FTIR (Fourier Transform Infrared) Spectroscopy Market Size – By Type (Portable FTIR Spectrometers, Benchtop FTIR Spectrometers, Hyphenated FTIR Systems and Others), By Technology (Attenuated Total Reflection (ATR) FTIR, Transmission FTIR, Reflection FTIR and Others), By Distribution Channel (Direct Sales and Third-Party Distributors), By End-Use Industry (Pharmaceuticals and Biotechnology, Environmental Analysis, Food and Beverage, Chemicals and Polymers, Energy and Utilities, Semiconductor and Electronics and Others) & Region – Global Forecasts 2024 - 2034
- PUBLISHED ON
- 2024-12-19
- NO OF PAGES
- 310
- CATEGORY
- Healthcare & Life Sciences
Market Overview
The FTIR (Fourier Transform Infrared) Spectroscopy market report is predicted to develop at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2034, when global FTIR (Fourier Transform Infrared) Spectroscopy market forecast size is projected to reach USD 2.46 Billion in 2034, based on an average growth pattern. The global FTIR (Fourier Transform Infrared) Spectroscopy market revenue is estimated to reach a value of USD 1.58 Billion in 2024.
SOURCE: We Market Research
The global FTIR
(Fourier Transform Infrared) Spectroscopy market is projected to experience
significant growth through 2034, driven by its increasing application in
industries such as pharmaceuticals, chemicals, food and beverages, and
environmental monitoring. FTIR spectroscopy is widely used for material
analysis due to its precision and efficiency in identifying molecular
compositions. The global FTIR (Fourier Transform Infrared) spectroscopy market
refers to the industry focused on the production, distribution, and application
of FTIR spectrometers. These devices use infrared light to analyze the
molecular composition of substances by measuring how materials absorb light at
different wavelengths. The market encompasses various industries such as pharmaceuticals,
environmental science, food and beverages, and chemical manufacturing, where
FTIR spectroscopy is used for quality control, material identification, and
research purposes.
Global FTIR (Fourier Transform Infrared) Spectroscopy Market
Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 1.58 Billion |
|
Market
Forecast in 2034 |
USD 2.46 Billion |
|
CAGR % 2024-2034 |
4.4% |
|
Base
Year |
2023 |
|
Historic Data |
2019-2023 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Type, By Technology,
By Distribution Channel, By End-Use
Industry and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Market Dynamics & Restraints
Global FTIR (Fourier Transform Infrared) Spectroscopy Market
Opportunity:
We Market
Research: Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into global FTIR (Fourier Transform Infrared) Spectroscopy market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.
FTIR (Fourier Transform Infrared) Spectroscopy Market Segmentation
Market- By Type Analysis
By Type, the FTIR (Fourier Transform Infrared) Spectroscopy market share is categories into Portable FTIR Spectrometers, Benchtop FTIR Spectrometers, Hyphenated FTIR Systems and Others. Benchtop FTIR Spectrometers segment dominates the market with the largest share, accounting for over 47% of the market in 2023. Benchtop spectrometers are popular for their high precision and reliability, especially in industries such as pharmaceuticals, chemicals, and food quality testing. They are widely adopted for laboratory-based analyses where high accuracy and reproducibility are critical. In 2023, over 5,000 pharmaceutical companies worldwide utilized benchtop spectrometers for compound identification and quality control.
The
following segments are part of an in-depth analysis of the global FTIR (Fourier
Transform Infrared) Spectroscopy market:
|
Market Segments |
|
|
By Type |
·
Portable FTIR Spectrometers ·
Benchtop FTIR Spectrometers ·
Hyphenated FTIR Systems ·
Others |
|
By Technology |
·
Attenuated Total Reflection (ATR) FTIR ·
Transmission FTIR ·
Reflection FTIR ·
Others |
|
By Distribution
Channel |
·
Direct Sales ·
Third-Party Distributors |
|
By End-use
Industry |
·
Pharmaceuticals and Biotechnology ·
Environmental Analysis ·
Food and Beverage ·
Chemicals and Polymers ·
Energy and Utilities ·
Semiconductor and Electronics ·
Others |
FTIR (Fourier Transform Infrared) Spectroscopy Industry:
Regional Analysis
North America Market Forecast
This region holds the largest share of the global FTIR spectroscopy market, driven by advanced pharmaceutical industries, environmental monitoring regulations, and significant R&D investments. The United States is the primary contributor, reflecting a well-established market for FTIR spectrometers in both academic and industrial settings. Regulatory frameworks, particularly in the food and pharmaceutical industries, further boost demand.
