Increasing adoption for new applications and development of low-cost hyperspectral cameras have significantly boosted the adoption of hyperspectral cameras. On the basis of application, the market is categorized into military surveillance, remote sensing, machine vision/ optical sorting, life sciences & medical diagnostics, and other applications (colorimetry, meteorology, thin film manufacturing, and night vision). In 2016, military surveillance segment is expected to account for the largest share of the Hyperspectral Imaging Systems Market. The life sciences and medical diagnostics segment is expected to grow at the highest CAGR during the forecast period. Related SiteGrowth of the life sciences and medical diagnostics segment can be attributed to recent advances in hyperspectral cameras, image analysis methods, and computational power providing opportunities in medical applications. In 2016, North America is expected to account for the largest share of the Hyperspectral Imaging Systems Market, primarily due to the high adoption of hyperspectral imaging systems in research, growth in research funding, technological advancements, and increasing awareness on the benefits of hyperspectral imaging in commercial industries in this region. The Asia-Pacific region is estimated to grow at the highest CAGR during the forecast period. Buy Now: https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=246979343 Major players in Hyperspectral Imaging Systems Market include Headwall Photonics, Inc. (U.S.), Corning Incorporated (U.S.), SPECIM, Spectral Imaging Ltd. (Finland), Resonon (U.S.), Telops Inc. (Canada), Norsk Elektro Optikk AS (Norway), Applied Spectral Imaging (U.S.), BaySpec Inc.
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