Middle East & Africa Hyperspectral Imaging Systems Market Size & Outlook
Middle East & Africa hyperspectral imaging systems market, 2018-2030 (US$M)
Related Markets
MEA hyperspectral imaging systems market highlights
- The MEA hyperspectral imaging systems market generated a revenue of USD 809.7 million in 2023.
- The market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, camera was the largest revenue generating product in 2023.
- Camera is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 809.7 million |
| Market revenue in 2030 | USD 1,434.9 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Camera |
| Fastest growing segment | Camera |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Camera, Accessories |
| Key market players worldwide | Corning Inc, Konica Minolta Inc, imec, SPECIM, Resonon, Headwall Photonics, Telops, Norsk Elektro Optikk, Surface Optics Corporation, BaySpec, HAIP Solutions, XIMEA |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.7% of the global hyperspectral imaging systems market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,885.0 million by 2030.
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Hyperspectral Imaging Systems Market Scope
Hyperspectral Imaging Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa hyperspectral imaging systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hyperspectral imaging systems market will help companies and investors design strategic landscapes.
Camera was the largest segment with a revenue share of 71.88% in 2023. Horizon Databook has segmented the Middle East & Africa hyperspectral imaging systems market based on camera, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Hyperspectral Imaging Systems Product Outlook (Revenue, USD Million, 2018-2030)
- Camera
- Accessories
- Middle East & Africa Hyperspectral Imaging Systems Technology Outlook (Revenue, USD Million, 2018-2030)
- Snapshot
- Push Broom
- Others
- Middle East & Africa Hyperspectral Imaging Systems Application Outlook (Revenue, USD Million, 2018-2030)
- Military Surveillance
- Remote Sensing
- Medical Diagnostics
- Machine Vision & Optical Sorting
- Others
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Target buyers of Middle East & Africa hyperspectral imaging systems market databook
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Our clientele includes a mix of hyperspectral imaging systems market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa hyperspectral imaging systems market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa hyperspectral imaging systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA hyperspectral imaging systems market size, by country, 2018-2030 (US$M)
Middle East & Africa Hyperspectral Imaging Systems Market Outlook Share, 2023 & 2030 (US$M)
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