Transmission spectroscopy, eclipse/emission spectroscopy and direct-imaging spectroscopy probe atmospheres in complementary geometries.
A exoplanet transmission spectrum uses the wavelength dependence of primary-transit depth to measure slant-path absorption at the limb. Its long path length gives sensitivity to trace absorbers, but only transiting systems qualify; exoplanet clouds, stellar heterogeneity and the reference-radius/abundance degeneracy complicate interpretation, and the result samples the terminator rather than the dayside.
An exoplanet secondary eclipse isolates the dayside thermal/reflected spectrum by removing the planet behind the star. It constrains brightness temperatures, molecules and thermal inversions, but the planet/star contrast is small, a suitable orbital geometry is needed, and temperature-abundance degeneracies remain. A exoplanet thermal phase curve extends this method to longitudinal information.
Exoplanet direct imaging spatially separates a planet from its star and permits repeated spectroscopy without requiring a transit. It is effective for young, luminous, widely separated giant planets, but demands high contrast and angular separation; old small planets close to their stars are difficult. Inferred gravities, radii and masses can depend strongly on atmosphere and evolutionary models.

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