Global Hyperspectral Imaging Market to 2019 by Applications - Analysis of the $83 Million Industry

Jul 22, 2015, 10:44 ET from Research and Markets

DUBLIN, July 22, 2015 /PRNewswire/ -- Research and Markets ( has announced the addition of the "Hyperspectral Imaging Market by Application - Global Forecast to 2019" report to their offering.

The global HSI market has been estimated at $47.2 Million in 2014, and is expected to reach $83.2 Million by 2019, at a CAGR of 12.0% from 2014 to 2019.

This report covers the definition, description, and forecast of the global hyperspectral imaging market. The market has been further segmented on the basis of geography, which includes regions, such as North America, Europe, Asia, and RoW. Wide applications of the HSI market include food & agriculture, military surveillance, environment monitoring, life sciences & medical diagnostics, colorimetry, meteorology, mining and mineralogy, machine vision, and process control. The report also provides a strategic analysis of key players in the HSI market.

The military surveillance (defence) segment contributed the maximum share with 18.6% in 2015 to the overall market, followed by the environment testing and mining & mineralogy segments. The military surveillance (defence) market is expected to reach $14.0 Million by 2019, at a CAGR of 9.7%. However, the fastest-growing application segment is life science and diagnostics, which is expected to grow at a CAGR of 13.7 % from 2014 to 2019.

North America had a maximum share of about 50.8% in 2014 of the global market. The total North American market is estimated to be $24.0 Million in 2014, which is expected to reach a value of $42.9 Million by 2019, growing at a CAGR of 12.3% from 2014 to 2019. The Asian hyperspectral imaging market is expected to witness maximum growth from 2014 to 2019 as it is an open market that with a high growth potential.

Key players in the hyperspectral imaging market are SPECIM Spectral Imaging Ltd. (U.S.), Headwall Photonics Inc. (U.S.), IMEC (Belgium), Norsk Elektro Optikk A/S (Norway), Surface Optics Corp. (U.S.), and Telops (Canada).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview

5 Hyperspectral Imaging Market, By Application

6 Hyperspectral Imaging Market, By Geography

7 Competitive Landscape

8 Company Profiles

- Applied Spectral Imaging Ltd.

- Brandywine Photonics LLC

- ChemImage Corp.

- Cubert-GmbH

- CytoViva, Inc.

- VK DI Kerschhaggl GmbH

- FluxData,Inc.

- GeoMetWatch Corp.

- Galileo Group, Inc.

- Gilden Photonics Ltd.

- Gooch & Housego

- Headwall Photonics Inc.

- HyVista Corporation Pty Ltd


- Innospec


- LemnaTec GmbH

- Merrick & Company

- Middleton Research

- MicaSense, Inc.

- Norsk Elektro Optikk A/S

- Resonon, Inc.

- Raytheon ELCAN optical technologies

- Scientific Aerial Imaging, Inc.


- SpecTIR

- Surface Optics Corp.

- Teledyne DALSA Inc.

- Telops

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