Hyperspectral Imaging System Market by Product (Camera, Accessories), Technology (Snapshot, Push broom), Application (Military Surveillance, Remote Sensing, Machine Vision/Optical Sorting, Life Sciences & Medical Diagnosis) - Global Forecast to 2024
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Request For Special Pricing[140 Pages Report] The global hyperspectral imaging systems market is projected to reach USD 25.2 billion by 2024 from USD 11.1 billion in 2019, at a CAGR of 17.8%. The growing industrial applications of hyperspectral imaging and increasing funding and investments are the major factors driving the growth of the market. However, data storage issues and high costs associated with the use of hyperspectral imaging are expected to restrain the growth of this market during the forecast period.
The cameras segment will witness the highest growth during the forecast period.
Based on product, the market is segmented into cameras and accessories. Cameras are expected to command the larger share of the market, by product, in 2019. Technological advancements, the development of affordable hyperspectral imaging cameras, and the increasing adoption of hyperspectral technology for defense and industrial applications are driving the growth of the hyperspectral cameras segment.
The pushbroom segment dominated the hyperspectral imaging systems market in 2019.
The market is categorized into three technology segments, namely, pushbroom (line scanning), snapshot (single shot), and other technologies [whiskbroom (point scanning), tunable filters (wavelength scanning), and imaging FTIR (time scanning)]. The pushbroom technology segment is expected to command the largest share of the global market in 2019. Factors such as high spectral resolution, simplified illumination requirements, minimized illumination exposure and heat load, and the shorter capturing time as compared to whiskbroom technology are driving the growth of this market segment.
North America was the largest regional market for hyperspectral imaging systems in 2019.
The market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World. In 2018, North America was the largest regional segment of the overall market, followed by Europe. Factors such as growth in research funding, technological advancements, and increasing awareness of the benefits of hyperspectral imaging in commercial industries across the region are driving the market for hyperspectral imaging systems in North America.
Key Market Players
The prominent players operating in this market include Headwall Photonics, Inc. (US), Applied Spectral Imaging, Inc. (US), Corning Incorporated (US), Surface Optics Corporation (US), Norsk Elektro Optikk AS (Norway), Resonon, Inc. (US), Specim, Spectral Imaging Ltd. (Finland), Telops, Inc. (Canada), BaySpec, Inc. (US), Cubert GmbH (Germany), inno-spec GmbH (Germany), XIMEA GmbH (Germany), imec (Belgium), and ChemImage Corporation (US).
Headwall Photonics, Inc. (US) was the leading player in the hyperspectral imaging systems market. The company manufactures and provides optical modules and fully integrated imaging instruments with original holographic diffraction gratings. The company offers products for industrial inspection, defense & security, remote sensing, and research applications. The company primarily pursues product launches and expansions as its growth strategy in order to widen its sales and distribution network.
Scope of the report
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Report Metric |
Details |
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Market size available for years |
20172024 |
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Base year considered |
2018 |
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Forecast period |
20192024 |
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Forecast units |
Value (USD) |
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Segments covered |
Product, technology, application, and region |
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Geographies covered |
North America, Europe, Asia Pacific, and the Rest of the World |
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Companies covered |
Headwall Photonics, Inc. (US), Applied Spectral Imaging, Inc. (US), Corning Incorporated (US), Surface Optics Corporation (US), Norsk Elektro Optikk AS (Norway), Resonon, Inc. (US), Specim, Spectral Imaging Ltd. (Finland), Telops, Inc. (Canada), BaySpec, Inc. (US), Cubert GmbH (Germany), inno-spec GmbH (Germany), XIMEA GmbH (Germany), imec (Belgium), and ChemImage Corporation (US). |
This report categorizes the hyperspectral imaging technologies market into the following segments and subsegments:
Hyperspectral Imaging Systems, by Product
- Cameras
- Accessories
Hyperspectral Imaging Systems, by Technology
- Pushbroom
- Snapshot
- Other Technologies
Hyperspectral Imaging Systems, by Application
- Military Surveillance
- Remote Sensing
- Agriculture
- Mining/Mineral Mapping
- Environmental Monitoring
- Other Remote Sensing Applications
- Life Sciences & Medical Diagnostics
- Machine Vision & Optical Sorting
- Other Applications
Market, by Region
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- RoE
- Asia Pacific
- Japan
- China
- India
- Rest of Asia Pacific
- Rest of the World
Recent Developments
- In 2019, Headwall Photonics launched its advanced sensor payloads (consisting of hyperspectral sensors and LIDAR for unmanned aerial vehicle platforms)
- In 2018, SPECIM opened a new facility in Espoo, Finland
- In 2018, Telops signed a distribution agreement with Infrared Imaging LLC. This agreement strengthened the position of Telops in the US market.
