Hyperspectral Imaging Systems Market Enabling Growth Through Continuous Improvement

(Heraldkeepers via Comtex)

The Hyperspectral Imaging Systems Market size is projected to reach USD XX Million by 2026, from USD XX Million in 2020 growing at a CAGR of XX during 2021-2026. The research covers the current and historic hyperspectral imaging systems market size and its growth trend with company outline of Key players/manufacturers: Headwall Photonics, Inc., Spectral Imaging Ltd., Norsk Elektro Optikk AS, Corning Incorporated, Resonon, Inc., Surface Optics Corporation, CytoViva, Inc., Raytheon Company, ChemImage Corporation, Cubert GmbH, and HyperMed Imaging, Inc., among others.

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This global Hyperspectral Imaging Systems market report identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the industry with analysis on vendors, geographical regions, types, and applications. This Hyperspectral Imaging Systems market study estimates the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. This report proves to be an indispensable document for every market enthusiast, policymaker, investor, and player. This global Hyperspectral Imaging Systems market research report is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.

With the effectual use of technology, innovative applications and expertise, this Hyperspectral Imaging Systems market research report has been generated which successfully manages bulky and complex market data tables. To give clear idea about the current and future marketplace, most up to date market insights and analysis has been offered via this report. Several critical market factors covered in this Hyperspectral Imaging Systems Market report consist of primary research, benchmarking studies, secondary research, company profiles, competitive intelligence & reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming. Market research report execution is becoming very central for the businesses to gain success because it offers insights into revenue growth and sustainability initiative.

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DRIVER: Increasing funding and investment

Hyperspectral Imaging System(HSI) is an innovative technology used to acquire and analyze images of an object. With continuous advancements in hardware and software for image processing and analysis, HSI is increasingly being used in a number of research projects across the globe. HSI offers several advantages, such as higher specificity and granularity, higher image acquisition speed as compared to other spectral imagers, and non-invasive imaging. Considering its advantages, the technique is used in various application areas with support from authorities in the form of funding and grants.

RESTRAINT: Data storage challenges and high cost

HSI is a complex process that involves a huge amount of data and thus requires large storage space and enhanced software technologies to analyze data in a shorter time frame. Although HSI has immense potential for various applications, the high cost of the equipment and manufacturing processes and the requirement of large volumes of data for acquisition and processing are limiting its adoption for real-time commercial purposes.

OPPORTUNITY: Untapped market opportunities in emerging economies

Emerging economies in Asia and Latin America are expected to offer significant growth opportunities for players in the HSI systems market. In China, for instance, a number of hyperspectral sensors were designed and launched to meet the rising demand for precise and fast mapping of natural resources using remote sensing applications. In September 2019, China launched five new remote sensing satellites under the project Zhuhai-1, which is comprised of 34 micro-nano satellites, including video, HSI, and high-resolution optical satellites, as well as radar and infrared satellites. Furthermore, in May 2018, China launched Gaofen-5 (GF-5), a remote sensing HSI satellite for atmospheric research.

Recent Developments

In 2019, Headwall Photonics launched its advanced sensor payloads (consisting of hyperspectral sensors and LIDAR for unmanned aerial vehicle platforms)

In 2018, SPECIM opened a new facility in Espoo, Finland

In 2018, Telops signed a distribution agreement with Infrared Imaging LLC. This agreement strengthened the position of Telops in the US market.

Major Classifications are as follows:

Hyperspectral Imaging Systems Market: By Product

Cameras
Accessories

Hyperspectral Imaging Systems Market: By Technology

Pushbroom
Snapshot
Other

Hyperspectral Imaging Systems Market: By Application

Military Surveillance
Remote Sensing
Agriculture
Mining/Mineral Mapping
Environmental Monitoring
Life Sciences & Medical Diagnostics
Machine Vision & Optical Sorting
Other

Hyperspectral Imaging Systems Market: By Geography

Europe
Germany
France
United Kingdom
Italy
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Rest of Asia Pacific
North America
U.S.
Canada
South America
Brazil
Argentina
Rest of South America
Rest of the World
Middle East
Africa

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Hyperspectral Imaging Systems Market : Report Chapters

Chapter 01 - Executive Summary

Chapter 02 - Market Overview

Chapter 03 - Key Market Trends

Chapter 04 - Key Success Factors

Chapter 05 - Global Hyperspectral Imaging Systems Market – Pricing Analysis

Chapter 06 - Global Hyperspectral Imaging Systems Market Demand (in Value or Size in US$ Mn) Analysis and Forecast, 2021-2026

Chapter 07 - Market Background

Chapter 08 - Global Hyperspectral Imaging Systems Market Analysis () & Opportunity Assessment , By Product Type

Chapter 09 - Global Hyperspectral Imaging Systems Market Analysis & Opportunity Assessment , by Distribution Channel

Chapter 10 - Global Hyperspectral Imaging Systems Market Analysis & Opportunity Assessment , by Region

Chapter 11 - North America Hyperspectral Imaging Systems market Analysis & Opportunity Assessment

Chapter 12 - Latin America Hyperspectral Imaging Systems Market Analysis & Opportunity Assessment

Chapter 13 -Europe Hyperspectral Imaging Systems market Analysis & Opportunity Assessment

Chapter 14 - East Asia Hyperspectral Imaging Systems market Analysis and Forecast

Chapter 15 - South Asia Hyperspectral Imaging Systems market Analysis and Forecast

Chapter 16 - Oceania Hyperspectral Imaging Systems market Analysis and Forecast

Chapter 17 - MEA Hyperspectral Imaging Systems market Analysis & Opportunity Assessment

Chapter 18 - Market Structure Analysis

Chapter 19 - Competition Analysis

Chapter 20 - Assumptions and Acronyms Used

Chapter 21 - Research Methodology

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COMTEX_393405164/2582/2021-09-15T17:53:47