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Report
Hyperspectral Imaging Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-07-05 I 141 Pages I IMARC Group
Market Overview:
The global hyperspectral imaging systems market size reached US$ 16.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 43.3 Billion by 2028, exhibiting a growth rate (CAGR) of 16.5% during 2023-2028.
A hyperspectral imaging system can be defined as a technique used to analyze a wide spectrum of light through a spectrometer. The device uses reflected, transferred or emitted light from the object to generate its spectral-based image in multiple colors (including red, blue and green). It also measures the absorption of electromagnetic radiations, reflections and emissions from the object. The imaging technique is commonly used to monitor the development of crops, identification of contaminants in food products, screening of manufacturing defects and automated sorting of products. Owing to this, it finds extensive applications across various industries, including military and defense, mining, agriculture, food and beverage, medical diagnostics, etc.
The growing medical and healthcare sector, along with the increasing adoption of medical imaging systems, is one of the key factors driving the growth of the market. Hyperspectral imaging systems are widely utilized for the diagnosis and treatment of various diseases by analyzing the composition and physiology of the tissues and cells in the body. Furthermore, it is used for detecting the presence of cancerous cells and analyzing the progression of other chronic diseases. Additionally, the increasing deployment of these imaging systems in unmanned aerial vehicles (UAVs) is acting as another growth-inducing factor. Technological advancements in imaging sensors and improvements in spatial resolution are making surveillance, mapping and imaging more effective. Other factors, including growing industrial and agricultural applications, along with extensive research and development (R&D) activities, are projected to drive the market further.
IMARC Group's latest report provides a deep insight into the global hyperspectral imaging systems market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the hyperspectral imaging systems market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hyperspectral imaging systems market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, application and technology.
Breakup by Product Type:
Cameras
Accessories
Based on the product type, cameras currently account for the highest market share.
Breakup by Application:
Military Surveillance
Remote Sensing
Agriculture
Mining/Mineral Mapping
Environmental Monitoring
Others
Life Sciences & Medical Diagnostics
Machine Vision & Optical Sorting
Others
Based on the application, military surveillance currently holds majority of the market share.
Breakup by Technology:
Pushbroom
Snapshot
Others
Based on the technology, snapshot segment currently represents the segment with the highest market share.
Breakup by Region:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Argentina
Colombia
Chile
Peru
Others
Middle East and Africa
Turkey
Saudi Arabia
Iran
United Arab Emirates
Others
Based on geography, North America currently represents the biggest market for hyperspectral imaging systems market.
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Applied Spectral Imaging, BaySpec Inc., ChemImage Corporation, Corning Incorporated, Cubert GmbH, Headwall Photonics, Norsk Elektro Optikk AS (NEO), Resonon Inc., Specim, Spectral Imaging Ltd., Surface Optics Corporation and Telops Inc.
