North America Process Spectroscopy Market Size, Share & Trends Analysis Report By Component (Hardware, and Software), By Technology, By Application, By Country and Growth Forecast, 2024

List of Tables

The North America Process Spectroscopy Market would witness market growth of 10.1% CAGR during the forecast period (2024-2031).

The US market dominated the North America Process Spectroscopy Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $13,269 million by 2031. The Canada market is experiencing a CAGR of 12.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 11.6% during (2024 - 2031).

The applications of process spectroscopy are vast and varied, spanning multiple industries that rely on precise analysis and monitoring to ensure product quality and operational efficiency. Process spectroscopy is a critical component of drug development and manufacturing in the pharmaceutical sector. NIR and Raman spectroscopy are widely used for in-line monitoring processes like blending, granulation, and tablet compression, ensuring compliance with stringent guidelines set by agencies like the U.S. Food and Drug Administration (FDA) under its Process Analytical Technology (PAT) framework. This real-time analysis helps detect impurities, verify raw materials, and optimize reaction kinetics, reducing production defects and enhancing drug safety.

Additionally, process spectroscopy plays an equally vital role in the food and agriculture industry. NIR spectroscopy, for instance, is employed to analyze soil composition, monitor crop health, and assess the quality of food products by measuring parameters such as moisture, fat, protein, and carbohydrate content. This ensures consistency, safety, and compliance with regulatory standards while enabling farmers to optimize fertilization and irrigation practices.

With the food and beverage processing industry being the largest manufacturing sector in Canada, generating $156.5 billion in production value in 2022, the demand for advanced quality assurance technologies is on the rise. Process spectroscopy plays a key role in food safety, ingredient analysis, and contamination detection, ensuring compliance with strict Canadian food regulations. Additionally, the 14.1% growth in food and beverage exports, reaching a record $54.3 billion, underscores the need for high-quality standards, further fuelling the adoption of spectroscopy techniques such as Near-Infrared (NIR) and Raman spectroscopy. The growing use of automation in food processing plants also enhances the integration of spectroscopic systems, driving market expansion.

Based on Component, the market is segmented into Hardware, and Software. Based on Technology, the market is segmented into Mass Spectroscopy, Molecular Spectroscopy (NMR, FT-IR, NIR, Raman, and Other Mass Spectroscopy), and Atomic Spectroscopy. Based on Application, the market is segmented into Pharmaceutical, Food & Agriculture, Chemical, Oil & Gas, Polymer, Water & Wastewater, Pulp & Paper, Metal & Mining, and Other Applications. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

ABB Ltd.
Agilent Technologies, Inc.
Bruker Corporation
BUCHI Labortechnik AG
Danaher Corporation
Horiba Ltd.
Sartorius AG
Shimadzu Corporation
Thermo Fisher Scientific, Inc.
Yokogawa Electric Corporation

North America Process Spectroscopy Market Report Segmentation

By Component

Hardware
Software

By Technology

Mass Spectroscopy
Molecular Spectroscopy
- NMR
- FT-IR
- NIR
- Raman
- Other Mass Spectroscopy
Atomic Spectroscopy

By Application

Pharmaceutical
Food & Agriculture
Chemical
Oil & Gas
Polymer
Water & Wastewater
Pulp & Paper
Metal & Mining
Other Applications

By Country

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Process Spectroscopy Market, by Component
- 1.4.2 North America Process Spectroscopy Market, by Technology
- 1.4.3 North America Process Spectroscopy Market, by Application
- 1.4.4 North America Process Spectroscopy Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Geographical Expansion
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Aug - 2025, Jan) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America Process Spectroscopy Market by Component

5.1 North America Hardware Market by Country
5.2 North America Software Market by Country

Chapter 6. North America Process Spectroscopy Market by Technology

6.1 North America Mass Spectroscopy Market by Country
6.2 North America Molecular Spectroscopy Market by Country
6.3 North America Process Spectroscopy Market by Molecular Spectroscopy Type
- 6.3.1 North America NMR Market by Country
- 6.3.2 North America FT-IR Market by Country
- 6.3.3 North America NIR Market by Country
- 6.3.4 North America Raman Market by Country
- 6.3.5 North America Other Mass Spectroscopy Market by Country
6.4 North America Atomic Spectroscopy Market by Country

