Market Overview:
The global agriscience hyperspectral imaging (HSI) market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for precision farming and rising adoption of agricultural robots, agricultural vehicles, and handheld devices. Additionally, the increasing demand for HSI in food inspection and quality control is also propelling the growth of this market. However, high installation and maintenance cost may restrain the growth of this market to some extent during the forecast period.
 Industry Outlook.svg)
Product Definition:
Agriscience hyperspectral imaging (HSI) is the use of spectral imaging technology to measure and collect data from crops, plants, and other agricultural objects. This information can then be used to improve yields, identify pests or diseases, and optimize growth conditions. HSI systems are often mounted on aircraft or satellites for wide-area coverage, but they can also be used in handheld or stationary form.
Visible Light + Near Infrared:
Visible light and near infrared spectrums are the two important parts of a Hyperspectral Imaging (HSI) system. HSI is an imaging technology that uses visible light, near infrared and other spectral bands to provide enhanced images. The advantage of using HSI over other conventional imaging techniques is that it provides more data in lesser time with higher spatial resolution.
Short Wave Infrared:
Short wave infrared (SWIR) is the part of electromagnetic spectrum between 7-14µm, usually used for applications requiring high resolution and sensitivity. It has higher spatial resolution than mid-wave infrared (MWIR), but lower than long-wave infrared (LWIR). The advantage of using SWIR over MWIR or LW IR is that it does not require cooling mechanism to achieve cryogenic temperatures, which makes it a preferred choice in consumer electronics industry.
Application Insights:
The global agriscience HSI market has been segmented into agricultural robots/agricultural vehicles/handheld, drone and others. The handheld hyperspectral imaging equipment category dominated the overall industry in terms of revenue in 2017. This is attributed to its low price as compared to other types of imaging spectrometers and its ease of use for field work.
Agricultural robots are expected to be the fastest-growing application segment over the forecast period owing to increasing demand for precision farming tools that help farmers increase crop yield by analyzing data from multiple sensors at a time with Hyperspectral Imaging (HSI). Drones are also projected to witness significant growth over the forecast period due these advanced features such as high-definition cameras, GPS tracking devices, etc., which enable users track crops or livestock from a remote location using mobile phones or computers.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D investments by key companies and their efforts to commercialize products at a faster pace. For instance, in May 2018, Agra S.A., a Switzerland-based company, announced that it had received CE Mark for its hyperspectral imaging technology developed specifically for agricultural applications from Laser Technology Incorporated (LT2).
Growth Factors:
- Increasing demand for food due to population growth
- Rising awareness about the benefits of agriscience hyperspectral imaging (HSI) among farmers and other stakeholders
- Technological advancements in HSI sensors and software
- Growing investments in R&D by agriscience hyperspectral imaging (HSI) companies
- Expansion of the agricultural sector in developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Agriscience Hyperspectral Imaging (HSI) Market Research Report
By Type
Visible Light + Near Infrared, Short Wave Infrared
By Application
Agricultural Robots/Agricultural Vehicles/Handheld, Drone
By Companies
Cubert, Surface Optics, Resonon, Headwall Photonics, IMEC, Specim, Zolix, BaySpec, ITRES, Norsk Elektro Optikk A/S, Wayho Technology, TruTag（HinaLea Imaging）, Corning（NovaSol）, Brimrose, Spectra Vista
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Agriscience Hyperspectral Imaging (HSI) Market Report Segments:
The global Agriscience Hyperspectral Imaging (HSI) market is segmented on the basis of:
Types
Visible Light + Near Infrared, Short Wave Infrared
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agricultural Robots/Agricultural Vehicles/Handheld, Drone
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cubert
- Surface Optics
- Resonon
- Headwall Photonics
- IMEC
- Specim
- Zolix
- BaySpec
- ITRES
- Norsk Elektro Optikk A/S
- Wayho Technology
- TruTag（HinaLea Imaging）
- Corning（NovaSol）
- Brimrose
- Spectra Vista
 Market Overview.svg)
Highlights of The Agriscience Hyperspectral Imaging (HSI) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Visible Light + Near Infrared
- Short Wave Infrared
- By Application:
- Agricultural Robots/Agricultural Vehicles/Handheld
- Drone
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Agriscience Hyperspectral Imaging (HSI) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Agriscience hyperspectral imaging (HSI) is a type of remote sensing that uses spectral bands to image the Earth's surface. HSI can provide detailed images of land, water, vegetation, and other objects at various resolutions.
Some of the key players operating in the agriscience hyperspectral imaging (hsi) market are Cubert, Surface Optics, Resonon, Headwall Photonics, IMEC, Specim, Zolix, BaySpec, ITRES, Norsk Elektro Optikk A/S, Wayho Technology, TruTag（HinaLea Imaging）, Corning（NovaSol）, Brimrose, Spectra Vista.
The agriscience hyperspectral imaging (hsi) market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agriscience Hyperspectral Imaging (HSI) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Agriscience Hyperspectral Imaging (HSI) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Agriscience Hyperspectral Imaging (HSI) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Agriscience Hyperspectral Imaging (HSI) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Agriscience Hyperspectral Imaging (HSI) Market Size & Forecast, 2020-2028
4.5.1 Agriscience Hyperspectral Imaging (HSI) Market Size and Y-o-Y Growth
4.5.2 Agriscience Hyperspectral Imaging (HSI) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Visible Light + Near Infrared
5.2.2 Short Wave Infrared
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Agricultural Robots/Agricultural Vehicles/Handheld
6.2.2 Drone
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agriscience Hyperspectral Imaging (HSI) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Agriscience Hyperspectral Imaging (HSI) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Visible Light + Near Infrared
9.6.2 Short Wave Infrared
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Agricultural Robots/Agricultural Vehicles/Handheld
9.10.2 Drone
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Visible Light + Near Infrared
10.6.2 Short Wave Infrared
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Agricultural Robots/Agricultural Vehicles/Handheld
10.10.2 Drone
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Visible Light + Near Infrared
11.6.2 Short Wave Infrared
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Agricultural Robots/Agricultural Vehicles/Handheld
11.10.2 Drone
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Visible Light + Near Infrared
12.6.2 Short Wave Infrared
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Agricultural Robots/Agricultural Vehicles/Handheld
12.10.2 Drone
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Visible Light + Near Infrared
13.6.2 Short Wave Infrared
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Agricultural Robots/Agricultural Vehicles/Handheld
13.10.2 Drone
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Agriscience Hyperspectral Imaging (HSI) Market: Competitive Dashboard
14.2 Global Agriscience Hyperspectral Imaging (HSI) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cubert
14.3.2 Surface Optics
14.3.3 Resonon
14.3.4 Headwall Photonics
14.3.5 IMEC
14.3.6 Specim
14.3.7 Zolix
14.3.8 BaySpec
14.3.9 ITRES
14.3.10 Norsk Elektro Optikk A/S
14.3.11 Wayho Technology
14.3.12 TruTag（HinaLea Imaging）
14.3.13 Corning（NovaSol）
14.3.14 Brimrose
14.3.15 Spectra Vista
