LAMEA Hyperspectral Imaging Systems Market By Application (Military Surveillance, Remote Sensing, Machine Vision Optical Sorting, Lifesciences and Medical Diagnostics), Component (Hyperspectral Cameras, Accessories) By Country, Industry Analysis and Forecast, 2016 - 2022

Report Id: KBV-2232 Publication Date: February-2017 Number of Pages: 53

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Analysis of Market Size & Trends

The LAMEA Hyperspectral Imaging Systems Market attained a market size of $468.2 million in 2015 and it is expected to reach $1,155.1 million by 2022, growing at a CAGR of 13.9% during 2016 -2022. The Military Surveillance market dominated the LAMEA Hyperspectral Imaging Systems Market in 2015, and would reach a market size of $335 million by 2022, growing at a CAGR of 12.1% during the forecast period.

The Remote Sensing market is expected attain a market size of $283 million by 2022. The Machine VisionOptical Sorting market is anticipated to reach a market size of $258.8 million by 2022 growing from a market size of $91.8 million in 2015. The Hyperspectral Cameras market dominated the LAMEA Hyperspectral Imaging Systems Market in 2015, and would reach a market size of $814.4 million by 2022, growing at a CAGR of 12.8% during the forecast period. The Accessories market is expected to attain a market size of $340.8 million by 2022. The Brazil market dominated the LAMEA Hyperspectral Imaging Systems Market in 2015, and would reach a market size of $228.7 million by 2022, growing at a CAGR of 13.4% during the forecast period. The UAE market is expected to attain a market size of $205.6 million by 2022. However, Argentina market is expected to grow at CAGR of 14.8% during 2016-2022.

The report highlights the adoption of Hyperspectral Imaging Systems in LAMEA. Based on Application, the market is segmented into Military Surveillance, Remote Sensing, Machine VisionOptical Sorting, Life Sciences and Medical Diagnostics, and Other Applications. Based on Component, the market is segmented into Hyperspectral Cameras and Accessories. The report also covers geographical segmentation of Hyperspectral Imaging Systems market. The countries included in the report are Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA.

The Key players operating in the hyperspectral imaging systems market are Corning Incorporated, Resonon, Corning Incorporated, Specim, Spectral Imaging Ltd., Telops Inc., Applied Spectral Imaging, Headwall Photonics, Inc, Bayspec Inc., Norsk Elektro Optikk As, Surface Optics Corporation, and Chemimage Corporation.