Insights on the Hyperspectral Imaging Systems Global Market to 2027 - Featuring Bayspec, ChemImage & Corning Among Others - ResearchAndMarkets.com

The "Hyperspectral Imaging Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 6th edition of this report. The 148-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Hyperspectral Imaging Systems Market to Reach $33.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Hyperspectral Imaging Systems estimated at US$10.9 Billion in the year 2020, is projected to reach a revised size of US$33.1 Billion by 2027, growing at a CAGR of 17.1% over the period 2020-2027.

Camera, one of the segments analyzed in the report, is projected to record 17.5% CAGR and reach US$28 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Accessories segment is readjusted to a revised 15.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 16.5% CAGR

The Hyperspectral Imaging Systems market in the U.S. is estimated at US$3.2 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$5.7 Billion by the year 2027 trailing a CAGR of 16.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.2% and 14.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.6% CAGR.

Competitors identified in this market include, among others:

• Applied Spectral Imaging, Inc.
• Bayspec, Inc.
• ChemImage Corporation
• Corning, Inc.
• Cubert GmbH
• Headwall Photonics, Inc.
• Norsk Elektro Optikk As (Neo)
• Resonon
• Specim, Spectral Imaging Ltd.
• Spectral Imaging Ltd.
• Surface Optics Corporation
• Telops Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Hyperspectral Imaging System Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 46

For more information about this report visit https://www.researchandmarkets.com/r/ni166p

View source version on businesswire.com: https://www.businesswire.com/news/home/20200805005456/en/