Europe hyperspectral imaging market is valued at US$ 2939 in 2020 and it is expected to reach at US$ 5810.6 Mn by 2027, growing at CAGR of 10.4 % during 2021-2027. Factors such as the growing industrial applications of hyperspectral imaging and increasing funding and investments are driving the growth of the Europe hyperspectral imaging systems market.
Hyperspectral imaging (HSI) is a combination of activities through which images are captured, and spectral radiance values are assigned to each pixel via various wavelengths of the electromagnetic spectrum under visible and infrared regions. Sensors offer information on hundreds of narrow wavelength bands of the composite. The pixels are sorted & characterized using statistical analysis with the help of a software classifying among the groups of pixels.
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The Europe Hyperspectral Imaging Market report has explored some key dynamics which have a solid influence during this forecast period. This report studied the market trends, value trends, volume trends, and the pricing history of the market. Also, report covers different market driving factors, restraining factors, and opportunities to gain an insightful understanding of the market.
The hyperspectral imaging systems market is categorized into three technology segments, namely, push broom (line scanning), snapshot (single shot), and other technologies [whiskbroom (point scanning), tunable filters (wavelength scanning), and imaging FTIR (time scanning)]. The push broom technology segment is anticipated to command the largest share of the global hyperspectral imaging systems market in 2020. This growth is due to benefits associated with this technology such as high spectral resolution, simplified illumination requirements, minimized illumination exposure and heat load, and the shorter capturing time as compared to other technology.
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Market key Players
Various key players are listed in this report such as Cubert-GmbH, Surface Optics Corp, EVK DI Kerschhaggl GmbH, IMEC, Inno-spec GmbH, Norsk Elektro Optikk A/S, LemnaTec GmbH, SPECIM Spectral Imaging Ltd, Headwall Photonics Inc., and Telops Inc.
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