Business

COVID-19 Impact on Global Hyperspectral Imaging (HSI), Market Insights and Forecast to 2026

Press Release

In this report, the COVID-19 Impact on Global Hyperspectral Imaging (HSI) market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. COVID-19 Impact on Global Hyperspectral Imaging (HSI) market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

Browse full research report at https://www.crystalmarketreport.com/covid-19-impact-on-global-hyperspectral-imaging-hsi-market-insights-and-forecast-to-2026

Crystal Market Reports

Hyperspectral imaging (HSI) is a combination of spectroscopy and imaging and is commonly referred to as imaging spectroscopy.Hyperspectral imaging is a technique that incorporates color 3d imaging, including a reflected image of the target spectrum data, which is processed to obtain each pixel in the electromagnetic spectrum image.Hyperspectral imaging systems generally include hyperspectral imagers, cameras, light sources, data software, and computers.

In this report, we focus on hyperspectral imaging equipment, such as hyperspectral imagers, hand-held hyperspectral imagers, visible/near infrared (VIS/NIR) hyperspectral staring imagers, short-wave infrared hyperspectral staring imagers, airborne/ground short-wave infrared, etc.

In 2019, the global production of hyperspectral imaging systems will reach 549 units, with sales of about $90.42 million.Globally, North America is the largest manufacturing region with major manufacturing companies concentrated in the region, such as Headwall Photonics, Resonon, Surface Optics, Corning , ITRES, Telops and Brimrose.North America produces 318 units in 2019, accounting for 58.01% of the global total, followed by Europe, where the main producers are Finland Specim, IMEC and Norsk Elektro Optikk AS.China’s hyperspectral imaging industry is still an untapped market.

Market Analysis and Insights: Global Hyperspectral Imaging (HSI) Market

Prior to COVID-19, the market for Hyperspectral Imaging (HSI) was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of XX% during 2021–2026, whereas post-COVID-19 scenario, the market for Hyperspectral Imaging (HSI) is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026. The solicitation of proposals by the governments and public–private companies across the world to mitigate the impact of the COVID-19 pandemic is the key factor propelling the growth of the Hyperspectral Imaging (HSI) market.

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 200 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Hyperspectral Imaging (HSI) market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

This report also analyzes the impact of Coronavirus COVID-19 on the Hyperspectral Imaging (HSI) industry.

Global Hyperspectral Imaging (HSI) Scope and Segment

Hyperspectral Imaging (HSI) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Hyperspectral Imaging (HSI) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.

The following manufacturers are covered in this report:

Headwall Photonics

Specim

Resonon

IMEC

Surface Optics

Norsk Elektro Optikk A/S

Corning(NovaSol)

ITRES

Telops

BaySpec

Brimrose

Zolix

Wayho Technology

Hyperspectral Imaging (HSI) Breakdown Data by Type

VNIR

SWIR

MWIR

LWIR

Others

By type,VNIR is the most commonly used type, with about 32.4% market share in 2019, followed by SWIR, which estimated to reach 36.45% market share in forecast period.

Hyperspectral Imaging (HSI) Breakdown Data by Application

National Defense Security

Environmental Monitoring and Mineralogy

Food and Agriculture

Life Sciences and Medical Diagnostics

Vegetation and Ecological Studies

Environmental Recycling

Other

The growth of the hyperspectral imaging system market is driven by the gradual shift of technology applications from military institutions to civilian enterprises, such as life science and diagnosis, geological survey, remote sensing of vegetation, agricultural monitoring, remote sensing of atmosphere, hydrology, remote sensing of disaster environment, and soil survey.However, problems such as high input and high installation costs are hindering the growth of the market.

Regional and Country-level Analysis

The Hyperspectral Imaging (HSI) market is analysed and market size information is provided by regions (countries).

The key regions covered in the Hyperspectral Imaging (HSI) market report are North America, Europe, China and Japan. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.

Browse full research report at https://www.crystalmarketreport.com/covid-19-impact-on-global-hyperspectral-imaging-hsi-market-insights-and-forecast-to-2026

Reasons to Buy This Research Report

About Crystal Market Reports

Crystal Market Reports is a distributor of market research spanning 160 industries. Our extensive database consists of over 400,000 quality publications sourced from 400 plus publishers, this puts our research specialists in the unique position of been able to offer truly unbiased advice on what research provides the most valuable insights.

Contact Info.:-

Address: 911 Central Avenue #268
Albany New York 12206
Email: [email protected]
Phone: 1-518-730-1569
Web: https://www.crystalmarketreport.com

Related Articles

Close