Hyperspectral imaging has grown increasingly popular over the past ten years in military, industrial, and scientific arenas. The ability to precisely characterize the color of a viewed item, whether a camouflaged vehicle, a bruise on an arm or on fruit, or a wide swath of vegetation, allows the user to make informed decisions only dreamed of in the past. What once required large, delicate, and expensive laboratory spectrometers is now being done in real time aboard satellites, unmanned aerial vehicles, and portable handheld units.
Hyperspectral imaging (HSI) systems collects and operates information from the frequencies of electromagnetic radiation. It is used to get the spectrum of every pixel in the picture, identify material and finds it or detects the procedure. Normal human eye can see the visible lights in three bands (red, blue and green) but spectral imaging can split it into more bands. Inferable from its high-determination imaging abilities, HSI has picked up noticeable quality in the healthcare division. The advancement of therapeutic imaging capacities with the assistance of HSI innovation will move the market growth in future.
The Global Hyperspectral Imaging Systems Market accounted to USD 7.21 billion, growing at a CAGR of 11.70% during the forecast to 2026.
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Key players profiled in this report are: Hyperspectral Imaging Systems Market
Resonon (U.S.), Norsk Elektro Optikk AS (Norway), SPECIM, Spectral Imaging Ltd. (Finland), Applied Spectral Imaging (U.S.), Telops (Canada), BaySpec (U.S.), Corescan (Australia), Gilden Photonics (U.K), and Merrick & Company (U.S),ChemImage Corp. (U.S.), Surface Optics Corporation (U.S.), IMEC (Belgium), Brandywine Photonics LLC (U.S.), FluxData (U.S.), Corning Incorporated (U.S.), Headwall Photonics (U.S.) among others.
Focus of the report
- CAGR values in the market for the forecast period
- Key trends in the market place
- Major players and brands
- Historical and current market size and projection up to 2025.
- Detailed overview of parent market
- Changing market dynamics of the industry
Table of Content: Global Hyperspectral Imaging Systems Market
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Global Hyperspectral Imaging Systems Market Landscape
Part 04: Global Hyperspectral Imaging Systems Market Sizing
Part 05: Global Hyperspectral Imaging Systems Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Major Market Drivers and Restraints:
- More technological advancement in sensor designing
- Manufacturing of light weighted and low cost cameras
- Increase in the adoption of HSI in research
- High range of HSI along with higher processing complexity
Competitive Analysis: Hyperspectral Imaging Systems Market
The global hyperspectral imaging systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes hyperspectral imaging systems market shares for global, Europe, North America, Asia Pacific, and South America.
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- The latest developments, market shares, and strategies that are employed by the major market players
Segmentation: Hyperspectral Imaging Systems Market
- On the basis of components, global hyperspectral imaging systems market is segmented into hyperspectral cameras and accessories. In 2016, hyperspectral cameras held large market share due to the increase in new application adoption as well as low cost.
- On the basis of geography, global hyperspectral imaging systems market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved