The key players in the hyperspectral remote sensing market include BaySpec, Brimrose Corporation, CI Systems, Corning Incorporated, Cubert GmbH, Headwall, ITRES, Norsk Elektro Optikk, Resonon, RIKOLA, SPECIM, Surface Optics Corp, Telops, and XIMEA.
The hyperspectral imaging sensors are gaining traction in numerous commercial markets, owing to their excellent imaging performance they have a strong presence in defense applications where they are being used for detection of damages in equipment and inspection of defense operations. Also, a growing number of various terrorist attacks around the globe coupled with the rising need to protect the economies from various emerging threat is again fueling the product demand. Owing to the growing application across various end-user industry such as environmental testing, mining & mineralogy, agriculture, colorimetry, food industry, life science & medical diagnostics, military surveillance, meteorology and machine control & process vision. On the other hand, the high cost associated with the setup followed by a lack of awareness about the product among user is likely to limit the market growth.
The broad hyperspectral remote sensing market has been sub-grouped into type and application. focuses on current and forecast demand for hyperspectral remote sensing in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By Product
- VNIR
- SWIR
- Thermal LWIR
By Application
- Commercial Enterprises
- Defense Organization
- Research Institution
Source: https://www.valuemarketresearch.com/report/hyperspectral-remote-sensing-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.