Hyperspectral Imaging Market
Hyperspectral Imaging Market Study by Snapshot and Push Broom Tech for Mining, Forestry & Agriculture, Infrastructure, Oil & Gas, Aerospace, and Environment Monitoring & Control from 2024 to 2034
Analysis of Hyperspectral Imaging Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Hyperspectral Imaging Market Outlook (2024 to 2034)
Expanding at a CAGR of 10.6%, the global hyperspectral imaging market is expected to increase from a value of US$ 856.3 million in 2024 to US$ 2.34 billion by the end of 2034, according to this updated industry analysis by Fact.MR.
Image analysis of micro plastics using hyperspectral imaging is an emerging technique. Recent developments in hyperspectral sensors have made hyperspectral image processing an important research field in remote sensing.
Hyperspectral imaging technologies are expected to exhibit high growth in the coming 10 years because these systems can be used to analyse contagious diseases including those like COVID-19. Multispectral cameras and point spectrometers are set to become more portable, cost-effective, and easily controlled with handheld devices and cell phones as manufacturers are focusing on investing in R&D of mobile imaging technologies. New advancements in instrumentation and data analysis are further expanding the therapeutic potential of hyperspectral imaging.
Hyperspectral imaging can be viewed as a ‘Next Generation Imaging’ for clinical research in the future. Further, due to its contactless, non-invasive nature and short processing time, it can quantify a wide range of predefined substances. Through hyperspectral imaging, one could detect carcinomas, classify different tissue structures, and assess blood flow in tissues.
- The North American hyperspectral imaging market size is anticipated to reach US$ 569.9 million by 2034.
- East Asia is estimated to hold 22.4% of the global hyperspectral imaging market share in 2024.
| Report Attributes | Details |
|---|---|
| Hyperspectral Imaging Market Size (2024E) | US$ 856.3 Million |
| Forecasted Market Value (2034F) | US$ 2.34 Billion |
| Global Market Growth Rate (2024 to 2034) | 10.6% CAGR |
| South Korea Market Value (2034F) | US$ 125.1 Million |
| Canada Market Value (2024E) | US$ 68.8 Million |
| Key Companies Profiled | Hexagon AB; HyperSpectral Solutions LLC; Hansa Luftbild AG; L3Harris Technologies (Harris Corporation); Planet Labs PBC; Airbus Defence and Space; Satellogic SA; SpecTIR; Antrix Corporation; Cyient; Sanborn Map Company |
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Which Market Dynamics are Influencing Sales of Hyperspectral Imaging Solutions?
“Multi-faceted Features of Hyperspectral Imaging Driving Widespread Application”
Growing number of funding and investments is leading to a rise in the need for advanced hyperspectral imaging technologies. Technological advancements such as integration of artificial intelligence, machine learning, and Internet of thongs and the increasing demand from various sectors are expected to boost the sales of advanced hyperspectral imaging systems.
Increasing data management techniques and improved component fabrication is allowing hyperspectral imaging to be used for a range of applications, from food inspection to pathogen detection to airport security.
Hyperspectral technology was originally developed for secret military satellites and surveillance but was limited due to its high cost and the difficulty in shifting data. However, advancements in computing and improvement to data acquisition and analysis are enabling hyperspectral imaging’s benefits to be applied across countless disciplines, from astronomy to weather forecasting. Rising need for food inspections, pathogen detection, airport security, law enforcement, and oil & gas pipeline inspections reflects a high focus on safety and security.
Ongoing advancements in computing, data processing techniques, and volume fabrication techniques are set to reduce the cost and size of sensors and detectors leading to the production of HSI systems. Hyperspectral imaging (HSI) is exhibiting increasing adoption in the pharmaceutical sector, particularly in emerging economies. Furthermore, hyperspectral cameras are being widely used in defense and industrial purposes.
