agilent Technologies Recent Development
7.9 Shimadzu
7.9.1 Shimadzu Company Information
7.9.2 Shimadzu Business Overview
7.9.3 Shimadzu Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.9.4 Shimadzu Near-infrared Spectroscopy Products Offered
7.9.5 Shimadzu Recent Development
7.10 Guided Wave (Advanced Group)
7.10.1 Guided Wave (Advanced Group) Company Information
7.10.2 Guided Wave (Advanced Group) Business Overview
7.10.3 Guided Wave (Advanced Group) Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Guided Wave (Advanced Group) Near-infrared Spectroscopy Products Offered
7.10.5 Guided Wave (Advanced Group) Recent Development
7.11 Jasco
7.11.1 Jasco Company Information
7.11.2 Jasco Business Overview
7.11.3 Jasco Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.11.4 Jasco Near-infrared Spectroscopy Products Offered
7.11.5 Jasco Recent Development
7.12 ZEUTEC
7.12.1 ZEUTEC Company Information
7.12.2 ZEUTEC Business Overview
7.12.3 ZEUTEC Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.12.4 ZEUTEC Near-infrared Spectroscopy Products Offered
7.12.5 ZEUTEC Recent Development
7.13 Sartorius
7.13.1 Sartorius Company Information
7.13.2 Sartorius Business Overview
7.13.3 Sartorius Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.13.4 Sartorius Near-infrared Spectroscopy Products Offered
7.13.5 Sartorius Recent Development
7.14 Yokogawa Electric
7.14.1 Yokogawa Electric Company Information
7.14.2 Yokogawa Electric Business Overview
7.14.3 Yokogawa Electric Near-infrared Spectroscopy Sales, Revenue and Gross Margin (2020-2025)
7.14.4 Yokogawa Electric Near-infrared Spectroscopy Products Offered
7.14.5 Yokogawa Electric Recent Development
8 Near-infrared Spectroscopy Manufacturing Cost Analysis
8.1 Near-infrared Spectroscopy Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Near-infrared Spectroscopy
8.4 Near-infrared Spectroscopy Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Near-infrared Spectroscopy Distributors List
9.3 Near-infrared Spectroscopy Customers
10 Near-infrared Spectroscopy Market Dynamics
10.1 Near-infrared Spectroscopy Industry Trends
10.2 Near-infrared Spectroscopy Market Drivers
10.3 Near-infrared Spectroscopy Market Challenges
10.4 Near-infrared Spectroscopy Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
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
Ìý
Ìý
*If Applicable.