Hyperspectral Imaging System Market by Product (Camera, Accessories) & Application (Military, Remote Sensing, Environmental Monitoring, Agriculture, Mineral Map, Machine Vision/Optical Sorting, Life Sciences & Medical Diagnosis) - Global Forecast to 2023

Publisher Name :
Date: 16-Aug-2018
No. of pages: 109
Inquire Before Buying

“The global hyperspectral imaging systems market projected to grow at a CAGR of 17.5%.”

The global hyperspectral imaging systems market is projected to reach USD 21.33 billion by 2023 from USD 9.51 billion in 2018, at a CAGR of 17.5%. Factors driving the growth of this market are growing industrial applications of hyperspectral imaging and increasing funding & investments. However, data storage issues and high costs associated with the use of hyperspectral imaging are expected to restrain the growth of this market during the forecast period.

“Cameras are expected to grow at the highest CAGR during the forecast period.”

Based on product, the hyperspectral imaging systems market is segmented into cameras and accessories. The cameras segment is expected to dominate the market with the largest share and is also expected to grow at the highest CAGR during the forecast period. This is attributed to factors such as recent advances in sensor development &computing power and the availability of low-cost cameras with widening industrial applications.

“The military surveillance segment is expected to dominate the market during the forecast period.”

On the basis of application, the hyperspectral imaging systems market is segmented into military surveillance, remote sensing, machine vision and optical sorting, life sciences and medical diagnostics, and other applications. The military surveillance segment is expected to account for the largest share of the hyperspectral imaging systems market in 2018. The advancements in hyperspectral imaging data management and component fabrication techniques as well as the better accuracy and consistency of hyperspectral imaging data (as compared to other conventional imaging techniques) are the major factors driving the adoption of hyperspectral imaging systems in military surveillance applications.

“Asia Pacific to witness the highest growth during the forecast period. ”

In 2018, North America is expected to account for the largest share of the market followed by Europe. However, Asia Pacific is expected to register the highest CAGR during the forecast period. Technological advancements have resulted in the development of cost-effective hyperspectral imaging systems, which are being used in several commercial applications in the price-sensitive Asia Pacific region. This is the major factor responsible for the high growth of the Asia Pacific market.

The primary interviews conducted for this report can be categorized as follows:


  • By Company Type: Tier 1 – 30%; Tier 2 -50%; Tier 3 - 20%.

  • By Designation: C-level- 27%; D-level- 32%; others- 41%.

  • By Region: North America-33%; Europe-28%;APAC-23%; Rest of the World- 16%


List of companies profiled in the report


  • Headwall Photonics (US)

  • Corning Incorporated (US)

  • SPECIM(Finland)

  • Resonon (US)

  • Telops(Canada)

  • Norsk Elektro Optikk (Norway)

  • Applied Spectral Imaging (US)

  • Bayspec (US)

  • Surface Optics Corporation (US)

  • Chemimage Corporation (US)

  • Cubert GmbH (Germany)


Research Coverage:

The report provides an overview of the hyperspectral imaging systems market.It aims at estimating the market size and future growth potential of this market across different segments such as product, application, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market by providing them with the closest approximations of revenues for the overall hyperspectral imaging systems market and its subsegments. This report will help stakeholders to understand the competitive landscape better and gain insights to position their businesses and help companies make suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information regarding key market drivers and opportunities.

Hyperspectral Imaging System Market by Product (Camera, Accessories) & Application (Military, Remote Sensing, Environmental Monitoring, Agriculture, Mineral Map, Machine Vision/Optical Sorting, Life Sciences & Medical Diagnosis) - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.3.2 Markets Covered
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Hyperspectral Imaging Systems Market Overview
4.2 Hyperspectral Imaging Systems Market, By Product, 2018 vs 2023 (USD Billion)
4.3 Hyperspectral Imaging Systems Market, By Application
4.4 Hyperspectral Imaging Systems Market, By Remote Sensing Application, 2018 to 2023
4.5 Hyperspectral Imaging Systems Market: Geographic Snapshot

5 Market Overview
5.1 Introduction
5.1.1 Market Drivers
5.1.1.1 Increasing Funding and Investments
5.1.1.2 Growing Industrial Applications of Hyperspectral Imaging
5.1.2 Market Restraints
5.1.2.1 Data Storage and High Costs Associated With the Use of Hyperspectral Imaging
5.1.3 Market Opportunities
5.1.3.1 Untapped Market Opportunities in Emerging Countries
5.1.4 Market Challenges
5.1.4.1 Attaining Super-Resolution in A Cost-Effective Manner

6 Hyperspectral Imaging Systems Market, By Product
6.1 Introduction
6.2 Cameras
6.3 Accessories

7 Hyperspectral Imaging Systems Market, By Application
7.1 Introduction
7.2 Military Surveillance
7.3 Remote Sensing
7.3.1 Agriculture
7.3.2 Mining/Mineral Mapping
7.3.3 Environmental Monitoring
7.3.4 Other Remote Sensing Applications
7.4 Life Sciences & Medical Diagnostics
7.5 Machine Vision & Optical Sorting
7.6 Other Applications

8 Hyperspectral Imaging Systems Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 UK
8.3.4 Spain
8.3.5 Italy
8.3.6 Rest of Europe
8.4 Asia Pacific (APAC)
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific (RoAPAC)
8.5 Rest of the World (RoW)

9 Competitive Landscape
9.1 Overview
9.2 Hyperspectral Imaging Systems Market Ranking
9.3 Competitive Situation and Trends
9.3.1 Partnerships, Agreements, Contracts, and Collaborations (2015–2018)
9.3.2 Product Launches (2015–2018)
9.3.3 Acquisitions (2015–2018)
9.3.4 Expansions (2015–2018)

10 Company Profiles
(Business Overview, Products Offered, Recent Developments, MnM View)*
10.1 Headwall Photonics, Inc.
10.2 Corning Incorporated
10.3 Specim, Spectral Imaging Ltd.
10.4 Resonon
10.5 Telops Inc.
10.6 Norsk Elektro Optikk as (NEO)
10.7 Applied Spectral Imaging
10.8 Bayspec
10.9 Surface Optics Corporation
10.10 Chemimage Corporation
10.11 Cubert GmbH

*Business Overview, Products Offered, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
11.3 Available Customization
11.4 Related Report
11.5 Author Details

List of Tables

Table 1 Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 2 Hyperspectral Imaging Cameras Market, By Region, 2016–2023 (USD Million)
Table 3 Hyperspectral Imaging Accessories Market, By Region, 2016–2023 (USD Million)
Table 4 Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 5 Hyperspectral Imaging Systems Market for Military Surveillance, By Region, 2016–2023 (USD Million)
Table 6 Hyperspectral Imaging Systems Market for Remote Sensing Applications, By Type, 2016–2023 (USD Million)
Table 7 Hyperspectral Imaging Systems Market for Remote Sensing Applications, By Region, 2016–2023 (USD Million)
Table 8 Hyperspectral Imaging Systems Market for Agriculture, By Region, 2016–2023 (USD Million)
Table 9 Hyperspectral Imaging Systems Market for Mining/Mineral Mapping, By Region, 2016–2023 (USD Million)
Table 10 Hyperspectral Imaging Systems Market for Environmental Monitoring, By Region, 2016–2023 (USD Million)
Table 11 Hyperspectral Imaging Systems Market for Other Remote Sensing Applications, By Region, 2016–2023 (USD Million)
Table 12 Hyperspectral Imaging Systems Market for Life Sciences & Medical Diagnostics, By Region, 2016–2023 (USD Million)
Table 13 Hyperspectral Imaging Systems Market for Machine Vision & Optical Sorting, By Region, 2016–2023 (USD Million)
Table 14 Hyperspectral Imaging Systems Market for Other Applications, By Region, 2016–2023 (USD Million)
Table 15 Hyperspectral Imaging Systems Market, By Region, 2016–2023 (USD Million)
Table 16 North America: Hyperspectral Imaging Systems Market, By Country, 2016–2023 (USD Million)
Table 17 North America: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 18 North America: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 19 North America: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 20 US: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 21 US: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 22 US: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 23 Canada: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 24 Canada: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 25 Canada: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 26 Europe: Hyperspectral Imaging Systems Market, By Country, 2016–2023 (USD Million)
Table 27 Europe: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 28 Europe: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 29 Europe: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 30 Germany: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 31 Germany: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 32 Germany: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 33 France: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 34 France: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 35 France: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 36 UK: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 37 UK: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 38 UK: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 39 Spain: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 40 Spain: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 41 Spain: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 42 Italy: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 43 Italy: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 44 Italy: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 45 RoE: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 46 RoE: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 47 RoE: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 48 Asia Pacific: Hyperspectral Imaging Systems Market, By Country, 2016–2023 (USD Million)
Table 49 Asia Pacific: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 50 Asia Pacific: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 51 Asia Pacific: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 52 China: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 53 China: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 54 China: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 55 Japan: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 56 Japan: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 57 Japan: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 58 India: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 59 India: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 60 India: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 61 RoAPAC: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 62 RoAPAC: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 63 RoAPAC: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)
Table 64 RoW: Hyperspectral Imaging Systems Market, By Product, 2016–2023 (USD Million)
Table 65 RoW: Hyperspectral Imaging Systems Market, By Application, 2016–2023 (USD Million)
Table 66 RoW: Hyperspectral Imaging Systems Market for Remote Sensing, By Type, 2016–2023 (USD Million)

