Global Mobile and Portable Spectrometers Market Overview
Mobile and Portable Spectrometers Market Size was estimated at 1.8 (USD Billion) in 2022. The Mobile and Portable Spectrometers Market Industry is expected to grow from 2.4 (USD Billion) in 2023 to 5.8 (USD Billion) by 2032. The Mobile and Portable Spectrometers Market CAGR (growth rate) is expected to be around 10.3% during the forecast period (2024 - 2032).
Key Mobile and Portable Spectrometers Market Trends Highlighted
The upswing of mobile and portable spectrometers is mainly driven by four factors: the demand for on-site analysis, the need for speedy data capturing, and accurate data collection. The first one is the rising focus on food safety and quality control. Moreover, spectroscopic techniques are nowadays being adopted in environmental monitoring. Some of the opportunities that can be ventured into include creating new application areas, using artificial intelligence (AI), integrating IoT technologies, and increasing growth potential in emerging markets. With regard to recent trends in this market, there has been an ongoing process that has seen a reduction in the size of spectrometers, the development of hand-held/portable devices and the increasing popularity of NIR and Raman spectroscopy. These developments will continue to be the drivers of market expansion over the years to come.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Mobile and Portable Spectrometers Market Drivers
Growing Demand for Non-destructive Testing
The non-destructive testing (NDT) industry is growing rapidly as businesses look for ways to inspect materials and components without damaging them. Mobile and portable spectrometers are well-suited for NDT applications, as they can be used to quickly and accurately identify the chemical composition of materials. This information can help manufacturers to identify defects, ensure product quality, and prevent failures. The growing demand for NDT services is expected to drive the growth of the Mobile and Portable Spectrometers Market in the coming years. In addition to NDT, mobile and portable spectrometers are also used in a variety of other applications, including environmental monitoring, food safety, and medical diagnostics. The versatility of these devices makes them a valuable tool for a wide range of industries. As the demand for these applications continues to grow, the Mobile and Portable Spectrometers Market is expected to experience continued growth in the years to come. The Global Mobile and Portable Spectrometers Market Industry is expected to grow from USD 0.91 Billion in 2023 to USD 2.3 Billion by 2032, at a CAGR of 10.89% during the forecast period. The growth of the market is attributed to the increasing demand for non-destructive testing (NDT) services, the growing adoption of mobile and portable spectrometers in various industries, and the rising awareness about the benefits of these devices.
Advancements in Technology
Technological advancements are another key driver of the growth of the Mobile and Portable Spectrometers Market. The development of new technologies, such as miniaturization and low-power electronics, has made it possible to create smaller, lighter, and more affordable spectrometers. This has made these devices more accessible to a wider range of users, including those in remote or resource-constrained areas. In addition, the development of new software and algorithms has made it easier to use mobile and portable spectrometers. These advances have made it possible for users with minimal training to operate these devices and obtain accurate results. As technology continues to advance, the Mobile and Portable Spectrometers Market is expected to continue to grow.
Government Regulations
Government regulations also play a role in the growth of the mobile and portable spectrometers market. In many countries, there are regulations that require businesses to use NDT methods to ensure the safety of their products. This has led to an increased demand for mobile and portable spectrometers, as these devices can be used to quickly and accurately identify defects. In addition, government regulations are also driving the growth of the market for mobile and portable spectrometers used in environmental monitoring and food safety applications.