Europe Market Statistics
Europe ranks as
the second-largest market, underpinned by its focus on environmental
sustainability and strong investments in research and technology. Countries
like Germany, the UK, and France lead the adoption due to stringent compliance
requirements in the chemical, pharmaceutical, and food industries.
Asia Pacific Market Forecasts
The region is
poised for the fastest growth with a projected CAGR of over 7% during the
forecast period. This surge is attributed to rapid industrialization, expansion
in the pharmaceutical and chemical industries, and increasing government
investments in research infrastructure. China, India, and Japan are at the
forefront of this growth, driven by environmental monitoring and quality
control initiatives
Middle East & Africa Market Statistics
Adoption in MEA
remains in the early stages but shows potential in sectors such as oil and gas,
environmental monitoring, and academia. Growth is expected to accelerate as
awareness of FTIR spectroscopy and its applications expands in these regions.
Latin America Market Statistics
While the market
in Latin America is smaller, it is gradually expanding, particularly in
industrial and environmental applications. Brazil and Mexico are key
contributors due to increasing regulatory standards and awareness of advanced
analytical tools.
Key Market Players
The Global FTIR (Fourier
Transform Infrared) Spectroscopy Market
is dominated by a few large companies, such as
·
Thermo Fisher Scientific Inc.
·
Bruker Corporation
·
Agilent Technologies, Inc.
·
PerkinElmer, Inc.
·
Shimadzu Corporation
·
Horiba, Ltd.
·
Jasco Inc.
·
Tornado Spectral Systems
·
BÜCHI Labortechnik AG
·
Oxford Instruments
·
ABB Analytical Measurements
·
FOSS Analytical
·
KBr International
·
Others
1.
Global
FTIR (Fourier Transform Infrared) Spectroscopy Market Introduction and Market
Overview
1.1. Objectives of the Study
1.2. Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Scope and Market Estimation
1.2.1. Global FTIR (Fourier Transform Infrared)
Spectroscopy Overall Market Size (US$ Bn), Market CAGR (%), Market forecast (2024
- 2034)
1.2.2. Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Revenue Share (%) and Growth Rate (Y-o-Y) from
2019 - 2034
1.3. Market Segmentation
1.3.1. Type of Global FTIR (Fourier
Transform Infrared) Spectroscopy Market
1.3.2. Technology of Global FTIR
(Fourier Transform Infrared) Spectroscopy Market
1.3.3. Distribution Channel of Global FTIR
(Fourier Transform Infrared) Spectroscopy Market
1.3.4. End-Use Industry of Global FTIR (Fourier
Transform Infrared) Spectroscopy Market
1.3.5. Region of Global FTIR (Fourier
Transform Infrared) Spectroscopy Market
2.
Executive Summary
2.1. Demand Side Trends
2.2. Key Market Trends
2.3. Market Demand (US$ Bn) Analysis
2019 – 2023 and Forecast, 2024 – 2034
2.4. Demand and Opportunity
Assessment
2.5. Demand Supply Scenario
2.6. Market Dynamics
2.6.1. Drivers
2.6.2. Limitations
2.6.3. Opportunities
2.6.4. Impact Analysis of Drivers and
Restraints
2.7. Pricing Trends Analysis
2.8. Overview of Technology Developments
2.9. Porter’s Five Forces Analysis
2.9.1. Bargaining Power of Suppliers
2.9.2. Bargaining Power of Buyers
2.9.3. Threat of Substitutes
2.9.4. Threat of New Entrants
2.9.5. Competitive Rivalry
2.10. PEST Analysis
2.10.1. Political Factors
2.10.2. Economic Factors
2.10.3. Social Factors
2.10.4. Technology Factors
2.11. Value Chain / Ecosystem Analysis
2.12. Key Regulation
3.
Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Estimates &
Historical Trend Analysis (2019 - 2023)
4.
Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Estimates &
Forecast Trend Analysis, by Technology
4.1. Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Revenue (US$ Bn) Estimates and Forecasts, by Technology,
2019 - 2034
4.1.1. Attenuated Total Reflection
(ATR) FTIR
4.1.2. Transmission FTIR
4.1.3. Reflection FTIR
4.1.4. Others
5.
Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Estimates &
Forecast Trend Analysis, by Type
5.1. Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Revenue (US$ Bn) Estimates and Forecasts, by Type,
2019 - 2034
5.1.1.Portable
FTIR Spectrometers
5.1.2.Benchtop
FTIR Spectrometers
5.1.3.Hyphenated
FTIR Systems
5.1.4.Others
6.
Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Estimates &
Forecast Trend Analysis, by Distribution Channel
6.1. Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Revenue (US$ Bn) Estimates and Forecasts, by Distribution
Channel, 2019 - 2034
6.1.1.Direct
Sales
6.1.2.Third-Party
Distributors
7.
Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Estimates &
Forecast Trend Analysis, by End-use Industry
7.1. Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Revenue (US$ Bn) Estimates and Forecasts, by
End-use Industry, 2019 - 2034
7.1.1.Pharmaceuticals
and Biotechnology
7.1.2.Environmental
Analysis
7.1.3.Food and
Beverage
7.1.4.Chemicals
and Polymers
7.1.5.Energy
and Utilities
7.1.6.Semiconductor
and Electronics
7.1.7.Others
8.
Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Estimates &
Forecast Trend Analysis, by Region
8.1. Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Revenue (US$ Bn) Estimates and Forecasts, by Region,
2019 - 2034
8.1.1. North America
8.1.2. Eastern Europe
8.1.3. Western Europe
8.1.4. Asia Pacific
8.1.5. Middle East & Africa
8.1.6. Latin America
9.
North
America FTIR (Fourier Transform Infrared)
Spectroscopy Market: Estimates &
Forecast Trend Analysis
9.1.
North
America FTIR (Fourier Transform Infrared) Spectroscopy Market Assessments &
Key Findings
9.1.1. North America FTIR (Fourier
Transform Infrared) Spectroscopy Market Introduction
9.1.2. North America FTIR (Fourier
Transform Infrared) Spectroscopy Market Size Estimates and Forecast (US$ Billion)
(2019 - 2034)
9.1.2.1.
9.1.2.2. By Type
9.1.2.3. By Technology
9.1.2.4. By Distribution
Channel
9.1.2.5. By End-use Industry
9.1.2.6. By Country
9.1.2.6.1. The U.S.
9.1.2.6.2. Canada
9.1.2.6.3. Mexico
10. Western Europe FTIR
(Fourier Transform Infrared) Spectroscopy Market: Estimates & Forecast Trend Analysis
10.1. Western Europe FTIR (Fourier
Transform Infrared) Spectroscopy Market Assessments & Key Findings
10.1.1. Western Europe FTIR (Fourier
Transform Infrared) Spectroscopy Market Introduction
10.1.2. Western Europe FTIR (Fourier
Transform Infrared) Spectroscopy Market Size Estimates and Forecast (US$ Billion)
(2019 - 2034)
10.1.2.1. By Type
10.1.2.2. By Technology
10.1.2.3. By Distribution
Channel
10.1.2.4. By End-use Industry
10.1.2.5. By Country
10.1.2.5.1.
Germany
10.1.2.5.2.
Italy
10.1.2.5.3.
U.K.
10.1.2.5.4.
France
10.1.2.5.5.
Spain
10.1.2.5.6.
Benelux
10.1.2.5.7.
Nordics
10.1.2.5.8. Rest
of W. Europe
11. Eastern Europe FTIR
(Fourier Transform Infrared) Spectroscopy Market: Estimates & Forecast Trend Analysis
11.1. Eastern Europe FTIR (Fourier
Transform Infrared) Spectroscopy Market Assessments & Key Findings
11.1.1. Eastern Europe FTIR (Fourier
Transform Infrared) Spectroscopy Market Introduction
11.1.2. Eastern Europe FTIR (Fourier
Transform Infrared) Spectroscopy Market Size Estimates and Forecast (US$ Billion)
(2019 - 2034)
11.1.2.1. By Type
11.1.2.2. By Technology
11.1.2.3. By Distribution
Channel
11.1.2.4. By End-use Industry
11.1.2.5. By Country
11.1.2.5.1.
Russia
11.1.2.5.2.
Hungary
11.1.2.5.3.
Poland
11.1.2.5.4.
