Product Code: IRTNTR44114
The hyperspectral remote sensing market is forecasted to grow by USD 81 mn during 2023-2028, accelerating at a CAGR of 9.58% during the forecast period. The report on the hyperspectral remote sensing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of UAVs, increasing use of night surveillance applications, and miniaturization of hyperspectral imaging sensors (HIS) for remote sensing.
Technavio's hyperspectral remote sensing market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 8.52% |
CAGR | 9.58% |
Incremental Value | $81mn |
By Type
By Application
- Agriculture and forestry
- Geology and mineral exploration
- Ecology
- Disaster management
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the availability of narrower bandwidths as one of the prime reasons driving the hyperspectral remote sensing market growth during the next few years. Also, increasing adoption of hyperspectral imaging in environmental monitoring and growing research project using hyperspectral remote sensing technologies will lead to sizable demand in the market.
The report on the hyperspectral remote sensing market covers the following areas:
- Hyperspectral remote sensing market sizing
- Hyperspectral remote sensing market forecast
- Hyperspectral remote sensing market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hyperspectral remote sensing market vendors that include BaySpec Inc., Brimrose Corp. of America, CI Systems, Corning Inc., Cubert GmbH, Exosens, Galileo Group Inc., Headwall Photonics Inc., IMEC Inc., Konica Minolta Inc., L3Harris Technologies Inc., Norsk Elektro Optikk AS, Northrop Grumman Corp., Quantum Design Inc., Resonon Inc., SpecTIR LLC, Surface Optics Corp., Teledyne Technologies Inc., TruTag Technologies Inc., and XIMEA GmbH. Also, the hyperspectral remote sensing market market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Hyperspectral Remote Sensing Market 2018 - 2022
- Historic Market Size - Data Table on Global Hyperspectral Remote Sensing Market 2018 - 2022 ($ million)
- 4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
- 6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 6.3 VNIR - Market size and forecast 2023-2028
- Chart on VNIR - Market size and forecast 2023-2028 ($ million)
- Data Table on VNIR - Market size and forecast 2023-2028 ($ million)
- Chart on VNIR - Year-over-year growth 2023-2028 (%)
- Data Table on VNIR - Year-over-year growth 2023-2028 (%)
- 6.4 SWIR - Market size and forecast 2023-2028
- Chart on SWIR - Market size and forecast 2023-2028 ($ million)
- Data Table on SWIR - Market size and forecast 2023-2028 ($ million)
- Chart on SWIR - Year-over-year growth 2023-2028 (%)
- Data Table on SWIR - Year-over-year growth 2023-2028 (%)
- 6.5 Thermal LWIR - Market size and forecast 2023-2028
- Chart on Thermal LWIR - Market size and forecast 2023-2028 ($ million)
- Data Table on Thermal LWIR - Market size and forecast 2023-2028 ($ million)
- Chart on Thermal LWIR - Year-over-year growth 2023-2028 (%)
- Data Table on Thermal LWIR - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Application
- 7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
- 7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 7.3 Agriculture and forestry - Market size and forecast 2023-2028
- Chart on Agriculture and forestry - Market size and forecast 2023-2028 ($ million)
- Data Table on Agriculture and forestry - Market size and forecast 2023-2028 ($ million)
- Chart on Agriculture and forestry - Year-over-year growth 2023-2028 (%)
- Data Table on Agriculture and forestry - Year-over-year growth 2023-2028 (%)
- 7.4 Geology and mineral exploration - Market size and forecast 2023-2028
- Chart on Geology and mineral exploration - Market size and forecast 2023-2028 ($ million)
- Data Table on Geology and mineral exploration - Market size and forecast 2023-2028 ($ million)
- Chart on Geology and mineral exploration - Year-over-year growth 2023-2028 (%)
- Data Table on Geology and mineral exploration - Year-over-year growth 2023-2028 (%)
- 7.5 Ecology - Market size and forecast 2023-2028
- Chart on Ecology - Market size and forecast 2023-2028 ($ million)
- Data Table on Ecology - Market size and forecast 2023-2028 ($ million)
- Chart on Ecology - Year-over-year growth 2023-2028 (%)
- Data Table on Ecology - Year-over-year growth 2023-2028 (%)
- 7.6 Disaster management - Market size and forecast 2023-2028
- Chart on Disaster management - Market size and forecast 2023-2028 ($ million)
- Data Table on Disaster management - Market size and forecast 2023-2028 ($ million)
- Chart on Disaster management - Year-over-year growth 2023-2028 (%)
- Data Table on Disaster management - Year-over-year growth 2023-2028 (%)
- 7.7 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape2023-2028 (%)
- Data Table on Market share By Geographical Landscape2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.11 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.12 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Market opportunity By Geographical Landscape($ million)
- Data Tables on Market opportunity By Geographical Landscape($ million)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 BaySpec Inc.
