Infrared (IR) Spectroscopy Market

By Technology;

Near-Infrared, Mid-Infrared, and Far-Infrared

By Product Type;

Benchtop IR Spectroscope, IR Microscopy, Portable IR Spectroscope, Hyphenated IR Spectroscope, and Terahertz IR Spectroscope

By Application;

Petrochemicals, Academics & Research, Security & Industrial Use and Others

By End User;

Healthcare & pharmaceuticals, Chemicals, Biological Research, Environmental, Consumer Electronics, and Food & Beverages

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn028545125 Published Date: August, 2025 Updated Date: September, 2025

Infrared (IR) Spectroscopy Market Overview

Infrared (IR) Spectroscopy Market (USD Million)

Infrared (IR) Spectroscopy Market was valued at USD 1,159.55 million in the year 2024. The size of this market is expected to increase to USD 1,562.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.


Infrared (IR) Spectroscopy Market

*Market size in USD million

CAGR 4.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.4 %
Market Size (2024)USD 1,159.55 Million
Market Size (2031)USD 1,562.20 Million
Market ConcentrationHigh
Report Pages346
1,159.55
2024
1,562.20
2031

Major Players

  • Shimadzu Corporation
  • ZEISS
  • PerkinElmer Inc.
  • Agilent Technologies, Inc
  • Bruker Corporation
  • ABB
  • Thermo Fisher Scientific Inc.
  • Horiba, Ltd
  • Sartorius AG

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Infrared (IR) Spectroscopy Market

Fragmented - Highly competitive market without dominant players


The Infrared (IR) Spectroscopy Market is witnessing strong growth as organizations adopt advanced tools for material analysis and quality verification. Nearly 55% of laboratories now use IR spectroscopy for its ability to deliver rapid and precise results, reinforcing its importance in research and industry.

Preference for Non-Destructive Testing Methods
Accuracy and sample preservation remain priorities, with over 60% of professionals favoring IR spectroscopy due to its non-destructive testing nature. This method enables detailed molecular identification without damaging the sample, making it indispensable in pharmaceuticals, food testing, and chemical industries.

Advancements Expanding Market Capabilities
Innovation is reshaping the sector, as around 45% of newly developed instruments now include portable models, enhanced monitoring, and intelligent software. These upgrades improve performance and accessibility, expanding the applications of IR spectroscopy across both research and commercial domains.

Broader Utilization Across Industries
Adoption continues to rise, with over 50% of applications linked to healthcare, chemical processing, and environmental monitoring. By ensuring accuracy in contamination detection, composition analysis, and compliance validation, IR spectroscopy is becoming a standard in modern quality management.

Innovation as a Long-Term Growth Driver
The market outlook remains positive, with nearly 40% of upcoming solutions featuring AI-enabled data analytics, higher sensitivity, and automated handling systems. These developments improve efficiency and reliability, ensuring IR spectroscopy remains a vital tool for evolving scientific and industrial requirements.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. IR Spectroscopy Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand in pharmaceuticals and healthcare
        2. Advancements in analytical and testing technologies
        3. Increasing adoption in environmental monitoring
      2. Restraints
        1. High initial investment costs
        2. Limited portability of equipment
        3. Technical expertise required for operation
      3. Opportunities
        1. Rising applications in food safety and quality control
        2. Expansion in emerging markets
        3. Integration with automation and AI for enhanced analysis
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. IR Spectroscopy Market, By Technology, 2021 - 2031 (USD Million)
      1. Near-infrared
      2. Mid-infrared
      3. Far-infrared
    2. IR Spectroscopy Market, By Product Type, 2021 - 2031 (USD Million)
      1. Benchtop IR Spectroscope
      2. IR Microscopy
      3. Portable IR Spectroscope
      4. Hyphenated IR Spectroscope
      5. Terahertz IR Spectroscope
    3. IR Spectroscopy Market, By Application, 2021 - 2031 (USD Million)

      1. Petrochemicals

      2. Academics & Research

      3. Security & Industrial Use

      4. Others

    4. IR Spectroscopy Market, By End User, 2021 - 2031 (USD Million)
      1. Healthcare & pharmaceuticals
      2. Chemicals
      3. Biological Research
      4. Environmental
      5. Consumer Electronics
      6. Food & Beverages
    5. IR Spectroscopy Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. LUMEX INSTRUMENTS
      2. MICROPTIK BV
      3. ISBEN PHOTONICS
      4. BAYSPEC INC.
      5. WASATCH PHOTONICS
  7. Analyst Views
  8. Future Outlook of the Market