Hyperspectral Imaging Systems Market Report by Product Type (Cameras, Accessories), Application (Military Surveillance, Remote Sensing, Life Sciences & Medical Diagnostics, Machine Vision & Optical Sorting, and Others), Technology (Pushbroom, Snapshot, and Others), and Region 2024-2032

Hyperspectral Imaging Systems Market Report by Product Type (Cameras, Accessories), Application (Military Surveillance, Remote Sensing, Life Sciences & Medical Diagnostics, Machine Vision & Optical Sorting, and Others), Technology (Pushbroom, Snapshot, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A1784
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Market Overview:

The global hyperspectral imaging systems market size reached US$ 19.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 72.7 Billion by 2032, exhibiting a growth rate (CAGR) of 15.5% during 2024-2032.

Report Attribute
 Key Statistics 
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 19.1 Billion
Market Forecast in 2032
US$ 72.7 Billion
Market Growth Rate 2024-2032 15.5%


A hyperspectral imaging system can be defined as a technique used to analyze a wide spectrum of light through a spectrometer. The device uses reflected, transferred or emitted light from the object to generate its spectral-based image in multiple colors (including red, blue and green). It also measures the absorption of electromagnetic radiations, reflections and emissions from the object. The imaging technique is commonly used to monitor the development of crops, identification of contaminants in food products, screening of manufacturing defects and automated sorting of products. Owing to this, it finds extensive applications across various industries, including military and defense, mining, agriculture, food and beverage, medical diagnostics, etc.

Global Hyperspectral Imaging Systems Market Report

The growing medical and healthcare sector, along with the increasing adoption of medical imaging systems, is one of the key factors driving the growth of the market. Hyperspectral imaging systems are widely utilized for the diagnosis and treatment of various diseases by analyzing the composition and physiology of the tissues and cells in the body. Furthermore, it is used for detecting the presence of cancerous cells and analyzing the progression of other chronic diseases. Additionally, the increasing deployment of these imaging systems in unmanned aerial vehicles (UAVs) is acting as another growth-inducing factor. Technological advancements in imaging sensors and improvements in spatial resolution are making surveillance, mapping and imaging more effective. Other factors, including growing industrial and agricultural applications, along with extensive research and development (R&D) activities, are projected to drive the market further. 

IMARC Group’s latest report provides a deep insight into the global hyperspectral imaging systems market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the hyperspectral imaging systems market in any manner.

 

 
 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global hyperspectral imaging systems market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product type, application and technology.

Breakup by Product Type:

 
 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Cameras
  • Accessories
     

Based on the product type, cameras currently account for the highest market share.

Breakup by Application:

  • Military Surveillance
  • Remote Sensing
    • Agriculture
    • Mining/Mineral Mapping
    • Environmental Monitoring
    • Others
  • Life Sciences & Medical Diagnostics
  • Machine Vision & Optical Sorting
  • Others


Based on the application, military surveillance currently holds majority of the market share.

Breakup by Technology:

  • Pushbroom
  • Snapshot
  • Others


Based on the technology, snapshot segment currently represents the segment with the highest market share.

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
    • Chile
    • Peru
    • Others
  • Middle East and Africa
    • Turkey
    • Saudi Arabia
    • Iran
    • United Arab Emirates
    • Others
       

Based on geography, North America currently represents the biggest market for hyperspectral imaging systems market.

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Applied Spectral Imaging, BaySpec Inc., ChemImage Corporation, Corning Incorporated, Cubert GmbH, Headwall Photonics, Norsk Elektro Optikk AS (NEO), Resonon Inc., Specim, Spectral Imaging Ltd., Surface Optics Corporation and Telops Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product Type, Application, Technology, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, Argentina, Colombia, Chile, Peru, Turkey, Saudi Arabia, Iran, United Arab Emirates
Companies Covered Applied Spectral Imaging, BaySpec Inc., ChemImage Corporation, Corning Incorporated, Cubert GmbH, Headwall Photonics, Norsk Elektro Optikk AS (NEO), Resonon Inc., Specim, Spectral Imaging Ltd., Surface Optics Corporation and Telops Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global hyperspectral imaging systems market was valued at US$ 19.1 Billion in 2023.

We expect the global hyperspectral imaging systems market to exhibit a CAGR of 15.5% during 2024-2032.

The rising demand for hyperspectral imaging systems to monitor the development of crops, identify contaminants in food products, screen production defects, etc., is primarily driving the global hyperspectral imaging systems market.

The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of hyperspectral imaging systems, as they aid in the diagnosis and treatment of the coronavirus infection by analyzing the composition and physiology of the tissues and cells in the body.

Based on the product type, the global hyperspectral imaging systems market can be categorized into cameras and accessories. Currently, cameras account for the majority of the global market share.

Based on the application, the global hyperspectral imaging systems market has been segregated into military surveillance, remote sensing, life sciences & medical diagnostics, machine vision & optical sorting, and others. Among these, military surveillance currently exhibits a clear dominance in the market.

Based on the technology, the global hyperspectral imaging systems market can be bifurcated into pushbroom, snapshot, and others. Currently, snapshot holds the largest market share.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global hyperspectral imaging systems market include Applied Spectral Imaging, BaySpec Inc., ChemImage Corporation, Corning Incorporated, Cubert GmbH, Headwall Photonics, Norsk Elektro Optikk AS (NEO), Resonon Inc., Specim, Spectral Imaging Ltd., Surface Optics Corporation, and Telops Inc.

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Hyperspectral Imaging Systems Market Report by Product Type (Cameras, Accessories), Application (Military Surveillance, Remote Sensing, Life Sciences & Medical Diagnostics, Machine Vision & Optical Sorting, and Others), Technology (Pushbroom, Snapshot, and Others), and Region 2024-2032
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