Global Hyperspectral Remote Sensing Market - Forecasts from 2018 to 2023
Global Hyperspectral Remote Sensing market is projected to witness a CAGR of XX.XX% during the forecast period to reach a total market size of US$XX.XX billion by 2023, increasing from US$XX.XX billion in 2017. Hyperspectral remote sensing, also known as imaging spectroscopy, is a significant breakthrough in remote sensing. The technology is used in combination with spectroscopy in a system and is used by scientists and researchers to detect and identify minerals, man-made materials, their composition and terrestrial vegetation. This process has many applications and can be used to study atmosphere such as cloud or water vapour properties; data on mineral and various types of soils can also be gathered through this process; it can also be used for observing sub pixel temperatures, smoke, grain size, snow cover fraction, chlorophyll, phytoplankton, and it is also used for agriculture and forest production.
Increasing investments in R&D and rising adoption of hyperspectral imaging in environmental monitoring is positively influencing the growth of hyperspectral remote sensing market. Geographically, the hyperspectral remote sensing market will witness a high growth across the North American region on account of increasing aerial remote sensing applications and high investments in the aerospace and defense sector.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global hyperspectral remote sensing value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.Major industry players profiled as part of the report are Corning Incorporated, Norsk Elektro Optikk AS, and Surface Optics Corporation among others.
- By Range
- SWIR (Short Wave Infrared)
- VNIR (Visible and Near-Infrared)
- Thermal LWIR (Long Wavelength Infrared)
- UV-VIS (Ultraviolet and Visible)
- VNIR (Extended Visible and Near-Infrared)
- By Application
- Ecological and Geological Studies
- By Geography
- North America
- South America
- Middle East and Africa
- Saudi Arabia
- Asia- Pacific
- South Korea
- Service Providers
- Government Agencies
- Research Organizations
Key insights offered
- What will be the global hyperspectral remote sensing market size from 2017 to 2023?
- How are the major drivers and restraints affecting the global hyperspectral remote sensing market growth and the opportunities which exist for key vendors?
- Which segment and region will drive or lead the market growth and why?
- A comprehensive analysis of competitive landscape and key market participants’ behaviour
- Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.
2. Research Methodology
2.1. Research Process And Design
2.2. Research Assumptions
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis- Regional Snapshot
4.7. Market Attractiveness
5. Global Hyperspectral Remote Sensing Market By Range
5.1. SWIR (Short Wave Infrared)
5.2. VNIR (Visible and Near-Infrared)
5.3. Thermal LWIR (Long Wavelength Infrared)
5.4. UV-VIS (Ultraviolet and Visible)
5.5. Ext. VNIR (Extended Visible and Near-Infrared)
6. Global Hyperspectral Remote Sensing Market By Application
6.4. Ecological and Geological Studies
7. Global Hyperspectral Remote Sensing Market By Geography
7.1. North America
7.2. South America
7.4. Middle East And Africa
7.4.1. Saudi Arabia
7.5. Asia Pacific
7.5.5. South Korea
8. Competitive Intelligence
8.1. Market Share of Key Players
8.2. Investment Analysis
8.3. Recent Deals
8.4. Strategies of Key Players
9. Company Profiles
9.1. Headwall Photonics Inc
9.2. Mensuro Ltd.
9.3. CI Systems.
9.6. Corning Incorporated
9.7. Norsk Elektro Optikk AS
9.8. Surface Optics Corporation
9.9. BaySpec, Inc
9.10. Specim Spectral Imaging Ltd.
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