#Uncooled IR Imaging Market Growth
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The Future of Infrared Cameras: Market Insights and Growth
The infrared camera market is experiencing a significant boom as industries across the globe continue to recognize the vast potential of infrared (IR) technology. Infrared cameras, also known as thermal imaging cameras, are becoming indispensable tools for numerous sectors, including manufacturing, healthcare, security, automotive, and building inspections. This market growth is driven by the increasing demand for advanced thermal imaging solutions that enable businesses and professionals to detect heat patterns, monitor equipment performance, and ensure safety in a variety of applications.
Infrared Camera Market Overview
Infrared cameras capture infrared radiation emitted from objects, converting this heat data into visual images known as thermograms. These images are not only visually striking but also provide detailed thermal information that can be used for analysis and decision-making. The infrared camera market has witnessed impressive technological advancements in recent years, leading to higher-quality, more affordable, and versatile thermal imaging cameras.
Key Drivers of Infrared Camera Market Growth:
Increasing Industrial Applications: Industries such as manufacturing, energy, and construction use infrared cameras for predictive maintenance, identifying leaks, detecting overheating machinery, and improving energy efficiency. This contributes significantly to the demand in the infrared camera market.
Enhanced Safety and Security: Infrared cameras are widely used in security and surveillance, especially in low-light and no-light environments. Their ability to detect heat signatures enables law enforcement, border security, and defense personnel to monitor and identify threats in real time, driving the infrared camera market forward.
Rising Adoption in Healthcare: In the medical field, infrared thermography plays a vital role in diagnosing a variety of conditions, from detecting breast cancer to monitoring inflammation and tissue damage. The adoption of infrared cameras in healthcare is growing rapidly, further fueling the infrared camera market.
Technological Advancements: Innovations like higher resolution infrared sensors, miniaturization, wireless connectivity, and integration with AI and machine learning have made infrared cameras more efficient, compact, and user-friendly. These advancements continue to broaden the potential applications of infrared cameras, increasing their popularity in the market.
Global Infrared Camera Market to Reach USD 9.6 Billion by 2028
The global infrared camera market is estimated to be valued at USD 6.7 billion in 2023 and is projected to grow to USD 9.6 billion by 2028, reflecting a compound annual growth rate (CAGR) of 7.3% during the forecast period from 2023 to 2028.
One of the key drivers fueling the growth of the infrared camera market is the increasing adoption of infrared imaging products, particularly in security and surveillance applications.
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Infrared Camera Market Segmentation
The infrared camera market can be segmented based on technology, application, and region:
By Technology:
Uncooled Infrared Cameras: These are compact and affordable, making them suitable for a wide range of consumer applications such as building inspections and automotive diagnostics.
Cooled Infrared Cameras: These cameras offer higher sensitivity and are used in critical applications such as military surveillance and scientific research.
By Application:
Industrial and Manufacturing: Predictive maintenance, equipment monitoring, and quality control.
Healthcare: Non-invasive diagnosis, monitoring inflammation, and detecting anomalies in body temperature.
Security and Surveillance: Border security, night vision, and monitoring of critical infrastructure.
Automotive: Parking assistance, advanced driver-assistance systems (ADAS), and collision avoidance.
By Region:
North America: The largest share of the infrared camera market due to the strong presence of key players and a significant demand in industries such as aerospace, defense, and energy.
Europe: Growing adoption in industrial applications and healthcare, particularly in countries like Germany and the UK.
Asia Pacific: Rapid industrialization, particularly in China and India, is driving the infrared camera market in this region.
The Future of the Infrared Camera Market
The future of the infrared camera market looks incredibly promising, with new developments in thermal sensing technology set to propel further market growth. The integration of infrared cameras with smartphones, drones, and smart home devices is making them more accessible to both professionals and consumers alike. Additionally, the use of infrared technology in autonomous vehicles, disaster management, and environmental monitoring is expected to drive new opportunities within the market.
The increasing need for effective diagnostic tools, coupled with advancements in miniaturization and smart technologies, positions infrared cameras as an essential part of modern-day solutions. From enhanced safety in security to predictive maintenance in industries, infrared cameras are proving their worth in diverse sectors.
The infrared camera market is experiencing a transformative shift, with technology rapidly advancing and applications expanding across various industries. As the demand for more efficient, cost-effective, and multifunctional thermal imaging solutions increases, the market is set to reach new heights. Key factors driving this growth include enhanced industrial applications, improved safety features, the rising adoption of infrared technology in healthcare, and continuous technological innovations. The infrared camera market is undoubtedly a field to watch, offering vast opportunities for businesses and professionals worldwide.
With the continued evolution of infrared technology, it’s clear that infrared cameras are no longer a niche tool but a fundamental technology in diverse applications across the globe.
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Rapid Expansion Foreseen in Military Electro-Optics/Infrared (EO/IR) Systems Market
The Military Electro-Optics/Infrared (EO/IR) Systems Marketis poised for significant growth, with estimations indicating an expansion from USD 7.8 billion in 2023 to USD 9.5 billion by 2028, reflecting a commendable CAGR of 4.0% during the forecast period. This comprehensive report provides insights into market statistics, size, trends, and industry dynamics, offering valuable perspectives on the evolving landscape within military EO/IR systems.
Driving Factor: The increasing demand for EO/IR systems across diverse applications such as military and defense, surveillance and security, aerospace, and aviation serves as a pivotal driver for market growth. EO/IR systems play a crucial role in gathering information across the electromagnetic spectrum, enabling target acquisition, tracking, and identification, thereby bolstering their adoption in various sectors.
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Land Segment on the Rise: The land segment is anticipated to exhibit the highest CAGR during the forecast period, driven by the escalating need for advanced handheld systems for soldiers. Land-based EO/IR systems play a vital role in surveillance, reconnaissance, and targeting applications, catering to the requirements of military and law enforcement agencies.
Growing Demand for Handheld Systems: The handheld system segment is projected to witness the highest CAGR, fueled by ongoing research efforts aimed at developing compact and durable equipment for soldiers. Technological advancements are facilitating the integration of new features and functionalities into handheld EO/IR systems, enhancing their utility and effectiveness in diverse operational scenarios.
Rise of Uncooled Technology: The uncooled cooling technology segment is expected to experience the highest CAGR, driven by the increasing need for advanced handheld systems and modernization equipment for soldiers. Cooling technology plays a crucial role in maintaining sensor temperatures, thereby enhancing sensitivity, reducing noise, and improving overall image quality.
Hyperspectral Imaging on the Upswing: The hyperspectral imaging segment is poised for rapid growth, with EO/IR systems leveraging numerous spectral bands to capture unique spectral signatures of targets. This enables hyperspectral systems to distinguish between different materials or substances, catering to the evolving needs of defense and security applications.
