London, UK (PRWEB) December 23, 2014
The world hyperspectral imaging technologies market is forecast to rise through 2019, showing a CAGR of 12%. The developed countries, among others the USA, the UK and Germany, dominate the total market for hyperspectral imaging technologies today.
Such aspects as the growing HIS technologies application in the life science & diagnostics, agricultural and defense segments are facilitating the growth of the world market for hyperspectral imaging technologies.
Meanwhile, the market in the APAC region is predicted to demonstrate the highest CAGR of 13% till 2019. The increasing pharmaceutical sector in India and China and the rising HIS technology adoption in environmental testing activities and mining explorations will propel the future market growth in the region.
The HIS technologies market presents high growth potential in emerging countries, including China and India. However, high installment expenditures and issues with expenses compensation will likely limit the market expansion in the years ahead.
The life science & medical diagnostics sector is forecast to be the major application sphere of HIS technologies in the next years, showing the highest CAGR through 2019. Besides, the sector will be fueled by the growing use of HSI technologies in ophthalmology, mucosal membrane and surface tissue analysis, vascular system and gastrointestinal tract.
The North American market for hyperspectral imaging technologies, particularly the US and Canada, is stimulated by the rising research activities with the application of HSI technologies, as well as their high adoption in mining, military surveillance, environmental, machine vision and life sciences & diagnostics.
In 2014, the world hyperspectral imaging technologies market was led by Applied Spectral Imaging Ltd., CytoViva, Inc., Brandywine Photonics LLC, ChemImage Corp., Cubert-GmbH, VK DI Kerschhaggl GmbH, FluxData,Inc. and GeoMetWatch Corp.
Topical research report “Global Hyperspectral Imaging Market” elaborated by MarketsandMarkets has been recently published at MarketPublishers.com.
Title: Global Hyperspectral Imaging Market
Published: January, 2015
Price: US$ 4,050.00
The topical report contains detailed analysis of the world hyperspectral imaging technologies market and provides the market segmentation on the basis of application and geography.
It reviews the latest product launches, overviews R&D activities and describes the upcoming technologies. In addition, the study thoroughly investigates the competitive environment, provides data on the major companies’ products, strategies, market share and production capabilities. The drivers, opportunities and challenges of the world hyperspectral imaging technologies are uncovered in the report too. Besides, it discusses the regions with high growth potential and reveals their regulatory policies and government initiatives.
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