Fourier Transform Infrared Spectrometer Market Size, Report 2028

Report Description

Fourier-Transform Infrared (FTIR) Spectrometer market is anticipated to grow significantly through 2028. The market is rapidly expanding due to factors like increasing focus on technological advancement, research & development in different sectors, etc. Additionally, growing demand from the petrochemical sector to determine the sample's composition along with its physical & chemical properties, is further expected to drive market growth. Besides, growing demand from the pharmaceutical industry results in the growth of the Fourier-transform infrared spectrometers market.

FTIR spectroscopy is a technique used to determine individual molecules' structure and molecular mixtures' composition. Infrared spectroscopy is a technique that evaluates energy absorption in gas, liquid, or solid Increasing demand from automobiles, food industry, and others are crucial factors that propel the market’s growth. Governments implement stringent rules to check the trans-fat content in the food sample with labeling and packaging. Various companies, academic institutes, and research organizations operating in the market also focus on utilizing this advanced technology in different domains. This, in turn, is expected to create huge prospects for market growth in the coming years.

Growing Technological Advancements

A Fourier-transform infrared spectrometer is a crucial tool for identifying the functional groups present in materials using infrared absorbance spectra. It belongs to the molecular spectrometer's subgroup. In the upcoming years, the worldwide market is anticipated to be driven by the quick technical development of infrared (IR) spectrometers and the extensive use of Fourier-transform infrared spectrometer techniques in various sectors, opening the doors for innovation and research.

Increasing Demand from the Pharmaceutical Industry

Over the projected period, the expansion of Fourier-transform infrared spectrometer applications in the pharmaceutical and life science sectors is credited with driving the growth of worldwide Fourier-transform infrared spectrometer market. By quickly screening raw materials and intermediates, examining product formulations, and validating them, as along with quality control procedures and packaging, the Fourier-transform infrared spectrometer technology is commonly employed in the drug development process to ensure regulatory compliance. The worldwide Fourier-transform infrared spectrometer market is anticipated to grow due to these factors, in the forecast years.

Applicability in Polymer Science

In polymer research, Fourier-transform infrared spectrometers examine the organic & inorganic compounds numerous characteristics. The tool provides a thorough analytical perspective of how well the polymers form, which can aid researchers in raising standards and broadening the scope of their work. Additionally, it aids in their improved understanding of atomic processes, allowing them to generate higher-quality goods with greater efficiency. This will, in turn, increase the demand for the Fourier-transform infrared spectrometer market.

Recent Developments

In August 2022, Shimadzu Europe introduced IRXross Fourier-transform infrared (FTIR) spectrophotometer. The FTIR model delivers outstanding top-level performance, exceptional S/N ratio, resolution, measurement pace, and relief of use.
Max Analytical Technologies was bought by Thermo Fisher Scientific in March 2022. Max Analytical has developed gas analysis systems based on Fourier-transform infrared (FT-IR) spectroscopy for process monitoring, source testing, and ambient air monitoring. Its technologies are widely employed in environmental health and safety applications, industrial process monitoring, and semiconductor production.
Canopy Biosciences, LLC was acquired by Bruker Corporation in September 2020 to get a high-resolution image of cell therapy, immune-oncology, and immunology.
In June 2020, Shimadzu Corporation and RIKEN Innovation Co. Ltd. came together to generate business based on research regarding investing in the brain and the body’s five senses.

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Market Segmentation

Global Fourier-Transform Infrared (FTIR) Spectrometer Market is segmented based on type, end-use, and region. Based on type, the market is categorized into portable FTIR spectrometers, laboratory FTIR spectrometers. Based on end use, the market is fabricated into petrochemical engineering, pharmaceutical industry, academics, polymer science, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa.

Company Profiles

Thermo Fisher Scientific Inc., Bruker Corporation, Shimadzu Corporation, PerkinElmer Inc., Anton Paar GmbH, MKS Instruments Inc., FOSS A/S, Mettler-Toledo International Inc., Bristol Instruments, Inc., Systronics India Limited are some of the key players of Global Fourier-Transform Infrared (FTIR) Spectrometer Market.