Asia Pacific at the Forefront: The Asia Pacific region is projected to exhibit the highest CAGR during the forecast period, driven by significant investments in EO/IR technologies by countries such as China and India. These nations are emerging as major global players in the EO/IR domain, fostering innovation and development across the region.
Industry Leaders Spearheading Innovation: Northrop Grumman, Raytheon Technologies Corporation, L3Harris Technologies Inc., Lockheed Martin Corporation, and Thales Group stand as prominent players in the Military Electro-Optics/Infrared (EO/IR) Systems Market. These companies possess robust manufacturing facilities and extensive distribution networks, enabling them to cater to diverse regional markets across the globe.
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it underscores the critical role played by EO/IR technologies in enhancing defense capabilities and enabling comprehensive situational awareness. With advancements in platform integration, cooling technologies, and imaging capabilities, EO/IR systems are poised to revolutionize defense and security operations across various sectors. The report offers actionable insights for industry stakeholders, facilitating informed decision-making and strategic planning amidst evolving market dynamics. With sustained investments in research and development, coupled with strategic collaborations, the EO/IR systems market is poised for continued growth and innovation, driving advancements in defense and security technologies globally.
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Electro Optical Infrared EO/IR Systems Market to Witness Massive Growth By Forecast
The global electro-optical/infrared (EO/IR) systems market size is expected to reach USD 20.36 billion by 2026, exhibiting a CAGR of 5.84% during the forecast period. The growing necessity to improve target identification, assess threats, and monitoring in different weather conditions will spur opportunities for the market during the forecast period. The increasing application of EO/IR in fire control system, airborne homeland security, search and rescue, surveillance, and intelligence, surveillance, target acquisition, and reconnaissance (ISR) will boost the electro-optical/infrared (EO/IR) systems market trends, states Fortune Business Insights in a report, titled “Electro-Optical/Infrared (EO/IR) Systems Market Size, Share and Industry Analysis by Systems (Imaging System and Non-Imaging System), By Technology (Cooled and Uncooled), By Sensor Technology (Staring Sensor and Scanning Sensor), By Imaging Technology (Multispectral and Hyperspectral), By wavelength (Ultraviolet, Near Infrared, Short Wavelength Infrared, Medium Wavelength Infrared, and Long Wavelength Infrared), By Platform (Airborne, Land, and Marine/Naval), By End User (Commercial and Military), and Regional Forecast, 2019- 2026” the market size stood at USD 13.15 billion in 2018.
The Electro Optical Infrared (EO/IR) Systems Market has been experiencing significant growth in recent years. This can be attributed to the rising demand for surveillance and reconnaissance activities in various industries such as defense, aerospace, and homeland security. EO/IR systems are used for target detection, identification, and tracking in both day and night conditions. They offer several advantages over traditional imaging systems, including high-resolution images, accurate target recognition, and improved situational awareness. Additionally, the increasing investment by governments and defense organizations to modernize their military equipment has led to the adoption of advanced EO/IR systems. The market is expected to continue its growth trajectory in the coming years due to the increasing demand for EO/IR systems in commercial applications such as search and rescue, wildlife monitoring, and infrastructure inspection.
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Competitive Landscape:
Contract Bagged by Elbit Systems to Accelerate Market Potential
Elbit Systems Ltd., an Israel-based international defense electronics company announced that its subsidiary, Elbit Systems of America LLC received a contract by Raytheon Company, a manufacturer and leader in weapons and military electronics for the U.S. defense, to deliver the Two-Color Laser System (TCLS) for the Multi-Spectral Targeting System. The agreement between Elbit Systems of America LLC and Raytheon Company will promote the electro-optical/infrared (EO/IR) systems market revenue during the forecast owing to the Two-Color Laser System (TCLS) capabilities in airborne missions. For instance, TCLS is used in multiple military airborne platforms, including the next-generation targeting systems onboard unmanned aerial vehicles. Furthermore, President and CEO of Elbit Systems of America, Raanan Horowitz, said in a statement, “The Two-Color Laser System provides increased targeting accuracy and flexibility, minimizing the potential for collateral damage. These attributes are key to U.S. warfighters who depend on these systems for a successful mission.”
Nonetheless, the growing adoption of advanced sensors integrated systems for military applications will drive the electro-optical/infrared (EO/IR) systems market share in the foreseeable. The rising demand for unmanned vehicles for detection and surveillance will perpetually support the growth of market.
Regional Analysis:
Rising Emphasis on Border Security to Propel Market in Asia Pacific
The market in North America stood at USD 6.21 billion and is expected to grow rapidly in the forthcoming years owing to the presence of major players in the region. Asia Pacific is predicted to witness a high growth rate in the forthcoming years due to the rising military expenditure. The increasing border security will subsequently foster the growth of the market in the region. The increasing technological advancement in military electronics will facilitate growth in the region. The rising development and production of high-class military aircrafts and UAVs for military operations will favor healthy growth in Asia Pacific. The growing deals and agreements among players will consequently bode well for the market in Asia Pacific. For instance, Elbit Systems Ltd. announced that it was granteda deal of approximately $670 million contract to supply defense solutions to a country in Asia-Pacific. The contract will be performed over a 25-month period.
The Report Lists the Main Companies in the EOIR Systems Market:
Lockheed Martin Corporation
Raytheon Company Leonardo
S.p.A. Elbit Systems Ltd.
L-3Harris Technologies Inc.
BAE Systems PLC.
Thales Group
Northrop Grumman Corporation
General Dynamics
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The global uncooled IR imaging market is expected to grow at a notable pace in the upcoming years. The uncooled technology of IR imaging has the caliber to deliver crystal clear pictures even in darkness, fog, haze, and smoke. This has increased its installation rate in various applications such as surveillance (military, homeland security, and industrial), aerospace & defense, and firefighting for better resolution. Uncooled infrared image sensors are quite small, built with fewer moving parts, and available at affordable price as compared to the cooled technology- based IR image sensors. Various market determinants such as surge in the demand for IR imaging in almost all commercial applications, low cost of IR detectors, advantages of LWIR cameras with uncooled technology, availability of alternative technologies, and requirement of customized products have a huge impact on the uncooled IR imaging market.
