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The market growth is primarily driven by increasing adoption of precision farming technologies, rising global food demand, and government initiatives supporting smart agriculture. However, high equipment costs and technical complexity pose challenges for widespread adoption. Recent developments include the integration of HSI with AI for real-time crop analysis and the emergence of compact, drone-mounted hyperspectral sensors. Key players such as Headwall Photonics and Specim are investing in product innovations to expand market reach.
The global Agriscience Hyperspectral Imaging (HSI) market was valued at USD 15 million in 2024. The market is projected to grow from USD 18.3 million in 2025 to USD 47.9 million by 2032, exhibiting a CAGR of 18.5% during the forecast period.
CAGR of 18.5%
(2024 – 2032)
Agricultural Robots/Agricultural Vehicles/Handheld
Drone-based Imaging Systems
• Visible Light + Near Infrared (VNIR)
• Short Wave Infrared (SWIR)
• Headwall Photonics (U.S.)
• Resonon (U.S.)
• Surface Optics Corporation (U.S.)
• Specim (Finland)
• Cubert GmbH (Germany)
• IMEC (Belgium)
• ITRES (Canada)
• Norsk Elektro Optikk A/S (Norway)