“Integration of Digital Technologies to Boost Capabilities of Hyperspectral Imaging Systems”
In collaboration with industry partners, researchers are discovering new ways to use and analyze HSI video for a wide variety of applications. Using conventional imaging technology and spectroscopy, researchers developed spectral imaging to get both spatial and spectral information from an object.
Though it was originally developed for remote sensing, this technology is now applied to biological and biomedical research as an analytical tool with great utility. Analytical capabilities and performance of spectral imaging systems for biological and biomedical imaging are examined by the researchers.
With encouraging results, hyperspectral imaging was recently used for microplastics (MP) analysis in aquatic environment. This technique was initially developed for remote sensing of the earth's surface, but now it is used for identifying various materials. HSI is most commonly utilized in the recycling industry to separate plastics by polymer type.
Miniature imaging spectrographs/spectrometers, snapshot hyperspectral cameras, and all-in-one small hyperspectral cameras are useful in creating compact and portable imaging systems and devices. Integration of artificial intelligence and machine learning are expected to produce smart sensing devices and instruments.
Which Factors are Impacting the Market for Hyperspectral Imaging Systems?
“High Costs of Advanced Hyperspectral Imaging Technologies”
For analysing hyperspectral data, sensitive detectors, smart computers, and large storage capacities are needed. Manufactures are investing heavily in the development of compact hyperspectral imaging systems but this is set to boost the overall production costs. Thus, high cost of advanced technologies is expected to hamper the hyperspectral imaging market growth during the next 10 years.
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Start-up Ecosystem
- Gamaya is a Switzerland-based start-up that offers hyperspectral cameras with advanced data analytics for precise agriculture practices. The 40-band detects pests, weeds, diseases and nutrition issues.
- Outsight is a France-based start-up offers 3D hyperspectral camera solution to attain full situational awareness for autonomous cars and robots. The camera monitors and detects traffic signs, markings, road, plants, black ice, snow, and debris.
Country-wise Analysis
What Makes the United States an Opportunistic Market for Hyperspectral Imaging Technology Providers?
“Surge in Defense Expenditure to Push Uptake of Hyperspectral Imaging Solutions”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 91.1 Million |
| Growth Rate (2024 to 2034) | 11.1% CAGR |
| Projected Value (2034F) | US$ 259.9 Million |
The United States is witnessing high adoption of hyperspectral imaging services in the mining & mineral, forestry & agriculture as well as aerospace & defense sectors. The country spends heavily on the military sector, to make it the world's largest military power. The increase in expenditure is likely to finance the next-generation fighter jet equipped with sensors that can detect different surfaces and radiation from greater heights. Surveillance and defense spending developments are expected to drive the growth of the market in the United States.
Small companies are seeing a rise in federal and private investments to finance R&D activities, opening the door for hyperspectral vendors to commercialize their initial discoveries. Also, government agencies are reassessing their strategies and trying to launch hyperspectral imaging satellites.
Why is China a Key Market in East Asia?
“Rapid Progress in Space-Borne Hyperspectral Remote Sensing”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 93.8 Million |
| Growth Rate (2024 to 2034) | 10.6% CAGR |
| Projected Value (2034F) | US$ 257.3 Million |
A series of Chinese hyperspectral satellites have been successfully launched and operated in recent years, including the Shenzhou-3 spacecraft, the SPARK satellite, the Gaofen-5 satellite, the Zhuhai-1 satellite network for environmental and resources monitoring, the Feng Yun series of satellites for meteorological observation, and the Chang’E series of spacecraft for planetary exploration. Space-borne Chinese Hyperspectral Remote Sensing (HRS) systems now have various new features, such as wide swath widths, high spatial resolutions, broad spectral ranges, hyperspectral satellite networks, and microsatellites.
Hyperspectral imagers are used for more than just Earth observation. They are also a part of the Chinese program for creating the first-ever lunar lander. The development of microsatellite technology and hyperspectral imaging technology is responsible for the growth in space-borne HRS in China.
