Market Overview:
The global hyperspectral imaging for environmental monitoring market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into visible + near infrared light, short-wavelength infrared and others. On the basis of application, the market is segmented into PET, PVC, PA, HDPE, PP and others. The North America region dominates this market followed by Europe and Asia Pacific regions respectively.
Product Definition:
Hyperspectral imaging is the process of capturing spectral data across a wide range of wavelengths. This data can be used to create images that show how different materials and objects reflect or absorb light. This information can be used for environmental monitoring to identify pollutants, track land use changes, and monitor plant health.
Visible + Near Infrared Light:
Visible and near infrared light is a part of electromagnetic spectrum, which is used for imaging by Hyperspectral Imaging (HSI) technology. HSI has gained popularity in the recent past owing to its ability to provide high-quality images with improved signal/noise ratio as compared to other conventional imaging techniques.
Short-Wavelength Infrared:
Short-wavelength infrared (SWIR) imaging is a new technology that has gained popularity in the past few years owing to its use in remote sensing, food quality control, and other industrial applications. Hyperspectral Imaging for Environmental Monitoring (HIE) market is expected to witness significant growth over the forecast period due to increasing demand from various end-use industries such as water & wastewater management, agriculture industry among others.
Application Insights:
The plastic pipe application segment led the global hyperspectral imaging for environmental monitoring market in 2017. Plastic pipes are used in a variety of applications including water supply and drainage systems, waste management, and natural gas transportation. The growing population coupled with increasing urbanization is expected to drive the demand for plastics which can have an adverse effect on the environment if disposed of improperly. Hyperspectral imaging can be effectively used to identify materials such as plastic or rubber within wastewater effluents thereby aiding in their identification and characterization leading to reduced contamination levels at source as well as during treatment processes.
PVC is estimated to be one of the fastest-growing segments over the forecast period owing to its wide range of applications including packaging, building & construction materials, automotive interior trim components among others.
Regional Analysis:
North America dominated the global hyperspectral imaging for environmental monitoring market in 2016. The region is expected to maintain its position during the forecast period owing to increasing research and development activities by various organizations, such as NASA and National Institute of Standards & Technology (NIST). Moreover, growing adoption of hyperspectral imaging for wastewater treatment is also one of the major factors contributing toward regional growth.
Asia Pacific region is anticipated to witness lucrative growth over the forecast period owing to rising government initiatives in developing countries such as India and China.
Growth Factors:
- Increasing demand for food safety and security: The hyperspectral imaging market for environmental monitoring is expected to grow at a CAGR of 9.5% from 2016 to 2021. This is due to the increasing demand for food safety and security, as it can help detect contaminants in food products at an early stage.
- Rapid industrialization and urbanization: The growth of the hyperspectral imaging market for environmental monitoring is also attributed to the rapid industrialization and urbanization across the globe, which has led to an increase in air pollution levels.
- Stringent government regulations: Stringent government regulations pertaining to environment protection are also driving the growth of this market. For instance, under the U .S EPA’s National Ambient Air Quality Standards (NAAQS), certain pollutants are regulated in order to protect public health and welfare from adverse effects associated with long-term exposure To these pollutants .
Scope Of The Report
Report Attributes
Report Details
Report Title
Hyperspectral Imaging for Environmental Monitoring Market Research Report
By Type
Visible + Near Infrared Light, Short-Wavelength Infrared, Others
By Application
PET, PVC, PA, HDPE, PP, Others
By Companies
Headwall Photonics, Resonon, IMEC, EVK DI Kerschhaggl, Cubert, Galileo, Specim, Gooch & Housego, Surface Optics, Norsk Elektro Optikk A/S, Wayho Technology, BaySpec
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Hyperspectral Imaging for Environmental Monitoring Market Report Segments:
The global Hyperspectral Imaging for Environmental Monitoring market is segmented on the basis of:
Types
Visible + Near Infrared Light, Short-Wavelength Infrared, Others
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
PET, PVC, PA, HDPE, PP, Others
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:
- Headwall Photonics
- Resonon
- IMEC
- EVK DI Kerschhaggl
- Cubert
- Galileo
- Specim
- Gooch & Housego
- Surface Optics
- Norsk Elektro Optikk A/S
- Wayho Technology
- BaySpec
Highlights of The Hyperspectral Imaging for Environmental Monitoring 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 + Near Infrared Light
- Short-Wavelength Infrared
- Others
- By Application:
- PET
- PVC
- PA
- HDPE
- PP
- Others
- 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 Hyperspectral Imaging for Environmental Monitoring 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.
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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?
Hyperspectral imaging is a type of remote sensing that uses spectral bands to characterize the physical, chemical, and biological properties of objects or environments. Hyperspectral data can be used to identify different types of objects and materials in an image, as well as measure various environmental parameters.
Some of the key players operating in the hyperspectral imaging for environmental monitoring market are Headwall Photonics, Resonon, IMEC, EVK DI Kerschhaggl, Cubert, Galileo, Specim, Gooch & Housego, Surface Optics, Norsk Elektro Optikk A/S, Wayho Technology, BaySpec.
The hyperspectral imaging for environmental monitoring market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hyperspectral Imaging for Environmental Monitoring 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 Hyperspectral Imaging for Environmental Monitoring Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hyperspectral Imaging for Environmental Monitoring 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 Hyperspectral Imaging for Environmental Monitoring 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 Hyperspectral Imaging for Environmental Monitoring Market Size & Forecast, 2020-2028
4.5.1 Hyperspectral Imaging for Environmental Monitoring Market Size and Y-o-Y Growth
4.5.2 Hyperspectral Imaging for Environmental Monitoring 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 + Near Infrared Light
5.2.2 Short-Wavelength Infrared
5.2.3 Others
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 PET
6.2.2 PVC
6.2.3 PA
6.2.4 HDPE
6.2.5 PP
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hyperspectral Imaging for Environmental Monitoring 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 Hyperspectral Imaging for Environmental Monitoring 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 + Near Infrared Light
9.6.2 Short-Wavelength Infrared
9.6.3 Others
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 PET
9.10.2 PVC
9.10.3 PA
9.10.4 HDPE
9.10.5 PP
9.10.6 Others
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 + Near Infrared Light
10.6.2 Short-Wavelength Infrared
10.6.3 Others
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 PET
10.10.2 PVC
10.10.3 PA
10.10.4 HDPE
10.10.5 PP
10.10.6 Others
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 + Near Infrared Light
11.6.2 Short-Wavelength Infrared
11.6.3 Others
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 PET
11.10.2 PVC
11.10.3 PA
11.10.4 HDPE
11.10.5 PP
11.10.6 Others
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 + Near Infrared Light
12.6.2 Short-Wavelength Infrared
12.6.3 Others
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 PET
12.10.2 PVC
12.10.3 PA
12.10.4 HDPE
12.10.5 PP
12.10.6 Others
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 + Near Infrared Light
13.6.2 Short-Wavelength Infrared
13.6.3 Others
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 PET
13.10.2 PVC
13.10.3 PA
13.10.4 HDPE
13.10.5 PP
13.10.6 Others
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 Hyperspectral Imaging for Environmental Monitoring Market: Competitive Dashboard
14.2 Global Hyperspectral Imaging for Environmental Monitoring Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Headwall Photonics
14.3.2 Resonon
14.3.3 IMEC
14.3.4 EVK DI Kerschhaggl
14.3.5 Cubert
14.3.6 Galileo
14.3.7 Specim
14.3.8 Gooch & Housego
14.3.9 Surface Optics
14.3.10 Norsk Elektro Optikk A/S
14.3.11 Wayho Technology
14.3.12 BaySpec
