Market Research Future (MRFR), in its latest report on the global portable spectrometer market 2020, reveals different aspects of the market and potential forces that can impact the market dynamics. The influence of COVID 19 outbreak on the portable spectrometer market is also revealed in the report. As per MRFR data, the portable spectrometer market can register 10.06% CAGR across the review period. The portable spectrometer global market valuation can surge from USD 1.24 billion to USD 2.15 billion by the end of the review period.
The surge in the application of portable spectrometer can support the rise of the market across the study period. The increase in the awareness about effective features of potable spectrometer, such as easy portability and high degree of compactness can underpin the rise of the study period. In addition, the cost effectiveness of portable spectrometer can boost the rise of the market in the coming years. The availability of effective technical support and the presence of required facility to connect portable spectrometer with gadgets, such as tablets, laptop, and smartphone can favour the growth of the portable market across the analysis review period in the near future.
ABB (Switzerland), PerkinElmer Inc. (US), Shimadzu Scientific Instruments (Japan), Oxford Instruments plc (UK), Rigaku Corporation (US), TSI (US), Thermo Fisher (US), Bruker (US), Anton Paar GmbH (Austria), Metrohm AG (Switzerland), Agilent Technologies, Inc. (US), Hitachi, Ltd (Japan), Newport Corporation (US), and Jasco (US) are some notable names in the portable spectrometer market as listed by MRFR.