- For instance, In September 2021, China launched its Gaofen 5 (02) hyperspectral Earth observation satellite to carry out 40 missions. By employing hyperspectral imaging, the satellite can photograph hundreds of very narrow channels of light from ultraviolet to long-wave infrared, which allows it to produce images that indicate the material composition of objects viewed.
Why is Hyperspectral Imaging Gaining Traction in Germany?
“Extensive Applications of Hyperspectral Imaging Systems in Pharmaceutical Sector”
Medical care needs in this country are leading to a rise in demand for hyperspectral imaging. A thematic analysis of the spatial distribution of potentially reusable materials at dumpsites using terrestrial hyperspectral imaging is a novel application that has a timely impact in terms of society's drive to better manage resources.
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Category-wise Analysis
Which Technology is Popular in This Market?
“Snapshot Spectral Imaging Systems Based on Diffracted Rotation Gaining Widespread Attention”
| Attribute | Snapshot |
|---|---|
| Segment Value (2024E) | US$ 411 Million |
| Growth Rate (2024 to 2034) | 9.6% CAGR |
| Projected Value (2034F) | US$ 1.03 Billion |
Rising need for high-resolution and real-time spectral data is driving the demand for snapshot technology-based hyperspectral imaging solutions. These snapshot spectral sensors uses optical designs, which vary from standard forms. Furthermore, these technologies do not require scanning in spectral or spatial dimensions such as push broom. These systems based on diffracted rotation are also gaining traction.
Where Will Hyperspectral Imaging Solution Providers Find Ample Business Opportunities?
“Rising Integration of Hyperspectral Technologies in Environmental Monitoring and Control”
| Attribute | Environmental Monitoring and Control |
|---|---|
| Segment Value (2024E) | US$ 154.1 Million |
| Growth Rate (2024 to 2034) | 13.8% CAGR |
| Projected Value (2034F) | US$ 562.8 Million |
Hyperspectral imaging is emerging as a vital tool for various applications ranging from remote sensing of earth’s surface to archaeology and art conservation. The introduction of field deployable hyperspectral imaging solutions within environmental monitoring is an innovative hyperspectral imaging market trend that is expected to revolutionize the sensing field in the coming decade.
Competitive Landscape
Through strategic partnerships, manufacturers are set to boost production and meet consumer demands, which are further expected to increase profits of key players in the hyperspectral imaging market. Innovative hyperspectral technologies are also developed by manufacturers to attain a strong market position.
- In 2021, Apeel Sciences, a leading provider of fresh produce preservation technology, acquired ImpactVision a start-up that provides hyperspectral imaging solutions.
- In 2023, Specim announced the launch of next-generation NIR hyperspectral camera ‘Specim GX17’ for industrial machine vision.
Key Segments of Hyperspectral Imaging Market Research
-
By Technology :
- Snapshot
- Push Broom
- Others
-
By Product :
- Cameras
- Accessories
-
By End-Use Industry :
- Mining & Mineral
- Forestry & Agriculture
- Infrastructure & Urban Planning
- Oil & Gas
- Utility & Energy
- Aerospace & Defense
- Environment Monitoring & Control
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Market Background
- 5. Global Market Demand (US$ Mn) Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 6. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by End-Use Industry
- 6.1. Mining and Mineral
- 6.2. Forestry and Agriculture
- 6.3. Infrastructure and Urban Planning
- 6.4. Oil & Gas
- 6.5. Utility and Energy
- 6.6. Aerospace & Defence
- 6.7. Environment Monitoring and Control
- 6.8. Others
- 7. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region
- 7.1. North America
- 7.2. Latin America
- 7.3. Europe
- 7.4. Asia Pacific
- 7.5. Middle East and Africa (MEA)
- 8. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 9. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 10. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 11. Asia Pacific Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 12. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 13. Emerging Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. Market Structure Analysis
- 15. Competition Analysis
- 15.1. Airbus Defence and Space
