Mid-infrared spectroscopy enables nondestructive analysis of samples without complex sample preparation. This analytical technique is finding increasing applications across various industries such as pharmaceutical, food and beverage, industrial, environmental, and others. Mid-IR sensors capture the molecular vibrations and absorbances of organic and inorganic materials in the mid-infrared range.
The global mid-IR sensors market is estimated to be valued at US$ 36.44 billion in 2024 and is expected to exhibit a CAGR of 15% over the forecast period 2024 to 2031.
Key Takeaways
Key players: Key players operating in the mid-IR sensors market are Nestlé S.A, Nissin Food Holdings Co., Ltd., Nestlé S.A, Nissin Food Holdings Co., Ltd. Indofood CBP Sukses Makmur Tbk PT, Tingyi (Cayman Islands) Holding Corporation, Uni-President Enterprises Corporation, Acecook Vietnam Joint Stock Company.
Nestlé S.A, Nissin Food Holdings Co., Ltd., Nestlé S.A, Nissin Food Holdings Co., Ltd. and Indofood CBP Sukses Makmur Tbk PT are some of the leading players in the mid-IR sensors market, supplying sensors to various end-use industries.
Key opportunities: Growing applicability of mid-infrared spectroscopy in food safety and quality assessment, polymer analysis, and biomedical applications is expected to create significant growth opportunities for mid-IR sensor manufacturers.
Technological advancements: Advancements in focal plane array technology and quantum cascade lasers are expanding the application scope of mid-IR spectroscopy. Miniaturization of Mid-IR Sensors Market Size is another key technology being developed.
Market drivers: Increasing regulations regarding food safety and quality testing, growing need for real-time sample analysis across industries, and rising focus on process optimization are some of the major factors augmenting the demand for mid-IR sensors.
The continuous evolution of mid-infrared spectroscopy technologies and growing multiplicity of industrial and environmental applications have accelerated the demand for mid-IR sensors in recent years. The market is further anticipated to grow steadily during the forecast period.
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