The global in-line UV-vis spectroscopy market size was valued at USD 252.78 million in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 6.57% from 2019 to 2026. Process monitoring is considered as a time-consuming step, in off-line measurements. Moreover, a single measurement can be performed at a time and color quality remains unknown between the sampling points with conventional methods. These challenges are effectively addressed by in-line measurements as it provides immediate intervention in case of any color variation and provides results in real-time, thereby driving the adoption of this process.
Growing demand for robust technologies in highly regulated industries, such as pharmaceuticals and foods & beverages, for effective sample compound testing is anticipated to boost usage of this form of UV-Vis spectroscopy. Furthermore, well-established global end-users in the pharmaceuticals, and food industry demand higher standards from manufacturers.
The success of this technology depends on the in-depth knowledge of the link between optical instrumentation design and its effect on data quality. Initiatives undertaken to derive information about instrumentation design effects on the performance of a prediction model is anticipated to propel research in this technology.
The companies are engaged in mapping the end-user requirements to establish proper product designing protocols, thereby boosting technological advancements. Also, research studies are conducted to assess the potential of these methods as fast-working process analytical technology in early phase drug development. Thus, the fast growth of the pharmaceutical industry is anticipated to greatly impact this market.
Companies like Ocean Optics are engaged in offering a full menu of spectrometers for food and beverage processing, authentication, and packaging. Furthermore, companies are showcasing their instruments for analysis of food coloring agents. This drives emerging players striving for substantial market share to adopt innovative techniques and capitalize on the untapped avenues.
The current market penetration of this technique is low. However, the potential of in-line monitoring continues to expand owing to its time-associated advantages over the conventional off-line method. The manufacturers and other key stakeholders in the market are collaborating to explore the potential of in-line spectroscopic methods across various fields, thereby accelerating innovations in the in-line UV-Vis spectroscopy market.
In-line UV-Vis spectrometers have been employed for applications in food, paint, polymer, plastic, pharmaceutical, bioprocess, fermentation, and other industries. Development of novel UV/Vis sample presentation options and instruments have aided in the inception of novel possibilities for process control of fermentation and bioprocess monitoring. Other applications include measurement of phenolic composition during winemaking, analyze the concentration of materials for proper crystallization of biopharmaceuticals, quantitative determination of xylose, and other sugars during fermentation.
Currently, most available in-line spectroscopy methods are based on the color measurement and chemical concentration monitoring to assess product quality. These two parameters offer relevant information on product quality and are, therefore, expected to be used as principles in various upcoming product models.
In 2018, thickness measurement was estimated to account for the lowest revenue share. This is due to the low penetration of in-line thickness measurements across various industries coupled with fewer suppliers in this segment. Relatively high adoption of off-line measurements to measure the thickness of the film or a layer during the production process of automobile headlights, glasses, plastics, and computer displays has hampered the revenue growth for in-line thickness measurement.
End-users from multiple industries, such as food & beverage and pharmaceutical, play a crucial role in reshaping the market by expanding the use of spectroscopy for monitoring their processes. For example, in-line inspection systems manufactured by Advanced Vision Technology Ltd are used in major packaging and label converters for improvement of product quality and efficiency of their workflow.
X-Rite, an American company owned by Danaher Corporation is also involved in serving the packaging and label converters that are served by Advanced Vision Technology Ltd. On the other hand, Color Consult – Spectrophotometer, a color measurement company based in the Netherlands provides products for analysis in the food & beverage and pharmaceutical industries.
In 2018, the high adoption of in-line UV-Vis spectroscopy in chemicals and paints & coating industry led to the dominance of segment concerning revenue share. The presence of companies, such as Kemtrak AB, that offer instantaneous in-line measurement of liquid and gas concentrations in the chemical industry has contributed to the large revenue share of this segment.
North America accounted for the largest revenue share in 2018 and the region is expected to maintain this rank during the forecast period. This can be attributed to the local presence of key players providing equipment based on this principle, technological advancements in instrumentation, and increased need for food analysis that involves wide usage of these devices.
Furthermore, organizations such as the National Institute of Standards and Technology (NIST) aid in product adoption by providing the standard protocols, For instance, National Voluntary Laboratory Accreditation Program was arranged to provide several requirements for the NIST Traceable Reference Materials used in spectroscopy. Moreover, the NIST Traceable Reference Materials (NTRM) program focuses on addressing the rising demand for reference materials that comply with regulatory guidelines.