Attribute	Details
Base Year	2022
Historic Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028
Report coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered	· Type · End Use
Regional scope	North America, Europe, Asia Pacific, South America, Middle East & Africa
Country scope	United States; Mexico; Canada; France; Germany; United Kingdom; Spain; Italy; Russia; China; India; South Korea; Japan; Indonesia; Vietnam; Australia; Brazil; Argentina; South Africa; Saudi Arabia; UAE
Key companies profiled	Thermo Fisher Scientific Inc., Bruker Corporation, Shimadzu Corporation, PerkinElmer Inc., Anton Paar GmbH, MKS Instruments Inc., FOSS A/S, Mettler-Toledo International Inc., Bristol Instruments, Inc., Systronics India Limited
Customization scope	10% free report customization 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
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the global Fourier-transform infrared spectrometer market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

Fourier-Transform Infrared (FTIR) Spectrometer Market, By Type:

Portable FTIR Spectrometers
Laboratory FTIR Spectrometers

Fourier-Transform Infrared (FTIR) Spectrometer Market, By End Use:

Petrochemical Engineering
Pharmaceutical Industry
Academics
Polymer Science
Others

Fourier-Transform Infrared (FTIR) Spectrometer Market, By Region:

North America

United States
Mexico
Canada

Europe

France
Germany
United Kingdom
Spain
Italy
Russia

Asia-Pacific

China
India
South Korea
Japan
Indonesia
Vietnam
Australia

South America

Brazil
Argentina

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies in the global fourier-transform infrared (FTIR) spectrometer market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Fourier-Transform Infrared (FTIR) Spectrometer Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Fourier-Transform Infrared Spectrometer Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Type (Portable FTIR Spectrometers, Laboratory FTIR Spectrometers)

5.2.2. By End Use (Petrochemical Engineering, Pharmaceutical Industry, Academics, Polymer Science, Others)

5.2.3. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.4. By Company (2022)

5.3. Market Map

5.3.1. By Types

5.3.2. By End Use

5.3.3. By Region

6. North America Fourier-Transform Infrared Spectrometer Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Types

6.2.2. By End Use

6.2.3. By Country

6.3. Pricing Analysis

6.4. North America: Country Analysis

6.4.1. United States Fourier-Transform Infrared Spectrometer Market Outlook

6.4.1.1. Market Size & Forecast

6.4.1.1.1. By Value & Volume

6.4.1.2. Market Share & Forecast

6.4.1.2.1. By Types

6.4.1.2.2. By End Use

6.4.2. Mexico Fourier-Transform Infrared Spectrometer Market Outlook

6.4.2.1. Market Size & Forecast

6.4.2.1.1. By Value & Volume

6.4.2.2. Market Share & Forecast

6.4.2.2.1. By Types

6.4.2.2.2. By End Use

6.4.3. Canada Fourier-Transform Infrared Spectrometer Market Outlook

6.4.3.1. Market Size & Forecast

6.4.3.1.1. By Value & Volume

6.4.3.2. Market Share & Forecast

6.4.3.2.1. By Types

6.4.3.2.2. By End Use

7. Europe Fourier-Transform Infrared Spectrometer Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Types

7.2.2. By End Use

7.2.3. By Country

7.3. Pricing Analysis

7.4. Europe: Country Analysis

7.4.1. France Fourier-Transform Infrared Spectrometer Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value & Volume

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Types

7.4.1.2.2. By End Use

7.4.2. Germany Fourier-Transform Infrared Spectrometer Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value & Volume

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Types

7.4.2.2.2. By End Use

7.4.3. United Kingdom Fourier-Transform Infrared Spectrometer Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value & Volume