Mobile and Portable Spectrometers Market Segment Insights:
Mobile and Portable Spectrometers Market Technology Insights
The Global Mobile and Portable Spectrometers Market is segmented by Technology into Raman Spectroscopy, Near-Infrared (NIR) Spectroscopy, Atomic Absorption Spectroscopy, Ultraviolet-Visible (UV-Vis) Spectroscopy, and Fluorescence Spectroscopy. Among these, Raman Spectroscopy is anticipated to lead the market by garnering a revenue share of about 40% by 2027. The Global Mobile and Portable Spectrometers Market data suggests that the increasing usage of Raman Spectroscopy in various sectors such as pharmaceutical, food and beverage, and environmental monitoring is propelling the segment's growth. The ability of Raman Spectroscopy to provide detailed molecular information and non-destructive analysis contributes to its popularity. Near-Infrared (NIR) Spectroscopy is another significant segment in the Global Mobile and Portable Spectrometers Market, projected to exhibit a CAGR of 9.5% during the forecast period. The rapid adoption of NIR Spectroscopy in the agricultural industry for quality control and in the medical field for non-invasive tissue analysis drives the segment's expansion. Atomic Absorption Spectroscopy holds a substantial share in the market owing to its ability to determine the elemental composition of materials. It plays a crucial role in environmental monitoring, food safety, and forensic science. The segment is expected to maintain a steady growth trajectory in the coming years. Ultraviolet-Visible (UV-Vis) Spectroscopy is widely used in various industries, including pharmaceuticals, chemicals, and environmental monitoring. Its ability to analyze the absorption and transmission of light in the ultraviolet and visible regions of the electromagnetic spectrum contributes to its market growth. Fluorescence Spectroscopy is witnessing increasing adoption in the life sciences and biomedical research domains. Its applications in protein analysis, DNA sequencing, and drug discovery are fueling the segment's expansion. The segment is anticipated to register a significant CAGR during the forecast period.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Mobile and Portable Spectrometers Market Sample Type Insights
The sample type segment of the Global Mobile and Portable Spectrometers Market is categorized into Biological Samples, Chemical Samples, Environmental Samples, Pharmaceutical Samples, and Food Samples. Biological Samples accounted for the largest market share in 2023, owing to the increasing demand for rapid and accurate analysis of biological samples in various applications, such as clinical diagnostics, genomics, and proteomics. The growing prevalence of chronic diseases and the rising adoption of personalized medicine are expected to drive the growth of this segment in the coming years. Chemical Samples are another significant segment, driven by the need for real-time monitoring and analysis of chemical compounds in various industries, including manufacturing, pharmaceuticals, and environmental monitoring. Environmental samples are also expected to witness steady growth due to increasing concerns over environmental pollution and the need to monitor air, water, and soil quality. Pharmaceutical Samples and Food Samples are other important segments, supported by the need for quality control and safety testing in the pharmaceutical and food industries. Overall, the Sample Type segment offers significant growth opportunities for the Global Mobile and Portable Spectrometers Market, with each segment contributing to the overall market growth and catering to specific application needs.
Mobile and Portable Spectrometers Market Portability Insights
The portability segment of the Global Mobile and Portable Spectrometers Market is segmented into handheld, portable, and benchtop spectrometers. Handheld spectrometers are the most compact and portable option, making them ideal for field applications. Portable spectrometers are larger than handheld spectrometers but still relatively portable, making them suitable for both field and laboratory use. Benchtop spectrometers are the largest and least portable option, but they offer the highest level of performance and accuracy. In 2023, the handheld segment will be the largest segment, accounting for over 50% of the Global Mobile and Portable Spectrometers Market revenue. The handheld segment is expected to continue to grow at a CAGR of over 10% from 2024 to 2032. The portable segment is the second largest segment, accounting for over 30% of the market revenue. The portable segment is expected to grow at a CAGR of over 9% from 2024 to 2032. The benchtop segment is the smallest segment, accounting for less than 20% of the market revenue. The benchtop segment is expected to grow at a CAGR of over 8% from 2024 to 2032. The growth of the Global Mobile and Portable Spectrometers Market is being driven by a number of factors, including the increasing demand for portable and handheld devices, the growing use of spectrometers in a variety of applications, and the development of new technologies that are making spectrometers more affordable and easier to use.
Mobile and Portable Spectrometers Market Applications Insights
The applications segment of the Global Mobile and Portable Spectrometers Market is diverse, with various applications driving market growth. Material Identification accounted for the largest revenue share in 2023 and is expected to maintain its dominance throughout the forecast period. The growing demand for rapid and accurate material identification in industries such as manufacturing, mining, and pharmaceuticals is fueling segment growth. Quality Control applications are also gaining traction as manufacturers seek to ensure product quality and meet regulatory standards. Food Safety applications are expected to witness significant growth, driven by increasing concerns about food safety and the need for on-site testing. Environmental Monitoring applications are crucial for monitoring air and water quality and are expected to grow due to rising environmental awareness and regulations. Healthcare Diagnostics applications are also gaining prominence, as mobile and portable spectrometers offer rapid and cost-effective diagnostic testing in remote areas and resource-limited settings.
Mobile and Portable Spectrometers Market End-User Insights
The end-user segment plays a crucial role in shaping the Global Mobile and Portable Spectrometers Market. Academic institutions and research laboratories are prominent end-users, utilizing these spectrometers for scientific research, material characterization, and analytical applications. Industrial companies leverage mobile and portable spectrometers for on-site quality control, process monitoring, and material identification. Healthcare facilities employ them for non-invasive medical diagnostics, tissue analysis, and disease detection. The food and beverage industry utilizes these spectrometers for food safety, quality control, and authenticity verification.
Mobile and Portable Spectrometers Market Regional Insights
The Global Mobile and Portable Spectrometers Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, North America is expected to hold the largest market share in 2023. This is due to the presence of major players in the region, such as Thermo Fisher Scientific, Bruker, and Agilent Technologies. Europe is expected to be the second-largest market, followed by APAC. The APAC region is expected to witness the highest growth rate during the forecast period, owing to the increasing demand for mobile and portable spectrometers in emerging economies such as China and India. South America and MEA are expected to account for a smaller share of the global market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Mobile and Portable Spectrometers Market Key Players And Competitive Insights:
Major players in the Mobile and Portable Spectrometers Market industry are continuously striving to enhance their product offerings through technological advancements. They are focusing on developing spectrometers with improved accuracy, sensitivity, and portability. Leading Mobile and Portable Spectrometers Market players are also investing in expanding their geographical reach by establishing partnerships with distributors and resellers in new markets. The competitive landscape is characterized by acquisitions, mergers, and collaborations among key players to strengthen their position in the market. This development is expected to intensify as the industry matures and competition increases. One of the prominent competitors in the Mobile and Portable Spectrometers Market is Thermo Fisher Scientific. The company offers a comprehensive range of spectrometers for various applications, including environmental monitoring, food safety, and pharmaceutical analysis. Thermo Fisher Scientific is known for its innovative technologies and strong brand reputation. It has a wide customer base and a well-established distribution network across the globe.
The company is actively involved in research and development to provide advanced solutions to its customers. Another major player in the Mobile and Portable Spectrometers Market is Bruker Corporation. The company specializes in manufacturing high-performance analytical instruments for various industries. Bruker Corporation offers a wide range of spectrometers, including handheld, benchtop, and portable models. It has a strong presence in the pharmaceutical, biotechnology, and materials science sectors. The company is committed to providing innovative solutions that meet the evolving needs of its customers. Bruker Corporation is continuously expanding its product portfolio and geographical reach to maintain its competitive edge in the market.
Key Companies in the Mobile and Portable Spectrometers Market Include:
- Avantes
- Ocean Insight
- StellarNet
- Shimadzu
- CRAIC Technologies
- Shenzhen JustRam
- NielsenIQ
- Thermo Fisher Scientific
- Horiba
- Mesa Photonics
- JASCO International
- Agilent Technologies
- Edinburgh Instruments
- Nanoanalytics
- Bruker
Mobile and Portable Spectrometers Industry Developments
The global Mobile and Portable Spectrometers Market is projected to reach USD 2.3 billion by 2032, exhibiting a CAGR of 10.89% from 2024 to 2032. Growing demand for on-site and real-time analysis, advancements in technology, and increasing applications in various industries such as environmental monitoring, food safety, and pharmaceutical development drive market growth. Recent developments include the launch of miniaturized spectrometers with enhanced sensitivity and portability, enabling wider adoption in field applications. Furthermore, collaborations between market players and research institutions are fostering innovation and expanding the scope of mobile and portable spectrometers in areas such as medical diagnostics and materials characterization.