On the other hand, the Asia Pacific market is expected to serve as the lucrative source of revenue in the coming years. Fast-growing painting and pharmaceutical industries in Asian countries like China and India are expected to increase the use of these products in the region. Furthermore, rising concerns about food safety & environmental pollution, increasing R&D activities across multiple industries, and entry of key market players in this region is also fueling revenue in Asia Pacific Market.
Key product developers are collaborating with researchers for large-scale investigations to monitor and determine the potential these devices across a wide range of end applications. The players are investing in the development of novel products, considering this market as an emerging source of revenue.
For example, in April 2019, Uniqsis demonstrated its Flow-UV in-line UV-Visible spectrometer for monitoring nanoparticle distribution, real-time dispersion, and agglomeration experiments. Innovations in product designing for improved functioning of in-line UV-Visible spectroscopy are expected to boost the adoption rate in the market. Some of the prominent players in the in-line UV-vis spectroscopy market include:
X-Rite
ColVisTec AG Inc.
Hunter Associates Laboratory, Inc.
Applied Analytics, Inc.
AMETEK, Inc.
Guided Wave, Inc.
Kemtrak AB
Endress+Hauser Management AG
Color Consult
Equitech Int'l Corporation
Uniqsis Ltd
Advanced Vision Technology Ltd
Report Attribute |
Details |
The market size value in 2020 |
USD 0.29 billion |
The revenue forecast in 2026 |
USD 0.42 billion |
Growth Rate |
CAGR of 6.57% from 2019 to 2026 |
The base year for estimation |
2018 |
Historical data |
2015 - 2017 |
Forecast period |
2019 - 2026 |
Quantitative units |
Revenue in USD million and CAGR from 2019 to 2026 |
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered |
Application, end-use, region |
Regional scope |
North America; Europe; Asia Pacific; Latin America; MEA |
Country scope |
U.S.; Canada; Germany; U.K.; China; Japan; Brazil; South Africa |
Key companies profiled |
X-Rite; ColVisTec AG Inc.; Hunter Associates Laboratory, Inc.; Applied Analytics, Inc.; AMETEK, Inc.; Guided Wave, Inc.; Kemtrak AB; Endress+Hauser Management AG; Color Consult; Equitech Int'l Corporation; Uniqsis Ltd; and Advanced Vision Technology Ltd |
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
This report forecasts revenue growth at country levels and provides an analysis of the industry trends in each of the sub-segments from 2015 to 2026. For this study, Grand View Research has segmented the global In-line UV-Vis spectroscopy market report based on application, end-use, and regional:
Application Outlook (Revenue, USD Million, 2015 - 2026)
Color Measurement
Chemical Concentration
Turbidity & Haze Measurement
Thickness Measurement
End-use Outlook (Revenue, USD Million, 2015 - 2026)
Plastics Market
Chemical Industry
Food & Beverages
Pharmaceutical Industry
Painting & Coating Industry
Others
Regional Outlook (Revenue, USD Million, 2015 - 2026)
North America
The U.S.
Canada
Europe
Germany
UK
Asia Pacific
Japan
China
Latin America
Brazil
The Middle East and Africa (MEA)
South Africa
b. The global in-line UV-Vis spectroscopy market size was estimated at USD 0.27 billion in 2019 and is expected to reach USD 0.29 billion in 2020.
b. The global in-line UV-Vis spectroscopy market is expected to grow at a compound annual growth rate of 6.4% from 2020 to 2026 to reach USD 0.42 billion by 2026.
b. Color measurement dominated the in-line UV-Vis spectroscopy market with a share of 32% in 2019. This is attributable to the fact that currently most available in-line spectroscopy methods are based on color measurement and chemical concentration monitoring to assess product quality.
b. Some key players operating in the in-line UV-Vis spectroscopy market include X-Rite, ColVisTec AG Inc.; Hunter Associates Laboratory, Inc.; Applied Analytics, Inc.; AMETEK, Inc.; Guided Wave, Inc.; Kemtrak AB; Endress+Hauser Management AG; Color Consult; Equitech Int'l Corporation; Uniqsis Ltd; and Advanced Vision Technology Ltd
b. Key factors that are driving the market growth include expanding applications of in-line spectroscopy and technological advancements in spectroscopic methods.
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