Chapter 7. North America Process Spectroscopy Market by Application

7.1 North America Pharmaceutical Market by Country
7.2 North America Food & Agriculture Market by Country
7.3 North America Chemical Market by Country
7.4 North America Oil & Gas Market by Country
7.5 North America Polymer Market by Country
7.6 North America Water & Wastewater Market by Country
7.7 North America Pulp & Paper Market by Country
7.8 North America Metal & Mining Market by Country
7.9 North America Other Applications Market by Country

Chapter 8. North America Process Spectroscopy Market by Country

8.1 US Process Spectroscopy Market
- 8.1.1 US Process Spectroscopy Market by Component
- 8.1.2 US Process Spectroscopy Market by Technology
  - 8.1.2.1 US Process Spectroscopy Market by Molecular Spectroscopy Type
- 8.1.3 US Process Spectroscopy Market by Application
8.2 Canada Process Spectroscopy Market
- 8.2.1 Canada Process Spectroscopy Market by Component
- 8.2.2 Canada Process Spectroscopy Market by Technology
  - 8.2.2.1 Canada Process Spectroscopy Market by Molecular Spectroscopy Type
- 8.2.3 Canada Process Spectroscopy Market by Application
8.3 Mexico Process Spectroscopy Market
- 8.3.1 Mexico Process Spectroscopy Market by Component
- 8.3.2 Mexico Process Spectroscopy Market by Technology
  - 8.3.2.1 Mexico Process Spectroscopy Market by Molecular Spectroscopy Type
- 8.3.3 Mexico Process Spectroscopy Market by Application
8.4 Rest of North America Process Spectroscopy Market
- 8.4.1 Rest of North America Process Spectroscopy Market by Component
- 8.4.2 Rest of North America Process Spectroscopy Market by Technology
  - 8.4.2.1 Rest of North America Process Spectroscopy Market by Molecular Spectroscopy Type
- 8.4.3 Rest of North America Process Spectroscopy Market by Application

