Global demand for infrared camera market was valued around USD 6 Billion in 2019 and is expected to surpass USD 9 Billion in 2025, growing at a rate of more than 7% between 2019 and 2025.
This report analyzes and estimates the infrared camera market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the infrared camera market drivers and restraints along with their impact analysis at a global level from 2015 to 2025.
The report covers an in-depth analysis of the strategies adopted by major competitors in the global infrared camera market. To understand the competitive landscape in the infrared camera market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.
The research study provides a decisive view on the global infrared camera market based on product, technology, wavelength, application, and region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025.
The SWIR category under wavelength segment witnesses a remarkable growth in the coming years owing to the extensive utilization of IR-based technology in the industrial vertical. SWIR cameras have a wide array of applications in spectroscopy, semiconductor analysis, surveillance, scientific research, moisture detection, and high-temperature thermography, among others. SWIR camera manufacturers are continuously investing and incorporating novel technologies to develop reasonably priced cameras.
The Asia Pacific infrared camera market is projected to escalate furiously in the coming years owing to the constant product development efforts and rising demand of the product by the regional developing economies such as India, Japan, and China.
The global infrared camera market is segmented based on product, technology, wavelength, application, and region. By product, the global market is bifurcated into handheld, fixed, and pan-tilt-zoom (PTZ). Based on technology, the market is categorized into cooled and uncooled. Wavelength-wise, the global market is divided into long-wave infrared (LWIR), mid-wave infrared (MWIR), short-wave infrared (SWIR), and near-infrared (NIR). By application, the infrared camera industry is classified into commercial, industrial, automotive, healthcare, BFSI, residential, government & defense, and others. The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
Some of the essential players flourishing the global infrared camera market, but not restricted to include SiOnyx LLC, Panasonic Corporation, OMEGA Engineering, Inc., Infrared Cameras Inc., Xenics Hangzhou Hikvision Digital Technology Co. Ltd., FLIR Systems, OPGAL OPTRONIC INDUSTRIES LTD., Testo AG, InfraTec GmbH, Raytheon Company, Axis Communications AB, Fujifilm Holdings Corporation, Leonardo DRS, Seek Therma, Honeywell International Inc., DIAS Infrared GmbH, Optris GmbH, Fluke Corporation, and Hanwha Techwin Co. Ltd.
The global infrared camera market is segmented as:
Global Infrared camera Market: Product Segmentation Analysis
Global Infrared camera Market: Technology Segmentation Analysis
Global Infrared camera Market: Wavelength Segmentation Analysis
Global Infrared camera Market: Application Segmentation Analysis
Global Infrared camera Market: Regional Segmentation Analysis