Infrared Imaging Market is expected to undergo a CAGR of 6.85% during the forecast period 2022 to 2029.
Market Analysis and Insights Infrared Imaging Market
Infrared imaging is a technology of capturing infrared light that is otherwise not visible to the naked human eye. Infrared imaging involves the application of infrared cameras, capturers and imagers. Infrared imaging systems use state-of-art technology to generate brittle images.
Rising globalization and growing improvements and technological innovation in infrared detectors will emerge as the major market growth driving factors. Growing application of infrared imaging for inspection and quality control inspection, surging demand for high speed infrared cameras with advanced features for measuring thermal performances and widespread industrialization will further aggravate the market value. Growing expenditure to undertake research and development proficiencies and surging focus on the technological advancements in manufacturing the micro bolometers will further carve the way for the growth of the market.
However, availability of competing technologies like thermal imaging will act as a growth restraint for the market. High costs associated with the infrared imaging equipment and research and development proficiencies will further dampen the growth rate of the market. Large scale technological limitations in the underdeveloped economies and stringent governmental regulations will further challenge the market growth rate.
Infrared Imaging Market Scope
The infrared imaging market is segmented on the basis of technology, wavelength, application and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
· Based on technology, the infrared imaging market is segmented into cooled and uncooled infrared imaging.
· Based on wavelength, the infrared imaging market is segmented into near infrared (NIR), shortwave infrared (SWIR), mid-wave infrared (MWIR) and long-wave infrared (LWIR).
· Based on application, the infrared imaging market is segmented into security and surveillance, monitoring and inspection and detection. Monitoring and inspection is sub-segmented into condition monitoring, structural health monitoring and quality control. Detection is sub-segmented into gas detection, fire/flare detection and body temperature measurement.
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Infrared Imaging Market Country Level Analysis
The countries covered in the infrared imaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Infrared Imaging Market Share Analysis
The Infrared Imaging Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Infrared Imaging Market.
Key Players Infrared Imaging Market
- Xenics
- Lynred
- FLIR Systems Inc.
- Fortive
- United Technologies
- Leonardo S.p.A.
- L3Harris Technologies Inc.
- Axis Communications AB.
- BAE Systems
- Testo SE Co. KGaA
- Fluke Corporation
- JENOPTIK AG
- HT Italia S.r.l.
- Allied Vision Technologies GmbH
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Global Infrared Imaging Market by Product Procedure type
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