Hyperspectral Imaging Market Size, Share & Trends Analysis Report by Type, By Region, And Segment Forecasts, 2021 - 2027
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The Hyperspectral Imaging Market is expected to register a CAGR of 18.7% over the forecast period 2021 – 2027.
The study covers competitive landscape of top manufacturers are: Headwall Photonics, Specim, Resonon, IMEC, Surface Optics, Norsk Elektro Optikk A/S, Corning?NovaSol?, ITRES, Telops, BaySpec, Brimrose, Zolix, Wayho Technology
In 2020, Headwall Photonics (US) entered into an agreement with Ocean Insight (US). Under the terms of this agreement, Ocean Insight will distribute Headwall’s products through the company’s wide-ranging commercial channels in China. This would help Headwall to enhance its customer base.
In 2020, Specim, Spectral Imaging Ltd. (Finland) launched Specim AFX17. The Specim AFX17 camera collects data on near-infrared (NIR) region 900-1700 nm.
In 2021, Resonon, Inc. (US) launched Pika NUV2. This camera covers a spectral range of 330 - 800 nm, and is the only commercially available hyperspectral imager that scans ultraviolet light.
Global Hyperspectral Imaging Market Segmentation:
Segmentation By Type:
Short-Wave Infrared (SWIR)
Mid-Wave Infrared (MWIR)
Long-Wave Infrared (LWIR)
Others (UV-Vis, FT-IR, Combined technology, etc.)
Segmentation By Application:
National Defense Security
Environmental Monitoring and Mineralogy
Food and Agriculture
Life Sciences and Medical Diagnostics
Vegetation and Ecological Studies
Technological advancements, such as micro-hyperspectral imaging technology development, have led to improvements in data acquisition and analysis. Micro-hyperspectral technology addresses the need for small, lightweight, and efficient hyperspectral imaging instruments capable of being deployed in harsh environments. For instance, Specim offers Specim FX17, the smallest and fastest InGaAs-based near-infrared hyperspectral camera designed for industrial machine vision. The camera provides more detailed chemical, physical, and biological information, thereby saving money and time and reducing the amount of unrecyclable waste.
North America to Hold Maximum Market Share
Increasing innovations in surveillance and defense spending in the region are expected to drive the market's growth, besides the food & agriculture industries. Recently, the US military began using balloons to monitor activity across six states in the Midwest region. The 25 solar-powered balloons deployed to monitor portions of Iowa, Missouri, Minnesota, and Wisconsin can track multiple individuals or vehicles during the day and at night and surveil the events in an area. Such new deployments are anticipated to increase the adoption of hyperspectral imaging systems and devices.
The Hyperspectral Imaging Market research offers an in-depth analysis of market growth and other factors in key nations (regions), including:
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Highlights of Hyperspectral Imaging Market 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
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Table of Contents:
Global Hyperspectral Imaging Market Research Report 2021
Chapter 1 - Market Overview
Chapter 2 - Industry's Global Economic Impact
Chapter 3 - Manufacturers' Global Market Competition
Chapter 4 - Revenue (Value) by Region for Global Productions
Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import
Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type
Chapter 7- Global Market Analysis by Application
Chapter 8 - Manufacturing Cost Analysis
Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers
Chapter 10 - Marketing Strategy Analysis, Distributors/Traders
Chapter 11- Market Effect Factors Analysis
Chapter 12- Global Hyperspectral Imaging Market Forecast
The Global Hyperspectral Imaging Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.
Impact of Covid-19:
The influence of COVID-19 on market growth is considered in the research. The effect of the COVID-19 epidemic on the Hyperspectral Imaging Market and its major segments is enclosed in depth in this report. It also addresses the pandemic's present and future consequences, as well as a post-COVID-19 scenario to provide for a more in-depth knowledge of dynamic changes in the market.
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