Key Questions Addressed by the Report
- Where will all these developments take the industry in the mid-to-long term?
- What are the recent trends affecting the market?
- Who are the major end users in the market?
- Who are the key players in the market, and how intense is the competition?
- What are the key technologies in the market?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 17)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.3.2 Markets Covered
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 20)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Market Size Estimation and Methodology
2.2.1 Primary-Based Market Estimation
2.2.2 Growth Forecast
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study
3 Executive Summary (Page No. - 27)
4 Premium Insights (Page No. - 31)
4.1 Hyperspectral Imaging Systems: Market Overview
4.2 Asia Pacific: Market, By Application (2019)
4.3 Market for Remote Sensing Applications, By Type, 20192024
4.4 Market: Geographic Snapshot
5 Market Overview (Page No. - 34)
5.1 Introduction
5.1.1 Market Drivers
5.1.1.1 Increasing Funding and Investments
5.1.1.2 Growing Industrial Applications of Hyperspectral Imaging
5.1.2 Market Restraints
5.1.2.1 Data Storage Challenges and High Costs
5.1.3 Market Opportunities
5.1.3.1 Untapped Market Opportunities in Emerging Countries
5.1.4 Market Challenges
5.1.4.1 Attaining Super-Resolution in A Cost-Effective Manner
6 Hyperspectral Imaging Systems Market, By Product (Page No. - 39)
6.1 Introduction
6.2 Cameras
6.2.1 Hyperspectral Imaging Cameras to Witness the Highest Growth Owing to Their Increasing Applications in Defense & Industrial Applications
6.3 Accessories
6.3.1 Increase in the Adoption of Hyperspectral Imaging Systems to Support the Adoption of Associated Accessories
7 Hyperspectral Imaging Systems Market, By Technology (Page No. - 44)
7.1 Introduction
7.2 Pushbroom
7.2.1 Pushbroom Technology Segment Dominates the Market
7.3 Snapshot
7.3.1 Snapshot Segment to Witness the Highest Growth During the Forecast Period
7.4 Other Technologies
8 Hyperspectral Imaging Systems Market, By Application (Page No. - 51)
8.1 Introduction
8.2 Military Surveillance
8.2.1 Military Surveillance is the Largest Application Segment of the Market
8.3 Remote Sensing
8.3.1 Agriculture
8.3.1.1 Agriculture is the Largest & Fastest-Growing Segment of the Remote Sensing Applications Market
8.3.2 Mining/Mineral Mapping
8.3.2.1 Hyperspectral Imaging Systems Can Accurately Map Areas That are Spectrally Unique at the Surface to Produce Comprehensive Mineral Maps
8.3.3 Environmental Monitoring
8.3.3.1 Hyperspectral Imaging Systems in Environmental Monitoring are Used to Monitor Natural Disasters
8.3.4 Other Remote Sensing Applications
8.4 Life Sciences & Medical Diagnostics
8.4.1 Life Sciences & Medical Diagnostics Segment to Register the Highest Growth During the Forecast Period
8.5 Machine Vision & Optical Sorting
8.5.1 Growing Focus on Automation to Increase Productivity in Various Industries Will Drive the Market for Machine Vision and Optical Sorting
8.6 Other Applications
9 Hyperspectral Imaging Systems Market, By Region (Page No. - 64)
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 The US Dominates the North American Market
9.2.2 Canada
9.2.2.1 Rising Government Investments and Continuous Technological Developments Will Drive the Market in the Country
9.3 Europe
9.3.1 Germany
9.3.1.1 Germany Dominates the European Market for Hyperspectral Imaging Systems
9.3.2 France
9.3.2.1 Rising Interest in Expanding the Applications of Hyperspectral Imaging is Driving Market Growth
9.3.3 UK
9.3.3.1 Growing Interest in Deploying Hyperspectral Imaging in Research Applications to Drive Market Growth in the UK
9.3.4 Italy
9.3.4.1 Implementation of Hyperspectral Imaging Technology in New Application Areas Will Drive the Italian Market
9.3.5 Spain
9.3.5.1 Advancements in Research are Supporting the Growth of the Spanish Market
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.1.1 Japan Holds the Largest Share of the Market in the Asia Pacific