- 15.2. Antrix Corporation
- 15.3. CYIENT
- 15.4. Hansa Luftbild
- 15.5. Harris Corporation
- 15.6. Hexagon AB
- 15.7. HyperSpectral Solutions LLC
- 15.8. Planet Labs
- 15.9. Satellogic SA
- 15.10. SpecTIR
- 15.11. The Sanborn Map Company
- 16. Assumptions and Acronyms Used
- 17. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 02: Global Market Value (US$ Mn), by Mining & Mineral (2018 to 2034)
Table 03: Mining & Mineral Market Value (US$ Mn), by Drainage patterns
Table 04: Mining & Mineral Market Value (US$ Mn), by Thickness of bedding
Table 05: Mining & Mineral Market Value (US$ Mn), by Mineral exploration
Table 06: Global Market Value (US$ Mn), by Forestry and Agriculture (2018 to 2034)
Table 07: Forestry and Agriculture Market Value (US$ Mn), by Weed Mapping
Table 08: Forestry and Agriculture Market Value (US$ Mn), by Yield Estimation
Table 09: Forestry and Agriculture Market Value (US$ Mn), by Seed Performance Analysis
Table 10: Forestry and Agriculture Market Value (US$ Mn), by Vegetation Classification
Table 11: Forestry and Agriculture Market Value (US$ Mn), by Terrain analysis
Table 12: Forestry and Agriculture Market Value (US$ Mn), by forest management
Table 13: Forestry and Agriculture Market Value (US$ Mn), by Existing forest inventories Updation
Table 14: Forestry and Agriculture Market Value (US$ Mn), by Other Use Cases
Table 15: Global Market Value (US$ Mn), by Infrastructure and Urban Planning(2018 to 2034)
Table 16: Infrastructure and Urban Planning Market Value (US$ Mn), by Road Type and Conditions Mapping
Table 17: Infrastructure and Urban Planning Market Value (US$ Mn), by Building Management
Table 18: Infrastructure and Urban Planning Market Value (US$ Mn), by Transportation Management
Table 19: Infrastructure and Urban Planning Market Value (US$ Mn), by Urban tree monitoring
Table 20: Infrastructure and Urban Planning Market Value (US$ Mn), by Other Use Cases
Table 21: Global Market Value (US$ Mn), by Oil & Gas (2018 to 2034)
Table 22: Oil & Gas Market Value (US$ Mn), by Oil and gas resource mapping
Table 23: Oil & Gas Market Value (US$ Mn), by Pipeline mapping
Table 24: Oil & Gas Market Value (US$ Mn), by Well site planning
Table 25: Oil & Gas Market Value (US$ Mn), by barren and productive basin areas Identification
Table 26: Oil & Gas Market Value (US$ Mn), by Seismic lines and well locations detection
Table 27: Oil & Gas Market Value (US$ Mn), by Other Use Cases
Table 28: Global Market Value (US$ Mn), by Utility and Energy(2018 to 2034)
Table 29: Global Market Value (US$ Mn), by Aerospace & Defence (2018 to 2034)
Table 30: Aerospace & Defence Market Value (US$ Mn), by Mission Planning
Table 31: Aerospace & Defence Market Value (US$ Mn), by Air-defense Planning
Table 32: Aerospace & Defence Market Value (US$ Mn), by Mission Simulation
Table 33: Aerospace & Defence Market Value (US$ Mn), by Logistics Management
Table 34: Global Market Value (US$ Mn), by Environment Monitoring and Control(2018 to 2034)
Table 35: Environment Monitoring and Control Market Value (US$ Mn), by Lithological mapping
Table 36: Environment Monitoring and Control Market Value (US$ Mn), by Structural mapping
Table 37: Environment Monitoring and Control Market Value (US$ Mn), by Event mapping and monitoring
Table 38: Environment Monitoring and Control Market Value (US$ Mn), by Environmental geology
Table 39: Environment Monitoring and Control Market Value (US$ Mn), by Other Use Cases
Table 40: Global Market Value (US$ Mn), by Other Industries (2018 to 2034)
Table 41: Global Market Value (US$ Mn), by Region (2018 to 2034)
Table 42: North America Market Value (US$ Mn), by Country (2018 to 2034)
Table 43: North America Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 44: Europe Market Value (US$ Mn), by Country (2018 to 2034)