Mobile and Portable Spectrometers Market Segmentation Insights
Mobile and Portable Spectrometers Market Technology Outlook
- Raman Spectroscopy
- Near-Infrared (NIR) Spectroscopy
- Atomic Absorption Spectroscopy
- Ultraviolet-Visible (UV-Vis) Spectroscopy
- Fluorescence Spectroscopy
Mobile and Portable Spectrometers Market Sample Type Outlook
- Biological Samples
- Chemical Samples
- Environmental Samples
- Pharmaceutical Samples
- Food Samples
Mobile and Portable Spectrometers Market Portability Outlook
- Handheld
- Portable
- Benchtop
Mobile and Portable Spectrometers Market Applications Outlook
- Material Identification
- Quality Control
- Food Safety
- Environmental Monitoring
- Healthcare Diagnostics
Mobile and Portable Spectrometers Market End-User Outlook
- Academic Institutions
- Research Laboratories
- Industrial Companies
- Healthcare Facilities
- Food and Beverage Industry
Mobile and Portable Spectrometers Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
1.8 (USD Billion) |
| Market Size 2023 |
2.4 (USD Billion) |
| Market Size 2032 |
5.8 (USD Billion) |
| Compound Annual Growth Rate (CAGR) |
10.3% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Avantes, Ocean Insight, StellarNet, Shimadzu, CRAIC Technologies, Shenzhen JustRam, NielsenIQ, Thermo Fisher Scientific, Horiba, Mesa Photonics, JASCO International, Agilent Technologies, Edinburgh Instruments, Nanoanalytics, Bruker. |
| Segments Covered |
Technology, Sample Type, Portability, Applications, End-User, Regional. |
| Key Market Opportunities |
Growing Demand in the Healthcare Industry. Expansion of IoT and Wireless Connectivity.Rising Adoption in Food and Agriculture.Increasing Government Regulations.Technological Advancements |
| Key Market Dynamics |
Increasing demand for environmental monitoring and food safety.Advancements in technology and miniaturization.Rising adoption of handheld applications.Growing adoption by the pharmaceutical sector.Focus on rapid and onsite analysis. |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The global Mobile and Portable Spectrometers Market was valued at 2.4 billion USD in 2023.
The global Mobile and Portable Spectrometers Market is projected to reach 5.8 billion USD by 2032, exhibiting a CAGR of 10.3% during the forecast period (2024-2032).
North America is expected to dominate the global Mobile and Portable Spectrometers Market by 2032, owing to the presence of leading market players, high demand for advanced analytical technologies, and favorable government regulations.
The environmental monitoring segment is expected to hold the largest share of the global Mobile and Portable Spectrometers Market by 2032, driven by increasing environmental concerns and the need for real-time monitoring of pollutants.
Some of the key competitors in the global Mobile and Portable Spectrometers Market include Thermo Fisher Scientific, Bruker Corporation, Agilent Technologies, Shimadzu Corporation, and JASCO International Co., Ltd.
The key growth drivers of the global Mobile and Portable Spectrometers Market include increasing demand for rapid and accurate on-site analysis, advancements in sensor technology, and the growing adoption of mobile and portable devices for field applications.
The major challenges faced by the global Mobile and Portable Spectrometers Market include the high cost of equipment, limited sensitivity and accuracy compared to laboratory-based spectrometers, and the need for skilled personnel for operation.
The key trends shaping the future of the global Mobile and Portable Spectrometers Market include the development of miniaturized and low-cost sensors, the integration of artificial intelligence (AI) and machine learning (ML) for data analysis, and the growing adoption of cloud-based platforms for data storage and sharing.
Potential opportunities for growth in the global Mobile and Portable Spectrometers Market include the increasing demand for non-destructive testing, the development of new applications in healthcare and forensics, and the expansion into emerging markets.
Key recommendations for stakeholders in the global Mobile and Portable Spectrometers Market include focusing on innovation and product development, expanding into new applications, and investing in strategic partnerships and collaborations.
