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The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the most significant global hyperspectral imaging in agriculture market, with a 39% market revenue share in 2023.
The region’s agricultural technology is well developed, the investment on agriculture technology research is high and the region is home to numerous market players who develop and manufacture these technologies. This synergy enables a fast integration of such advanced technologies such as hyperspectral imaging to advance crop management and increase yields in agriculture. North America has been implementing precision agriculture technologies from early time. Large scale farming is rife for the agricultural sector in North America making HSI relevant owing to the management challenges that characterize large scale farming. Furthermore, the fact that the region focuses heavily on sustainability and environmental protection makes the hyperspectral imaging efficient in the region. Also, there are forefront research institutions and agricultural universities executing innovative research and incubating vigorous learning environment in North America which in turn drives the advancement and incorporation of HSI in agriculture.
North America Region Hyperspectral Imaging in Agriculture Market Share in 2023 - 39%
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The component segment is divided into hardware and software. The software segment dominated the market, with a market share of around 52% in 2023. Software has emerged as a key segment of hyperspectral imaging (HSI) market in agriculture due to its indispensability in processing, analysing and visualizing spectral data that hyperspectral sensors gather. While physical systems including hyperspectral cameras or spectrometers may be used in data acquisition which is important for decision making, it is the software which translates this raw data into information which can be useful to farmers. This capability of software makes it easy for farmers to make sound decisions. In addition, visualization software improves the interaction between the user and the data being analysed through presentation of the information required in an easily understandable format. This increased user friendliness provides farmers with graphs and interfaces that they can understand.
The application segment is divided into crop monitoring, soil analysis, pest and disease detection, irrigation management, and nutrient management. The crop monitoring segment dominated the market, with a market share of around 35% in 2023. Crop monitoring is the most popular use of hyperspectral imaging (HSI) for agriculture because of its importance in boosting crop yields and efficiency. Since climate change, pest attack, and demands for food are putting much pressure on farmers making crop monitoring a vital tool in making the right decisions. HSI technology helps farmers to track almost all the factors: chlorophyll, moisture, and completeness of the plant are vital elements that characterize the health of crops. Such information enables efficient practices to be applied which help in increasing yields but reducing cost.
The platform segment is divided into ground-based systems, airborne systems, and satellite systems. The ground-based systems segment dominated the market, with a market share of around 38% in 2023. Ground based systems are more prevalent in the HSI market for agriculture due to their relative availability, versatility and high-quality data capture. Compared to aerial or orbital systems, ground-based platforms can be placed directly into fields to provide high-resolution inspection of crop or soil quality. This proximity allows farmers to get high resolution imagery as well as spectral data which is crucial for accurate evaluation of the physiological and nutritional status of the plants and the conditions in the fields. The other benefit, which only ground-based systems offer, is the option for repeated observations over relatively long periods of time. In addition, improved technology in sensors and data processing software for ground-based systems continue to develop making the systems as efficient as airborne ones to provide accurate data that promotes efficient farming. Therefore, ground-based systems shall retain its dominance in the hyperspectral imaging market in agriculture.
The type segment is divided into reflectance imaging, emission imaging, and transmittance imaging. The reflectance imaging segment dominated the market, with a market share of around 42% in 2023. Reflectance imaging technique is based on using spectral reflectance data from plant surface and performing quantitative analysis of various characteristics. One of the strengths of reflectance imaging is that it is non-invasive, and, can therefore be used to inspect crops without harming them. Moreover, the application of reflectance imaging has gone through improved development hence becoming popular and affordable. Reflectance imaging systems are easy to use and flexible allowing farmers to modify them to suit the cropping system and field conditions.
The crop type segment is divided into cereals and grains, fruits and vegetables, oilseeds, and others. The cereals and grains segment dominated the market, with a market share of around 43% in 2023. The high importance of cereals and grains in food security and agricultural economies make them the dominant user of hyperspectral imaging (HSI). Staple crops like cereals are major food crops which are basic human foods needed to feed the increasing world population. The importance of these crops justifies the development of better methods of monitoring and controlling these crops hence making hyperspectral imaging important to the cereal and grain farming industries. Furthermore, the very size of cereal production, which may include extensive fields, speaks for the efficiencies of the monitoring systems in question. Since consumers worldwide are demanding more cereals and grains daily, strategies such as hyperspectral imaging will be crucial in meeting production needs. The continued significant production of cereals and grains in agriculture together with the effort to practice accurate farming makes hyperspectral imaging essential tool for effective and efficient crop management in this vital agriculture sector.
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global hyperspectral imaging in agriculture market based on below mentioned segments:
Global Hyperspectral Imaging in Agriculture Market by Component:
Global Hyperspectral Imaging in Agriculture Market by Application:
Global Hyperspectral Imaging in Agriculture Market by Platform:
Global Hyperspectral Imaging in Agriculture Market by Type:
Global Hyperspectral Imaging in Agriculture Market by Crop Type:
Global Hyperspectral Imaging in Agriculture Market by Region:
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