IR Illuminators Market Forecast 2024-2033

Overview and Scope
IR (infrared) illuminators are devices that emit infrared light to enhance visibility in low-light or no-light conditions. Infrared light is outside the range of human vision but can be detected by certain cameras and other imaging systems. IR illuminators are commonly used in surveillance and to capture images.

Sizing and Forecast
The ir illuminators market size has grown strongly in recent years. It will grow from $1.14 billion in 2023 to $1.26 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to increasing adoption in surveillance systems, military and defense applications, expansion of law enforcement technologies, increased demand in wildlife observation, commercial and industrial surveillance.

The ir illuminators market size is expected to see rapid growth in the next few years. It will grow to $1.85 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to smart city initiatives, rise in border security concerns, increasing integration with ai and analytics, expanding applications in critical infrastructure, growing interest in wildlife conservation. Major trends in the forecast period include wireless connectivity and integration, rise in demand for covert illumination, use of low-maintenance materials, application in emerging technologies, customization for specific environments.

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Segmentation & Regional Insights
The ir illuminators market covered in this report is segmented –

1) By Type: Compact Infrared, Panoramic, Long Range Infrared
2) By Products: IR Laser Illuminator, IR LED Illuminator
3) By Application: Night Vision Cameras, Surveillance, Other Applications

North America was the largest region in the IR Illuminators market in 2023. The regions covered in the ir illuminators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The increasing demand for surveillance cameras is expected to propel the growth of the IR illumination market going forward. A surveillance camera refers to a camera that sends real-time recordings to a central location within a local area network (LAN), such as a monitoring station.IR illuminators with video surveillance are employed for home, office, or property surveillance, which collect video with the help of cameras. Therefore, the increased demand for surveillance will increase the demand for IR illuminations. For instance, in October 2022, according to the Atlantic Organization, a US-based nonpartisan organization, there were 416 million surveillance cameras in China for 2021. Further, according to the Bureau of Labor Statistics, a US-based field of labor economics and statistics, the US surveillance camera installations are expected to increase by 21% to reach 85 million camera installations in 2021. Therefore, the increasing demand for surveillance is driving the growth of the IR illuminators market.

Key Industry Players

Major companies operating in the IR illuminators market report are Honeywell International Inc., The Axton Group, Pulsar N, Night Optics USA Inc., Raytec Ltd., ACTi Corporation, American Dynamics, Arecont Vision LLC, ATN Corp, Axis Communications AB, Pelco Products Inc., Bosch Security Systems Inc., Cisco Meraki Inc., Sightmark, Hikvision Digital Technology Co Ltd., Vortran Laser Technology, HelioWorks Inc., Boston Electronics Corp., Advanced Illumination, Advanced Photonix, Aegis Electronic Group, Aixtron, Ametek, Andor Technology, Applied Materials, Avantes, B&W Tek, FLIR Systems

The ir illuminators market report table of contents includes:

1. Executive Summary
2. IR Illuminators Market Characteristics
3. IR Illuminators Market Trends And Strategies
4. IR Illuminators Market – Macro Economic Scenario
5. Global IR Illuminators Market Size and Growth
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31. Global IR Illuminators Market Competitive Benchmarking
32. Global IR Illuminators Market Competitive Dashboard
33. Key Mergers And Acquisitions In The IR Illuminators Market
34. IR Illuminators Market Future Outlook and Potential Analysis
35. Appendix

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