I designed, and my old company sells, a NIR/VIS spectrometer at around the £800 mark (I forget if that's Inc vat). It's easy to use, has a WiFi interface, a simple python API etc. It's a scientific grade instrument and comes calibrated.
The opinions here are mine, and I've left out any commercially sensitive stuff.
Why are these things expensive? The optical design is not trivial. Yes, it's fundamentally two mirros, a grating and a detector. But you also need a good optical bench inside which means baffling, multiple prototypes to figure out how to reduce stray light, making it strong enough to resist handling, etc. Mostly this means a CNC base.
The electronics for a precision instrument aren't cheap either. The ADC has to be fast and low noise which is expensive. The linear detector itself is expensive for what it is. The big companies put stuff like order sorting filters and coatings on the sensor - that's expensive. The OPLC is largely commodity components in a common configuration. They're also selling more units than we are!
Also don't forget labour. Although we went through several iterations to make assembly as easy for the engineers as possible, they're still all hand made. That takes time and so does calibration. You're paying for that, and so you don't have to buy a line emission lamp yourself.
So yes, Ocean Optics has a monopoly and they probably overcharge. We're about 0.3-0.5x the price with slightly lower performance accordingly. Going lower would be possible, but to be honest without the volume, BOM cost kills you.
http://www.is-instruments.com/phone/miniature-spectrometer.h...