The global IR (Infrared) camera market size is expected
to reach USD 5.10 billion by 2020, according to a new study by Grand View
Research, Inc. IR cameras help identify the site of tissue damage in case of
injuries, and are expected to witness surging demand in medical imaging
applications. They have been extensively used by airports during the outbreak
of epidemics to identify and screen passengers with elevated body temperatures.
Microbolometer development has resulted in increased commercialization, which
is also expected to be a key market driver.
High demand for IR cameras across
several emerging market segments including food service and distribution,
healthcare and screening, veterinary science, automotive care, maritime vessel
inspections and aircraft inspection offer opportunities for market growth.
Incorporating infrared cameras in smartphones at lower costs is expected to
present vistas for market growth for companies operating in the market.
Declining defense spending may pose a barrier to the global IR camera market
over the next six years.
Browse full research report on IR (Infrared) Camera Market: https://www.grandviewresearch.com/industry-analysis/ir-infrared-camera-market
Further key findings from the study suggest:
- Germanium accounted for over 35% of the IR camera market in
2013. Sapphire lenses are extremely hard, durable and exhibit good
transmission range covering UV to IR range. These lenses are suitable for
high-pressure, high power applications, and the segment is expected to
witness high growth over the next six years.
- Military and defense was the largest application segment in
2013; these applications have challenging requirements for temperature
tolerance, ruggedness, and reliability. Reduction in IR camera prices is
expected to have a positive bearing on the penetration of technology in
security, surveillance, and automotive markets as technology plays an
important part in providing night-vision option in automobiles.
- North America is expected to be the key regional market over
the forecast period owing to presence of major industry participants.
Technological advancements along with the presence of key industry players
contributed to regional market growth. Furthermore, video surveillance
cabling and infrastructure market is expected to drive regional market
growth. Increased use in automotive, oil & gas and other commercial
applications is expected to play a pivotal role in the penetration of IR
cameras in Asia Pacific.
- Key companies operating in the market are FLIR Systems, Axis
Communications, Samsung Techwin, Fluke Corporation, Testo AG, etc. Major
market strategies adopted by industry participants include product
development and innovation, as well as mergers and acquisitions.
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/ir-infrared-camera-market/request/rs1
Grand View Research has segmented the global IR camera market on
the basis of material, application and region:
IR Camera Material Outlook (Revenue, USD Million, 2012 - 2020)
- Germanium
- Silicon
- Zinc
Selenide
- Sapphire
IR Camera Application Outlook (Revenue, USD Million, 2012 - 2020)
- Military
& Defense
- Industrial
- Commercial
- Medical
Imaging
- Others
IR Camera Regional Outlook (Revenue, USD Million, 2012 - 2020)
- North
America
- Europe
- Asia
Pacific
- RoW
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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