U.S. Hyperspectral Imaging Systems Market 2030: Defense Drives the Spectral Surge
U.S. Hyperspectral Imaging Systems Market Trends The U.S. hyperspectral imaging systems market size was estimated at USD 4.25 billion in 2023 and is expected to grow at a CAGR of 11.0% from 2024 to 2030. Rising military expenditure, growing adoption of advanced technologies, and heavy investments in various fields, such as agriculture, aerospace, healthcare, and machine vision, are expected to fuel the market growth over the forecast period. Moreover, the presence of technologically advanced healthcare infrastructure, increasing healthcare expenditure, growing adoption of novel technologies, and the presence of several market players are expected to fuel the market growth in the region. In addition, increasing funding for R&D has boosted research activities in the region. The U.S. accounted for over 30.1% of the global hyperspectral imaging systems market in 2023. The increasing defense expenditure and the broad range of applications for hyperspectral imaging systems are key fac...