Hyperspectral Imaging Applications for Military Surveillance, Environmental, Mining and Life Sciences & Diagnostics

Growth of hyperspectral imaging technologies market is also driven by factors, such as an increasing adoption of HSI technologies in defense, life science & diagnostics, and agricultural industries. Over last few years, Global Hyperspectral Imaging Market has witnessed an increasing adoption of HSI technologies in ophthalmology, surface tissue and mucosal membrane analysis, gastrointestinal tract, and vascular system are driving growth of this market.

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Based on geography, hyperspectral imaging market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). Out of which, North America is estimated to be largest market for global hyperspectral imaging technologies, followed by Europe, Asia Pacific and Rest of the World.

Increasing use of HSI technologies in research work. Growing adoption of hyperspectral imaging in military surveillance, environmental, mining, machine vision, and life sciences & diagnostics. In coming years, hyperspectral imaging market is expected to witness highest growth rate in Asia-Pacific region.

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However, factors such as high investment, installation cost, and reimbursement issues are hindering growth of this market. In 2014, military surveillance application occupied largest share of 18.4% of global hyperspectral imaging market in terms of value, followed by environmental testing application segment which occupied of 17.8% of the total market share.

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