Global Nir Analyzer Market Expected To Reach USD 0.80 Billion By 2020

Global Nir Analyzer Market Expected To Reach USD 0.80 Billion By 2020

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    It is estimated that the global Nir analyzer market was valued at USD 0.64 billion in 2015, and is expected to reach about USD 0.80 billion by 2020, registering a CAGR of 4.95% during the forecast period from 2016 to 2020.

    Near-infrared (NIR) Analyzer is a spectroscopic method that uses the near-infrared region of the electromagnetic spectrum (from about 780 nm to 2500 nm). At present, it is widely used in agricultural products, food, feed, chemical industry, pharmaceutical industry. Among them, food industry is projected to the largest market of Nir analyzer.

    On the basis of product type, Nir Analyzer can be divided into Benchtop Nir Analyzer and Protable Nir Analyzer. According to the estimate, portable Nir analyzer will lead the global near infrared analyzer market.

    In terms of geographies, North America holds a major market share of global Nir analyzer, followed by Europe. Asia Pacific region will expand with the highest growth rate, owing to the government is paying more and more attention to the importance of food safety.

    Near infrared (NIR) analytical technique is a new and high technology in the field of analytical chemistry, more and more attention from domestic and foreign experts, and is known as “giant” in analytical chemistry, it can be said that its appearance has brought another revolution in analytical technology.
    The key players in global Nir analyzer market as follows


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    The report firstly introduced the Nir Analyzer basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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    Joanna | Executive – International Business and partner Relations
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