Auther / Researcher : RMf_47867
  • Category : Healthcare
  • Region : Global
  • Publishing Date : 07/19/2020
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Global Hyperspectral Imaging System Market-By Product (Camera and Accessories), Application (Military Surveillance, Remote Sensing, Machine Vision/Optical Sorting, Life Sciences & Medical Diagnosis), Technology, By Region - Industry Analysis & Forecast 2024


The global hyperspectral imaging systems market was valued at USD 11.12 billion in 2019 and expected to reach up to USD 25.24 billion by 2024 at a CAGR around 17.8%.

This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global artificial kidney market. The historic years considered for the study are 2015-2017, base year is 2018, estimated year is 2019, and forecast period is 2020-2024.

The key market players are ChemImage Corporation, (US), Headwall Photonics, Inc. (US), BaySpec, Inc. (US),  Corning Incorporated (US), imec (Belgium), Surface Optics Corporation (US), Applied Spectral Imaging, Inc. (US), Norsk Elektro Optikk AS (Norway), Resonon, Inc. (US), Specim, Spectral Imaging Ltd. (Finland), Telops, Inc. (Canada), Cubert GmbH (Germany), inno-spec GmbH (Germany), and XIMEA GmbH (Germany). 

Market definition:

Hyperspectral imaging (HSI) gathers information across the electromagnetic spectrum and process it to get the spectrum for each pixel in the image of a scene. HIS technique studies a wide spectrum of light to each pixel and not only primary colours such as red, green and blue. The main aim of HIS is to find object, detect material and processes. It is the combination of spectroscopy and digital imaging. HIS enhances the ability to segregate the objects based on spectral properties. It offers substantial information for processing and analysing the image. Hyperspectral imaging (HSI) is an emerging treatment tool in health-care sector. It can be used for disease diagnosis, tissue assessment and image-guided surgery. Many manufacturers are investing in HIS, considering its advantages.

Market Drivers:

• Increasing industrial applications of hyperspectral imaging in various sectors (Healthcare, Defence, food industry, and R&D)

• Technological Advancements

Market restraints:

• High cost of Machines

• Data storage issue

Market opportunities

• Technological advancements, like sensor design, high spectral resolution

 

Geographical Analysis:

North America region contributed to major market share, in 2018 followed by Europe. The factors that are propelling the growth of hyperspectral imaging system market, in North America include growing awareness about the benefits of hyperspectral imaging system, increasing funding in research and developments and technological advancement. 

Asia-Pacific region is expected to show fastest growth during the forecast period owing to increasing government funding for R &D, growing awareness about benefits of HSI in healthcare and other sectors, growing number of patients with the need of advanced treatments. 

 

Critical Questions Answered in the report

• What are the key trends in global hyperspectral imaging systems market market?

• How the market (and its various sub segments) has grown in last four years and what would be the growth rate in next five years?

• What are the key strategies adopted by the major vendors to lead in the global hyperspectral imaging systems market?

• What is the market share of the top vendors?


The study extensively uses both secondary and primary research methodologies. More than 100 industry experts from different phases of the value chain (supply side, demand side, resellers/distributors, and independent consultants) were interviewed to gain key insights about the market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, new/journals, white papers, survey papers, associations and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes algorithms to make projections for the forecast period.


 1 Executive Summary

 

 2 Market Introduction

 2.1 Definition

 2.2 Architecture

 2.3 Scope of the Study

 2.4 Related Stakeholders

 

 3 Research Methodology

 3.1 Introduction

 3.2 Primary Research

 3.2.1 Key Insights

 3.2.2 Breakdown of Primary Interviews

 3.3 Secondary Research

 3.3.1 Important Sources

 3.4 Market Size Estimation Approaches

 3.4.1 Top-Down Approach

 3.4.2 Bottom-Up Approach

 3.4.3 Data Triangulation

 3.5 List of Assumptions

 

