Research and Markets has announced the addition of the "Hyperspectral Imaging Systems Market - Global Forecast to 2021" report to their offering.

The global hyperspectral imaging systems market is projected to reach USD 12.71 Billion by 2021 from USD 7.41 Billion in 2016, growing at a CAGR of 11.4% from 2016 to 2021.

A number of factors, such as growing number of research projects using hyperspectral imaging techniques and widening industrial applications of HSI are driving the growth of this market. However, the high cost associated with the use of hyperspectral imaging technology is expected to restrain the growth of this market in the coming years.

The hyperspectral imaging systems market is segmented on the basis of component, application, and region. On the basis of component, the market is segmented into hyperspectral cameras and accessories. A hyperspectral camera consist of an HSI imaging sensor and imaging spectrograph. Advances in sensor development and computing power, along with the availability of low-cost cameras with widening industrial applications are boosting the growth of this market.

In 2016, North America is expected to account for the largest share of the global market. However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. The market for hyperspectral imaging systems is expected to grow in emerging economies in APAC as they have a growing number of manufacturing bases. These cameras are used for homeland surveillance, spaceborne applications, agriculture and mineral surveillance, and other research activities requiring constant spectral vigilance.

Companies Mentioned:

  • Applied Spectral Imaging
  • Bayspec Inc.
  • Chemimage Corporation
  • Corning Incorporated
  • Headwall Photonics, Inc.
  • Norsk Elektro Optikk As
  • Resonon
  • Specim, Spectral Imaging Ltd.
  • Surface Optics Corporation
  • Telops Inc.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Hyperspectral Imaging Systems Market, By Component

7 Hyperspectral Imaging Systems Market, By Application

8 Hyperspectral Imaging Systems Market, By Region

9 Competitive Landscape

10 Company Profiles

11 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/qpr4zv/hyperspectral