Market Overview:
The global multispectral scanners market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for multispectral scanners for various applications such as geographical remote sensing, environmental monitoring, satellite communication, and others.
Product Definition:
Multispectral scanners are devices that use multiple spectrums of light to create an image. This can be used to see through obscuring elements, such as smoke or fog, or to identify objects based on their spectral signature.
Multi Camera Type:
Multi camera type is a set of cameras, which are used to capture the real-time view in the form of video or image. It's major use is in surveillance and safety application but it can also be used for human body scanning. The technology has been around for quite some time but its growth factor was limited to only high end security applications with huge investment cost.
Multi Lens Type:
Multi-lens type is a technology that incorporates more than two lenses in the optical assembly of a scanner. It helps to capture high quality images and videos with enhanced sharpness and clarity. The technology has wide applications in Unmanned Aerial Vehicle (UAV) imaging, hyperspectral imaging, 3D scanning, and 360° panoramic photography among others.
Application Insights:
The satellite communication segment is anticipated to register the highest CAGR over the forecast period owing to increasing demand for high-speed data transfer and communication services. The use of multispectral scanners in satellite communications has witnessed a surge due to their ability to provide enhanced image and signal quality. Furthermore, they are also used in military applications as they offer improved imaging and signal clarity at a lower price point compared with other conventional technologies such as radar.
Geographical remote sensing emerged as the leading application segment in 2017 owing to its wide adoption across various industries including agriculture, infrastructure monitoring, land use/cover change monitoring etc. Moreover, it offers benefits such as increased accuracy due to spatial information while taking measurements from large areas of earth's surface simultaneously which aid decision making processes within organizations or governments involved in GIS activities globally.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of industry players and high adoption rate for advanced technologies. The region is expected to maintain its dominance over the forecast period due to increasing government spending on space-related activities, growing demand for satellite imaging, and technological advancements in multi-spectral sensors.
The Asia Pacific regional market is anticipated to grow at a significant pace over the forecast period owing to rapid developments in remote sensing applications across various sectors such as agriculture, environment monitoring & disaster management. Furthermore, rising demand for geospatial information pertaining to natural resources exploration will further boost growth prospects within this region.
Growth Factors:
- Increasing demand for multispectral scanners in the agricultural sector for precision farming is expected to drive the growth of the multispectral scanner market during the forecast period.
- The increasing use of multispectral scanners in security and surveillance applications is another key factor that is expected to fuel the growth of this market during the forecast period.
- The growing demand for unmanned aerial vehicles (UAVs) equipped with multispectral scanners for surveying and mapping applications is also anticipated to boost market growth during the forecast period.
- The increasing adoption of multispectral scanning technology by medical research institutes for disease diagnosis and treatment purposes is also projected to fuel market growth over the next few years. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Multispectral Scanners Market Research Report
By Type
Multi Camera Type, Multi Lens Type, Beam Separation Type
By Application
Geographical Remote Sensing, Environmental Monitoring, Satellite Communication, Other
By Companies
Specim, Timbercon, SILIOS Technologies, PHENOSPEX, Spectral Devices, Akoya Biosciences
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Multispectral Scanners Market Report Segments:
The global Multispectral Scanners market is segmented on the basis of:
Types
Multi Camera Type, Multi Lens Type, Beam Separation Type
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
Geographical Remote Sensing, Environmental Monitoring, Satellite Communication, Other
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:
- Specim
- Timbercon
- SILIOS Technologies
- PHENOSPEX
- Spectral Devices
- Akoya Biosciences
Highlights of The Multispectral Scanners 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:
- Multi Camera Type
- Multi Lens Type
- Beam Separation Type
- By Application:
- Geographical Remote Sensing
- Environmental Monitoring
- Satellite Communication
- Other
- 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 Multispectral Scanners 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?
A multispectral scanner is a device that can capture and analyze multiple wavelengths of light simultaneously. This allows the scanner to identify objects and patterns in an image with greater accuracy than traditional scanners. Multispectral scanners are often used in security applications, such as airport screening, border control, and warehouse management.
Some of the key players operating in the multispectral scanners market are Specim, Timbercon, SILIOS Technologies, PHENOSPEX, Spectral Devices, Akoya Biosciences.
The multispectral scanners market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multispectral Scanners 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 Multispectral Scanners Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multispectral Scanners 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 Multispectral Scanners 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 Multispectral Scanners Market Size & Forecast, 2018-2028
4.5.1 Multispectral Scanners Market Size and Y-o-Y Growth
4.5.2 Multispectral Scanners Market Absolute $ Opportunity
Chapter 5 Global Multispectral Scanners 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 Multispectral Scanners Market Size Forecast by Type
5.2.1 Multi Camera Type
5.2.2 Multi Lens Type
5.2.3 Beam Separation Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Multispectral Scanners 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 Multispectral Scanners Market Size Forecast by Applications
6.2.1 Geographical Remote Sensing
6.2.2 Environmental Monitoring
6.2.3 Satellite Communication
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multispectral Scanners 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 Multispectral Scanners 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 Multispectral Scanners Analysis and Forecast
9.1 Introduction
9.2 North America Multispectral Scanners 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 Multispectral Scanners Market Size Forecast by Type
9.6.1 Multi Camera Type
9.6.2 Multi Lens Type
9.6.3 Beam Separation Type
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 Multispectral Scanners Market Size Forecast by Applications
9.10.1 Geographical Remote Sensing
9.10.2 Environmental Monitoring
9.10.3 Satellite Communication
9.10.4 Other
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 Multispectral Scanners Analysis and Forecast
10.1 Introduction
10.2 Europe Multispectral Scanners 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 Multispectral Scanners Market Size Forecast by Type
10.6.1 Multi Camera Type
10.6.2 Multi Lens Type
10.6.3 Beam Separation Type
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 Multispectral Scanners Market Size Forecast by Applications
10.10.1 Geographical Remote Sensing
10.10.2 Environmental Monitoring
10.10.3 Satellite Communication
10.10.4 Other
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 Multispectral Scanners Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Multispectral Scanners 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 Multispectral Scanners Market Size Forecast by Type
11.6.1 Multi Camera Type
11.6.2 Multi Lens Type
11.6.3 Beam Separation Type
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 Multispectral Scanners Market Size Forecast by Applications
11.10.1 Geographical Remote Sensing
11.10.2 Environmental Monitoring
11.10.3 Satellite Communication
11.10.4 Other
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 Multispectral Scanners Analysis and Forecast
12.1 Introduction
12.2 Latin America Multispectral Scanners 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 Multispectral Scanners Market Size Forecast by Type
12.6.1 Multi Camera Type
12.6.2 Multi Lens Type
12.6.3 Beam Separation Type
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 Multispectral Scanners Market Size Forecast by Applications
12.10.1 Geographical Remote Sensing
12.10.2 Environmental Monitoring
12.10.3 Satellite Communication
12.10.4 Other
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) Multispectral Scanners Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Multispectral Scanners 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) Multispectral Scanners Market Size Forecast by Type
13.6.1 Multi Camera Type
13.6.2 Multi Lens Type
13.6.3 Beam Separation Type
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) Multispectral Scanners Market Size Forecast by Applications
13.10.1 Geographical Remote Sensing
13.10.2 Environmental Monitoring
13.10.3 Satellite Communication
13.10.4 Other
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 Multispectral Scanners Market: Competitive Dashboard
14.2 Global Multispectral Scanners Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Specim
14.3.2 Timbercon
14.3.3 SILIOS Technologies
14.3.4 PHENOSPEX
14.3.5 Spectral Devices
14.3.6 Akoya Biosciences
