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    IR Spectroscopy Market

    ID: MRFR/SEM/8946-CR
    100 Pages
    Ankit Gupta
    May 2023

    IR Spectroscopy Market Research Report Information By Technology (Near-Infrared Spectroscopy, Mid-Infrared Spectroscopy, and Far-Infrared Spectroscopy), By Product (Benchtop, Portable, Hyphenated, and Others), By Vertical (Healthcare, Pharmaceuticals, Chemicals, Research, Food & Beverage, and Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

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    IR Spectroscopy Market Infographic
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    IR Spectroscopy Market Summary

    As per MRFR analysis, the IR Spectroscopy Market Size was estimated at 1.35 USD Billion in 2024. The IR Spectroscopy industry is projected to grow from 1.428 in 2025 to 2.503 by 2035, exhibiting a compound annual growth rate (CAGR) of 5.77 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The IR Spectroscopy Market is poised for robust growth driven by technological advancements and increasing applications across various sectors.

    • North America remains the largest market for IR spectroscopy, driven by extensive research and development activities.
    • The Asia-Pacific region is emerging as the fastest-growing market, fueled by rising industrialization and demand for advanced analytical techniques.
    • Near-infrared spectroscopy holds the largest market share, while mid-infrared spectroscopy is experiencing the fastest growth due to its diverse applications.
    • Technological advancements in IR spectroscopy and increased adoption in pharmaceutical applications are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 1.35 (USD Billion)
    2035 Market Size 2.503 (USD Billion)
    CAGR (2025 - 2035) 5.77%

    Major Players

    Thermo Fisher Scientific (US), PerkinElmer (US), Bruker (DE), Agilent Technologies (US), JASCO (JP), Horiba (JP), ABB (CH), Mettler Toledo (CH)

    IR Spectroscopy Market Trends

    The IR Spectroscopy Market is currently experiencing a dynamic evolution, driven by advancements in technology and increasing applications across various sectors. The integration of infrared spectroscopy in pharmaceuticals, environmental monitoring, and food safety is becoming more pronounced. This trend suggests a growing recognition of the technique's ability to provide rapid and accurate analysis, which is essential in today's fast-paced environment. Furthermore, the rise of automation and artificial intelligence in analytical processes appears to enhance the efficiency and reliability of IR spectroscopy, making it a preferred choice for many laboratories. In addition, the demand for portable and user-friendly IR spectroscopy devices is on the rise. This shift indicates a potential move towards more accessible analytical tools that can be utilized in diverse settings, from fieldwork to quality control in manufacturing. As industries continue to prioritize sustainability and compliance with regulatory standards, the IR Spectroscopy Market is likely to expand, offering innovative solutions that meet these evolving needs. Overall, the market's trajectory seems promising, with ongoing research and development paving the way for future advancements and applications.

    Technological Advancements

    Recent innovations in IR spectroscopy technology are enhancing the precision and speed of analyses. These advancements include the development of more sensitive detectors and improved data processing algorithms, which facilitate more accurate results in various applications.

    Increased Adoption in Emerging Markets

    There is a noticeable trend of growing adoption of IR spectroscopy in emerging markets. This shift is likely driven by the need for efficient analytical techniques in industries such as agriculture, pharmaceuticals, and environmental science.

    Focus on Sustainability

    The IR Spectroscopy Market is witnessing a heightened emphasis on sustainability. Companies are increasingly utilizing this technology to ensure compliance with environmental regulations and to promote eco-friendly practices in their operations.

    The increasing demand for advanced analytical techniques in various industries is driving the growth of the IR spectroscopy market, as it provides critical insights into molecular structures and compositions.

    U.S. Department of Commerce

    IR Spectroscopy Market Drivers

    Emerging Applications in Material Science

    The IR Spectroscopy Market is also benefiting from emerging applications in material science, where the technology is utilized to analyze polymers, composites, and nanomaterials. The ability to characterize molecular structures and interactions at a microscopic level is crucial for the development of advanced materials. Recent studies suggest that the material science segment is poised for growth, with an anticipated CAGR of 5.5% over the next five years. This growth is driven by the increasing demand for innovative materials in industries such as aerospace, automotive, and electronics. As researchers continue to explore the potential of IR spectroscopy in material characterization, its relevance in this field is likely to expand, offering new insights into material properties and performance.