Chapter 9. Company Profiles

9.1 ABB Ltd.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
  - 9.1.5.1 Product Launches and Product Expansions:
  - 9.1.5.2 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
9.2 Agilent Technologies, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
  - 9.2.5.1 Partnerships, Collaborations, and Agreements:
  - 9.2.5.2 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
9.3 Bruker Corporation
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
  - 9.3.5.1 Partnerships, Collaborations, and Agreements:
  - 9.3.5.2 Product Launches and Product Expansions:
  - 9.3.5.3 Acquisition and Mergers:
  - 9.3.5.4 Geographical Expansions:
- 9.3.6 SWOT Analysis
9.4 BUCHI Labortechnik AG
- 9.4.1 Company Overview
9.5 Danaher Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 SWOT Analysis
9.6 Horiba Ltd.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Regional & Segmental Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
  - 9.6.5.1 Partnerships, Collaborations, and Agreements:
  - 9.6.5.2 Acquisition and Mergers:
- 9.6.6 SWOT Analysis
9.7 Sartorius AG
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
  - 9.7.5.1 Partnerships, Collaborations, and Agreements:
  - 9.7.5.2 Product Launches and Product Expansions:
- 9.7.6 SWOT Analysis
9.8 Shimadzu Corporation
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
  - 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.8.6 SWOT Analysis
9.9 Thermo Fisher Scientific, Inc.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
  - 9.9.5.1 Product Launches and Product Expansions:
  - 9.9.5.2 Acquisition and Mergers:
- 9.9.6 SWOT Analysis
9.10. Yokogawa Electric Corporation
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 Recent strategies and developments:
  - 9.10.5.1 Product Launches and Product Expansions:
- 9.10.6 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Process Spectroscopy Market, 2020 - 2023, USD Million
TABLE 2 North America Process Spectroscopy Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- Process Spectroscopy Market
TABLE 4 Product Launches And Product Expansions- Process Spectroscopy Market
TABLE 5 Acquisition and Mergers- Process Spectroscopy Market
TABLE 6 Geographical Expansion- Process Spectroscopy Market
TABLE 7 North America Process Spectroscopy Market by Component, 2020 - 2023, USD Million
TABLE 8 North America Process Spectroscopy Market by Component, 2024 - 2031, USD Million
TABLE 9 North America Hardware Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Hardware Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Software Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Software Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Process Spectroscopy Market by Technology, 2020 - 2023, USD Million
TABLE 14 North America Process Spectroscopy Market by Technology, 2024 - 2031, USD Million
TABLE 15 North America Mass Spectroscopy Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Mass Spectroscopy Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Molecular Spectroscopy Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Molecular Spectroscopy Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Process Spectroscopy Market by Molecular Spectroscopy Type, 2020 - 2023, USD Million
TABLE 20 North America Process Spectroscopy Market by Molecular Spectroscopy Type, 2024 - 2031, USD Million
TABLE 21 North America NMR Market by Country, 2020 - 2023, USD Million
TABLE 22 North America NMR Market by Country, 2024 - 2031, USD Million
TABLE 23 North America FT-IR Market by Country, 2020 - 2023, USD Million
TABLE 24 North America FT-IR Market by Country, 2024 - 2031, USD Million
TABLE 25 North America NIR Market by Country, 2020 - 2023, USD Million
TABLE 26 North America NIR Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Raman Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Raman Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Other Mass Spectroscopy Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Other Mass Spectroscopy Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Atomic Spectroscopy Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Atomic Spectroscopy Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Process Spectroscopy Market by Application, 2020 - 2023, USD Million
TABLE 34 North America Process Spectroscopy Market by Application, 2024 - 2031, USD Million
TABLE 35 North America Pharmaceutical Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Pharmaceutical Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Food & Agriculture Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Food & Agriculture Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Chemical Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Chemical Market by Country, 2024 - 2031, USD Million
TABLE 41 North America Oil & Gas Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Oil & Gas Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Polymer Market by Country, 2020 - 2023, USD Million
TABLE 44 North America Polymer Market by Country, 2024 - 2031, USD Million
TABLE 45 North America Water & Wastewater Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Water & Wastewater Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Pulp & Paper Market by Country, 2020 - 2023, USD Million
TABLE 48 North America Pulp & Paper Market by Country, 2024 - 2031, USD Million
TABLE 49 North America Metal & Mining Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Metal & Mining Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Other Applications Market by Country, 2020 - 2023, USD Million
TABLE 52 North America Other Applications Market by Country, 2024 - 2031, USD Million
TABLE 53 North America Process Spectroscopy Market by Country, 2020 - 2023, USD Million
TABLE 54 North America Process Spectroscopy Market by Country, 2024 - 2031, USD Million
TABLE 55 US Process Spectroscopy Market, 2020 - 2023, USD Million
TABLE 56 US Process Spectroscopy Market, 2024 - 2031, USD Million
TABLE 57 US Process Spectroscopy Market by Component, 2020 - 2023, USD Million
TABLE 58 US Process Spectroscopy Market by Component, 2024 - 2031, USD Million
TABLE 59 US Process Spectroscopy Market by Technology, 2020 - 2023, USD Million
TABLE 60 US Process Spectroscopy Market by Technology, 2024 - 2031, USD Million
TABLE 61 US Process Spectroscopy Market by Molecular Spectroscopy Type, 2020 - 2023, USD Million
TABLE 62 US Process Spectroscopy Market by Molecular Spectroscopy Type, 2024 - 2031, USD Million
TABLE 63 US Process Spectroscopy Market by Application, 2020 - 2023, USD Million
TABLE 64 US Process Spectroscopy Market by Application, 2024 - 2031, USD Million
TABLE 65 Canada Process Spectroscopy Market, 2020 - 2023, USD Million
TABLE 66 Canada Process Spectroscopy Market, 2024 - 2031, USD Million
TABLE 67 Canada Process Spectroscopy Market by Component, 2020 - 2023, USD Million
TABLE 68 Canada Process Spectroscopy Market by Component, 2024 - 2031, USD Million
TABLE 69 Canada Process Spectroscopy Market by Technology, 2020 - 2023, USD Million
TABLE 70 Canada Process Spectroscopy Market by Technology, 2024 - 2031, USD Million
TABLE 71 Canada Process Spectroscopy Market by Molecular Spectroscopy Type, 2020 - 2023, USD Million
TABLE 72 Canada Process Spectroscopy Market by Molecular Spectroscopy Type, 2024 - 2031, USD Million
TABLE 73 Canada Process Spectroscopy Market by Application, 2020 - 2023, USD Million
TABLE 74 Canada Process Spectroscopy Market by Application, 2024 - 2031, USD Million
TABLE 75 Mexico Process Spectroscopy Market, 2020 - 2023, USD Million
TABLE 76 Mexico Process Spectroscopy Market, 2024 - 2031, USD Million
TABLE 77 Mexico Process Spectroscopy Market by Component, 2020 - 2023, USD Million
TABLE 78 Mexico Process Spectroscopy Market by Component, 2024 - 2031, USD Million
TABLE 79 Mexico Process Spectroscopy Market by Technology, 2020 - 2023, USD Million
TABLE 80 Mexico Process Spectroscopy Market by Technology, 2024 - 2031, USD Million
TABLE 81 Mexico Process Spectroscopy Market by Molecular Spectroscopy Type, 2020 - 2023, USD Million
TABLE 82 Mexico Process Spectroscopy Market by Molecular Spectroscopy Type, 2024 - 2031, USD Million
TABLE 83 Mexico Process Spectroscopy Market by Application, 2020 - 2023, USD Million
TABLE 84 Mexico Process Spectroscopy Market by Application, 2024 - 2031, USD Million
TABLE 85 Rest of North America Process Spectroscopy Market, 2020 - 2023, USD Million
TABLE 86 Rest of North America Process Spectroscopy Market, 2024 - 2031, USD Million
TABLE 87 Rest of North America Process Spectroscopy Market by Component, 2020 - 2023, USD Million
TABLE 88 Rest of North America Process Spectroscopy Market by Component, 2024 - 2031, USD Million
TABLE 89 Rest of North America Process Spectroscopy Market by Technology, 2020 - 2023, USD Million
TABLE 90 Rest of North America Process Spectroscopy Market by Technology, 2024 - 2031, USD Million
TABLE 91 Rest of North America Process Spectroscopy Market by Molecular Spectroscopy Type, 2020 - 2023, USD Million
TABLE 92 Rest of North America Process Spectroscopy Market by Molecular Spectroscopy Type, 2024 - 2031, USD Million
TABLE 93 Rest of North America Process Spectroscopy Market by Application, 2020 - 2023, USD Million
TABLE 94 Rest of North America Process Spectroscopy Market by Application, 2024 - 2031, USD Million
TABLE 95 Key Information - ABB Ltd.
TABLE 96 key Information - Agilent Technologies, Inc.
TABLE 97 Key Information - Bruker Corporation
TABLE 98 key information - BUCHI LABORTECHNIK AG
TABLE 99 Key Information - Danaher Corporation
TABLE 100 Key Information - Horiba Ltd.
TABLE 101 KEY INFORMATION - Sartorius AG
TABLE 102 Key Information - Shimadzu Corporation
TABLE 103 Key Information - Thermo Fisher Scientific, Inc.
TABLE 104 Key Information - Yokogawa Electric Corporation

