Global Hyperspectral Imaging Market 2022-2028

Description

List of Tables

Global Hyperspectral Imaging Market Size, Share & Trends Analysis Report, by End-User (Medical Industry, Military and Defense Industry, Agriculture and Forestry Industry, Food & Beverages Industry, Mining Industry, and Other Industries), and by Components (Cameras, and Other Accessories) Forecast Period (2022-2028)

The global hyperspectral imaging market is anticipated to grow at a significant CAGR of 11.7% during the forecast period. Hyperspectral imaging is providing diagnostic information on tissue morphology and physiology which has been growing over the years as it has helped in a lot of diagnostic processes. These factors are projected to propel the demand for hyperspectral imaging in the diagnosis of tissue pathology. Hyperspectral imaging has wide applications in the gastrointestinal tract, fluorescence microscope, vascular systems, and ophthalmology. The technological advancements are anticipated to further boost the adoption of sensor design, high spatial resolution, compact and lightweight devices, and a high spectral resolution system. The adoption of unmanned aerial vehicles (UAVs) is increasing due to the growing demand for mapping, surveillance, monitoring, and hyper-scale imaging that are expected to drive the growth of the global hyperspectral imaging market.

The global hyperspectral imaging market is segmented based on the end-user and component. Based on end-user, the market is segmented into the medical industry, military and defense industry, agriculture and forestry industry, food & beverage industry, mining industry, and other industries. Based on the component, the market is segmented into cameras and other accessories. The above-mentioned segments can be customized as per the requirements. Based on end-user, the military and defense have a significant application of hyperspectral imaging during the forecast period. This is due to the imaging data management and component fabrication techniques that are better than conventional imaging techniques.

Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia-Pacific region is anticipated to show the fastest growth rate due to the growing number of research projects, and the presence of a large pool of patients. Additionally, increasing usage of hyperspectral imaging in environmental testing, mining explorations, rising pharmaceutical industries, and increasing government grants in this region are also boosting the market growth.

The major companies serving the global hyperspectral imaging market include Applied Spectral Imaging, Brandywine Photonics, LLC, Corning Inc., HORIBA, Ltd., Teledyne DALSA, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers &acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2021, Applied Spectral Imaging (ASI) and KromaTiD Inc. partnered for granting ASI global rights to market KromaTiD's assay servicesand proprietary Pinpoint FISH (PPF) probes. The combined availability of the ASI and KromaTiD technology platforms benefited companies, clinical laboratories, and research institutions, enhancing their capabilities to perform comprehensive genomic structural measurements and improve diagnostic accuracy.

Research Methodology

The market study of the global hyperspectral imaging market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Hyperspectral Imaging Market Research and Analysis by End-User

2. Global Hyperspectral Imaging Market Research and Analysis by Component

The Report Covers

Comprehensive research methodology of the global hyperspectral imaging market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global hyperspectral imagingmarket.
Insights about market determinants that are stimulating the global hyperspectral imaging market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2017167

Category- Advanced Technologies

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Hyperspectral Imaging Market
Recovery Scenario of Global Hyperspectral Imaging Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Applied Spectral Imaging
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. Brandywine Photonics, LLC
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. Corning Inc.
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
- 3.1.4. HORIBA, Ltd.
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
- 3.1.5. Teledyne DALSA
  - 3.1.5.1. Overview
  - 3.1.5.2. Financial Analysis
  - 3.1.5.3. SWOT Analysis
  - 3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players

4. Market Segmentation

4.1. Global Hyperspectral Imaging Market by End-User
- 4.1.1. Medical Industry
- 4.1.2. Military and Defense Industry
- 4.1.3. Agriculture and Forestry Industry
- 4.1.4. Food & Beverages Industry
- 4.1.5. Mining Industry
- 4.1.6. Other Industries
4.2. Global Hyperspectral Imaging Market by Component
- 4.2.1. Cameras
- 4.2.2. Other Accessories

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. BaySpec, Inc.
6.2. Camlin, Ltd.
6.3. Chemimage Corp.
6.4. Cubert GmbH
6.5. EVK Kerschhaggl GmbH
6.6. Headwall Photonics, Inc.
6.7. IMEC, Inc.
6.8. Itres Research, Ltd.
6.9. Mosaic Mills, Inc.
6.10. Norsk Elektro Optikk AS
6.11. Resonon, Inc.
6.12. Specim, Spectral Imaging, Ltd.
6.13. Stemmer Imaging AG
6.14. Surface Optics Corp.
6.15. Telops, Inc.
6.16. Ximea, Inc.