    Rising Demand in Environmental Monitoring

    The IR Spectroscopy Market is witnessing a notable increase in demand for environmental monitoring applications. As concerns regarding air and water quality intensify, the need for reliable analytical methods to detect pollutants and hazardous substances becomes paramount. IR spectroscopy offers a rapid and effective means of identifying various environmental contaminants, including volatile organic compounds (VOCs) and greenhouse gases. Recent data indicates that the environmental monitoring segment is expected to grow at a CAGR of 6% over the next five years, driven by regulatory pressures and public awareness. This growth is indicative of the technology's potential to contribute to environmental sustainability efforts, making it a vital tool for researchers and regulatory agencies alike.

    Technological Advancements in IR Spectroscopy

    The IR Spectroscopy Market is experiencing a surge in technological advancements that enhance the capabilities and applications of infrared spectroscopy. Innovations such as Fourier Transform Infrared (FTIR) spectroscopy and portable IR spectrometers are becoming increasingly prevalent. These advancements allow for more precise measurements and broader applications across various sectors, including pharmaceuticals, environmental monitoring, and food safety. The market is projected to grow at a compound annual growth rate (CAGR) of approximately 7.5% from 2025 to 2030, driven by the demand for advanced analytical techniques. Furthermore, the integration of artificial intelligence and machine learning into IR spectroscopy systems is likely to improve data analysis and interpretation, making the technology more accessible and efficient for end-users.

    Increased Adoption in Pharmaceutical Applications

    The pharmaceutical sector is a key driver of the IR Spectroscopy Market, as the technology is widely utilized for drug formulation and quality control. The ability of IR spectroscopy to provide rapid and non-destructive analysis of chemical compounds makes it indispensable in this field. According to recent estimates, the pharmaceutical segment accounts for nearly 30% of the total market share, reflecting a growing reliance on IR spectroscopy for regulatory compliance and research purposes. The increasing focus on drug safety and efficacy is likely to propel further adoption of IR spectroscopy techniques, as they facilitate the identification of active ingredients and impurities in pharmaceutical products. This trend underscores the importance of IR spectroscopy in ensuring the integrity of pharmaceutical manufacturing processes.

    Growing Interest in Food Safety and Quality Control

    The food and beverage industry is increasingly recognizing the value of the IR Spectroscopy Market for ensuring food safety and quality control. The technology enables rapid analysis of food products, allowing for the detection of adulterants and the assessment of nutritional content. With The IR Spectroscopy projected to reach USD 20 billion by 2027, the role of IR spectroscopy in this sector is becoming more pronounced. The ability to perform non-destructive testing and real-time analysis positions IR spectroscopy as a preferred method for food quality assessment. As consumer awareness regarding food safety rises, the demand for reliable analytical techniques like IR spectroscopy is likely to expand, further solidifying its position in the food industry.

    Market Segment Insights

    By Technology: Near-Infrared Spectroscopy (Largest) vs. Mid-Infrared Spectroscopy (Fastest-Growing)

    In the IR Spectroscopy market, Near-Infrared Spectroscopy (NIR) holds the largest share, widely adopted due to its ability to provide rapid and non-destructive analysis in various applications including pharmaceuticals and food quality testing. Mid-Infrared Spectroscopy (MIR), while currently smaller in market share, is emerging rapidly as it finds increasing utilization in advanced material analysis and environmental monitoring, showing strong growth potential. Far-Infrared Spectroscopy, although niche, contributes to specialized applications that complement both NIR and MIR technologies, enhancing the overall market diversity.

    Technology: Near-Infrared Spectroscopy (Dominant) vs. Mid-Infrared Spectroscopy (Emerging)

    Near-Infrared Spectroscopy (NIR) is characterized by its ability to penetrate biological tissues and is extensively used in agriculture and food industries for moisture and composition analysis. It stands out due to its speed and efficiency, making it the dominant technique in the IR Spectroscopy market. Meanwhile, Mid-Infrared Spectroscopy (MIR), identified as an emerging technology, is gaining traction due to advancements in sensor technologies that improve its resolution and accuracy. MIR is particularly valuable in identifying chemical compounds and studying molecular vibrations, which aligns with growing demands in pharmaceuticals and environmental sciences. This increasing adoption is indicative of MIR's potential to carve out a significant market presence.

    By Product: Benchtop (Largest) vs. Portable (Fastest-Growing)

    In the IR Spectroscopy Market, the product segmentation reveals a substantial market distribution where benchtop spectroscopy systems maintain the largest share due to their reliability and extensive application in laboratories and industrial settings. Conversely, portable IR spectrometers are gaining traction in various fields such as environmental monitoring and field analysis, attributed to their compactness and user-friendly features, appealing to a broader audience.