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Cooled Infrared Imaging Market Estimated to Reach $3.24 Billion Mark by 2026
The global Cooled Infrared Imaging Market is estimated to surpass $3.24 billion mark by 2026 growing at an estimated CAGR of more than 6.6% during the forecast period 2021 to 2026. The Cooled IR imaging industry is going through a shift. For many years, this technology was restricted to military and defense, academia, and narrow niche markets. However, as of now, IR cameras have emerged as a new mainstream device for numerous applications such as security, firefighting, surveillance, and industrial imaging. New improved focal plane arrays (FPAs) have improved the target detection by providing better thermal discrimination. Besides, suitability to operate at longer wavelengths has enabled IR cameras in detection of cold targets at long distance. The advent and continuing penetration of newer technologies like MEMS-based uncooled detector, wafer-scale manufacturing, etc. is expected to completely eliminate cooling requirements or reduce the need for temperature stabilization. These technological advancements in the industry are promising reduction in production costs and schedules, thus promising to achieve mass-production during the forecast period. Being a highly elastic market, as the prices come down, the market would witness an upswing, thereby penetrating various application segments like automotive segment.
Cooled Infrared Imaging Market Segment Analysis - By Spectrum Range
As compared to other spectrum ranges, MWIR has a higher growth rate because of the day by day increasing demand and applications of mid-wave imaging technology defense such as surveillance, camouflage detection, night vision and long-range monitoring. SWIR has a fast growing market owing to its wide range of applications in sensors, checking defects in glass bottles, inspection of solar cells, food and fire-fighting, etc. The slower growth rate of FWIR is due to the less developed market if FWIR as compared to other spectrum ranges and also because of the equipment being expensive. SWIR cameras are gradually gaining demand in other industries apart from defense and have various applications such as food inspection, semiconductor inspection and night vision. FWIR thermal cameras are noted for many other applications in various domains. They are most suited to detect human beings and animals, who present high signal to noise ratio as that of ambient due to their high temperatures and can also be used for night vision, pedestrian detection, automotive and security purposes as well.
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Cooled Infrared Imaging Market Segment Analysis - By End Use Industry
Cooled thermal imaging cameras are the most profound type of cameras which has the capacity to gaze after small differences in variant temperature. They have the capacity to detect to the objects with the slightest difference in temperature. The cooled IR Imaging cameras proves to be more effective when the standoff ranges get out to 5km or greater. The price of the Thermal cameras has started decreasing in the past year. During the past twenty years, thermal camera cost has shown an intense price decrease from around $50,000 to $2000.The business segment primarily comprises of the security and surveillance, thermography, transportation part and different requisitions. The enhanced acknowledgement of integrated solutions for closed circuit TV Polaroids, transportation, and advanced smart phones, has fuelled the deals and interest for thermal imaging systems inside this sector that has eventually helped towards generating more revenues. The present market demands for cheaper handheld devices, where the companies are competing to introduce low-cost solutions which will widen the knowledge about these technologies and open doors for new applications. The difference in cost is driven by the lens, and the crossover point (currently around 350mm for typical systems) is changing in the rapidly emerging global IR optics market.
Cooled Infrared Imaging Market Segment Analysis - By Geography
North America leads the way per region in the global demand for Cooled Infrared Imaging because of the growing usage of IR Imaging technology in thermal scans of conveyor systems, couplings, insulation integrity, hydraulic systems, piping systems, process equipment air transport systems, HVAC heating and cooling coils, air compressors, leaking valves, steam traps, heating equipment and energy delivery systems. Also there are various technological advancements going on in North America and due to the growing demand, various developments are taking place in IR Imagers by the leading manufacturers of IR Imaging cameras in North America. But due to the already developed state of the market in North America, there is a small room for it to develop leading to the slower growth rate as compared to APAC and Europe.
Cooled Infrared Imaging Market Drivers
Development of Low Priced Products
Development of low-priced or low-cost systems is one of the major challenges of IR imaging market. These systems penetrate easily into the market, which in turn raises the demand for new apps due to their exceptional features like technological evolutions, outsourcing of work and increased knowledge. The market is also driven by increased demand for low-price infrared and thermal imaging systems which lay path for new applications. With increased focus on the size of the system and also its price, manufactures are more concerned about designing, integration and advancement of the system which results in rise in sales of the IR cameras. Growing competition is another driver of thermal IR imaging market, which is forcing manufacturers to increase their manufacturing efficiency and also resulting in demand for technological innovations in the field of optics, sensor size, pyro electrics, thermopiles and many others. This demand is expected to be key factors for continual reduction in cost of thermal imaging systems, along with increase in adoption of thermal imaging systems across various commercial markets.
Integration of Devices with Smartphones
The IR cameras are being increasingly integrated by the manufacturers with other complementary security solutions. The applications of such integrations are not just limited to high security government and military sites but also being actively adopted by oil and gas companies, pharmaceutical and marine industries. With increased penetration of information technology and mobile communications, there is a growing demand for integration of security systems with smart phones and other personal hand-held devices. Many defense organizations integrate the thermal imaging systems with radar to allow long-distance identification of any encroachments through radar and monitoring using thermal cameras. Similarly, many users prefer integration their traditional video surveillance cameras with thermal imagers to identify the targets as well as get a clear quality image of the person.
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Cooled Infrared Imaging Market Challenges
High Cost and Presence of Alternatives
Sterling coolers and Joule Thomson coolers are the important component of the camera which constitutes the major portion of the cost of Thermal camera. This can be substituted by the introduction of non-cooled focal plane arrays (FPA) based on Microbolometer and pyroelectric/ferroelectric technologies, which costs low and maintains ambient temperature. This would result in the production of efficient Thermal cameras with high resolution and better performance at limited visually conditions with lower cost. Hence it is needed by the company to reduce the manufacture cost of the product while keeping or improving the image quality. An industry must focus on to reduce the manufacture cost of the product not just the selling price. The increased price of the components in the manufacturing of thermal cameras acts as a constraint for the industries to make out profits.
Market Landscape
Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Cooled Infrared Imaging Market. FLIR, Sofradir, Xenics Infrared Solutions, DRS Technologies, IRCameras (Santa Barbara Infrared), L-3 Technologies, Cantronic Systems, Testo AG, Fluke and others are considered to be the key players of the Cooled Infrared Imaging Market.
Acquisitions/Technology Launches/Partnerships
Opgal’s new innovative high-resolution technology provides Thermal Vision System with fused multi-spectral capabilities that provides clear images in situations with severely reduced visibility. Its advanced technology allow three times finer visibility than the naked eye. It also have the unique design that combines thermal and short wave images which offers good image quality, facial recognition and target detection.
Key Takeaways
Long and Far wave IR have larger market compared to the other segments in this market. The reason for this is cooled IR systems are more effective both in functionality and cost for long distance detection and tracking.
Innovative and cost-effective HgCdTe arrays are being researched and developed by integrating HgCdTe on cheaper and readily available substrates such as silicon, gallium arsenide, etc.
New method for growing uniformly pure semiconductor layers on large substrate wafers are being developed to control the IR detection capabilities of the photodetectors. Some of the methods undergoing extensive research are molecular-beam epitaxy and metal-organic-chemical -vapor-deposition systems.
The use of thermal imaging in the automotive sector tends to increase rapidly because of the decrease in the cost and its efficient output. The four most important application of thermal imaging in the automotive sector is automatic incident detection (AID) in tunnels; bicycle detection; pedestrian crossing management and stop-bar detection
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InGaAs Camera Market Insights, Potential Business Strategies, Mergers and Acquisitions, Revenue Analysis - 2021– 2027
InGaAs cameras are made of indium, gallium, and arsenic. These cameras are applicable in the field of defense, military, aerospace, telecommunications, industrial inspection, and spectroscopy. InGaAs cameras can be used for many IR applications, such as laser beam measurement, IR reflectography, PV evaluation, and Si wafer inspection. InGaAs camera technology is also used in food sorting and waste recycling. InGaAs cameras are used to remove extraneous vegetable matter and foreign materials from fresh and frozen vegetables for food safety. These cameras find many applications in defense due to their performance features such as small, uncooled, lightweight design, high quality night vision, attached covert eye-safe lasers, target recognition, and sensitivity to nightglows.
Growing automation in industrial applications and constant technological advancements are some of the major factors propelling the growth of the InGaAs camera market globally. Adoption of automation is increasing rapidly to reduce errors and for decision making. Automated systems and robotics help companies to increase productivity and efficiency. Technological advancements such as smaller pixel sizes, larger image formats and better pixel yields, use of lowest noise imaging material, advanced digital array, high sensitivity, and compact size are driving the growth of the global InGaAs camera market. Increasing demand for InGaAs cameras in defense and military is also fueling the growth of the market as InGaAs cameras are used to detect the range of an object, target recognition at night, and imaging through dust, fog, haze or smoke. Light weight and small InGaAs cameras are used on airplanes and unmanned air vehicles (UAV’s) for surveillance missions. However, stringent import and export regulations on InGaAs cameras may hinder the growth of the global InGaAs camera market.
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The global InGaAs camera market can be segmented in terms of cooling technology, scanning type, applications, and geography. On the basis of cooling technology, the market can be segmented into cooled camera and uncooled camera. Uncooled camera segment is expected to expand rapidly over the forecast period as uncooled cameras are used in various sectors such as military and defense, aerospace, food inspection, industrial inspection, and telecommunications owing to growing automation. These cameras are available at low cost, thereby increasing their demand. Uncooled cameras are used in applications where accuracy is the prime concern. In terms of scanning technology, the global InGaAs camera market can be segmented into line scan camera and area scan camera. The line scan camera segment is anticipated to expand at a significant rate during the forecast period owing to the increasing use of line scan cameras in machine vision applications.
Growing requirement for capturing fast moving objects is propelling the demand for line scan cameras. These cameras are also used in various applications such as semiconductors, silicon luminescence detection, food and beverages, noncontact thermal imaging of hot objects, and silicon wafer inspection. On the basis of applications, the global InGaAs camera market can be segmented as military and defense, industrial automation, surveillance, safety and security scientific research and others. Geographically, the global InGaAs camera market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the market over the forecast period due to the presence of large number of InGaAs camera providers in the region. The market in Asia Pacific is expected to grow significantly owing to the higher industrial growth and economic developments.
The global InGaAs camera market is moderately consolidated by large number of participants. Some of the key players in the market include Hamamatsu, First Sensor, Luna, Lumentum, Laser Components, Jenoptik, Albis Optoelectronics Thorlabs, Sensors Unlimited, Teledyne Technologies, Fermionics Opto-Technology, FLIR Systems, Xenics, New Imaging Technologies, Raptor Photonics, Sofradir, Princeton Instruments, Episensors, Allied Vision Technologies, Photon, GPD Optoelectronics, IRCameras, QPHOTONICS, and AC Photonics.
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Infrared Sensor Market Leading Segment, Demand and Growth Analysis Over 2025
Market Synopsis
As per the analysis by Market Research Future Reports (MRFR), the global infrared sensor market is estimated to expand from USD 387.4 million in 2018 to USD 747 million by 2025 at a CAGR of 10% during the review period. The increasing need for automation equipment for constructing automation is propelling the expansion of the global infrared sensor market 2020. Due to the low requirement, infrared sensors have several applications such as PDAs, laptops, and telephones. Moreover, the development in wireless communication and the growing adoption of 5G technology is estimated to propel the market in the forthcoming period. Also, due to the increasing investment in the research and development for implementing infrared cameras in automobiles is estimated to increase the growth of the market. However, these sensors are generally affected by environmental circumstances such as pollution, rain, fog, and dust, which brings a negative impact on the expansion of the market.
An infrared sensor is electronic equipment that has possessed the ability to sense certain aspects of its surroundings. It has the ability to measure the heat of an object. Apart from this, it can also identify the motion by either emitting or identifying infrared radiation. Infrared sensors have applications majorly in night vision equipment, infrared tracking, infrared astronomy, and hyperspectral imaging and a few more.
Key Players
The forefront competitors in the Infrared Sensor Market are Honeywell International Inc. (US), Murata Manufacturing Co., Ltd (Japan), Sofradir (France), Raytheon Company (US), Teledyne Technologies (US), Texas Instruments Incorporated (US), Omron Corporation (Japan), Hamamatsu Photonics KK (Japan), Nippon Avionics (Japan), Nippon Ceramic Co. Ltd (Japan), Excelitas Technologies Corp. (US), Dali Technology (China), Omron Corporation (Japan), Qioptiq Ltd (UK), Pelco (US), Wuhan Guide Infrared Co., Ltd (China), L-3 Communications Holdings, Inc. (the US), Fluke Corporation (US), General Dynamics Corporation (US), FLIR Systems, Inc. (US), DRS Technologies, Inc. (US), E.D. Bullard Company (US), Axis Communications AB (Sweden), and Bosch Security Systems (US).
Regional Analysis
The regional analysis has been performed for Europe, North America, Asia-Pacific, the Middle East, and Africa and Central and South America.
As per the regional analysis, the infrared sensor market is flourishing at the fastest pace in the APAC region. The Asia Pacific region is leading the market due to the rising adoption of the Internet of Things (IoT), smart building projects, and increasing smart home. Additionally, the increasing choice od consumers toward better energy management is affecting the growth of the infrared sensor market.
The North American market is estimated to the fastest expanding regional market during the review period due to the rising adoption of autonomous electric automobiles and autonomous cars.
The market in the Middle East and Africa is estimated to exhibit considerable expansion during the review period.
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Market Segmentation
The global infrared sensor market has been segregated on the basis of working mechanism, detection, type, spectrum range, end-user, and region.
On the basis of the working mechanism, the market has been divided into passive and active.
On the basis of detection, the market has been segmented into cooled infrared sensors and uncooled infrared sensors.
On the basis of type, the market has been segmented into quantum infrared sensors, and thermal infrared sensors.
On the basis of the spectrum range, the market has been segmented into long-wave (LWIR), mid-wave IR (MWIR) and short-wave IR (SWIR).
On the basis of end-user, the market has been classified into oil and gas, healthcare, aerospace and defense, manufacturing, automotive, commercial, and others.
On the basis of region, the market has been segmented into North America, Asia-Pacific, Europe, the Middle East, and Africa and Central and South America.
Table of Content:
3 Research Methodology
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Intensity Of Rivalry
4.1.5 Bargaining Power Of Suppliers
4.2 Value Chain/Supply Chain Of The Global Infrared Sensor Market
5 Market Landscape
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Restraints
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
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EO/IR Systems Market Size Report 2021, Recent Trends, Share, and Growth forecast to 2028
The global electro-optical/infrared (EO/IR) systems market size is expected to reach USD 20.36 billion by 2026, exhibiting a CAGR of 5.84% during the forecast period. The growing necessity to improve target identification, assess threats, and monitoring in different weather conditions will spur opportunities for the market during the forecast period. The increasing application of EO/IR in fire control system, airborne homeland security, search and rescue, surveillance, and intelligence, surveillance, target acquisition, and reconnaissance (ISR) will boost the electro-optical/infrared (EO/IR) systems market trends, states Fortune Business Insights in a report, titled “Electro-Optical/Infrared (EO/IR) Systems Market Size, Share and Industry Analysis by Systems (Imaging System and Non-Imaging System), By Technology (Cooled and Uncooled), By Sensor Technology (Staring Sensor and Scanning Sensor), By Imaging Technology (Multispectral and Hyperspectral), By wavelength (Ultraviolet, Near Infrared, Short Wavelength Infrared, Medium Wavelength Infrared, and Long Wavelength Infrared), By Platform (Airborne, Land, and Marine/Naval), By End User (Commercial and Military), and Regional Forecast, 2019- 2026” the market size stood at USD 13.15 billion in 2018.
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this Market.
Please visit: https://www.fortunebusinessinsights.com/electro-optical-infrared-eo-ir-systems-market-102742
Competitive Landscape:
Contract Bagged by Elbit Systems to Accelerate Market Potential
Elbit Systems Ltd., an Israel-based international defense electronics company announced that its subsidiary, Elbit Systems of America LLC received a contract by Raytheon Company, a manufacturer and leader in weapons and military electronics for the U.S. defense, to deliver the Two-Color Laser System (TCLS) for the Multi-Spectral Targeting System. The agreement between Elbit Systems of America LLC and Raytheon Company will promote the electro-optical/infrared (EO/IR) systems market revenue during the forecast owing to the Two-Color Laser System (TCLS) capabilities in airborne missions. For instance, TCLS is used in multiple military airborne platforms, including the next-generation targeting systems onboard unmanned aerial vehicles. Furthermore, President and CEO of Elbit Systems of America, Raanan Horowitz, said in a statement, “The Two-Color Laser System provides increased targeting accuracy and flexibility, minimizing the potential for collateral damage. These attributes are key to U.S. warfighters who depend on these systems for a successful mission.”
Nonetheless, the growing adoption of advanced sensors integrated systems for military applications will drive the electro-optical/infrared (EO/IR) systems market share in the foreseeable. The rising demand for unmanned vehicles for detection and surveillance will perpetually support the growth of market.
Regional Analysis:
Rising Emphasis on Border Security to Propel Market in Asia Pacific
The market in North America stood at USD 6.21 billion and is expected to grow rapidly in the forthcoming years owing to the presence of major players in the region. Asia Pacific is predicted to witness a high growth rate in the forthcoming years due to the rising military expenditure. The increasing border security will subsequently foster the growth of the market in the region. The increasing technological advancement in military electronics will facilitate growth in the region. The rising development and production of high-class military aircrafts and UAVs for military operations will favor healthy growth in Asia Pacific. The growing deals and agreements among players will consequently bode well for the market in Asia Pacific. For instance, Elbit Systems Ltd. announced that it was granted a deal of approximately $670 million contract to supply defense solutions to a country in Asia-Pacific. The contract will be performed over a 25-month period.
The Report Lists the Main Companies in the EOIR Systems Market:
· Lockheed Martin Corporation
· Raytheon Company
· Leonardo S.p.A.
· Elbit Systems Ltd.
· L-3Harris Technologies Inc.
· BAE Systems PLC.
· Thales Group
· Northrop Grumman Corporation
· General Dynamics
· UTC Aerospace
· Rheinmetall AG
· Saab Group
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Thermal camera market Projected to Grow by 2027
Industry Insight
The spread of coronavirus has impacted the global thermal camera market 2020, but in the latest study of Market Research Future reveals that the global market would expand at a pace of 10.8% (growth rate) and wouls strick a valuation of USD 13.78 Billion by 2025. With this, the market might create new ventures and opportunities, which can be predicted until the year-end of 2018-2025.
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Top Impacting Factors
The global market for the thermal camera is witnessing high valuation owing to the factor of high demand in the entire commercial as well as the residential sector. Mass production of the thermal camera has led to the availability of cost-effective cameras. A surge in demand in a diverse range of application areas is the prime factor expected to motivate the thermal imaging systems market over the forecast period.
On the same note, technology innovation has also led to a higher development of microbolometers, which is expected to bring in more and more growth opportunities over the forecast period. Also, the development mentioned above has resulted in amplified commercialization of thermal imagers, thus anticipated to spur the demand.
Furthermore, the mounting demand in security and surveillance applications across private and public environments is also in line to motive thermal camera market growth. Also, rapid urbanization has mostly imposed high demand for additional advanced security solutions through these cameras. All these instances are to impact thermal camera market growth over the forecast period positively.
MRFR, in its study, has also mentioned that the rising demand for thermal cameras in the military and automotive sector is likely to compel the thermal imaging market over the coming years. The growing reputation of Unmanned Aerial Vehicles (UAVs) equipped with highly advanced video cameras in military & civilian operations is being witnessed as the technology aids in aircraft to fly in the darkness. This also helps in detecting the target through clouds and smoke. To add in this, the reduction in the standard selling price of these cameras and the integration of camera modules with Smartphones are also highly anticipating the industry to see high-end growth following the forecast period.
In the case of point, the development of ruggedized thermal imaging Smartphones, such as the Caterpillar Cat S61, allowed novices to use the device for its touch screen operability easily.
Segmentation of Market: Thermal Camera
The global thermal camera market is being segmented based on type, mobility, and application.
Among the type segment, the market has included a cooled IR detector and uncooled IR detector.
Among the mobility segment, the market has included handheld fixed/mounted.
Among the application segment, the market has included fault detection, building inspection, medical, law enforcement, astronomy, industrial process, meteorology, and others.
Regional Framework
Region-wise, the thermal camera market has been studied among the regions of North America, Europe, Asia-Pacific, and the rest of the world.
On account of the high demand for thermal cameras across several law enforcement activities, the North America thermal camera market is likely to materialize as the leading region. Also, the growth in both industrial and commercial sectors is likely to motivate the product demand over the estimated period. In fact, the growing defense expenditure by the U.S. government has driven the regional thermal imaging market growth. As claimed by the Stockholm International Peace Research Institute (SIPRI), the U.S. held the first position in military spending with a surge of 1.7% worldwide. The ongoing soldier modernization programs and a swell in the military expenditure to improve the scope for vision and weapon sights are positively impacting the market growth.
The escalating demand in surveillance and security applications is also anticipated to fuel the demand in the European region. The Asia-Pacific region is also in line to witness growth owing to the rising defense budget.
Top Market Players
Fluke Corporation, FLIR Systems Inc, InfraTec GmbH, Seek Thermal, Opgal Optronic Industries Ltd, Axis Communications AB, PCE Instruments, Jenoptik AG, LumaSense Technologies Inc, Mobotix AG, Optris GmbH, Spectric Plc, Ulirvision Technology Co Ltd, DIAS Infrared GmbH, Micro-Epsilon, HikVision Digital Technology Co, and 3M Scott are the top sorted market players contributing significantly to market growth.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Inertial Measurement Unit Market Size, 2021 Industry Share and Global Demand | 2027 Forecast by Fortune Business Insights™
The global electro-optical/infrared (EO/IR) systems market size is expected to reach USD 20.36 billion by 2026, exhibiting a CAGR of 5.84% during the forecast period. The growing necessity to improve target identification, assess threats, and monitoring in different weather conditions will spur opportunities for the market during the forecast period. The increasing application of EO/IR in fire control system, airborne homeland security, search and rescue, surveillance, and intelligence, surveillance, target acquisition, and reconnaissance (ISR) will boost the electro-optical/infrared (EO/IR) systems market trends, states Fortune Business Insights in a report, titled “Electro-Optical/Infrared (EO/IR) Systems Market Size, Share and Industry Analysis, By Systems (Imaging System and Non-Imaging System), By Technology (Cooled and Uncooled), By Sensor Technology (Staring Sensor and Scanning Sensor), By Imaging Technology (Multispectral and Hyperspectral), By wavelength (Ultraviolet, Near Infrared, Short Wavelength Infrared, Medium Wavelength Infrared, and Long Wavelength Infrared), By Platform (Airborne, Land, and Marine/Naval), By End User (Commercial and Military), and Regional Forecast, 2019- 2026” the market size stood at USD 13.15 billion in 2018.
Competitive Landscape:
Contract Bagged by Elbit Systems to Accelerate Market Potential
Elbit Systems Ltd., an Israel-based international defense electronics company announced that its subsidiary, Elbit Systems of America LLC received a contract by Raytheon Company, a manufacturer and leader in weapons and military electronics for the U.S. defense, to deliver the Two-Color Laser System (TCLS) for the Multi-Spectral Targeting System. The agreement between Elbit Systems of America LLC and Raytheon Company will promote the electro-optical/infrared (EO/IR) systems market revenue during the forecast owing to the Two-Color Laser System (TCLS) capabilities in airborne missions.
For instance, TCLS is used in multiple military airborne platforms, including the next-generation targeting systems onboard unmanned aerial vehicles. Furthermore, President and CEO of Elbit Systems of America, Raanan Horowitz, said in a statement, “The Two-Color Laser System provides increased targeting accuracy and flexibility, minimizing the potential for collateral damage. These attributes are key to U.S. warfighters who depend on these systems for a successful mission.”
Nonetheless, the growing adoption of advanced sensors integrated systems for military applications will drive the electro-optical/infrared (EO/IR) systems market share in the foreseeable. The rising demand for unmanned vehicles for detection and surveillance will perpetually support the growth of market.
Browse Detailed Research Insights with Table of Content: https://www.fortunebusinessinsights.com/electro-optical-infrared-eo-ir-systems-market-102742
List of Electro-Optical/Infrared (EO/IR) Systems Market Manufacturers include:
Lockheed Martin Corporation
Raytheon Company
Leonardo S.p.A.
Elbit Systems Ltd.
L-3Harris Technologies Inc.
BAE Systems PLC.
Thales Group
Northrop Grumman Corporation
General Dynamics
UTC Aerospace
Rheinmetall AG
Saab Group
Regional Analysis:
Rising Emphasis on Border Security to Propel Market in Asia Pacific
The market in North America stood at USD 6.21 billion and is expected to grow rapidly in the forthcoming years owing to the presence of major players in the region. Asia Pacific is predicted to witness a high growth rate in the forthcoming years due to the rising military expenditure. The increasing border security will subsequently foster the growth of the market in the region. The increasing technological advancement in military electronics will facilitate growth in the region. The rising development and production of high-class military aircrafts and UAVs for military operations will favor healthy growth in Asia Pacific.
The growing deals and agreements among players will consequently bode well for the market in Asia Pacific. For instance, Elbit Systems Ltd. announced that it was granted a deal of approximately $670 million contract to supply defense solutions to a country in Asia-Pacific. The contract will be performed over 25 months.
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Electro-Optical/Infrared Systems Market to Witness Notable Growth by Forecast Period
The global electro-optical/infrared (EO/IR) systems market size is expected to reach USD 20.36 billion by 2026, exhibiting a CAGR of 5.84% during the forecast period. The growing necessity to improve target identification, assess threats, and monitoring in different weather conditions will spur opportunities for the market during the forecast period. The increasing application of EO/IR in fire control system, airborne homeland security, search and rescue, surveillance, and intelligence, surveillance, target acquisition, and reconnaissance (ISR) will boost the electro-optical/infrared (EO/IR) systems market trends, states Fortune Business Insights in a report, titled “Electro-Optical/Infrared (EO/IR) Systems Market Size, Share and Industry Analysis by Systems (Imaging System and Non-Imaging System), By Technology (Cooled and Uncooled), By Sensor Technology (Staring Sensor and Scanning Sensor), By Imaging Technology (Multispectral and Hyperspectral), By wavelength (Ultraviolet, Near Infrared, Short Wavelength Infrared, Medium Wavelength Infrared, and Long Wavelength Infrared), By Platform (Airborne, Land, and Marine/Naval), By End User (Commercial and Military), and Regional Forecast, 2019- 2026” the market size stood at USD 13.15 billion in 2018.
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Browse Summary Of This Research Report:
Competitive Landscape:
Contract Bagged by Elbit Systems to Accelerate Market Potential
Elbit Systems Ltd., an Israel-based international defense electronics company announced that its subsidiary, Elbit Systems of America LLC received a contract by Raytheon Company, a manufacturer and leader in weapons and military electronics for the U.S. defense, to deliver the Two-Color Laser System (TCLS) for the Multi-Spectral Targeting System. The agreement between Elbit Systems of America LLC and Raytheon Company will promote the electro-optical/infrared (EO/IR) systems market revenue during the forecast owing to the Two-Color Laser System (TCLS) capabilities in airborne missions. For instance, TCLS is used in multiple military airborne platforms, including the next-generation targeting systems onboard unmanned aerial vehicles. Furthermore, President and CEO of Elbit Systems of America, Raanan Horowitz, said in a statement, “The Two-Color Laser System provides increased targeting accuracy and flexibility, minimizing the potential for collateral damage. These attributes are key to U.S. warfighters who depend on these systems for a successful mission.”
Nonetheless, the growing adoption of advanced sensors integrated systems for military applications will drive the electro-optical/infrared (EO/IR) systems market share in the foreseeable. The rising demand for unmanned vehicles for detection and surveillance will perpetually support the growth of market.
Key Industry Players:
Lockheed Martin Corporation
Raytheon Company
Leonardo S.p.A.
Elbit Systems Ltd.
L-3Harris Technologies Inc.
BAE Systems PLC.
Thales Group
Northrop Grumman Corporation
General Dynamics
UTC Aerospace
Rheinmetall AG
Saab Group
Regional Analysis:
Rising Emphasis on Border Security to Propel Market in Asia Pacific
The market in North America stood at USD 6.21 billion and is expected to grow rapidly in the forthcoming years owing to the presence of major players in the region. Asia Pacific is predicted to witness a high growth rate in the forthcoming years due to the rising military expenditure. The increasing border security will subsequently foster the growth of the market in the region. The increasing technological advancement in military electronics will facilitate growth in the region. The rising development and production of high-class military aircrafts and UAVs for military operations will favor healthy growth in Asia Pacific. The growing deals and agreements among players will consequently bode well for the market in Asia Pacific. For instance, Elbit Systems Ltd. announced that it was granteda deal of approximately $670 million contract to supply defense solutions to a country in Asia-Pacific. The contract will be performed over a 25-month period.
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Thermal Camera Market 2021 Analysis, Growth, Opportunities, Production and Forecast to 2025
Market Research Future published a research report on “Thermal Camera Market Research Report- Forecast till 2025” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2025.
Thermal Camera Market – Overview
The spread of coronavirus has impacted the global thermal camera market 2020, but in the latest study of Market Research Future reveals that the global market would expand at a pace of 10.8% (growth rate) and wouls strick a valuation of USD 13.78 Billion by 2025. With this, the market might create new ventures and opportunities, which can be predicted until the year-end of 2018-2025.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/8710
Top Impacting Factors
The global market for the thermal camera is witnessing high valuation owing to the factor of high demand in the entire commercial as well as the residential sector. Mass production of the thermal camera has led to the availability of cost-effective cameras. A surge in demand in a diverse range of application areas is the prime factor expected to motivate the thermal imaging systems market over the forecast period.
On the same note, technology innovation has also led to a higher development of microbolometers, which is expected to bring in more and more growth opportunities over the forecast period. Also, the development mentioned above has resulted in amplified commercialization of thermal imagers, thus anticipated to spur the demand.
Furthermore, the mounting demand in security and surveillance applications across private and public environments is also in line to motive thermal camera market growth. Also, rapid urbanization has mostly imposed high demand for additional advanced security solutions through these cameras. All these instances are to impact Thermal Camera Market growth over the forecast period positively.
MRFR, in its study, has also mentioned that the rising demand for thermal cameras in the military and automotive sector is likely to compel the thermal imaging market over the coming years. The growing reputation of Unmanned Aerial Vehicles (UAVs) equipped with highly advanced video cameras in military & civilian operations is being witnessed as the technology aids in aircraft to fly in the darkness. This also helps in detecting the target through clouds and smoke. To add in this, the reduction in the standard selling price of these cameras and the integration of camera modules with Smartphones are also highly anticipating the industry to see high-end growth following the forecast period.
In the case of point, the development of ruggedized thermal imaging Smartphones, such as the Caterpillar Cat S61, allowed novices to use the device for its touch screen operability easily.
Key Players:
Fluke Corporation, FLIR Systems Inc, InfraTec GmbH, Seek Thermal, Opgal Optronic Industries Ltd, Axis Communications AB, PCE Instruments, Jenoptik AG, LumaSense Technologies Inc, Mobotix AG, Optris GmbH, Spectric Plc, Ulirvision Technology Co Ltd, DIAS Infrared GmbH, Micro-Epsilon, HikVision Digital Technology Co, and 3M Scott are the top sorted market players contributing significantly to market growth.
Thermal Cameras Marketing: Segmental Analysis
The global thermal camera market is being segmented based on type, mobility, and application.
Among the type segment, the market has included a cooled IR detector and uncooled IR detector.
Among the mobility segment, the market has included handheld fixed/mounted.
Among the application segment, the market has included fault detection, building inspection, medical, law enforcement, astronomy, industrial process, meteorology, and others.
Global Thermal Cameras Market: Regional Outlook
Region-wise, the thermal camera market has been studied among the regions of North America, Europe, Asia-Pacific, and the rest of the world.
On account of the high demand for thermal cameras across several law enforcement activities, the North America thermal camera market is likely to materialize as the leading region. Also, the growth in both industrial and commercial sectors is likely to motivate the product demand over the estimated period. In fact, the growing defense expenditure by the U.S. government has driven the regional thermal imaging market growth. As claimed by the Stockholm International Peace Research Institute (SIPRI), the U.S. held the first position in military spending with a surge of 1.7% worldwide. The ongoing soldier modernization programs and a swell in the military expenditure to improve the scope for vision and weapon sights are positively impacting the market growth.
The escalating demand in surveillance and security applications is also anticipated to fuel the demand in the European region. The Asia-Pacific region is also in line to witness growth owing to the rising defense budget.
Get Complete Report @ https://www.marketresearchfuture.com/reports/thermal-camera-market-8710
Table Of Contents
Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Thermal Camera Market, By Type
1.1.2. Global Thermal Camera Market, By Mobility
1.1.3. Global Thermal Camera Market, By Application
1.1.4. Global Thermal Camera Market, By Region
Market Introduction
2.1. Definition
2.2. Scope Of The Study
2.3. Market Structure
Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List Of Assumptions
Continued…
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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]
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Uncooled IR Imaging Market Global Demand and Outlook 2020 to 2026
All-inclusive Global Uncooled IR Imaging Market by Product Type, Market Share, Players and Regions-Forecast by 2026 is a recently published research report which offers the majority of the latest and newest industry data covering the overall market situation along with future prospects for Uncooled IR Imaging market. The report covers aspects of the market along with an in-detailed analysis of growth elements, trends, size, demand, and distribution. The report encompasses a detailed analysis of this industry with respect to certain parameters such as the production capacity as well as the overall market remuneration. The past and current values are evaluated to predict future market directions between the forecast period 2020 to 2026.
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The report estimates the vital market features that comprise of revenue (USD), Price (USD), capacity utilization rate, production, gross, production rate, consumption, import-export, supply-demand analysis, cost, market share, margin of profit , and market CAGR value. The Uncooled IR Imaging market study is segmented by key regions along with country-level break-up and by product type, application/end-users. Industry development trends and marketing channels are also assessed. The analysis report further covers upstream raw materials, equipment, downstream client survey, marketing channels.
Uncooled IR Imaging market competition by top manufacturers/ Key player Profiled:
Xenics , Cantronic Systems , BAE Systems , FLIR Systems , DS Photonics , Teledyne DALSA , Fraunhofer IMS , Irvine Sensors , Rochester Precision Optics , Zhejiang ULIRVISION Technology
Uncooled IR Imaging Market Segment by Type covers:
Fixed , Portable
Applications are divided into:
Consumer Electronics , Surveillance , Automotive , Aerospace & Defense , Industrial
An All-Inclusive Portfolio of The Geographical Area:
The research report thoroughly segments the geographical landscape of this industry. The market has established its appearance across distinct regions such as USA, Europe, Japan, China, India, South East Asia. Moreover, insights relating to the industry share, data regarding growth opportunities for the Uncooled IR Imaging market across every comprehensive region is provided within the report. The projected growth rate recorded by each region over the forecast years has been precisely mentioned within the research report.
Furthermore, this study will help our clients solve the following issues:
Cyclical Dynamics- We foresee dynamics of industries by using core analytical and unconventional market research approaches. Our clients use insights provided by us to maneuver themselves through market uncertainties and disruptions.
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This study will address a number of the foremost critical questions which are listed below:
What is the market size of the Uncooled IR Imaging market at the global level?
Which mode of distribution channel is most preferred by the manufacturers of Uncooled IR Imaging?
Which is the preferred age group for targeting Uncooled IR Imaging for manufacturers?
What the key factors driving, inhibiting the growth of the market, and what is the degree of impact of the drivers and restraints?
What is the impact of the regulations on the growth of the Uncooled IR Imaging market?
Which is the leading region/country for the growth of the market? What is the anticipated growth rate of the leading regions during the forecast period?
How are the emerging markets for Uncooled IR Imaging expected to perform in the coming years? How is that the consumption pattern expected to evolve within the future?
Who are the major players operating in the global Uncooled IR Imaging market? What is the current market position of the key players? Who are the emerging players in this industry?
Who are the major distributors, traders, and dealers operating in the Uncooled IR Imaging market?
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InGaAs Camera Market 2019-2027: Economic Performance Evaluation, Business Competition & CAGR | TMR
InGaAs cameras are made of indium, gallium, and arsenic. These cameras are applicable in the field of defense, military, aerospace, telecommunications, industrial inspection, and spectroscopy. InGaAs cameras can be used for many IR applications, such as laser beam measurement, IR reflectography, PV evaluation, and Si wafer inspection. InGaAs camera technology is also used in food sorting and waste recycling. InGaAs cameras are used to remove extraneous vegetable matter and foreign materials from fresh and frozen vegetables for food safety. These cameras find many applications in defense due to their performance features such as small, uncooled, lightweight design, high quality night vision, attached covert eye-safe lasers, target recognition, and sensitivity to nightglows.
Growing automation in industrial applications and constant technological advancements are some of the major factors propelling the growth of the InGaAs camera market globally. Adoption of automation is increasing rapidly to reduce errors and for decision making. Automated systems and robotics help companies to increase productivity and efficiency. Technological advancements such as smaller pixel sizes, larger image formats and better pixel yields, use of lowest noise imaging material, advanced digital array, high sensitivity, and compact size are driving the growth of the global InGaAs camera market. Increasing demand for InGaAs cameras in defense and military is also fueling the growth of the market as InGaAs cameras are used to detect the range of an object, target recognition at night, and imaging through dust, fog, haze or smoke. Light weight and small InGaAs cameras are used on airplanes and unmanned air vehicles (UAV’s) for surveillance missions. However, stringent import and export regulations on InGaAs cameras may hinder the growth of the global InGaAs camera market.
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The global InGaAs camera market can be segmented in terms of cooling technology, scanning type, applications, and geography. On the basis of cooling technology, the market can be segmented into cooled camera and uncooled camera. Uncooled camera segment is expected to expand rapidly over the forecast period as uncooled cameras are used in various sectors such as military and defense, aerospace, food inspection, industrial inspection, and telecommunications owing to growing automation. These cameras are available at low cost, thereby increasing their demand. Uncooled cameras are used in applications where accuracy is the prime concern. In terms of scanning technology, the global InGaAs camera market can be segmented into line scan camera and area scan camera. The line scan camera segment is anticipated to expand at a significant rate during the forecast period owing to the increasing use of line scan cameras in machine vision applications. Growing requirement for capturing fast moving objects is propelling the demand for line scan cameras. These cameras are also used in various applications such as semiconductors, silicon luminescence detection, food and beverages, noncontact thermal imaging of hot objects, and silicon wafer inspection. On the basis of applications, the global InGaAs camera market can be segmented as military and defense, industrial automation, surveillance, safety and security scientific research and others. Geographically, the global InGaAs camera market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the market over the forecast period due to the presence of large number of InGaAs camera providers in the region. The market in Asia Pacific is expected to grow significantly owing to the higher industrial growth and economic developments.
The global InGaAs camera market is moderately consolidated by large number of participants. Some of the key players in the market include Hamamatsu, First Sensor, Luna, Lumentum, Laser Components, Jenoptik, Albis Optoelectronics Thorlabs, Sensors Unlimited, Teledyne Technologies, Fermionics Opto-Technology, FLIR Systems, Xenics, New Imaging Technologies, Raptor Photonics, Sofradir, Princeton Instruments, Episensors, Allied Vision Technologies, Photon, GPD Optoelectronics, IRCameras, QPHOTONICS, and AC Photonics.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhocreports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
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