The Europe hyperspectral imaging market is anticipated to grow with a CAGR of 12.54%, over the forecast period of 2021 to 2028. The region’s key market growth enablers include, the vast usage across the healthcare and defense sectors, the surging demand for modern satellite connections (SATCOM), and the increased focus on enhancing product quality. The Europe hyperspectral imaging market growth is assessed based on the analysis of Poland, Belgium, Russia, the United Kingdom, Italy, Germany, France, and the rest of Europe.
EUROPE HYPERSPECTRAL IMAGING MARKET FORECAST 2021-2028
Europe Hyperspectral Imaging Market by Application (Military Surveillance, Healthcare, Mineralogy, Research, Food Processing, Agriculture, Other Applications) by Technology (Spectral Scanning, Spatial Scanning) by System (Airborne Cameras, Outdoor Cameras, Benchtop Cameras, Software) and by Geography.
The Europe hyperspectral imaging market is anticipated to grow with a CAGR of 12.54%, over the forecast period of 2021 to 2028. The region’s key market growth enablers include, the vast usage across the healthcare and defense sectors, the surging demand for modern satellite connections (SATCOM), and the increased focus on enhancing product quality.
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The Europe hyperspectral imaging market growth is assessed based on the analysis of Poland, Belgium, Russia, the United Kingdom, Italy, Germany, France, and the rest of Europe. The United Kingdom’s food and drink industry is the predominant component of the country’s manufacturing economy, representative of more than 15% of its overall manufacturing sector. Besides, the sector also records an annual turnover of EUR 72.8 billion, generating a gross value added of EUR 21.8 billion. The United Kingdom invests nearly EUR 350 million in research and development, therefore resulting in launching 1,500 new products, every quarter. Hence, the varied mix of products as well as process innovation is the sector’s core strength.
On the other hand, with the United Kingdom’s medicine exports rising, regulatory authorities like the Medicines and Healthcare Products Regulatory Agency (MHRA), and the Food and Drug Administration (FDA), have strengthened the need for pharmaceutical producers to ensure compliance with manufacturing and laboratory standards. As a result, these factors are expected to bolster the United Kingdom’s hyperspectral imaging market over the forecast period.
Norsk Elektro Optikk (NEO), is a privately owned research company, primarily engaged in the field of electro-optics. It essentially manufactures advanced electro-optical products. Moreover, the enterprise’s hyperspectral imaging research and development activities have been partially funded through its participation in numerous EU projects.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- KEY DRIVERS
- SURGING R&D IN VARIOUS SECTORS
- ADVANCEMENTS IN TECHNOLOGY
- INCREASING USAGE OF HYPERSPECTRAL IMAGING (HSI) IN VARIOUS APPLICATIONS
- GROWING DEMAND FOR DATA ACCURACY AND CONSISTENCY IN HSI APPLICATIONS
- KEY RESTRAINTS
- HIGH COST OF HYPERSPECTRAL IMAGING APPLICATIONS
- COMPLEXITY ISSUES LINKED TO THE HYPERSPECTRAL IMAGING SYSTEMS
- KEY DRIVERS
- KEY ANALYTICS
- PORTER’S FIVE FORCE ANALYSIS
- THREAT OF NEW ENTRY
- THREAT OF SUBSTITUTION
- BUYER’S POWER
- SUPPLIER’S POWER
- COMPETITIVE RIVALRY
- IMPACT OF COVID-19 ON HYPERSPECTRAL IMAGING MARKET
- VALUE CHAIN ANALYSIS
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- MARKET BY APPLICATION
- MILITARY SURVEILLANCE
- HEALTHCARE
- MINERALOGY
- RESEARCH
- FOOD PROCESSING
- AGRICULTURE
- OTHER APPLICATIONS
- MARKET BY TECHNOLOGY
- SPECTRAL SCANNING
- SPATIAL SCANNING
- MARKET BY SYSTEM
- AIRBORNE CAMERAS
- OUTDOOR CAMERAS
- BENCHTOP CAMERAS
- SOFTWARE
- GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- GERMANY
- UNITED KINGDOM
- FRANCE
- ITALY
- RUSSIA
- BELGIUM
- POLAND
- REST OF EUROPE
- EUROPE
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- PRODUCT LAUNCH & DEVELOPMENTS
- PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
- BUSINESS EXPANSION/ APPROVAL/ ANNOUNCEMENT
- COMPANY PROFILES
- APPLIED SPECTRAL IMAGING INC
- BAYSPEC INC
- CHEMIMAGE CORPORATION
- CORNING INC
- CUBERT GMBH
- HEADWALL PHOTONICS INC
- HINALEA IMAGING (TRUTAG TECHNOLOGIES)
- HYPERMED IMAGING INC
- NORSK ELEKTRO OPTIKK AS
- RAYTHEON COMPANY
- RESONON INC
- SPECIM SPECTRAL IMAGING LTD
- SURFACE OPTICS CORPORATION
- XIMEA
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – HYPERSPECTRAL IMAGING
TABLE 2: EUROPE HYPERSPECTRAL IMAGING MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 3: EUROPE HYPERSPECTRAL IMAGING MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 4: EUROPE HYPERSPECTRAL IMAGING MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 5: EUROPE HYPERSPECTRAL IMAGING MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 6: EUROPE HYPERSPECTRAL IMAGING MARKET, BY SYSTEM, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 7: EUROPE HYPERSPECTRAL IMAGING MARKET, BY SYSTEM, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 8: EUROPE HYPERSPECTRAL IMAGING MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 9: EUROPE HYPERSPECTRAL IMAGING MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 10: LEADING PLAYERS OPERATING IN EUROPE HYPERSPECTRAL IMAGING MARKET
LIST OF FIGURES
FIGURE 1: PORTER’S FIVE FORCE ANALYSIS
FIGURE 2: OPPORTUNITY MATRIX
FIGURE 3: VENDOR LANDSCAPE
FIGURE 4: KEY INVESTMENT INSIGHTS
FIGURE 5: EUROPE HYPERSPECTRAL IMAGING MARKET, BY APPLICATION, IN 2020
FIGURE 6: EUROPE HYPERSPECTRAL IMAGING MARKET, BY MILITARY SURVEILLANCE, 2021-2028 (IN $ MILLION)
FIGURE 7: EUROPE HYPERSPECTRAL IMAGING MARKET, BY HEALTHCARE, 2021-2028 (IN $ MILLION)
FIGURE 8: EUROPE HYPERSPECTRAL IMAGING MARKET, BY MINERALOGY, 2021-2028 (IN $ MILLION)
FIGURE 9: EUROPE HYPERSPECTRAL IMAGING MARKET, BY RESEARCH, 2021-2028 (IN $ MILLION)
FIGURE 10: EUROPE HYPERSPECTRAL IMAGING MARKET, BY FOOD PROCESSING, 2021-2028 (IN $ MILLION)
FIGURE 11: EUROPE HYPERSPECTRAL IMAGING MARKET, BY AGRICULTURE, 2021-2028 (IN $ MILLION)
FIGURE 12: EUROPE HYPERSPECTRAL IMAGING MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 13: EUROPE HYPERSPECTRAL IMAGING MARKET, BY TECHNOLOGY, IN 2020
FIGURE 14: EUROPE HYPERSPECTRAL IMAGING MARKET, BY SPECTRAL SCANNING, 2021-2028 (IN $ MILLION)
FIGURE 15: EUROPE HYPERSPECTRAL IMAGING MARKET, BY SPATIAL SCANNING, 2021-2028 (IN $ MILLION)
FIGURE 16: EUROPE HYPERSPECTRAL IMAGING MARKET, BY SYSTEM, IN 2020
FIGURE 17: EUROPE HYPERSPECTRAL IMAGING MARKET, BY AIRBORNE CAMERAS, 2021-2028 (IN $ MILLION)
FIGURE 18: EUROPE HYPERSPECTRAL IMAGING MARKET, BY OUTDOOR CAMERAS, 2021-2028 (IN $ MILLION)
FIGURE 19: EUROPE HYPERSPECTRAL IMAGING MARKET, BY BENCHTOP CAMERAS, 2021-2028 (IN $ MILLION)
FIGURE 20: EUROPE HYPERSPECTRAL IMAGING MARKET, BY SOFTWARE, 2021-2028 (IN $ MILLION)
FIGURE 21: EUROPE HYPERSPECTRAL IMAGING MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)
FIGURE 22: GERMANY HYPERSPECTRAL IMAGING MARKET, 2021-2028 (IN $ MILLION)
FIGURE 23: UNITED KINGDOM HYPERSPECTRAL IMAGING MARKET, 2021-2028 (IN $ MILLION)
FIGURE 24: FRANCE HYPERSPECTRAL IMAGING MARKET, 2021-2028 (IN $ MILLION)
FIGURE 25: ITALY HYPERSPECTRAL IMAGING MARKET, 2021-2028 (IN $ MILLION)
FIGURE 26: RUSSIA HYPERSPECTRAL IMAGING MARKET, 2021-2028 (IN $ MILLION)
FIGURE 27: BELGIUM HYPERSPECTRAL IMAGING MARKET, 2021-2028 (IN $ MILLION)
FIGURE 28: POLAND HYPERSPECTRAL IMAGING MARKET, 2021-2028 (IN $ MILLION)
FIGURE 29: REST OF EUROPE HYPERSPECTRAL IMAGING MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- GERMANY
- UNITED KINGDOM
- FRANCE
- ITALY
- RUSSIA
- BELGIUM
- POLAND
- REST OF EUROPE
- EUROPE
- MARKET BY APPLICATION
- MILITARY SURVEILLANCE
- HEALTHCARE
- MINERALOGY
- RESEARCH
- FOOD PROCESSING
- AGRICULTURE
- OTHER APPLICATIONS
- MARKET BY TECHNOLOGY
- SPECTRAL SCANNING
- SPATIAL SCANNING
- MARKET BY SYSTEM
- AIRBORNE CAMERAS
- OUTDOOR CAMERAS
- BENCHTOP CAMERAS
- SOFTWARE
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We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.