    Benchtop (Dominant) vs. Portable (Emerging)

    Benchtop IR spectrometers dominate the market due to their superior analytical capabilities, higher accuracy, and extensive functionality, making them the preferred choice for extensive laboratory analysis. In contrast, portable IR spectrometers are emerging as a vital player, with advancements in technology allowing for enhanced portability without compromising performance. These devices cater to on-site testing needs, particularly in environmental analysis and agriculture, where quick, accurate results are paramount. Their increasing adoption reflects a trend towards flexibility and convenience, positioning them uniquely within the spectroscopic landscape.

    By Vertical: Healthcare (Largest) vs. Pharmaceuticals (Fastest-Growing)

    The IR Spectroscopy Market exhibits diverse segment value distribution, with Healthcare holding the largest share. This segment leverages IR spectroscopy for applications such as medical diagnostics and quality control. Pharmaceuticals closely follow, driven by the need for precise analytical measurements in drug formulation and stability analysis. The remaining segments, including Chemicals, Research, and Food & Beverage, play supportive roles but do not command the same level of market share as Healthcare and Pharmaceuticals. Growth trends indicate that Pharmaceuticals is the fastest-growing segment, propelled by increasing R&D activities and regulatory requirements for drug safety and efficacy. The burgeoning demand for personalized medicine and advanced formulations further fuels this growth. Simultaneously, Healthcare sustains its dominance through technological advancements in diagnostic methods, ensuring safety and efficacy in patient care.

    Healthcare (Dominant) vs. Food & Beverage (Emerging)

    Healthcare remains the dominant vertical in the IR Spectroscopy Market, characterized by its extensive use in clinical laboratories and medical research. Integration of sophisticated imaging techniques and data analysis tools enhances the reliability and speed of diagnostics, solidifying its market position. Conversely, the Food & Beverage segment is emerging, gaining traction as consumer focus on quality, safety, and authenticity increases. The growing regulatory scrutiny over food quality assurance and adulteration detection propels the adoption of IR spectroscopy in this sector, highlighting its ability to streamline quality control processes and ensure compliance with safety standards.

    Get more detailed insights about IR Spectroscopy Market

    Regional Insights

    North America : Innovation and Research Hub

    North America is the largest market for IR spectroscopy, holding approximately 45% of the global share. The region's growth is driven by advancements in technology, increasing demand for analytical instruments in pharmaceuticals, and stringent regulatory requirements. The presence of key players and significant investments in R&D further catalyze market expansion. Regulatory bodies are also promoting the adoption of advanced spectroscopic techniques, enhancing market dynamics. The United States dominates the North American market, accounting for a substantial portion of the revenue. Canada follows as the second-largest market, driven by its growing pharmaceutical and environmental sectors. Key players such as Thermo Fisher Scientific, PerkinElmer, and Agilent Technologies are actively contributing to the competitive landscape, ensuring a robust supply of innovative IR spectroscopy solutions. The focus on automation and integration with digital technologies is expected to shape future market trends.

    Europe : Regulatory-Driven Market Growth

    Europe is a significant player in the IR spectroscopy market, holding around 30% of the global share. The region's growth is propelled by stringent regulations in pharmaceuticals and environmental monitoring, which necessitate advanced analytical techniques. Countries like Germany and the UK are at the forefront, with increasing investments in research and development. The European market is also witnessing a rise in demand for portable and user-friendly spectroscopic devices, enhancing accessibility for various applications. Germany leads the European market, followed closely by the UK and France. The competitive landscape is characterized by the presence of established companies such as Bruker and Horiba, which are innovating to meet regulatory standards. The European Union's commitment to sustainability and environmental protection is further driving the adoption of IR spectroscopy in various sectors. As stated by the European Commission, "The integration of advanced analytical techniques is essential for compliance with environmental regulations and ensuring public health."

    Asia-Pacific : Emerging Market Potential

    Asia-Pacific is emerging as a powerhouse in the IR spectroscopy market, accounting for approximately 20% of the global share. The region's growth is fueled by increasing industrialization, rising investments in healthcare, and a growing focus on research and development. Countries like China and Japan are leading the market, driven by their robust manufacturing sectors and expanding pharmaceutical industries. The demand for advanced analytical tools is also rising in environmental monitoring and food safety applications. China is the largest market in the region, with Japan following closely. The competitive landscape is becoming increasingly dynamic, with both local and international players vying for market share. Companies like JASCO and Horiba are enhancing their product offerings to cater to the diverse needs of the market. The region's focus on innovation and technology adoption is expected to drive significant growth in the coming years.

