Market Overview

Global Hyperspectral Imaging System Market 2018-2023 - Untapped Market Opportunities in Emerging Countries

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Global Hyperspectral Imaging System Market 2018-2023 - Untapped Market Opportunities in Emerging Countries

PR Newswire

DUBLIN, Aug. 22, 2018 /PRNewswire/ --

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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%

The growing industrial applications of hyperspectral imaging and increasing funding & investments are the major factors driving the growth of the global hyperspectral imaging systems market.

On the basis of product, the market is segmented into cameras and accessories. The cameras segment is expected to dominate the market in 2018. This is attributed to factors such as advancement in sensor development & computing power and the availability of low-cost cameras with widening industrial applications in this market.

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.

On the basis of remote sensing application, the hyperspectral imaging systems market is segmented into agriculture, environmental monitoring, mining/mineral mapping, and other remote sensing applications. The agriculture segment is expected to account for the largest share of the hyperspectral imaging systems market in 2018. Hyperspectral imaging offers various advantages in precision agriculture. For instance, hyperspectral imaging is a low-cost technology as compared to traditional scouting methods. Moreover, hyperspectral imaging offers consistent and accurate results, is simple to use, allows rapid assessment, and is non-destructive in nature. As a result of these advantages, the demand for hyperspectral imaging systems is increasing in precision agriculture.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Hyperspectral Imaging Systems Market Overview
4.2 Hyperspectral Imaging Systems Market, By Product, 2018 vs 2023 (USD Billion)
4.3 Hyperspectral Imaging Systems Market, By Application
4.4 Hyperspectral Imaging Systems Market, By Remote Sensing Application, 2018 to 2023
4.5 Hyperspectral Imaging Systems Market: Geographic Snapshot

5 Market Overview

5.1 Introduction
5.1.1 Market Drivers
5.1.1.1 Increasing Funding and Investments
5.1.1.2 Growing Industrial Applications of Hyperspectral Imaging
5.1.2 Market Restraints
5.1.2.1 Data Storage and High Costs Associated With the Use of Hyperspectral Imaging
5.1.3 Market Opportunities
5.1.3.1 Untapped Market Opportunities in Emerging Countries
5.1.4 Market Challenges
5.1.4.1 Attaining Super-Resolution in A Cost-Effective Manner

6 Hyperspectral Imaging Systems Market, By Product

6.1 Introduction
6.2 Cameras
6.3 Accessories

7 Hyperspectral Imaging Systems Market, By Application

7.1 Introduction
7.2 Military Surveillance
7.3 Remote Sensing
7.3.1 Agriculture
7.3.2 Mining/Mineral Mapping
7.3.3 Environmental Monitoring
7.3.4 Other Remote Sensing Applications
7.4 Life Sciences & Medical Diagnostics
7.5 Machine Vision & Optical Sorting
7.6 Other Applications

8 Hyperspectral Imaging Systems Market, By Region

8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 UK
8.3.4 Spain
8.3.5 Italy
8.3.6 Rest of Europe
8.4 Asia Pacific (APAC)
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific (RoAPAC)
8.5 Rest of the World (RoW)

9 Competitive Landscape

9.1 Overview
9.2 Hyperspectral Imaging Systems Market Ranking
9.3 Competitive Situation and Trends
9.3.1 Partnerships, Agreements, Contracts, and Collaborations (2015-2018)
9.3.2 Product Launches (2015-2018)
9.3.3 Acquisitions (2015-2018)
9.3.4 Expansions (2015-2018)

10 Company Profiles

10.1 Headwall Photonics, Inc.
10.2 Corning Incorporated
10.3 Specim, Spectral Imaging Ltd.
10.4 Resonon
10.5 Telops Inc.
10.6 Norsk Elektro Optikk as (NEO)
10.7 Applied Spectral Imaging
10.8 Bayspec
10.9 Surface Optics Corporation
10.10 Chemimage Corporation
10.11 Cubert GmbH

For more information about this report visit https://www.researchandmarkets.com/research/zrkm78/global?w=5

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