Information and Communication Technology Hyperspectral Imaging System MARKET IS PROJECTED TO GROW UP TO 19.7% CAGR DURING THE FOREC...


Hyperspectral Imaging System MARKET IS PROJECTED TO GROW UP TO 19.7% CAGR DURING THE FORECASTING PERIOD 2021-2027.

Imaging spectroscopy instruments are another name for hyperspectral imaging. These instruments are used in a number of applications, including healthcare, the food industry, research and development, and the defence industry, among others. The hyperspectral imaging system is increasingly being used in other fields, such as remote sensing, night vision, and calorimetry. Hyperspectral imaging differs from multispectral imaging in terms of image quality and sensitivity compared to traditional or multispectral imaging. Hyperspectral imaging breaks down an image into tens or hundreds of colours, while multispectral imaging measures an image in three or four colours (red, green, blue, and near-infrared (NIR), for example). This hyperspectral system aids in allowing accurate and consistent colour and material differentiation. Precision agriculture, environmental monitoring, biotechnology, remote sensing, food analysis, and other applications will all benefit from this device.

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Key Driving Factors: Support and expenditure should be increased.

The Hyperspectral Imaging System (HSI) is a cutting-edge technique for collecting and analysing images of objects. With advances in image processing and analysis hardware and software, HSI is increasingly being used in a variety of research projects around the world. HSI has many advantages over other spectral imagers, including higher precision and granularity, quicker image acquisition speed, and non-invasive imaging. Because of its benefits, the approach is being used in a variety of applications with government support in the form of funding and grants.

This report offers the major market player’s profiles, such as Headwall Photonics, Inc., Spectral Imaging Ltd., Imec, Corning Incorporated, Specim, Norsk Elektro Optikk AS, Resonon Inc., Glana Sensors AB, Brandywine Photonics, Surface Optics Corporation, CytoViva, Inc., Applied Spectral Imaging Ltd., Raytheon Company, ChemImage Corporation, Telops, Cubert GmbH, BaySpec, Inc., HyperMed Imaging, Inc., inno-spec GmbH, Camlin Ltd., XIMEA, Photon etc. and Diaspective Vision GmbH.

Opportunities:  In developing markets, there are a lot of untapped business opportunities.


For players in the HSI systems industry, emerging economies in Asia and Latin America are expected to deliver significant growth opportunities. A number of hyperspectral sensors were developed and launched in China, for example, to meet the growing demand for precise and quick mapping of natural resources using remote sensing applications. China launched five new remote sensing satellites in September 2019 as part of the Zhuhai-1 project, which includes 34 micro-nano satellites, including video, HSI, and high-resolution optical satellites, as well as radar and ultraviolet satellites.

By Product:

The hyperspectral imaging systems market is divided into cameras and accessories based on product. In 2019, cameras are expected to hold a greater share of the hyperspectral imaging systems market. The hyperspectral cameras segment is growing due to technological advances, the production of inexpensive hyperspectral imaging cameras, and the increasing adoption of hyperspectral technology for defence and industrial applications.

The Hyperspectral Imaging System market report has been categorized as below

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
  • Medical Diagnostics
  • Machine Vision & Optical Sorting
  • Other Applications

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

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Published Date : March-2021