The global infrared imaging market is expected to reach a market size of USD 10,29 Billion at a steady CAGR of 7.3% in 2028, according to latest analysis by Emergen Research. Increasing demand for infrared imaging can be attributed to its growing use in security and surveillance. Infrared surveillance cameras find widespread application in law enforcement and military applications, and at large corporations to safeguard property and employees. Technological advancements and infrared security cameras getting more affordable is expected to result in increasing deployment in home security applications going ahead.
The latest market intelligence report, titled ‘Global Infrared Imaging Market ’, is intended to provide the target audience with the necessary information about the global Infrared Imaging Market industry. The report comprises a detailed analysis of the vital elements of the Infrared Imaging Market , including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Infrared Imaging Market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.
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Covid 19 analysis:
The current COVID-19 pandemic is expected to have an effect on the growth of the Infrared Imaging Market industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Infrared Imaging Market sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Infrared Imaging Market industry.
Key Highlights of Report
In September 2020, Xenics launched an innovative shutter-less uncooled low wavelength infrared core, Dione 640, for safety and security, industrial, and medical applications.
The cooled infrared camera is used to detect small differences in temperature for longer durations compared to uncooled infrared camera. Cooled infrared camera delivers enhanced details in the image and assists in identifying even the slightest thermal anomaly. Besides, a significant benefit of cooled infrared cameras is in performing spectral filtering to reveal details for measurement purposes that cannot be done with uncooled infrared cameras.
In the US, about 75.0% of pedestrian mortalities occur during nighttime. Infrared cameras play an instrumental role in detection and classification of pedestrians in darkness, even in the presence of fog or sun glare. These cameras provide improved situational awareness resulting in development of more reliable and safe advanced driver assistance systems and autonomous vehicles.
Key players in the market include :
Leonardo DRS, Xenics NV, Lynred, FLIR Systems, Axis Communications, Opgal Optronics Industries Ltd., Allied Vision Technologies GmbH, Sensors Unlimited, IRCameras LLC, and Fluke.
Summary of the key points of the report:
Company Profiles: This component of the report depicts the company profiles of the leading players participating in the Infrared Imaging Market industry. The market value & volume, production capacity, product portfolios, and other vital aspects of these players have been assessed in this report.
Report Overview: This section provides data and information pertaining to the key market manufacturers, their product offerings, historical and future timelines considered, and market scope. It further highlights the principal market segments, including product types, application gamut, end-user industries, and regional analysis.
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Emergen Research has segmented the global infrared imaging market on the basis of technology, wavelength, application, industry vertical, and region:
Technology Outlook (Revenue, USD Billion; 2021–2028)
Cooled Infrared Imaging
Uncooled Infrared Imaging
Wavelength Outlook (Revenue, USD Billion; 2021–2028)
Short Wave Infrared
Long wave Infrared
Application Outlook (Revenue, USD Billion; 2021–2028)
Security & Surveillance
Monitoring & Inspection
Industry Vertical Outlook (Revenue, USD Billion; 2021–2028)
Aerospace & Defense
Oil & Gas
Electronics & Semiconductor
Food & Beverage
Comprehensive Regional Analysis Covers the Following Regions:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Valuable Market Insights:
The report highlights the latest trends observed in the consumption pattern of each regional segment.
Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the Infrared Imaging Market .
The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
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Key questions addressed in the report:
What is the projected growth rate likely to be witnessed by each market region?
Which of the leading Infrared Imaging Market regions accounts for the maximum market share over the forecast years?
What sales estimates every region is expected to hold in the Infrared Imaging Market in the near future?
What is each regional segment’s current valuation?
What are the estimated remunerations of these regions over the forecast timeline?
Table of Content
Chapter 1. Methodology & Sources
Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Infrared Imaging Market Segmentation & Impact Analysis
4.1. Infrared Imaging Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
220.127.116.11. Growing demand for near infrared imaging in healthcare
18.104.22.168. High requirement of infrared imaging in security & surveillance
22.214.171.124. Increase in defense expenditure
126.96.36.199. Growing demand for infrared in industrial imaging
4.2.3. Market restraints analysis
188.8.131.52. Availability of substitutes
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Infrared Imaging Market By Technology Insights & Trends, Revenue (USD Billion)
5.1. Technology Dynamics & Market Share, 2020 & 2028
5.1.1. Cooled Infrared Imaging
5.1.2. Uncooled Infrared Imaging
Chapter 6. Infrared Imaging Market By Wavelength Insights & Trends Revenue (USD Billion)
6.1. Wavelength Dynamics & Market Share, 2020 & 2028
6.1.1. Near Infrared
6.1.2. Short Wave Infrared
6.1.3. Mid-wave Infrared
6.1.4. Long wave Infrared
Chapter 7. Infrared Imaging Market By Application Insights & Trends, Revenue (USD Billion)
7.1. Application Dynamics & Market Share, 2020 & 2028
7.1.1. Security & Surveillance
7.1.2. Monitoring & Inspection
Chapter 8. Infrared Imaging Market By Industry Vertical Insights & Trends, Revenue (USD Billion)
8.1. Industry Vertical Dynamics & Market Share, 2020 & 2028
8.1.2. Aerospace & Defense
8.1.3. Oil & Gas
8.1.4. Electronics & Semiconductor
8.1.5. Food & Beverage
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