Report Highlights
The global market for hyperspectral imaging will grow from nearly $73.6 million in 2015 to $152.9 million by 2020 with a compound annual growth rate (CAGR) of 15.7% for the period of 2015-2020.
Report Includes
- An overview of the global markets for hyperspectral imaging, a digital spectroscopy which combines methods such as NIR (near infrared), visible, and fluorescence imaging.
- Analyses of global market trends, with data from 2014, 2015, and projections of CAGRs through 2020.
- Information covering advancement in the technology of hyperspectral imaging in different applications, especially in healthcare and research activities fuelling the growth of the market.
- A look at the increasing adoption of hyperspectral imaging in the fields of diagnostics, life sciences, military surveillance, and mining, as key driving factors for the hyperspectral imaging market.
- Detailed analysis pertaining to market sizes, revenue forecasts, the value chain, market & product trends, and the competitive landscape.
- Profiles of major players in the industry.
Report Scope
The hyperspectral imaging market is segmented into the following categories:
- By technology: spatial scanning and spectral scanning.
- By form factor: portable and benchtop. The portable equipment sector is further segmented into handheld and others. The benchtop equipment sector is further segmented into rack- mounted and others.
- By system: benchtop camera, outdoor camera, airborne camera and hyperspectral software.
- By application: military surveillance, mineralogy, food processing, agriculture, healthcare, research and others.
- By region: North America (United States, Canada and Mexico); Europe (United Kingdom, Germany, France, Italy and rest of Europe); Asia-Pacific (India, China, Japan, South Korea and rest of Asia-Pacific); and Rest of World (RoW) (the Middle East, Africa and Latin America, which includes Central and South America).
In addition to an industry and competitive analysis of the hyperspectral imaging market, this report includes a patent analysis and a listing of company profiles for key players in the market.
Analyst Credentials
Sinha G. Gaurav, research analyst, holds an MBA in finance from ICFAI Business School, Hyderabad (India), and a bachelor's degree in electrical engineering from Rajasthan University (India). He has worked in almost all domains across the market research industry. He has 11 years of experience in the fields of market research and investment banking. His primary focus is in healthcare, chemicals, electronics, finance and database designing. His publications include subjects such as quantum dots, IT in healthcare, alternative data, ultrafast lasers, inorganic polymers, waste management, factory automation and Voxel, among others.
Related Reports
Global Markets for Laser Systems, Components and Materials
The global market for laser systems, components and materials is expected to grow from $21.0 billion in 2024 to reach $30.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.7% from 2024 through 2029.
Fiber Optic Connectors: Global Markets
The global market for fiber optic connectors should grow from $4.0 billion in 2020 to $6.2 billion by 2025, at compound annual growth rate (CAGR) of 9.4% for the period of 2020-2025.
CCD and CMOS Sensors: Technologies and Global Markets
The global market for CCD and CMOS sensors reached $12.1 billion in 2016. The market should reach $13.9 billion in 2017 and $30.3 billion by 2022, increasing at a compound annual growth rate (CAGR) of 16.9% from 2017 through 2022.
Biophotonics: Technologies and Global Markets
The global biophotonics market should grow from $32.2 billion in 2016, by a five year compound annual growth rate (CAGR) of 10.8%, to reach nearly $53.8 billion in 2021.
Recent Reports
2024 Robotics Technology Research Review
This 2024 Research Review of Robotics Technology Market provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
2024 Instrumentation & Sensors Research Review
This 2024 Instrumentation and Sensors Research Review provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
Global Markets for Automotive Sensor Technologies
The global market for automotive sensor technologies was valued at $37.0 billion in 2023. This market is expected to grow from $37.8 billion in 2024 to $51.6 billion by 2029, at a compound annual growth rate (CAGR) of 6.4% from 2024 through 2029.
Global Fluorescence Microscopy Market
The global market for fluorescence microscopy is expected to grow from $968.5 million in 2024 and is projected to reach $1.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.5% during the forecast period of 2024 to 2029.
Hyperspectral Imaging: Technologies and Global Markets
The global market for hyperspectral imaging was valued at $277.7 million in 2023. It is expected to grow from $301.4 million in 2024 to $472.9 million by 2029, at a compound annual growth rate (CAGR) of 9.4% from 2024 through 2029.
Top Trending Reports
Global Markets for Emerging Medical Device Technologies
The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.
Global Diabetic Care Devices Market
The global market for diabetes monitoring devices is expected to grow from $16.6 billion in 2024 to $26.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.1% from 2024 through 2029.
Single-Cell Genomics and Proteomics: Emerging Technologies and Markets
The global market for single-cell genomics and proteomics is expected to grow from $4.0 billion in 2024 to reach $9.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 17.6% from 2024 through 2029.
Global Lithium-ion Battery Market
The global market for lithium-ion battery (LIB) is expected to grow from $117.8 billion in 2024 and is projected to reach $221.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 13.5% during the forecast period of 2024 to 2029.
Carbon Capture, Utilization & Storage Technologies
The global market for carbon capture, utilization and storage (CCUS) technologies is expected to grow from $3.4 billion in 2024 and is projected to reach $9.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 23.1% during the forecast period of 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More