Global IR Camera Market worth USD 6.82 billion by 2023

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Global IR Camera Market to expand USD 6.8 billion
by 2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Infrared (IR) Camera Market

• IR (Infrared) Camera Industry size, valued at USD
  3 billion in 2015, is projected to surpass USD
  6.8 billion by 2023. IR (Infrared) Camera Market
  is gaining a heavy momentum with rapid adoption
  of infrared cameras in automotive, radiometric,
  and mobile sectors. Technological innovations
  have contributed significantly towards reduction
  in the costs of IR cameras and this is expected
  to steer the industry growth map. Inception of
  new technologies providing exceptional features
  such as built-in visual imaging and automation
  will generate more market demand over the coming
  six years. The growing popularity of these
  products can be attributed to its wide use for
  detecting electrical defects, leak
  identification, and plumbing blockages.
• Infrared (IR) Cameras further find applications
  across commercial, military defense, and
  medical imaging sectors. Military Defense
  application, which accounted for more than 35 of
  Infrared (IR) Camera Market share in 2015, is
  anticipated to play a major role in industry
  expansion over the coming years. Infrared (IR)
  Camera industry revenue in the commercial sector
  is projected to grow at a rate of 10 over the
  period from 2016 to 2023.

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Continued...

• The commercial sector is expected to influence
  the industry growth over the coming years, owing
  to elevated product demand across nuclear power
  plants, thermography, security borders, airports,
  and constructions. Medical imaging sector is
  expected to stimulate Infrared (IR) Camera
  industry development over the years to come,
  driven by the escalating product demand for
  detecting life-threatening ailments such as
  cancers.
• North America IR (Infrared) Camera Market is
  anticipated to surpass USD 2.5 billion by 2023.
  Mounting requirement for efficient mass screening
  as well as video surveillance is projected to
  push the regional demand. The U.S. is likely to
  dominate the regional revenue.
• Asia Pacific IR (Infrared) Camera Market size is
  expected to observe a substantial surge over
  2016-2023. Growing security concerns coupled with
  heavy investments in defense activities is
  expected to drive the regional growth. High
  product demand in oil gas and automobile
  sectors will further contribute towards the
  revenue.

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

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(IR) Camera Market _at_ https//goo.gl/ukGNSx
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Continued...

• Pelco Corporation, E.D. Bullard Company, Fluke
  Corporation, Axis Communications AB, FLIR
  Systems, Seek Thermal, Nippon Avionics Company
  Limited, Samsung Group, Testo SE Co. KGaA,
  Zhejiang Dali Technology Company Limited, QIOPTIQ
  Limited, Guangzhou SAT Infrared Technology
  Company Limited, Infrared Integrated Systems
  Limited, Wuhan Guide Infrared Company Limited,
  and Raytheon Company are key participants of
  infrared (IR) Camera Industry.
• The differentiating factor of infrared camera
  market report by Global Market Insights, Inc.
  when compared with other, similar syndicated
  research studies includes a 360-degree synopsis
  of trends for a period of more than 10 years
  including historic information as well as future
  outlook. Business focussed multiple trends for
  infrared camera industry are discussed along with
  regional trends to offer an overall view of the
  market. The industry insights chapter of this
  research provides the most comprehensive analysis
  of infrared camera market covering segmentation,
  size, forecasts, ecosystem analysis and more.

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