Hyper Spectral Imaging Systems (HSI) Market (By System Type Segment: PC based, Outdoor Camera, Airborne; By EndUser Type Segment; By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

  • Product Code:
    RP-ID-10325555
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    150
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-50

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Global Hyper Spectral Imaging Systems Market is forecasted to reach $19 billion by 2024; growing at a CAGR of 8.4% from 2016 to 2024.The hyper spectral imaging system (HSI) involves processing and collection of data, which is collected across an electromagnetic spectrum. The hyper spectral imaging system enables obtaining spectrum for every pixel in a particular image or a sequence of images. These systems are widely used in food processing industry for monitoring and development of crops. Medical industries also pose a huge demand for hyper spectral imaging systems used in detection and treatment of numerous life threatening diseases.

Major drivers of global hyper spectral imaging systems market are growth in industrial application, augmented demand for remote sensing & surveillance, and growth in demand from medical and food processing industry. However, high cost of hyper spectral imaging systems may restrain the market growth in the coming years. Technological innovation and reduction in price would provide several growth opportunities for the market in the coming years.

The global hyper spectral imaging systems market is categorized into system and end user. System segment includes PC based, outdoor camera, airborne, and others. End user segment is further divided into industry, medical diagnostics, military surveillance & homeland security, food processing, astronomy, mineralogy, and others.

The global hyper spectral imaging systems market by geography has been bifurcated into North America, Europe, Asia-Pacific and RoW. The U.S., Mexico and Canada are covered under North America wherein Europe covers Germany, UK, Netherland, and others. Asia-Pacific covers China, India, Japan, Oceanic, and others. Rest of the World (RoW) covers South America, Middle East and Africa.

Major companies operating in the hyper spectral imaging sensors market are Corning Incorporated, Headwall Photonics, Inc., SPECIM, Resonon, Telops, Spectral Imaging Ltd., Applied Spectral Imaging, BaySpec Inc., ChemImage Corporation, and Surface Optics Corporation, among others.

Scope of Hyper Spectral Imaging Systems Market
System Type Segments
PC Based
Outdoor Camera
Airborne
Others
End User Segments
Military Surveillance & Homeland Security
Industry
Medical Diagnostics
Food Processing
Mineralogy
Astronomy
Others
Geographical Segments
North America
US
Canada
Mexico
Europe
Germany
UK
Netherland
Others
Asia-Pacific
China
India
Japan
Oceanic
Others
RoW
South America
Middle East
Africa


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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