Industry Analysis

CRI Report: hyperspectral imaging market to reach $1,640.3 MLN by 2027

The global hyperspectral imaging market is projected to reach $1,640.3 million by 2027, reveals the premium market intelligence study by Our Research Team. The study also highlights that the market is set to witness a CAGR of 13.17% during the period 2022-2027.

The comprehensive study of the global hyperspectral imaging market by Our Research Team extensively covers the following:

• 14 established companies and six start-ups offering hyperspectral imaging devices
• Detailed global and regional market analysis, including the scrutiny of 16 key countries
• Impact on the adoption of hyperspectral imaging devices due to the COVID-19 pandemic

Analyst’s Take on the Market

To emphasize the potential of hyperspectral imaging, Satyendr Singh Rajput, Lead Analyst – Our Research Team, states, “The hyperspectral imaging market is expected to grow considerably, since it has great potential and can be used for several applications various fields.”

Key Companies Operating in the Market

Some of the key players operating in the market include CytoViva, Inc., Headwall Photonics, Inc., HORIBA Ltd., HyperMed Imaging, Inc., Konica Minolta (Specim Spectral Imaging Ltd.), Norsk Elecktro Optikk A/S, Photon Etc., Resonon, Inc., Swift Medical, Inc., IMEC International, BaySpec, Inc., and Teledyne FLIR LLC, among others.
Several companies such as Corning Incorporated, Clyde Hyperspectral Imaging and Technology Ltd, Cubert GmbH, Diaspective Vision GmbH, Emberion are also emerging in the medical hyperspectral imaging market.

Assuming that the reader is a developer or manufacturer of hyperspectral imaging cameras and accessories, they will be able to do the following:

• Understand their position as compared to some of the key players in the market
• Stay updated with novel technology integration, features, and the latest developments in the market
• Understand the impact of COVID-19 on the adoption of hyperspectral imaging devices and the entry barriers as a result of it
• Gain insights into which regions to target globally
• Identify some of the key players in the market and understand their valuable contribution

Key Questions Answered

• What are the major market drivers, challenges, and opportunities in the global hyperspectral imaging market?
• What are the underlying structures resulting in the emerging trends within the global hyperspectral imaging market?
• How is each segment of the global hyperspectral imaging market expected to grow during the forecast period and what is the anticipated revenue generated by each of the segments by the end of 2027?
• What are the significant developmental strategies implemented by the major players in order to sustain in the competitive market? What are the key regulatory bodies controlling the entry of hyperspectral imaging products into the market?
• Who are the leading players with significant offerings to the global hyperspectral imaging market? What is the current market dominance for each of these leading players?
• What is the expected compound annual growth rate (CAGR) expected to be witnessed by the leading players in the market during the forecast period 2022-2027?
• What are the major technological as well as regional adoption trends pertaining to the global hyperspectral imaging market?
• What are the major technologies employed in the global hyperspectral imaging market? Which is the most dominating technology?
• Who are the key manufacturers in the global hyperspectral imaging market and what are their contributions?
• What is the growth potential of the different applications for hyperspectral imaging in the market?
Buy the report: Hyperspectral Imaging Market – A Global and Regional Analysis: Analysis and Forecast, 2022-2027

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