The Global Benchtop Spectroradiometers Market size is projected to grow at a CAGR of 6.6% from 2021-2028, to reach US$ 1,572 million by 2028. The Lab and Field Spectroradiometers are the fastest-growing segments in the Market. North America is estimated to account for a significant share of the market owing to the high demand for manufacturing industries such as the automotive and construction sectors.
Benchtop Spectroradiometers are advanced spectrophotometer devices that measure the spectral distribution of light. They can be used to study how different substances react with various wavelengths, as well as for physics and chemistry experiments.
Benchtop Spectroradiometers are often used for quality control in industries such as paint and plastics manufacturing, textile printing, and coating inspection since these devices can be calibrated to measure colors with high accuracy. They are also used extensively in commercial applications that require matching specific colors seen by human eyes - for example, computer monitor calibration or setting up printers’ ink cartridges.
On the basis of Types, the market is segmented into Field Spectroradiometer and Lab Spectroradiometer.
Field Spectroradiometer is a handheld device that can measure the spectral content of sunlight, or other light sources. The measurements contain quantitative information about atmospheric transmission and absorption phenomena in an area where no physical sensors are present, such as remote sensing from airplanes, space satellites, and unmanned aerial vehicles (UAVs). Field spectroradiometers are primarily used for measuring photosynthetically active radiation (PAR) levels on plants to provide growers with data concerning light availability that may affect plant growth/productivity.
A Lab Spectroradiometer is a type of benchtop spectroradiometer used in laboratories and industry for spectral analysis. The Lab Spectroradiometers are mainly made up of optical components, such as mirrors, lenses, etc., that allow light to be dispersed into its individual wavelengths. Lab Spectrometers use the principle of wavelength dispersion to measure various properties.
On the basis of Application, the market is segmented into Panel, Lighting, and Others.
Benchtop Spectroradiometers are also used in the production of panels, which is a key end-use segment. The market for this application is expected to grow at a significant pace over the forecast period due to increasing demand from panel manufacturers and rising sales of LED lights.
Benchtop Spectroradiometers are used in the lighting sector for testing and calibration. They can be employed to identify deficiencies due to lighting problems, as well as understand how fixtures will work with different surfaces such as walls or ceilings.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is estimated to hold the largest share in the global market. The Asia Pacific and Middle East & Africa regions are expected to grow at the fastest rate during the forecast period, owing to factors such as increasing technological developments in this region.
The factors which are propelling this growth trajectory include an increase in a number of scientific researches, a rise in demand for products with better functionality, and the increasing use of high-quality instruments for measuring spectral power distributions. Furthermore, manufacturers’ focus on developing better-performing spectrometers will also contribute to the expansion of this sector over the next few years.
Up Market Research published a new report titled “Benchtop Spectroradiometers Market research report which is segmented by Types (Field Spectroradiometers, Lab Spectroradiometers), By Applications (Panel, Lighting, Others), By Players/Companies Topcon Technohouse, Konica Minolta, Jadak Technologies (Photo Research), ABB, Gamma Scientific”.
Report Attributes | Report Details |
Report Title | Benchtop Spectroradiometers Market Research Report |
By Type | Field Spectroradiometers, Lab Spectroradiometers |
By Application | Panel, Lighting, Others |
By Companies | Topcon Technohouse, Konica Minolta, Jadak Technologies (Photo Research), ABB, Gamma Scientific |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 214 |
Number of Tables & Figures | 150 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Field Spectroradiometers, Lab Spectroradiometers and By Application Panel, Lighting, Others.
Some of the companies that are profiled in this report are:
Benchtop Spectroradiometers Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Benchtop Spectroradiometers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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