IR (Infrared) Camera Market growth to be driven by development in IR Imaging Technology - PowerPoint PPT Presentation

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IR (Infrared) Camera Market growth to be driven by development in IR Imaging Technology


Request Sample of Report @ IR cameras provide innovative features such as iron palette, black/white/gray palette and rainbow palette that are increasing the adoption rate. Rainbow palette offers advance thermal sensitivity to display the differences in temperature. Avio Infrared Technologies introduced R300S high thermal sensitivity imager for energy audit, building inspection, geology, civil engineering and veterinary with rainbow palette. – PowerPoint PPT presentation

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Title: IR (Infrared) Camera Market growth to be driven by development in IR Imaging Technology

Global IR Camera Market share forecast to grow at
9.5 CAGR by 2023
Fuel Cell Market size worth 25.5bn by 2024
Key Insights of IR Camera Market
  • Infrared Camera Market share was over USD 3
    billion in 2015 and is poised to reach USD 6.8
    billion by 2023, military and defense sector to
    be dominating with their forecast to cross USD
    2.4 billion by 2023 High requirement for security
    and surveillance along with surging product
    demand across various sectors will boost
    (Infrared) IR Camera industry size over the years
    to come.
  • With unique properties such as black/white/gray
    palette, iron palette, and rainbow palette to
    boast of, IR cameras find widespread applications
    across the military defense, commercial,
    medical, and industrial sectors.
  • IR camera industry size in military defense
    applications is predicted to exceed USD 2.4
    billion by 2023. The prime factors for this
    significant revenue surge are increased
    surveillance requirements, growing RD
    investments, high demand for products that have
    sufficient resistance to extreme conditions and
    temperature fluctuations, and the ability to
    identify defects in process and equipment

  • Efficient product features such as thermal
    sensitivity imaging, automation, fault detection,
    and built-in visual imaging will stimulate IR
    camera market in medical applications, which is
    slated to grow at a CAGR of 9.8 over 2016-2023.
    In addition, rising adoption of IR cameras for
    terminal disease detection, impact on body
    vitals, and suitable drug research will also fuel
    IR camera industry in healthcare applications in
    the years to come.
  • Increased product application for security and
    rescue missions will augment IR camera market in
    commercial applications, slated to increase at a
    CAGR of more than 10 over 2016-2023.
  • Sapphire being a highly durable material is used
    extensively for manufacturing camera lenses.
    Sapphire IR camera industry is expected to grow
    at a lucrative CAGR of 10.7 over 2016-2024,
    driven by favorable properties such as ability to
    sustain extreme temperatures, robustness, and
    scratch resistance.

North America IR Camera Market size, by
application, 2013-2023 (USD Billion)

  • High thermal shock resistance will be one of the
    principal properties owing to which zinc selenide
    IR camera market size will catapult to great
    heights, with a CAGR anticipation of more than
    10 over 2016-2023.
  • Germanium being the leading material segment in
    2015 is projected to register healthy gains over
    the period of 2016-2023. Germanium will continue
    to dominate the material landscape, pertaining to
    its excellent infrared transmission and
    mechanical properties.
  • High product demand across the automotive and oil
    gas sectors along with increasing number of
    investments in military defense will drive Asia
    Pacific IR camera industry over 2016-2023. Led by
    the U.S., North America dominated the global
    landscape in 2015. The huge demand for video
    surveillance cabling, mass screening, and the
    existence of most of the key players in the
    region will act as major drivers for regional
    market expansion.
  • Key industry players include Leonardo DRS, Fluke
    Corporation, Seek Thermal, Testo AG, FLIR
    Systems, Samsung, Axis Communications, and
    Raytheon Company.


Browse Full Market Research Report Of IR Camera
Market _at_ http// Request for a
Sample of this Research report _at_
Table Content of IR Camera Market
  • Chapter 1 Methodology Scope
  • 1.1 Research Methodology
  • 1.1.1 Initial data exploration
  • 1.1.2 Statistical model and forecast
  • 1.1.3 Industry insights and validation
  • 1.1.4 Research scope and assumptions
  • 1.2 Data Sources
  • 1.2.1 Secondary sources
  • 1.2.2 Primary sources
  • Chapter 2 Executive Summary
  • 2.1 IR camera industry 360 synopsis, 2012
  • 2.1.1 Business trends
  • 2.1.2 Regional trends
  • 2.1.3 Application trends

  • Chapter 3 IR Camera Industry Insights
  • 3.1 Industry Segmentation
  • 3.2 Industry Size and forecast, 2012 - 2023
  • 3.3 Industry ecosystem analysis
  • 3.3.1 Vendor matrix
  • 3.4 Industry Impact forces
  • 3.4.1 Growth drivers
  • Decreasing product cost
  • Growing consumption across end-use
  • 3.4.2 Market restraint analysis
  • Unfavorable outlook in the defense
  • 3.5 Growth potential analysis
  • 3.6 Porters analysis
  • 3.7 Key competitor landscape, 2015
  • 3.8 PESTEL analysis

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