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According to a new report, Asia Pacific Hyperspectral Imaging Systems Market, published by KBV Research, the Asia Pacific Hyperspectral Imaging Systems Market to grow at a CAGR of 13.5% during 2016 -2022.
The Military Surveillance market dominated the Asia-Pacific Hyperspectral Imaging Systems Market in 2015, and would grow at a CAGR of 11.6% during the forecast period. The Remote Sensing market is expected attain a market size of $832.4 million by 2022. The Hyperspectral Cameras market contributed the larger revenue share to the Asia-Pacific Hyperspectral Imaging Systems Market in 2015, and growing at a CAGR of 12.3% during the forecast period.
The China market dominated the Asia-Pacific Hyperspectral Cameras Hyperspectral Imaging Systems Market in 2015, and would reach a market size of $586.8 million by 2022, growing at a CAGR of 8.6% during the forecast period. However, Japan market is expected to grow at CAGR of 12.8% during 2016-2022.
The report highlights the adoption of Hyperspectral Imaging Systems in Asia Pacific.Based on Application, the market is segmented into Military Surveillance,Remote Sensing, Machine Vision/Optical 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 China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia Pacific.
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., NorskElektroOptikk As, Surface Optics Corporation, and Chemimage Corporation.
The market is segmented based on Application, Component, and Country.