RESEARCH & MANUFACTURING - Near Infrared Spectroscopy Market Statistics
The global research & manufacturing near infrared spectroscopy market size was valued at US$ 247.5 million in 2023 and is estimated to grow at a compound annual growth rate (CAGR) of 5.3% from 2023 to 2030.
Research & manufacturing - Near infrared spectroscopy market highlights
- The global research & manufacturing segment generated a revenue of USD 247.5 million in 2023 and is expected to reach USD 354.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5% by 2030.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Market summary
| Market revenue in 2023 | USD 247.5 million |
| Market revenue in 2030 | USD 354.6 million |
| Growth rate | 5% (CAGR from 2024 to 2030) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
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Near Infrared Spectroscopy Market Scope
Near infrared spectroscopy market segmentation & scope
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
Canada
U.S.
Germany
UK
France
Italy
Spain
Sweden
Norway
Denmark
China
Japan
India
South Korea
Australia
Thailand
South Africa
Saudi Arabia
UAE
Kuwait
Brazil
Argentina
Mexico

Near Infrared Spectroscopy Market Outlook
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