02-Oct-2024 | Zion Market Research
Zion Market Research has published a new report titled “Global Infrared Camera Market – By Product [(Handheld, Fixed, and Pan-Tilt-Zoom (PTZ)], By Technology (Cooled and Uncooled), By Wavelength [Long-Wave Infrared (LWIR), Mid-Wave Infrared (MWIR), Short-Wave Infrared (SWIR), and Near Infrared (NIR)], By Application (Commercial, Industrial, Automotive, Healthcare, BFSI, Residential, Government & Defense, and Others), And By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032.” According to the report, global Infrared Camera Market was worth USD 8.97 Billion in 2023. The market is forecast to reach USD 18.61 Billion by 2032, growing at a compound annual growth rate (CAGR) of 7.6% during the forecast period 2024-2032.
Browse the full “Global Infrared Camera Market – By Product [Handheld, Fixed, and Pan-Tilt-Zoom (PTZ)], By Technology (Cooled and Uncooled), By Wavelength [Long-Wave Infrared (LWIR), Mid-Wave Infrared (MWIR), Short-Wave Infrared (SWIR), and Near Infrared (NIR)], By Application (Commercial, Industrial, Automotive, Healthcare, BFSI, Residential, Government & Defense, and Others), and By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2024-2032.” Report at https://www.zionmarketresearch.com/report/infrared-camera-market
The “short-wave infrared (SWIR)” category likely to expand splendidly during the study timeframe
The SWIR category under wavelength segment witnesses a remarkable growth in the coming years owing to the extensive utilization of IR-based technology in the industrial vertical. SWIR cameras have a wide array of applications in spectroscopy, semiconductor analysis, surveillance, scientific research, moisture detection, and high-temperature thermography, among others. SWIR camera manufacturers are continuously investing and incorporating novel technologies to develop reasonably priced cameras. However, the key restraint hampering the global SWIR segment growth is the relatively higher market price of SWIR cameras among other categories under wavelength segment.
The “uncooled” category under the technology segment is likely to lead the global infrared camera market in the coming few years
Based on the technology, the global infrared camera market is segmented into uncooled and cooled. Between the two, uncooled is projected to generate major revenue for the global market during the forecast period. The key factor letting the category attain leading position is the cost-considerably driven the demand for these cameras. Uncooled IR cameras are widely used in security & surveillance operations.
The Asia Pacific IR camera market is expecting a lucrative growth during the forecast period
The Asia Pacific infrared camera market is projected to escalate furiously in the coming years owing to the constant product development efforts and rising demand of the product by the regional developing economies such as India, Japan, and China.
Some of the key players driving the global infrared camera market are SiOnyx LLC, Panasonic Corporation, OMEGA Engineering, Inc., Infrared Cameras Inc., Xenics Hangzhou Hikvision Digital Technology Co. Ltd., FLIR Systems, OPGAL OPTRONIC INDUSTRIES LTD., Testo AG, InfraTec GmbH, Raytheon Company, Axis Communications AB, Fujifilm Holdings Corporation, Leonardo DRS, Seek Therma, Honeywell International Inc., DIAS Infrared GmbH, Optris GmbH, Fluke Corporation, and Hanwha Techwin Co. Ltd.
The global infrared camera market is segmented as:
Global Infrared camera Market: Product Segmentation Analysis
Global Infrared camera Market: Technology Segmentation Analysis
Global Infrared camera Market: Wavelength Segmentation Analysis
Global Infrared camera Market: Application Segmentation Analysis
Global Infrared camera Market: Regional Segmentation Analysis
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