Global Hyper Spectral Imaging Market: Leading Players Focusing on Expanding Footprint via Strategic Collaborations
With the top 3 players holding just short of 65% of the overall market share in 2015, the global hyper spectral imaging system market exhibits a high degree of consolidation. These companies are FLIR Systems Inc., Thermo Fisher Scientific, and Teledyne Technologies. Despite a consolidated vendor landscape, the global hyper spectral imaging system market is witnessing the highly competitive trends, finds Transparency Market Research (TMR) in a recent study. Diverse Industrial Applications of Hyper Spectral Imaging Systems to Aid Growth Enterprises operating in the market will primarily gain from the expanding industrial applications of hyper spectral imaging system. As per TMR, the application of these systems has expanded across pharmaceutical, forensics, food and agriculture, packaging, automotive, and minerals & mining industries. They are used in detecting missing coating, tablets, and differentiating dope among other applications across the aforeme...