Key Questions Answered in This Report
1. How big is the global hyperspectral imaging systems market?
2. What is the expected growth rate of the global hyperspectral imaging systems market during 2023-2028?
3. What are the key factors driving the global hyperspectral imaging systems market?
4. What has been the impact of COVID-19 on the global hyperspectral imaging systems market?
5. What is the breakup of the global hyperspectral imaging systems market based on the product type?
6. What is the breakup of the global hyperspectral imaging systems market based on the application?
7. What is the breakup of the global hyperspectral imaging systems market based on the technology?
8. What are the key regions in the global hyperspectral imaging systems market?
9. Who are the key players/companies in the global hyperspectral imaging systems market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Hyperspectral Imaging Systems Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Cameras
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Accessories
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Military Surveillance
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Remote Sensing
7.2.1 Market Trends
7.2.2 Major Types
7.2.2.1 Agriculture
7.2.2.2 Mining/Mineral Mapping
7.2.2.3 Environmental Monitoring
7.2.2.4 Others
7.2.3 Market Forecast
7.3 Life Sciences & Medical Diagnostics
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Machine Vision & Optical Sorting
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Technology
8.1 Pushbroom
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Snapshot
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Europe
9.2.1 Germany
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 France
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 United Kingdom
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 Italy
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Spain
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Russia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Asia Pacific
9.3.1 China
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 Japan
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 India
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 South Korea
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Australia
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Indonesia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Argentina
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.4.4 Colombia
9.4.4.1 Market Trends
9.4.4.2 Market Forecast
9.4.5 Chile
9.4.5.1 Market Trends
9.4.5.2 Market Forecast
9.4.6 Peru
9.4.6.1 Market Trends
9.4.6.2 Market Forecast
9.4.7 Others
9.4.7.1 Market Trends
9.4.7.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Turkey
9.5.1.1 Market Trends
9.5.1.2 Market Forecast
9.5.2 Saudi Arabia
9.5.2.1 Market Trends
9.5.2.2 Market Forecast
9.5.3 Iran
9.5.3.1 Market Trends
9.5.3.2 Market Forecast
9.5.4 United Arab Emirates
9.5.4.1 Market Trends
9.5.4.2 Market Forecast
9.5.5 Others
9.5.5.1 Market Trends
9.5.5.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Overview
11.2 Inbound Logistics
11.3 Operations
11.4 Outbound Logistics
11.5 Marketing and Sales
11.6 Service
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Applied Spectral Imaging
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 BaySpec Inc.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 ChemImage Corporation
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Corning Incorporated
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.4.4 SWOT Analysis
13.3.5 Cubert GmbH
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Norsk Elektro Optikk AS (NEO)
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Resonon Inc
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Specim
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Spectral Imaging Ltd
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Surface Optics Corporation
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Telops Inc.
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
Figure 1: Global: Hyperspectral Imaging Systems Market: Major Drivers and Challenges
Figure 2: Global: Hyperspectral Imaging Systems Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Hyperspectral Imaging Systems Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Hyperspectral Imaging Systems Market: Breakup by Application (in %), 2022
Figure 5: Global: Hyperspectral Imaging Systems Market: Breakup by Technology (in %), 201
Figure 6: Global: Hyperspectral Imaging Systems Market: Breakup by Region (in %), 2022
Figure 7: Global: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Hyperspectral Imaging Systems (Cameras) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Hyperspectral Imaging Systems (Cameras) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Hyperspectral Imaging Systems (Accessories) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Hyperspectral Imaging Systems (Accessories) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Hyperspectral Imaging Systems (Military Surveillance) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Hyperspectral Imaging Systems (Military Surveillance) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Hyperspectral Imaging Systems (Remote Sensing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Hyperspectral Imaging Systems (Remote Sensing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Hyperspectral Imaging Systems (Life Sciences & Medical Diagnostics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Hyperspectral Imaging Systems (Life Sciences & Medical Diagnostics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Hyperspectral Imaging Systems (Machine Vision & Optical Sorting) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Hyperspectral Imaging Systems (Machine Vision & Optical Sorting) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Hyperspectral Imaging Systems (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Hyperspectral Imaging Systems (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Hyperspectral Imaging Systems (Pushbroom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Hyperspectral Imaging Systems (Pushbroom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Hyperspectral Imaging Systems (Snapshot) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Hyperspectral Imaging Systems (Snapshot) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Hyperspectral Imaging Systems (Other Technologies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Hyperspectral Imaging Systems (Other Technologies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: North America: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: North America: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: United States: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: United States: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Canada: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Canada: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Europe: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Europe: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Germany: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Germany: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: France: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: France: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: United Kingdom: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: United Kingdom: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Italy: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Italy: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Spain: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Spain: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Russia: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Russia: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Others: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Others: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Asia Pacific: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Asia Pacific: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: China: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: China: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Japan: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Japan: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: India: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: India: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: South Korea: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: South Korea: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Australia: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Australia: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Indonesia: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Indonesia: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Others: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Others: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Latin America: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Latin America: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Brazil: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Brazil: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Mexico: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Mexico: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Argentina: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Argentina: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Colombia: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Colombia: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Chile: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Chile: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Peru: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Peru: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Middle East and Africa: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Middle East and Africa: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Turkey: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Turkey: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Saudi Arabia: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Saudi Arabia: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Iran: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Iran: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: United Arab Emirates: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: United Arab Emirates: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Others: Hyperspectral Imaging Systems Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Others: Hyperspectral Imaging Systems Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Global: Hyperspectral Imaging Systems Industry: SWOT Analysis
Figure 95: Global: Hyperspectral Imaging Systems Industry: Value Chain Analysis
Figure 96: Global: Hyperspectral Imaging Systems Industry: Porters Five Forces Analysis
Table 1: Global: Hyperspectral Imaging Systems Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Hyperspectral Imaging Systems Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Hyperspectral Imaging Systems Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Hyperspectral Imaging Systems Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 5: Global: Hyperspectral Imaging Systems Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Hyperspectral Imaging Systems Market: Competitive Structure
Table 7: Global: Hyperspectral Imaging Systems Market: Key Players
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