The global hyperspectral imaging systems market is expected to be valued at USD 847 million in 2024 and is projected to reach USD 1,535 million by 2029 and grow at a CAGR of 12.6% from 2024 to 2029. Market participants have diversified their offerings, extending their global reach through strategic growth approaches like introducing new products and collaborations, establishing alliances, forging partnerships, and expanding their operations.
Key players operating in the hyperspectral imaging systems market are Corning Incorporated (US), SPECIM, SPECTRAL IMAGING LTD. (Finland), Malvern Panalytical Ltd (UK), HORIBA (Japan), Resonon Inc. (US), Norsk Elektro Optikk (Norway), Telops Inc. (Norway), Headwall Photonics (US), Bayspec, INC. (US), Cubert GmbH (Germany), among others.
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SPECIM SPECTRAL IMAGING LTD., based in Finland, is a prominent player in the hyperspectral imaging systems market. They specialize in designing and distributing cutting-edge hyperspectral cameras and systems tailored for various industries. With a diverse product portfolio, including solutions for agriculture, food processing, environmental monitoring, and research, Specim is renowned for its advanced technology and innovation in spectral imaging.
Corning Incorporated provides hyperspectral imaging systems, offering solutions for various applications. With a diverse portfolio, Corning specializes in advanced optical technologies tailored to healthcare, agriculture, and environmental monitoring industries. The company's collaborations with other players in the market have strengthened its position, making Corning highly preferred for high-performance hyperspectral imaging systems.
HORIBA is a Japanese company that specializes in providing advanced hyperspectral imaging systems. HORIBA is one of the world's top analytical and life sciences instrumentation companies. Horiba's solutions cater to diverse applications, including environmental monitoring, agricultural analysis, and medical diagnostics. With a rich portfolio from extensive research and development, Horiba is at the forefront of delivering cutting-edge technology in the hyperspectral imaging market.
Related Reports:
Hyperspectral Imaging Systems Market by Offering (Cameras, System Integrator, Service Provider), Technology (Pushbroom, Snapshot, Tunable Filter, Imaging FTIR, Whiskbroom), Wavelength and Region - Global Forecast to 2029
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