Emergen Research

Infrared Imaging Market Share, Growth Rate, Trends, Segments, Challenges, Key Companies by 2028

Growing use of infrared imaging in security and surveillance is a significant factor driving global infrared imaging market growth.

 

Vancouver, BC -- (SBWIRE) -- 04/15/2021 -- 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. 

Infrared imaging market revenue in Asia Pacific is projected to register fastest revenue CAGR over 2021–2028 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.

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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.

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; 2021–2028)
Cooled Infrared Imaging
Uncooled Infrared Imaging

Wavelength Outlook (Revenue, USD Billion; 2021–2028)
Near Infrared
Short Wave Infrared
Mid-wave Infrared
Long wave Infrared

Application Outlook (Revenue, USD Billion; 2021–2028)
Security & Surveillance
Monitoring & Inspection
Detection

Industry Vertical Outlook (Revenue, USD Billion; 2021–2028)
Automotive
Aerospace & Defense
Oil & Gas
Electronics & Semiconductor
Food & Beverage
Others

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Additional information offered by the report:

A complete overview of the global Infrared Imaging market.
Detailed examination of the various market dynamics, including drivers, opportunities, challenges, threats, constraints, and development prospects prevailing in the global market.
Diverse market trends observed on regional and global levels. The report also elaborates on the market size and shares governed by the major geographies, combined with a precise growth forecast analysis, cost analysis, micro- and macro-economic indicators, and regulatory framework.
A vivid analysis of the company profiles of the key market contenders operating in the global Infrared Imaging market.
Extensive research & development assessment, and a detailed study of the growing demand for new products and the increasing application of the existing and new products.

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

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

CONTINUED..!!

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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