Fusion of ALS and hyperspectral data can offer a powerful basis for the discrimination of tree species and enables an accurate prediction of species-specific attributes. In this study, the fused airborne laser scanning (ALS) data and hyperspectral images were used to model and predict the total and species-specific volumes based on three forest inventory approaches, namely the individual tree crown (ITC) approach, the semi-ITC approach, and the area-based approach (ABA). The performances of these inventory approaches were analyzed and compared at the plot level in a complex Alpine forest in Italy. For the ITC and semi-ITC approaches, an ITC delineation algorithm was applied. With the ITC approach, the species-specific volumes were predicted...