Airborne Hyperspectral Imaging System Market Size & Share - Industry Trend and Forecast 2018 - 2026

The report analyzes and presents an overview of "Airborne Hyperspectral Imaging System Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026" worldwide.

The main objective of this report is to define, describe, and forecast the global “Airborne Hyperspectral Imaging System” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Hyperspectral imaging system are being applied to a number of areas, including the environment, land use, agricultural monitoring, and defense. Because of it individually captures spectral and spatial information, hyperspectral imagery is often processed by traditional automated image processing tools as well as analyst-interactive approaches derived from spectroscopy. Airborne HSI products often contain both quantitative and qualitative information, arranged in an image to show the spatial relationships present in a scene. Airborne hyper spectral imaging system (HSI) is a non-contract, non-destructive procedure which finds application in a wide range of industries. The airborne hyper spectral imaging system (HSI) includes group and dispensation of data which is together across an electromagnetic spectrum.

The airborne hyper spectral imaging system enables obtaining spectrum for every pixel in a particular image or a sequence of images. The airborne hyper spectral imaging system are used to find SWIR (shortwave infrared) spectrum region for providing in depth information about the composition of a medicine. This is not possible with the help of normal or standard imaging processes. There is growing adoption of airborne hyper spectral imaging system in the military. Rising application of airborne hyper spectral imaging system in surface vision and non-destructive testing is driving the growth of the market in developed countries. Airborne hyper spectral imaging system finds application in mineralogy, surveillance and physics among others. The only factor restraining the usage of airborne hyper spectral imaging system is the cost of acquiring these devices. Thus, with technological innovation and reduction in the price of airborne hyper spectral imaging systems in the near future is a key opportunity for the market growth especially in sectors like commercial sector and defense sector among others.

The market is segmented on the basis of component, technology, application, industry vertical, and geographical region. On the basis of component, the market is segmented into hyperspectral imaging camera, system control computer, system control software, SSD data storage, GPS/IMU, georectification software and others. On the basis of function, the global airborne hyper spectral imaging system market is segmented into spatial scanning, spectral scanning, spatiospectral scanning and others. By application, airborne hyper spectral imaging system market can be segmented into military surveillance, remote sensing, machine vision/optical sorting, and others. In support of industry vertical the global airborne hyper spectral imaging system market is subdivided into aerospace, defense and others. Rapid industrialization and growing demand in aerospace & defense industry, have propelled the growth in this segment. By geographical region, the global airborne hyper spectral imaging system market is split up into North America, Europe, Asia Pacific, Middle East & Africa and South America. Rapid development in emerging economies in defense such as China, Israel, U.S., and India will support the growth of the market over the forecast period.

Mergers & acquisitions, new product launches, investments, and partnerships & developments are the key policies adopted by market players to ensure their growth in the market. Some of the key players in the hyper spectral imaging (HSI) systems market Corning Incorporated (NovaSol), Specim, Headwall Photonics, Inc. , Norsk Elektro Optikk, Bayspec Inc Surface Optics Corporation, Chemimage Corporation, Galileo Group & SOVZOND, Norsk Elektro Optikk (Norway), Channel Systems, Applied Spectral Imaging, Inc. (The U.S.), Specim Spectral Imaging Ltd. (Finland), Resonon Inc. (The U.S.), Telops Inc. (Canada), Surface Optics Corporation (The U.S.), Chemimage Corporation (The U.S.), BaySpec Inc. (The U.S.), Headwall Photonics, Inc. (The U.S.), FLIR Systems (The U.S.), Teledyne Technologies International Corp (The U.S) and Thermo Fisher Scientific (The U.S.) among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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