Global Hyperspectral Imaging Market 2020-2024

Global Hyperspectral Imaging Market 2020-2024

Technavio has been monitoring the hyperspectral imaging market and it is poised to grow by $ 568.86 mn during 2020-2024 progressing at a CAGR of 15% during the forecast period. Our reports on hyperspectral imaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing use of night vision cameras and rising number of medical diseases. In addition, increasing use of night vision cameras is anticipated to boost the growth of the market as well.

The hyperspectral imaging market analysis includes application segment and geographic landscapes

Technavio's hyperspectral imaging market is segmented as below:

By Application

  • Military and surveillance
  • Healthcare
  • Food and agriculture
  • Remote sensing
  • Other applications
By Geographic Landscapes
  • North America
  • APAC
  • Europe
  • South America
  • MEA
This study identifies the growing number of research projects using hyperspectral imaging techniques as one of the prime reasons driving the hyperspectral imaging market growth during the next few years. Also, increasing investments and adoption of hyperspectral imaging in environmental monitoring and use of hyperspectral imaging in forecasting hurricane force winds will lead to sizable demand in the market.

"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our hyperspectral imaging market covers the following areas:
  • Hyperspectral imaging market sizing
  • Hyperspectral imaging market forecast
  • Hyperspectral imaging market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hyperspectral imaging market vendors that include BaySpec Inc., Corning Inc., Cubert GmbH, Gooch & Housego Plc, Headwall Photonics Inc., Norsk Elektro Optikk AS, Resonon Inc., Specim, Spectral Imaging Ltd., Spectris Plc, and Telops. Also, the hyperspectral imaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis - Electronic equipment and instruments
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • After-sales service
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Application
    • Market segments
      • Table Application - Market share 2019-2024 (%)
    • Comparison by Application
      • Table Comparison by Application
    • Military and surveillance - Market size and forecast 2019-2024
      • Table Military and surveillance - Market size and forecast 2019-2024 ($ million)
      • Table Military and surveillance - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Military and surveillance - Year-over-year growth 2019-2024 (%)
    • Healthcare - Market size and forecast 2019-2024
      • Table Healthcare - Market size and forecast 2019-2024 ($ million)
      • Table Healthcare - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Healthcare - Year-over-year growth 2019-2024 (%)
    • Food and agriculture - Market size and forecast 2019-2024
      • Table Food and agriculture - Market size and forecast 2019-2024 ($ million)
      • Table Food and agriculture - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Food and agriculture - Year-over-year growth 2019-2024 (%)
    • Remote sensing - Market size and forecast 2019- 2024
      • Table Remote sensing - Market size and forecast 2019-2024 ($ million)
      • Table Remote sensing - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Remote sensing - Year-over-year growth 2019-2024 (%)
    • Other applications - Market size and forecast 2019-2024
      • Table Other applications - Market size and forecast 2019-2024 ($ million)
      • Table Other applications - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Other applications - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application
  • Customer Landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table North America - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing use of night vision cameras
      • Increasing number of medical diseases
      • Growing adoption of UAVs
    • Market challenges
      • High capital investment
      • High cost of the products using hyperspectral imaging technology
      • Super resolution challenges
        • Table Impact of drivers and 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
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • BaySpec Inc.
      • Table BaySpec Inc. - Overview
      • Table BaySpec Inc. - Product and service
      • Table BaySpec Inc. - Key offerings
    • Corning Inc.
      • Table Corning Inc. - Overview
      • Table Corning Inc. - Business segments
      • Table Corning Inc. - Key news
      • Table Corning Inc. - Key offerings
      • Table Corning Inc. - Segment focus
    • Cubert GmbH
      • Table Cubert GmbH - Overview
      • Table Cubert GmbH - Product and service
      • Table Cubert GmbH - Key offerings
    • Gooch & Housego Plc
      • Table Gooch & Housego Plc - Overview
      • Table Gooch & Housego Plc - Business segments
      • Table Gooch & Housego Plc - Key offerings
      • Table Gooch & Housego Plc - Segment focus
    • Headwall Photonics Inc.
      • Table Headwall Photonics Inc. - Overview
      • Table Headwall Photonics Inc. - Product and service
      • Table Headwall Photonics Inc. - Key news
      • Table Headwall Photonics Inc. - Key offerings
    • Norsk Elektro Optikk AS
      • Table Norsk Elektro Optikk AS - Overview
      • Table Norsk Elektro Optikk AS - Product and service
      • Table Norsk Elektro Optikk AS - Key offerings
    • Resonon Inc.
      • Table Resonon Inc. - Overview
      • Table Resonon Inc. - Product and service
      • Table Resonon Inc. - Key offerings
    • Specim, Spectral Imaging Ltd.
      • Table Specim, Spectral Imaging Ltd. - Overview
      • Table Specim, Spectral Imaging Ltd. - Product and service
      • Table Specim, Spectral Imaging Ltd. - Key news
      • Table Specim, Spectral Imaging Ltd. - Key offerings
    • Spectris Plc
      • Table Spectris Plc - Overview
      • Table Spectris Plc - Business segments
      • Table Spectris Plc - Key news
      • Table Spectris Plc - Key offerings
      • Table Spectris Plc - Segment focus
    • Telops
      • Table Telops - Overview
      • Table Telops - Product and service
      • Table Telops - Key news
      • Table Telops - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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