Hyperspectral Imaging Market Share

Market Share of Hyperspectral Imaging Industry

The Hyperspectral Imaging market is fragmented with the presence of major players like Galileo Group, Inc., BaySpec Inc., Specim Spectral Imaging Ltd, Corning Incorporated, and Surface Optics Corporation. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

• August 2023 - Specim announced the next-generation near-infrared line-scan hyperspectral camera, Specim GX17, for advanced machine vision. The new Specim GX17 complements Specim's highly successful FX camera series, the first hyperspectral camera designed specifically for industrial use.
• February 2023 - Headwall has introduced advanced sensor payloads consisting of hyperspectral sensors and LIDAR for deployment on Unmanned Aerial Vehicle (UAV) platforms. This fusion of spectral imaging data and 3D LIDAR output allows for new industry-leading capabilities in handling essential remote sensing applications varying 3from civil and military infrastructure inspection to crop science applications needing discrete solutions for crop monitoring.

Hyperspectral Imaging Market Leaders

1. Galileo Group, Inc.

2. BaySpec Inc.

3. Specim Spectral Imaging Ltd

4. Corning Incorporated

5. Surface Optics Corporation

*Disclaimer: Major Players sorted in no particular order