9.4.2 China
9.4.2.1 China Will Register the Highest CAGR During the Forecast Period in the Asia Pacific Hyperspectral Imaging Market
9.4.3 India
9.4.3.1 Increased Research Will Drive Market Growth in India
9.4.4 Rest of Asia Pacific
9.5 Rest of the World
10 Competitive Landscape (Page No. - 98)
10.1 Overview
10.2 Market Ranking
10.3 Competitive Situation and Trends
10.3.1 Partnerships, Agreements, & Collaborations (20162019)
10.3.2 Product Launches (20162019)
10.3.3 Acquisitions (20162019)
10.3.4 Expansions (20162019)
10.4 Competitive Leadership Mapping (2019)
10.4.1 Vendor Inclusion Criteria
10.4.2 Visionary Leaders
10.4.3 Innovators
10.4.4 Dynamic Differentiators
10.4.5 Emerging Companies
11 Company Profiles (Page No. - 105)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 Headwall Photonics, Inc.
11.2 Specim, Spectral Imaging Ltd.
11.3 Norsk Elektro Optikk as (NEO)
11.4 Resonon, Inc.
11.5 Corning Incorporated
11.6 Telops
11.7 Applied Spectral Imaging
11.8 Bayspec, Inc.
11.9 Surface Optics Corporation
11.10 Chemimage Corporation
11.11 Cubert GmbH
11.12 Raytheon
11.13 Galileo Group, Inc.
11.14 Hypermed Imaging, Inc.
11.15 Inno-Spec
11.16 Camlin Group Ltd.
11.17 IMEC
11.18 Other Players
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
12 Appendix (Page No. - 134)
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details
List of Tables (117 Tables)
Table 1 Recent Funding Initiatives in the Hyperspectral Imaging Market
Table 2 Market, By Product, 20172024 (USD Million)
Table 3 Hyperspectral Imaging Cameras Market, By Region, 20172024 (USD Million)
Table 4 North America: Hyperspectral Imaging Cameras Market, By Country, 20172024 (USD Million)
Table 5 Europe: Hyperspectral Imaging Cameras Market, By Country, 20172024 (USD Million)
Table 6 Asia Pacific: Hyperspectral Imaging Cameras Market, By Country, 20172024 (USD Million)
Table 7 Hyperspectral Imaging Accessories Market, By Region, 20172024 (USD Million)
Table 8 North America: Hyperspectral Imaging Accessories Market, By Country, 20172024 (USD Million)
Table 9 Europe: Hyperspectral Imaging Accessories Market, By Country, 20172024 (USD Million)
Table 10 Asia Pacific: Hyperspectral Imaging Accessories Market, By Country, 20172024 (USD Million)
Table 11 Market, By Technology, 20172024 (USD Million)
Table 12 Pushbroom Market, By Region, 20172024 (USD Million)
Table 13 North America: Pushbroom Hyperspectral Imaging Systems Market, By Country, 20172024 (USD Million)
Table 14 Europe: Pushbroom Hyperspectral Imaging Systems Market, By Country, 20172024 (USD Million)
Table 15 Asia Pacific: Pushbroom Hyperspectral Imaging Systems Market, By Country, 20172024 (USD Million)
Table 16 Snapshot Market, By Region, 20172024 (USD Million)
Table 17 North America: Snapshot Hyperspectral Imaging Systems Market, By Country, 20172024 (USD Million)
Table 18 Europe: Snapshot Hyperspectral Imaging Systems Market, By Country, 20172024 (USD Million)
Table 19 Asia Pacific: Snapshot Hyperspectral Imaging Systems Market, By Country, 20172024 (USD Million)
Table 20 Market for Other Technologies, By Region, 20172024 (USD Million)
Table 21 North America: Market for Other Technologies, By Country, 20172024 (USD Million)
Table 22 Europe: Market for Other Technologies, By Country, 20172024 (USD Million)
Table 23 Asia Pacific: Market for Other Technologies, By Country, 20172024 (USD Million)
Table 24 Market, By Application, 20172024 (USD Million)
Table 25 Market for Military Surveillance, By Region, 20172024 (USD Million)
Table 26 North America: Market for Military Surveillance, By Country, 20172024 (USD Million)
Table 27 Europe: Market for Military Surveillance, By Country, 20172024 (USD Million)
Table 28 Asia Pacific: Market for Military Surveillance, By Country, 20172024 (USD Million)
Table 29 Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 30 Market for Remote Sensing, By Region, 20172024 (USD Million)
Table 31 North America: Market for Remote Sensing, By Country, 20172024 (USD Million)
Table 32 Europe: Market for Remote Sensing, By Country, 20172024 (USD Million)
Table 33 Asia Pacific: Market for Remote Sensing, By Country, 20172024 (USD Million)
Table 34 Market for Agriculture, By Region, 20172024 (USD Million)
Table 35 Market for Mining/Mineral Mapping, By Region, 20172024 (USD Million)
Table 36 Market for Environmental Monitoring, By Region, 20172024 (USD Million)
Table 37 Market for Other Remote Sensing Applications, By Region, 20172024 (USD Million)
Table 38 Market for Life Sciences & Medical Diagnostics, By Region, 20172024 (USD Million)
Table 39 North America: Market for Life Sciences & Medical Diagnostics, By Country, 20172024 (USD Million)
Table 40 Europe: Market for Life Sciences & Medical Diagnostics, By Country, 20172024 (USD Million)