List of Figures

Figure 1 Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Hyperspectral Imaging Systems Market, By Product, 2018 vs 2023 (USD Billion)
Figure 7 Hyperspectral Imaging Systems Market, By Application, 2018 vs 2023 (USD Billion)
Figure 8 Hyperspectral Imaging Systems Market, By Remote Sensing Application, 2018 to 2023 (USD Billion)
Figure 9 Geographic Snapshot of the Global Hyperspectral Imaging Systems Market
Figure 10 Growing Industrial Applications of Hyperspectral Imaging to Drive Market Growth During the Forecast Period
Figure 11 Hyperspectral Cameras to Account for the Largest Market Share in 2018
Figure 12 Military Surveillance Estimated to Be the Largest Application of Hyperspectral Imaging in 2018
Figure 13 Agriculture Segment to Witness Highest Growth During the Forecast Period
Figure 14 Asia Pacific to Register the Highest Growth During the Forecast Period
Figure 15 Hyperspectral Imaging Systems Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Recent Funding Initiatives in the Hyperspectral Imaging Market
Figure 17 Cameras to Dominate the Hyperspectral Imaging Systems Market, By Product, in 2018
Figure 18 Hyperspectral Imaging Systems Market, By Application, 2018 vs 2023 (USD Million)
Figure 19 North America: Hyperspectral Imaging Systems Market Snapshot
Figure 20 Europe: Hyperspectral Imaging Systems Market Snapshot
Figure 21 Asia Pacific: Hyperspectral Imaging Systems Market Snapshot
Figure 22 RoW: Hyperspectral Imaging Systems Market Snapshot
Figure 23 Key Developments in the Hyperspectral Imaging Systems Market, 2015–2018
Figure 24 Market Evolution Framework: Product Launches Emerge as the Dominant Growth Strategy Adopted By Key Players
Figure 25 Company Snapshot: Corning Incorporated (2017)

  • Global Radiosurgical System Market Data Survey Report 2025
    Published: 11-Nov-2018        Price: US 1500 Onwards        Pages: 67
    Summary The global Radiosurgical System market will reach Volume Million USD in 2018 with CAGR xx% 2018-2025. The main contents of the report including: Global market size and forecast Regional market size, production data and export & import Key manufacturers (manufacturing sites, capacity and production, product specifications etc.) Major Application Major Type Key manufacturers are included based on manufacturing sites, capacit......
  • Global Shoulder Coil Market Data Survey Report 2025
    Published: 10-Nov-2018        Price: US 1500 Onwards        Pages: 70
    Summary The global Shoulder Coil market will reach Volume Million USD in 2018 with CAGR xx% 2018-2025. The main contents of the report including: Global market size and forecast Regional market size, production data and export & import Key manufacturers (manufacturing sites, capacity and production, product specifications etc.) Major Application Major Type Key manufacturers are included based on manufacturing sites, capacity and p......
  • Global Radiation Oncology Market Research Report 2018
    Published: 09-Nov-2018        Price: US 2900 Onwards        Pages: 118
    This report studies the global Radiation Oncology market status and forecast, categorizes the global Radiation Oncology market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report - Accuray - C. R. Bard - Elekta - IBA Worldwide - Varian Med......
  • Global Gamma Rays Collimators Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023
    Published: 07-Nov-2018        Price: US 3480 Onwards        Pages: 103
    In X-ray optics, gamma ray optics, and neutron optics, a collimator is a device that filters a stream of rays so that only those traveling parallel to a specified direction are allowed through. Scope of the Report: The worldwide market for Gamma Rays Collimators is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study. This......
  • Veterinary X-ray Market by Technology (Direct, Computed, Film), Type (Digital, Analog), Mobility (Fixed, Portable), Animal (Companion, Large Animal), Application (Trauma, Oncology, Dental), End User (Clinic, Hospital) - Forecast to 2023
    Published: 07-Nov-2018        Price: US 5650 Onwards        Pages: 192
    “Global Veterinary X-ray Market Projected to Grow at a CAGR of 6.4% During 2018–2023” The global veterinary X-ray market is projected to reach USD 872 million by 2023from USD 640 million in 2018, at a CAGR of 6.4% from 2018 to 2023. Rising animal health expenditure and growing demand for pet insurance, increasing number of veterinary practitioners in developed regions, and growth in the companion animals market are the primary drivers for the veterin......
  • Global Gradient Power Amplifier Market Insights, Forecast to 2025
    Published: 07-Nov-2018        Price: US 4900 Onwards        Pages: 110
    This report presents the worldwide Gradient Power Amplifier market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The Gradient Power Amplifier mar......
  • Global fNIRS Brain Imaging System Market Research Report 2018
    Published: 06-Nov-2018        Price: US 2900 Onwards        Pages: 118
    This report studies the global fNIRS Brain Imaging System market status and forecast, categorizes the global fNIRS Brain Imaging System market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report - Hitachi - Shimadzu Corporation - NIRx - ISS......
  • Global Hyperthermia Instrument Market Insights, Forecast to 2025
    Published: 05-Nov-2018        Price: US 4900 Onwards        Pages: 113
    This report studies the global market size of Hyperthermia Instrument in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Hyperthermia Instrument in these regions. This research report categorizes the global Hyperthermia Instrument market by top players/brands, region, type and end user. This report also studies the global Hyperthermia Instrument market status, competition landscape, market share, growth ......
  • Global Medical Imaging Devices Market Research Report 2018
    Published: 02-Nov-2018        Price: US 2900 Onwards        Pages: 123
    This report studies the global Medical Imaging Devices market status and forecast, categorizes the global Medical Imaging Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report - GE Healthcare - Toshiba Medical - Hologic, Inc. - Siemens Healthcare......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs