COVID-19 Impact Analysis on Hyperspectral Imaging Systems Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2028. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the hyperspectral imaging systems market include Headwall Photonics, Inc. (US), Specim, Spectral Imaging Ltd. (Finland), Corning Incorporated (US), Norsk Elektro Optikk AS (Norway), Resonon Inc. (US), Telops (Canada), Surface Optics Corporation (US), CytoViva, Inc. (US), Applied Spectral Imaging Ltd. (US), Raytheon Company (US), ChemImage Corporation (US), Cubert GmbH (Germany), BaySpec, Inc. (US), Glana Sensors AB (Sweden), Inno-Spec GmbH (Germany), Clyde HSI (Scotland), Imec (Belgium), Brandywine Photonics (US), XIMEA (Germany), Photon etc. (Canada), Gamaya (Switzerland), Hinalea Imaging (US), Diaspective Vision GmbH (Germany), Orbital Sidekick (US), and HyperMed Imaging, Inc. (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The global hyperspectral imaging systems market is being driven by the growing industrial applications of hyperspectral imaging. One of the key drivers of the hyperspectral imaging systems market is increasing financing and investments in imaging techniques by private and governmental sectors worldwide. There have been significant developments in spectrographs and detector designs throughout the years, resulting in lower prices and increased instrumentation capabilities. As a result, HSI is becoming more widely used in a variety of applications. Hyperspectral cameras, unlike regular cameras, acquire a 3D picture cube and spectral information, making them ideal for any situation in which images must cover a broad area and encode an enormous amount of data in a single shot. The market's growth might be limited by data storage concerns and the high costs involved with hyperspectral photography.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of hyperspectral imaging systems. The growth and trends of hyperspectral imaging systems industry provide a holistic approach to this study.
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Market Segmentation
This section of the hyperspectral imaging systems market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
· Cameras
· Accessories
By Technology
· Push Broom
· Snapshot
· Other Technologies
By Application
· Military Surveillance
· Remote Sensing
· Agriculture
· Mining/Mineral Mapping
· Environmental Monitoring
· Other Remote Sensing Applications
· Life Sciences & Medical Diagnostics
· Machine Vision & Optical Sorting
· Other Applications
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Hyperspectral Imaging Systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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According to the new market research report hyperspectral imaging systems market is projected to reach USD 30.0 billion by 2025 from USD 12.4 billion in 2020, at a CAGR of 19.3%.The increasing funding and investments, growing industrial applications of hyperspectral imaging are the major factors driving the growth of the hyperspectral imaging systems market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=246979343The Snapshot technology segment is expected to grow at the highest CAGR during the forecast periodBased on technology, the hyperspectral imaging systems market is segmented into pushbroom (line-scanning), snapshot (single shot), and other technologies [whiskbroom (point-scanning), tunable filters (wavelength scan), and imaging FTIR (time scanning)].
The pushbroom segment is estimated to account for the largest share of the hyperspectral imaging market in 2019, while the snapshot segment is projected to register the highest CAGR during the forecast period.
This can be attributed to the advantages offered by snapshot hyperspectral imaging systems, which make this technology most suitable for real-time analysis.PERSONALIZE THIS RESEARCH> Triangulate with your Own Data> Get Data as per your Format and Definition> Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor> Any level of PersonalizationIn 2019, the cameras segment accounted for the largest share of the marketOn the basis of product, the Hyperspectral Imaging Market is segmented into cameras and accessories.
Cameras are expected to command the larger share of the market, by product, in 2019.
Technological advancements, the development of affordable hyperspectral imaging cameras, and the increasing adoption of hyperspectral technology for defense and industrial applications are driving the growth of the hyperspectral cameras segment.The prominent players operating in the hyperspectral imaging systems market include Headwall Photonics, Inc. (US), Applied Spectral Imaging, Inc. (US), Corning Incorporated (US), Specim, Spectral Imaging Ltd. (Finland), Telops, Inc. (Canada), Surface Optics Corporation (US), Norsk Elektro Optikk AS (Norway), Resonon, Inc. (US), BaySpec, Inc. (US), Cubert GmbH (Germany), inno-spec GmbH (Germany), XIMEA GmbH (Germany), imec (Belgium), and ChemImage Corporation (US).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.