Table 41 Asia Pacific: Market for Life Sciences & Medical Diagnostics, By Country, 20172024 (USD Million)
Table 42 Market for Machine Vision & Optical Sorting, By Region, 20172024 (USD Million)
Table 43 North America: Market for Machine Vision & Optical Sorting, By Country, 20172024 (USD Million)
Table 44 Europe: Market for Machine Vision & Optical Sorting, By Country, 20172024 (USD Million)
Table 45 Asia Pacific: Market for Machine Vision & Optical Sorting, By Country, 20172024 (USD Million)
Table 46 Market for Other Applications, By Region, 20172024 (USD Million)
Table 47 North America: Market for Other Applications, By Country, 20172024 (USD Million)
Table 48 Europe: Market for Other Applications, By Country, 20172024 (USD Million)
Table 49 Asia Pacific: Market for Other Applications, By Country, 20172024 (USD Million)
Table 50 Market, By Region, 20172024 (USD Million)
Table 51 North America: Market, By Country, 20172024 (USD Million)
Table 52 North America: Market, By Product, 20172024 (USD Million)
Table 53 North America: Market, By Application, 20172024 (USD Million)
Table 54 North America: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 55 North America: Market, By Technology, 20172024 (USD Million)
Table 56 US: Market, By Product, 20172024 (USD Million)
Table 57 US: Market, By Application, 20172024 (USD Million)
Table 58 US: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 59 US: Market, By Technology, 20172024 (USD Million)
Table 60 Canada: Market, By Product, 20172024 (USD Million)
Table 61 Canada: Market, By Application, 20172024 (USD Million)
Table 62 Canada: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 63 Canada: Market, By Technology, 20172024 (USD Million)
Table 64 Europe: Market, By Country, 20172024 (USD Million)
Table 65 Europe: Market, By Product, 20172024 (USD Million)
Table 66 Europe: Market, By Application, 20172024 (USD Million)
Table 67 Europe: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 68 Europe: Hyperspectral Imaging Systems Market, By Technology, 20172024 (USD Million)
Table 69 Germany: Market, By Product, 20172024 (USD Million)
Table 70 Germany: Market, By Application, 20172024 (USD Million)
Table 71 Germany: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 72 Germany: Market, By Technology, 20172024 (USD Million)
Table 73 France: Market, By Product, 20172024 (USD Million)
Table 74 France: Market, By Application, 20172024 (USD Million)
Table 75 France: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 76 France: Market, By Technology, 20172024 (USD Million)
Table 77 UK: Market, By Product, 20172024 (USD Million)
Table 78 UK: Market, By Application, 20172024 (USD Million)
Table 79 UK: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 80 UK: Market, By Technology, 20172024 (USD Million)
Table 81 Italy: Market, By Product, 20172024 (USD Million)
Table 82 Italy: Market, By Application, 20172024 (USD Million)
Table 83 Italy: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 84 Italy: Market, By Technology, 20172024 (USD Million)
Table 85 Spain: Market, By Product, 20172024 (USD Million)
Table 86 Spain: Market, By Application, 20172024 (USD Million)
Table 87 Spain: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 88 Spain: Market, By Technology, 20172024 (USD Million)
Table 89 RoE: Market, By Product, 20172024 (USD Million)
Table 90 RoE: Market, By Application, 20172024 (USD Million)
Table 91 RoE: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 92 RoE: Market, By Technology, 20172024 (USD Million)
Table 93 Asia Pacific: Hyperspectral Imaging Systems Market, By Country, 20172024 (USD Million)
Table 94 Asia Pacific: Market, By Product, 20172024 (USD Million)
Table 95 Asia Pacific: Market, By Application, 20172024 (USD Million)
Table 96 Asia Pacific: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 97 Asia Pacific: Market, By Technology, 20172024 (USD Million)
Table 98 Japan: Market, By Product, 20172024 (USD Million)
Table 99 Japan: Market, By Application, 20172024 (USD Million)
Table 100 Japan: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 101 Japan: Market, By Technology, 20172024 (USD Million)
Table 102 China: Market, By Product, 20172024 (USD Million)
Table 103 China: Market, By Application, 20172024 (USD Million)
Table 104 China: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 105 China: Market, By Technology, 20172024 (USD Million)
Table 106 India: Market, By Product, 20172024 (USD Million)
Table 107 India: Market, By Application, 20172024 (USD Million)
Table 108 India: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 109 India: Market, By Technology, 20172024 (USD Million)
Table 110 RoAPAC: Market, By Product, 20172024 (USD Million)
Table 111 RoAPAC: Market, By Application, 20172024 (USD Million)
