Hyperspectral Imaging System Market

29 Apr


Hyperspectral Imaging System Market Poised to Grow at a CAGR of 11.2% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Hyperspectral Imaging System Market. The report presents analysis of global as well as regional markets of hyperspectral imaging system market over the period of 2016 to 2024. Global Hyperspectral imaging system market is showing a positive trend of development around the globe. A number of factors, such as growing number of research projects using hyperspectral imaging techniques and widening industrial applications of HIS, are driving the growth of this market. The global hyperspectral imaging systems market is driven by various factors, such as technological innovation in sensor design, quantitative increase of research projects using hyperspectral imaging systems, lightweight, compact and low-cost cameras, and expanding industrial applications of HIS etc.


On the basis of region, Hyperspectral imaging system market is fragmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is leading player in this market due to the high rate of adoption of hyperspectral imaging systems in research. Additionally, there is growth in research funding, which in turn help to technological advancements of the existing product, and increasing awareness among people about the benefits of hyperspectral imaging in commercial industries in this region is helping to grow this market in North America. Asia-pacific region is highest CAGR growing market region during the forecasted period. The growth of Hyperspectral imaging system market in this region is attributed to growing application of this system in several countries. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global hyperspectral imaging system market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


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The recent report identified that North America dominated the global hyperspectral imaging system market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the hyperspectral imaging system market worldwide.


The report segments the global hyperspectral imaging system market on the basis of Components and Application.


Global Hyperspectral Imaging System Market by Components

·          Hyperspectral Imaging Cameras 

·          Accessories


Global Hyperspectral Imaging System Market by Application

·           Military Surveillance 

·          Remote Sensing 

·          Machine Vision/Optical Sorting 

·         Life Sciences And Medical Diagnostics 

·          Other Applications


Companies Profiled in the Report

·         Chemimage Corporation

·         Surface Optics Corporation 

·         Bayspec Inc. 

·          Applied Spectral Imaging 

·          Norsk Elektro Optikk as 

·         Telops Inc. 

·          Resonon 

·         Specim, Spectral Imaging Ltd. 

·          Corning Incorporated 

·         Headwall Photonics, Inc. 


About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.