    Middle East and Africa : Resource-Rich Market Dynamics

    The Middle East and Africa region is gradually developing its IR spectroscopy market, holding about 5% of the global share. The growth is primarily driven by increasing investments in oil and gas, pharmaceuticals, and environmental monitoring. Countries like South Africa and the UAE are leading the market, with a growing emphasis on research and development. The region's regulatory frameworks are evolving, promoting the adoption of advanced analytical techniques in various sectors. South Africa is the largest market in the region, with the UAE following as a significant player. The competitive landscape is characterized by a mix of local and international companies, with key players like ABB and Mettler Toledo establishing a presence. The focus on enhancing laboratory capabilities and meeting international standards is expected to drive market growth in the coming years.

    Key Players and Competitive Insights

    The IR Spectroscopy Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand across various sectors, including pharmaceuticals, environmental monitoring, and food safety. Key players such as Thermo Fisher Scientific (US), PerkinElmer (US), and Bruker (DE) are strategically positioned to leverage innovation and expand their market presence. Thermo Fisher Scientific (US) focuses on enhancing its product portfolio through continuous research and development, while PerkinElmer (US) emphasizes strategic partnerships to bolster its capabilities in analytical solutions. Bruker (DE) appears to be concentrating on regional expansion, particularly in emerging markets, thereby shaping a competitive environment that is increasingly collaborative and innovation-driven.

    In terms of business tactics, companies are localizing manufacturing and optimizing supply chains to enhance operational efficiency and reduce costs. The market structure is moderately fragmented, with several players vying for market share. However, the collective influence of major companies is significant, as they set industry standards and drive technological advancements. This competitive structure fosters an environment where innovation is paramount, compelling companies to continuously adapt and evolve their strategies.

    In August 2025, Thermo Fisher Scientific (US) announced the launch of a new line of portable IR spectrometers designed for field applications. This strategic move is likely to enhance their competitive edge by catering to the growing demand for on-site analysis in various industries. The introduction of portable solutions aligns with the trend towards increased mobility and accessibility in analytical instrumentation, potentially attracting a broader customer base.

    In September 2025, PerkinElmer (US) entered into a partnership with a leading biotechnology firm to develop advanced IR spectroscopy solutions tailored for drug discovery. This collaboration underscores PerkinElmer's commitment to innovation and positions the company to capitalize on the burgeoning biopharmaceutical sector. By integrating cutting-edge technology with industry expertise, this partnership may enhance their product offerings and market reach.

    In July 2025, Bruker (DE) expanded its operations in Asia by establishing a new manufacturing facility in India. This strategic expansion is indicative of Bruker's focus on tapping into the growing demand for analytical instruments in the Asia-Pacific region. By localizing production, Bruker aims to reduce lead times and improve service delivery, thereby strengthening its competitive position in a rapidly evolving market.

    As of October 2025, the IR Spectroscopy Market is witnessing trends such as digitalization, sustainability, and the integration of artificial intelligence. These trends are reshaping competitive dynamics, with companies increasingly forming strategic alliances to enhance their technological capabilities and market reach. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is becoming evident. Moving forward, competitive differentiation will likely hinge on the ability to innovate and adapt to changing market demands, positioning companies to thrive in an increasingly complex landscape.

    Key Companies in the IR Spectroscopy Market market include

    Industry Developments

    • Q2 2024: Bruker Launches New INVENIO X FTIR Spectrometer for Advanced Research Applications Bruker announced the launch of its INVENIO X FTIR spectrometer, designed for advanced research in materials science, chemistry, and life sciences. The new instrument features enhanced sensitivity and modularity for a wide range of IR spectroscopy applications.
    • Q2 2024: Agilent Technologies Introduces Cary 630 FTIR Spectrometer with Enhanced Software Capabilities Agilent Technologies launched an updated version of its Cary 630 FTIR spectrometer, featuring new software tools for improved data analysis and compliance with regulatory standards in pharmaceutical and chemical industries.
    • Q1 2024: PerkinElmer Expands IR Spectroscopy Portfolio with New Spectrum Two+ FTIR System PerkinElmer introduced the Spectrum Two+ FTIR system, targeting quality control and academic laboratories. The new system offers improved performance and user-friendly operation for routine IR spectroscopy analysis.
    • Q2 2024: Shimadzu Launches IRSpirit-X Series FTIR Spectrophotometers for Enhanced Laboratory Productivity Shimadzu announced the release of the IRSpirit-X series FTIR spectrophotometers, designed to provide high sensitivity and compact design for pharmaceutical, food, and environmental testing laboratories.
    • Q1 2024: Thermo Fisher Scientific Unveils Nicolet Summit PRO FTIR Spectrometer for Advanced Analytical Workflows Thermo Fisher Scientific launched the Nicolet Summit PRO FTIR spectrometer, offering advanced automation and connectivity features to streamline analytical workflows in research and industrial laboratories.
    • Q2 2024: Oxford Instruments Announces Partnership with Bruker for Integrated IR Spectroscopy Solutions Oxford Instruments and Bruker entered a partnership to develop integrated IR spectroscopy solutions, combining Oxford’s cryogenic technology with Bruker’s FTIR platforms for enhanced materials characterization.
    • Q1 2024: JASCO Launches New FT/IR-4X Spectrometer for Routine and Research Applications JASCO introduced the FT/IR-4X spectrometer, designed for both routine quality control and advanced research, featuring improved sensitivity and user interface.
    • Q2 2024: HORIBA Scientific Expands IR Spectroscopy Portfolio with New LabRAM Soleil FTIR Module HORIBA Scientific launched the LabRAM Soleil FTIR module, enabling combined Raman and FTIR spectroscopy for comprehensive molecular analysis in academic and industrial research.
    • Q1 2024: Bruker Acquires IRsweep AG to Expand Quantum Cascade Laser-Based IR Spectroscopy Offerings Bruker announced the acquisition of IRsweep AG, a Swiss company specializing in quantum cascade laser-based IR spectroscopy, to enhance its portfolio of advanced IR analytical solutions.
    • Q2 2024: PerkinElmer Opens New Center of Excellence for Molecular Spectroscopy in Singapore PerkinElmer inaugurated a new Center of Excellence in Singapore, focused on molecular spectroscopy research and customer training, including IR spectroscopy technologies.

