The hyperspectral imaging systems market is projected to reach USD 1.83 billion by 2030 from USD 0.92 billion in 2025, at a CAGR of 14.7% during the forecast period.
The global hyperspectral imaging
systems market is experiencing strong growth, driven by the increasing adoption
of these systems across various applications, including defense, aerospace,
agriculture, environmental monitoring, healthcare, and industrial inspection,
worldwide. The rising demand for high-resolution spectral data to enable
accurate material identification, quality assessment, and real-time
decision-making is a key driver of growth. Advances in sensor technologies,
combined with the integration of AI- and ML-based analytics, are improving
system performance and expanding commercial use cases across regions. In
addition, sustained government funding, space and defense programs, and the
growing deployment of airborne, UAV, and satellite-based hyperspectral
platforms collectively support the continued expansion of the global
hyperspectral imaging systems market.
Key players operating in the
hyperspectral imaging systems market are Corning Incorporated (US), SPECIM,
SPECTRAL IMAGING LTD. (Finland), Malvern Panalytical Ltd (UK), HORIBA (Japan),
Resonon Inc. (US), Norsk Elektro Optikk (Norway), Telops Inc. (Norway),
Headwall Photonics (US), BaySpec, Inc. (US), and Cubert GmbH (Germany), among
others.
In January 2025, Headwall
Photonics acquired EVK, an Austria-based company, strengthening its
hyperspectral imaging portfolio for industrial and machine vision applications
across North America and globally.
Top Hyperspectral Imaging Systems Companies
Corning Incorporated (US)
Corning Incorporated is a
provider of hyperspectral imaging systems, offering solutions for various
applications. With a diverse portfolio, Corning specializes in advanced optical
technologies tailored for industries such as healthcare, agriculture, and environmental
monitoring. The company’s collaborations with other market players have
strengthened its position, making Corning a highly preferred choice for
high-performance hyperspectral imaging systems.
Headwall Photonics Inc. (US)
Headwall Photonics designs and
manufactures spectral imaging sensors for various applications, including
environmental monitoring, remote sensing, precision agriculture, cultural
heritage preservation, industrial process control, and in-line product inspection,
among others. Headwall Photonics operates in four business segments: Remote
Sensing, Machine Vision, Medical Biotech, and Government Defense. The company
provides solutions, including diffraction gratings and optical modules for OEM
customers, as well as spectral imaging sensors and OEM subassemblies such as
Raman imaging spectrographs. Additionally, it offers integrated hyperspectral
imaging solutions. The company’s core competency lies in the manufacturing of
application-specific holographic diffraction gratings, which are fundamental
for producing multispectral and hyperspectral imaging sensors.
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Market Ranking
The hyperspectral imaging
systems market is competitive, with the top three players: Corning Incorporated
(US), SPECIM, SPECTRAL IMAGING (US), among others. Corning Incorporated (US)
holds a strong position in the hyperspectral imaging systems market, supported
by its deep expertise in advanced optics, photonic materials, and glass
technologies that form critical components of high-performance hyperspectral
systems. Corning’s capabilities in precision optics, combined with its
long-standing relationships with system integrators, research institutions, and
industrial customers, enable wide adoption across various applications,
including life sciences, industrial inspection, defense, and remote sensing.
SPECIM (Finland) has also established a solid presence globally through its
broad portfolio of VNIR and SWIR hyperspectral cameras, which are widely used
in industrial quality control, food inspection, agriculture, and research
applications. SPECIM’s focus on high spectral resolution, reliable performance,
and partnerships with distributors and integrators continues to strengthen its
footprint and competitive positioning in the regional hyperspectral imaging
systems market.
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