Global Hyperspectral Imaging System Market research report published by Emergen Research describes in detail the vital aspects of the Hyperspectral Imaging System Market on a global and regional level. The report offers a comprehensive assessment of recent technological developments, product advancements, current and emerging trends, key statistical data, forecast estimation, and major companies operating in the market. The report covers the impact of the pandemic on the Hyperspectral Imaging System Market industry with a special focus on the affected key segments of the industry.
The global Hyperspectral Imaging (HSI) system market size is expected to reach USD 70.72 Billion at a steady revenue CAGR of 18.5% in 2030. One of the primary driving factors leading to increased revenue growth in this market is increasing industrial applications of hyperspectral imaging. Hyperspectral imaging, along with X-ray, RGB (red, green, blue), and 3D in-line inspection, has swiftly become an important element of the machine vision solutions industry, with a performance-to-cost ratio that currently matches industrial standards. Ability to acquire a comprehensive system integrating a hyperspectral camera, software, and computing power from a single source can be a tremendous advantage. It frequently results in a system that is less expensive to implement, less difficult to validate, and less expensive to maintain. In a challenging environment, hyperspectral technology enables industrial automation systems to perform food-safety checks, detect undesired foreign matter, precisely categorize things, and effectively identify materials for grading or sorting without physical touch.
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Global Hyperspectral Imaging System Market Report – Table of Contents:
Chapter 1 includes the global Hyperspectral Imaging System market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Hyperspectral Imaging System market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Hyperspectral Imaging System market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Hyperspectral Imaging System industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.
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Global Hyperspectral Imaging System Market Segmentation:
Product Outlook (Revenue, USD Billion; 2019–2030)
- Cameras
- Accessories
Technology Outlook (Revenue, USD Billion; 2019–2030)
- Push Broom
- Snapshot
- Others
- Whiskbroom
- Tunable Filters
- Imaging FTIR
Application Outlook (Revenue, USD Billion; 2019–2030)
- Military Surveillance
- Remote Sensing
- Agriculture
- Mining/Mineral Mapping
- Environmental Monitoring
- Others
- Forensics
- Cosmetics
- Document Preservation
- Infrastructure Evaluation
- Lifesciences Medical Diagnostics
- Machine Vision and Optical Sorting
- Others
Competitive Outlook:
The global Hyperspectral Imaging System market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Hyperspectral Imaging System market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Some of the key participants in this industry include:
Headwall Photonics, SPECIM, SPECTRAL IMAGING LTD., Resonon Inc., Corning Incorporated, Applied Spectral Imaging, BaySpec, Inc., ChemImage Corporation, Cubert GmbH, Galileo Group, Inc., and HyperMed Imaging, Inc.
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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Regional Outlook of Hyperspectral Imaging System Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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