Table 45: Europe Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 46: US Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 47: Canada Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 48: Brazil Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 49: Mexico Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 50: Thailand Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 51: Indonesia Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 52: MalaysiaHyperspectral Imaging Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 53: China Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 54: India Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 55: Japan Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 56: South Korea Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 57: Singapore Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 58: Australia Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 59: Germany Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 60: Italy Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 61: France Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 62: UK Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 63: Spain Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 64: BENELUX Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 65: Russia Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 66: NORDICS Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 67: Turkey Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 68: Egypt Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 69: South Africa Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 70: Saudi Arabia Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 71: UAE Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
Table 72: Israel Market Value (US$ Mn), by End-Use Industry (2018 to 2034)
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List Of Figures
Figure 01: Global Market Value (US$ Mn), Forecast and Analysis, 2018 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share Analysis by Industry Vertical 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Industry Vertical, 2024 to 2034
Figure 08: Global Market Value (US$ Mn) Analysis and Forecast for Mining & Mineral, 2018 to 2023
Figure 09: Global Market Incremental $ Opportunity for Mining & Mineral, 2024 to 2034
Figure 10: Global Mining & Mineral Market Split by Use Cases, 2024
Figure 11: Global Mining & Mineral Market Split by Use Cases, 2034
Figure 12: Global Market Value (US$ Mn) Analysis and Forecast for Forestry and Agriculture, 2018 to 2023
Figure 13: Global Market Incremental $ Opportunity for Forestry and Agriculture, 2024 to 2034
Figure 14: Global Forestry and Agriculture Market Split by Use Cases, 2024
Figure 15: Global Forestry and Agriculture Market Split by Use Cases, 2034
Figure 16: Global Market Value (US$ Mn) Analysis and Forecast for Infrastructure and Urban Planning, 2018 to 2023
Figure 17: Global Market Incremental $ Opportunity for Infrastructure and Urban Planning, 2024 to 2034
Figure 18: Global Infrastructure and Urban Planning Market Split by Use Cases, 2024
Figure 19: Global Infrastructure and Urban Planning Market Split by Use Cases, 2034
Figure 20: Global Market Value (US$ Mn) Analysis and Forecast for Oil & Gas, 2018 to 2023
Figure 21: Global Market Incremental $ Opportunity for Oil & Gas, 2024 to 2034
Figure 22: Global Oil & Gas Market Split by Use Cases, 2024
Figure 23: Global Oil & Gas Market Split by Use Cases, 2034
Figure 24: Global Market Value (US$ Mn) Analysis and Forecast for Utility and Energy, 2018 to 2023
Figure 25: Global Market Incremental $ Opportunity for Utility and Energy, 2024 to 2034
Figure 26: Global Market Value (US$ Mn) Analysis and Forecast for Aerospace & Defence, 2018 to 2023
Figure 27: Global Market Incremental $ Opportunity for Aerospace & Defence, 2024 to 2034
Figure 28: Global Aerospace & Defence Market Split by Use Cases, 2024
Figure 29: Global Aerospace & Defence Market Split by Use Cases, 2034
Figure 30: Global Market Value (US$ Mn) Analysis and Forecast for Environment Monitoring and Control, 2018 to 2023
Figure 31: Global Market Incremental $ Opportunity for Environment Monitoring and Control, 2024 to 2034
Figure 32: Global Environment Monitoring and Control Market Split by Use Cases, 2024
Figure 33: Global Environment Monitoring and Control Market Split by Use Cases, 2034
Figure 34: Global Market Value (US$ Mn) Analysis and Forecast for Other Verticals, 2018 to 2023
Figure 35: Global Market Incremental $ Opportunity for Other Verticals, 2024 to 2034
Figure 36: Global Other Verticals Market Split by Use Cases, 2024
Figure 37: Global Other Verticals Market Split by Use Cases, 2034
Figure 38: Global Market Share Analysis by Region, 2024 & 2034
Figure 39: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 40: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 41: North America Market Value (US$ Mn), Forecast and Analysis, 2018 to 2023
