Hyperspectral Imaging Systems Market: Opportunities and Challenges

Veterinary Equipment Market Veterinary Equipment Market

CITY, Country, 2019-Nov-15 — /EPR Network/ —  The Global Hyperspectral Imaging Systems Market is projected to reach USD 21.33 billion by 2023 from USD 9.51 billion in 2018, at a CAGR of 17.5% during the forecast period.

What are the untapped market opportunities in emerging countries for players in the hyperspectral imaging system market?

The emerging economies in Asia and Latin America are expected to offer significant growth opportunities for players in the hyperspectral imaging system market. In China, for instance, a number of hyperspectral sensors were designed and launched to meet the rising demand for precise and fast mapping of natural resources using remote sensing applications. India has also opened up opportunities for collaborations with other countries.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=246979343

With increasing awareness among researchers about the latest technological innovations, the demand for hyperspectral imaging for academic-level research is increasing in the emerging markets. Adulteration of food is a growing concern in the food industry, especially in developing countries. Meeting the growing demand for low-cost production, without compromising on the quality of products, is among the topmost priorities for the food industry. These concerns are expected to drive the adoption of non-destructive hyperspectral technologies for food inspection in the future.

Why is it challenging to attain super-resolution in hyperspectral imaging in a cost-effective manner?

Hyperspectral imaging is an emerging technique used by researchers for broad application areas, such as aerial and space imagery, agriculture, ecology, geology, medicine, and industrial inspection. Although the resolution of a hyperspectral image is high in the spectral domain, it has a limited resolution in the spatial domain. Moreover, hyperspectral image quality is affected by various factors, such as atmospheric scattering, secondary illumination, and sensor noise. Therefore, it is essential to improve the spatial resolution for better utilization of this technique for various applications. Since changes in hardware (hyperspectral camera units) prove to be expensive, bringing in improvements in spatial resolution through software is a major challenge currently faced by players in the hyperspectral imaging system market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=246979343

Browse Related Reports:

Diagnostic Imaging Market by Product (MRI (Open, Closed), Ultrasound (2D, 3D/4D, Doppler), CT, X-Ray (Digital, Analog), SPECT, Hybrid PET, Mammography), Application (OB/Gyn, Cardiology, Oncology), End User (Hospitals, Imaging Centers) – Forecast to 2024

Magnetic Resonance Imaging Systems Market by Architecture (Open MRI Systems and Closed MRI Systems (Standard Bore and Wide Bore)), Field Strength (Low-to-mid Field, High-field (1.5T and 3T), and Very-high Field) – Global Forecast to 2023

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for a deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062}
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com

Matched content

Editor’s pick

Do NOT follow this link or you will be banned from the site!