The global process spectroscopy market is driven by the increasing focus on reducing variable expenses of reducing scrap and rework processes, rapid development of pharmaceutical, oil and gas, and chemical sectors in developing economies in the Middle East, Asia Pacific, and Africa, the rising emphasis on matching international standards of quality across the industries, and development of handheld and portable instruments equipped with wireless connectivity. On the flip side, the global market is challenged by high product pricing and high capital investment. The process spectroscopy market is segmented on the basis of technology into Raman spectroscopy, near infrared (NIR) spectroscopy, and fourier transform infrared (FT-IR) spectroscopy. In terms of...