Although nuclear magnetic resonance (NMR) is one of the most powerful analytical techniques, it has not been widely used as a non-destructive, non-contact inline industrial sensor. A short background of NMR spectroscopy fundamentals and instrumentation is presented along with its potential applications and limitations for real-time analysis in the manufacturing sector. NMR signals are generated in the presence of a magnetic field normally produced by expensive large and heavy magnets which have been the major limiting factor in the use of NMR analysis in factories. However, the last decade has brought substantial advances in the development of cheaper, smaller, and lighter permanent magnets based on rare earth materials that use Halbach an...