Infrared Camera Market: was valued at US$ 6.48 Bn. in 2020 and expected to grow at a CAGR of 7.98 % during the forecast period (2022-2029). Thanks to the growing trend of fixed segment use have boosted demand for Global Infrared Camera Market.
Infrared Camera Market Overview:
Maximize Market Research’s new report, Global Infrared Camera Market 2022-2029, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2022-2029). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Infrared Camera market.
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Market Scope:
The research provides an analytical view of the business by studying several elements such as worldwide Infrared Camera market growth, consumption volume, market trends, and company pricing structures throughout the projected period. The analysis includes extensive research to explore the market’s complexities. The research provides an overview of the worldwide Infrared Camera market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. This market has been examined in several areas based on productivity and manufacturing base.
Segmentation:
by Product
• Fixed
• Handheld
• Pan-Tilt-Zooms
The market for infrared cameras is divided into three product categories: fixed, handheld, and pan-tilt-zoom. With a 48% share in 2020, the fixed segment dominated the world market. The manufacturing and security industries are increasingly using fixed cameras, which is fueling market expansion. The industries can increase product quality and manufacturing efficiency because to the fixed segment’s extremely high precision. Due to their ability to provide alert systems during fires, catastrophic failures, and similar industrial risks, fixed camera segments are significantly contributing to worker safety. The market for fixed infrared cameras is experiencing tremendous demand due to its growing use in airport security, traffic management, and the military to identify things at night.
by Technology
• Cooled
• Uncooled
The Infrared Camera market is divided into Cooled and Uncooled submarkets based on Technology. At US$ 3.9 billion in 2020, the uncooled segment commanded the largest share of the global market. This uncooled portion is more affordable and operates without the need for cryogenic cooling. High levels of sensitivity and contrast as well as greater use in humid conditions provide the worldwide market an advantage. The uncooled portion is frequently employed in military and surveillance applications because of its small size. Fast thermal and video focus, as well as video stabilisation and tracking options for thermal cameras, are all features of the uncooled segments, which have low annual maintenance costs. These are the advantages of drawing in the uncooled market sector globally. the causes of the cooling’s delay
by Application
• Commercial
• Government & Defense
• Healthcare
• Industrial
The global market for infrared cameras is divided into four categories based on application: commercial, government & defence, healthcare, and industrial. The market is dominated by the Government & Defence sector, which had a 40% share in 2020. These infrared cameras are widely employed in coastal surveillance and border security to protect the country. In adverse weather circumstances like fog and dust, the employment of sophisticated technology enables the detection of all types of things that are invisible to the human sight. In order to create infrared cameras, “Defence Science and Technology Group (DSTG) and DEWC Services” teamed together in December 2021. With the use of a dual-band imager that is ground-based, this device can detect and track aeroplanes based on their emission.
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Key Players:
It then discusses the top competitors in the worldwide Infrared Camera market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. In addition, the research assesses capacity utilization, raw material sources, import-export, the value chain, price structure, and the industrial supply chain. The following players are featured in this report:
• Bosch Sicherheits systeme GmbH
• Sofradir Group
• L3 Technologies, Inc.
• Leonardo DRS
• Axis Communications AB
• Zhejiang Dali Technology Co. Ltd.
• General Dynamics Mission Systems, Inc.
• FLIR Systems, Inc.
• SATIR Trade UK Co.
• FLIR Systems
• Fluke
• Sofradir Group
• Sensors Unlimited
• Axis Communications
• Xenics
• New Imaging Technologies
• Allied Vision Technologies
• Lynred
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Regional Analysis:
The report has analyzed the global Infrared Camera market in the following regions:
- America, North (the United States, Canada, and Mexico)
- European Union (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia, and Rest of South America)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
The research provides comprehensive insights into numerous development opportunities and challenges in the regions mentioned above based on various types of goods, applications, end-users, and countries, among others. The research also includes key features of the worldwide Infrared Camera market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on Infrared Camera Market:
COVID-19 is an unprecedented worldwide public health emergency that has impacted practically every business, and the long-term impacts are expected to have an influence on industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The revised report contains insights, analysis, projections, and predictions based on the influence of COVID-19 on the market.
Key Questions Answered in the Infrared Camera Market Report are:
- Which are the major companies in the Infrared Camera market?
- Which is the potential market for Infrared Camera in terms of the region?
- Which application area of Infrared Camera is expected to grow at a significant rate in the market in the next 5 years?
- What are the opportunities for new market entrants?
- What will be the Infrared Camera market size by 2027?
- What are the growth prospects for the Infrared Camera market?
- What is the base year considered in the Infrared Camera market report?
- Which region holds the largest market share in the Infrared Camera market?
- What factors are anticipated to drive the Infrared Camera market?
