Hyperspectral Imaging Systems Market

The hyperspectral imaging systems market is projected to reach USD 1.83 billion by 2030 from USD 0.92 billion in 2025, at a CAGR of 14.7% during the forecast period.

The global hyperspectral imaging systems market is experiencing strong growth, driven by the increasing adoption of these systems across various applications, including defense, aerospace, agriculture, environmental monitoring, healthcare, and industrial inspection, worldwide. The rising demand for high-resolution spectral data to enable accurate material identification, quality assessment, and real-time decision-making is a key driver of growth. Advances in sensor technologies, combined with the integration of AI- and ML-based analytics, are improving system performance and expanding commercial use cases across regions. In addition, sustained government funding, space and defense programs, and the growing deployment of airborne, UAV, and satellite-based hyperspectral platforms collectively support the continued expansion of the global hyperspectral imaging systems market.

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Key players operating in the hyperspectral imaging systems market are Corning Incorporated (US), SPECIM, SPECTRAL IMAGING LTD. (Finland), Malvern Panalytical Ltd (UK), HORIBA (Japan), Resonon Inc. (US), Norsk Elektro Optikk (Norway), Telops Inc. (Norway), Headwall Photonics (US), BaySpec, Inc. (US), and Cubert GmbH (Germany), among others.

In January 2025, Headwall Photonics acquired EVK, an Austria-based company, strengthening its hyperspectral imaging portfolio for industrial and machine vision applications across North America and globally.

Corning Incorporated (US)

Corning Incorporated is a provider of hyperspectral imaging systems, offering solutions for various applications. With a diverse portfolio, Corning specializes in advanced optical technologies tailored for industries such as healthcare, agriculture, and environmental monitoring. The company’s collaborations with other market players have strengthened its position, making Corning a highly preferred choice for high-performance hyperspectral imaging systems.

Headwall Photonics Inc. (US)

Headwall Photonics designs and manufactures spectral imaging sensors for various applications, including environmental monitoring, remote sensing, precision agriculture, cultural heritage preservation, industrial process control, and in-line product inspection, among others. Headwall Photonics operates in four business segments: Remote Sensing, Machine Vision, Medical Biotech, and Government Defense. The company provides solutions, including diffraction gratings and optical modules for OEM customers, as well as spectral imaging sensors and OEM subassemblies such as Raman imaging spectrographs. Additionally, it offers integrated hyperspectral imaging solutions. The company’s core competency lies in the manufacturing of application-specific holographic diffraction gratings, which are fundamental for producing multispectral and hyperspectral imaging sensors.

Market Ranking

The hyperspectral imaging systems market is competitive, with the top three players: Corning Incorporated (US), SPECIM, SPECTRAL IMAGING (US), among others. Corning Incorporated (US) holds a strong position in the hyperspectral imaging systems market, supported by its deep expertise in advanced optics, photonic materials, and glass technologies that form critical components of high-performance hyperspectral systems. Corning’s capabilities in precision optics, combined with its long-standing relationships with system integrators, research institutions, and industrial customers, enable wide adoption across various applications, including life sciences, industrial inspection, defense, and remote sensing. SPECIM (Finland) has also established a solid presence globally through its broad portfolio of VNIR and SWIR hyperspectral cameras, which are widely used in industrial quality control, food inspection, agriculture, and research applications. SPECIM’s focus on high spectral resolution, reliable performance, and partnerships with distributors and integrators continues to strengthen its footprint and competitive positioning in the regional hyperspectral imaging systems market.

Related Reports:

Hyperspectral Imaging Systems Market by Product Type (Cameras, System Integrator), Technology (Pushbroom, Snapshot, Tunable Filter, Imaging FTIR, Whiskbroom) Wavelength (Visible & NIR, SWIR, MWIR, LWIR), Region - Forecast to 2030

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