    Future Outlook

    IR Spectroscopy Market Future Outlook

    The IR Spectroscopy Market is projected to grow at a 5.77% CAGR from 2024 to 2035, driven by advancements in analytical techniques and increasing demand across various industries.

    New opportunities lie in:

    • Development of portable IR spectroscopy devices for field analysis.
    • Integration of AI algorithms for enhanced data interpretation.
    • Expansion into emerging markets with tailored solutions.

    By 2035, the IR Spectroscopy Market is expected to achieve robust growth, solidifying its position as a critical analytical tool.

    Market Segmentation

    IR Spectroscopy Market Product Outlook

    • Benchtop
    • Portable
    • Hyphenated
    • Others

    IR Spectroscopy Market Vertical Outlook

    • Healthcare
    • Pharmaceuticals
    • Chemicals
    • Research
    • Food & Beverage
    • Others

    IR Spectroscopy Market Technology Outlook

    • Near-Infrared Spectroscopy
    • Mid-Infrared Spectroscopy
    • Far-Infrared Spectroscopy

    Report Scope

    MARKET SIZE 20241.35(USD Billion)
    MARKET SIZE 20251.428(USD Billion)
    MARKET SIZE 20352.503(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)5.77% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesIntegration of artificial intelligence in IR Spectroscopy Market enhances data analysis and interpretation capabilities.
    Key Market DynamicsTechnological advancements in infrared spectroscopy drive innovation and enhance analytical capabilities across various industries.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Ankit Gupta
    Senior Research Analyst

    Ankit Gupta is an analyst in market research industry in ICT and SEMI industry. With post-graduation in "Telecom and Marketing Management" and graduation in "Electronics and Telecommunication" vertical he is well versed with recent development in ICT industry as a whole. Having worked on more than 150+ reports including consultation for fortune 500 companies such as Microsoft and Rio Tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.

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    FAQs

    What is the projected market valuation of the IR Spectroscopy Market by 2035?

    The IR Spectroscopy Market is projected to reach a valuation of 2.503 USD Billion by 2035.

    What was the market valuation of the IR Spectroscopy Market in 2024?

    The overall market valuation of the IR Spectroscopy Market was 1.35 USD Billion in 2024.

    What is the expected CAGR for the IR Spectroscopy Market during the forecast period 2025 - 2035?

    The expected CAGR for the IR Spectroscopy Market during the forecast period 2025 - 2035 is 5.77%.

    Which companies are considered key players in the IR Spectroscopy Market?

    Key players in the IR Spectroscopy Market include Thermo Fisher Scientific, PerkinElmer, Bruker, Agilent Technologies, JASCO, Horiba, ABB, and Mettler Toledo.

    What are the main technology segments within the IR Spectroscopy Market?

    The main technology segments within the IR Spectroscopy Market include Near-Infrared Spectroscopy, Mid-Infrared Spectroscopy, and Far-Infrared Spectroscopy.

    How did the Near-Infrared Spectroscopy segment perform in 2024?

    In 2024, the Near-Infrared Spectroscopy segment was valued at 0.54 USD Billion and is projected to grow to 0.99 USD Billion.

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