Figure 42: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 43: North America Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 44: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 45: North America Market Share Analysis by Country, 2024 & 2034
Figure 46: North America Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 47: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 48: North America Market Share Analysis by Industry Vertical, 2024 & 2034
Figure 49: North America Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034
Figure 50: North America Market Attractiveness Analysis by Industry Vertical, 2024 to 2034
Figure 51: Latin America Market Value (US$ Mn), Forecast and Analysis, 2018 to 2023
Figure 52: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 53: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 54: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 55: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 56: Latin America Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 57: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 58: Latin America Market Share Analysis by Industry Vertical, 2024 & 2034
Figure 59: Latin America Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034
Figure 60: Latin America Market Attractiveness Analysis by Industry Vertical, 2024 to 2034
Figure 61: Europe Market Value (US$ Mn), Forecast and Analysis, 2018 to 2023
Figure 62: Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 63: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 64: Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 65: Europe Market Share Analysis by Country, 2024 & 2034
Figure 66: Europe Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 67: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 68: Europe Market Share Analysis by Industry Vertical, 2024 & 2034
Figure 69: Europe Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034
Figure 70: Europe Market Attractiveness Analysis by Industry Vertical, 2024 to 2034
Figure 71: Asia Pacific Market Value (US$ Mn), Forecast and Analysis, 2018 to 2023
Figure 72: Asia Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 73: Asia Pacific Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 74: Asia Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 75: Asia Pacific Market Share Analysis by Country, 2024 & 2034
Figure 76: Asia Pacific Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 77: Asia Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 78: Asia Pacific Market Share Analysis by Industry Vertical, 2024 & 2034
Figure 79: Asia Pacific Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034
Figure 80: Asia Pacific Market Attractiveness Analysis by Industry Vertical, 2024 to 2034
Figure 81: Middle East & Africa Market Value (US$ Mn), Forecast and Analysis, 2018 to 2023
Figure 82: Middle East & Africa Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 83: Middle East & Africa Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 84: Middle East & Africa Market Incremental $ Opportunity, 2024 to 2034
Figure 85: Middle East & Africa Market Share Analysis by Country, 2024 & 2034
Figure 86: Middle East & Africa Market Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 87: Middle East & Africa Market Attractiveness Analysis by Country, 2024 to 2034
Figure 88: Middle East & Africa Market Share Analysis by Industry Vertical, 2024 & 2034
Figure 89: Middle East & Africa Market Y-o-Y Growth Projections by Industry Vertical, 2024 to 2034
Figure 90: Middle East & Africa Market Attractiveness Analysis by Industry Vertical, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the hyperspectral imaging market in 2024?
The global hyperspectral imaging market is calculated for US$ 856.3 million for 2024.
How much is the anticipated market value of hyperspectral imaging for 2034?
The market for hyperspectral imaging is forecasted to reach US$ 2.34 billion by 2034.
What is the future of hyperspectral imaging systems?
Demand for hyperspectral imaging technologies is foreseen to rise at a CAGR of 10.6% through 2034.
What is the valuation of South Korea market in 2024?
The South Korea market is approximated at US$ 42.6 million in 2024.
Who are the key end users of hyperspectral imaging systems?
Demand for hyperspectral imaging in environment monitoring & control is forecasted to increase at a CAGR of 13.8% from 2024 to 2034.
Who are the leading producers of hyperspectral imaging technologies?
Some of the key market players are Airbus Defence and Space, Antrix Corporation, and Cyient.
Hyperspectral Imaging Market