Table 112 RoAPAC: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 113 RoAPAC: Market, By Technology, 20172024 (USD Million)
Table 114 RoW: Market, By Product, 20172024 (USD Million)
Table 115 RoW: Market, By Application, 20172024 (USD Million)
Table 116 RoW: Market for Remote Sensing, By Type, 20172024 (USD Million)
Table 117 RoW: Market, By Technology, 20172024 (USD Million)
List of Figures (24 Figures)
Figure 1 Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Research Methodology: Hypothesis Building
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Hyperspectral Imaging Systems Market, By Product, 2019 vs. 2024 (USD Billion)
Figure 7 Market, By Technology, 2019 vs. 2024 (USD Billion)
Figure 8 Market, By Application, 2019 vs. 2024 (USD Billion)
Figure 9 Market for Remote Sensing Applications, By Type, 20192024 (USD Billion)
Figure 10 Geographic Snapshot of the Market
Figure 11 Growing Industrial Applications of Hyperspectral Imaging to Drive Market Growth During the Forecast Period
Figure 12 Military Surveillance is Estimated to Be the Largest Application Segment in the Hyperspectral Imaging in 2019
Figure 13 Agriculture Segment to Witness Highest Growth During the Forecast Period
Figure 14 China to Register the Highest Growth During the Forecast Period
Figure 15 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 North America: Hyperspectral Imaging Systems Market Snapshot
Figure 17 Europe: Market Snapshot
Figure 18 Asia Pacific: Market Snapshot
Figure 19 RoW: Market Snapshot
Figure 20 Key Developments in the Market, 20172019
Figure 21 Market Evolution Framework: Product Launches Emerge as the Dominant Growth Strategy Adopted By Key Players
Figure 22 Vendor Comparison Matrix: Market
Figure 23 Company Snapshot: Corning, Inc.
Figure 24 Company Snapshot: Raytheon
This study involved four major activities in estimating the current size of the hyperspectral imaging systems market. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.
Secondary Research
Secondary research was mainly used to identify and collect information for the extensive, technical, market-oriented, and commercial study of the market. The secondary sources used for this study include the Optical Society (OSA), Society of Photo-Optical Instrumentation Engineers (SPIE), Geoscience and Remote Sensing Society (GRSS), Annual Reports, SEC Filings, Company Websites, Investor Presentations, Expert Interviews, and MarketsandMarkets Analysis. These sources were also used to obtain key information about major players, market classification, and segmentation according to industry trends, regional/country-level markets, market developments, and technology perspectives.
Primary Research
In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts, to obtain and verify the critical qualitative and quantitative information as well as assess future prospects of the market. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The following is a breakdown of the primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the hyperspectral imaging systems market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and market have been identified through extensive secondary research
- The revenues generated from the hyperspectral imaging systems business of leading players have been determined through primary and secondary research
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources
Data Triangulation
After arriving at the overall market size from the market size estimation process, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To define, describe, and forecast the global hyperspectral imaging market based on the product, technology, application and region
- To provide detailed information regarding the major factors influencing the growth of the market (such as drivers, restraints, challenges, and opportunities)
- To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market
- To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To forecast the size of the market segments with respect to five main regions, namely, North America, Europe, Asia Pacific, and the Rest of the World
- To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
- To track and analyze competitive developments such as acquisitions, product launches, expansions, agreements, partnerships, collaborations, and R&D activities in the market.
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the companys specific needs. The following customization options are available for this report:
Company Information
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- Any level of Personalization
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Growth opportunities and latent adjacency in Hyperspectral Imaging System Market