The goal of this involvement is to bring spectroscopy closer to the end-users and provide spectrometers able to operate on-field or in-line. The high potential of compact spectrometers is recognized for a wide variety of applications: chemistry, pharmaceutics, agro-food, agriculture, forensics, healthcare, consumer applications, … But its emergence as a large volume market faces a major bottleneck. Each application implies specific processes and analyses and specific parameters to control, i.e. a specific interpretation of the raw spectra in order to provide information usable by nonphotonic experts.
Who is going to pay for that adaptation effort? Are there ways for reducing the adaptation costs, by means of selflearning algorithms and/or flexible and easily adaptable sensors? In other words, who is going to catch the value?
In this article, we will investigate the potential of each major industrial application market and provide market data. We will also wonder, what are the strengths and weaknesses of the different players - spectrometer manufacturers, algorithms developers, full-systems providers, … - to catch the value of the compact spectrometer market.