Market Overview

$20+ Billion Hyperspectral Imaging System Market - Global Forecast to 2023 - ResearchAndMarkets.com

Share:

The "Hyperspectral
Imaging System Market by Product & Application - Global Forecast to 2023"

report has been added to ResearchAndMarkets.com's
offering.

The global hyperspectral imaging systems market is projected to reach
USD 21.33 billion by 2023 from USD 9.51 billion in 2018, at a CAGR of
17.5%.

Factors driving the growth of this market are growing industrial
applications of hyperspectral imaging and increasing funding &
investments. However, data storage issues and high costs associated with
the use of hyperspectral imaging are expected to restrain the growth of
this market during the forecast period.

Based on product, the hyperspectral imaging systems market is segmented
into cameras and accessories. The cameras segment is expected to
dominate the market with the largest share and is also expected to grow
at the highest CAGR during the forecast period. This is attributed to
factors such as recent advances in sensor development & computing power
and the availability of low-cost cameras with widening industrial
applications.

On the basis of application, the hyperspectral imaging systems market is
segmented into military surveillance, remote sensing, machine vision and
optical sorting, life sciences and medical diagnostics, and other
applications. The military surveillance segment is expected to account
for the largest share of the hyperspectral imaging systems market in
2018.

The advancements in hyperspectral imaging data management and component
fabrication techniques as well as the better accuracy and consistency of
hyperspectral imaging data (as compared to other conventional imaging
techniques) are the major factors driving the adoption of hyperspectral
imaging systems in military surveillance applications.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Hyperspectral Imaging Systems Market, By Product

7 Hyperspectral Imaging Systems Market, By Application

8 Hyperspectral Imaging Systems Market, By Region

9 Competitive Landscape

10 Company Profiles

  • Headwall Photonics, Inc.
  • Corning Incorporated
  • Specim, Spectral Imaging Ltd.
  • Resonon
  • Telops Inc.
  • Norsk Elektro Optikk as (NEO)
  • Applied Spectral Imaging
  • Bayspec
  • Surface Optics Corporation
  • Chemimage Corporation
  • Cubert GmbH

For more information about this report visit https://www.researchandmarkets.com/research/6h73p6/20_billion?w=4

View Comments and Join the Discussion!