Balkan & Baltics
11.1.2.5.5. Rest of E. Europe
12. Asia Pacific FTIR
(Fourier Transform Infrared) Spectroscopy Market: Estimates & Forecast Trend Analysis
12.1. Asia Pacific Market Assessments
& Key Findings
12.1.1. Asia Pacific FTIR (Fourier
Transform Infrared) Spectroscopy Market Introduction
12.1.2. Asia Pacific FTIR (Fourier
Transform Infrared) Spectroscopy Market Size Estimates and Forecast (US$ Billion)
(2019 - 2034)
12.1.2.1. By Type
12.1.2.2. By Technology
12.1.2.3. By Distribution
Channel
12.1.2.4. By End-use Industry
12.1.2.5. By Country
12.1.2.5.1. China
12.1.2.5.2. Japan
12.1.2.5.3. India
12.1.2.5.4. Australia & New Zealand
12.1.2.5.5. South Korea
12.1.2.5.6. ASEAN
12.1.2.5.7. Rest of Asia Pacific
13. Middle East & Africa FTIR
(Fourier Transform Infrared) Spectroscopy Market: Estimates & Forecast Trend Analysis
13.1. Middle East & Africa Market
Assessments & Key Findings
13.1.1. Middle
East & Africa FTIR
(Fourier Transform Infrared) Spectroscopy Market Introduction
13.1.2. Middle
East & Africa FTIR
(Fourier Transform Infrared) Spectroscopy Market Size Estimates and Forecast
(US$ Billion) (2019 - 2034)
13.1.2.1. By Type
13.1.2.2. By Technology
13.1.2.3. By Distribution
Channel
13.1.2.4. By End-use Industry
13.1.2.5. By Country
13.1.2.5.1. UAE
13.1.2.5.2. Saudi
Arabia
13.1.2.5.3. Turkey
13.1.2.5.4. South
Africa
13.1.2.5.5. Rest of
MEA
14. Latin America
FTIR (Fourier Transform Infrared) Spectroscopy Market: Estimates & Forecast Trend Analysis
14.1. Latin America Market Assessments
& Key Findings
14.1.1. Latin America FTIR (Fourier
Transform Infrared) Spectroscopy Market Introduction
14.1.2. Latin America FTIR (Fourier
Transform Infrared) Spectroscopy Market Size Estimates and Forecast (US$ Billion)
(2019 - 2034)
14.1.2.1. By Type
14.1.2.2. By Technology
14.1.2.3. By Distribution
Channel
14.1.2.4. By End-use Industry
14.1.2.5. By Country
14.1.2.5.1. Brazil
14.1.2.5.2. Argentina
14.1.2.5.3. Colombia
14.1.2.5.4. Rest of
LATAM
15. Country Wise Market: Introduction
16. Competition Landscape
16.1. Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Product Mapping
16.2. Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Concentration Analysis, by Leading Players /
Innovators / Emerging Players / New Entrants
16.3. Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Tier Structure Analysis
16.4. Global FTIR (Fourier Transform
Infrared) Spectroscopy Market Concentration & Company Market Shares (%)
Analysis, 2023
17. Company Profiles
17.1. Thermo Fisher
Scientific Inc.
17.1.1. Company Overview & Key Stats
17.1.2. Financial Performance & KPIs
17.1.3. Product Portfolio
17.1.4. SWOT Analysis
17.1.5. Business Strategy & Recent
Developments
* Similar details would be provided
for all the players mentioned below
17.2. Bruker Corporation
17.3. Agilent Technologies,
Inc.
17.4. PerkinElmer, Inc.
17.5. Shimadzu
Corporation
17.6. Horiba, Ltd.
17.7. Jasco Inc.
17.8. Tornado Spectral
Systems
17.9. BÜCHI Labortechnik
AG
17.10. Oxford Instruments
17.11. ABB Analytical
Measurements
17.12. FOSS Analytical
17.13. KBr International
17.14. Others
18. Research
Methodology
18.1. External Transportations /
Databases
18.2. Internal Proprietary Database
18.3. Primary Research
18.4. Secondary Research
18.5. Assumptions
18.6. Limitations
18.7. Report FAQs
19. Research
Findings & Conclusion
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Frequently Asked Questions
What is the market size of FTIR (Fourier Transform Infrared) Spectroscopy Market in 2024?
FTIR (Fourier Transform Infrared) Spectroscopy Market was valued at USD 1.58 Billion in 2024.
What is the growth rate for the FTIR (Fourier Transform Infrared) Spectroscopy Market?
FTIR (Fourier Transform Infrared) Spectroscopy Market size will increase at approximate CAGR of 4.4% during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the market are Thermo Fisher Scientific Inc., Bruker Corporation, Agilent Technologies, Inc., PerkinElmer, Inc., Shimadzu Corporation, Horiba, Ltd., Jasco Inc., Tornado Spectral Systems, BÜCHI Labortechnik AG, Oxford Instruments, ABB Analytical Measurements, FOSS Analytical, KBr International and others.
Which region dominates the FTIR (Fourier Transform Infrared) Spectroscopy Market?
North America dominates the market with an active share of 48%.
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