Mobile and Portable Spectrometers Market Trends

Growth Drivers

• Growing Use of LED Lights – The growing use of LED lights is expected to escalate the mobile and portable spectrometers market as portable handheld LED spectrometers are used to accurately measure the correlated color temperature, chromaticity, excitation purity (Pe), illuminance, luminous flux (in lumens-lm), RGB and dominant wavelength of light sources. For instance, it is estimated that LEDs are currently used in approximately 6 billion commercial buildings in the United States.
• Worldwide Escalating Ratio of Food Contamination - Access to enough amounts of safe and nutritious food is crucial for maintaining life and supporting good health. More than 250 diseases, ranging from diarrhea to cancer, are caused by unsafe food that contains hazardous bacteria, viruses, parasites, or chemical compounds. Therefore, the increasing ratio of food contamination, along with the rising awareness about food safety has been leading to the demand for enhanced food detection techniques that include the use of spectrometers too. Based on the World Health Organization report, each year, 420 000 people worldwide die and an estimated 600 million get sick from eating contaminated food, losing 33 million healthy life years (DALYs).
• Increasing Requirements of Soil Testing – For instance, in 2022, soil fertility testing was expected to account for around 30% of worldwide agricultural testing.
• An Upsurge in the Spending on New Technologies – For instance, the global ICT spending on new technologies was anticipated to reach over USD 1,180,000 million in 2022.
• Rising Food and Beverages Industry – According to statistics, the output of India’s food processing sector is expected to be more than USD 500 billion by 2025-26.

Challenges

• Concern about the Quality of the Database - One downside of these devices is that they require a constant update of the database. Such ambiguity is estimated to lower the quality and accuracy of the database. Hence, this factor is anticipated to hamper the market growth in the coming years.
• Not Viable for Color Measurement Application
• Possibility of Spectral Manipulation