Hyperspectral Imaging Market to Witness Stunning Growth
According to HTF Market Intelligence, the Global Hyperspectral Imaging market to witness a CAGR of 6.3% during forecast period of 2023-2028. The market is segmented by Global Hyperspectral Imaging Market Breakdown by Application (Military Surveillance, Remote Sensing (Agriculture, Mining/Mineral Mapping, Environmental Monitoring), Life Sciences & Medical Diagnostics, Machine Vision & Optical Sorting, Other Applications) by Type (Visible/Near-Infrared (VNIR), Short-Wave Infrared (SWIR), Mid-Wave Infrared (MWIR), Long-Wave Infrared (LWIR)) by Component (Hyperspectral Cameras, Hyperspectral Sensors, Accessories) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Hyperspectral Imaging market size is estimated to increase by USD 719 Million at a CAGR of 6.3% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 1637 Million.
Hyperspectral imaging is a technology used to collect and process information from across the electromagnetic spectrum. It involves capturing and analyzing data in numerous narrow, contiguous spectral bands, providing a much more detailed view of a scene or object than traditional imaging methods.
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