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Global Hyperspectral Imaging Market 2017-2021

Global Hyperspectral Imaging Market 2017-2021

About Hyperspectral Imaging

Hyperspectral imaging is the process of collecting and processing the data from across the electromagnetic spectrum. It is done to find objects, identify materials, or detect processes. A hyperspectral camera obtains the light intensity for multiple continuous spectral bands for every pixel in an image. Each pixel in the image is thus used to distinguish the objects and materials in the scene with accuracy.

Technavio’s analysts forecast the global hyperspectral imaging market to grow at a CAGR of 11.89% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global hyperspectral imaging market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Hyperspectral Imaging Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Corning
  • Headwall Photonics
  • Resonon
  • SPECIM
  • Telops
Other prominent vendors
  • Applied Spectral Imaging
  • Brandywine Photonics
  • ChemImage
  • Cubert
  • Galileo Group
  • Gooch & Housego
  • HyVista Corporation
  • Surface Optics
  • XIMEA
Market driver
  • Increasing use of night vision cameras
  • For a full, detailed list, view our report
Market challenge
  • High capital investment
  • For a full, detailed list, view our report
Market trend
  • Growing number of research projects using hyperspectral imaging techniques
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Hyperspectral Imaging Market 2017-2021

Technavio recognizes the following companies as the key players in the global hyperspectral imaging market: Corning, Headwall Photonics, Resonon, SPECIM, and Telops.

Other Prominent Vendors in the market are: Applied Spectral Imaging, Brandywine Photonics, ChemImage, Cubert, Galileo Group, Gooch & Housego, HyVista Corporation, Surface Optics, and XIMEA.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing number of research projects using hyperspectral imaging techniques. Hyperspectral imaging has been used in different research areas such as vegetation research, food analysis, mineral research, and forensics. Hyperspectral scanners can detect and measure the physical, chemical, and biological properties of objects and living organisms.”

According to the report, one driver in the market is increasing use of night vision cameras. Territorial conflicts across the world have raised security concerns globally. This is forcing the governments across the world to explore modern technologies that offer better safety to the citizens. The rising fear of terrorism has created a market for products that provide perpetual surveillance. The demand for night vision cameras is expected to grow due to the worsening global security. The increasing demand for secure living premises will lead to an increased demand for night vision cameras globally.

Further, the report states that one challenge in the market is high capital investment. The global hyperspectral imaging sensors market needs high capital investment, which is a major challenge for the growth of this market. The rapid advances in technology have resulted in the emergence of sophisticated electronic goods that need special types of low light level imaging sensors capital equipment. Hence, to cater to the growing requirements of consumers, foundries require high capital to expand their production capacity and invest in R&D. Some of the vendors in the market do not have the capacity to make high capital investments and find the investment very risky as the profitability comes after a long time.

Companies Mentioned

Corning, Headwall Photonics, Resonon, SPECIM, Telops, Applied Spectral Imaging, Brandywine Photonics, ChemImage, Cubert, Galileo Group, Gooch & Housego, HyVista Corporation, Surface Optics, XIMEA

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
    • Comparison between hyperspectral imaging and multispectral imaging
      • Table Comparison between hyperspectral imaging and multispectral imaging
      • Table Hyperspectral imaging workflow
    • Advantages of hyperspectral imaging
  • Market landscape
    • Market overview
      • Table Overview of global hyperspectral imaging market
    • Market size and forecast
      • Table Global hyperspectral imaging market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global hyperspectral imaging market by application
      • Table Global hyperspectral imaging market by application 2016 ($ millions)
      • Table Global hyperspectral imaging market by application 2016-2021 (% share of revenue)
    • Global hyperspectral imaging market by military and surveillance
      • Table Global hyperspectral imaging market by military and surveillance 2016-2021 ($ millions)
    • Global hyperspectral imaging market by healthcare
      • Table Global hyperspectral imaging market by healthcare 2016-2021 ($ millions)
    • Global hyperspectral imaging market by food and agriculture
      • Table Global hyperspectral imaging market by food and agriculture 2016-2021 ($ millions)
    • Global hyperspectral imaging market by remote sensing
      • Table Global hyperspectral imaging market by remote sensing 2016-2021 ($ millions)
    • Global hyperspectral imaging market by machine vision
      • Table Global hyperspectral imaging market by machine vision 2016-2021 ($ millions)
    • Global hyperspectral imaging market by others
      • Table Global hyperspectral imaging market by others 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Global hyperspectral imaging market – market size and forecast
    • Regional comparison
      • Table Regional comparison
    • Americas – market size and forecast
      • Table Americas – market size and forecast ($ millions)
      • Table Americas – Year-over-year growth 2017-2021 (% share of revenue)
      • Table Top three countries in Americas
    • EMEA – market size and forecast
      • Table EMEA – market size and forecast ($ millions)
      • Table EMEA – Year-over-year growth 2017-2021 (% share of revenue)
      • Table Top three countries in EMEA
    • APAC – market size and forecast
      • Table APAC – market size and forecast ($ millions)
      • Table APAC – Year-over-year growth 2017-2021 (% share of revenue)
      • Table Top three countries in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing number of research projects using hyperspectral imaging techniques
    • Increasing investments and adoption of hyperspectral imaging in environmental monitoring
    • Increasing use of hyperspectral imaging in forecasting hurricane force winds
  • Vendor landscape
    • Competitive scenario
    • Prominent vendors
      • Table List of prominent vendors
  • Key vendor analysis
    • Corning
      • Table Corning: Recent developments
    • Headwall Photonics
      • Table Headwall Photonics: Recent developments
    • Resonon
      • Table Resonon: Recent developments
    • SPECIM
      • Table SPECIM: Recent developments
    • Telops
      • Table Telops: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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