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Types

7.4.3.2.2. By End Use

7.4.4. Spain Fourier-Transform Infrared Spectrometer Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value & Volume

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Types

7.4.4.2.2. By End Use

7.4.5. Italy Fourier-Transform Infrared Spectrometer Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Value & Volume

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Types

7.4.5.2.2. By End Use

8. Asia-Pacific Fourier-Transform Infrared Spectrometer Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Types

8.2.2. By End Use

8.2.3. By Country

8.3. Pricing Analysis

8.4. Asia-Pacific: Country Analysis

8.4.1. China Fourier-Transform Infrared Spectrometer Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Types

8.4.1.2.2. By End Use

8.4.2. India Fourier-Transform Infrared Spectrometer Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Types

8.4.2.2.2. By End Use

8.4.3. South Korea Fourier-Transform Infrared Spectrometer Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Types

8.4.3.2.2. By End Use

8.4.4. Japan Fourier-Transform Infrared Spectrometer Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Types

8.4.4.2.2. By End Use

8.4.5. Indonesia Fourier-Transform Infrared Spectrometer Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Types

8.4.5.2.2. By End Use

8.4.6. Vietnam Fourier-Transform Infrared Spectrometer Market Outlook

8.4.6.1. Market Size & Forecast

8.4.6.1.1. By Value & Volume

8.4.6.2. Market Share & Forecast

8.4.6.2.1. By Types

8.4.6.2.2. By End Use

8.4.6.2.3.

8.4.7. Australia Fourier-Transform Infrared Spectrometer Market Outlook

8.4.7.1. Market Size & Forecast

8.4.7.1.1. By Value & Volume

8.4.7.2. Market Share & Forecast

8.4.7.2.1. By Types

8.4.7.2.2. By End Use

9. South America Fourier-Transform Infrared Spectrometer Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Types

9.2.2. By End Use

9.2.3. By Country

9.3. Pricing Analysis

9.4. South America: Country Analysis

9.4.1. Brazil Fourier-Transform Infrared Spectrometer Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Types

9.4.1.2.2. By End Use

9.4.2. Argentina Fourier-Transform Infrared Spectrometer Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Types

9.4.2.2.2. By End Use

10. Middle East and Africa Fourier-Transform Infrared Spectrometer Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Types

10.2.2. By End Use

10.2.3. By Country

10.3. Pricing Analysis

10.4. MEA: Country Analysis

10.4.1. South Africa Fourier-Transform Infrared Spectrometer Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value & Volume

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Types

10.4.1.2.2. By End Use

10.4.2. Saudi Arabia Fourier-Transform Infrared Spectrometer Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value & Volume

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Types

10.4.2.2.2. By End Use

10.4.3. UAE Fourier-Transform Infrared Spectrometer Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value & Volume

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Types

10.4.3.2.2. By End Use

11. Market Dynamics

11.1. Drivers

11.1.1. Increasing demand from the pharmaceuticals & healthcare industry

11.1.2. Stringent regulatory guidelines for food labelling and packaging

11.1.3. Government initiatives for Research & Development in academics

11.2. Challenges

11.2.1. High cost of the instrument

11.2.2. Average lifespan of FTIR spectrometer is less

12. Market Trends & Developments

12.1. Recent Developments

12.2. Mergers & Acquisitions

12.3. Product Launches

13. Competitive Landscape

13.1. Business Overview

13.2. Product Offerings

13.3. Recent Developments

13.4. Financials (As Reported)

13.5. Key Personnel

13.6. SWOT Analysis

13.6.1. Thermo Fisher Scientific Inc.

13.6.2. Bruker Corporation

13.6.3. Shimadzu Corporation

13.6.4. PerkinElmer Inc.

13.6.5. Anton Paar GmbH

13.6.6. MKS Instruments Inc.

13.6.7. FOSS A/S

13.6.8. Mettler-Toledo International Inc.

13.6.9. Bristol Instruments, Inc.

13.6.10. Systronics India Limited

14. Strategic Recommendations

Figures and Tables

Frequently asked questions

How is a Fourier-Transform Infrared (FTIR) Spectrometer used in the industry?

FTIR spectroscopy quickly and correctly identifies compounds such as compounded plastics, blends, fillers, paints, rubbers, coatings, resins, and adhesives.

Who are the top players operating in the Global Fourier-Transform Infrared (FTIR) Spectrometer Market?

What are the factors driving the growth of the Fourier-Transform Infrared (FTIR) Spectrometer market?

Increasing technological advancements in FTIR spectrometers, and growing demand for FTIR spectrometers from the end-use industries are expected to be a driving force for the market during the forecast period.

Which region is expected to account for the largest share in the Global Fourier-Transform Infrared (FTIR) Spectrometer Market?

North America region is expected to hold the largest market share over the next five years on account of increasing adoption of technologically advanced systems and rising R&D investments in the pharma and life sciences industry. Besides, being highly concerned about the quality of food items & beverages across the region further supports the market growth.

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