 4 Market Dynamics

 4.1 Introduction

 4.2 Drivers

 4.2.1 Increasing industrial applications of hyperspectral imaging in various sectors 

 4.2.2 Technological Advancements

 4.3 Restraints

 4.3.1 High cost of Machines

 4.3.2 Data storage issue

 4.4 Opportunities

 4.4.1 Technological advancements, like sensor design, high spectral resolution

 4.5 Porter's Five Forces Model Analysis

 4.6 Value Chain Analysis

 4.7 Regulatory Landscape

 4.8 Impact of COVID 19

 

 5 Global Hyperspectral Imaging System Market, By Product

 5.1 Introduction

 5.2 Camera

 5.3 Accessories

 

 6 Global Hyperspectral Imaging System Market, By Application

 6.1 Introduction

 6.2 Military Surveillance

 6.3 Remote Sensing

 6.4 Machine Vision/Optical Sorting

 6.5 Life Sciences & Medical Diagnosis

 

 7 Global Hyperspectral Imaging System Market, By Technology

 7.1 Introduction

 7.2 Snapshot

 7.3 Push Broom

 

 8 Global Hyperspectral Imaging System Market, By Region

 8.1 Introduction

 8.2 North America

 8.2.1 US

 8.2.2 Canada

 8.2.3 Mexico

 8.3 Europe

 8.3.1 Germany

 8.3.2 UK

 8.3.3 France

 8.3.4 Italy

 8.3.5 Spain

 8.3.6 Rest of Europe

 8.4 Asia-Pacific

 8.4.1 China

 8.4.2 India

 8.4.3 Japan

 8.4.4 South Korea

 8.4.5 Rest of Asia-Pacific

 8.5 Middle East and Africa

 8.6 South America

 

 9 Competitive Landscape

 9.1 Introduction

 9.2 Vendor Evaluation Criteria

 9.3 Market Share Analysis, 2019 (%)

 9.4 Recent Developments, 2016-2019

 9.4.1 New Application Launches

 9.4.2 Partnerships

 9.4.3 Mergers or Acquisitions

 9.4.4 Business Expansions

 

 10 Company Profiles

(This section covers the Business Overview, Financial Overview, Application and Application Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.)

 10.1 ChemImage Corporation, (US)

 10.2 Headwall Photonics, Inc. (US)

 10.3 BaySpec, Inc. (US)

 10.4 Corning Incorporated (US) 

 10.5 imec (Belgium) 

 10.6 Surface Optics Corporation (US)

 10.7 Applied Spectral Imaging, Inc. (US)

 10.8 Norsk Elektro Optikk AS (Norway)

 10.9 Resonon, Inc. (US)

 10.10 Specim, Spectral Imaging Ltd. (Finland)

 10.11 Telops, Inc. (Canada)

 10.12 Cubert GmbH (Germany)

 10.13 inno-spec GmbH (Germany)

 10.14 XIMEA GmbH (Germany) 

 

 11 Appendix

 11.1 Discussion Guide

 11.2 Customization Options

 11.3 Related Reports

 

 

 

 

List of Tables

 

Table 1 Global Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 2 Global Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 3 Global Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 4 Global Hyperspectral Imaging System Market, By Region, 2015-2024 (USD Million)

Table 5 North America Hyperspectral Imaging System Market, By Country, 2015-2024 (USD Million)

Table 6 North America Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 7 North America Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 8 North America Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 9 US Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 10 US Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 11 US Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 12 Canada Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 13 Canada Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 14 Canada Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 15 Mexico Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 16 Mexico Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 17 Mexico Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 18 Europe Hyperspectral Imaging System Market, By Country, 2015-2024 (USD Million)

Table 19 Europe Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 20 Europe Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 21 Europe Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 22 Germany Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 23 Germany Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 24 Germany Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 25 UK Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 26 UK Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 27 UK Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 28 France Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 29 France Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 30 France Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 31 Italy Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 32 Italy Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 33 Italy Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 34 Spain Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 35 Spain Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 36 Spain Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 37 Rest of Europe Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 38 Rest of Europe Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 39 Rest of Europe Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 40 Asia-Pacific Hyperspectral Imaging System Market, By Country, 2015-2024 (USD Million)

Table 41 Asia-Pacific Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 42 Asia-Pacific Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 43 Asia-Pacific Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 44 China Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 45 China Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 46 China Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 47 India Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 48 India Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 49 India Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 50 Japan Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 51 Japan Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 52 Japan Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 53 South Korea Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 54 South Korea Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 55 South Korea Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 56 Rest of Asia-Pacific Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 57 Rest of Asia-Pacific Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 58 Rest of Asia-Pacific Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 59 Middle East and Africa Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 60 Middle East and Africa Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 61 Middle East and Africa Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

Table 62 South America Hyperspectral Imaging System Market, By Product, 2015-2024 (USD Million)

Table 63 South America Hyperspectral Imaging System Market, By Application, 2015-2024 (USD Million)

Table 64 South America Hyperspectral Imaging System Market, By Technology, 2015-2024 (USD Million)

 

List of Figures

 

Figure 1 Global Hyperspectral Imaging System Market: Market Segmentation

Figure 2 Global Hyperspectral Imaging System Market: Research Methodology

Figure 3 Breakdown of Primary Interviews

Figure 4 Top Down Approach

Figure 5 Bottom Up Approach

Figure 6 Data Triangulation

Figure 7 Global Hyperspectral Imaging System Market: Drivers, Restraints, Opportunities, and Challenges

Figure 8 Global Hyperspectral Imaging System Market: Porter's Five Forces Model Analysis

Figure 9 Global Hyperspectral Imaging System Market: Value Chain Analysis

Figure 10 Global Hyperspectral Imaging System Market Share Analysis, By Product, 2019 and 2024

Figure 11 Global Hyperspectral Imaging System Market Share Analysis, By Application, 2019 and 2024

Figure 12 Global Hyperspectral Imaging System Market Share Analysis, By Technology, 2019 and 2024

Figure 13 Global Hyperspectral Imaging System Market Share Analysis, By Region, 2019 and 2024

Figure 14 North America Hyperspectral Imaging System Market Share Analysis, By Country, 2019 and 2024

Figure 15 North America Hyperspectral Imaging System Market Share Analysis, By Product, 2019 and 2024

Figure 16 North America Hyperspectral Imaging System Market Share Analysis, By Application, 2019 and 2024

Figure 17 North America Hyperspectral Imaging System Market Share Analysis, By Technology, 2019 and 2024

Figure 18 Europe Hyperspectral Imaging System Market Share Analysis, By Country, 2019 and 2024

Figure 19 Europe Hyperspectral Imaging System Market Share Analysis, By Product, 2019 and 2024

Figure 20 Europe Hyperspectral Imaging System Market Share Analysis, By Application, 2019 and 2024

Figure 21 Europe Hyperspectral Imaging System Market Share Analysis, By Technology, 2019 and 2024

Figure 22 Asia-Pacific Hyperspectral Imaging System Market Share Analysis, By Country, 2019 and 2024

Figure 23 Asia-Pacific Hyperspectral Imaging System Market Share Analysis, By Product, 2019 and 2024

Figure 24 Asia-Pacific Hyperspectral Imaging System Market Share Analysis, By Application, 2019 and 2024

Figure 25 Asia-Pacific Hyperspectral Imaging System Market Share Analysis, By Technology, 2019 and 2024

Figure 26 Middle East and Africa Hyperspectral Imaging System Market Share Analysis, By Product, 2019 and 2024

Figure 27 Middle East and Africa Hyperspectral Imaging System Market Share Analysis, By Application, 2019 and 2024

Figure 28 Middle East and Africa Hyperspectral Imaging System Market Share Analysis, By Technology, 2019 and 2024

Figure 29 South America Hyperspectral Imaging System Market Share Analysis, By Product, 2019 and 2024

Figure 30 South America Hyperspectral Imaging System Market Share Analysis, By Application, 2019 and 2024

Figure 31 South America Hyperspectral Imaging System Market Share Analysis, By Technology, 2019 and 2024

Figure 32 Global Hyperspectral Imaging System Market: Competitive Benchmarking

Figure 33 Global Hyperspectral Imaging System Market: Vendor Share Analysis, 2019 (%)