- BaySpec Inc. - Overview
- BaySpec Inc. - Product / Service
- BaySpec Inc. - Key offerings
- 12.4 Brimrose Corp. of America
- Brimrose Corp. of America - Overview
- Brimrose Corp. of America - Product / Service
- Brimrose Corp. of America - Key offerings
- 12.5 CI Systems
- CI Systems - Overview
- CI Systems - Product / Service
- CI Systems - Key offerings
- 12.6 Corning Inc.
- Corning Inc. - Overview
- Corning Inc. - Business segments
- Corning Inc. - Key news
- Corning Inc. - Key offerings
- Corning Inc. - Segment focus
- 12.7 Cubert GmbH
- Cubert GmbH - Overview
- Cubert GmbH - Product / Service
- Cubert GmbH - Key offerings
- 12.8 Exosens
- Exosens - Overview
- Exosens - Product / Service
- Exosens - Key offerings
- 12.9 Galileo Group Inc.
- Galileo Group Inc. - Overview
- Galileo Group Inc. - Product / Service
- Galileo Group Inc. - Key offerings
- 12.10 Headwall Photonics Inc.
- Headwall Photonics Inc. - Overview
- Headwall Photonics Inc. - Product / Service
- Headwall Photonics Inc. - Key news
- Headwall Photonics Inc. - Key offerings
- 12.11 IMEC Inc.
- IMEC Inc. - Overview
- IMEC Inc. - Product / Service
- IMEC Inc. - Key offerings
- 12.12 Konica Minolta Inc.
- Konica Minolta Inc. - Overview
- Konica Minolta Inc. - Business segments
- Konica Minolta Inc. - Key news
- Konica Minolta Inc. - Key offerings
- Konica Minolta Inc. - Segment focus
- 12.13 L3Harris Technologies Inc.
- L3Harris Technologies Inc. - Overview
- L3Harris Technologies Inc. - Business segments
- L3Harris Technologies Inc. - Key news
- L3Harris Technologies Inc. - Key offerings
- L3Harris Technologies Inc. - Segment focus
- 12.14 Norsk Elektro Optikk AS
- Norsk Elektro Optikk AS - Overview
- Norsk Elektro Optikk AS - Product / Service
- Norsk Elektro Optikk AS - Key offerings
- 12.15 Resonon Inc.
- Resonon Inc. - Overview
- Resonon Inc. - Product / Service
- Resonon Inc. - Key offerings
- 12.16 Teledyne Technologies Inc.
- Teledyne Technologies Inc. - Overview
- Teledyne Technologies Inc. - Business segments
- Teledyne Technologies Inc. - Key news
- Teledyne Technologies Inc. - Key offerings
- Teledyne Technologies Inc. - Segment focus
- 12.17 TruTag Technologies Inc.
- TruTag Technologies Inc. - Overview
- TruTag Technologies Inc. - Product / Service
- TruTag Technologies Inc. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations