12-Feb-2021 | Zion Market Research
As per the analysts at Zion Market Research, the global high-speed camera market was valued at around USD 276 million in 2018 and is projected to attain a value of about $683.2 million by 2025, expanding at around 7.3% CAGR during the forecast period. The major players active in the global high-speed camera market consist of DEL Imaging, WEISSCAM GMBH, Olympus Corporation, NAC Image technology, iX Cameras, Mikrotron GmbH, Vision research Inc., Photron, Motion Capture Technologies, and Fastec Imaging. Approaches, like mergers & acquisitions, product portfolio expansion, geographical expansion, collaborations, and agreements, are implemented by these market players to improve their market presence and share. To cite, Vision Research joined forces with a digital high-speed specialist, Love High-speed, in September 2018, to lease its Phantom v2640 Onyx to the Middle Eastern and European users.
Rising Demand For Small And Lightweight High Speed Cameras Expected To Drive Global Market Growth
The global high-speed camera market is mainly propelled by the rising appeal for small and lightweight high-speed cameras. Furthermore, the escalating usage of high speed cameras in entertainment and media is also expected to drive the market growth during the forecast period. Additionally, the high-speed cameras are increasingly implemented in industrial manufacturing, thus propelling the market expansion. Also, the rise in requirement for high-speed cameras from the sports sector on account of its improved abilities like high resolution, image processing, and frame rate is expected to fuel market growth. Nevertheless, the high product cost is expected to hamper the market growth to some extent.
Asia Pacific Region Anticipated To Witness A Considerable Growth Rate During The Forecast Period
The global high-speed camera market is bifurcated based on frame rate, usage, throughput, resolution, application, spectrum, component, functionality, connectivity, and region. Regionally, the global high-speed camera market in expected to be dominated by Asia Pacific during the forecast period owing to the swiftly rising industrialization and transformation as manufacturing hubs, specifically India and China. Further, spending from all across the globe into the manufacturing sector of the region is mounting, which is generating an escalated need for more competent monitoring of the production line; further fueling the market growth in this region.
Browse the full “High-Speed Camera Market - By Frame Rate (>100,000, >20,000–100,000, >5,000–20,000, And 1,000–5,000), By Usage (Used, Rental, And New), By Throughput (>10,000 MPPS, >5,000 – 10,000 MPPS, >2,000 – 5,000 MPPS, And 0 – 2,000 MPPS), By Resolution (>5 MP, >2-5 MP, And <2 MP), By Spectrum (Visible RGB, X-Ray, And Infrared), By Component (Lens, Image Sensors, Batteries, Memory Systems, Fans & Cooling Systems, Image Processors, And Other Semiconductor Components), By Connectivity Technology (Wireless And Wired), By Application (Industrial Manufacturing, Automotive & Transportation, Consumer Electronics, Food & Beverages, Sports, Media & Entertainment, Military, Aerospace, Defense, Paper & Printing, Healthcare, Research, Design & Testing, And Others), By Functionality (Traditional Camera And AI-Based Camera), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/high-speed-camera-industry
The global high-speed camera market is segmented as follows:
By Frame Rate:
By Connectivity Technology:
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