With 8.9% CAGR, Process Spectroscopy Market Worth USD 1910.1 Million by 2025

Pune, India, July 07, 2022 (GLOBE NEWSWIRE) -- The global process spectroscopy market size is expected to reach USD 1910.1 Million by 2025 , exhibiting a CAGR of 8.9% between 2018 and 2025. The widespread adoption of NIR spectroscopy across several end-use industries the segment is expected to rise remarkably in terms of technology. This information is published by Fortune Business Insights™ in its report titled, "Process Spectroscopy Market Forecast, 2022-2025". As per the report, the global market size was USD 976.9 Million in 2018. Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/process-spectroscopy-market-105549 In 2017, the NRI spectroscopy segment accounted for an approximate share of 52.6% in the market. However, the FT-IR spectroscopy segment is expected to display a better performance as compared to the traditional methods of data reproducibility and collection speed, spectral quality, and easy application and maintenance. Thus, the FT-IR segment is expected to be the fastest growing segment with respect to technology. Report Scope & Segmentation Report Coverage Details Forecast Period 2018 to 2025 Forecast Period 2018 to 2025 CAGR 8.9% 2025 Value Projection USD 1910.1 Million Base Year 2017 Process Spectroscopy Market Size in 2017 USD 976.9 Million Historical Data for 2015 to 2017 Full story available on Benzinga.com