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 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.
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Key Highlights of Report
- 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.
- Infrared imaging market revenue in Asia Pacific is projected to register fastest revenue CAGR over 2024–2028 due to increasing growth of automotive, electronics and semiconductors, and food and beverages industries. Also, rising demand for early disease diagnosis and presence of a large patient base is driving market growth in the region.
- 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.
Infrared Imaging Market Segmentation:
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; 2024–2028)
- Cooled Infrared Imaging
- Uncooled Infrared Imaging
- Wavelength Outlook (Revenue, USD Billion; 2024–2028)
- Near Infrared
- Short Wave Infrared
- Mid-wave Infrared
- Long wave Infrared
- Application Outlook (Revenue, USD Billion; 2024–2028)
- Security & Surveillance
- Monitoring & Inspection
- Detection
- Industry Vertical Outlook (Revenue, USD Billion; 2024–2028)
- Automotive
- Aerospace & Defense
- Oil & Gas
- Electronics & Semiconductor
- Food & Beverage
- Others
Key Geographical Segments:
- North America (U.S., Canada)
- 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)
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Major Objectives of the Study:
- To offer a comprehensive analysis of the market scenario to derive an accurate forecast of the market and its major segments
- Accurate insights into the future growth prospects of the market through an analysis of the influencing factors
- Analysis of vital aspects of the market including cost analysis, supply chain analysis, Porter’s Five Forces analysis, SWOT analysis, and investment return analysis
- Extensive historical and forecast estimation of the market revenue based on its key segments and key regions
- Comprehensive analysis of the competitive landscape of the market along with exhaustive profiling of the key competitors, product portfolio, and manufacturing and production capabilities
- An accurate and comprehensive 8-year forecast for the Infrared Imaging industry vertical on both regional and global scale
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. 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
4.2.2.1. Growing demand for near infrared imaging in healthcare
4.2.2.2. High requirement of infrared imaging in security & surveillance
4.2.2.3. Increase in defense expenditure
4.2.2.4. Growing demand for infrared in industrial imaging
4.2.3. Market restraints analysis
4.2.3.1. 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
READ MORE…!
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