LIST OF FIGURES

FIG 1 Methodology for the research
FIG 2 North America Process Spectroscopy Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Process Spectroscopy Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, aug - 2025, Jan) Leading Players
FIG 8 Porter's Five Forces Analysis - Process Spectroscopy Market
FIG 9 North America Process Spectroscopy Market share by Component, 2023
FIG 10 North America Process Spectroscopy Market share by Component, 2031
FIG 11 North America Process Spectroscopy Market by Component, 2020 - 2031, USD Million
FIG 12 North America Process Spectroscopy Market share by Technology, 2023
FIG 13 North America Process Spectroscopy Market share by Technology, 2031
FIG 14 North America Process Spectroscopy Market by Technology, 2020 - 2031, USD Million
FIG 15 North America Process Spectroscopy Market share by Application, 2023
FIG 16 North America Process Spectroscopy Market share by Application, 2031
FIG 17 North America Process Spectroscopy Market by Application, 2020 - 2031, USD Million
FIG 18 North America Process Spectroscopy Market share by Country, 2023
FIG 19 North America Process Spectroscopy Market share by Country, 2031
FIG 20 North America Process Spectroscopy Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: abb ltd.
FIG 22 SWOT Analysis: ABB ltd.
FIG 23 Recent strategies and developments: agilent technologies, inc.
FIG 24 Swot Analysis: Agilent Technologies, Inc.
FIG 25 Recent strategies and developments: Bruker Corporation
FIG 26 Swot Analysis: Bruker Corporation
FIG 27 SWOT Analysis: Danaher Corporation
FIG 28 Recent strategies and developments: Horiba Ltd.
FIG 29 Swot Analysis: Horiba Ltd.
FIG 30 Recent strategies and developments: Sartorius AG
FIG 31 SWOT Analysis: Sartorius AG
FIG 32 Swot Analysis: Shimadzu Corporation
FIG 33 Recent strategies and developments: Thermo Fisher Scientific, Inc.
FIG 34 SWOT Analysis: Thermo Fisher Scientific, Inc.
FIG 35 SWOT Analysis: Yokogawa Electric Corporation

North America Process Spectroscopy Market Size, Share & Trends Analysis Report By Component (Hardware, and Software), By Technology, By Application, By Country and Growth Forecast, 2024 - 2031

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